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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November 17,2019The Statistical Center of Iran has published its latest report on home and land prices in addition to rents, which indicates an overall increase across Tehran during the second quarter of the... -
November 17,2019The government will unveil a plan this week for the divestiture of state-owned companies in the stock market, the economy minister said. Speaking on a state radio program, Farhad Dejpasand said...
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November 17,2019After a flat performance a day earlier, the stock market in Tehran took a drubbing Sunday as the sell-off impulse hit stocks of a wide range of companies. The main gauge of Tehran Stock Exchange...
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November 16,2019The foreign exchange market in Tehran was in turmoil on Saturday amid investors' pessimism over the prospect of another burst in prices, namely currency prices, after the implementation of gasoline...
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November 16,2019Ministry of Energy has recently called authorized crypto miners to set up their own renewable energy at farm levels, allowing miners to use the national grid as a backup when renewable output is...
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November 16,2019Sale of gasoline on the Iran Energy Exchange will not be affected by the government decision on Friday to increase fuel prices and assign quotas, the managing director of IRENEX said. “The price...
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November 16,2019A day after rationing gasoline the stock market in Tehran opened trading flat on Saturday amid rising prices for refinery equities and steep fall in auto stocks. The market opened in positive...
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November 15,2019New US sanctions and major reinsurance companies' aversion to play their proper role has deprived the country of the ability to transfer major risks outside its borders and to the top international...
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November 15,2019More than 2.26 billion transactions worth 2,534.9 trillion rials ($22.5 billion) were processed through Shaparak, Iran’s payment settlement network, during the last calendar month to October 22....
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November 15,2019Tehran Stock Exchange’s benchmark, TEDPIX, rose 126,435 points since the beginning of the current fiscal year (March 20) to stand at 307,094 as of November 13, indicating 71.89% growth.
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November 15,2019Currency rates in Tehran’s market have been rising since last week after more than three months of relative calm. The US dollar changed hands for about 116,500 rials on Thursday, up 40,000 rials...
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November 13,2019The Money and Credit Council approved the outlines of a plan to streamline policies and procedures for recapitalization of manufacturing units. Proposed by the Central Bank of Iran, the plan is...
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November 13,2019Addressing concerns over high electricity prices for legal crypto mining operations, Iran's Ministry of Energy said Wednesday that it has modified the tariffs for authorized miners based on the...
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November 13,2019The main index of Tehran Stock Exchange TEDPIX gained 438.76 points, or 0.14%, on Wednesday to end trading week at 307,094.1. About 2.21 billion shares valued at 11.55 trillion rials ($100.92...
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November 13,2019The online enrollment for the government-backed housing development project, the so-called “National Housing Project” started on Saturday. However, the question which has not been clearly answered...
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November 13,2019Using one-time password is expected to significantly reduce the possibility of phishing attacks, says the governor of the Central Bank of Iran. Abdolnasser Hemmati said the OTP is expected to...
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November 12,2019Insurance companies generated 66 trillion rials ($584 million) from life insurance policies in the last fiscal year (ended March 2019), indicating 42.3% increase compared to the year before. As...
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November 12,2019Data from the Central Bank of Iran shows lenders are working to cut extra and unwanted branches over the past two quarters. Banks and credit institutions shuttered 438 branches since the...
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November 12,2019Tehran stocks closed trading in positive territory on Tuesday amid rising demands for equities mainly in bank, chemical, auto and base metal group.
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November 11,2019Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for importing essential...
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November 11,2019A monthly report by the Central Securities Depository of Iran shows that the value of exchange-traded funds crossed 184 trillion rials ($1.6b) by the end of the last calendar month to October 22...
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November 10,2019The CEO of Kish Free Zone said the ground has been paved for opening the first international stock exchange in Iran’s Free Trade Zones. The new bourse is planned to open during the Ten-Day Dawn...
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November 10,2019There are more than 22,000 bank branches in Iran, about half of which are not needed, a deputy minister of economy said on Sunday. Abbas Memarnejad, the deputy economy minister for banking,...
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November 10,2019The main gauge of Tehran Stock Exchange slipped Sunday amid lack of fundamental drivers that could bolster the market. Reports say the benchmark fell more than 3,063 points, or 1%, to 302,795.2...
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November 09,2019Total deposits with banks and credit institutions reached 22,165 trillion rials ($195 billion) during the fourth month (June 22- July 22) of the current fiscal year indicating 26.9% annual growth...
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