The Iran Fara Bourse benchmark gained on petrochemicals and refining companies, and rose 9 points or 1.21 percent to stand at 738.51 on Wednesday trading, IFB public relations reported.
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Economy
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Economy
A variety of goods were listed on the Iran Mercantile exchange trading floors in a bustling trading day on Wednesday.
Economy
New measures approved by the Securities and Exchange Organization (SEO) to improve transparency might not be enough.
Economy
Petrochemical and refining companies outperformed at Wednesday close to boost the Tehran Stock Exchange’s overall index.
Economy
Deputy minister of industry, mine, and trade, Mehdi Karbasian, says multinational mining firms from 15 countries have offered to invest in Iran's mining and mineral industries, Mehr news agency…
Economy
The Angouran Lead and Zinc Complex exported 62,055 metric tons of ore to processing facilities in the first month of the Iranian calendar year; indicating 41% growth compared to the similar period…
Economy
Tehran will be hosting an international mining conference on May 31, announced deputy industry minister, Mehdi Karbasian on Wednesday. The 2-day ‘Iran Mines and Mining Industries Summit’ will be…
Economy
Officials from the Central Bank of Iran and the ministry of economy met on Wednesday with the CEOs of several commercial banks in Tehran to discuss banking reforms. The meeting, held in the…
Economy
A deputy manager of Moallem Insurance Company has rejected an allegation that his firm has failed to meet its commitments in covering losses for pensioners and recipients of life and retirement…
Economy
In a bid to boost business, commercial banks in Iran have been urged to increases the number of loans going to small and medium-sized enterprises (SMEs), said Ali Asghar Mir Mohammad Sadeghi,…
Economy
As nuclear talks between Iran and six world powers (P5+1) approach the final lap, Iran is preparing to restore banking links with the rest of the world after years of separation, but the process…
Economy
Gold coins rebounded from six-week lows on Wednesday, bolstered by dollar's gains in Ferdowsi Street – the center of currency trading in Tehran – and increased demand for the precious metal, while…
Economy
The 22nd International Agricultural Trade Fair entitled “Agro-Food 2015 Exhibition” will be held at Tehran International Permanent Fairgrounds on May 26-29, IRNA reported.
Economy
According to data released by the Islamic Republic of Iran Customs Administration (IRICA), about 3,000 metric tons of meat worth $12 million was imported in the first month of the current Iranian…
Economy
The oversupply in the chicken egg market over the past Iranian calendar year (ended March 20), inflicted heavy losses on the producers and they are now on the verge of bankruptcy, Eghtesad-News…
Economy
The horse industry is regarded as a million-dollar industry throughout the world and in Iran too; however growth is hampered by a number of factors, among them equine imports from neighboring…
Economy
Iran and Poland are exploring avenues for stronger railway cooperation, with the Polish side showing enthusiasm to share with Iran its latest technological achievements.
Economy
Iran will protect its domestic market and the manufacturing sector once the western sanctions – imposed against Tehran over its nuclear energy program – are lifted, First Vice President Es’haq…
Economy
Iraq’s Minister of Industry and Minerals, Nasser al-Issawi, called for more investment by the Iranian companies in different sectors of the Iraqi economy, saying Baghdad will provide the investors…
Economy
Pars Khodro, one of Iran’s major auto manufacturers, has started the trial production of Renault Sandero, ISNA reported on Wednesday.
According the company CEO, Nasser Aghamohammadi, the…
Economy
The auto loan ceiling in Iran has been raised to 150 million rials ($4,450 at market exchange rate) following the recent approval by the Money and Credit Council (MCC), with the Central Bank of…
Economy
General Motors has cut vehicle prices in China after sales fell last month in the world’s largest automotive market, Reuters reported on Wednesday. The No. 1 US car maker’s joint venture with SAIC…
Economy
UK’s High Court has ruled that a $4 billion damages trial brought by Iran’s Bank Mellat against the Treasury should proceed after it rejected the UK government’s attempt to delay the hearing, the…
Economy
Close to nine billion dollars was raised through Iran's capital markets in the year ending March 21, 2015.
Economy
Legal experts have welcomed the establishment of specialized courts to tackle financial cases, saying a vacuum had been felt in this regard in the judicial system over the years.
Tehran’s…
Economy
