Iranian Mines and Mining Industries Development and Renovation Organization has concluded the preliminary exploration of all 22 mineral zones it operates across the country, announced IMIDRO’s…
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>
Iran has attracted about 53.5% of the $3.65 billion of investment required for realizing its crude steel capacity expansion goals by 2025.
The country aims to become the world’s sixth…
Much as the government’s painstaking efforts to renew Iran’s aging air fleet have grabbed the attention at home and beyond borders, critics continue to downplay the move.
Sales and marketing departments of insurance companies have been unusually busy in recent days, as more people are referring to insurers to insure their properties against fire.
More than a year into the implementation of Iran’s nuclear accord and the lifting of international sanctions, the country is looking to expand its business ties with Italy after a number of…
The rial was quoted at 38,210 to the US dollar on Monday, gaining 0.79% against the greenback compared with Sunday’s close, according to Tehran Gold and Jewelry Union’s website. The average…
As part of a new presidential directive approved by the Cabinet, the Planning and Budget Organization of Iran has been permitted to clear a portion of the government's debts to the banking system…
The governor of the Central Bank of Iran has sent a letter to CEOs of all state-owned and private banks, notifying them of new regulations concerning foreign travel ban on bank debtors.
Sungun Copper Mine exported over $317 million worth of copper products during the nine months to December 21, accounting for about 19% of East Azarbaijan Province’s non-oil exports during the…
Of the 160-170 iron ore mines in Iran, only 20 are currently operational, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said. This indicates an 80% decline in the…
The bill approved by lawmakers making women eligible for receiving pension after 20 years of work, regardless of age, will impose expenses close to 50 trillion rials (approximately $1.3 billion)…
Iran’s National Tax Administration has issued a directive based on which legal entities and individuals can receive higher amounts of bank credits without having to first clear their tax debts.…
Bank Melli Iran on Saturday installed a forex ATM machine in Imam Khomeini International Airport in south Tehran. The machine provides travelers with foreign exchange after scanning their passport…
The government has approved divesting 14% of its shares in Amin Re by the end of the current Iranian year (March 20), announced Amin Re’s chief executive.
Mostafa Kiaei also told a press…
Iran will stop using the US dollar as its currency of choice in its financial and foreign exchange reports from the new fiscal year that begins in March, announced the governor of the Central Bank…
Tehran Stock Exchange’s main index lost 6.8 points or 0.01% to end Sunday trade at 77,707.3.
More than 753 million shares valued at $37.5 million changed hands for the day.
Iran Yasa…
While the standstill between Asian buyers and major suppliers of slab from Brazil and Russia persisted, news emerged about at least one booking of Iranian product taking place in Southeast Asia.…
Pakistan Cement Manufacturers Association is urging the Pakistani government to slap up to 20% of import duties on Iranian cement, claiming that Iranian producers are “dumping” the industrial…
Chadormalu Mining and Industrial Company’s iron ore reserves are expected to run out in a few years and the iron ore giant’s survival hinges on exploitation of new deposits.
Cement trading will resume at Iran Mercantile Exchange’s board of exports in the Iranian month of Ordibehesht (April 21-May 21, 2017), the head of Cement Employers Association, Abdolreza Sheikhan…
The latest analysis of data by the research arm of the Iranian Parliament has revealed that the negative growth in the property market will persist all the way to the end of the current fiscal…
Roads, Housing and Urban Development Research Center (BHRC), affiliated with the Ministry of Roads and Urban Development, on Saturday signed an agreement with Korea Institute of Civil Engineering…
In the latest plan to increase the capital of Iranian public-sector banks, Bank Melli Iran will receive almost half the total amount considered for the plan, the bank’s CEO revealed.
Tejarat Bank has filed a lawsuit at the European Court of Justice (ECJ), seeking compensation for the losses it incurred during the sanctions that targeted Iran's nuclear program, the bank's CEO…
Tehran Stock Exchange’s main index lost 334.90 points or 0.43% to end Saturday trade at 77,714.1.
More than 830 million shares valued at $45.3 million changed hands for the day.
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