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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December 23,2020The government sold bonds worth 48.8 trillion rials ($195 million) at an auction on Tuesday – a sizable growth compared to previous auctions. It was the highest weekly sale since Sept. 8 and a... -
December 23,2020The High Council of Insurance, the insurance industry regulator, has issued agreement in principle for the founding of Pardis Insurance Company. According to Risknews, the general insurance...
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December 23,2020Gold and currency prices rose on Wednesday in Tehran after remaining lukewarm for several days. Vacillating below 250,000 rials in the past few sessions, the dollar jumped to 260,000 rials in the...
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December 23,2020The law to tax transactions conducted via point-of-sale (POS) machines will come into force from the next calendar month starting Jan. 20, the Central Bank of Iran vice governor for IT affairs said...
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December 23,2020Efforts to import vaccines to fight the deadly coronavirus pandemic have so far been in vain due to blacklisting by the Financial Action Task Force, the global anti-money laundering watchdog, the...
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December 23,2020A broad range stocks rallied in Tehran on Tuesday but sentiment was high for the small cap stocks as seen in most recent sessions. Rising demand for shares of smaller listed companies pushed up...
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December 23,2020A board member of Tehran Stock Exchange says there are plans to revise rules guiding the performance of market makers in the stock market. Market makers have come under mounting criticism due to...
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December 21,2020The government plans to scrap rules that tie refunding exporters’ value added tax to repatriation of their export earnings, head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (...
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December 21,2020The Central Bank of Iran has increased oversight of online payment gateways to disband illegal betting websites.
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December 21,2020The main index of Tehran Stock Exchange closed Sunday trade at 1,439,054 points posting 6.9% growth in the month to December 21 -- the highest monthly return in months.
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December 21,2020Small cap stocks continued to outperform in Tehran on Monday leaving behind large caps that have stumbled in recent months. The day when the main index of Tehran Stock Exchange, TEDPIX, struggled...
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December 21,2020The final phase of a bank megamerger involving five military banks and state-owned Bank Sepah was completed on Sunday, the governor of the Central Bank of Iran said. Ansar Bank, last of the five...
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December 20,2020The judiciary in Tehran has reported a jump in court cases related to illegal cryptomining calling for new measures to further restrict subsidized electricity for mining cryptocurrencies. “...
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December 20,2020Tehran stocks pared some gains made on Sunday as sell-side pressure mounted on large cap shares, pulling down the benchmark of Tehran Stock Exchange into the red. TEDPIX, the main gauge of the...
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December 20,2020Iran Fara Bourse, the junior equity market, is studying 15 requests from venture capital funds (VC), eight of which are in the final stage, the IFB chief said. Amir Hamouni said so far 10 VCs are...
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December 20,2020Tehran's share market on Saturday recovered from a 4-day losing streak after share prices in most big companies climbed. The main index of Tehran Stock Exchange, TEDPIX, was up 2.2% gaining 31,...
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December 20,2020Foreign exchange rates declined on Saturday impacted by prospect of a stronger rial in light of optimism that Iran’s financial and banking ties with the outside world were set to improve. The...
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December 20,2020The government on Saturday suspended enforcement of the new check issuance law until next March to prevent check-holders rushing to banks to settle payment issues arising from unfamiliarity with...
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December 19,2020Beh Pardakht Mellat (BPM), a payment service provider affiliated to Bank Mellat, topped the list of transactions processed in the eighth month of Iran’s fiscal year (Oct. 22-Nov. 20) The company...
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December 19,2020The Expediency Council, the top legislation vetting body, in a statement confirmed that the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved a government request to extend...
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December 18,2020The Guardians Council–a watchdog that ensures laws are in line with the Iranian Constitution and Islamic law—has approved the parliament’s bill on revisions to Article 54 of Direct Tax Code, i.e.,...
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December 19,2020More than 2 million tons of goods worth 243 trillion rials ($972 million) were traded at the Iran Mercantile Exchange in the month to Dec.13.
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December 19,2020Despite higher bank fees the banking sector is expected to decline 0.3% in the current fiscal year that ends in March, estimations by the Majlis Research Center show. In a report covering key...
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December 16,2020Extending a bearish trend that started on Sunday, Tehran’s share market stumbled Wednesday closing the trading week with negative returns. The main index of Tehran Stock Exchange, TEDPIX, lost 15...
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December 16,2020Managing directors of banks and credit institutions have called on the Central Bank of Iran to revise regulations related to the verification of customers’ identity to enable banks offer a wider...
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