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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May 04,2018South Africa-based multinational mobile telecommunications company MTN faces the risk of... -
May 04,2018Iran is determined to sideline the US dollar in its financial dealings for the past few years and the country’s insurance industry is no exemption, as it has emphasized a shift toward euro both on...
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May 04,2018A radical “sovereign money” plan that would upend Switzerland’s traditional monetary system appears headed for...
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May 04,2018The fate of Iran Air’s post-sanctions contracts with western planemakers depends on European’s reaction to US President Donald Trump’s expected decision to leave the 2016 nuclear deal, an advisor...
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May 04,2018Air France is cutting its Joon subsidiary’s service between Paris and Tehran to the summer...
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May 04,2018The Central Bank of Iran has allowed Tejarat, Parsian and Mellat banks to join their peers Melli and Saman in operating as the authorized lenders of hard currency to importers, outbound tourists...
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May 04,2018Prices for Iranian steel billet and slab exports decreased in the week that ended on May 2, with...
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May 04,2018The inauguration of First Construction Industry Development Exhibition (CIDEX 2018) on May 1 coincided with the launch of the first phase of Iran Mall, an all-Iranian monumental project slated to...
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May 04,2018Uncertainty is in the air these days for Iran’s financial markets, especially stocks. Recent upheavals in the foreign exchange market, coupled with the looming political risks, have all but...
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May 04,2018After an 18-month hiatus, Tourism Bank returned to trading on Iran Fara Bourse on Tuesday, making it the first IFB-listed lender to unfreeze its shares in the current fiscal year (started March 21...
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May 02,2018In market disruptions, one’s loss is usually another’s gain. This was particularly true for the aluminum market in April. Carnage was unleashed on April 6 by the imposition of United States’...
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May 02,2018Capital Intelligence Ratings (CI Ratings), the international credit rating agency, has announced that it has affirmed Iran's Long-Term Foreign and Local Currency Sovereign Ratings at 'BB-' and its...
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May 02,2018Mellat Insurance Company, affiliated with Bank Mellat, has signed a contract with Munich Re, the biggest reinsurance company in the world, based on which the German firm will cover the entire life...
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May 02,2018Producer Price Index for the industrial sector in the four quarters ending March 20, 2018, which marks the end of winter, increased by 15.5% compared with the same period of last year, according to...
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May 02,2018Tehran Stock Exchange’s main index gained 0.04 points on Tuesday compared to the day before to end trade at 93,612.1. About 625 million shares valued at $35.42 million changed hands at TSE for the...
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May 02,2018In Iran, export prices for steel billet remained unchanged in the week that ended April 25, as buying activity slowed.
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May 02,2018The number of permits issued for the construction of residential units both across Iran and in Tehran registered increases during the third quarter of the previous fiscal year to Dec. 21, 2017,...
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May 02,2018Reports suggest that the planned merger of two lenders, namely Mehr Eqtesad Bank and Samen Credit Institution, with Ansar Bank will take place in the coming days. According to ISNA, Samen and Mehr...
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May 02,2018Most Iranian breadwinners are working in the private sector, even though those engaged in the public sector work tend to earn more and are placed in higher income deciles. However, households with...
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April 30,2018A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5. The sale comprises 3.04 billion shares with a base price...
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April 30,2018Producing half of the 550 million square meters per year of the domestic output of tiles and ceramics, Yazd Province is the production hub of these products in Iran, the deputy head of Iran’s Tiles...
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April 30,2018The governor of the Central Bank of Iran has decried analyses linking the recent volatility in the foreign exchange market to past woes besetting the banking system. Valiollah Seif wrote on his...
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April 30,2018Iran Mall, an all-Iranian monumental project slated to be one of the world's top five commercial and cultural complexes and the biggest in the Middle East, is to have its first of the two phases...
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April 30,2018Companies listed on Tehran's equity market had an average free float of slightly over 20% in the last fiscal year (March 2017-18), according to the latest market data released by Securities and...
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April 30,2018Chicken is the most consumed meat in Iran and with a chicken and egg output of over 3 million tons per year, the industry has played an important role in the country’s food security. With a...
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