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 16,2022The Expediency Council has approved changes in the articles of association of the National Development Fund of Iran, the sovereign wealth fund. The council is a top state body responsible for... -
August 16,2022The benchmark of Tehran Stock Exchange, TEDPIX, closed Monday near the flatline after it pared early losses. In a shift in the middle of the session, the market cap-weighted benchmark crept into...
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August 15,2022The Trade Promotion Organization of Iran is temporarily easing forex repatriation for traders exporting to Qatar, the TPO chief said. “It has been decided to let companies selling to Qatar to...
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August 16,2022The Vice Presidency for Science and Technology is preparing to launch a ‘National Financial Lab’ in collaboration with Tehran University and Allameh Tabatabaei University to underpin fintech...
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August 15,2022Iran Mercantile Exchange listed eight more cars manufactured by six automakers putting the number of cars traded at the bourse to fifteen. The Securities and Exchange News Agency said the new...
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August 14,2022The Law Enforcement Forces (LEF) have called on the Central Bank of Iran to work on integration of debit cards owned by each individual to reduce the risk of fraud and selling bank cards to money...
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August 14,2022The rial gained more ground as most foreign exchange rates continued to retreat at Tehran’s unofficial market on Sunday. The US dollar was down almost 2.3% and was quoted at 301,700 rials at the...
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August 14,2022After a short-lived bull-run a session before, Tehran stocks traded choppily on Sunday as the bullish mode in the opening of trade gave way to sell-off at close of the session. The main index of...
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August 14,2022Iran’s stock market is among the worst in the world when it comes to upholding the rights of retail investors, the general secretary of the Iranian Institutional Investors Association (IIIA) said...
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August 13,2022Currency rates fell on Saturday as speculators tied forex prices to political developments and there seemed to be more sellers than buyers in Iran’s open market. The market was already on the...
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August 13,2022Iranian Insurance Brokers' Association has voiced support for the Central Insurance company of Iran's controversial decision to launch a central gateway for managing online broker operations. In a...
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August 13,2022Tehran stocks rebounded on Saturday amid rise in retail trade and inflow of fresh liquidity following weeks of money quitting the market. The main index of Tehran Stock Exchange, TEDPIX, gained...
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August 13,2022The Central Bank of Iran said it will prevent big defaulters in the past from receiving new loans. “Big defaulters will not receive new loans and must first reimburse past loans under the set...
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August 13,2022Banks and credit institutions gave 277 trillion rials ($893 million) loans to knowledge-based companies from the beginning of fiscal year to July 22, the Governor of the Central Bank of Iran said...
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August 13,2022Almost all interment payment gateways and point-of-sale terminals are fully integrated into the tax system, concluding a project that started almost two years ago, the Central Bank of Iran vice...
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August 13,2022Bond sale by the government faltered this week as the main buyers, namely banks and institutional investors in the stock market opted out. On behalf of the Economy Ministry, the Central Bank of...
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August 10,2022Forex rates in the unofficial market dropped on Wednesday dragging down prices in the domestic bullion market. The US dollar was quoted at 311,140 rials, down 5,500 rials or 1.9% in Tehran’s free...
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August 10,2022Iran's Trade Promotion Organization said $10 million in cryptocurrency was used recently for settling an import bill. Alireza Peymanpak, the TPO chief, made the announcement in a tweet noting that...
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August 10,2022Tehran’s share market saw choppy trade on Wednesday as most shares pared early hour gains amid mounting sell-off. The benchmark of Tehran Stock Exchange, TEDPIX shed 3,478.85 points or 0.24% to...
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August 10,2022The monetary regulator may consider the possibility of higher interest rates on bank deposits, the governor of the Central Bank of Iran said. Speaking on the sidelines of a Cabinet meeting in...
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August 09,2022Financial statements of several banks and credit institutions listed in the stock market show most are disinclined to lend. Financial data of 11 banks analyzed by the Economy Ministry news website...
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August 09,2022The main gauge of the Tehran Stock Exchange, TEDPIX, gained 3,019 points or 0.21% on Tuesday to end trade at 1,451,941. A total of 6.48 billion shares worth 55.88 trillion rials ($180 million)...
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August 09,2022The Iranian National Tax Administration (INTA) said value added tax will no longer be levied on commodity-linked certificates of deposit (CD) traded via the Iran Mercantile Exchange and Iran Energy...
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August 08,2022Interbank rates declined further last week after recently bucking a four-month rising trend, indicating the regulator’s intervention to control rates was effective. The rate dropped below 21% and...
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August 08,2022An estimated 3.77 billion retail transactions were processed by the domestic electronic payment network, known as Shaparak, in the fourth month of the calendar year to July 20. These were worth 6,...
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