The 12th Bank, Exchange & Insurance Exhibition (FINEX 2019) opened on Monday at Tehran’s International Fairground. The four-day event, which features developments related to…
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.
The Export Guarantee Fund of Iran, a state-owned export credit agency, has issued $3.4 billion worth of export insurance cover and guarantees for Iranian traders who export goods to Iraq over…
Board of directors of the regulated foreign exchange market elected a managing director for the new body, the Central Bank of Iran website reported. The members agreed on procedures…
The governor of the Central Bank of Iran discussed bilateral banking and monetary cooperation with senior Swiss and Turkish diplomats on Thursday. In the meeting with Abdolnasser…
After undergoing a correction phase on Wednesday, stocks soared again on Saturday to break another record. The main gauge of Tehran Stock Exchange, TEDPIX, rose 4,464 points and lifted the index…
According to a report published by National Development Fund of Iran on its website, the sovereign wealth fund, the fund gave foreign currency loans through 20 agent banks in the first 9 months…
The Central Bank of Iran’s policy to launch Open Market Operation was officially approved by the Money and Credit Council – a major monetary decision-making body – on Tuesday.
The Majlis has asked the government to eliminate the policy of compound interest rates in banks to help promote domestic production, and the Rouhani administration is expected to inform…
The plan to remove four zeros from the rial is on the government agenda, again. The oft-mentioned move was proposed in the past by Central Bank of Iran as part of a broader plan to revisit the…
After recording a whopping growth of 5,700 points on Monday, the main gauge of Tehran Stock Exchange continued its upward movement on Tuesday. TEDPIX recorded a fresh record by entering the 202,…
The governor of the Central Bank of Iran announced in an Instagram post Sunday a plan to create a universal insurance fund to cover losses inflicted by natural disasters.
Abdolnasser Hemmati says local banks have no plans for now to increase interest rates because of the state of the economy and bank sector challenges.
Having hosted eight crude oil auctions since last year, Iran Energy Exchange is adapting to the possible needs of potential customers with the belated advent of the black stuff to its trading…
After crossing all-time highs on Sunday, the stock market conquered new peaks Monday breaking through another resistance level. The fresh rally lifted the benchmark index TEDPIX 5,721.76…
During the annual meeting of the World Forum of Central Securities Depositories, the Central Securities Depository of Iran was appointed as a member of the WFC board of directors. …
The Central Bank of Iran and the prosecutor general have agreed to freeze fraudulent bank accounts that collect people's donations for the flood victims, the spokeswoman of Majlis Economic…
After previously limiting foreign exchange transactions in the United Arab Emirates, the Central Bank of Iran has reportedly reactivated the remaining channels there to help increase hard…
Stocks hit all-time closing highs on Sunday encouraged by the previous day's landmark point when the benchmark index TEDPIX crossed the 195,000 points after more than six months. TEDPIX rose 0.…
Governor of the Central Bank of Iran says the government decision to withdraw money from the National Development Fund of Iran, the country's sovereign wealth fund, could be an opportunity to…
The Tehran Stock Exchange opened the week on a strong note as the key index gained more than 1,000 points, mainly lifted by small and medium-size stocks. Tehran Stock Exchange’s main…
With last week's brief volatility behind, the currency market in Tehran experienced more stability on Saturday. The US dollar, which had surged above the resistance level of 140,000 rials last…
The prosecutor general of western Ilam Province said Saturday medical centers which don’t abide by the law on using point of sale (POS) devices will be shut down. He said the law will be…
Latest figures provided by the Planning and Housing Economy Office of the Ministry of Roads and Urban Development show the average price of each square meter of a home in Iran's capital city,…
Since the beginning of the current fiscal (March 21) to April 10 an estimated €420 million plus was deposited with Nima (Integrated Forex Rate System). The amount includes both Central Bank of…
Bank-affiliated exchange bureaux are required to cut the cost on money transfers in order to facilitate currency deals in banknote and hawala, the Central Bank of Iran reported on its website.…
