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 25, 2019 19:29
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May 25,2019In the fiscal month to May 22, almost €2.16 billion in foreign currency was sold via the Integrated Forex Deals System, locally known as Nima, IRNA reported. In the same period currency rates in... -
May 24,2019Iran is looking for a new channel to repatriate currency earrings from exports to Iraq, secretary general of the Joint Iran-Iraq Chamber of Commerce said. Regarding a directive issued by the... -
May 25,2019Tehran Stock Exchange began trading week in negative territory amid volatile global markets and selloff pressure in refinery stocks spurred by the decline in global crude prices in recent days. ... -
May 24,2019About 300,000 shareholders of merged banks affiliated to the armed forces have sold their shares since the merger process started in April, says the chief of Securities and Exchange Organization... -
May 24,2019The Association of Bureaux de Change Operators of Iran has called on members wanting to participate in the regulated foreign exchange market to register. Set up with the aim of stabilizing the... -
May 22,2019The Securities and Exchange Organization is planning to launch foreign exchange futures contracts after a reference price for foreign currency is discovered in the soon-to-be launched regulated... -
May 22,2019European powers are facing huge pressure from the United States to drop its proposed trade channel with Iran and it will also not succumb to ultimatums from Tehran, French Finance Minister Bruno Le... -
May 22,2019Iran approved $914.45 million worth of foreign investments during the period from March 2018, to February 2019, which shows a 67.4% decline compared to the $2.8 billion a year ago. -
May 21,2019The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21. CBI Governor Abdolnasser Hemmati... -
May 21,2019National Iranian Oil Company found no buyers at its 10th round of crude oil offer on the Iran Energy Exchange, despite the Oil Ministry's efforts to improve the purchasing terms, IRENEX data shows... -
May 21,2019The regulated foreign exchange market can and should help in stabilizing foreign exchange rates and in the process eliminate rent-seeking and corruption because trade will be conducted in an open... -
May 21,2019The Ministry of Roads and Urban Development will set up a special committee to set rental rates to ensure they won’t exceed consumer inflation, the director of Housing Investment and Economy... -
May 20,2019Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions. Each US dollar,... -
May 20,2019The Central Bank of Iran has announced a new set of rules for repatriation of export earnings in the current fiscal (March 2019-20). In a directive published on the CBI website Monday, it... -
May 20,2019According to a notice by Central Bank of Iran, the previous deadline for selling shares of five merged banks and credit institutions has been extended for 15 working days ending on June 13. -
May 19,2019Iran Fara Bourse, the junior stock market in Iran, topped the list of 77 stock markets in the world as reviewed by World Federation of Exchanges, with its market capitalization registering 80%... -
May 19,2019The Central Bank of Afghanistan has annulled the operating license of the only Iranian bank which was active in that country. -
May 18,2019In a move to facilitate crude oil sale on the Iran Energy Exchange, the National Iranian Oil Company has adjusted some of its purchasing terms for the next round of offer scheduled for May 21. ... -
May 18,2019Bank Maskan, the state-run agent bank of the housing sector, granted a total of 228,949 home loans worth 113.83 trillion rials ($775 million) in the last Iranian year that ended on March 20, 2019... -
May 18,2019The Export Guarantee Fund of Iran is stepping up efforts to promote non-oil exports to Iraq by offering lower premium rates and cheaper guarantee cover. On the sidelines of a monthly meeting of... -
May 18,2019The National Development Fund of Iran, the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20). The vice... -
May 18,2019Lloyd's of London insurance market has widened its list of areas in and around the Persian Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE. -
May 17,2019In the previous fiscal (March 2018-19) exporters repatriated $18.7 billion of their export earnings to the country, the Central Bank of Iran Governor Abdolnasser Hemmati wrote in an Instagram post... -
May 15,2019The Money and Credit Council - a top financial decision-making body affiliated to the Central Bank of Iran - approved a decision Wednesday to raise the ceiling of loans allocated for renovating... -
May 15,2019Euro and the Chinese yuan topped the Central Bank of Iran's list of subsidized currencies allocated for imports in the past 13 months, with USD at the bottom of the list. Department of Economic...
