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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February 13,2021New estimations indicate banks and credit institutions affiliated to the government own non-banking assets worth 900 trillion rials ($3.6 billion), the deputy economy minister for banking,... -
February 13,2021The Central Bank of Iran has recently rolled out various retail payment instruments, or developed guidelines for payment companies in recent months. "The effort is in line with the policy to...
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February 13,2021Foreign exchange rates continued to rise on Saturday, with the US dollar entering the 26,000-rial channel, the highest in the past four weeks.
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February 13,2021Tehran's stock market opened on a strong note at the opening of trading week on Saturday, posting a daily growth unseen in the past three months. The main index of Tehran Stock Exchange, TEDPIX,...
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February 12,2021The government sold bonds worth 30.7 trillion rials ($120.3 million) in the previous week during the bond auction held by the Central Bank of Iran. Buyers at the interbank market were two banks...
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February 12,2021The Central Bank of Iran says inflation expectations continued to decline in the previous fiscal month ending Jan. 19, as indicated by stability in various financial markets. In a performance...
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February 12,2021Foreign exchange rates were mostly increasing in the past seven days, mainly under the influence of political developments. The US dollar rose by nearly 10,000 rials during Wednesday and Thursday...
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February 09,2021The Central Bank of Iran on Monday launched a previously announced contactless payment mechanism based on EMV standard. EMV, which stands for Europay, Mastercard and Visa, is a global standard for...
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February 09,2021Parliamentarians have obliged banks and credit institutions to allot a minimum 40% of their lending facilities to the housing sector in each fiscal year. The mandate applies to all commercial...
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February 09,2021While many penny stocks lost value on Monday, equities of many big companies gained, amid the noticeable support of institutional investors.
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February 08,2021Shaparak, Iran’s payment settlement network, processed 2.79 billion transactions worth 4,562.46 trillion rials ($19.01 billion) in the month ending Jan. 19. Compared to the month before, the...
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February 08,2021Bucking a four-day declining trend, Tehran's share market made a promising comeback on Sunday, as investor sentiment was buoyed by the regulator's new measures to boost the struggling market. The...
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February 08,2021The Securities and Exchange Organization plans to change the daily price spread from the current ±5% asymmetrically as of Feb. 13, according to SEO's managing director. Mohammad Ali Dehqan-...
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February 06,2021The Securities and Exchange Organization’s board members convened the first session presided by the newly-appointed CEO Mohammad Ali Dehqan-Dehnavi to help reinforce the collapsing stock market. ...
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February 06,2021The Central Bank of Iran will soon unveil its contactless payment scheme, allowing cardholders to make payment transactions solely using their smartphones, the bank's governor says. "The scheme is...
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February 06,2021The International Monetary Fund says it is processing Iran’s $5 billion loan request submitted in March to the global crisis lender, said Jihad Azour, the IMF’s director of the Middle East and...
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February 06,2021Tehran stocks opened trading week on Saturday under the relentless sell side pressure in a majority of shares, amid mounting capital outflow from the struggling market. Extending the long streak...
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February 06,2021The number of bad checks shot up in the month to Dec.20 reaching 893,000 or 31.1% higher compared with a month earlier. In value terms it was 233 trillion rials ($970.8 million) indicating 5.6...
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February 06,2021The ever-expanding money supply and the rising consumer price inflation are products of the domination of fiscal policies over monetary policies, head of the Central Bank of Iran economic...
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February 06,2021The Majlis Research Center, affiliated to Iran's parliament, has recommended the mutual funds operating in the country's capital market to reduce their share of investment in banks in favor of bond...
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February 03,2021Extending a losing streak for the third day, the main indicators of Tehran's share market dived deeper at the close of trading week on Wednesday. The main gauge of Tehran Stock Exchange, TEDPIX,...
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February 03,2021South Korea is finalizing talks with the United States about using some of Iran's money frozen in Seoul under US sanctions to pay Tehran's UN dues in arrears, a South Korean Foreign Ministry...
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February 03,2021The price of major currencies and gold declined Wednesday in Tehran after posting growth a day earlier. The dollar lost 1.89% or 4,500 rias to close at 239,300 rials in the free market. The...
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February 03,2021Iran’s external debt increased to $9.3 billion by the end of the ninth Iranian calendar month to Dec. 20, the Central Bank of Iran reported. The debt is 3.5% or $317 million higher compared to the...
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February 03,2021Less than two months before enforcing the new check law, the Central Bank of Iran on Wednesday unveiled checkbooks designed to comply with new check transaction rules. Starkly different from the...
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