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.
November 28, 2020 12:20
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November 28,2020The Central Bank of Iran last week granted short-term loans worth 33.1 trillion rials ($130 million) to banks in need of liquidity in the interbank market. -
November 27,2020Foreign exchange and gold prices were sluggish in the preceding Iranian week and like other markets stepped back due to the new round of lockdown to curb the spread of the coronavirus. The US... -
November 28,2020In letters to two senior government officials on Thursday, head of Tehran Chamber of Commerce, Industries, Mines and Agriculture called for revising the steel pricing mechanism at the Iran... -
November 27,2020A total of 4,466 homes were sold in the capital during the eighth fiscal month (Oct. 22-Nov. 20), registering a 48.4% decline compared with the preceding month but a 9.9% growth compared with the... -
November 26,2020After weeks of dull trade Iran's debt market saw renewed interest for government bonds. On Tuesday it sold bonds worth 54.7 trillion rials ($210 million) at the weekly auction held by the Central... -
November 26,2020Tehran stocks closed trading week Wednesday higher amid a lukewarm performance of most large-cap shares and rising demand for penny stocks. The main index of Tehran Stock Exchange, TEDPIX, gained... -
November 26,2020The plan to tax transactions via point-of-sale machines is one step closer to realization as the Central Bank of Iran and Iranian National Tax Administration give it the finishing touches. Mehran... -
November 26,2020Following approval by the Majlis and Guardian Council, the long-awaited Natural Disaster Insurance Fund will be established in the next fiscal year. It will cover homes against all natural... -
November 24,2020Currency and gold prices fell again in Tehran on Tuesday. The dollar lost 2.32% or 6,000 rials to reach 252,000 rials on Tuesday in the free market. Bank-affiliated moneychangers priced the... -
November 24,2020Non-performing loans of Iranian banks and credit institutions shot up 27% on annualized basis during the first quarter of the current fiscal year (March 20-June 20) to reach 2,090 trillion rials ($... -
November 24,2020Investors in the Tehran share market approached blue chips and small caps differently on Tuesday. Sell-side pressure pushed the market-weighted benchmark of the Tehran Stock Exchange into negative... -
November 24,2020The Central Bank of Iran says inability of meeting the inflation target it announced earlier is likely but the CBI is doing all it can to achieve the goal, the vice governor for economic affairs... -
November 24,2020Tehran’s share market resumed rally after a brief hiatus a session earlier, but the value of trade dropped significantly amid uncertainty that has been around for several weeks. Toiling under sell... -
November 24,2020Foreign exchange and gold prices posted meager changes Monday amid nationwide restrictions on non-essential businesses to control spread of the Covid-19 plague. -
November 24,2020Iran's Innovation and Prosperity Fund issued 10 trillion rials ($40 million) in guarantees for knowledge-based companies during the first eight months (March 20- Nov. 21) of the current fiscal year... -
November 24,2020The Trade Promotion Organization of Iran is doing all it can to promote barter trade by setting up special internal and international "barter chambers" to connect exporters and importers, the TPO... -
November 23,2020Tehran’s stock market closed in negative territory on Sunday after rallying for seven consecutive sessions. The heavy early sell-side pressure eased in the closing hours. The main index of Tehran... -
November 22,2020The economy minister says the capital market improved its contribution to the economy in the current fiscal year that ends next March. For more than two years the government’s budget has been... -
November 22,2020Currency and gold dropped in Tehran Sunday after a short rally a day earlier when the government launched the first day of a lockdown program to curb the Covid plague. Climbing above 260,000... -
November 22,2020The Securities and Exchange Organization, Iran's stock market regulator, said it has penalized 21 CEOs of listed companies for not abiding by SEO regulations and warnings have been sent to many...
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November 22,2020Tehran’s stock market will host the initial public offer for the country’s second largest Iranian ride-hailing company, Tap30, in the coming weeks. It will be the first of its kind to go public. ... -
November 22,2020A sharp rally in the early hours of stock trade on Saturday gave way to sell-off in majority of ticker symbols as many rushed to sell and save gains. The main index of Tehran Stock Exchange,... -
November 22,2020The High Council of Insurance, the top regulatory body of Iran insurance industry, is expected to grant operational license to a new reinsurance company in the near future. Pars Reinsurance... -
November 21,2020As per a bylaw sent to banks and credit institutions new fees come into effect today (Nov. 21). -
November 21,2020Plans to offer financial aid to people hit by the Covid-19 outbreak will be funded from resources other than the Central Bank of Iran, the bank’s governor said. In a note on his social media...
