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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October 16,2021Bonds sold by the government, municipalities and private companies amounted to 702 trillion rials ($2.6 billion) in the first five months of the last fiscal year (March 21- August 22, 2020).... -
October 16,2021Tehran stocks closed most trading sessions last week in negative territory as panic selling lingered and money keeps flowing out the market. The main gauge of Tehran Stock Exchange, TEDPIX,...
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October 16,2021The Majlis Research Center scrutinized the policy of “curbing exchange rates” adopted by successive governments and concluded that it has harmed the economy in more ways than one. In a report the...
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October 16,2021Data released by Shaparak, the company in charge of supervising the domestic payment network, show more than 121.9 million bank cards were used at least once during the first sixth months of the...
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October 16,2021The High Council of Securities and Exchange on Wednesday appointed Majid Eshqi as the new managing director of Securities and Exchange Organization, the capital market regulator. Eshqi replaces...
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October 13,2021The dollar bucked the declining trend on Wednesday after falling below the psychological support level of 270,000 rials a session before. Trade under the support level was short-lived as rates...
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October 13,2021Enrique Mora, the European Union senior envoy who coordinates negotiations on reviving the 2015 nuclear deal, is set to meet Iranian Deputy Foreign Minister Ali Baqeri in Tehran on Thursday ahead...
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October 13,2021Export Guarantee Fund of Iran, the country's state-owned export credit agency, has managed to expand its support for exporters of non-oil goods and services, the Fund's financial statement shows...
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October 13,2021Extending losses in the previous session, Tehran stocks plunged at the close of trade on Wednesday as panic selling took hold. The market cap-weighted benchmark of Tehran Stock Exchange, TEDPIX,...
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October 13,2021The government on Wednesday appointed five new members to the High Council of Securities and Exchange, the capital market decision-making body. The new members include three financial experts,...
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October 12,2021Forex and gold prices continued to decline in Tehran market on Tuesday. The dollar was sold at 271,200 rials during the day posting 1.37% or 3,700 rials decline compared to Monday's close. It was...
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October 12,2021After a brief hiatus a session earlier, the downward trend in Tehran’s share market resumed on Tuesday with sell-off sweeping across all share categories. Major stocks saw the biggest decline last...
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October 12,2021The Governor of the Central Bank of Iran Ali Salehabadi said equal access to Covid-19 vaccine is a priority of the G24. He was addressing members of Intergovernmental Group of Twenty-Four, held...
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October 12,2021The Economy Ministry has no plans to raise bond yields to make the bond market attractive, the managing director of the Securities and Exchange Organization said. Mohammad Ali Dehqan-Dehnavi said...
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October 11,2021Iran’s external debt decreased slightly to $8.84 billion by up until August, the central bank reported. The foreign debt is 1.06% or $95 million lower compared to the figure reported for the same...
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October 11,2021Iran Export Federation in a letter to the Majlis voiced concern over a proposal by lawmakers to criminalize exporters for not returning their overseas income on time. Last week MPs proposed a...
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October 11,2021The Tehran Stock Exchange benchmark, TEDPIX, closed Monday slightly above the flatline, paring some gains made earlier in the session. The market cap-weighted TEDPIX, gained 1,869.01 points or 0....
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October 11,2021Trade at the Iran Mercantile Exchange reached 2,580 trillion rials ($9.5 billion) in the first half of current fiscal year (March 21-Sept 22), the highest since its inception in 2006. Total trade...
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October 10,2021ran Power Generation, Distribution and Transmission Company, Tavanir, has warned about the possibility of power cuts in winter, considering the persisting pressure on the national grid apparently...
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October 10,2021The Economy Minister Ehsan Khandouzi said banks need to focus on ways and means to strengthen the economy saddled with high inflation, rising prices, low productivity, joblessness, declining value...
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October 10,2021Tehran stocks on Sunday extended big losses incurred a session earlier with sell-off particularly hitting most small caps. The main gauge of Tehran Stock Exchange, TEDPIX, shed 10,420.55 points...
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October 10,2021Banks held 75,206.8 trillion rials ($278 billion) in assets by the end of the month to August 22, indicating 43.8% increase compared to the same period last year. Banks' foreign assets posted 61%...
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October 09,2021Money supply has jumped to unprecedented levels as government borrowing from the Central Bank of Iran takes on extraordinary proportions. CBI data on Saturday show the net value of government’s...
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October 09,2021Tehran stocks opened the week on Saturday under renewed sell-side pressure in almost all categories, bucking a rising trend that lasted for eight sessions in a row. The benchmark of Tehran Stock...
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October 09,2021A senior Iranian diplomat said unilateral American sanctions on developing countries violate basic principles of human rights, stressing that such illegal restrictive measures amount to crime...
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