Banks and credit institutions continue to reduce their local branches in the past three months, although the overall cuts are not significant, IBENA reported. A total of 23,395 branches…
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.
Iran’s floor area per person has increased to 27 square meters to equal that of Germany and France, up from 25 square meters in the fiscal 2006-7. The figures are lower than in Egypt,…
The value of trade in the Iran Energy Exchange (IRENEX) touched 171 trillion rials ($ 1.17 billion) in the last fiscal (ended March 20) – up 126% compared to the year before, the IRENEX boss…
The CEO of a newly registered Iranian reciprocal company for trade with Europe says the company is ready to launch its first trade with Europe, according to a notice on the Central Bank of Iran…
With the stock market making new inroads, the main index of the Tehran Stock Exchange for the first time climbed above 220,000 points on Wednesday to close the trading week 1.6% higher. …
The general price index of construction materials for residential units in Tehran rose 59.7% during the fourth quarter of the last fiscal year (ended March 20, 2019), compared with the preceding…
After registering a whooping growth of 5,623 points on Monday, which drove the main benchmark of the Tehran Stock Exchange 2.69% higher, stocks continued the rally on Tuesday. TSE’s main…
Iran's banks lent more than 7,737 trillion rials ($51.7 billion) in the previous fiscal (ended March 20). The amount was up 26% compared to the year before.
In a new round of oil offer on the Iran Energy Exchange, the Iranian National Oil Company sold 70,000 barrels of heavy crude on Tuesday. The company had offered 1 million barrels of heavy…
A mirror Iranian company has been founded to partner with the European trade mechanism, known as Instrument in Support of Trade Exchanges (INSTEX). The Special Trade and Finance Institute…
The 8th Conference on Monetary Policies and Banking & Production Challenges was held Monday to explore the root causes of the lingering economic challenges in Iran. The event was…
Amid uncertainty over's oil import possibilities from Iran after May 2 when the waivers to US sanctions on Iran are withdrawn, India’s state-run IDBI bank has stepped-up efforts in this…
The Central Bank of Iran is striving to find solutions to curb the galloping inflation rates with the help of workable and viable monetary policies.
CEO of the Export Guarantee Fund of Iran says the fund has taken special measures to shield exports from the negative impact of US sanctions. Afrooz Bahrami said the insurance coverage…
After small gains in Saturday’s trades, the Tehran Stock Exchange continued to rally on Sunday to break another record amid excessive demand for both small and big shares mainly in metal and…
New data released by the Central Bank of Iran indicate 3,423 homes were sold in Tehran in the first month of the current Iranian year (March 21-April 20) to register a 73.3% decline compared to…
Following a brief correction phase on Monday, stocks in Tehran Stock Exchange rebounded on Tuesday to push the main gauge of TSE 0.57% higher. TSE’s main index TEDPIX gained 1,153.49…
The regulated foreign exchange market that is slated to commence work by mid-May has already launched its pilot trade. According to details provided by IBENA website -- affiliated to…
A study by the Majlis Research Center, the R&D wing of the legislature, shows the security of investment declined slightly during the second quarter (June 21-Sep. 22, 2018) of the previous…
Iran Mercantile Exchange plans to expand its underlying assets based on new financial instruments, the IME chief said.
In response to the US decision to eliminate waivers on Iran oil sanctions, the French Ministry of Europe and Foreign Affairs announced in a notice that despite the move, the European finical…
Shaparak, the Central Bank of Iran-affiliated supervisory body in charge of payment settlements, has released its latest report for the month to March 20. It shows another upsurge in growth.
After entering a correction phase on Tuesday, the Tehran Stock Exchange market turned bullish again on the last day of trading week. TSE’s benchmark index, TEDPIX, soared 919 points on…
Despite apprehensions that currency rates would soar after US announcement on Monday that it was ending sanction waivers on Iran oil importers, the forex market response to the news remains…
Tehran Stock Exchange began Tuesday trade with selloff pressure in almost all equities, causing the market to shed 1,464 points. After significant gains on the first day of weekly trade,…
