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 12, 2018 19:07
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November 12,2018Iran's trade surplus of mineral products increased to $3.8 billion at the end of the seventh month of the current fiscal year on Oct. 22, the latest official data show. Iran exported about 34.98... -
November 12,2018Stocks jumped on Monday as markets recovered from a tumble in the previous session that pushed the Tehran Stock Exchange and over-the-counter Farabourse into the red. TSE's main index, TEDPIX,... -
November 12,2018About 958,000 tons of wholly or semi-milled rice worth $985.4 million were imported into Iran during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 12.54% and 4... -
November 12,2018Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs at the National... -
November 12,2018Instructions and charter for private equity funds have been ratified, Iran's Securities and Exchange Organization’s deputy for supervision of financial institutions said. Speaking to SEO News... -
November 11,2018Reports indicate that 3.23 billion bonds worth 15.93 trillion rials ($111.05 million) were traded on farabourse markets in 668,000 deals during the past trade week (November 3-6), registering 2%... -
November 11,2018The point-to-point inflation rate of Iran's housing sector was significantly lower than that of other sectors during Mehr, the seventh month of the current Iranian year that ended on Oct. 22,... -
November 11,2018The rial has been keeping relatively steady since the reimposition of US sanctions last week, a fact reflected in official comments in Tehran that much of the impact of the sanctions have already... -
November 11,2018Major Iranian steelmakers exported a total of 3.88 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22) to register... -
November 11,2018The second offering of crude oil on Iran Energy Exchange saw booming business as traders purchased all the 700,000 barrels of Iranian light crude on offer. At 2:37 pm local time, three bids were... -
November 10,2018The Central Bank of Iran will introduce new measures to help channel export earnings into the economy, the CBI governor Abdolnaser Hemmati said on Saturday in a meeting with provincial governors... -
November 10,2018Tehran Stock Exchange’s main index lost 869.35 points or 0.47% on Saturday to end trading at 184,231.1. About 4.11 billion shares valued at $76.29 million changed hands at TSE for the day.... -
November 10,2018Tehran Stock Exchange posted around 73.9% growth year on year in dollar value since the beginning of the year up until the end of September, outperforming other members of the World Federation of... -
November 10,2018As the interbank messaging system SWIFT prepares to formally announce the names of Iranian banks that will be disconnected from its platform, it is not clear how the outside world intends to... -
November 09,2018South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar. -
November 09,2018Governor of the central bank says if Iran is disconnected from the Belgium-based financial messaging service SWIFT (the Society for Worldwide Interbank Financial Telecommunications), alternative... -
November 09,2018Developed by the Informatics Services Corporation at the behest of the Central Bank of Iran, the banking system is planning to make use of a national cryptocurrency. The national cryptocurrency... -
November 09,2018The National Iranian Oil Company says the next round offering light crude oil on the international ring of the Iran Energy Exchange will be held on Sunday (Nov. 11). A report on the company’s... -
November 05,2018Iran will open a special account in one of Iraq’s state-owned banks to receive export earnings, said the president of the Investment Commission of the Iran Chamber of Commerce, Industries, Mines... -
November 05,2018Tehran Stock Exchange’s main index gained 1,241.16 points or 0.68% on Monday to end trading at 184,159.8. About 2.35 billion shares valued at $53.7 million changed hands at TSE for the day.... -
November 05,2018President Hassan Rouhani said Monday the US will indeed regret its decision to abandon the nuclear deal and reimpose sanctions as Iran will work to keep foreign investment flowing into the country... -
November 05,2018According to the chairman of Iran Blockchain Community, some virtual currency exchanges have imposed restrictions on Iranian users following Iran’s exit from the list of eligible countries to trade... -
November 04,2018Tehran Stock Exchange’s main index lost 530.22 points or 0.29% on Sunday to end trading at 182,918.6. About 2.12 billion shares valued at $42.04 million changed hands at TSE for the day. Trading... -
November 04,2018Residential units that have been newly constructed in Tehran still grab a relatively dominating share of home deals in the capital, but this share has been on a declining trajectory in the past... -
November 04,2018Sanctions on Iran’s banks, oil exports, ships and ports, lifted in 2015 as part of a nuclear weapons agreement that Trump abandoned in May, will be reimposed on Monday.
