Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects. In the first stage of the initial…
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.
The benchmark of Tehran Stock Exchange conquered a new channel of 290,000-point on Wednesday to close the trading week 1.6% higher. TSE surged on Wednesday as investors shun the stocks of…
The government-owned Iran Insurance Company plans to increase its capital from 34 trillion rials ($300 million) now to 100 trillion rials ($870 million) by the time the current calendar year is…
More than 1.42 billion transactions were processed via automated teller machines in the first three months of current fiscal year (started March 21). By the end of this period the number…
Central bank governors of Iran and Syria on Monday discussed bilateral banking issues and prospects for setting-up a joint bank to facilitate financial ties. The two sides reviewed…
Tehran stocks rebounded on Tuesday after a brief correction phase a day earlier, getting back to the upbeat trend that started two weeks earlier. The main gauge of Tehran Stock…
The number of trading codes issued for conducting trade in the capital market crossed 11 million by the end of the calendar month to August 22, according to the head of operations at the Central…
After five consecutive rallies, Tehran Stock Exchange declined on Monday as jittery investors forayed to sell shares in a bid to save gains piled up through a long spree of bullish market.…
The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous…
Tehran Stock Exchange rallied on Sunday for the fifth straight session with TSE's main index TEDPIX gaining 1,975.49 points, or 0.7%, to end trading session at 286,114.7. About 3.94…
Iran Fara Bourse’s main index IFX was up 304 points or 9% during the month to August 22 to stand at 3,579 points. This indicates 59% growth during the five months since the beginning of…
Iran’s external debt declined to $8.67 billion by the end of third calendar month to June 21, data from the Central Bank of Iran shows. The data, published on the CBI website, indicates a…
The tax collection system is obsolete and needs rewriting to find its proper place in the running of the economy, Iran’s top tax official said at the weekend. Omid Ali Parsa, head of the Iran…
The Export Guarantee Fund of Iran covered non-oil exports worth $1 billion in the first five months of the current fiscal year (started in mid-March), head of EGFI said. The figure shows 60%…
Governor of Central Bank of Iran says the bank has been working hard to reform the banking system long grappling with mismanagement and financial indiscipline. Addressing…
For the first time in months, home prices in Tehran have declined.
Exporters repatriated €7.19 billion of their overseas earnings from the beginning of the year (March 20) through late August. The amount was returned to the secondary foreign…
Monthly reports of Central Bank of Iran again speak of liquidity growth since the beginning of the present calendar year on March 20. The CBI’s latest report shows a 25.1% growth in…
Bank Keshavarzi Iran, the state-owned lender to the agriculture sector, plans to lend 520 trillion rials ($4.6 billion) to agriculture projects by next March, the bank CEO said.
In its new appraisal of risk retention capacity of domestic insurers, the Central Insurance company of Iran (CII) has changed the rank of two insurance firms. According to a report published on…
A report by the Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture indicates growing contribution of the capital market to financing companies. …
The Tehran Stock Exchange benchmark rallied again on Tuesday, extending a winning streak into the second day. After substantial gains on Monday, the main gauge of TSE soared 1.3%, adding more…
High octane gasoline weighing 3,000 tons was sold in the international ring of Iran Energy Exchange on Tuesday. It was offered by the National Iranian Oil Product Distribution Company at…
After several failed attempts to divest its remaining stake in state-affiliated companies to the private sector, the government is rewriting the rules and devising new methods to facilitate the…
The number of housing sales in the capital city, Tehran, during the month ending Aug. 22 slumped 74.3% compared with the same period of last year to a six-year low of 3,368, the news outlet of…
