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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May 30,2021Currencies rallied in Tehran on Saturday after more than two weeks of stability spurring a rising trend in the domestic bullion market. Vacillating between 228,000-232,000 rials in the past week... -
May 30,2021The Iraqi government will free $125 million in debt to Iran to pay for Iran's Covid-19 vaccine order, the energy minister said in Tehran on Saturday. "The money will be transferred through a...
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May 29,2021The insurance industry regulator says more insurance companies is a necessity for increasing the penetration rate of insurers and enhancing service quality, head of the Central Insurance company of...
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May 29,2021In the first two month of current fiscal year (March 21-May 20) the government borrowed 400 trillion rials ($1.7 billion) in discretionary spending from the Central Bank of Iran, deputy head of the...
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May 29,2021The Social Security Investment Company plans to issue put options for stocks of the Tehran Stock Exchange to help reassure investors that shares are worth buying. Known by its Persian acronym...
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May 28,2021Net income of listed companies in Iran’s capital market increased by almost 140% in the previous fiscal year that ended in March compared to the year earlier. Financial statements of the companies...
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May 27,2021Building on gains a session earlier, Tehran stocks closed trading week slightly higher on Wednesday thanks to large cap shares. The benchmark of Tehran Stock Exchange, TEDPIX, gained 3,915 points...
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May 27,2021To alleviate pressure on the national power grid and prevent blackouts President Hassan Rouhani on Wednesday ordered a ban on all cryptomining until the end of summer.
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May 26,2021The government on Tuesday sold bonds worth 10.4 trillion rials ($45 million) in the first auction held by the Central Bank of Iran. Buyers were mainly retail and institutional traders in the...
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May 26,2021Iran Air, the national flag carrier, plans to employ blockchain technology for domestic ticket sales in collaboration with an unnamed Iranian tech partner. The blockchain-based tickets, known as...
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May 26,2021Tehran Stock Exchange on Wednesday will host the first initial public offering from Kourosh Food Industries (KFI), one of the biggest food producers in Iran. KFI is the third company to make...
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May 26,2021Tehran stocks closed Tuesday higher bucking a 7-day losing trend amid gains in most commodity and large cap stocks. The main index of Tehran Stock Exchange, TEDPIX, gained 9,748.42 points or 0.9...
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May 25,2021The government intends to sell property and shares in state companies worth 1,000 trillion rials ($4.5 billion) in fiscal March 2021-22, the economy minister said. Speaking at a meeting with...
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May 24,2021Media outlets on Monday published a letter signed by Mahmoud Vaezi, President Hassan Rouhani’s the chief of staff, in which the Central Bank of Iran has been asked to stop blocking cryptocurrency...
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May 25,2021Tehran stocks closed on Monday in negative territory as unrelenting sell-off continued to pull down prices amid lack of demand. Extending seven sessions of the losing streak, the main index of...
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May 24,2021The Foreign Ministry on Monday dismissed allegations by Bahrain that Iranian banks had been involved in money laundering, saying the charges are politically motivated. Last week Bahraini news...
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May 25,2021Brokerage companies in Iran’s capital market processed less deals in the last Iranian month to May 21 amid low liquidity of stocks. Stock brokers processed shares worth 1,380 trillion rials ($6.2...
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May 24,2021Tehran stocks plummeted on Sunday to levels a year ago with the Tehran Stock Exchange main index giving away 1.8%. Following a sharper decline in large caps, the TEDPIX shed 20,303.42 points to...
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May 23,2021More than 2.92 million tons of goods worth 406 trillion rials ($1.8 billion) were traded at the Iran Mercantile Exchange in the last Iranian month to May 21. The deals increased 6% in volume and...
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May 24,2021Check transactions and bad checks declined in the month ending April 21 soon after the new check law came into effect. More than 6.9 million checks worth 1,480 trillion rials ($6.7 billion) were...
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May 23,2021Even though most megaprojects in Iran are reinsured by domestic firms, there are projects with Chinese investments covered by their own reinsurance companies, head of the Central Insurance company...
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May 22,2021In a bid to alleviate the power shortages that have led to rolling blackouts the Iran Power Generation, Distribution and Transmission Company (Tavanir) has told cryptomining units to suspend their...
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May 22,2021More than two weeks after the government ratified measures to try and lift the crippled stock market, nervous investors continue to withdraw money from the bourse fearing more losses lie ahead....
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May 22,2021Check transactions and bad checks declined in the month ending April 21 soon after the new check law came into effect. More than 6.9 million checks worth 1,480 trillion rials ($6.7 billion) were...
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May 21,2021The board of directors of the Central Bank of Iran has warned about consequences of the new legislation related to the banking and monetary system. In a meeting late on Wednesday, the board...
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