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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November 15,2021The Economy Minister Ehsan Khandouzi said he has asked banks to publish the names of big loan defaulters on a regular basis. In a note on his twitter account Sunday, Khandouzi said he has sent a... -
November 15,2021Foreign currencies stumbled on Monday for the second straight session in Tehran’s unofficial market after a two-week rally. The dollar was down 1.25% or 3,500 rials for the day to settle at 282,...
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November 15,2021Insurance companies are looking into damage caused by the massive earthquake that struck southern Hormozgan Province off the Persian Gulf.
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November 15,2021The managing director of Securities and Exchange Organization said the government appraises the resiliency of the stock market when selling new bonds. Majid Eshaqi said this in response to...
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November 14,2021The Governor of Central Bank of Iran Ali Salehabadi has expressed hope that increase in forex revenue would help control volatility in the currency market. Salehabadi said the regulator will...
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November 14,2021Leaving behind a sell-off a session earlier, Tehran stocks opened higher on Sunday though sell-side pressure mounted in the middle of the session. The main index of Tehran Stock Exchange, TEDPIX,...
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November 14,2021The stock market has completed the operational framework to list startups, the Listing Deputy of Iran Fara Bourse, the junior equity market, said. “Now there is no barrier to listing startups,”...
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November 14,2021Illegal cryptomining centers shut by the Iran Power Generation, Distribution and Transmission Company (Tavanir) used 3.84 trillion rials ($16.5 million) in subsidized electricity and inflicted 380...
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November 13,2021While currency market observers had expected a pause in the volatile currency market after a weeklong rally, forex rates continued to climb at the beginning of the trading week on Saturday. The...
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November 13,2021Insurance companies generated 602 trillion rials ($2.09 billion) through selling 38.5 million policies in the first seven months of Iranian year (started March 2021). Central Insurance company of...
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November 13,2021Tehran stocks opened trading week again under sell-side pressure as the government move to intervene in pricing cars produced by domestic companies weakened sentiment and added to uncertainty. The...
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November 13,2021The new head of the Iranian Privatization Organization (IPO) said the government needs true grit to put in place effective privatization policies that can deliver. In a meeting with private sector...
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November 12,2021With steep volatility in the bourse here to stay, the research deputy chief of the Majlis Research Center says much-needed stability in the market demands structural reforms at the macroeconomic...
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November 12,2021The dollar reached 284,240 rials on Thursday in Tehran’s open market, the highest rate since the beginning of the calendar year in March 2021. The greenback started the week at 276,000 rials,...
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November 12,2021The government proposal to put an end to subsidized forex currency in essence means it wants the Majlis to accept allocation of more cheap currency, a lawmaker says. Unofficial reports making the...
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November 12,2021Tehran’s share market was bullish throughout last week as investor sentiment was buoyed by the government’s renewed pledges to support the bourse. The benchmark of Tehran Stock Exchange, TEDPIX...
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November 10,2021Forex and gold prices climbed on Wednesday extending the upward trajectory that started on Saturday. The dollar closed slightly above 283,000 rials in Tehran’s open market, notching up 0.8%. It...
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November 10,2021As of Nov. 9, Russia has resumed regular flights to Iran as well as Bahamas, the Netherlands, Norway, Oman, Slovenia, Tunisia, Sweden and Thailand, which were interrupted due to the coronavirus...
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November 10,2021In a meeting with President Ebrahim Raisi late Tuesday economists again raised years-long concerns over the controversial procedures to allocate subsidized currency for import and ways to put a...
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November 10,2021Tehran’s stock market closed trading week higher on Wednesday extending gains into the third session amid improved performance of small caps. The benchmark of Tehran Stock Exchange, TEDPIX, gained...
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November 10,2021The parliament on Wednesday approved a plan to rewrite rules and unambiguously criminalize online gambling and betting. Casinos and all types of gambling were banned in Iran after the 1979...
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November 09,2021Export companies brought back €63.4 billion ever since the enforcement in 2018 of laws that make it mandatory to repatriate export forex income, the head of Iran’s Trade Promotion Organization said...
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November 09,2021Tehran stocks closed Tuesday in positive territory thanks mainly to gains by giant petrochemical companies. The main gauge of Tehran Stock Exchange, TEDPIX gained 13,276.62 points and rose 0.93%...
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November 09,2021Lawmakers accepted a call by the Majlis Economic Commission on Tuesday to investigate the performance of state-run and semi-private banks. The probe, among other things, will look into issues...
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November 09,2021The governor of the Central Bank of Iran has asked banks to determine the credibility of those seeking small loans. Speaking to CEOs of banks, Ali Salehabadi also called for easing the lending...
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