Iran Privatization Organization has offered 99.99% of the shares of Iran East Iron Ore Company, that is 1.3 million shares in total. The IPO said the bulk would be offered at a base price of 71,…
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.
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Iran Mercantile Exchange is planning to establish Project Funds aimed at financing over 2,900 incomplete projects across the country, said a deputy at the exchange.
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Stocks slipped from early trading on Saturday, extending their recent drop, as more people seek a safe haven away from the stock market instead of selling off their shares.
According…
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Agricultural Jihad Minister Mahmoud Hojjati on Saturday called for further cooperation with France, saying that the European country has an “advanced” agriculture sector. In a meeting with Head of…
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Export Guarantee Fund of Iran is going to provide export credit facilities with up to 5 trillion rials ($188 million). The fund executives have signed a memorandum of understanding with Sarmayeh…
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RenCap has expressed willingness to enter Iran’s equity market.
The leading Russian investment bank’s top executives have held a meeting with officials at Tehran Stock Exchange with the aim…
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The idea of totally ending the government’s role in regulating the national economy is a wrong notion, government spokesman Mohammad Baqer Nobakht said Saturday.
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The Parliament (Majlis) Research Center conducted a survey this week to reveal why the country’s banking system is unable to recover its overdue loans even when there is collateral provided by the…
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Avishan, the second land and structure fund (LSF) founded in Iran, has gone through its Initial Public Offering and its investment units are now tradable in the secondary market.
The LSFs…
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The Azadi gold coin took a hard hit today, melting to a seven month trough, as Tehran's traders responded to the precious metal's global fall.
The sell off continued well into the Tehran's…
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A lawmaker has said the country’s sovereign wealth fund known as the National Development Fund of Iran will probably get far less than its current share from the oil revenue throughout the next…
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The British currency traded at 51,720 rials on Thursday and is likely to appreciate on Saturday, when the markets open in Tehran.
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Credit Agricole SA, a French lender, is to reach an agreement with US officials, regarding an investigation into the bank’s business with Iran and other sanctioned countries, Bloomberg reported…
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The Azadi bullion coin nears a six month low following the decline of gold’s spot price in the international spot market, as the strengthening US dollar drives down demand for safe havens.
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Diverse financial derivatives are necessary for making a vibrant stock market. These tools can increase the number of buy and sell orders for each price, thus pushing the market depth higher.…
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Iran annually exports eight million tons of cement to Iraq, and exported more than 200,000 autos to Iraq over the past 10 years, a senior trade official told FNA on Friday.
“Iraq imports…
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The minister of industry, mine, and trade has advised major manufacturers of granular iron ore not to solely rely on banking resources but instead focus on attracting investors, shareholders…
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Tehran Stock Exchange finished another downward trading week, although it experienced two rallies, which brought hope that the equity market’s bearishness will be gone in the near future.
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Head of the union of nuts exporters in Iran said Russia is the probable future market for Iranian pistachio. Mohammad Hassan Shams Fard said Iran previously exported the product to Russia, but…
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The leading car manufacturer, Iran Khodro, is preparing to resume producing its highly-demanded car Peugeot 206. The decision came after the company said all parts of the popular vehicle are…
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The greenback pushed higher against the yen on Wednesday, while the euro and sterling resisted further decline, as low levels spurred more buying. Gold kept on falling as it tested new lows going…
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The Securities and Exchange Organization has issued an establishment license for the 136th mutual fund in the country.
The new “Hami” closed-end mutual fund has been successfully…
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Eight commercial banks, unscathed from international sanctions against Iran’s banking system, are ready to cooperate with Qatari banks to ease money transfer between the two countries.
In a…
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The ministry of economic affairs and finance has reiterated its plans to reform commercial banks’ structures and statutes to help them make their activities profitable.
The plans…
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Unauthorized financial institutions are under attack by the Central Bank of Iran as it tries to pressure them to comply, though the scope of the situation remains unclear.
The Central Bank…
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