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.
August 09, 2022 19:55
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July 31,2022Investors at the Iran Mercantile Exchange traded almost 360 million commodity-based certificates of deposit worth 75 trillion rials ($241 million) in the first four months of current fiscal year (... -
July 31,2022Issuance of money was curbed in the past few months as banks and credit institutions reduced lending, the Economy Ministry said. In a press release seen on its website, the ministry said...
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July 30,2022The rise in interbank rates paused after climbing for 14 consecutive weeks and hitting multi-month highs. The rate dropped slightly to 21.13% from 21.31% last Saturday, which was the highest in...
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July 30,2022Bounced checks in the third calendar month (ended June 21) reached of 374 trillion rials ($1.2 billion) up 9.5% monthly. A total of 640,000 checks were rejected by banks in the month, indicating 4...
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July 30,2022Tehran stocks opened Saturday on a strong note in the early hours but sell-side pressure returned as the session came to a close. The main gauge of Tehran Stock Exchange, TEDPIX, gained more...
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July 30,2022Tehran stocks added more loss in the last Iranian business week on Wednesday registering the sixth straight weekly declin The bearish trend was spurred by huge sell-off of small-sized companies,...
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July 30,2022The government program to sell bonds to plug its budget deficits faltered in the last weekly auction for the second straight week Total bonds offered at both the interbank and equities market...
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July 30,2022The Central Bank of Iran says it supports the growth of "buy now pay later" (BNPL) services because of its acceptable impact on the economy. Mehran Mahramian, the CBI deputy chief for innovative...
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July 30,2022A poll conducted by Iran Chamber of Commerce, Industries Mines and Agriculture (ICCIMA) shows that most businesses are now struggling with the rising need for liquidity after the government...
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July 27,2022The Money and Credit Council, the top monetary and banking decision-making body, set a higher ceiling for the legal reserve requirement of banks. According to a press release published by the...
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July 27,2022The Securities and Exchange Organization (SEO) held a ceremony Wednesday to unveil an electronic platform that eases the collateral process for investors seeking loans. The ceremony was attended...
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July 27,2022Tehran stocks closed the week Wednesday with slight gains in most categories but retail investors’ role in overall trade remained unimpressive. The main index of Tehran Stock Exchange, TEDPIX...
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July 27,2022After piling losses in the earlier session, selloff pressure eased on majority of shares Tuesday with the benchmark of Tehran Stock Exchange closing slightly below the flatline, The market cap...
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July 27,2022The governor of the Central Bank of Iran, Ali Salehabadi, says the regulator will work to curb interbank rates in line with monetary policy. Salehabadi reiterated the policy in a meeting Tuesday...
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July 27,2022Insurance startups say implementing measures that promote competitiveness by the regulator is the key for the growth of the sector. Officials from the Central Insurance company of Iran, CEOs of...
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July 27,2022Iran’s capital market made available 635 trillion rials ($2 billion) in the first quarter of fiscal 2022-23 (ending June 21). This was 31% lower compared to 926 trillion rials ($2.9b) reported in...
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July 25,2022Stocks took a fresh drubbing on Monday amid uninterrupted capital outflow and uncertainly among retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, lost 24,342.31 points or 1.66% to...
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July 25,2022The Governor of the Central Bank of Iran, Ali Salehabadi, said goals anticipated in the Seventh Five-Year Economic Development Plan should be realistic and accessible. The sixth plan ended last...
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July 25,2022The Energy Ministry has revised crypto mining regulations to help ease miners' access to renewable power. As per a decree, miners are no more obliged to use on-site power plants and can buy...
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July 25,2022Repaying forex debt to the National Development Fund of Iran has improved in the past ten months, a member of the NDFI executive board said. Alireza Mirmohammad-Sadeqi said companies paid $2...
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July 25,2022Almost all stock categories ended lower Sunday with sell-side pressure taking a bigger toll on small caps and penny stocks. The benchmark of Tehran Stock Exchange, TEDPIX, lost 9,735.41 points or...
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July 25,2022Recent Central Bank of Iran data show increase in money (M1) and a proportional decline in quasi money, or M2. M1 was in the region of 11,268.4 trillion rials ($36.3 billion), up 55.2% at the end...
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July 25,2022Kish Island Hoteliers’ Society says it will unveil cryptocurrency ATMs allowing foreign travelers to exchange their cryptocurrency into rials. “We have been holding talks with the Central Bank of...
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July 25,2022Non-performing loans declined further at the end of last fiscal year (ending March), indicating banks’ progress in recovering bad loans, Central Bank of Iran data show. The ratio of NPLs to total...
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July 24,2022Tehran stocks opened the week on Saturday lukewarm with the main market indicators near the flatline. The main index of Tehran Stock Exchange, TEDPIX, gained 1,601.42 points or 0.11% to end trade...
