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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July 27,2022Tehran stocks closed the week Wednesday with slight gains in most categories but retail investors’ role in overall trade remained unimpressive. The main index of Tehran Stock Exchange, TEDPIX... -
July 27,2022The Money and Credit Council, the top monetary and banking decision-making body, set a higher ceiling for the legal reserve requirement of banks. According to a press release published by the...
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July 27,2022The Securities and Exchange Organization (SEO) held a ceremony Wednesday to unveil an electronic platform that eases the collateral process for investors seeking loans. The ceremony was attended...
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July 27,2022After piling losses in the earlier session, selloff pressure eased on majority of shares Tuesday with the benchmark of Tehran Stock Exchange closing slightly below the flatline, The market cap...
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July 27,2022The governor of the Central Bank of Iran, Ali Salehabadi, says the regulator will work to curb interbank rates in line with monetary policy. Salehabadi reiterated the policy in a meeting Tuesday...
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July 27,2022Insurance startups say implementing measures that promote competitiveness by the regulator is the key for the growth of the sector. Officials from the Central Insurance company of Iran, CEOs of...
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July 27,2022Iran’s capital market made available 635 trillion rials ($2 billion) in the first quarter of fiscal 2022-23 (ending June 21). This was 31% lower compared to 926 trillion rials ($2.9b) reported in...
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July 25,2022The Energy Ministry has revised crypto mining regulations to help ease miners' access to renewable power. As per a decree, miners are no more obliged to use on-site power plants and can buy...
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July 25,2022Repaying forex debt to the National Development Fund of Iran has improved in the past ten months, a member of the NDFI executive board said. Alireza Mirmohammad-Sadeqi said companies paid $2...
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July 25,2022Stocks took a fresh drubbing on Monday amid uninterrupted capital outflow and uncertainly among retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, lost 24,342.31 points or 1.66% to...
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July 25,2022The Governor of the Central Bank of Iran, Ali Salehabadi, said goals anticipated in the Seventh Five-Year Economic Development Plan should be realistic and accessible. The sixth plan ended last...
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July 25,2022Almost all stock categories ended lower Sunday with sell-side pressure taking a bigger toll on small caps and penny stocks. The benchmark of Tehran Stock Exchange, TEDPIX, lost 9,735.41 points or...
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July 25,2022Recent Central Bank of Iran data show increase in money (M1) and a proportional decline in quasi money, or M2. M1 was in the region of 11,268.4 trillion rials ($36.3 billion), up 55.2% at the end...
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July 25,2022Kish Island Hoteliers’ Society says it will unveil cryptocurrency ATMs allowing foreign travelers to exchange their cryptocurrency into rials. “We have been holding talks with the Central Bank of...
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July 25,2022Non-performing loans declined further at the end of last fiscal year (ending March), indicating banks’ progress in recovering bad loans, Central Bank of Iran data show. The ratio of NPLs to total...
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July 24,2022Financial statements of the Securities and Exchange Organization (SEO), the capital market regulator, indicate 52% decline in its income in the last fiscal year that ended in March. According to...
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July 24,2022The industrial production index (IPI) improved in the third calendar month to June 21, bucking a five-month declining trend. According to a report by the Monetary and Banking Research Institute (...
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July 24,2022Tehran stocks opened the week on Saturday lukewarm with the main market indicators near the flatline. The main index of Tehran Stock Exchange, TEDPIX, gained 1,601.42 points or 0.11% to end trade...
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July 24,2022Spot trade at the Iran Mercantile Exchange (IME reached 634 trillion rials ($2 billion) in the fourth calendar month ending July 22. This was 20% down on the preceding month when commodities...
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July 23,2022Hammered by the deep recession and unending liquidity outflow, Tehran’s share market was stuck in the red in the last calendar month that ended on Friday (July 22). In 19 sessions the main index...
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July 23,2022The supervisory body of the domestic payment network, Shaparak, said Bank Mellat acquired 19% of the electronic payment transactions in the calendar month to June 21. It said Bank Melli Iran and...
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July 23,2022The Raisi administration has settled its debts to three public organizations and pension funds, including the Social Security Organization, the government spokesman. “Reimbursed debts amounted to...
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July 20,2022In a new report the Central Bank of Iran said the monetary base declined on the monthly scale in the calendar month to June 21. The monetary base stood at 6,403.7 trillion rials ($20.6 billion) as...
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July 20,2022In its latest appraisal of risk retention capacity of insurers, the Central Insurance company of Iran (CII) gave Iran Insurance Company (IIC) the top spot. According to a report seen on the CII...
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July 20,2022The government sold only 8.2 trillion rials ($26.4 million) in the ninth bond auction held by the Central Bank of Iran on Tuesday. This was the lowest sale of debt securities by the government...
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