Business And Markets
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.
July 21, 2023 18:51
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April 30,2018A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5. The sale comprises 3.04 billion shares with a base price... -
April 30,2018Producing half of the 550 million square meters per year of the domestic output of tiles and ceramics, Yazd Province is the production hub of these products in Iran, the deputy head of Iran’s Tiles...
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April 30,2018The governor of the Central Bank of Iran has decried analyses linking the recent volatility in the foreign exchange market to past woes besetting the banking system. Valiollah Seif wrote on his...
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April 29,2018A member of Majlis Economic Commission has called for more liquidity to be directed toward the housing sector, saying that although mortgage rate cuts are likely to help boost the sector’s growth,...
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April 29,2018Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists...
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April 29,2018The production units of Iranian industrial parks exported $2.18 billion worth of commodities in the last fiscal year (March 2017-18), IRNA quoted deputy minister of industries, mining and trade,...
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April 29,2018US President Donald Trump’s threats to leave the nuclear agreement has so far made no direct impact on Iran Air’s contracts to buy airplanes from western planemakers, an advisor to the minister of...
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April 29,2018Tehran Stock Exchange’s main index lost 473.72 points or 0.5% on Sunday compared to the day before to end trade at 93,810.7. About 697 million shares valued at $43.75 million changed hands at TSE...
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April 29,2018The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed. Valiollah Seif, in his first TV...
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April 29,2018Iran’s economic sectors received a total of more than 9.35 million counts of loans valued at 6.13 quadrillion rials ($145.95 billion) from banks and credit institutions during the previous fiscal...
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April 29,2018Major Iranian lead and zinc producers extracted 928,932 tons of ores in the last fiscal year (March 2017-18), according to the Iranian Mines and Mining Industries Development and Renovation...
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April 29,2018Section-3 of Khwaf-Herat Railroad, part of Iran-Afghanistan rail corridor, has made 80% progress, according to a delegation of the Islamic Republic of Iran Railways which recently visited Herat...
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April 28,2018The Central Bank of Iran has released new guidelines for the way banks' capital adequacy ratios are calculated.
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April 28,2018The Iranian banking network paid 37.5 trillion rials ($870 million) to 218 knowledge-based companies during the previous Iranian year (March 2017-18). According to data released by the Central Bank...
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April 28,2018An official with the Trade Promotion Organization of Iran said the registration of import orders has resumed at import registration website (Sabtaresh.tpo.ir), following the government’s new...
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April 28,2018The Iranian government is seeking to develop the domestic bond market under the Sixth...
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April 28,2018When top-level officials and business representatives gathered in Tehran on Saturday as part of the two-day Sixth Iran-Europe Banking and Business Forum, the shadow of US President Donald Trump’s...
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April 28,2018Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi said on Saturday his ministry has prepared a preliminary prototype of the national virtual currency in...
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April 28,2018Tehran Stock Exchange’s main index lost 511.61 points or 0.54% on Saturday compared to the day before to end trade at 94,284.5. About 460 million shares valued at $21.48 million changed hands at...
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April 27,2018The Central Bank of Iran has released its latest report on Tehran's housing market, painting a stark picture of the falling number of home sales and price jumps higher than inflation for the first...
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April 27,2018After hinting at a possible free trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports. Russian Prime Minister Dmitry...
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April 27,2018Governor of the Central bank of Iran Valiollah Seif has advised foreign currency depositors to be wary of banks’ credibility and behavior when trusting their hard currency with them. Seif referred...
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April 27,2018Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated an MDF panel production plant in East Azarbaijan Province on Tuesday. Adopen Plastic Persian Industrial Company, which...
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April 27,2018Iran is finalizing about €2 billion of investment from Europe in copper and steel projects despite threatened new US sanctions, a government official said on Wednesday. "Early talks are also...
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April 27,2018US prosecutors in New York have been investigating whether Chinese tech company Huawei violated US sanctions in relation to Iran, according to sources familiar with the situation. Since at least...
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