New rules governing check transactions have been apparently efficient in reducing bad checks, a lawmaker said, citing data released by the Central Bank of Iran.
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 Central Bank of Iran’s injection of funds in the interbank market under open market operation (OMO) has reached unprecedented levels this week. Under CBI’s expansionary policy to…
The benchmark of Tehran Stock Exchange, TEDPIX, showed positive signs on Wednesday only to fall back into negative territory in the closing hours.
Permission for cryptomining in Iran will henceforth be given only to miners using renewable energy, the Ministry of Industries, Mining and Trade said on Wednesday.
The Thermal Power Plant Holding Company plans to sell salaf contracts worth 22.7 trillion rials ($84 million) to finance electricity generation projects, the company’s head of budget and…
The domestic payment and settlement network, Shaparak, has instructed payment facilitator companies to suspend 200,000 online gateways from the nationwide network because of nonpayment of taxes…
The government sold 22.4 trillion rials ($86 million) bonds in the last auction held by the Central Bank of Iran on Tuesday. Bonds were purchased mainly by retail and institutional…
Following an announcement by the Money and Credit Council, the Central Bank of Iran on Monday issued guidelines for the issuance of bonds by banks and credit institutions. MCC, the top banking…
A new chief has been appointed to the Central Insurance company of Iran, the sector's regulatory body, months after the resignation of the previous CEO. According to the government's…
Rules for cryptocurrency exchanges are expected to be finalized in the near future, a lawmaker said.
The Central Bank of Iran unveiled an electronic platform on Monday to “facilitate” supply of currency to retail buyers. The platform is operated by Iran’s regulated market, officially…
Mostf blue chips in Tehran’s share market were under sell- side pressure on Sunday with investor attention focused on small caps. The market cap-weighted benchmark of Tehran Stock…
The government will repay its 890 trillion rials ($3.4 billion) debt to the Social Security Organization by transferring shares to the organization, managing director of the SSO said. Mirhashem…
Ten percent of shares held by the government in Tehran's two main football clubs, Esteghlal and Persepolis, will be sold via the Iran Fara Bourse (IFB) on March 6, head of the Iran Privatization…
The Majlis on Wednesday lifted a ban on taxing interest on bank deposits of legal and institutional bodies. So far the Iranian National Tax Administration was not allowed to tax interest…
Tehran stocks opened trading week on Saturday in negative territory amid renewed selloff in most commodity stocks. The benchmark of Tehran Stock Exchange, TEDPIX, lost 5,513.97 points or…
A comprehensive database of violations that occur in the stock market has been established in Tehran Stock Exchange and is available on a daily and weekly bases, according to TSE’s supervisory…
The state-owned Bank Maskan - the main housing lender - is coming out of the red and poised to make a profit fiscal 2022-23, a board member said.
On its financial performance, Mohsen…
The Central Bank of Iran's executive board has approved a framework for the regulatory sandbox. The sandbox will operate under the supervision of a strategic council in charge of setting…
The derivatives market of the Iran Mercantile Exchange hosted deals worth 150 trillion rials ($576 million) in the first 11 months of the current fiscal to Feb. 19. Deals included 6.1 million…
The Governor of the Central Bank of Iran Ali Salehabadi conferred with Mustafa Ghaleb, the governor of Central Bank of Iraq, on Thursday in Tehran. They discussed promoting bilateral…
The Majlis Research Center says the government(s) policy of pricing goods has been an exercise in futility and more often than not has failed to deliver.
Despite all the progress in recent years, life insurance sector in Iran still falls short of the expansion targets. Insurance authorities believe that insurance firms need to accelerate their…
The last bond auction held by the Central Bank of Iran for the government on Tuesday generated 56 trillion rials ($215 million). Investors had shunned debt market for several weeks. However,…
The parliament late on Tuesday approved parts of the 2022-23 budget bill that sets government revenue from bonds. Accordingly, state-owned companies can issue a maximum of 100 trillion rials ($…
