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.
July 21, 2023 18:51
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June 12,2018The number of bank branches per capita increased by 42% over the 15-year period in the Iranian year ending March 20, 2017, according to the latest figures published by the Statistical Center of... -
June 12,2018A total of 7.7 million tons of iron ore concentrate were produced in Iran during the first two months of the current fiscal year (March 21-May 21), to register a 27% growth compared with last year’...
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June 11,2018The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website.
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June 11,2018Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO. Yazdizadeh...
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June 11,2018The share of Iranian young people (ages 15-24) who were not in employment, education or training (NEETs, for short) fell from 38.3% in the fiscal 2011-12 to 36.2% in 2016-17, according to a report...
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June 11,2018The European Union is taking steps to protect EU companies investing in Iran from...
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June 11,2018Chief executives of some of Iran's biggest banks have met with the newly-elected mayor of Tehran, Mohammad Ali Afshani, to reach agreement on reclaiming billions of dollars in liabilities owed by...
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June 11,2018During President Hassan Rouhani's visit to China, the two countries signed several agreements to boost trade and financial ties, including an agreement to use their respective currencies. ...
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June 11,2018The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a...
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June 11,2018Tehran Stock Exchange’s main index lost 68.38 points or 0.07% on Monday to end trading at 95,847.5. About 1.06 billion shares valued at $53.59 million changed hands at TSE for the day. Trading at...
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June 10,2018In spite of all efforts to boost economic ties with Qatar, Iran’s only active bank in the Arab nation, Bank Saderat, is still facing serious hurdles, according to its chief executive. “We have...
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June 10,2018Tehran Stock Exchange’s main index lost 161.11 points or 0.17% on Sunday to end trading at 95,916. About 821 million shares valued at $53.27 million changed hands at TSE for the day. Trading at...
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June 10,2018Major Iranian copper producers produced 107,795 tons of copper concentrate during the first month of the current fiscal year, Farvardin (March 21-April 20), which indicates a 15% growth compared...
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June 10,2018Members of Iran's Parliament during Sunday's open session voted to postpone for two months the review process of the government-proposed bill aimed at joining the United Nation's International...
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June 10,2018In a directive on Saturday, the Central Bank of Iran authorized foreign currency transfers (through the hawala system operated via the Integrated Forex Deals System) of up to €5 million or its...
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June 10,2018Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director of...
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June 10,2018Since the early 2000s, growth in Iran has been insufficient to improve real GDP per capita incomes.
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June 10,2018Gold coins kept rallying nationwide on Sunday, taking its lead from Tehran's market, in signs that investors are showing renewed interest in the safe haven asset. The rally, which took off on the...
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June 09,2018The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the currency...
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June 09,2018Tehran Stock Exchange’s main index gained 78.34 points or 0.08% on Saturday to end trading at 96,077.1. About 955 million shares valued at $49.29 million changed hands at TSE for the day. Trading...
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June 09,2018Iran’s major aluminum companies produced 60,947 tons of aluminum products during the first two months of the current fiscal year (March 21-May 21), which indicates a 9.7% increase compared with...
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June 09,2018The 25th International Exhibition of Agricultural Industries, Food, Machinery and Related Industries, also known as ‘Agrofood 2018’ has been scheduled to open on June 29 at Tehran’s International...
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June 09,2018The volume of foreign investments attracted during the previous fiscal year (ended March 20, 2018) registered a notable increase compared with the previous year, the head of the Organization for...
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June 09,2018Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the US...
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June 09,2018Iranian Mines and Mining Industries Development and Renovation Organization recently signed a deal with two Iranian firms to develop the second phase of Zarshouran Gold Mine in northwestern Iran....
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