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.

  • CBI Expected to Lift Crypto Ban
    When the Central Bank of Iran announces its new regulatory frameworks concerning virtual currencies, it is expected to lift a previous blanket ban on cryptocurrencies. Nasser Hakimi, CBI's deputy...
  • Turkish Carriers to Fill Void After Europeans Halt Flights to Iran
    The decision of European airliners to halt flights to the Iranian capital Tehran in September has...  
  • Amendments to New FX Policy Introduced
    New amendments were introduced into Clause V of the government’s new foreign currency policy on imports during a Cabinet meeting held last week.  Under Clause V, goods imported after the...
  • Cryptocurrency Document Drafted
    The draft of the document on the national Cryptocurrency has been prepared at the behest of President Hassan Rouhani, an official at the National Cyberspace Center said. Saeed Mahdiyoun also told...
  • High Cost of Living Hassles Tehranis
    High cost of living, residents’ inability to save money, frantic pace of inflation and the ever-rising population of people living in poor neighborhoods are some of the hardships people living in...
  • Forex Trade Rises on Back of Revised  Policies
    Latest figures from transactions conducted in the Central Bank of Iran's online system for foreign currency deals as well as those handled by exchange shops show that both payment orders and cash...
  • Domestic Airports Witness Fall in Passenger, Cargo Transportation
    A total od 115,647 domestic and international flights were carried out via Iranian airports in the first...  
  • TEDPIX Loses 567 Points
    Tehran Stock Exchange’s main index lost 567.23 points or 0.41% on Saturday to end trading at 136,343.4. About 1.45 billion shares valued at $51.6 million changed hands at TSE for the day. Trading...
  • Iran Holdings’ Association Formed
    An association has been formed “for building a culture of negotiation among 45 Iranian holdings and improving their synergy and bargaining prowess at the national level”, chairman of the newly-...
  • Top US Banks Against Iran SWIFT Embargo
    Two top American financial institutions would not commit to cutting Iranian access to international financial markets, a cornerstone of the new anti-Iran sanctions of US President Donald Trump's...
  • CBI Sets FX Deposit Terms
    The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns...
  • 29% Rise in Mouteh Gold Output
    Mouteh Gold Mine produced 175 kilograms of gold ingots during the first four months of the current fiscal year (March 21-July 22), registering a 29% growth compared with last year’s corresponding...
  • Arvand Airlines to Conduct Daily Flights From Maku FTZ
    A memorandum of understanding has been signed between Maku Free Trade Zone and Arvand Airlines on Monday for the company to fly between the FTZ and the two Iranian major cities of Tehran and...
  • Iran, Italy Maintain Banking Ties Despite Sanctions
    Albeit facing many barriers at a low level, banking ties between Iran and Italy have not been fully severed despite the fact that the first round of US sanctions has snapped back, the president of...
  • CBI Signals Rate Hike
    The Central Bank of Iran has sent another signal that it is about to raise interest rates.  It has allowed banks and credit institutions to renew one-year deposit contracts that had been struck...
  • TSE Records All-Time High Monthly Growth
    The last Iranian month (ended Aug. 22) was replete with good news for the stock market, as Tehran Stock Exchange's main index, TEDPIX, rose to the unprecedented height of 136,960.6, registering a...
  • TEDPIX Trade Ends 0.12% Lower on Tuesday
    Tehran Stock Exchange’s main index lost 163 points or 0.12% on Tuesday to end trading at 136,910.6. About 1.58 billion shares valued at $52.31 million changed hands at TSE for the day. Trading at...
  • Europe Looks to Bypass Iran Payment Embargo
    Europe should look to bypass US payment systems by creating its own financial channels on the lines of a European monetary fund and international bank transfer system like SWIFT, Germany's foreign...
  • USD Back  on Sana
    After the temporary removal of the US dollar from Sanarate.com, the website that records the average exchange rate of foreign currencies from across the exchange bureaux, the greenback has found...
  • Sanctions, Banking Troubles Facing Iranians in Hong Kong
    Banking for companies that do business with Iran–as well as for Iranians themselves–is likely to get even more complicated in the near future.  This month, a first round of US sanctions was put...
  • New Iranian Company Repairs Passenger Wagons
    Novin Sanat Raja Company, a subsidiary of Raja Railway Transport Company, officially started its activity on Sunday. The newly-founded company specializes in the repair, renovation and maintenance...
  • TEDPIX Gains 2,718 Points
    Tehran Stock Exchange’s main index gained 2,718.23 points or 2.02% on Monday to end trading at 137,073. About 1.90 billion shares valued at €78.92 million changed hands at TSE for the day....
  • CBI Moves to Sideline USD
    As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website reporting...
  • Gov’t to Build  2 New Towns
    The Iranian government will commence the process of building two new towns in the southern Chabahar County in Sistan-Baluchestan Province from next week, the newly-appointed CEO of the New Towns...
  • Optimism Over Prospects of Iran Stocks Performance
    The latest Consensus Earnings Report shows the price to earnings (P/E) ratio of Iranian stocks has dropped to its lowest level in nine months, although growth in profitability has boosted optimism...

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