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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August 28,2019In 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... -
August 28,2019Bank 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. Speaking to the...
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August 28,2019A 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...
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August 27,2019After 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...
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August 27,2019High 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 a base...
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August 27,2019The 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 the...
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August 27,2019The 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 than...
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August 26,2019The slowdown in the monthly rise in housing price levels is believed to be behind the disinflation registered for the Iranian month ending Aug. 22. The overall CPI (using the Iranian year to...
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August 26,2019Total deposits with Iranian banks and credit institutions stood at 21,311.2 trillion rials ($190.27 billion) at the end of the second calendar month to May 21, according to a report by the Central...
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August 26,2019After a one-day hiatus, stocks made a big leap forward on Monday amid signs of positive political developments and monthly financial records of listed companies. The main gauge of Tehran Stock...
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August 26,2019Sailing in calm waters since the beginning of the calendar year (mid-March), the currency market witnessed another fall at the start of the business week in Tehran on Saturday. On Monday the...
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August 25,2019Governor of the Central Bank of Iran says people are more optimistic now about the improving economic conditions than they were six months ago. Referring to efforts to enhance domestic production...
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August 25,2019Out of a total of 341 million cards issued by Iranian banks by the end of calendar month to July 22, card holders conducted at least one transaction with 101.2 million cards during the month. In...
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August 25,2019The main gauge of Tehran Stock Exchange fell more than 760 points on Sunday as investor sentiments for buying shares abated following a weeklong bullish market. TSE’s main index TEDPIX declined 0...
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August 24,2019Iranian National Tax Administration said Saturday that it is giving defaulters until the end of current calendar year (March 20) to clear their liabilities. According to INTA cheif, Omid Ali...
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August 24,2019While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done. The primary problem is that in most, if not all, cases there are no...
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August 24,2019Amid investor enthusiasm about monthly financial reports of listed companies, benchmark of the Tehran Stock Exchange soared more than 1.4% on Saturday. Despite high demand for a wide range of...
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August 23,2019In a comparative study the Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture has probed the experience of currency redenomination in other countries and...
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August 23,2019State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal year...
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August 23,2019The Central Securities Depositary of Iran has published a list of the biggest industries active in the capital market in terms of their trading value up until late July.
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August 23,2019President Hassan Rouhani is scheduled to launch a project for the construction of 150,000 homes of the so-called “National Initiative to Build and Deliver Homes” via video conferencing this week...
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August 21,2019President Hassan Rouhani sent the rial redenomination bill to the Majlis on Wednesday for debate. As per the ‘Reforming Monetary and Banking Law’ bill, four zeros will be shaved off the national...
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August 21,2019The main gauge of Tehran Stock Exchange climbed 1.2% Wednesday to end trading week at 266,000 points. As seen in the past few days, trade was dominated by small and medium sized stocks on...
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August 20,2019CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making.
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August 20,2019Austria’s ambassador to Iran visited the Tehran Stock Exchange on Monday, news outlets reported.
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