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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October 25,2021Tehran stocks continued on the declining for the third session under growing selling pressure that dominated a broad range of shares on Monday. The main index of Tehran Stock Exchange, TEDPIX,... -
October 25,2021The government's plan to eliminate forex subsidies will not be implemented this month despite insistence from several quarters. The subsidized foreign currency policy ($1=42,000 rials), which came...
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October 25,2021The managing director of the Securities and Exchange Organization Majid Eshqi and CEO of Iran Khodro (IKCO) Farshad Moqimi reviewed plans to end mandatory pricing in the key auto sector. The...
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October 24,2021Data released by the Central Bank of Iran show broad money supply increased to 40,680 trillion rials ($150 billion) to Sep.22. This was up 40.5% y/y. Broad money supply increased 3.7% on a monthly...
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October 24,2021New executives have taken charge at several state-owned and privatized banks, including the two largest banks Bank Melli Iran and Bank Sepah.
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October 24,2021Tehran stocks were mixed in the last calendar month to Oct. 22 amid better performance of large caps.
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October 20,2021A new system will be introduced soon by banks to evaluate the creditworthiness of those applying for checkbooks, a lawmaker said admitting that the existing ways and means are not up to the mark...
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October 20,2021Tehran stocks closed the week lower as sell-side pressure continued unabated for most commodities and large caps. The market-cap weighted index of Tehran Stock Exchange, TEDPIX, lost 13,125.19...
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October 20,2021Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM), Masoud Khansari said he is positive about the government’s vision in drafting the 2022-23 budget. He referred to an...
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October 20,2021The government has obliged all administrative bodies to submit a list of their divestible assets to the Economy Ministry, according to a bylaw issued by the first vice president. Mohammad...
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October 19,2021After two lukewarm performances, demand for shares outweighed supply in the Tehran stock market on Tuesday, thanks to auto, banks and majority of small caps. The benchmark of Tehran Stock Exchange...
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October 19,2021The Ministry of Industry has required steel manufacturing companies to sell their products only via the Iran Mercantile Exchange. The decision was communicated to provincial offices across the...
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October 19,2021Insurance officials from Iran and Iraq explored prospects for building cooperation and starting a joint insurance companies. Gholamreza Soleimani, head of the Central Insurance company of Iran,...
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October 19,2021Banks gave 12,410.8 trillion rials ($45.5 billion) in loans in the first half of current fiscal year (March 21- Sept 22). Compared to the corresponding period last year, lending rose by 4,551.9...
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October 18,2021The number of bounced checks declined in the last calendar month to Sept.22 but rose in value. According to data released by the Central Bank of Iran to Sept. 22 as customers failed to cash 709,...
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October 18,2021Minister of Economy Ehsan Khandouzi enumerated Sunday his ministry's expectations from the insurance industry in a meeting with CEOs of the insurance companies. Khandouzi called on insurers to...
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October 18,2021New rules governing bank loans passed by the Majlis this week, legally ban lenders from charging compound interest and is designed to help boost the business environment, lawmakers say. In line...
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October 18,2021Stuck in negative territory for most trading sessions, the benchmark of Tehran Stock Exchange, TEDPIX, crept into positive zone in the hours of trade on Monday thanks to the improvement in demand...
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October 17,2021The Central Bank of Iran announced new guidelines based on which banks and credit institutions are allowed to issue credit cards holding up to 2 billion rials ($7,400). As per previous...
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October 17,2021The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details.
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October 17,2021President Ebrahim Raeisi on Sunday tasked the Central Bank of Iran with taming destructive “excitements” in the foreign exchange market. During the weekly meeting of the Government Economic...
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October 17,2021After a strong rally, sell-side pressure picked up on Sunday, causing a majority of shares pare some of the previous gains. The benchmark of Tehran Stock Exchange, TEDPIX, was in positive zone in...
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October 16,2021Bonds sold by the government, municipalities and private companies amounted to 702 trillion rials ($2.6 billion) in the first five months of the last fiscal year (March 21- August 22, 2020)....
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October 16,2021The leader of Turkey’s main opposition Republican People’s Party (CHP) Kemal Kılıcdaroglu visited the central bank on Friday, after which he called on the president to respect the institution’s...
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October 16,2021The new managing director of Securities and Exchange Organization on Saturday outlined plans to improve the struggling capital market. Majid Eshqi said the regulatory body will concentrate on its...
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