Business And Markets

An Iranian expert said the country's pharmaceutical sector is capable of outdoing oil exports and becoming the country's leading exporter.

The deputy minister of industry, mine, and trade said a committee including experts from the private sector and mine associations would revise seven major steel projects which were okayed without…

Iranian carmaker Saipa is putting 20 percent of its shares, 'Vaspa' (Saipa)  and 'Khpars' (Pars Khodro), on sale to finance new projects.

A wide variety of Iranian and foreign…

The current stability in domestic gold and coin markets was unheard-of over the past 35 years, said Mohammad Keshti Aray, president of Gold and Jewelry Union, who attributed the stability partly…

The Cooperative Development Bank (Tose'e Ta'avon Bank) has granted 6 trillion rials loan facilities during five months since the beginning of this Iranian year (starting March 21, 2014).

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The government's debt to GDP ratio was the sixth lowest in the world in 2013, according to the most recent report by the World Economic Forum. Iran has now edged up 3 places compared to the…

Tose'e Ta'avon Bank is going to grant home construction loans, up to a ceiling of 300 million rials, to members of cooperative unions and housing cooperatives. 

Initial public offering of 15 million shares of the first land and structure fund (LSF) ended last week. Legal entities scooped 65 percent of shares, FNA quoted an official at Fara Bourse as…

The government's debt to GDP ratio was the sixth lowest in the world in 2013, according to the most recent report by the World Economic Forum. Iran has now edged up 3 places compared to the…

The Cooperative Development Bank (Tose'e Ta'avon Bank) has granted 6 trillion rials loan facilities during five months since the beginning of this Iranian year (starting March 21, 2014).

…

The Securities and Exchange Organization has approved applications for setting up 14 new market making funds. 

Market makers are broker-dealer firms that accept the risk of holding a…

The Money and Credit Council, working under the supervision of the Central Bank of Iran, plans to assign private banks to grant interest-free marriage loans to young couples. 

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The Statistical Center of Iran has published a report showing the amount of energy carriers and the number of small-scale generators utilized in the country's active mines.

The earning forecast for 14 industrial companies increased by 6.12 trillion rials at the end of the Iranian month of Mordad (August 22) compared with the same time last year, according to a new…

Tehran Stock Exchange main index (TEDPIX) has plunged 6,894 points since the beginning of the current Iranian year (starting March 21), from 79,015 to 72,121 points in the course of 109 trading…

Tehran Stock Exchange closed at 72,121 points last week, down 2 percent from the opening day of the week (Saturday, 73,312 points). 

Best and Worst Performing Industries

Iran Mercantile Exchange trading floor has been inaugurated in Anzali Free Industrial Zone. The floor is to turn to a reference pricing platform for basic goods imported from CIS and the…

After last week's rout, Tehran Stock Exchange started a new week on Saturday with major market index dropping to a new low since July 3, 2014.

TSE traders seem to be wondering whether…

The Central bank of Iran continues its trend to devalue the rial's official exchange rate while it seeks to strengthen its market rate. CBI's target is to return the country's exchange rate regime…

A deputy governor of the Central Bank of Iran said six banks that defied the regulations of Money and Credit Council have been fined so far, one of which has been made to pay 800 billion rials ($…