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 17,2020The US dollar gained 3% against the national currency in Tehran’s free market and was sold for 230,000 rials on Monday after vacillating between 220,000-224,000 rials for two weeks. The greenback... -
August 16,2020Properties owned by subsidiaries of the New Towns Development Company are to be sold through the Iran Mercantile Exchange, a board member of the company said. "We have 19 subsidiaries in the...
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August 16,2020The parliament on Sunday approved a bill proposed by the government in which listed companies are obliged to improve their capital structure using share premium. As per the provisions of Article...
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August 16,2020Tehran stock market was hit hard at the fifth session of bear market Sunday and plunged in what is said to be one of its worst days in history. The benchmark of Tehran Stock Exchange, TEDPIX,...
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August 16,2020Iran Energy Exchange announced Sunday that the plan to offer parallel salaf contracts to be backed by crude oil exports has been postponed. In a notice on its website, it’s public relation office...
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August 16,2020The Statistical Center of Iran has published its latest report on home and land prices, as well as rent levels in the capital city Tehran in the first quarter of the current Iranian year (March 20-...
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August 15,2020The Central Insurance company of Iran, the supervisory and regulatory body of insurance industry, has notified insurance companies to improve their performance and take action against agents...
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August 15,2020Governor of Central Bank of Iran says the bank has been struggling to reform the banking system long saddled with mismanagement and financial indiscipline. In a note on his social media account...
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August 15,2020Tehran stocks experienced one of the biggest downturns at the start of trading week on Saturday extending a losing streak into the fourth day. The main index of Tehran Stock Exchange, TEDPIX,...
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August 14,2020The government announced limits on the amount of export by owners of new commercial cards. The decision was approved by the Cabinet earlier in the month and sent to relevant administrative bodies...
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August 14,2020The National Iranian Oil Company plans to offer standard parallel salaf contracts for 520,000 barrels of heavy crude oil via Iran Energy Exchange. As per a notice published on the codal.ir-- an...
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August 14,2020The Iranian National Tax Administration announced tax brackets on buyers of gold coins in the last fiscal year (March 2019-20).
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August 14,2020The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread. In a press release seen on its...
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August 12,2020Iranian insurance companies cover nearly $500 billion worth of risks, says Gholamreza Soleimani, president of the Central Insurance company of Iran (CII) – regulator of the insurance industry. "...
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August 12,2020The Money and Credit Council - the top monetary decision-making body - approved a proposal by the Central Bank of Iran to issue a new type of ‘Wadieh’ Islamic bond to tame money flow. According...
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August 12,2020The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic buyers, saying that it is one of the few government options to fund the budget deficit in...
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August 12,2020Tehran’s housing Consumer Price Index in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 46.4% compared with the corresponding period of last year...
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August 12,2020Opening in positive territory in the early hours, Tehran stocks reversed course in the mid-trading session and finally ended trade in the red on Wednesday. The main index of Tehran Stock Exchange...
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August 11,2020President Hassan Rouhani said Tuesday that the Supreme Council of Economic Coordination has approved the outlines of crude oil presale contracts to domestic buyers. Rouhani said the council...
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August 11,2020The government sold 30.4 trillion rials ($132 million) in Islamic bonds in the interbank and stock market during the weekly auction on Tuesday. As per an earlier announcement, it was to offer...
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August 11,2020The economy and oil ministries said Tuesday that they would stick with the previously announced method to divest government shares in four refineries via an exchange-traded fund and this week’s...
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August 11,2020Extending earlier session’s loss, the Tehran Stock Exchange fell 3.16% on Tuesday and its benchmark, TEDPIX, lost 65,261 points to retreat to the critical 2 million points reached on August 2. ...
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August 10,2020The state-owned Small Industries Investment Guarantee Fund provided coverage for 6.223 trillion rials ($26 million) in investments in small and medium-enterprises in the past three years.
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August 10,2020After a short-lived downturn a day earlier, major currencies climbed again on Monday with the dollar drawing closer to 220,000 rials at the end of trading session. After losing close to 9% and...
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August 10,2020Tehran stocks took an unexpected drubbing Monday following reports that the government had a change of heart and was suspending share offers in four refineries via exchange-traded funds. The...
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