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.
January 25, 2021 15:02
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January 25,2021The state-owned Bank Sepah, with which five military banks merged recently, may face difficulty maintaining its balance sheet, CEO of the bank said. Discussing the "complex" merger process with... -
January 25,2021A sharp rally in the early hours of stock trade on Sunday gave way to sell-off in most ticker symbols as investors rushed to sell and save past gains. The main index of Tehran Stock Exchange,... -
January 25,2021The Central Bank of Iran has instructed lenders to channel more resources into investment funds. The new directive is backed by an earlier decision by the High Council of Securities and Exchange...
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January 23,2021The capital market has increased funding the economy both in the public and private sectors, in particular in the first three quarters of current fiscal year (March- Dec 2020). Data compiled by... -
January 23,2021With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said. "Cryptocurrency worth $9.7 billion is mined annually across... -
January 23,2021The stock market showed some sign of recovery at the start of trading week on Saturday as share prices of majority of listed companies soared for the second day. The benchmark of Tehran Stock... -
January 22,2021Owners of the so-called Justice Shares sold 8 billion shares worth 136 trillion rials ($600 million) since the ban on the trade was lifted last May.
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January 22,2021After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials on Thursday gaining 4... -
January 22,2021Insurance companies reported 18% decline in medical insurance premium in the first eight months of the current fiscal year (March-November).
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January 22,2021Commodities weighing 2.89 million tons worth 338 trillion rials ($1.5 billion) were traded at the Iran Mercantile Exchange in the last Iranian month (Dec.21-Jan.19). The deals grew 5% in volume... -
January 22,2021The Majlis Joint Commission has decided to raise the ceiling for marriage loans to newlyweds in the next fiscal year that begins in March. -
January 20,2021Extending a rally from the previous session, foreign exchange rates in Iran regained momentum on Wednesday. The dollar climbed more than 3.5% in Tehran's open market to close at 228,000 rials. It... -
January 20,2021Investors heaved a sigh of relief on the last day of trading week Wednesday as share prices in Tehran picked up following steep declines in five consecutive rallies. The main gauge of Tehran... -
January 19,2021The main index of Tehran Stock Exchange, TEDPIX, closed slightly above the flatline on Tuesday after deep losses in the past sessions. The benchmark was up 400 points or 0.03% to end trading at 1...
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January 19,2021The Economy Minister Farhad Dejpasand placed responsibility for the deep downturn in the share market on other administrative bodies, namely the Industries Ministry and Central Bank of Iran. ...
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January 19,2021The managing director of Securities and Exchange Organization Hassan Ghalibaf-Asl submitted his resignation to the economy minister. -
January 19,2021South Korean banks wary of US sanctions are holding tight to billions of dollars in Iranian money, apparently unwilling or unable to budge before Joe Biden assumes office as the next president of... -
January 19,2021The dollar declined in the early hours of trade in Iran on Tuesday but later gained some ground against the rial. Trade commenced with the greenback as low as 210,000 rials in the first few hours... -
January 19,2021Foreign currency prices continued to fall against the rial on Monday across Iran as panic selling took on new momentum. The US dollar plunged to 215,000 rials, losing 13,000 rials or 6% in one... -
January 19,2021Share prices in Tehran took a new drubbing Monday as the bruising sell-off continued extending the long streak of losses in five sessions in a row. The main index of Tehran Stock Exchange, TEDPIX...
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January 19,2021The Central Bank of Iran blamed European governments’ party to the landmark 2015 Iran nuclear deal for the failure of the EU trade mechanism known as the Instrument in Support of Trade Exchange (... -
January 19,2021Data released by the Central Bank of Iran show total loans given by banks outpaced deposits in the month to October 21. Inclination of banks to lend is shown in the subtle, but steady, increase in... -
January 17,2021Following plans to streamline the underperforming tax regime, the Central Bank of Iran has announced new restrictions on the use of point-of-sale (POS) terminals. Up until last week 120,000 POS... -
January 18,2021Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages across the country... -
January 17,2021Forex and gold prices plunged in Tehran in the past three days amid optimism about a stronger rial in the coming weeks. The dollar plunged to five-month lows on Saturday fetching 229,000 rials –...
