Ride-hailing startup Grab has secured a $370 million five-year asset-backed syndicated facility from HSBC Singapore, said to boost the financing of the homegrown company’s vehicle fleet growth…
Economy
- Economy
Audi CEO Rupert Stadler was arrested in Munich on Monday in connection with the diesel-cheating scandal, making him the highest-profile target in the probe that has engulfed the carmaker and…
EconomyTehran ranked 94th in the Global Cities Index from among the list of 135 metropolitan cities under study in the A.T. Kearney 2018 Global Cities report, which shows an improvement of 4 notches…
EconomyDeputy Agriculture Minister Morteza Rezaei said standardizing the age and weight of broiler chickens produced in Iranian poultry farms is inevitable and highly important to have a bigger share…
EconomyIran has a share of 5% in global sheepskin exports and a 1% share in cowhide exports, the chairman of Iran Tanners Association said.
Ali Hassanzadeh added that Iran has an output of 22…
EconomyPrices of paper used by publications (books, newspapers, magazines, etc.) have grown by 100% over the past year due to fluctuations in foreign exchange rates, the head of Paper and Cardboard…
EconomyPlans are underway to update and implement new rules and regulations regarding different aspects of Iranian airports, based on the European Aviation Safety Agency's protocols.
EconomyMore than 1.32 million tons of field corn worth over $296 million were imported into Iran during the first two months of the current Iranian year (March 21-May 21) to register a 2.6% and 6.1%…
EconomySince the 12th Iranian government took office in August 2017, issuing debt securities in unregulated markets has been banned and all debt securities must be issued within disciplined, regulated…
EconomyThe 10th meeting of “Iran’s Export Capacities” with a focus on expanding trade ties with Thailand and identifying import demands in the southeast Asian country is scheduled to be held at Tehran…
EconomyThe Securities and Exchange Organization has given the go-ahead to Iran Fara Bourse to increase its capital by 300 billion rials ($7.14 million), according to an official SEO statement released…
EconomyA lawmaker called for the establishment of specialized banks tasked with facilitating entrepreneurial development. The banking sector has long been grappling under President Hassan Rouhani with…
EconomyBank Saderat Iran, which boasts the most expansive overseas presence among the more than 30 Iranian banks and credit institutions, has recently been connected to TARGET2, its chief executive…
EconomyDespite several schemes by the Central Bank of Iran to satisfy the supply side, the gold coin rally has come a long way since the early days of the current fiscal year (started March 21).…
EconomyBulls are on parade in Tehran's equity market, and they are not backing down. They followed up on the previous trading day's record-breaking gain by soaring even higher on Sunday.
EconomyPraising venture capital funds, Iran's Vice President for Science and Technology believes that old-school means of financing are of no use to startups, as the creative and dynamic nature of such…
EconomyAs data-sharing scandals continue to mount, a new proposal in California offers a potential solution: the California Consumer Privacy Act would require companies to disclose the types of…
EconomyNintendo has been red hot for the past few years, but investors have started to "Switch" away from the stock. Shares of Nintendo have plunged 16% so far in June. It is a curious drop. The video…
EconomyThe Central Bank of Iran is preparing the gold market to issue bond certificates for the pre-purchase of gold coins in the capital market, the secretary-general of the monetary regulator has…
EconomyCapital Intelligence, the international credit rating agency, has released its key report on the Iranian insurance market, reviewing the latest development in the wake of the US unilateral move…
EconomyThe government will invest $10.66 billion on the renovation and replacement of decrepit intra- and inter-city transportation fleet. The relevant directive has been communicated to the Ministry…
EconomyTehran stocks had one of their best weeks to date with spiking growth in every single index, all due to a meteoric rise in Wednesday trade.
EconomyTransparency seems to be returning to Iran's capital market, as Securities and Exchange Organization's latest data show.
From the investors' perspective, the Iranian capital market had a…
EconomyAsian economies are even more exposed than it seems to the economic impact of the US withdrawal from the multilateral nuclear agreement with Iran.
EconomyThe export price for steel billet from Iran picked up in the seven days that ended on June 13, with new bookings reported at higher prices.
Metal Bulletin’s weekly price assessment for…
Economy

