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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August 27,2021The Central Bank of Iran allocated $7.2 billion for importing essential goods in the first five mounts of the current fiscal year that started in March. According to a CBI website report,... -
August 27,2021Foreign exchange rates extended gains against the national currency on Wednesday with the dollar getting closer to the critical 280,000-rial level. Currencies were traded moderately in the middle...
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August 24,2021In the calendar month ending August 21 goods worth 355 trillion rials ($1.3 billion) were traded in the spot market of the Iran Mercantile Exchange. The value was up 17% compared to the month...
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August 24,2021Insurance companies paid more than 107 trillion rials ($386.2 million) to hospitals and medical centers since the outbreak of Covid-19 pandemic in Iran in February 2020.
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August 24,2021Major currencies rallied sharply in the early hours on Tuesday in Tehran but pared some of the gains in the middle of the day. The dollar crossed above 278,500 rials in the open market before...
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August 24,2021Almost all stock categories gained on Tuesday as the share market in Tehran extended a long winning streak with investors still showing interest in shares of small companies. The main gauge of...
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August 23,2021The Ministry of Industries, Mining and Trade gave 19,000 trillion rials ($69.7 million) in loans to exporters of non-oil goods in the first four months of the current fiscal year that started in...
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August 23,2021The benchmark of Tehran Stock Exchange, TEDPIX, closed Monday trade near the flatline as most large cap stocks slumped. The market cap-weighted TEDPIX gained 337.97 points or 0.02% for the day to...
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August 23,2021Iran Mercantile Exchange is studying three schemes to help fund the struggling housing sector via the capital market, the IME deputy head for market development said. Plans include setting up...
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August 23,2021After months of stress and absence of buyers, Tehran’s bond market is showing signs of coming back as investors of fixed income assets display renewed interest in buying government bonds. In the...
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August 22,2021After the weeklong nationwide lockdown to contain the Covid-19 pandemic, Tehran stocks opened on a stronger note on Sunday buoyed by demand for small caps. The equal-weighted index of Tehran Stock...
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August 22,2021Iranian Fintech Association, a non-governmental body formed by fintech applications, has strongly opposed newly announced regulations demanding payment facilitator applications to get the online...
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August 22,2021Data released by the Central Securities Depository of Iran put the number of active trading codes at 36.8 million by the end of last calendar month to July 21. The CSDI website said about 2...
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August 22,2021Austrian Chancellor Sebastian Kurz does not want to grant protection to any more refugees from Afghanistan despite the takeover of the country by the Taliban.
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August 22,2021Reforming the ailing banking sector is one of the main concerns of the incoming government of President Ebrahim Raisi. In a speech to lawmakers on Saturday, Raisi said his administration has “...
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August 21,2021A court in Tehran has ruled that the government officially re-claim ownership of Haft Tappeh Sugarcane Agro-Industry Company. The government sold the giant sugarcane company in 2015 to a private...
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August 21,2021Loans to deposit ratio stood at 80.2% at the end of first calendar month on April 21, up 1.7 percentage points compared to the same period last year. The ratio, however, was unchanged compared to...
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August 21,2021Iran’s commercial exchanges with its leading trade partner, China, stood at $7.89 billion in the first seven months of 2021, registering an 8.8% decline compared with the corresponding period of...
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August 21,2021Foreign currencies continued to gain against the rial during the six-day lockdown in the unofficial market in Tehran as geopolitical risks loom and uncertainty mounts in the region and beyond.
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August 21,2021The Iran Power Generation, Distribution and Transmission Company (Tavanir) said the ban on cryptocurrency mining imposed by the Ministry of Industries, Mining and Trade will be lifted on Sept 22.
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August 14,2021Banks and credit institutions paid loans worth 7,010 trillion rials ($26.9 billion) in the first four months of current fiscal year (March 21-July 21). Lending increased by 2500.9 trillion rials...
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August 14,2021Tehran stocks were choppy in the beginning of trading week on Saturday as an early hour rally gave in to sell-side pressure at the close of the session. The benchmark of Tehran Stock Exchange,...
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August 14,2021The Central Bank of Iran says it will revise its policy interest rate in the interbank market if it discerns that inflation expectations are rising. In a report analyzing macroeconomic variables...
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August 14,2021Insurance companies in Iran managed to improve their solvency margin ratio in the last fiscal year (ended March) to acceptable levels, an official with the Central Insurance company of Iran, the...
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August 14,2021The Securities and Exchange Organization plans to reform policy related to initial public offering for “risky” and small-size listed companies, the SEO deputy for market supervision said....
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