The Central Bank of Iran has completed infrastructure for minting crypto rial as a central bank digital currency (CBDC). The currency will be launched after approval by the Money and Credit…
Business And Markets
<p>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.</p>
Senior diplomats from South Korea and Iran had discussions in Vienna on Iranian assets frozen in that country, the foreign ministry in Seoul said on Friday, with the thorny bilateral issue on…
Option contracts have become more popular in Iran’s capital market as a means for insuring stocks against price volatilities. According to Meysam Moqadam, head of the Innovative Financial…
Foreign exchange rates fell again on Thursday in Tehran amid optimism among traders over the outcome of the ongoing talks between Iran and world powers in Vienna to restore the landmark 2015…
Bonds sold by the government jumped in the weekly auction on Tuesday to reach 48.1 trillion rials ($165 million), the highest in three weeks. Unlike the last two rounds, the offers were…
Head of the Iranian Privation Organization is skeptical about the government’s ability to realize projected income from selling its shares in state-owned companies as forecast in the March 2022-…
Forex rates declined in Tehran’s free market on Tuesday apparently due to guarded optimism over the new round nuclear talks in Vienna. The dollar was quoted at 291,800 rials posting more…
After a lukewarm performance a session earlier, Tehran’s share market saw another uneventful day on Monday amid continuous capital outflow and the pattern of investors’ aversion to put money in…
The managing director of the Securities and Exchange Organization (SEO) says the regulator is trying to help reduce the price of gas feedstock sold to petrochemical plants.
As per a notice from the Iranian National Tax Administration, as of Monday life insurance, complementary medical insurance, social security coverage and agro products insurance will be exempt…
The Majlis Research Center has rejected provisions of a parliament-initiated bill that calls for all-embracing support for the manufacturing sector. As per stipulations of the bill,…
The Tehran stock market saw lukewarm trade on Sunday as prices of most tickers hovered around the flatline amid declining interest of retail investors. The main gauge of Tehran Stock…
The nationwide payment settlement network, known as Shaparak, said it processed almost 3.26 billion transactions worth 6,679. 1 trillion rials ($22.6 billion) in the calendar month to Dec 21.…
The Iranian Privatization Organization is ceding the remaining government shares in the Persian Gulf Petrochemical Industries Company (PGPIC) in three phases to end Wednesday. The giant…
The Iranian National Tax Administration in a notice announced that new value added tax (VAT) on trade in gold and other precious metals will be applicable from Monday.
Tehran stocks retreated at the beginning of trading week on Saturday amid a meaningful increase in capital outflow by retail investors. Toiling near the psychological 1.4 million points…
Secretary of Iran's Private Banks and Credit Institutions Association says the current lending rates are too low, stressing that deposit rates must be at least 3% higher than the inflation rate…
The Industries Ministry and seven banks signed a memorandum of understanding Saturday for a pilot program for a new supply chain finance (SCF) announced by the Central Bank of Iran. The…
The government plans to sell its excess property via the Iran Mercantile Exchange in the near future, the IME’s deputy for supervisory affairs said.
The Central Bank of Iran has launched a new framework to help finance the supply chain, a senior bank official said. Mostafa Qamari-Vafa, head of CBI public relations, made the…
After a sharp decline in check use a month before, check transactions rebounded in the eighth month of the calendar month to Nov.21. According to data published by the Central Bank…
After gains a week before, Tehran stocks ended the last trading week higher amid noticeable increase in the participation of retail investors. In choppy trade ending Wednesday, the…
An estimated 470,000 futures contracts worth 19.03 trillion rials ($65.6 million) changed hands at the Iran Mercantile Exchange in the last calendar month ending Dec. 21. Agriculture…
Banks, credit institutions and equity market investors again stayed away from the weekly bond auction held by the government. Bonds sold this week was hardly 99.9 billion rials ($341,000) --…
The main gauge of Tehran Stock Exchange, TEDPIX, closed trading week slightly below the flatline as selloff pressure continued on commodity stocks.
