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May 14,2023
The new system for e-payment transaction fees has been well received by academia and experts who say it can help banks grow and develop much-needed modern infrastructure.
Albert Boghazian, an...
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May 14,2023
The Monetary and Banking Research Institute (MBRI) said the output of listed manufacturing companies has increased. In a report it reviewed the monthly performance of 280 companies in the Tehran...
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May 13,2023
Tehran Stock Exchange's main index, TEDPIX, lost 63,689.43 points or 2.80% on Saturday to end at 2,214,024.27 and the TSE equal-weighted index plunged 3.91%.
About 19.38 billion shares worth 129.4...
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May 13,2023
As a major shareholder of the Islamic Development Bank (IsDB), Iran is looking at new ways to contribute to increasing the bank’s capital, Economy Minister Ehsan Khandouzi told the IsDB Chairman...
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May 13,2023
Producers, exporters, and importers met with governor of the Central Bank of Iran, Mohammad Reza Farzin.
During the meeting, business owners expressed disappointment with the excessive fees bank-...
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May 12,2023
In a week marked by intense market turbulence, the Tehran Stock Exchange experienced a dramatic and historic decline, with the overall index plummeting over 235,000 points.
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May 12,2023
Data released by Shaparak, the company in charge of supervising the domestic e-payment network, show more than 143.5 million bank cards were used at least once during the first month of the current...
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May 12,2023
Mohammad Reza Farzin, the Governor of the Central Bank of Iran, said the CBI has started buying and selling currencies directly, to help accelerate the process of currency allocation.
In a...
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May 12,2023
The Central Bank of Iran reiterated its policy to reduce reliance on the US dollar in the domestic economy and trade with the outside world.
In a meeting in Tehran with Qais bin Mohammed Al Yousef...
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May 12,2023
Tehran Stock Exchange's main index, TEDPIX, lost 28,124.30 points or 1.22% on Wednesday to end at 2,277,713.14. The TSE equal-weighted index was down 2.24%.
About 20.83 billion shares worth 150.33...
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May 12,2023
The Iran Center of Exchange (ICE) allocated nearly $6 billion in the past two months for basic imports, Masoud Tavakoli, the deputy of Iran Center of Exchange, said.
"Subsidiaries of the Iranian...
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May 09,2023
Tehran Stock Exchange's main index, TEDPIX, lost another 8,570.26 points or 0.37% on Tuesday to end at 2,305,838.35. The TSE equal-weighted index dived 2.62%.
About 26.53 billion shares worth 187....
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May 09,2023
Mohammad Reza Farzin, the governor of the Central Bank of Iran, has warned exporters who have failed to return their forex earnings and said a special committee set up at the CBI is investigating...
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May 09,2023
The government said it will help fund half-finished projects by offering them to the public via the stock market as project-based companies, Economy Minister Ehsan Khandouzi said.
"The government...
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May 08,2023
Tehran Stock Exchange's main index, TEDPIX, lost 125,758.90 points or 5.15% on Monday to end at 2,314,408.37. The TSE equal-weighted index fell 4.40%.
About 14.4 billion shares worth 115.24...
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May 08,2023
An estimated 3.69 billion retail transactions were logged by the domestic electronic payment network Shaparak in the first month of the calendar year to April 21.
It processed an estimated 11,688...
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May 07,2023
Iran's insurance market reported decent growth in the last fiscal year (March 2022-23), with the total premium income reaching 1,754 trillion ($3.2 billion).
The y/y growth was 49.95%, according...
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May 07,2023
Tehran Stock Exchange's main index, TEDPIX, lost 95,068.83 points or 3.75% on Sunday to end at 2,440,167.52. The TSE equal-weighted index plunged 3.45%.
About 24.06 billion shares worth 182.84...
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May 07,2023
The Central Bank of Iran has told banks to raise fees for banking services in rial and electronic modes. It also unveiled a long-awaited fee model for transactions per which payment acquirers,...
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May 07,2023
Tehran Stock Exchange is set to list the first project-based company, an official said.
"The TSE has been focusing on project-based companies to strengthen the primary market and attract...
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May 07,2023
Tehran Stock Exchange's main index, TEDPIX, gained 20,562.49 points or 0.82% on Saturday to end at 2,535,236.56.The TSE equal-weighted index climbed 1.70%.
About 26.7 billion shares worth 200.53...
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May 07,2023
Interbank rates declined 0.07% last week after rising for several weeks, Central Bank of Iran data said.
Rates reached the highest levels in seven years in the previous weeks, According to...
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May 07,2023
The CEO of Tehran Stock Exchange Technology Management Company said that a domestically-developed trading system is expected to make debut by the end of this fiscal year in March. However "the...
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May 05,2023
Tehran Stock Exchange Company said it has received a verdict from the courts regarding the illegal possession and operation of 82 illegal cryptocurrency mining machines worth 25 billion rials ($61,...
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May 05,2023
Developing new tools and mechanisms to help private SMEs is among the main goals of the Securities and Exchange Organization, says the organization's chief.
"The banking sector now accounts for a...