Iran's insurance market logged noteworthy growth in the first 11 months of calendar year (ended Feb 19), with the total insurance premiums reaching 1,546 trillion ($3.09 billion). The y/y…
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.
Interbank rates continued to climb last week reaching the highest level in seven years. According to EcoIran Web TV, rates were up 0.1% during the week to April 5 to reach 23.46%.
Lawmakers have voiced support for the Central Bank of Iran following the latter’s move to implement new restrictions on the allocation of cheaper foreign currency. The CBI last week…
An estimated 4.23 billion retail transactions were logged by the domestic electronic payment network Shaparak in the 12th month of the calendar year to March 20. Business via the major company…
Tehran Stock Exchange's main index, TEDPIX, gained 18,359.93 points or 0.87% on Wednesday to end at 2,137,464.90. The TSE equal-weighted index jumped 2.09%. About 20.24 billion shares worth 128…
The overall value of checks rejected in the month to February 19 shot up 30.08% compared to the earlier month to reach 470 trillion rials ($1.04 billion).
By the end of the month the…
Tehran Stock Exchange's main index, reached its highest level on Tuesday. TEDPIX, gained 29,154.82 points or 1.40% on Tuesday to end at 2,119,105.89.
The Iranian Center for Exchange (ICE), a recently-established market under the auspices of the Central Bank of Iran, started offering gold coins on Tuesday. According to a press release seen on…
The government sold 448.7 trillion rials ($879.8 million) bonds in the 43rd weekly auction -- the highest in the last fiscal year that ended on March 20. Bond auctions are held by the…
The Central Bank of Iran said moneychangers and banks can henceforth sell currency only up to €2,000 to each Iranian in one year, lowering the cap from €5,000. Last month the CBI said selected…
Tehran Stock Exchange's main index, TEDPIX, gained 11,239.59 points or 0.54% on Monday to end at 2,089,951.31 and the TSE equal-weighted index climbed 1.32%. About 18.84 billion shares worth…
The International Court of Justice (ICJ) has ordered the United States to pay compensation to Iranian companies after ruling that Washington had illegally allowed courts to freeze their assets…
Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20.…
Russia and Iran continue to work on the integration of Russia's Mir payment system with Iran's Shetab through specialized agencies, the director of the Economic Cooperation Department of the…
Tehran Stock Exchange's main index, TEDPIX, gained 38,000.81 points or 2.13% on Wednesday to end at 1,820,990.03. The TSE equal-weighted index gained 2.43%. About 20.31 billion shares worth…
The Central Insurance of Iran, the regulatory body of the sector, has signed an agreement with the Iran National Innovation Fund and the Iran Biotech Development Council to launch a fund for…
Iran’s Energy Ministry has required owners of cryptomining hardware to register data related to themselves as well as the location of their devices in the Comprehensive Trade System of the…
The head of Iran Consulting and Credit Rating Company says a new credit rating system will be unveiled in the next few months. "The new system assigns a score to each Iranian individual, which…
The Securities and Exchange Organization of Iran plans to expand the limit of daily price spread in the stock market by at least 10%. Majid Eshqi, the head of SEO, made the announcement and…
Tehran Stock Exchange's main index, TEDPIX, lost 1565.65 points or 0.09% on Monday to end at 1,781,632.05. The TSE equal-weighted index dipped 0.1%. About 12.447 billion shares worth 80.996…
A report by Shaprak Company, the body in charge of supervising Iran’s domestic payment network, ranked business sectors in terms of retail transactions and the average value of transactions.
Iran's Securities and Exchange Organization (SEO) says it will strive to reform market regulations and procedures to address discrepancies and improve transparency to help attract investors to…
Tehran Stock Exchange's main index, TEDPIX, lost 33,542.46 points or 1.85% on Sunday to end at 1,783,197. The TSE equal-weighted index tumbled 1.75%. About 12.65 billion shares worth 85.35…
Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar was quoted at 425,000 rials on Sunday in the open market, down 3.19% from the previous day's…
Iran and Iraq are holding talks for the release of blocked Iranian assets in the Arab country. According to Yahya Al-e Es’haq, head of the Iran-Iraq Joint Chamber of Commerce, the ongoing talks…
