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.
September 22, 2020 21:56
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September 22,2020Stock yields were higher than other markets in the first half of the Iranian fiscal year (March-Sep. 2020). TEDPIX, Tehran Stock Exchange's main index shot up 211% during the period. Half Bahar... -
September 22,2020The Central Insurance company of Iran, the regulatory body of the market, has warned agents against receiving insurance premium stressing that premiums must be paid directly to the insurance... -
September 22,2020Tehran Stock Exchange’s primary index, TEDPIX, slipped 13,954.47 points, or 0.87%, to close Tuesday trade at 1,581,206.28. Losses sustained by auto companies, refineries and energy firms were the... -
September 21,2020After rising a session earlier, the US dollar lost momentum on Monday and stayed unchanged apparently after political tensions impacting investor sentiments eased. The greenback was worth 272,500... -
September 21,2020The Trade Promotion Organization of Iran will suspend commercial ID cards of 350 exporters who repatriated less than 70% of their earnings, the TPO head said. Last month, the TPO gave exporters... -
September 21,2020The main index of Tehran Stock Exchange, TEDPIX, fell below the supportive level of 1.6 million points losing more than 57,000 points on Monday, extending a losing streak into the third day. ... -
September 21,2020Three thermal power plants are to sell their electricity to authorized cryptocurrency miners in Iran, the managing director of Thermal Power Plant Holding Company, affiliated to Energy Ministry,... -
September 21,2020More than 5.45 million investors took part in the listing of Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran. The listing process commenced after the regular...
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September 20,2020About 1,000 estates owned by the government are on the divestiture list by the time the current fiscal is out next March, an official with the Economy Ministry said. -
September 20,2020A recent study conducted by Pulse Ware Company and University of Tehran academics shows that costs of circulating banknotes is still lower than the electronic payment fees, despite claims to the... -
September 20,2020After a brief lull, currency rates again rallied against the rial on Sunday. The dollar was quoted at 273,000 rials in Tehran’s open market, up 7,000 rials, or 2%. Keeping pace with the upsurge,... -
September 20,2020Tehran’s share market saw a bruising sell-off on Sunday pulling down the main market indicators as political concerns weighed on investor sentiment. The main index of Tehran Stock Exchange,... -
September 20,2020The Export Guarantee Fund of Iran, the main export credit agency, says it doubled credit and insurance services to exporters in the first five months of the current fiscal year (March 20- August 21... -
September 20,2020More than 206,000 credit cards were used in the fifth month of the Iranian fiscal year that started in March -- a growth of 8.3% compared with the month before. Despite the increase in the number... -
September 20,2020The rising tide of foreign currency rates against the rial paused on Saturday after soaring to record highs last week. The slide extended to the bullion market. A dollar was quoted 266,000 rials... -
September 20,2020Tehran stock market closed the first weekly session on Saturday slightly lower amid a sell-off of major refinery shares. The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,602 points to drop... -
September 18,2020Goods worth 243.4 trillion rials ($960 million) were traded at Iran Mercantile Exchange during the month to Sept 13. Companies traded 2.41 million tons of goods during the month to register growth... -
September 18,2020Statistical Center of Iran has published its latest report on home and land prices as well as rents in Iran's urban areas during the first quarter of the current fiscal year (March 20-June 20), the... -
September 18,2020Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said. “The... -
September 18,2020Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran, plans to offer on Sunday 20% of its shares in Iran Fara Bourse, the junior equity market. The offer includes 6... -
September 18,2020A former capital market official has recommended authorities in charge not to waste liquidity from the National Development Fund of Iran for investing in penny stocks. In a talk with IRIB news,...
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September 16,2020Tehran’s share market pared earlier losses at the close of trading week on Wednesday as investors, buoyed by supportive measures, repositioned to the buy side. The main index of Tehran Stock... -
September 16,2020The Governor of the Central Bank of Iran Abdolnasser Hemmati reiterated that fluctuations in the foreign exchange market is linked more to external and less to economic factors. In a note posted... -
September 16,2020The government sold 30.8 trillion rials ($120 million) in Islamic bonds via the interbank and stock market during the weekly auction on Tuesday. According to the central bank’s public relations... -
September 16,2020The Iranian Privatization Organization extended the subscription timeline for units of an exchange-traded fund that holds government shares in four refineries. In a press release published on its...
