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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January 02,2021Authorities closed 1,620 illegal cryptocurrency mining farms that were used 250 megawatts of electricity since July 2019, when mining was legalized, spokesman of the Power Generation, Distribution... -
January 01,2021Iran’s stock market is expanding its role in financing startups and knowledge-based companies, managing director of Iran Fara Bourse, the junior equity market, said. Despite difficulties in...
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January 01,2021The nationwide payment settlement network in Iran, Shaparak, processed more than 2.691 billion payments worth 4,190.8 trillion rials ($16.37 billion based on open market forex rates) in the last...
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January 01,2021The Iranian National Tax Administration unveiled the first phase of an electronic platform to monitor banking operations.
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January 01,2021Almost 97.7 million commodity-linked certificates of deposit (CD) were traded at the Iran Mercantile Exchange in the first nine months of current fiscal year (March 20-Dec. 21). Value of CDs was...
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December 30,2020Cryptocurrency could be used to import electronic devices, says Shahab Javanmardi, a member of the Iran Chamber of Commerce Industries Mining and Agriculture, noting that a change in government...
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December 30,2020The weekly bond auction held by the Central Bank of Iran tumbled on Tuesday after doing relatively well last week. Total sale this week reached 16.4 trillion rials ($66 million), down 66% compared...
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December 30,2020The Economy Minster Farhad Dejpasand says most of the properties divested by the government have merely resulted in change in ownership and in practice the government continues to exercise control...
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December 30,2020Iran Insurance Company, the country’s largest insurance company and the only company owned by the government, signed an agreement with Razi Vaccine and the Serum Research Institute to provide...
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December 30,2020The Central Bank of Iran's decision to exercise stronger control of the balance sheets of banks and credit institutions will hinder their functions, the CBI vice governor for supervisory affairs...
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December 29,2020Central Insurance company of Iran has proposed amending the third-party auto insurance law to remove the ceiling on claims by owners of expensive cars. “The insurance industry believes that there...
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December 29,2020Head of the Iran-Switzerland Chamber of Commerce says the Swiss trade channel, known as the Swiss Humanitarian Trade Agreement (SHTA) can be used to remove hurdles to import vaccines to fight Covid...
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December 29,2020The main index of Tehran Stock Exchange, TEDPIX, closed Monday in positive territory after consecutive losses. Investors' interest in the giants of Tehran's bourse pushed up the TEDPIX by 1.3%....
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December 29,2020Residue shares of the government in four major refineries and some state-run companies are to be sold to three semi-private banks, it was decided at a Cabinet meeting in Tehran on Sunday. The...
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December 27,2020All market indicators closed trade on Sunday in red with small caps bucking a rising trend of liquidity flowing into large caps. The liquidity flow, however, was not enough to push the main index...
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December 27,2020In a review of the budget bill for the next fiscal year (2021-22), the Mjalis Research Center gaged the projected government revenue from divesting assets and its planned divestiture policy. It...
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December 27,2020As cryptocurrencies, especially Bitcoin, hit record highs, the Central Bank of Iran has recommended the public to refrain from investing in the digital currency.
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December 26,2020While small caps continue to eke out gains, the big listed companies extended losses on Saturday with the main index of Tehran Stock Exchange losing 1.7%. TEDPIX lost 24,407.5 points to end...
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December 26,2020The Central Bank of Iran is studying the issuance of “crypto-rial” as a central bank digital currency (CBDC) and a digital form of the country’s fiat money, the CBI director of Payment Systems...
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December 26,2020Books of brokerage firms operating in Iran's capital market show significant improvement in performance in the Iranian month to Dec. 20. Deals worth 6,750 trillion rials ($27 billion) were...
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December 26,2020The Central Bank of Iran on Saturday announced financial relief to businesses battered by months of lockdowns to curb the Covid-19 pandemic. Proposed by the National Coronavirus Headquarters "non...
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December 25,2020The recent bank merger of five banks and credit institutions linked to the military forces with the state-owned Bank Sepah has turned the latter into the biggest bank in Iran. The megamerger...
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December 25,2020The Central Bank of Iran said it has found a way to pay for the import of Covid-19 vaccine after previous efforts failed. The announcement was made by the Central Bank of Iran Governor...
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December 23,2020Penny stocks added to previous gains at the close of trading week on Wednesday while large cap shares continued to tread water. Amid increase in prices of small caps, the equal-weighted index...
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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...
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