The world’s biggest international carrier Emirates touched down in Mashhad for the first time last week, adding the northeastern city to its only other Iranian destination, Tehran.
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.
Iran Mercantile Exchange witnessed the offering of 110,000 tons of granulated iron ore priced at $14 per ton by Sangan Iron Ore Complex, 500 tons of roof insulation, 1,000 tons of sulfur lumps by…
Bandar Abbas Oil Refining Company’s ticker symbol’s reopening in the final trading hours at Tehran Stock Exchange on Wednesday led to 17.8% drop in the company’s shares’ value, dramatically…
It has been echoed many times by government officials that the country needs to move away from a single-product economy that relies solely on oil revenues. Oil price fluctuations have sent…
The lifting of nuclear-related trade and financial sanctions on Iran, should it materialize, would be credit positive for Iranian banks, says Moody's Investors Service in a report published…
Lending by banks reached 939.7 trillion rials ($31.3 billion at official exchange rates) in the first four months of the calendar year (started March 21), an increase of 16.4% or 132.1 trillion…
The current interest rates offered by banks are more or less “adjusted with the inflation rate” and ensure the interest of depositors, a banking official said, Bourse Press website reported.
A senior bourse official says launching the highly publicized currency futures would be possible after implementation of the unified foreign exchange rate.
The recent reported increase in home sales raises hope that the long stagnant housing market and the economy are slowly leaving recession behind, head of Tehran Association of Realtors said Monday…
Iranian, German and Afghan professors and experts of geology have convened at Geological Survey of Iran to survey the mining resources of Afghanistan and the country’s technical know-how in this…
Any global steelmakers hoping a potential end to sanctions on Iran will fully revive what was once a multibillion dollar import market for their product will be disappointed as Tehran is boosting…
The prevailing recession coupled with cash flow issues kept draining Tehran Stock Exchange on Tuesday with dramatic retreat in daily trade volume and value.
More than 264,000 tons of commodities were offered on Iran Mercantile Exchange’s trading floors on Tuesday.
The export trading floor witnessed the offering of 84,000 tons of bitumen by Jey…
Expanding cooperation between Iran and Portugal in the areas of agricultural trade and technologies was discussed in a meeting between head of Agricultural Ministry’s International Affairs…
It is about two decades that dropped ceiling has turned into a key building component of modern construction in both residential and commercial applications.
Valiollah Seif is peculiar in more ways than one. He took over as chief of the Central Bank of Iran at a time when the economy had plunged into one its worst recessions in recent memory.
Former governor of the Central Bank of Iran Mahmoud Bahmani has rejected recurring claims that the bank had withdrawn money from the National Development Fund of Iran without the fund’s permission…
Prevailing foreign exchange rates are not predisposed to political developments but are rather a function of demand and supply, a former governor of the Central Bank of Iran said, Eghtesad News…
Minister of Economic Affairs and Finance Ali Tayebnia said recent fluctuations in the foreign exchange prices are “interim”, Tasnim news agency reported on Tuesday. “I don’t think the current…
The first national platform for economic and financial data exchange was launched yesterday in the Ministry of Economy. The platform aims to ease the management and increase the transparency of…
About 110,000 tons of granulated iron ore from Mishdovan Iron Ore Complex at the base price of $16 per ton were offered on Iran Mercantile Exchange’s export trading floor on Monday. The floor also…
After an exhausting six weeks during which Tehran Stock Exchange fell from around 70,000 to just over 64,000, last week was the first time when losses stabilized, even reporting an infinitesimal…
Increased cooperation with the private sector has been high on the agenda of President Hassan Rouhani’s government ever since it came to power in 2013, in an attempt to lead the economy out of…
Wrapping up a volatile trading day in green, Tehran Stock Exchange recorded dramatic retreats in trade volume and value on Monday.
According to TSE data, TEDPIX extended its crawling upward…
A senior audit official refuted recent complaints by the chairman of the National Development Fund of Iran that the Central Bank of Iran has used the NDFI resources for investment purposes, saying…
