The benchmark Bahar Azadi Gold Coin that traded at 52.50 million rials ($375) in Tehran during the week, lost more than 7% by Thursday's market close and fetched 48.40 million rials ($345),…
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.
The Central Securities Depository of Iran (CSDI) has put forward a proposal to boost collaboration among the members of the Asia-Pacific Central Securities Depository Group (ACG). It was…
Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates. According to…
Iran Fara Bourse main index touched new highs in the financial year that ended on March 20. According to a press release by IFB, the benchmark index IFX gained more than 100% in the previous…
The Central Bank of Iran has put in place the infrastructure for launching a new mechanism to distribute essential goods eligible for subsidized currency. The system operates using only national…
Iran stock indexes are approaching historic highs. As of closing of trading on Wednesday, Tehran Stock Exchange's main gauge TEDPIX was up 1.87%. Iran Fara Bourse’s main index IFX had…
The Iran Mercantile Exchange intends to diversify the market by offering a variety of trading instruments in the new fiscal that started on March 21, the CEO said.
A new round of crude oil offer on the Iran Energy Exchange ended Tuesday without any trade. The offer was the eighth of its kind and the first in the new fiscal that started on March 21. …
The United States' unilateral and illegal sanctions have no significant impact on Iran’s market, governor of the Central Bank of Iran said Tuesday.
Stocks continued their unabated surge on Tuesday, making the benchmark index TEDPIX 2.6% shy of its own historic high. The surge comes as foreign exchange rates remain bullish and a stampede of…
A lawmaker said Monday that President Hassan Rouhani has issued a decree to withdraw €2 billion from the National Development Fund of Iran after receiving permission from the Leader Ayatollah…
CEO of the National Development Fund of Iran, the country’s sovereign wealth fund, has outlined the roadmap for the fiscal year that started on March 21.
Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000 rials for the…
The governor of the Central Bank of Iran said Sunday that the long-awaited Regulated Foreign Exchange Market will be launched by mid-April. Rules for launching the first-ever forex market…
Governor of the Central Bank of Iran says Iraq has paid a large part of its debt to Iran. The debts are mainly related to Iranian gas and electricity export to the neighboring country. The…
Stock markets in Iran are on fire. Free flowing liquidity from parallel markets, rise in global commodity and metal prices, bullish foreign exchange rates, good yearend reports for listed…
Data from Iran Fara Bourse, the country's junior stock exchange, indicates that its main index, IFX, posted a 100% returns on investment in the last fiscal that ended on March 20.
As part of the process of merging five banks and credit institutions affiliated to the armed forces with Bank Sepah, the shares of the lenders are sold on Sunday. The share offer…
After recording an 86% return on investment during the previous financial year (ended March 20) for its main index TEDPIX, the Tehran Stock Exchange continues to grow in the Persian New Year.…
UniCredit SpA is nearing an agreement with US authorities over allegations that the bank provided dollar-clearing services to Iranian clients in violation of US sanctions, people with the…
The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can reduce the…
The total value of Iran Mercantile Exchange trading in the previous fiscal (March 2018-19) rose 52% compared to the earlier year to reach 1,786 trillion rials ($13.5 billion).
A Luxembourg court rejected a US request to compensate victims of the Twin Tower attacks by seizing assets from Iran.
The Luxembourg court said that the rule the US court used to…
The Majlis Research Center in a report has looked into the performance of Iran’s gradually expanding insurance industry. In terms of insurance penetration, which is the ratio of premiums…
The Majlis Research Center, the research arm of the parliament, has published the results of three meetings with representatives from the private sector and business owners in the country.…