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.
December 08, 2021 23:16
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December 08,2021Saman Insurance Company, affiliated to Saman Bank, has become the first domestic company to offer ‘pay as you drive’ auto body insurance cost. According to a press release seen on the company's... -
December 08,2021The government bond sale stumbled again on Tuesday as banks refused to partake and purchase of stock market investors was insignificant. Total bonds sold by the Central Bank of Iran was barely...
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December 08,2021The Iranian National Tax Administration announced Wednesday that henceforth currency trade will be taxable. In a press release posted on its website, INTA said that the decision is part of the...
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December 08,2021Tehran stocks rallied on Wednesday led by shares of auto companies as reports about rise in prices of domestic cars boosted sentiment. The benchmark of Tehran Stock Exchange, TEDPIX, gained 11,349...
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December 07,2021The Central Bank of Iran will launch an electronic trade platform to register retail demand for foreign currency, the governor Ali Salehabadi said. Salehabadi was speaking during a rare tour of...
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December 07,2021The Central Insurance company of Iran is set to rank insurance companies based on new criteria to help promote competition in the gradually growing market. Gholamreza Soleimani, the CII head, made...
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December 07,2021New regulations governing value added tax on gold trade will come into effect in January, the vice president of the Tehran Gold and Jewelry Union said. Mohammad Kashti-Aray told the state...
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December 07,2021Tehran’s share market was lukewarm on Tuesday with the main gauge of Tehran Stock Exchange, TEDPIX, shedding 4,365.33 points to fall 0.33% and close at 1,337,987. The TSE’s equal-weighted index...
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December 06,2021Transactions processed by the electronic card payment network, Shaparak, increased 11.86% on a monthly basis to 6,677 trillion rials ($23.8 billion) in the month ending Nov. 21. More than 3.28...
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December 06,2021After a short-lived rally a session earlier, sell-side pressure picked up again in Tehran’s share market on Monday, paring early hour gains. The benchmark of Tehran Stock Exchange, TEDPIX,...
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December 06,2021The Governor of the Central Bank of Iran Ali Salehabadi said access to foreign currency is improving gradually. “CBI’s access to forex resources has improved meaningfully in the present fiscal...
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December 06,2021Using renewables would be the best available alternative for cryptominers in Iran insofar as power consumption is concerned given their growing demand for electricity, an official with the Iran...
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December 06,2021Latest data released by the Statistical Center of Iran show the pace of runaway inflation in Tehran’s housing market is easing. Tehran’s housing Consumer Price Index in the 12-month period ending...
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December 05,2021Insurance companies generated 630 trillion rials ($2.1 billion) in premium income in eight months to Nov 22 up 43% on the same period last year, the head of the Central Insurance company of Iran...
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December 05,2021Listed firms reported an average 59% increase in sales in the last calendar month to Nov.21 compared with the corresponding month a year before. Data from financial statements of listed companies...
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December 05,2021Supply of foreign currency to the regulated wholesale market and the secondary forex market known as Nima increased in the current fiscal year (started March), an official with the Central Bank of...
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December 05,2021Tehran stocks closed higher on Sunday bucking a declining trend that lasted for four consecutive sessions as spike in currency prices stimulated demand for commodity stocks. The benchmark of...
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December 05,2021The government has agreed to again extend the loan repayment timelines for troubled manufacturers, the Economy minister said. According to Ehsan Khandouzi, the National Coronavirus Headquarters...
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December 04,2021The currency market in Tehran was highly volatile on Saturday, apparently riven by negative political developments that sent forex and gold prices to the highest in past 14 months. The dollar...
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December 04,2021Tehran stocks Saturday extended a long losing streak that has lasted for four straight sessions. However, sell-side pressure on large caps relaxed at the close of trade following the spike in...
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December 04,2021Iranian and Russian companies are gradually trading in their national currencies, the chairman of the Russia-Iran Business Council (RIBS) said.
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December 04,2021Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari on Saturday criticized the government for its intervention in the stock market. Khansari singled out the...
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December 03,2021Tehran stocks ended trading week bearish extending the spate of losses into the third week as sell-side pressure reused to abate and capital outflow continued. The benchmark of Tehran Stock...
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December 03,2021Iran's external debt stocks amounted to $5.451 billion in 2020, posting a year-on-year growth for the first time since 2010, according to World Bank Global Debt Report 2022. Total external debt...
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December 03,2021The Central Bank of Iran said its next step toward controlling broad money will be robust monitoring of lending by banks. The regulator wants to tap existing electronic platforms to control...
