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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May 03,2020Shaparak, the nationwide payment network, processed 1.92 billion transactions worth 1,978 trillion rials ($ 12.3 billion) during the Iranian month to April 20 – down 15.7% in volume and 39.71% less... -
May 03,2020Unusually large volumes of liquidity is flowing into non-productive sectors and speculative markets, instead of boosting manufactures, an economist says. “Directing liquidity toward manufacturing...
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May 03,2020Stock market indicators climbed sharply again on Sunday as fresh liquidity fuels the relentless rallies despite serious concerns the market could crash. At the close of trading session on Sunday...
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May 02,2020Government spokesman Ali Rabiei Saturday announced a timeframe to divest government shares in state-owned companies in three phases. The first commenced today. The government has issued a call...
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May 02,2020The widening gap between the bid prices of foreign currency and their purchase in the secondary forex market could undermine the export sector growth, head of Iran Export Confederation said....
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May 02,2020Symbol tickers of all companies listed on the Tehran Stock Exchange and Iran Fara Bourse (the junior equity market) were in the green Saturday amid renewed rush to buy shares. TSE’s main gauge,...
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May 01,2020In a report appraising government plans to divest its shares in state-run companies, the Majlis Research Center says it needs more in-depth studies and the plan should be suspended, for now. ...
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May 01,2020The National Development Fund of Iran has injected 20 trillion rials ($125 million) to agent banks to help boost non-oil exports, a deputy industry minister said. "The money was deposited with the...
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May 01,2020The Benchmark of Tehran Stock Exchange climbed more than 365,000 points and gained 71% during 25 trading sessions since the beginning of the current fiscal year (March 20).
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May 01,2020The governor of the Central Bank of Iran says issuing bonds is appropriate for plugging the budget deficits. In a note on his Instagram account Friday, Abdolnasser Hemmati said issuing bonds...
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April 29,2020The initiative to ease restrictions on trading the so-called Justice Shares will allow Justice Shares worth 3,000 trillion rails ($18.75 billion) to be offered Iran’s stock market, head of the...
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April 29,2020Banks lent 9,750 trillion rials ($62.9 billion) to businesses in the last fiscal year (March 2019-20), which was up by 2,012 trillion rials or 26% compared to the year before. The Central Bank of...
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April 29,2020Tehran stocks gained 32,000 points at the close of trading week on Wednesday to push the benchmark of Tehran Stock Exchange 3.8% higher. The market saw a highly rewarding week with daily gains of...
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April 28,2020Banks and credit institutions lent 137.6 trillion rials ($860 million) to 1,108 knowledge-based companies in the last fiscal year that ended on March 19. The figures indicate 74.5% hike on a year...
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April 28,2020The number of bounced checks jumped in the month to March 19, marking the end of last fiscal year when the coronavirus spread in Iran hammering businesses in a way unseen in decades. A total of 1...
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April 28,2020Tehran stocks extended weeks of consecutive rallies on Tuesday as demand remained high for shares of big listed companies. The main gauge of Tehran Stock Exchange, TEDPIX, gained 25,447 points...
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April 27,2020Iranian Insurers’ Syndicate has asked the Ministry of Economy for financial aid to the industry burdened by the impact of the coronavirus spread.
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April 27,2020A review of bank debit card transactions shows that more than 228.4 million cards are either inactive and have had no transaction for long. Citing data from the Central Bank of Iran, IRNA said...
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April 27,2020Unfulfilled commitments by importers of essential goods have decreased substantially thanks to measures by the Central Bank of Iran 18 months ago, an official with the bank said. Unfulfilled...
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April 26,2020The Ministry of Economy announced a timeframe to launch the first phase of a divestiture scheme based on which government will sell its stakes in state-affiliated companies. The plan calls for...
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April 26,2020A review of the performance of financial markets in the 2019-20 fiscal shows investment in the currency and gold market yielded the lowest returns, and the stock market delivered the highest...
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April 26,2020A total of 1,243 homes were sold in Tehran during the first month of the current fiscal year (March 20-April 19) to register an 87.8% decline compared to the month before. In the month ending...
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April 26,2020Tehran Stocks surged 28,543 points Sunday logging 3.7% growth to stand at 797,863 points, drawing nearer to the uncommon 800,000 points. The value of retail trade at TSE reached an all-time high...
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April 25,2020The process of merging five military banks and credit institutions with state-owned Bank Sepah will be complete in the current calendar month to May 20, CEO of Sepah said. The megamerger includes...
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April 25,2020The Central Bank of Iran has required banks and credit institutions to increase their loan to deposit ratio in each province to at least 50%. The new measure aims to help create a balance in...
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