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.
July 21, 2023 18:51
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March 15,2020Tehran stocks took another beating on Sunday as bruising selloffs that have persisted since March 7 continue to hit a broad range of stocks. Selloffs wiped more than 8,600 points off the main... -
March 14,2020The Ministry of Economy has sent requests to multilateral development banks, in which Iran is a member, for financial and non-financial assistance for controlling, combating and treating the...
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March 14,2020By the end of the fiscal month to December 21, total outstanding loans made by domestic banks crossed 17,409 trillion rials ($116 billion) -- up 23% annually. The figure indicates 15.4% hike since...
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March 14,2020Tehran stocks plummeted more than 3.3% at the start of trading week on Saturday amid investors unwillingness to trade and anxious about uncertainty about future market developments. The market...
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March 13,2020The government plans to sell 110 trillion rials ($720 million) in Murabaha Sukuk on Sunday to fund administrative bodies wanting to purchase goods and services. Sukuk bonds will be issued in two...
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March 13,2020Statistical Center of Iran has published its latest report on home and land prices in addition to rents, which indicates all have increased across urban areas during the third quarter of the...
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March 13,2020Insurance companies in Iran have provided nearly 4.5 trillion rials ($30 million) to medical centers affiliated to the Ministry of Health to help them overcome financial constraints amid the...
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March 13,2020The governor of the Central Bank of Iran said he has asked the International Monetary Fund last week for $5 billion in emergency loans to help the country contain the spreading virus and mitigate...
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March 11,2020Head of the Iran Chamber of Commerce, Industries, Mining and Agriculture has called on the Central Bank of Iran to postpone deadline(s) for repatriating export earnings by at least three months to...
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March 11,2020Banks and financial institutions in Iran have been advised to curtail operations and take effective precautionary hygiene measures, especially where the coronavirus is widespread, to protect bank...
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March 11,2020Tehran stocks closed trading week on Wednesday around the flatline to buck a bearish trend that dominated the market since Saturday. The main gauge of Tehran Stock Exchange, TEDPIX, posted a...
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March 10,2020The Ministry of Roads and Urban Development is planning to assist renters by arranging a bartering platform where new and semi-finished homes are exchanged for government-owned lands. “The...
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March 10,2020In a report on the controversial policy of the government to subsidize foreign currency for basic imports, the Majlis Research Center said it is ill-advised and a waste of scarce national resources...
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March 10,2020Shares in Tehran Stock Exchange and the junior market Iran Fara Bourse took another drubbing Tuesday to extend a losing streak into the third day. The main gauge of TSE, TEDPIX, dropped more than...
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March 09,2020The Central Bank of Iran will decide about using the payment channel devised by the Swiss government for sending humanitarian goods to Iran, head of the Iran-Switzerland Joint Chamber of Commerce...
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March 09,2020Mobile transactions declined significantly over the past calendar month (ended Feb. 19) largely due to hassles of using one-time-passwords. A total of 96.42 million transactions were handled by...
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March 09,2020Tracking global markets, share prices in both Tehran Stock Exchange and over-the-counter Iran Fara Bourse took a beating on Monday. TSE’s market cap-weighted index, TEDPIX, shed more than 14,800...
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March 08,2020The Central Bank of Iran is expanding infrastructure for contactless payment via QR codes and digital wallets in a bid to limit the coronavirus outbreak via circulation of banknotes among the...
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March 08,2020A Swiss channel to export food and medicine to Iran without running foul of US sanctions is off to a good start, with dozens of companies keen to take part, a senior Swiss government official said...
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March 08,2020Parliament has obliged banks to close accounts of customers whose identities are not clearly stated in the bank documents, a move seen as another step toward conforming to anti-money laundering...
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March 04,2020The Central Insurance company of Iran's recently updated list of insurers authorized to accept reinsurance cover, shows Alborz Insurance Company, one of the big four private firms in Iran, has been...
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March 04,2020The Money and Credit Council -- the top finance and banking policymaker -- agreed on Wednesday to postpone repayment of loans to mitigate the effect of new coronavirus on businesses. The...
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March 04,2020Tehran Stocks closed trading week on Wednesday on a strong note to extend rallies that dominated the market since Saturday. The main gauge of Tehran Stock Exchange, TEDPIX, climbed 2% and gained...
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March 03,2020In a letter to President Hassan Rouhani on Tuesday, heads of commerce chamber that represents private companies called on the government to adopt supportive measures to protect businesses,...
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March 03,2020The Supreme Council of Economic Coordination on Tuesday extended the authority of the Central Bank of Iran for one more year to control the currency market and regulate exchange rates. ...
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