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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October 06,2019With US sanctions on the oil industry taking a toll on the economy, including the national budget, the government has again pledged to reduce dependency on oil exports to zero and prepare the next... -
October 06,2019Tehran stocks took a drubbing on Sunday as investors rushed to sell in order to save gains amid the prospect of a prolonged bear market. The main gauge of Tehran Stock Exchange dropped more than...
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October 05,2019Transactions conducted through Iran’s payment settlement network, Shaparak, stood at 2.30 billion worth 2.505 trillion rials ($21.88 billion) during the sixth calendar month to September 22. Based...
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October 05,2019Iran Mercantile Exchange plans to launch a pistachio futures contract in the coming week, a deputy at the IME said Saturday. According to Alireza Nasserpour, the first pistachio futures contract...
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October 05,2019A report by the Central Insurance company of Iran (CII), rating domestic insurers based on their risk retention capacity, placed the state-owned Iran Insurance Company at the top of list. ...
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October 05,2019Bank Maskan, the state-run agent bank of housing sector in Iran, granted 4,834 construction loans worth 3,659 billion rials ($31.95 million) to real-estate developers during the month ending Aug....
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October 05,2019Tehran stocks briefly touched the psychological level of 330,000 in early trading on Saturday, led by bank, pharmaceutical and auto shares, before reversing the course at the end of trading session...
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October 04,2019After Bank Mallet announced on Tuesday that it had received compensation from the UK there has been speculation around how the money was transferred to Iran given tough new restrictions on its...
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October 04,2019The stock market in Iran, for a long time dogged by US sanctions, has notched up a notable achievement: ranking among the world’s best performing over the past 12 months.
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October 04,2019In line with efforts to help promote corporate governance and protect the rights of bank depositors and shareholders, the Central Bank of Iran has announced restrictions on ownership of banks’...
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October 02,2019The national currency is 40% stronger than the last fiscal year (ended March 20), says Abdolnasser Hemmati, governor of the Central Bank of Iran. He made the statement in a note posted on his...
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October 02,2019The government plans to resume offering its remaining shares in state-owned companies after making some changes governing divestiture of state properties to private firms, the economy minister said...
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October 02,2019Bank Mellat received compensation it had demanded on the UK after the lender won a court case against the UK Treasury in June. In a letter to the Securities and Exchange Organization, the lender...
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October 01,2019During the calendar month to June 22, total deposits with banks and credit institutions reached 21,765 trillion rials ($190.09 billion), up 26.6% year-on-year. Total deposits grew 5.3% compared to...
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October 01,2019Eight more countries have decided to join the financial mechanism for trade with Iran, in addition to states that have been part of the mechanism, said Nathalie Tocci, an aide to EU High...
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October 01,2019Gold coin prices fell 30% in the past 12 months from 55 million rials last October to around 40 million rials now. Mohammad Keshti-Aray, president of the Specialized Gold and Jewelry Commission...
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October 01,2019Most symbol tickers of Tehran Stock Exchange began trading in green on Tuesday, with the benchmark rising more than 4,000 points, before making a U-turn in the late hours of trading.
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September 30,2019A new report has drawn on the data released by the National Census and the Statistical Center of Iran to review the pace of population growth and home ownership/tenancy during a 20-year period...
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September 30,2019Banks are set to dispose of assets to the tune of 600 trillion rials ($5.6 billion) by the end of the fiscal year (March 2020), a deputy minister of economy told a press conference on Monday. "...
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September 30,2019Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the monetary system and postponing it to the future will not help. Addressing the mounting...
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September 30,2019After a one-day hiatus, stocks resumed their rally on Monday with the benchmark of Tehran Stock Exchange TEDPIX climbing more than 2% to 324,705. TSE underwent a brief correction phase a day...
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September 29,2019The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level of their progress in digital banking, according to a CBI official familiar with...
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September 29,2019The Central Securities Depositary of Iran has published a list of the top 20 companies active in the Tehran Stock Market and the junior stock market, Iran Fara Bourse, in terms of market...
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September 29,2019Parsian Bank, one of the leading private banks in Iran, is planning to open five more branches in Iraq, the CEO told members of the Iran-Iraq Joint Chamber of Commerce. "We have permission to open...
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September 29,2019The number of property deals, together with home prices in Tehran decreased, for the second consecutive month, in the sixth month of the current Iranian year that ended on Sept. 22 compared with...
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