The Governor of the Central Bank of Iran Ali Salehabadi says forex repatriation from oil and non-oil exports has improved markedly in recent months. Speaking on the sidelines of the…
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.
Amin Re, a privatized Iranian reinsurance company, is hopeful about starting cooperation with the Russian National Reinsurance Company (RNRC), the largest reinsurance company in that country.
Tehran stocks opened on a strong note Tuesday with the bull run sweeping through both small and large caps. The benchmark of Tehran Stock Exchange, TEDPIX, gained 15,532.20 points or 1.03…
The Central Bank of Iran Tuesday issued instructions to lenders updating support policies for small and medium-sized enterprises. While adequate lending to all SMEs is emphasized, the regulator…
The government is preparing a regulatory framework for trading cryptocurrency and cryptoassets, but no decision has been made to allow trade in digital assets in the capital market, head of the…
More than 7.23 million tons of goods worth 599 trillion rials ($2.1 billion) were traded in the spot market of Iran Mercantile Exchange in the last calendar month to April 20. This was up…
Tehran stocks closed Monday in positive territory with large caps making slight gains but small caps in better shape. The benchmark of Tehran Stock Exchange, the market cap-weighted…
Three months after the last initial public offering, an internet service provider said it plans to go public on Wednesday. According to a notice seen on the Tehran Stock Exchange…
Bank Melli Iran, largest government-owned commercial bank, aims to increase the number of smart branches, launch a digital banking application and increase POS terminals. Bank managers and BMI…
The Central Bank of Iran on Monday informed commercial lenders about new instructions related to microloans. Applicants can now borrow up to 2 billion rials in microloans, it said. As per…
Banks and credit institutions gave 29,681.6 trillion rials ($107 billion) in loans and credit in the last fiscal year that ended in March. Recent data released by the Central Bank of Iran…
The insurance industry will unveil new innovative products and services in spheres related to information technology, healthcare and Islamic insurance. Head of the Central Insurance company of…
The Central Insurance company of Iran and the National Traffic Police have signed an agreement on developing a comprehensive platform for online car accident reporting.
Bank Melli Iran, the biggest lender, has released an inventory of 25 properties it owns to be divested in the fiscal year ending March 2023. The main state lender, long under pressure…
New monetary data show growth in the monetary base is driven more by bank debts to the Central Bank of Iran and less by CBI’s foreign debts. The total debt of banks to the CBI was 1,859.7…
The Central Bank of Iran allocated $11 billion for importing goods in one month since the beginning of the current fiscal year (March 21), a CBI official said.
“Four billion dollars…
In a notification to banks and credit institutions, the Central Bank of Iran announced guidelines for loans to parents to encourage childbirth Couples who have a child from the last…
Tehran Stock Exchange’s benchmark index lost 5 points or less than 0.01% during the trading week that ended September 21 to close at 76,451.
TSE trading week begins on Saturday and ends on…
Countries such as Russia and Iran may eventually use cryptocurrency mining to evade sanctions, the International Monetary Fund warned in a report. There’s a risk that sanctioned nations…
The Securities and Exchange Organization said it seek to improve trade in the two government-controlled exchange-traded funds. The government-affiliated ETFs were listed in capital market in…
Tehran stock closed higher on Tuesday extending a bullish trend that has lasted for five sessions in a row. The main index of Tehran Stock Exchange, TEDPIX, strengthened above the…
The Economy Minister Ehsan Khandouzi said Tuesday the government is determined to take the first step towards gradually eliminating subsidized currency in this fiscal year.
In line with new measures to improve the performance and transparency of government and affiliated organizations, 313 state-owned companies have released their financial statements.
Tehran stocks rallied to new highs on Monday pushing up the benchmark of Tehran Stock Exchange, TEDPIX, to where it was seven months ago. The market cap-weighted TEDPIX gained 26,784.11…
Companies and individuals in breach of their financial commitments to banks have started repaying their debts after their names were made public last week, the Economy Minister Ehsan Khandouzi…