Iran's main stock index rose to its highest level in five months on Monday, led by the material sector, as investor sentiment was lifted by robustness of the global economy and high foreign…
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.
President Hassan Rouhani said Monday the policy of subsidizing basic goods will continue in the coming fiscal (starts March 21), but the manner of allocating subsidized currency could…
In delineating the performance of Iran Energy Exchange in the current fiscal that ends on March 20, managing director of IRENEX says the value of trade on the market has grown 100% in the…
Iran equity markets witnessed a stellar rally on Sunday and extended their winning streak for the eighth consecutive session. The main gauge on Tehran Stock Exchange TEDPIX soared 1,397.79…
The seventh crude oil auction on Iran Energy Exchange will kick off on Monday noon in what would be the last attempt by the National Iranian Oil Company to sell crude oil on the stock market in…
Tehran Province accounted for almost half of the foreign exchange allocated for imported goods in the current fiscal, head of the Industry, Mine and Trade Organization of Tehran Province said.…
Shahin Cheraghi was appointed as a new member of the High Council of Securities and Exchange. The appointment was proposed by the Economy Ministry and approved by the government. An…
The benchmark index on Tehran Stock Exchange closed above the 170,000 mark on Saturday for the first time in four months. TEDPIX soared 2,009.54 points or 1.19% to finish at 171,125.0 and thus…
Governor of the Central Bank of Iran said the corresponding entity to the Special Purpose Vehicle known as INSTEX created by the European Union to enable non-dollar trade with Iran will be…
The next fiscal budget (March 2019-29) has allocated 5.4 trillion rials ($41.5million) for the Vice Presidential Office for Science and Technology, up 11% compared to the funds made available in…
The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated by banks…
The Tehran Stock Exchange registered a stellar performance during the week to March 13, with the benchmark index TEDPIX increasing 6,289 points compared to the previous week.
In the trading week that starts Saturday, Iran Fara Bourse stock exchange will host four initial public offerings marking the last trading week of the current fiscal year that ends on March 20.…
Iran's main stock index ended Wednesday's session close to a resistance level that it has held for close to four months, boosted by continued gains for the biggest commodity shares.
CEO of the National Iranian Oil Company said Tuesday the state company will offer 20 trillion rials ($154 million) worth of Manfa’at bonds in two stages on March 13 and 16 on Iran Fara Bourse (…
President of Europe's Special Purpose Vehicle known as INSTEX, Per Fischer, is in Tehran to attend talks between Iranian authorities and representatives from France, Germany, Britain, and the…
Further to its persistent calls for transparency and doing away with the controversial subsidy schemes, Tehran Chamber of Commerce, Industries, Mines and Agricultures called on the government to…
The Securities and Exchange High Council, the highest capital market decision-making body, has issued the permit for selling the shares of five soon-to-be-merged banks in the after-hours trading…
Insurance cover and export guarantees offered by the Export Guarantee Fund of Iran, a state-owned agency, reached $2.2 billion in the current fiscal (ends on March 20), indicating an annual 25%…
Iranian stocks rallied as global markets reopened on Monday, prompting the benchmark index on Tehran Stock Exchange to top 167,000 for the first time since the outset of winter. TEDPIX soared 2,…
The Deputy for Banking and Insurance Affairs at the Economy Ministry said during the one year between December 2018-19, 100 trillion rials ($770 million) worth of excess property of banks was…
In the calendar month Bahman (Jan.21-Feb.19) close to 1,972 million transactions worth 2,385 trillion ($15.4 billion) were processed via Shaparak (the domestic electronic payment network) – up 6…
Chairman of the Tehran Young Entrepreneurs Association says management weaknesses and ignoring talented youth are two key maladies the nation is facing.
After largely negative or humdrum days in the past two weeks, Iranian stocks found a new lease on life as the main gauge at Tehran Stock Exchange surged close to 1% and investors hoped for…
Iran Fara Bourse main index was up 8.7% in the second month of 2019 as IFX shot up 168.3 points (8.7%) to close at 2,100.3. Market capitalization also increased by 3.4% in February.
