• Oil & Gas Sector Most Conducive for Business

    The research arm of Iran’s Parliament has conducted a first-of-its-kind domestic investment security study, finding among other things that businesspeople active in the crude oil and natural gas sector have the highest perception of investment security among all sectors.
    The study, published on the official website of Majlis Research Center, is the first evaluation of investment security index in Iran using the opinion of business representatives. It divides its results on the basis of provinces and business sectors, and has been conducted for the final quarter of the previous fiscal year that ended on March 20, 2018.

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.

  • Ways of Regulating Cryptocurrency
    09/04/2018
    The research arm of Iran’s Parliament has dedicated its latest analytical study to virtual currencies, once again calling for calculated and well-assessed regulations to employ them in the economic...
  • Tehran to Host Int’l Beverages Exhibition
    09/04/2018
    The Ninth International Beverages, Coffee and Tea industry Exhibition, also known as IBIE 2018, is scheduled to open at Tehran International Fairground on Wednesday, according to the event’s...
  • MoU With South Korea to Develop SMEs
    09/04/2018
    Director General of Iran Small Industries and Industrial Parks Organization Sadeq Najafi and South Korea’s Deputy Minister of SMEs and Startups Choi Su-gyu signed a memorandum of understanding on...
  • Exhibition of Cooperatives Underway
    09/04/2018
    The Exhibition of Cooperatives opened at Tehran’s Olympic Hotel on Monday in the presence of deputy minister of cooperatives, labor and social welfare, Hamid Kalantari. Some 80 Iranian cooperative...
  • New Appointments at CBI
    09/04/2018
    Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected as...
  • Forex Rally Intensifies
    09/04/2018
    The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies.  According to reports from currency exchange houses and the...
  • Fruit Prices Zoom
    09/04/2018
    Constant changes in the prices of goods and services have become a new normal in the past several months.  Retailers charge you more for the same item you bought as early as yesterday on the...
  • Historic Day for Iranian Fintechs: Six Firms Authorized
    09/03/2018
    Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within CBI’s...
  • Ground Broken on Isfahan Chemical Factory
    09/03/2018
    The construction of a factory producing calcium chloride with an annual production capacity of 30,000 tons and magnesium hydroxide with 5,000 tons began in Khur and Biabanak County of Isfahan...
  • Housing Savings Account Outstrips Deposit Targets
    09/03/2018
    Latest figures from the Housing Savings Account, Iran’s cheapest homeownership initiative, show that it has managed to attract more deposits than it had initially targeted. HSA was supposed to...
  • No Ban on Iranian Tea Exports
    09/03/2018
    Tea exports will be permitted as before and no bans will be imposed on its shipments.  This was notified by director general of exports affairs with the Islamic Republic of Iran Customs...
  • Gold Coin, Forex Markets Heating Up Again
    09/03/2018
    The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday.  The rally was apparently sparked by a speech...
  • TEDPIX Trade Plummets 1.79%
    09/03/2018
    Tehran Stock Exchange’s main index lost 133,676.1 points or 1.79% on Sunday to end trading at 133,676.1. About 2.47 billion shares valued at $69.85 million changed hands at TSE for the day....
  • Permits for New Industrial Units Up 24 Percent
    09/03/2018
    The Ministry of Industries, Mining and Trade issued 6,696 permits for the establishment of new industrial units during the first four months of the current fiscal year (March 21-July 22),...
  • Medicinal Plants Expo Scheduled for November
    09/03/2018
    The Fourth Festival and Exhibition of Medicinal Plants is scheduled to be held at Imam Khomeini Grand Mosalla from Nov. 12-15. This edition of the exhibition is aimed at supporting domestic...
  • Rise in Packaging Cost Pushes Up Egg Prices
    09/03/2018
    Rising production costs and prices of essential goods have now spread to the poultry industry. The price of each tray for 30 eggs has increased by 3,000 rials ($0.02) from 1,000-1,500 rials ($0....
  • Brazil to Allocate $1.2b to Boost Iran Trade
    09/03/2018
    The government of Brazil is to allocate $1.2 billion for maintaining its considerable economic and trade ties with Iran in the face of reinstated US sanctions. According to the Latin American...
  • IRICA Denies Gaining From FX Surcharge on Imports
    09/03/2018
    The Islamic Republic of Iran Customs Administration has denounced claims that it intends to generate revenues by levying foreign exchange rate difference surcharge on imports.  “The policy was...
  • Islamic Banking Confab Wraps Up
    09/03/2018
    The 29th edition of the Islamic Banking Conference came to a close with the release of an official statement on Sunday. Several high-ranking officials, including the Central Bank of Iran Governor...
  • PPI Inflation Uptrending
    09/03/2018
    The average Producer Price Index in the 12 months ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 15.2% compared with last year’s corresponding period, the latest...
  • Support for  Forex Policies
    09/02/2018
    Majlis Economic Commission welcomed the new foreign exchange policies introduced by the government on August 6 and believes that these policies, along with the appointment of the new Central Bank...
  • TEDPIX Ends 1st Day of Trading Week Lower
    09/02/2018
    Tehran Stock Exchange’s main index lost 1,362.67 points or 0.99% on Saturday to end trading at 136,109.7. About 2.99 billion shares valued at $59.22 million changed hands at TSE for the day....
  • Metal Bulletin Suspends Iran Steel Import Price Assessments
    09/02/2018
    London-based specialist international publisher and information provider for the global steel...
  • Nakhlak Lead, Zinc Plant Comes Back on Stream
    09/02/2018
    Nakhlak Lead and Zinc Plant officially came back on stream, adding 4,000 tons to Iran’s annual lead concentrate capacity, a deputy industries minister announced during a visit to Nakhlak Mineral...
  • Yahya Al-e Es’haq
    09/02/2018
    The US dollar has been completely eliminated from trade deals conducted between Iran and Iraq due to US sanctions and the neighboring countries have shifted toward the euro and national currencies...

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