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 23, 2019 18:54
-
January 23,2019Gold prices are rallying again in Iran’s market, buckling the bearish trend in global markets. The benchmark Bahar Azadi gold coin in Tehran crossed 41 million rials ($357) on Wednesday which marks... -
January 22,2019The government will issue 20 trillion rials ($172.4 million) in treasury bills to settle its debt to cooperatives and private companies. According to the 2019-20 budget bill, the amount pertains... -
January 22,2019Spokesman of the Majlis Joint Commission said Tuesday that the government has been allowed to issue Islamic bonds up to 290 trillion rials ($2.5 billion) in rials and foreign exchange for the next... -
January 22,2019A survey of businesses conducted by Tehran Chamber of Commerce, Industries Mines and Agriculture sought the opinion of businesses, in particular about the main challenges they face. The survey... -
January 21,2019In light of the new round of US sanctions, there is speculation that authorities in Tehran may seek to circumvent the hostile economic restrictions with the help of blockchain and other financial... -
January 21,2019The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits increased across all Iranian cities during the second quarter of... -
January 21,2019Governor of the Central Bank of Iran said at the weekend Japan has resumed importing Iranian oil after China, South Korea, India and Turkey. Abolnaser Hemmati used Instagram to assure the public... -
January 21,2019The Housing Savings Account scheme, the mortgage loan program of the government-owned Bank Maskan, once acted as a stimulus for the housing sector, but not anymore. The HSA initiative was... -
January 21,2019Tehran Stock Exchange's main gauge fell sharply on Monday as a selloff in auto and bank shares spread across the board. The decline caused a broad rout in refinery and petrochemical stocks. The... -
January 20,2019Iran's minister of industries, mining and trade announced new concessions to exporters and promised closer cooperation to help resolve pending issues outlined in the long list of demand of... -
January 20,2019The Majlis Research Center has a positive opinion about the government decision to launch the Open Market Operation enshrined in the next fiscal that starts in March, calling the move “a critical... -
January 20,2019With lawmakers insisting on their own version of anti-terror finance (known as CFT) bill, the legislation on Sunday was sent to the arbitration Expediency Council for a final decision The outcome... -
January 19,2019In an analytical report on the performance of sectors enshrined in the framework of the Sixth Five-Year Economic Development Plan, the Plan and Budget Organization has looked at the performance of... -
January 19,2019Tehran's main stock market closed higher on Saturday buoyed by rising oil prices and renewed appeal toward auto and bank shares. The rise in refinery and petrochemical stocks helped the main index... -
January 19,2019A meeting of the Expediency Council on joining the UN Convention on Transnational Crime (Palermo bill) ended without conclusion on Saturday, leaving the fate of the controversial bill unknown until... -
January 18,2019Central Bank of Iran has introduced a mechanism since November that allows payments among administrative bodies to be transferred electronically instead of checks. According to the CBI website,... -
January 18,2019As the Central Bank of Iran struggles to stabilize the foreign exchange market – a colossal task that has long exacted energy and focus of the regulator – some argue that the CBI’s disproportionate... -
January 18,2019The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of essential goods to ensure importers fulfill their commitments for which they acquired foreign... -
January 16,2019The Security and Exchange Organization is working on a RFP (request for proposal) to launch a new comprehensive and intelligent anti money laundering mechanism that will help relevant authorities... -
January 16,2019The Ministry of Roads and Urban Development is finalizing a plan for selling construction materials to major home builders on credit. "The plan will be carried out in cooperation with Bank Maskan... -
January 16,2019A Majlis Joint Commission spokesperson said lawmakers have approved part of the government budget bill that allows the Oil Ministry to issue up to $3 billion in Islamic bonds in the next fiscal... -
January 15,2019Tehran Stock Exchange’s main index TEDPIX gained 749.14 points or 0.45% on Monday to end trading at 165,445.5. More than 2 billion shares valued at 5.3 trillion rials ($64.92 million) changed... -
January 15,2019In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming regulated forex market on Monday, details of the mechanisms of the new market were... -
January 15,2019As Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by European powers, some businesses fear that the trade mechanism may after all fail... -
January 14,2019The Export Guarantee Fund of Iran, a state-owned export credit agency, issued $1.7 billion worth of guarantees for exporters of non-oil goods in the first nine months of current fiscal that ends in...
