The National Development Fund of Iran (NDFI) has warned that it will block bank accounts and seize the property of borrowers to claim unpaid debt, the deputy for legal and parliamentary affairs…
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.
Bond sale by the government weakened again this week as the main buyers, namely banks and institutional investors in the stock market, opted out. The government hardly made 100 billion rials ($…
Tehran Stock Exchange’s main index, TEDPIX, gained 9,662.05 points or 0.74% on Tuesday to end trade at 1,313,582.38. About 4.96 billion shares worth 28.02 trillion rials changed hands at TSE for…
Integration of Iranian and Russian bank card networks is expected to be completed early next year, the Minister of Economy Ehsan Khandouzi said in Tehran on Monday. “The two sides have reached…
Iran Fara Bourse (IFB) on Tuesday officially introduced the first real estate investment trust (REIT) to help the struggling housing sector. According to Aref Aligholipour, the head of IFB…
The Tehran Stock Exchange is planning to offer put options for stocks of 15 large cap companies to support shareholders and reassure them that such stocks are safe. TSE’s Capital Market…
Redefining the role of specialized banks is a crucial need given the country’s current economic and financial conditions, the manager of public relations and customer affairs of the Bank of…
The Tehran Stock Exchange main index, TEDPIX, lost 1,162.83 points or 0.09% on Monday to end trade at 1,303,920.39. About 4.26 billion shares worth 23.8 trillion rials ($82.08 million) changed…
Electronic payments processed by Iran’s domestic payment network Shaparak grew 14.8% in the first half of the current fiscal year (started March), compared to the same period last year.
The government will sell some of its shares in the Persian Gulf Petrochemical Industries Company (PGPIC) and Sabzevar Pars Steel Complex, the Iranian Privatization Organization said. The block…
Tehran City Council has ratified a motion allowing Tehran Municipality (TM) to raise 35 trillion rials ($110.4 million) in participatory bonds for streamlining public transportation in the…
The main index of Tehran Stock Exchange, TEDPIX, lost 11,638.50 points or 0.88% on Sunday to end trade at 1,305,083.01. About 4.96 billion shares worth 25.9 trillion rials ($89.3 million)…
Since the beginning of the calendar year in late March banks and credit institutions gave 990 trillion rials ($3.12 billion) loans to help encourage youth marriage and childbirth and support…
The TSE's main index TEDPIX gained 2,868.14 points or 0.22% on Saturday to end trade at 1,316,721.11. About 4.77 billion shares worth 37.77 trillion rials ($130.24 million) changed hands at TSE…
The Central Securities Depository of Iran (CSDI) says it has prepared a special platform to ease the way for shareholders to put up securities as collateral for bank loans, however, "It is for…
The Economy Ministry paid the principal and interest on bonds worth 931.4 trillion rials ($2.84 billion) up until October 4. More than 700 trillion rials ($2.13 billion) was the principal and…
Tehran’s share market suffered another weekly loss in the last trading session on Wednesday. The Tehran Stock Exchange main index, TEDPIX, lost 32,726 points or 2.4% during the week to…
It has been decided that multiple grace periods on unpaid loans will be discontinued, the National Development Fund of Iran (NDFI) said. The rare decision came during a meeting between the NDFI…
The Central Bank of Iran has sent an ultimatum to all banks to comply with interest rates on deposits approved by the Money and Credit Council, the top decision-making body of financial markets…
The Renovation Organization of Tehran (ROT) is planning to launch a new housing scheme via the Iran Mercantile Exchange (IME) using salaf contracts backed by one square meter of a housing unit.…
The Central Bank of Iran has required licensed currency exchange bureaus to report buy/sell rates shown on their electronic boards also on a central e-platform accessible to the public.
The TSE's main index TEDPIX lost 3,311.67 points or 0.25% on Monday to end trade at 1,318,714.22. About 3.92 billion shares worth 23.97 trillion rials ($82.67 million) changed hands at TSE for…
The increasing number of fraudulent medical claims has emerged as a challenge for insurers and experts say electronic prescriptions plus data sharing platform can help tackle the problem.…
The Tehran Stock Exchange main index TEDPIX lost 8,853.01 points or 0.67% on Sunday to end at 1,322,025.84. About 7.98 billion shares worth 25 trillion rials changed hands for the day. Trading…
Listed companies paid 96 trillion rials ($302 million) in dividends in the last calendar month (ended Sept. 22). According to data released by the Central Securities Depository of Iran (…
