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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April 16,2019The Majlis has asked the government to eliminate the policy of compound interest rates in banks to help promote domestic production, and the Rouhani administration is expected to inform lawmakers... -
April 16,2019After recording a whopping growth of 5,700 points on Monday, the main gauge of Tehran Stock Exchange continued its upward movement on Tuesday. TEDPIX recorded a fresh record by entering the 202,000...
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April 16,2019The governor of the Central Bank of Iran announced in an Instagram post Sunday a plan to create a universal insurance fund to cover losses inflicted by natural disasters.
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April 15,2019Abdolnasser Hemmati says local banks have no plans for now to increase interest rates because of the state of the economy and bank sector challenges.
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April 15,2019After crossing all-time highs on Sunday, the stock market conquered new peaks Monday breaking through another resistance level. The fresh rally lifted the benchmark index TEDPIX 5,721.76 points...
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April 15,2019Having hosted eight crude oil auctions since last year, Iran Energy Exchange is adapting to the possible needs of potential customers with the belated advent of the black stuff to its trading...
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April 14,2019The Central Bank of Iran and the prosecutor general have agreed to freeze fraudulent bank accounts that collect people's donations for the flood victims, the spokeswoman of Majlis Economic...
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April 14,2019Stocks hit all-time closing highs on Sunday encouraged by the previous day's landmark point when the benchmark index TEDPIX crossed the 195,000 points after more than six months. TEDPIX rose 0.45%...
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April 14,2019During the annual meeting of the World Forum of Central Securities Depositories, the Central Securities Depository of Iran was appointed as a member of the WFC board of directors. The Korean...
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April 14,2019After previously limiting foreign exchange transactions in the United Arab Emirates, the Central Bank of Iran has reportedly reactivated the remaining channels there to help increase hard currency...
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April 13,2019Governor of the Central Bank of Iran says the government decision to withdraw money from the National Development Fund of Iran, the country's sovereign wealth fund, could be an opportunity to help...
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April 13,2019With last week's brief volatility behind, the currency market in Tehran experienced more stability on Saturday. The US dollar, which had surged above the resistance level of 140,000 rials last week...
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April 13,2019Latest figures provided by the Planning and Housing Economy Office of the Ministry of Roads and Urban Development show the average price of each square meter of a home in Iran's capital city,...
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April 13,2019The Tehran Stock Exchange opened the week on a strong note as the key index gained more than 1,000 points, mainly lifted by small and medium-size stocks. Tehran Stock Exchange’s main index TEDPIX...
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April 13,2019The prosecutor general of western Ilam Province said Saturday medical centers which don’t abide by the law on using point of sale (POS) devices will be shut down.
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April 12,2019The benchmark Bahar Azadi Gold Coin that traded at 52.50 million rials ($375) in Tehran during the week, lost more than 7% by Thursday's market close and fetched 48.40 million rials ($345),...
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April 12,2019Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates. According to Fars News...
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April 12,2019Bank-affiliated exchange bureaux are required to cut the cost on money transfers in order to facilitate currency deals in banknote and hawala, the Central Bank of Iran reported on its website. ...
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April 12,2019The Central Securities Depository of Iran (CSDI) has put forward a proposal to boost collaboration among the members of the Asia-Pacific Central Securities Depository Group (ACG). It was welcomed...
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April 12,2019Since the beginning of the current fiscal (March 21) to April 10 an estimated €420 million plus was deposited with Nima (Integrated Forex Rate System). The amount includes both Central Bank of Iran...
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April 10,2019The Central Bank of Iran has put in place the infrastructure for launching a new mechanism to distribute essential goods eligible for subsidized currency. The system operates using only national ID...
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April 10,2019Iran Fara Bourse main index touched new highs in the financial year that ended on March 20. According to a press release by IFB, the benchmark index IFX gained more than 100% in the previous year...
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April 10,2019Iran stock indexes are approaching historic highs. As of closing of trading on Wednesday, Tehran Stock Exchange's main gauge TEDPIX was up 1.87%. Iran Fara Bourse’s main index IFX had jumped 40.21...
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April 09,2019A new round of crude oil offer on the Iran Energy Exchange ended Tuesday without any trade. The offer was the eighth of its kind and the first in the new fiscal that started on March 21. ...
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April 08,2019CEO of the National Development Fund of Iran, the country’s sovereign wealth fund, has outlined the roadmap for the fiscal year that started on March 21. Morteza Shahidzadeh stressed the need to...
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