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 10,2021One year after the Central Bank of Iran for the first time set a target for inflation, the bank governor Abdolnasser Hemmati late Sunday tried to explain why the target was a failure. In May 2020... -
May 11,2021The Securities and Exchange Organization, the stock market regulator, Monday restored the daily stock price limitation to where it was in February when it decided to control limit ups and downs to...
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May 10,2021The stock market in Tehran again opened Monday in negative territory before the main index of Tehran Stock Exchange, TEDPIX, creeped into the green later buoyed by price rise in a minority of large...
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May 10,2021Iran is pushing for its banking industry to be given guaranteed and conclusive sanctions relief at talks to restore the country’s nuclear deal with world powers. “The removal of sanctions against...
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May 10,2021Following years of judicial and legal wrangling over the process leading to the privatization of Haft Tappeh Sugarcane Agro-Industry Company, supervisory bodies reversed the controversial...
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May 10,2021Tehran’s share market extended its losing streak on Sunday as capital outflow continued and retail investors leave in bigger numbers. The main gauge of Tehran Stock Exchange, TEDPIX, lost 15,565....
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May 10,2021Experts and private sector representatives say the parliament needs to expand the scope of cryptocurrency regulations to cover crypto trade and restrain the bureaucracy tied to obtaining government...
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May 09,2021The Majlis Research Center says the banking sector is saddled with inherently weak but invisible balance sheets and the gap between banks’ income and expenditure has widened over time. Decline in...
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May 09,2021Tehran’s stock market opened trading week Saturday in negative territory as sell side pressure lingers and nervous investors disregard support measures announced by the government. The benchmark...
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May 09,2021Foreign exchange rates climbed on Saturday despite expectations that the prices would decline due to the diplomatic efforts in Vienna related to Iran’s nuclear agreement. The dollar was sold at...
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May 07,2021Forex and gold coin prices have become more sensitive to the rumor mills and reports about the outcome of the marathon nuclear talks between Iran and the five world powers in Vienna. Both markets...
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May 07,2021In three years from April 2018 to March 2021, an estimated 24,000 Iranian export companies returned their foreign earnings. They exported goods and services worth €70.2 billion in the period....
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May 07,2021The Central Bank of Iran on Thursday warned against rampant trade in cryptocurrencies following the deep recession in parallel asset markets. In a notice published on its website, it strongly...
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May 06,2021The Tehran Stock Exchange is planning to issue put option contracts for stocks of 13 large cap companies to support shareholders and reassure them that such stocks are valuable. TSE’s Capital...
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May 05,2021Iran Insurance Company, the largest player and the only firm owned by the government, will boost its capital by 200 trillion rials ($910 million). According to Risknews, the measure was proposed...
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May 05,2021Major foreign currencies are fast losing value in Tehran amid reported panic selling with the market regulator implying that further decline is on the way. Extending a long losing streak the...
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May 05,2021Iranian airports' domestic passenger traffic in the last fiscal year (ended March 2021) declined by 38% year-on-year, as 25.05 million passengers were transported by planes during the period, Iran...
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May 06,2021Tehran stock market closed trade Wednesday higher amid demand for banks, metal and petrochemical shares. Bucking three declining sessions, the main gauge of Tehran Stock Exchange, TEDPIX, gained...
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May 04,2021The possibility of removing banking sanctions and unfreezing billions in forex assets in foreign banks are the main reason behind the sharp decline in currency prices in recent days. In a press...
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May 04,2021Bank and credit institutions plan to allocate 1,000 trillion rials ($4.5 billion) in working capital loans to medium and small-sized enterprises, the governor of Central Bank of Iran said....
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May 04,2021The Economy Ministry's Financial Intelligence Unit has invited innovators and knowledge-based companies active in anti-money laundering compliance services to help the office develop smart...
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May 04,2021The Supreme Council of Economic Coordination gave the go-ahead to the government to implement a package of 10 measures to help bolster the depressed stock market. The council is an ad hoc body...
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May 03,2021The Central Bank of Iran in a notification to banks and credit institutions increased the official parity rates for converting banks’ forex assets into rials. Reportedly under pressure to bolster...
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May 03,2021Tehran stocks extended the bearish trend Sunday as sell-side pressure lingers and jittery investors rush for the exits. The main gauge of Tehran Stock Exchange, TEDPIX, lost 13,629 points or 1.14...
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May 01,2021Foreign exchange rates in Tehran dropped sharply on Saturday and pulled down the gold market. Struggling near 230,000 rials in early trade, the dollar lost the psychological level and closed at...
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