Iran’s blocked funds in India are shy of all the money raised through Iran’s capital markets in the year ending March 21, 2015, highlighting the significance of the frozen funds and assets.
…Economy
The former head of the Securities and Exchange Organization of Iran, Ali Salehabadi, and the current CEO of the state-owned Export Development Bank, Mohammad Pourzarandi, were appointed as the two…
The recent decline in gold production has reduced the export level of the precious metal, according to the head of Gold and Jewelry Producers and Exporters Union. “The gold export market is not…
The governor of the Central Bank of Iran (CBI), Valiollah Seif, said a revised list of top bank debtors is being prepared to be sent to the judiciary system.
Seif added that banks have been…
Cooperatives account for 99 percent of agricultural activities, as well as 75 percent of agricultural production, Tasnim news agency quoted CEO of Aquatic Farmers Cooperatives Union, Arsalan…
Following his visit to Iran’s southeastern Chabahar Port and Free Trade Zone, Pakistan’s ambassador in Tehran, Noor-Muhammad Jadmani, invited Iranian officials to visit Pakistan’s Gwadar and…
The long drawn-out construction of Tehran-North Freeway, which started 20 years ago, has turned into a major headache for the government.
The freeway, which is to connect Tehran to the…
The preferential tariff agreement (PTA) signed between Iran and Turkey last year drew severe criticism by Iranian experts, arguing that the decision to reduce import tariffs on Turkish products…
Based on the World Economic Forum’s 2015 report, out of 124 countries across the world, Iran ranks 80 in human capital endowment -- the skills and capacities that reside in people and that are put…
The Tehran Stock Exchange overall index wrapped up weekly trade, which ended May 13, in red territory with almost all indices piling up more losses.
Developing modern financial instruments in Iran Mercantile Exchange (IME) could significantly enhance price transparency and increase competitiveness in the iron ore market, an IME report quoted…
Domestic steel manufacturers have been struggling with the double whammy of reduced global iron ore prices and lower demand in the market, ISNA reported on Saturday.
Iran’s equity market will no longer witness Initial Public Offerings (IPOs) except in accordance with the book building process, which aims to fix the highest market price for shares and…
Deputy minister of industry, mine, and trade Mehdi Karbasian has unveiled ten major projects in the mining and mineral industry, which are scheduled to become operational within the current…
Hormozgan Steel Company’s steel slab manufacturing increased by 10% to 1.17 million metric tons over the past Iranian calendar year (ended March 20) compared with the preceding year; IRNA cited…
Google says it is ready to take its fully autonomous prototype vehicle on the road, but the company has yet to apply for the required permit in California, Autonews Europe reported on Saturday.…
General Motors will invest $1 billion to expand and renovate operations at its technical center in the US city of Detroit, Autonews America reports.
The ministry of industry, mine, and trade has denied issuing permits for Chevrolet imports, an official with the automotive sector of the ministry said, Fars news agency reported on Saturday.
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Approximately 5,000 Renault factory workers in Turkey stopped production activities during their shift between 4pm and midnight on Thursday, and have refused to return to work at the factory since…
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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A variety of goods were listed on the Iran Mercantile exchange trading floors in a bustling trading day on Wednesday.
New measures approved by the Securities and Exchange Organization (SEO) to improve transparency might not be enough.
Petrochemical and refining companies outperformed at Wednesday close to boost the Tehran Stock Exchange’s overall index.
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…
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…
