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 04,2020Share prices in Tehran were choppy Sunday but sell-side pressure prevailed further pulling down demand. The main index of Tehran Stock Exchange, TEDPIX, closed in red losing 23,173 points or 1.5%... -
October 04,2020In a ceremony held Saturday by the central bank the performance of 49 giant exporting companies was appreciated as they met all their commitments to repatriate overseas earnings. A press statement...
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October 04,2020The Export Guarantee Fund of Iran, the state-owned export credit agency, and Parsian Bank signed an agreement Sunday to jointly finance and guarantee loans to exports of non-oil goods. Parsian...
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October 04,2020Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran. The US...
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October 03,2020After reaching new peaks in the last trading session, advance of the dollar against the national currency paused at the start of new trading week. The US currency dipped more than 4,000 rials on...
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October 03,2020Tehran stocks built on gains in the last trading session and opened Saturday trade 2.85% higher amid rising demand for most stock categories. The main index of Tehran Stock Exchange, TEDPIX, rose...
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October 02,2020Data released by the payment network authority, Shaparak, indicate decline in the market share of leading payment companies in the fifth Iranian month (July 22- August 21).
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October 02,2020The US dollar rose again in Tehran’s free market at the close of trading week on Thursday, moving incessantly toward 300,000 rials. Having touched a milestone, the greenback declined slightly...
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October 02,2020The Majlis is reviewing a proposal to set up a union for safeguarding the interest of retail investors in the stock market, a deputy speaker of the parliament said. “The ‘individual shareholders...
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October 02,2020The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21). The monetary base grew by 5.4...
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September 30,2020Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal The Emami gold coin extended gains on Wednesday to...
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September 30,2020Iran’s 21 major commercial ports handled 58.44 million tons of commodities during the first half of the current Iranian year (March 20-Sept. 21) to register a 25.4% decline compared with the...
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September 30,2020Tehran stocks swung choppily at the close of trading session on Wednesday as trade began in negative territory but later gained ground. The main index of Tehran Stock Exchange, TEDPIX, closed the...
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September 30,2020President Hassan Rouhani told Germany’s new ambassador on Tuesday said that Iran expected the three European Union countries signatory to the landmark nuclear deal to support its loan request from...
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September 30,2020The government has so far sold 970.89 trillion rials ($3.3 billion) in sukuk to shore up its finances in the current fiscal year (March 2019-20). The budget is being funded with 260.7 trillion...
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September 29,2020Central Bank of Iran data show growth in deposits outpaced lending during the month to July 21. It reported that the gap between banks’ outstanding loans and deposits widened further by 9,338...
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September 29,2020In line with plans to enforce anti-money laundering principles, the Central Bank of Iran imposed new restrictions on banking transactions of minor clients. In a bylaw sent to banks and credit...
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September 29,2020A total of 8,463 homes were sold in Tehran during the sixth month of the current fiscal year (Aug. 22-Sept. 21), registering a 6.8% decline compared with the preceding month. The number saw a...
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September 28,2020Banks and credit institutions paid 5,060.8 trillion rials ($18 billion) in loans to businesses in the first five months of the current fiscal year (March 20-August 21). Compared to lending in the...
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September 28,2020The benchmark of Tehran Stock Exchange lost a strong support level Monday with the TEDPIX diving deeper below 1.6 million points. Extending earlier losses, TEDPIX shed 54,957 points for the day,...
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September 28,2020Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market. The US dollar rose 1.5% or 4,400 rials to 294,000...
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September 28,2020Iranians usually opt for investing directly in the stock market and are less inclined to let investment funds or asset managers to trade on their behalf. In most countries the opposite is the norm...
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September 27,2020Forex rates in Tehran were rather stable on Sunday compared to the past several weeks as traders exercised extra caution due to the Central Bank of Iran’s presence in the market. According to...
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September 27,2020The Ministry of Economy on Sunday offered to settle payment to holders of Islamic bonds by delivering crude oil.
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September 27,2020Tehran’s bourse was again counting its losses on Sunday as a bruising sell-off swept through a majority of small and large cap shares. The main index of Tehran Stock Exchange, TEDPIX, lost 43,373...
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