Stocks finished the second trading day at the Tehran Stock Exchange (TSE) with slight losses as investors fled equities and currencies markets on mounting concerns about a contagion effect from…
Economy
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Recent reports show that car production in Iran has increased this year in spite of falling demand. The auto industry has long been blessed to have state support, and now some critics say that's…
EconomyA row over the intervention of business leaders and banks in the Scottish independence debate has intensified on the final weekend of campaigning.
First Minister Alex Salmond said the Scots…
EconomyIran’s biggest automaker, Iran Khodro, produced 32,809 cars in the fifth Iranian month (July 23-August 22). The number is 65.1% higher than the previous month’s 19,873. The increase applies to…
EconomyIran Privatization Organization has offered 99.99% of the shares of Iran East Iron Ore Company, that is 1.3 million shares in total. The IPO said the bulk would be offered at a base price of 71,…
EconomyIran Mercantile Exchange is planning to establish Project Funds aimed at financing over 2,900 incomplete projects across the country, said a deputy at the exchange.
EconomyStocks slipped from early trading on Saturday, extending their recent drop, as more people seek a safe haven away from the stock market instead of selling off their shares.
According…
EconomyAgricultural Jihad Minister Mahmoud Hojjati on Saturday called for further cooperation with France, saying that the European country has an “advanced” agriculture sector. In a meeting with Head of…
EconomyExport Guarantee Fund of Iran is going to provide export credit facilities with up to 5 trillion rials ($188 million). The fund executives have signed a memorandum of understanding with Sarmayeh…
EconomyRenCap has expressed willingness to enter Iran’s equity market.
The leading Russian investment bank’s top executives have held a meeting with officials at Tehran Stock Exchange with the aim…
EconomyThe idea of totally ending the government’s role in regulating the national economy is a wrong notion, government spokesman Mohammad Baqer Nobakht said Saturday.
EconomyThe Parliament (Majlis) Research Center conducted a survey this week to reveal why the country’s banking system is unable to recover its overdue loans even when there is collateral provided by the…
EconomyAvishan, the second land and structure fund (LSF) founded in Iran, has gone through its Initial Public Offering and its investment units are now tradable in the secondary market.
The LSFs…
EconomyThe Azadi gold coin took a hard hit today, melting to a seven month trough, as Tehran's traders responded to the precious metal's global fall.
The sell off continued well into the Tehran's…
EconomyIran exported $1.078 billion worth of goods to Afghanistan in the first five months of the Iranian year – which started March 21 – said Iran’s commercial attaché to Afghanistan. Cement, steel, and…
EconomyA delegation from the Romania-Iran joint chamber of commerce is on a 4-day visit to Iran. The Romanian delegation will discuss ways to expand trade ties with the Trade Promotion Organization of…
EconomyOnly a 15% of the graduates in Iran have enough job skills to enter the market, said the deputy minister of cooperatives, labor, and social welfare to Mehr news agency. Kourosh Parand said some…
EconomyExperts believe at least $50 billion in investment is needed if the government is going to avoid more frequent blackouts in large cities.
Power authorities face many challenges, especially…
EconomyThe government faces an enormous challenge in providing the housing sector with the required finances to complete the semi-finished and new projects. The sector currently relies financially on…
EconomyPresident’s Chief Adviser Akbar Torkan on Saturday criticized those officials in the previous administration who have not yet handed over state-owned properties, warning them of prosecution if…
EconomyA lawmaker has said the country’s sovereign wealth fund known as the National Development Fund of Iran will probably get far less than its current share from the oil revenue throughout the next…
EconomyThe British currency traded at 51,720 rials on Thursday and is likely to appreciate on Saturday, when the markets open in Tehran.
EconomyCredit Agricole SA, a French lender, is to reach an agreement with US officials, regarding an investigation into the bank’s business with Iran and other sanctioned countries, Bloomberg reported…
EconomyThe Azadi bullion coin nears a six month low following the decline of gold’s spot price in the international spot market, as the strengthening US dollar drives down demand for safe havens.
EconomyDiverse financial derivatives are necessary for making a vibrant stock market. These tools can increase the number of buy and sell orders for each price, thus pushing the market depth higher.…
Economy