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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December 28,2021The Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Monday unveiled an electronic platform for issuing smart commercial cards. The Minter of Industry Reza Fatemi Amin,... -
December 28,2021The Energy Ministry has announced new rules for supplying cryptominers electricity generated from renewable power plants. “Legal miners can enter into agreements with renewable power plants at...
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December 26,2021The government is to sell a part of its shares in Tehran's two main football clubs, Esteghlal and Persepolis, in an initial public offering slated for next February, head of the Iran Privatization...
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December 26,2021Iran Insurance Company, the largest and only firm owned by the government, has eight major projects in the pipeline to raise transparency of its operations cut losses. "We have developed special...
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December 26,2021Private business leaders met the Governor of Central Bank of Iran Ali Salehabadi on Sunday at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) to discuss their problems and...
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December 26,2021Tehran Stocks paused on Sunday bucking a rising trend that lasted for four sessions as investors tried to save past gains in the sideways market. The benchmark of Tehran Stock Exchange, TEDPIX,...
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December 25,2021Iran Power Generation, Distribution and Transmission Company, Tavanir, has asked authorized cryptomining centers to suspend their activities to prevent possible blackouts during winter. In a talk...
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December 25,2021The Central Bank of Iran has again called on banks to observe regulations governing interest on deposits. Lenders must pay 10%-18% on term deposits as per rules approved by Money and Credit...
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December 25,2021Tehran’s stock market opened trading week Saturday on a relatively stronger note, extending a winning streak into the fourth session. The main gauge of Tehran Stock Exchange, TEDPIX, gained 26,...
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December 25,2021Businesses borrowed 17,274.3 trillion rials ($57.5 billion) in the first eight months of current fiscal year (March 21-Nov 20). Compared to the same time last year, loans increased by 6,426.6...
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December 24,2021President Ebrahim Raisi has a positive view about regulating cryptocurrencies, said Mohsen Rezaei, the vice president for economic affairs, adding that new regulations would be finalized by April...
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December 24,2021The reported government move to eliminate forex subsidies for import of basic goods would pose importers with new liquidity problems, businesspeople say. The government has called for putting an...
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December 24,2021Goods and commodities worth an estimated 665 trillion rials ($2.2 billion) were sold in the spot market of the Iran Mercantile Exchange in the last calendar month that ended on Dec. 21. In value...
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December 24,2021After successive lukewarm weeks and underperformance, major indicators in Tehran’s stock market eked out robust gains in the week ending on Wednesday as sentiments were buoyed by fresh support...
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December 24,2021European companies can end contracts with Iranian firms pressured by US sanctions if upholding the deals would lead to "disproportionate economic loss," the EU's top court said on Tuesday, Reuters...
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December 24,2021The Central Bank of Iran has told banks and credit institutions to prepare the conditions to provide services to checkbook holders via automatic teller machines (ATMs). ATMs ease access to...
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December 24,2021Extending a winning streak into the third session, most companies in Tehran’s share market eked out gains at the end of trading week on Wednesday. The main index of Tehran Stock Exchange, TEDPIX...
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December 24,2021The bond auction held weekly by the Central Bank of Iran again failed to attract big investors on Tuesday despite offers of higher yields. The government put up 26.7 trillion rials ($90 million)...
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December 21,2021Major indexes in Tehran’s share market improved on Tuesday following the announcement of the government’s latest plan to help revive the struggling market. The benchmark of Tehran Stock Exchange,...
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December 21,2021The government is set to create a new fund to boost investment in development projects in the provinces. The new fund is forecast in the March 2022-23 budget, according to a press release seen on...
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December 21,2021The Iranian Privatization Organization has finalized plans to divest the remaining government shares in the Persian Gulf Petrochemical Industries Company (PGPIC), the IPO chief said. Citing the...
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December 21,2021Insurance companies reported 50% growth in the life insurance segment in the first eight months of the current fiscal year (started March 2021). The Central Insurance company of Iran, the...
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December 20,2021To help rescue the crisis-plagued stock market, the government has announced new measures to boost demand and improve profit-taking. The Economic Coordination Headquarter approved ten measures...
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December 20,2021Tehran stocks closed Monday in upbeat mode buoyed by fresh reports that the government has mobilized its energy to lift the struggling market. The benchmark of Tehran Stock Exchange, TEDPIX,...
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December 20,2021Iran Mercantile Exchange on Monday added three items to the repertoire of trading instruments of its derivative market. It launched copper futures and commodity-linked certificates of deposit for...
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