An estimated 13.43 million tons of goods were traded in the spot market of the Iran Mercantile Exchange (IME) in the calendar month to May 21. Compared to the month before, trade was up 71.4%…
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.
Iran Energy Exchange (IRENEX) on Monday launched its ‘Green Power Board’ where renewable power plants can sell their output. The event, attended by the Minister of Energy Ali Akbar Mehrabian,…
Tehran Stock Exchange's main index, TEDPIX, gained 15,801.16 points or 0.69% on Monday to end at 2,318,506.52 and the TSE equal-weighted index climbed 1.67%. About 15.66 billion shares worth…
The Governor of the Bank of Russia Elvira Nabiullina is due to arrive in Tehran today.
Tehran Stock Exchange's main index, TEDPIX, gained 4,720.06 points or 0.21% on Sunday to end at 2,302,705.5 and the TSE’s equal-weighted index moved up barely by 0.41%. About 12.7 billion…
Banks paid some 1,812 trillion rials ($3.48 billion) in loans in the month to April 22 up 12.7% on the year before. The Central Bank of Iran said on its website that individual borrowers…
A bill to enhance the power and influence of the Central Bank if Iran in better managing the foreign exchange market has been sent to the Majlis (parliament) by President Ebrahim Raisi.
Tehran Stock Exchange's main index, TEDPIX, lost 23,350.32 points or 1.01% on Saturday to end at 2,297,985.45 while the TSE equal-weighted index dipped 0.54%. About 14.53 billion shares worth…
The governor of the Central Bank of Iran, Mohammad Reza Farzin, said the regulator is looking at proposals for launching the "offshore rial" for use in markets in Afghanistan and Iraq. He…
The head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA), is setting up a ‘Green Power Board’ at the Iran Energy Exchange (IRENEX), to help improve market competition.
The Central Securities Depository of Iran (CSDI), the capital market clearing house, says 4,374 trading codes have been issued for foreign investors and 27 codes were issued during the twelfth…
Commercial banks are planning to open offices and branches in Russia, a deputy governor of the Central Bank of Iran says.
Russia’s second-largest bank VTB has opened a representative office in Iran, an Iranian official said on Wednesday, as Moscow and Tehran, both restrained by western sanctions, seek to improve…
Tehran Stock Exchange's main index, TEDPIX, gained 19955.27 points or 0.87% on Wednesday to end at 2,321,336.07 and the TSE equal-weighted index climbed 1.68%. About 19.7 billion shares worth…
Iran Center for Development of E-Commerce, a regulatory body affiliated to the Ministry of Industry, Mine and Trade, has announced a new mechanism allowing cryptocurrency exchanges obtain online…
Mohammad Reza Farzin, the governor of the Central Bank of Iran, announced the formation of a special committee at the CBI to look into delays in the repatriation of foreign exchange revenue by…
Iran Chamber of Guilds has voiced support for moves by the Central Bank of Iran in introducing a new model for e-payment transaction fees obliging retailers to pay fees for every transaction…
In a report the Majlis Research Center (MRC) has proposed ways on "Short-Term and Long-Term Solutions to Tame Inflation." The short-term list focuses on minimizing exchange rate fluctuations…
Tehran Stock Exchange's main index, TEDPIX, gained 71,880.49 points or 3.25% on Sunday to end at 2,285,903.96. The TSE equal-weighted index also advanced 1.87% following a turbulent week that…
The new system for e-payment transaction fees has been well received by academia and experts who say it can help banks grow and develop much-needed modern infrastructure. Albert Boghazian, an…
The Securities and Exchange Organization of Iran, the regulatory body of the capital market, on Saturday announced new measures to help prop up the stock market following successive declines in…
The Monetary and Banking Research Institute (MBRI) said the output of listed manufacturing companies has increased. In a report it reviewed the monthly performance of 280 companies in the Tehran…
As a major shareholder of the Islamic Development Bank (IsDB), Iran is looking at new ways to contribute to increasing the bank’s capital, Economy Minister Ehsan Khandouzi told the IsDB Chairman…
Tehran Stock Exchange's main index, TEDPIX, lost 63,689.43 points or 2.80% on Saturday to end at 2,214,024.27 and the TSE equal-weighted index plunged 3.91%. About 19.38 billion shares worth…
Producers, exporters, and importers met with governor of the Central Bank of Iran, Mohammad Reza Farzin. During the meeting, business owners expressed disappointment with the excessive fees…
