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October 29,2019
The National Development Fund of Iran, the country’s sovereign wealth fund signed 15 agency contracts with banks to pay $5.8 billion in foreign currency loans during the first quarter of the...
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October 27,2019
Financial records of Iranian stock brokers show the domestic brokerage industry earned 6.6 trillion rials ($59 million) in net profit in the last fiscal year that ended in March.
According to a...
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October 27,2019
More than 599.9 billion shares worth 2,027 trillion rials ($18.1 billion) were traded in 51.42 million deals in the Tehran Stock Exchange during 140 trading sessions in the first seven months of...
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October 27,2019
The government is planning to repay its debts to private companies by selling its stakes in state-controlled petrochemical and refinery companies, according to a member of Tehran Chamber of...
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October 27,2019
Currency rates and gold coin prices dropped in Tehran’s market last week.
Tehran Gold and Jewelry Union data show the Bahar Azadi Gold Coin was priced at 39.6 million rials at the beginning of...
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October 25,2019
There is ample potential for boosting economic and trade relations between Iran and Pakistan in diverse fields, but there also are hurdles, said the consul general of Iran in Karachi, Ahmad...
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October 25,2019
Tehran Stock Exchange was elected board member of the Federation of Euro-Asian Stock Exchanges for a two-year period at 28th General Assembly FEAS in Muscat, Oman.
At the event on Oct. 23, Iran...
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October 25,2019
Taking stock of signs of improvement in major economic indicators in Iran following the re-imposition of US sanctions in 2018, the US-based Bloomberg news agency said in an opinion piece that Iran’...
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October 25,2019
The total value of commodities traded at the Iran Mercantile Exchange increased 6% during the seventh month (Sep.23- Oct. 23) of the current fiscal year compared to a month earlier.
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October 23,2019
Iran Insurance Company, the largest and sole state-owned insurance company, is struggling to increase its share of the market from 30% to 50%.
Mohammad Rezaei, a board member and acting director...
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October 23,2019
Senior officials on Wednesday called on top legislative authorities to ratify remaining anti-money laundering bills demanded by the Financial Action Task Force, after the global watchdog issued a...
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October 23,2019
Bounced checks registered a monthly increase of 6.4% up until the sixth calendar month to September 22, the Central Bank of Iran reported.
Lenders processed more than 688,000 checks worth 108...
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October 23,2019
A total of 9,070 loans from the resources of the "Housing Savings Account" scheme of Bank Maskan, the agent bank of Iran’s housing sector, were granted to applicants planning to purchase new homes...
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October 23,2019
The main gauge of Tehran Stock Exchange shed more than 2,500 points, or 0.81%, on Wednesday as equities showed mixed response to financial reports of listed companies.
While the majority of symbol...
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October 22,2019
Central Insurance company of Iran (CII), the regulatory body of Iran’s fast growing insurance industry, is working on a scheme to cover bank accounts against cyberattacks.
According to Gholamreza...
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October 22,2019
In the first six months (March 20-Sept. 22) of current fiscal, the capital market provided finance worth 484 trillion rials ($4.2 billion), said a report by the Economic Review Department of Tehran...
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October 22,2019
Tehran’s stock market welcomed positive data from the half-yearly (March 20- Sept 22) financial reports of listed companies on Tuesday.
Spurred by rising demand for shares of well-performing...
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October 21,2019
Despite the deep compulsions to work for verifiable efficiency in key economic sectors at a time when the economy is saddled with mounting pressure due to US hostility and sanctions, startling...
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October 21,2019
Tehran stock market on Monday got some partial relief from the relentless sell-off pressures that dominated the market for almost two weeks.
Main gauge of Tehran Stock Exchange TEDPIX gained 781....
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October 20,2019
Governor of the Central Bank of Iran commended the role of the private sector in helping the economy to survive the harsh economic penalties imposed by the United States government.
Abdolnasser...
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October 20,2019
The need for protecting retail shareholders in the stock market has resurfaced following successive drops in the market in recent days.
In recent years there have been talks about introducing...
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October 20,2019
Stocks in Tehran took another drubbing on Sunday as the market correction drags on and widespread selloff keeps hitting a wide range of shares.
The benchmark of Tehran Stock Exchange TEDPIX ended...
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October 19,2019
The Ministry of Economy has plans to issue Manfa’at Sukuk worth 100 trillion rials ($877 million) to help augment government spending, according to the head of Capital Market Central Asset...
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October 19,2019
The Financial Action Task Force (FATF), the global watchdog for anti-money laundering policies, again extended the suspension of countermeasures against Iran.
At the end of its October plenary on...
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October 16,2019
The total value of foreign currencies sold by exporters of non-oil goods at Iran's secondary market amounted to €9.2 billion since the beginning of the current fiscal year (started March 21), €7.86...