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.
November 14, 2018 21:11
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October 03,2018Iran traded 257,483 tons of non-oil commodities worth $153.97 million with Turkmenistan during the first five months of the current fiscal year (March 21-Aug. 22). This marks a 37.8% and 14.75%...
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October 02,2018A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure on... -
October 02,2018Non-ferrous metals and mining industries in Iran have remained relatively underrated, considering their notable share of non-oil exports—a major focus for the country, especially in view of the... -
October 02,2018Stocks lost ground on the Tehran Stock Exchange in a correction phase to cool down recent market overheating, with the benchmark TEDPIX falling for after nine straight positive sessions. The... -
October 02,2018Iran's housing and construction sector has received about 2.09 quadrillion rials (over €14b) worth of loans during the past three decades, according to the state-run agent bank of the sector. The... -
October 02,2018The Iranian rial continued its rally on Tuesday after weeks of depreciation had sent it to a series of record low. New gains for the national currency came unexpectedly as people rushed to exchange... -
October 01,2018Kish, a 91-square-kilometer island in the Persian Gulf off the southern coast of Iran, will be hosting 12 national and international exhibitions by the end of the current fiscal year on March 20,... -
October 01,2018Close to 5.82 million tons of cement and clinker were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22), showing a 17.3% rise compared with the... -
October 01,2018Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer. According to an... -
October 01,2018The rial on Monday pared more of its losses in the open foreign exchange market and was traded at around 154,830 to the US dollar. According to the Tehran Gold and Jewelry Union's website, the... -
October 01,2018Close to 180,000 tons of cotton bolls are estimated to be produced in Iran by the end of the current Iranian year (March 20, 2019), from which around 60,000 tons of carded cotton will be extracted... -
October 01,2018Aluminum production by Iran’s major producers reached 151,691 tons during the five-month period (March 21-Aug. 22), registering a growth of 10% compared with the same period of 2017, the Iranian... -
October 01,2018Tehran Stock Exchange’s main index gained 376.16 points or 0.19% on Monday to end trading at 195,480.2. About 6.07 billion shares valued at $132.04 million changed hands at TSE for the day.... -
September 30,2018Tehran’s main stock gauge closed in the black on Sunday to post another all-time high as the deluge of liquidity from small investors keeps propping up the already overheated market. A series of... -
September 30,2018In the wake of the government authorization to the Central Bank of Iran to intervene in the foreign exchange market, the head of Majlis Economic Affairs Commission Mohammad Reza Pour-Ebrahimi said... -
September 30,2018Plans are underway for eleven agent banks to sell foreign currency to non-commercial, everyday purposes as part of a new mechanism to reform the volatile currency market, says Mehdi Kasraei-Pour,... -
September 30,2018While many provinces registered declining home deals and rising prices during the first quarter of the current fiscal year that ended on June 21, others showed a vastly different trajectory.... -
September 29,2018As if the bull run is not about to relent any time soon, Tehran stocks continued their rally on Saturday as a surge of liquidity gravitates toward the equity market. While the stock market growth... -
September 29,2018Lawmakers will deliver their final view Sunday on a government bill allowing Iran to join the international Convention for Combating Financing of Terrorism, said the Majlis National Security and... -
September 29,2018The government on Saturday authorized the central bank to intervene in the foreign exchange market to prop the rial after the currency fell to record lows in recent weeks against major currencies... -
September 29,2018Home prices in Tehran soared while the number of property deals significantly declined during the sixth month of the current Iranian year that ended on Aug. 22, the Central Bank of Iran announced... -
September 28,2018The value of foreign currency accounts in local banks has exceeded $10 million, following increasing public interest in such accounts, the Central Bank of Iran reported on Thursday. Annual... -
September 28,2018The total volume of loans allocated to Iran's housing and construction sector by banks and credit institutions during the first five months of the current fiscal year that ended on Aug. 22 jumped... -
September 28,2018Iran stock market has had a stellar performance in the first half of the current financial year that began in March. The flow of liquidity from small investors struggling to persevere their assets... -
September 28,2018Top officials of the Ministry of Roads and Urban Development and Tehran Municipality convened on Tuesday and approved measures for expansion of a revitalization program to areas surrounding the...
