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.

  • Privatization of 12 Public Firms on April 17
    Iranian Privatization Organization plans to transfer the shares of 12 public companies to the private sector on April 17, the organization’s website announced. The sales include a 100% stake in...
  • About 719 million shares valued at $28.14 million changed hands at TSE on April 4.
    Tehran Stock Exchange’s main index gained 64.48 points or 0.07% to end Wednesday trade at 97,150.6. About 719 million shares valued at $28.14 million changed hands at TSE for the day. Trading at...
  • 12 IPOs in New Fiscal Year
    Tehran Stock Exchange is planning to float the shares of 12 companies in the new fiscal year (started March 21), the exchange's listing and public offering manager, Esmaeil Dargahi, announced. The...
  • No Privatization of Iran’s Payment Networks
    Strengthening the private sector role in bolstering the economy and implementing divestiture laws has been a major focus of President Hassan Rouhani’s administration, but the privatization...
  • FX, Gold Markets Still Bullish
    Most foreign currencies continued to gain against the rial on Wednesday in a rally that started from the early days of the current Iranian year that began on March 21. According to Fars News Agency...
  • Central Bank: PPI Inflation at 10.5%
    The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s...
  • China believes that increasing import tariffs or banning imports are ineffective policies, so they opted for a different strategy by replacing tariff policy with currency policy.
    In pursuit of the New Year’s national goal, “Support for Iranian Products”, the government has banned the purchase of foreign-made products that are domestically produced for all government...
  • Roadmap to Improve Iran’s Trading Across Borders
    As part of its Doing Business project, the World Bank also monitors indices concerning trading across borders and the numbers indicate Iran is not doing well.  Tehran Chamber of Commerce,...
  • According to IMF, Iran made significant improvements to the AML/CFT legal and institutional frameworks since June 2016.
    The International Monetary Fund, in its latest assessment of Iran's economic situation as part of its Selected Issues paper, has hailed Iran's progress in upgrading its legislative and...
  • Turkey Biggest Tobacco Exporter to Iran
    Turkey, with more than $42.35 million, was the biggest exporter of tobacco to Iran during the 11 months to Feb. 19. According to the latest figures released by the Islamic Republic of Iran Customs...
  • Over 262.9 billion shares valued at $12.86 billion were traded on TSE in the last fiscal year (ended March 20).
    Iran’s stock market had a good run in the last fiscal year (March 2017-18), as it witnessed several rallies and repeatedly extended its all-time highs. In most instances, stars were aligned for...
  • Tenants should brace for a difficult year that will entail rent price hikes and fluctuating trends.
    Iran’s troubled housing sector has entered a new phase in the new Iranian year (started March 21), as it strives to put a longstanding slump behind it, although there are concerns that Iranian...
  • Reshuffle at CBI
    The governor of the Central Bank of Iran on Tuesday made several appointments as he enters his fifth and the final year of his term.  In his first announcement, Valiollah Seif appointed Hossein...
  • Gov’t Announces Wheat Purchase Plan
    The Iranian government will purchase between 10.2 million and 10.5 million tons of wheat from local farmers in the current fiscal year (started March 21), a deputy agriculture minister announced...
  • About 385 million shares valued at $15.06 million changed hands at TSE on April 3.
    Tehran Stock Exchange’s main index gained 147.37 points or 0.15% to end Tuesday trade at 97,086.2. About 385 million shares valued at $15.06 million changed hands at TSE for the day. Trading at...
  • Eggs See Highest Annual Price Rise Among Basic Edible Goods
    An analysis of fluctuations in prices of basic edible goods during the year to March 16 shows eggs had the highest annual price rise, going up by around 34%. The noticeable rise in egg prices is...
  • Cyberspace Authority Against Telegram Crpytocurrency
    Tapping into the Gram cryptocurrency offered by the instant messaging app Telegram by Iranians is considered a “redline” in the eyes of the High Council of Cyberspace, the country’s watchdog and...
  • Abbas Akhoundi
    The minister of roads and urban development has announced that further cuts in home loan rates, already in the single-digit territory, are on the cards with President Hassan Rouhani supporting the...
  • CBI Focusing on Foreign Investments
    The Central Bank of Iran attracted billions of dollars in foreign investments in the last fiscal year that ended on March 20 and it will continue to focus on absorbing foreign funds this year, its...
  • ISPA: $27.4b Needed for Iran Steel Development Plan
    Iran’s steel industry needs about €22.1 billion ($27.4 billion) in new investment to achieve a target...
  • Tehran Stocks Rise Despite New Year Slump
    Tehran Stock Exchange ended the very first trading week of the new fiscal year (March 2018-19) with solid gains and minimal trade volume, as investors returned from the extended holidays. Traders...
  • Modalities to open Pakistan’s banking channels with Iran were finalized during a recent meeting with the delegation led by Iranian Foreign Minister Mohammad Javad Zarif.
    While Pakistan remained cautious and reluctant to increase trade ties with Iran in the past four years because of international trade sanctions imposed on its neighboring country, its government,...
  • The forex rally started on March 26 when the Norouz holidays officially ended.
    As the curtains fell on the previous Iranian year on March 20 and the usual lull in the markets sets in during the ensuing holidays, few expected currency volatility. However, a few days into the...
  • The rail link between Astara in Azerbaijan and the Iranian namesake city was officially opened in a ceremony held on March 29.
    The rail link between Astara in Azerbaijan and the Iranian namesake city was officially inaugurated ...
  • TEDPIX Up 0.35 Percent
    Tehran Stock Exchange’s main index gained 342.24 points or 0.35% to end Wednesday trade (last trading day on March 28) at 96,938.88. About 721 million shares valued at $26 million changed hands at...

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