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.
May 22, 2022 22:02
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May 23,2022The governor of the Central Bank of Iran held talks with a Kazakh delegation in Tehran on Sunday. Ali Salehabadi referred to the recent improvement in bilateral trade and said closer banking ties... -
May 23,2022Banks issued 90 trillion rials ($330 million) of “Productive Credit Certificates”, known by its Persian acronym Gam, since the credit finance instrument was launched in early 2021. According to...
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May 23,2022Tehran’s share market tumbled on Monday moving further away from recent highs amid mounting selloff pressure and massive capital outflow. The benchmark of Tehran Stock Exchange, TEDPIX, shed 25,...
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May 23,2022An estimated 7.9 million tons of goods worth 665 trillion rials ($2.2 billion) were traded in the spot market of the Iran Mercantile Exchange in the calendar month that ended on May 21. This was...
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May 22,2022The main gauge of Tehran Stock Exchange, TEDPIX, closed Sunday slightly higher, gaining 2,535 points or 0.16% to wrap up trade at 1,582,222. The TSE’s equal-weighted index climbed 0.3%, indicating...
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May 22,2022In line with persistent calls for promoting openness and transparency in the economic domain, 132 nongovernment public companies and organizations published their financial statements on Sunday....
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May 22,2022The Central Bank of Iran on Sunday announced regulations for remote identification of customers seeking electronic banking and financial services. Banks, credit institutions and leasing companies...
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May 22,2022Head of the judiciary-affiliated General Inspection Organization of Iran (GIO) has ordered its inspectors to closely examine the performance of banks. Zabihollah Khodaiyan underlined the need and...
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May 21,2022Tehran stocks opened trading week on Saturday under selloff pressure and the benchmark of Tehran Stock Exchange, TEDPIX, retreated further away from the 1.6 million points reached last week. ...
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May 21,2022Policy and decision makers, experts and authorities attending the First International Conference on Privatization in Iran are unanimous in their views that the current privatization plans and...
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May 21,2022Private companies have been complaining that the government apparently failed to anticipate the challenges manufacturing units would face after it ended the policy of allocating subsidized currency...
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May 21,2022An estimated 5,140 small and medium-sized companies took out loans from banks in the last calendar year that ended in March. According to the Ministry of Industry, Mining and Trade, which is in...
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May 21,2022The Central Bank of Iran has ordered the Iran Credit Scoring Institution (ICSI), the only of its kind authorized to offer credit assessment, to restrict its services to banks and authorized credit...
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May 21,2022The Central Bank of Iran said it will resume selling government bonds to secure funding for budgetary needs. In a press release posted on its website, the CBI said it will hold an auction on May...
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May 21,2022The Governor of Central Bank of Iran Ali Salehabadi says the government should first reimburse its mounting debt to banks to help them improve their financial adequacy. In a tour to East...
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May 21,2022Shares of small-sized companies lagged behind large caps in the last Iranian trading week that ended on Wednesday.
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May 18,2022The government will divest its stakes worth 2,100 trillion rials ($7 billion) in several companies to repay its debt to public organizations by March 2023 when the calendar year ends, head of the...
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May 18,2022The Iranian National Tax Administration (INTA) said foreign currency dealers must also pay tax if they trade outside the purview of official exchange bureaus and banks. In a notice posted on its...
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May 18,2022After crossing the critical 1.6 million points a session before, the main gauge of Tehran Stock Exchange, TEDPIX, pulled back on Wednesday. The TEDPIX shed 11,046.23 points or 0.69% and ended...
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May 18,2022The Central Bank of Iran Wednesday hosted a Cuban delegation headed by Deputy Prime Minister Ricardo Cabrisas. The two sides discussed ways to build banking cooperation. CBI Governor Ali...
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May 18,2022The benchmark of Tehran Stock Exchange, TEDPIX, on Tuesday broke past the strong resistance level of 1.6 million points – the same place 20 months ago. The market cap-weighted TEDPIX gained 22,...
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May 18,2022Senior financial and economic officials found flaws with the functioning of the National Development Fund of Iran and underscored the need to improve its efficiency. One of the main concerns is...
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May 18,2022The Central Insurance company of Iran (CII), the state regulator of the industry, says it has launched a special unit to support insurtech startups. Promoting insurance-related startups was...
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May 18,2022The loan-to-deposit ratio (LDR) of banks and credit institutions has been of the ascending order for four straight months, indicating a higher inclination to lend. It was 82.8% by end of the month...
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May 17,2022After a brief lull the session before, Tehran’s share market resumed rally on Monday. The main gauge of Tehran Stock Exchange, TEDPIX, gained 10,820 points or 0.69% to end trade at 1,583,800....
