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.
December 17, 2018 19:00
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December 17,2018Central bank data show that total liquidity was 16.93 quadrillion rials ($166.06 billion) on October 22 -- 20.7% higher compared to the same month last year. It also reported a 10.7% rise compared... -
December 17,2018Establishing a supervisory body within the Central Bank of Iran is a significant aspect of the new banking reform bill, says the head of the Majlis Economic Commission. Mohammad Reza Pour-... -
December 17,2018Tehran stocks retreated for the third consecutive day on Monday as base metal and steel shares came under further pressure and the rial strengthened. However as the early day selloff was sending... -
December 16,2018Future contracts were officially launched for the first time on Sunday in the Tehran Stock Exchange on seven tickers. The equity futures were unveiled during a ceremony, attended by senior... -
December 16,2018Iran's steel industry has always played a significant role in global, regional and national economies, brining high revenues for countries and helping build strong economies with sustainable growth... -
December 16,2018Tehran Stock Exchange tumbled into correction territory Sunday as an unimpressive economic picture sparked a retreat by investors and traders hesitant to enter the week with big bets as in the past... -
December 15,2018The National Development Fund of Iran deposited 50 trillion rials ($471 million) with agent banks in the first eight months of the current fiscal that ends next March The amount was given to... -
December 15,2018Stocks lost further ground in thin trading on the Tehran Stock Exchange Saturday with active buying held in check amid a dearth of fresh positive news, both domestic and international. Saturday's... -
December 15,2018The Central Bank of Iran is ready to buy at negotiated rates the foreign currency of exporters whose earnings are blocked in other countries due to the US sanctions, says the CBI deputy chief for... -
December 15,2018Iraq has had the strongest presence in the Third Exports Capabilities Exhibition of Iran, also known as "Iran Expo 2018", with 64 traders and businesspeople attending the event, Iran’s commercial... -
December 14,2018Future contracts (also known as futures) will be launched officially on the Tehran Stock Exchange TSE on Sunday, the TSE director said. Ali Sahraee said such futures are traded internationally in... -
December 14,2018Following the slump in currency rates in Tehran market, the gold coin has also dropped in value in recent weeks to reach the lowest point in the past four months. According to Mohammad Kashti-... -
December 14,2018Major Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per... -
December 14,2018Independence of the Central Bank of Iran lies at the heart of a new set of regulations known as Central Bank Bill, says the head of the Majlis Economic Commission. The bill is part of wider... -
December 14,2018Iran produced 29.64 million tons of iron ore concentrate in the first eight months of the current fiscal year (March 21-Nov. 21), to register a 19% growth compared with last year's corresponding... -
December 12,2018Foreign exchange rates in Tehran were again of the declining order on Wednesday as several factors prompt the rial to pare much of its unprecedented losses since the beginning of the current fiscal... -
December 12,2018Iran exported 4.73 million tons of finished and semi-finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22) to register a 12.65% year-on-year growth,... -
December 12,2018Tehran Stock Exchange's main gauge, TEDPIX, slumped for the second straight day on Wednesday as investors remained cautious given the uncertainty about the commodity and oil prices as well as the... -
December 11,2018Economic experts have commended the monetary and banking measures taken by the Central Bank of Iran to augment transparency and stability in the foreign exchange market, emphasizing that such... -
December 11,2018Tehran stocks closed unchanged, down a negligible 0.41% in a dull Tuesday session and a technical glitch also contributed to the lethargy. Uncertainty about global markets and lack of positive... -
December 11,2018The Iranian rial strengthened sharply on Tuesday, climbing to a near three-month high against the US dollar. With the exchange rate breaking below the psychological level of 110,000, the US dollar... -
December 10,2018The chief of Securities and Exchange Organization – the sole regulator of the capital market – said the market for trading future contracts will be launched before the new year sets in. Shapour... -
December 10,2018Tehran Stock Exchange’s main index TEDPIX gained 24.73 points or 0.01% on Monday to end trading at 166,915.9. About 1.61 billion shares valued at 4.82 trillion rials ($43.08 million) changed... -
December 10,2018The main Iran-China banking channel is functioning after China's Bank of Kunlun resumed services for Iranians on Monday, deputy president of Iran-China Chamber of Commerce and Industries said. ... -
December 09,2018Head of the Security and Exchange Organization -the sole supervisory body in Iran's capital market – said the capital market is ready to open new vistas to finance the housing sector using its own...
