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 14,2021The average goods and services Consumer Price Index of “education” in the 12-month period ending June 21, which marks the end of the third Iranian month of fiscal 2021-22, increased by 22.3%... -
July 14,2021More than 7 million tons of essential goods have piled up in the ports and customs offices across the country, says deputy head of the Islamic Republic of Iran Customs Administration, Mehrdad Jamal...
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July 14,2021Forex rates declined on Wednesday in Iran as positive reports about Iran’s access to its overseas frozen assets weakened sentiment in the currency market. The dollar lost more than 1.2% or 3,000...
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July 14,2021Banks and credit institutions paid 4976.9 trillion rials ($20.2 billion) in loans to businesses in during the first three months of the current fiscal year that started on March 21. The lending...
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July 14,2021The government has bought a total of 3.55 million tons of wheat worth 180 quadrillion rials ($721.87 million) from local farmers across the country so far this crop year, which shows a 30% decline...
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July 14,2021The Central Bank of Iran has published rules for the establishment of credit rating firms. The companies are required to analyze clients' financial records and provide them reports on the...
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July 14,2021After rallying two sessions in a row, Tehran stocks went into correction phase on Tuesday as the benchmark of Tehran Stock Exchange failed to advance above the resistance level of 1.3 million point...
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July 14,2021Banks and credit institutions lent 127 trillion rials ($520 million) to 558 knowledge-based companies in the first three months (March 21-June 21) of the current fiscal year. Data released by the...
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July 14,2021The Securities and Exchange Organization is set to revise trading fees it charges investment funds to improve their efficiency. According Meisam Fadaee, the SEO deputy for supervising financial...
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July 12,2021Deals worth 187.3 trillion rials ($780 million) were handled in the spot market of the Iran Energy Exchange (IRENEX) in the first three months of the current fiscal year (March 21-June 21), the...
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July 12,2021The Majlis Commission for Article 90 has asked the economy minister to provide details of the megamerger involving five military banks and the state-owned Bank Sepah in December.
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July 12,2021Building on recent gains, Tehran stocks jumped on Monday to post the highest level in 71 sessions boosted largely by blue chips. The benchmark of Tehran Stock Exchange, TEDPIX, gained 19,077...
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July 12,2021A senior banker said economic and monetary authorities need to take into account the viability and practicality of their policies when setting economic targets. “Setting and publicizing targets is...
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July 12,2021Lawmakers are studying a proposal by the government and the Central Bank of Iran to slash four zeros off the national currency and switch the national currency from the rial to toman. "The...
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July 12,2021Iran Power Generation, Distribution and Transmission Company (Tavanir) shuts almost 50 illegal crypto farms every day as it tries to alleviate the worsening power shortages, the company spokesman...
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July 12,2021President Hassan Rouhani on Sunday instructed the Central Bank of Iran to improve transparency in allocating foreign currency for imports. “The CBI must make public data on forex disbursements...
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July 12,2021Tehran stocks recovered from losses in the past two sessions making a comeback on Sunday amid price surge in most stock categories. The benchmark of Tehran Stock Exchange, TEDPIX, most of the...
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July 12,2021To streamline tax regime and improve collections, the Central Bank of Iran says about 8.5 million point-of-sale terminals and payment gateways are now connected to electronic portals of the Iranian...
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July 11,2021The Central Bank of Iran issued an update Saturday on interbank lending rates indicating that the rates are of the declining order. It said the rate now is 17.95% down from 18.12% registered...
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July 11,2021Tehran Stocks opened trading week Saturday under renewed sell-side pressure in most large listed companies while penny stocks traded moderately. The market-cap weighted benchmark of Tehran Stock...
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July 11,2021Top economic officials from South Korea and the United States reached agreement over cooperating on the issue of Iran's funds frozen in Seoul, the South Korean Finance Ministry said.
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July 11,2021As per the new tax rules, value added tax on gold trade will be levied only on services, profit and fees, the vice president of Tehran Gold and Jewelry Union said. According to Mohammad Kashti-...
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July 09,2021Banks and most government offices are cutting working hours following widespread power shortages that has gripped the country as temperatures rise. The public relations office of the Central Bank...
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July 09,2021New rules on capital gains tax (CGT) were discussed by tax authorities, lawmakers and economists at a meeting organized by the Economy Ministry on Wednesday. Outlines of the rules were approved by...
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July 09,2021Tehran’s stock market has been bullish in recent days indicating that it is recovering from a bearish trend that lasted for almost a year. Benchmark of Tehran Stock Exchange eked out a 2% gain on...
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