Exports to Iraq totaled $13 billion last year but can rise to $25 billion, the secretary of Iran-Iraq economic development commission Rostam Qasemi has said, calling for a stronger role of Iranian…
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.
It is necessary to prepare an integrated roadmap for the qualitative and quantitative development of e-banking in Iran, according to a senior Iranian banker.
Commercial banks provided Iranian customers with 1,463 trillion rials ($45.7 billion) in loans in the first half of the year (ending September 22). The value of loans shows as much as 40 percent…
The value of Iranian exports to the European Union (EU) witnessed a 77 percent increase in August compared with the same month in 2013, reaching $102 million, Eurostat reported.
Trade…
As much as 231,000 tons of different types of commodities were offered on Iran Mercantile Exchange (IME) board on Monday.
One of the main goals pursued by the Securities and Exchange Organization (SEO) is to integrate the operational and management system in the capital market which will lead to development of…
A bullish trend is reigning over equity market once again, after the Tehran Stock Exchange's (TSE) main index (TEDPIX) managed to surge 1.75 percent on Monday, notching a record high in 10 months…
Mobarakeh Steel Company increased its steel plates export during the first half of the current Iranian calendar year—which started on March 21—reported IRIB news. The export of the plates during…
Iran’s Association of Olive Oil said producers are expected to yield around 11,000 tons of the product, reported Mehrnews. Mohammad Hatefi, the head of the association, said out of 110,000 tons of…
A “unified commercial window” will be opened on March 6, 2015, an online mechanism initiated by the government to facilitate inter-agency trade in Iran, said an official with the ministry of…
Twenty-nine percent of Iran’s oil revenues has gone to the National Development Fund of Iran (NDFI) so for this year (starting March 21, 2014), according to the fund’s deputy for economic affairs…
The government has allowed exporters to sell their revenue in foreign currency to Iranian commercial banks at free market (street) prices, first vice president Es'haq Jahangiri said Sunday.
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A high ranking delegation headed by the minister of communication and information technology, Mahmoud Vaezi has traveled to South Korea to take part in the 19th Plenipotentiary Conference (PP-14)…
The deputy minister of youth affairs and sports, Manaf Hashemi, announced Sunday that the ministry has signed a memorandum of understanding with Bank Pasargad, which he said is willing to support…
Various commodities were offered on the mining and industrial trading floor at the Iran Mercantile Exchange (IME) on Sunday, IME’s international affairs and public relations reported.
IranConMin is one of the industry’s leading trade fairs for international construction machinery, mining equipment and the building and natural stone industry. The IranConMin 2014 opened its gates…
Stocks staged a broad rally on Sunday, continuing their move into positive territory during the course of the past few months, helping the TEDPIX gain 0.37 percent.
As stocks gradually…
The process of customs clearance has been reduced from 26 days to six, after the launch of a website for cargo declaration, Foroud Asgari, head of the Import Department of Iran Customs…
Establishing a quality assurance fund for building constructions will be in favor of both housing applicants and construction beneficiaries, according to the head of Tehran Mass Builders…
A conference on banks and information technology firms will kick off on October 19 in Tehran, the CEO of Bank Tejarat, Mohammad Ebrahim Moghadam told IRNA on Saturday.
A specialized seminar on marketing of financial services and instruments will be held on October 30 at the IRIB International Conference Center, MNA reported.
Efforts are underway through export finance campaign to reduce interest rate on export-targeted banking facilities by 5 percent, Taher Shah Hamed, managing director of Export Guarantee Fund of…
Indian refiners are to pay $500 million to Iran next week, the second installment in an interim deal that allows Tehran to recover part of overseas frozen oil revenues that are payments for oil it…
Iron ore supply during the first two quarters of the current Iranian year, which ended Sep. 22, grew 2 percent compared to the same period last year, the Iranian Mines and Mining Industries…
The deputy minister of industry, mine and trade on Friday called for closer interaction and cooperation between the Organization of Small Industries and Industrial Parks with the State…
