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.
February 22, 2020 19:17
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February 22,2020Stagflation in Tehran's housing market is on its way out, at least in some parts of the capital city. Home prices have increased significantly over the past two years. The gap between housing... -
February 22,2020Currency rates jumped against the rial on Saturday in Tehran market amid rising demand and apparently a shortage in supply. The US dollar was traded between 151,000 to 153,000 rials, the highest... -
February 22,2020Placing Iran on the global anti-money laundering watchdog’s list will have mixed results on economic sectors, says the head of the Money and Capital Market Commission of the Iran Chamber of... -
February 22,2020The development of mortgage market is vital, in view of the decline in the purchasing power of Iranians, an economic analyst said. “All economists believe that the interest rate must be lowered.... -
February 22,2020Market indicators in both Tehran Stocks Exchange and over-the-counter market Iran Fara Bourse made a complete U-turn at the start of trading week on Saturday. The main gauge of TSE, TEDPIX, lost... -
February 21,2020Islamic treasury bills held the majority share of funding via the debt market, accounting for 44% of the total during the first ten months (March 21- Jan. 21) of the current fiscal year. It was... -
February 21,2020More than 694,000 checks bounced during the month to January 20 -- up 3.9% compared to the earlier month, according to report on the Central Bank of Iran website. The report said the bad checks... -
February 21,2020Ten companies listed on the Tehran Stock Exchange and Iran Fara Bourse (over-the-counter stock market) will start short selling of shares on Feb.23, CEO of the Securities and Exchange Organization... -
February 21,2020The Iranian Barter Market will see sales of construction materials on credit to real-estate developers introduced by the Ministry of Roads and Urban Development as per the memorandum of... -
February 21,2020Financial Action Task Force, the global anti-money laundering watchdog on Friday put Iran on its blacklist after Tehran failed to comply with international anti-terrorism funding norms. -
February 19,2020The Majlis Economic Commission on Wednesday approved the provisions of a monetary bill based on which four zeros will be shaved off the national currency. As per the proposed ‘Reforming Monetary... -
February 19,2020The total time deposits in the banking system reached 2,796 trillion rials ($19.8 billion) by Dec 21, registering 24.2% growth compared to the same period in 2018. Central Bank of Iran data... -
February 19,2020The first stage of the government-sponsored housing development project, known as “National Housing Initiative”, has seen the enrollment of 240,000 applicants, of whom 58% have been found to be... -
February 19,2020At an initial public offering hosted by the Tehran Stock Exchange on Wednesday, 10% of the shares of Padideh Shimi Gharn Company (producer of detergents and sanitary products) were bought. -
February 19,2020Tehran stocks closed trading week more than 1.4% higher on Wednesday, leaving behind a short-lived correction phase one day earlier. Stocks rallied amid growing enthusiasm for small stocks and... -
February 18,2020Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend. The US dollar was worth 14,440... -
February 18,2020Investors making the rounds in the Tehran stock market can run the risk of supply crunch in the absence of efforts to list more companies, head of Securities and Exchange Brokers Association said... -
February 18,2020After four consecutive rallies, Tehran stocks fell on Tuesday amid a widespread sell-off in a number of large-cap commodity companies. The main gauge of Tehran Stock Exchange, TEDPIX, closed... -
February 17,2020Municipalities in big cities issued a total of 49 trillion rials ($355 million) in participatory bonds during the first nine months (March 20-Dec 21) of current fiscal year. According to a... -
February 17,2020A CBI report shows that more than half of the loans given by Iranian banks and credit institutions were in the form of civil partnership and installment sale contracts. According to the report... -
February 17,2020The main index of Tehran Stock Exchange, TEDPIX, gained 4,062.86 points, or 0.86%, on Monday to end trading at 476,812.8. About 6.40 billion shares valued at 42.8 trillion rials ($310.19 million)... -
February 16,2020Price of the US dollar reached 141,300 rials in Tehran’s open market on Sunday, the highest in the past nine months. The greenback started the ascending order in the past few weeks due mainly to... -
February 16,2020Nonoperational since 2014, Tose’e Insurance Company says it will return to the market in the coming fiscal year that starts in March. Speaking to reporters, Saeed Afshari, the company's CEO, said... -
February 16,2020The Financial Action Task Force commenced a week of meetings on Sunday to discuss major issues regarding money-laundering across continents. The global watchdog announced on its website the FATF... -
February 16,2020The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels, in the capital city Tehran during the third quarter of the current Iranian year (Sept. 23-...
