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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September 20,2020The Export Guarantee Fund of Iran, the main export credit agency, says it doubled credit and insurance services to exporters in the first five months of the current fiscal year (March 20- August 21... -
September 20,2020More than 206,000 credit cards were used in the fifth month of the Iranian fiscal year that started in March -- a growth of 8.3% compared with the month before. Despite the increase in the number...
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September 20,2020The rising tide of foreign currency rates against the rial paused on Saturday after soaring to record highs last week. The slide extended to the bullion market. A dollar was quoted 266,000 rials...
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September 20,2020Tehran stock market closed the first weekly session on Saturday slightly lower amid a sell-off of major refinery shares. The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,602 points to drop...
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September 18,2020Statistical Center of Iran has published its latest report on home and land prices as well as rents in Iran's urban areas during the first quarter of the current fiscal year (March 20-June 20), the...
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September 18,2020Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said. “The...
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September 18,2020Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran, plans to offer on Sunday 20% of its shares in Iran Fara Bourse, the junior equity market. The offer includes 6...
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September 18,2020A former capital market official has recommended authorities in charge not to waste liquidity from the National Development Fund of Iran for investing in penny stocks. In a talk with IRIB news,...
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September 18,2020Goods worth 243.4 trillion rials ($960 million) were traded at Iran Mercantile Exchange during the month to Sept 13. Companies traded 2.41 million tons of goods during the month to register growth...
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September 16,2020Tehran’s share market pared earlier losses at the close of trading week on Wednesday as investors, buoyed by supportive measures, repositioned to the buy side. The main index of Tehran Stock...
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September 16,2020The Governor of the Central Bank of Iran Abdolnasser Hemmati reiterated that fluctuations in the foreign exchange market is linked more to external and less to economic factors. In a note posted...
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September 16,2020The government sold 30.8 trillion rials ($120 million) in Islamic bonds via the interbank and stock market during the weekly auction on Tuesday. According to the central bank’s public relations...
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September 16,2020The Iranian Privatization Organization extended the subscription timeline for units of an exchange-traded fund that holds government shares in four refineries. In a press release published on its...
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September 15,2020Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture again faulted stringent CBI rules that govern the repatriation of export earnings. In a meeting with chamber members on...
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September 15,2020Bank Melli Iran lent 42.7 trillion ($170 million) rials in marriage loans to newlyweds in the first five months of the current fiscal year (March 20-August 21).
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September 15,2020Tehran stocks gained some more lost ground as angst-ridden investors started leaving the sell side, and finding share prices attractive, rushed to buy. The benchmark of Tehran Stock Exchange,...
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September 14,2020Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA). ISPA asked a...
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September 14,2020Tehran’s stock market gained some composure on Monday as sell-side pressure on a number of shares eased and sentiments were boosted by supportive measures. The main index of Tehran Stock Exchange...
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September 14,2020The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran...
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September 13,2020After gains a session earlier, Tehran stocks dropped on Sunday after efforts to prop up the fragile recovery were fell short of boosting the sagging sentiment of disillusioned investors. The...
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September 13,2020Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of the previous week. The dollar made a big leap forward and rose by 5,000 rials, or 2...
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September 13,2020The Central Insurance company of Iran, the regulatory body of the industry, and a private insurance firm have crafted a new package for covering losses to the business community due to the...
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September 13,2020The Central Bank of Iran continues to exercise flexibility toward exporting companies regarding the repatriation of export earnings, the bank’s governor said. “The central bank believes in...
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September 12,2020Building on earlier gains, the US dollar advanced at the start of the trading week on Saturday climbing above the psychological level of 260,000 rials in unofficial currency markets in Iran. This...
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September 13,2020Tehran stocks opened trading week Saturday on a strong note as sell-side pressure eased and sentiments buoyed by new supportive measures announced by the regulator. The benchmark of Tehran Stock...
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