As Iran eyes an investment boom following July’s nuclear agreement which is expected to remove the economic sanctions imposed by the US, EU and the UN Security Council over Tehran’s nuclear…
Business And Markets
<p>Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.</p>
A memorandum of understanding has been signed between the government and the private sector for building a copper concentrate plant in Kerman Province.
Close to 160,000 tons of various commodities, including 110,000 tons of granulated iron ore, were offered on Iran Mercantile Exchange for export on Wednesday.
Most of the listed companies in Tehran Stock Exchange weighed on the benchmark on Wednesday. However, the benchmark ended in green on Mobile Telecommunications Company of Iran’s trading.
The Australian trade commission Austrade—a governmental trade, investment and education promotion agency—has expressed readiness to develop mining cooperation with Iran. “Australian companies are…
Last Thursday, Iranian Foreign Minister Javad Zarif visited Pakistan as part of a multi-country tour to explore opportunities for greater economic and security cooperation in the region following…
The deadline for registering Bureaux de change with the Central Bank of Iran ended on Wednesday.
The bureaux had to apply for an operating permit from the central bank, by meeting the bank'…
With an exception of 2015, Iran’s insurance sector is forecast to grow in future, as the economy is expected to improve, but the growth will operate below the sector’s capacity, a report says.…
In a move to boost bilateral ties between Iran and Iraq, a delegation headed by the CEOs of two Iranian banks traveled to Iraq on Tuesday.
CEO of Keshavarzi Bank Morteza Shahidzadeh was…
National Development Fund’s board members have revised their list of priorities for business lending. At their latest meeting held on Tuesday, the board members agreed to expand their lending…
Iran accounts for 130-160 tons of the 200 tons of saffron produced worldwide every year and ranks first and far ahead of Spain, Italy, the US, China, Afghanistan, Austria, Switzerland and…
Following the July announcement by chairman of India’s state-owned Kudremukh Iron Ore Company, Malay Chatterjee, that the company plans to sell as much as two million tons of pellets to Iran, head…
The looming threat of underpriced steel imports has turned into a major concern for Iranian steelmakers who are already struggling with numerous domestic hassles.
Tehran Stock Exchange’s benchmark failed to extend its Monday gain and lost 113.1 points or 0.17% to end at 65,189.4 on Tuesday to underline the prevailing dented sentiment in the equity market.…
More than 125,300 tons of commodities were offered by 32 local suppliers on Iran Mercantile Exchange’s trading floors on Tuesday. According to IME, the oil and petrochemical trading floor played…
Head of the Economic Office at the Central Bank of Iran has touted the government’s oversight and control of liquidity, saying the ideal growth for money supply in an economy like Iran would be…
The plan to cut zeros from the Iranian national currency—the rial—has been deliberated by the Central Bank of Iran for sometime now. The policy was successfully initiated by several countries in…
The government is going ahead with its plan to create a centralized foreign exchange market, according to Economy Minister Ali Tayyebnia.
Tayyebnia made the announcement on Monday night…
India is preparing to pay the first installment of dues it owes to Iran for oil import as early as next week, Press Trust of India reported this week, citing finance secretary Rajiv Mehrishi. With…
An American trade delegation is set to visit Tehran in late January or February 2016 to discuss purchase of Persian hand-woven carpets, says the head of Iranian National Carpet Center, Hamid…
Investment in different stages of mineral processing is believed to be one of the vacuums in Iran’s industrial arena. Completion of mining value chain poses a challenge, which requires major…
Iran Mercantile Exchange witnessed a bustling trading day on Monday as various commodities were offered in the spot market, including iron ore for export purposes.
Iran Fara Bourse’s benchmark plunged 15.35 points or 1.99% to stand at 757.75 on Monday amid a bleak outlook for industries in the near future. As IFB reported, more than 120 million securities…
After a six-day rout at Tehran Stock Exchange, TEDPIX was lifted on Monday mainly by block trade of several listed companies, including Iran Transfo Corporation.
According to TSE data, most…
Tehran Stock Exchange is awaiting the completion of software that would process derivatives and introduce index options, its chief executive said Monday. The Securities and Exchange Organization…