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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July 01,2020Tamin Cement Investment Company, the largest construction holding in Iran, went public on Wednesday offering 15% of its shares in an initial public offering. Stakes comprised 1.65 billion shares,... -
July 01,2020Islamic bonds worth 63 trillion rials ($331 million) were bought by lenders and non-bank financial institutions on Tuesday during the fifth bond auction held by the Central Bank of Iran. CBI...
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July 01,2020Tehran stocks maintained their upside direction seen in previous sessions to gain another 66,000 points on Wednesday closing trading week 4.3% higher. At the close of the trading session the...
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July 01,2020The Central Bank of Iran in a press release said money supply shot up to 26,541.6 trillion rials ($139.5 billion) by the end of the first quarter of the current fiscal year (March 20- June 21) --...
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June 30,2020Shares made one of their historic gains in Tehran on Tuesday, soaring 4.4% after falling close to the psychological 1.5 million points for two days in a row. The benchmark of Tehran Stock...
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June 30,2020Tehran’s stock market is gearing up for one of its busiest initial public offering in the weeks to come as a flurry of companies are expected to go public following attractive measures announced by...
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June 30,2020A housing expert believes the government’s intervention in the lease market would cause confusion, as it can increase the share of unregistered, unofficial deals and price rises in the long term...
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June 29,2020The Securitas and Exchange Organization said Monday starting next month trading fees in the stock market will be cut by 20%.
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June 29,2020The Central Bank of Iran has finalized the draft of a regulatory framework for e-wallets that is expected to be unveiled soon, said Ayandeh Bank's deputy for electronic banking affairs. "The...
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June 29,2020Iran’s Trade Promotion Organization suspended 2,500 commercial ID cards after their owners failed to heed government warnings regarding the return of overseas export currency earnings, head of the...
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June 29,2020Tehran stocks stumbled to break above the psychological 1.5 million points on Monday and shed more than 10,000 points bucking a 10-session bullish trend. The main index of Tehran Stock Exchange,...
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June 29,2020An estimated €6.2 billion was sold via the secondary foreign exchange market, known as Nima, for import since the beginning of current fiscal year (March 20) up until June 28. Nima is an online...
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June 28,2020Large and small-cap shares took different paths in the Tehran Stock Exchange on Sunday with the shares of the latter closing mainly in the red and the former pushing the TSE benchmark further into...
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June 28,2020Insurance companies collectively generated about 86 trillion rials ($357 million) in premiums in the first two months (March 20-May 20) of the current fiscal year, marking 31.4% growth compared to...
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June 28,2020Tenancy agreements signed as of June 29 may not increase rents by more than 25% in Tehran and 20% rise in other large cities, President Hassan Rouhani said on Sunday. “As per the decision made by...
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June 28,2020Major foreign currencies rallied again in Tehran’s open market on Sunday with the dollar bouncing back to 202,000 rials, up 2.5% overnight. One euro fetched 226,000 rials, up more than 3%...
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June 28,2020The Central Bank of Iran said it is planning to launch euro-denominated certificate of deposit to reduce the volume of rials held by the public and downsize the money supply, the bank’s governor...
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June 27,2020Trade in exchange-traded fund that holds government shares in three banks and two insurance companies commenced on Saturday. The value of each ETF unit doubled in one month after its subscription...
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June 27,2020The share market in Tehran opened on strong note Saturday extending a bullish trend into the ninth day with shares in big listing companies again pushing up market indicators. The benchmark of...
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June 27,2020With India no longer importing oil from Iran, UCO Bank is looking at other avenues to keep the rupee payment mechanism with Iran alive. According to A K Goel, CEO of UCO Bank, the lender is in...
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June 26,2020Central Bank of Iran monthly report shows bad checks declined in number in the calendar month to May 20 but their value increased. Bad checks were worth 167 trillion rials ($870 million) by the...
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June 26,2020Social Security Investment Company of Iran plans to offer 15% shares in one of its giant construction holding companies, Tamin Cement Investment Company, in the bourse, CEO of the SSIC said. The...
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June 26,2020Iran’s national currency pared more of earlier losses on Thursday, gaining 5.6% against the dollar in two days after tanking to all-time lows on Tuesday. The US dollar had gained 13% against the...
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June 26,2020Tax incentives are bein considered for new companies that want to list on the stock market in the current fiscal year (March 2020-21). The proposal was floated by the Ministry of Economy at the...
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June 26,2020The number of home sales in Tehran stood at 11,046 during the third month of the current Iranian year (May 21-June 20), indicating an increase of 80.3% compared with the same month of last year,...
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