Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial. The…
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.
Listed companies in the Tehran Stock Exchange closed trading day mostly in red on Tuesday as investors were disheartened by the sharp fall in the forex market. The massive selloff…
The remaining shares of government in Shiraz Oil Refining Company and Alborz Insurance Company were offered in the stock market but had no buyers. As per earlier announcements by Iran…
Insurance companies have stopped offering third party vehicle insurance to new vehicles produced by SAIPA, Iran's second-largest automaker, due to the carmaker’s pattern of failure to settle its…
Stocks continued to rally on Sunday for the third session in a row amid rising demand for shares of major mineral, petrochemical and refinery companies plus selloff pressure in auto stocks.…
In line with concerted government efforts to support manufactures, banks plan to lend 300 trillion rials ($2.3 billion) to small and medium-sized enterprises in the current fiscal year that ends…
Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market.
Tehran Stock Exchange start trading week in positive territory amid rising demand for mineral and refinery stocks and weak performance of metal stocks. The main gauge of TSE TEDPIX…
The long-awaited regulated foreign exchange market is ready for launch but is waiting for the opportune inauguration time in order to have the best possible impact on the forex market, the CEO…
Iran Fara Bourse, the junior stock market for trading equities in Tehran, registered a 75% growth in market capitalization in the last fiscal year (March 2018-19) compared with the last trading…
As home prices continue to rise, the housing sector has resorted to banks to help restore the ailing industry hit by stagflation. Bank Maskan, the state-run housing lender is working on a…
The European Union says more nations, both from in and outside the EU, have announced willingness to join the financial mechanism, known officially as Instrument in Support of Trade Exchange (…
The latest data on the participatory bonds market in the last fiscal year (ended March 20, 2019) indicate that government and municipalities sold about half of the bonds issued during the…
The Energy Ministry has agreed on a tariff for electricity used in cryptocurrency mining, the head of Iran Electrical Industry Syndicate said. “The ministry has proposed the rate of 7 cents for…
The latest data released by the Central Bank of Iran indicate that total liquidity crossed 18,828 trillion rials ($144.8 billion) by the end of the last fiscal year (ended March 20, 2019).
Cheered by the seasonal performance report of listed companies, stocks in Tehran’s market continued to extend earlier gains on Monday, amid the weak performance of world stocks.
Iran’s overseas debts have declined from $10.03 billion reported at the end of the fiscal third quarter (Dec. 21, 2018) to $9.3 billion by the end of the fourth quarter (March 20, 2019),…
Following a brief correction phase on Saturday, Tehran Stock Exchange clawed back into positive territory on Sunday as the massive selloff pressure abated and investors’ sentiment was boosted by…
The performance of Export Guarantee Fund of Iran in covering export risks has grown 102% during the first quarter of the current fiscal year (started March 21), compared with the corresponding…
Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy market. …
After leaving behind a relatively tepid week, stocks in Tehran’s market began trading week in negative territory, amid selloff pressures over a wide range of equities. The main gauge of…
The Special Trade and Finance Institute, the Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange (INSTEX), is testing the payment…
The Central Bank of Iran is working on plans to adjust policies regarding working capital granted to manufacturing units to ensure the loans are actually used for boosting production and staving…
With summer comes new demand for rental housing in Iran. Although the pace of price hike in the rental market was slower than that of housing purchase prices, experts expect landlords to…
The foreign exchange rate in Integrated Forex Deals System (Persian acronym for Nima) has been hiked in recent months to come closer to the rates quoted on the Sana website that reports the…
