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.

  • Liquidity Trend Bodes Ill for Bank Lending
    A look at the balance sheets of Iranian banks and credit institutions shows that their capacity to create money and allocate credit has been significantly influenced by the current state of...
  • Stocks Return From Holidays With Strong Gains
    Tehran Stock Exchange’s main index gained 3,209.53 points or 2.04% on Saturday to end trading at 160,538.2. About 4.62 billion shares valued at $118.10 million changed hands at TSE for the day....
  • Cement Production Tops 24m Tons in 5 Months
    Iran produced 24.08 million tons of cement during the first five months of the current fiscal year (March 21-Aug. 22). “This registers an increase of over 244,000 tons compared with last year’s...
  • UK Firm: Progress Made With Iran Airport Contract
    UK-based security solutions supplier Westminster Group said it had made significant progress with...
  • Home Loans Surge by 19%
    Latest figures disclosed by Bank Maskan, the agent bank of Iran’s housing sector, indicate that the lender has upped the volume of its loans, as the housing market, especially the one in the...
  • Support for  Forex Measures
    The head of Competition Council welcomed efforts made by the Central Bank of Iran to stabilize the currency market, saying CBI has taken positive measures to improve the conditions under the...
  • Graduate Unemployment at 19.4%
    The average unemployment rate for university graduates stood at 19.4% in the last fiscal year (March 2017-18), registering a decline of 0.6% compared with the year before, according to a new report...
  • The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
    Since the beginning of the fiscal 2018-19, the Iranian rial has, as economists say, “gone through...  
  • Arrest Over Afghan Forex Smuggling
    A man has been arrested for smuggling $38,000 from Afghanistan to Iran, an Afghan official said on Tuesday. The cash was being carried to the neighboring country in a cement truck, said Jelani...
  • Copper Concentrate Output Sees 12% Growth
    Major Iranian copper producers produced 488,859 tons of copper concentrate during the first five months of the current fiscal year (March 21-Aug. 22), which indicates a 12% growth compared with...
  • TEDPIX Loses Gains
    Tehran Stock Exchange’s main index lost 157,328.7 points or 0.47% on Tuesday to end trading in last week at 157,328.7. About 3.61 billion shares valued at $81.86 million changed hands at TSE for...
  • Housing Uptrend Continues
    Iran's housing and construction sector registered a fourth consecutive positive growth rate during the quarter to June 21, the latest figures disclosed by the Central Bank of Iran show. According...
  • ESCO Produces UIC60 Rails for First Time
    Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said. “We were totally reliant on...
  • Causes of Internal Migration
    Looking for a job and finding better employment were the main reasons behind internal migration in Iran in the last Iranian year (ended March 20, 2018) after “following family’s decision”. The...
  • Crypto Trading Continues to Decline Since CBI Ban
    Cryptocurrency transactions in Iran have significantly declined since April when a blanket ban came into effect.  As Sepehr Mohammadi, chairman of the Blockchain Association of Iran, pointed out...
  • Iran and the Eurasian Economic Union signed a three-year provisional agreement on May 17 for the bloc to welcome Iran into the EEU Free Trade Zone.
    The Eurasian Economic Commission Council approved the roadmap to implement the interim agreement...
  • 3 CBI Officials  to Leave
    Following the recent passage of the law banning the employment of retired people in state bodies, three deputies at the Central Bank of Iran are set to leave. According to Boursepress.com, these...
  • Disaster Assistance for Farmers
    Farmers who have incurred losses from natural disasters during the Sept. 2017-18 harvest season will enjoy a three-year break in paying back their loans to banks. The Central Bank of Iran ratified...
  • Iran’s Shadow Economy in the Spotlight
    According to IMF’s latest report on “Shadow Economies Around the World: What Did We Learn...
  • 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...
  • CBA Concerned About Forex Outflow to Iran
    The Central Bank of Afghanistan raised concerns about the increasing smuggling of US dollars to neighboring countries, especially Iran, from Afghanistan and warned that this could further impact...
  • Mineral Trade Surplus Hits $2.9b
    Iran exported more than 25.47 million tons of mineral products worth over $4.41 billion during the first five months of the current fiscal year (March 21-Aug. 22), down 9.2% in tonnage and up 12%...
  • TEDPIX Ends Mon. Trade Higher
    Tehran Stock Exchange’s main index gained 2,361.71 points or 1.52% on Monday to end trading at 158,071.9. About 4.65 billion shares valued at $95.30 million changed hands at TSE for the day....
  • Copper Concentrate Exports Exceed $115m
    Iran exported 117,103 tons of copper concentrates worth $115.43 million during the first five months of the current fiscal year (March 21-Aug. 22). This was announced in the Islamic Republic of...
  • IRICA Bans Export of Seven More Products
    The Islamic Republic of Iran Customs Administration has banned the export of notebooks, unprocessed and refined sugar, packaging sacks, derivative powders from milk and whey, casein, light and...

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