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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March 07,2022The Central Bank of Iran governor on Sunday has urged the Majlis to approve provisions of the 2022-23 budget with minimal revenue deficit. Ali Salehabadi said an unbalanced fiscal budget will... -
March 06,2022The government started offering stakes in the two main football clubs, Esteghlal and Persepolis, on Sunday. Subscription started in the morning and within two hours Esteghlal sold 167,403,903...
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March 06,2022After months of promises and delays, the two main Iranian football clubs, Esteghlal and Persepolis, will go public on Sunday. People were asked to subscribe during a press conference held...
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March 05,2022Foreign exchange rates continued to slide Saturday in Tehran’s free market, mostly under the influence of positive reports on the Iran nuclear deal talks in Vienna. The dollar traded at 25,800...
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March 06,2022The managing director of Iran Fara Bourse, the junior equity exchange, says abrupt expansion of daily price spread in the stock market is not a wanted approach. “We are neither in favor of such...
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March 05,2022The Majlis has let the government settle parts of its debt to public and private entities by divesting it shares in state-owned companies. During a parliamentary debate on the 2022-23 budget, the...
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March 04,2022The supply of foreign currency at the secondary foreign exchange, known as Nima, has increased by 66% in the past 11 months ending Feb. 19 compared with the corresponding period of last year. ...
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March 04,2022New rules governing check transactions have been apparently efficient in reducing bad checks, a lawmaker said, citing data released by the Central Bank of Iran. According to Nasrollah Pejmanfar,...
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March 04,2022The price of US dollar and other major foreign currencies declined in Tehran’s market on Friday, after posting stability in the past week. The dollar lost more than 1.14% against the rial and was...
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March 04,2022The Central Bank of Iran’s injection of funds in the interbank market under open market operation (OMO) has reached unprecedented levels this week. Under CBI’s expansionary policy to control...
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March 02,2022Permission for cryptomining in Iran will henceforth be given only to miners using renewable energy, the Ministry of Industries, Mining and Trade said on Wednesday. Authorized miners can resume...
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March 02,2022The domestic payment and settlement network, Shaparak, has instructed payment facilitator companies to suspend 200,000 online gateways from the nationwide network because of nonpayment of taxes. ...
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March 02,2022The benchmark of Tehran Stock Exchange, TEDPIX, showed positive signs on Wednesday only to fall back into negative territory in the closing hours. The market cap-weighted TEDPIX lost 780...
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March 02,2022The Thermal Power Plant Holding Company plans to sell salaf contracts worth 22.7 trillion rials ($84 million) to finance electricity generation projects, the company’s head of budget and resources...
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March 02,2022The government sold 22.4 trillion rials ($86 million) bonds in the last auction held by the Central Bank of Iran on Tuesday. Bonds were purchased mainly by retail and institutional investors in...
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March 01,2022The Central Bank of Iran unveiled an electronic platform on Monday to “facilitate” supply of currency to retail buyers. The platform is operated by Iran’s regulated market, officially known as...
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March 01,2022Following an announcement by the Money and Credit Council, the Central Bank of Iran on Monday issued guidelines for the issuance of bonds by banks and credit institutions. MCC, the top banking and...
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March 01,2022Rules for cryptocurrency exchanges are expected to be finalized in the near future, a lawmaker said. "There are several methods under consideration for the work of crypto exchanges. We have set...
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March 01,2022A new chief has been appointed to the Central Insurance company of Iran, the sector's regulatory body, months after the resignation of the previous CEO.
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February 27,2022The government will repay its 890 trillion rials ($3.4 billion) debt to the Social Security Organization by transferring shares to the organization, managing director of the SSO said. Mirhashem...
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February 27,2022Mostf blue chips in Tehran’s share market were under sell- side pressure on Sunday with investor attention focused on small caps. The market cap-weighted benchmark of Tehran Stock Exchange,...
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February 27,2022Ten percent of shares held by the government in Tehran's two main football clubs, Esteghlal and Persepolis, will be sold via the Iran Fara Bourse (IFB) on March 6, head of the Iran Privatization...
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February 26,2022The Central Bank of Iran's executive board has approved a framework for the regulatory sandbox. The sandbox will operate under the supervision of a strategic council in charge of setting...
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February 26,2022The state-owned Bank Maskan - the main housing lender - is coming out of the red and poised to make a profit fiscal 2022-23, a board member said. On its financial performance, Mohsen Fazelian...
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February 26,2022The derivatives market of the Iran Mercantile Exchange hosted deals worth 150 trillion rials ($576 million) in the first 11 months of the current fiscal to Feb. 19. Deals included 6.1 million...
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