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.

  • TSE Price Spread Will Expand
    The Securities and Exchange Organization of Iran plans to expand the limit of daily price spread in the stock market by at least 10%. Majid Eshqi, the head of SEO, made the announcement and noted...
  • Shares Extend Fall
    Tehran Stock Exchange's main index, TEDPIX, lost 1565.65 points or 0.09% on Monday to end at 1,781,632.05. The TSE equal-weighted index dipped 0.1%. About 12.447 billion shares worth 80.996...
  • SEO Says Working on Reforms
    Iran's Securities and Exchange Organization (SEO) says it will strive to reform market regulations and procedures to address discrepancies and improve transparency to help attract investors to the...
  • Acceptors of Retail Payments Listed
    A report by Shaprak Company, the body in charge of supervising Iran’s domestic payment network, ranked business sectors in terms of retail transactions and the average value of transactions. It...
  • Talks Continue to Unlock Iran’s Forex Assets in Iraq
    Iran and Iraq are holding talks for the release of blocked Iranian assets in the Arab country. According to Yahya Al-e Es’haq, head of the Iran-Iraq Joint Chamber of Commerce, the ongoing talks so...
  • Rial Rises Amid Cautious Optimism 
    Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar was quoted at 425,000 rials on Sunday in the open market, down 3.19% from the previous day's close...
  • Oil-Backed Certificate of Deposit Unveiled
    Iran Energy Exchange launched a new financial instrument on Sunday enabling investors to buy securities with crude oil and gas condensates as underlying assets.  “The so-called oil-backed...
  • Key Indices Fall 
    Tehran Stock Exchange's main index, TEDPIX, lost 33,542.46 points or 1.85% on Sunday to end at 1,783,197. The TSE equal-weighted index tumbled 1.75%. About 12.65 billion shares worth 85.35...
  • Debt Market Outlook Bleak
    Government bonds were bought this week again by institutional investors as banks and credit institutions kept their distance. Bond auctions are held by the Central Bank of Iran on behalf of the...
  • E-Payments Rise  
    An estimated 3.74 billion retail transactions were logged by the domestic electronic payment network Shaparak in the eleventh month of the calendar year to Feb 22. Overall business via the major...
  • Shares Open Bumpy Week
    Tehran Stock Exchange's main index, TEDPIX, lost 872.45 points or 0.05% on Saturday to end at 1,816,739.77. The TSE equal-weighted index gained 0.66%. About 17.44 billion shares worth 123.08...
  • Majlis Wants New Forex Policy 
    Head of the Majlis Economic Commission has called on the Central Bank of Iran to end the “traditional ways to control the currency market” and adopt a leading role in the market.  "The government...
  • Shares Mixed
    Tehran Stock Exchange's main index, TEDPIX, lost 10,285.44 points or 0.57% on Monday to end at 1,785,669.75 but the TSE equal-weighted index gained 0.13%. About 11.65 billion shares worth 75.5...
  • Subsidized Loans at $3b
    Since the beginning of the calendar year last March banks gave 1,650 trillion rials ($3.14 billion) loans to 1.889 million low-income applicants largely for youth marriage, childbirth and to those...
  • Shares Inch Up 
    Tehran Stock Exchange's main index, TEDPIX, gained 7,741.18 points or 0.43% on Sunday to end at 1,795,955.23. The TSE equal-weighted index was up 0.86%. About 12.24 billion shares worth 76.01...
  • Insurance Regulator to Launch Innovation Fund
    The Central Insurance company of Iran (CII), the regulator of the industry, says it plans to create a special fund to help fund innovation. "CII will continue to support the use of advanced...
  • Calls for Launching Metal Sector Funds
    The Security and Exchange Organization of Iran says it has received requests for launching sector funds in recent months, some of which are expected to be licensed soon.  "As per regulations,...
  • Annual Budget Forecasts Increase in Banks' Income
    Net earnings of eight state-owned banks and the Central Bank of Iran has been forecast at 3,247.7 trillion rials ($6.186 billion) in the March 2023-24 draft budget. This is 40% higher on the 2,314...
  • One More Step Toward Restraining Forex Rates
    The Central Bank of Iran said it has allowed all authorized moneychangers to buy the export income of mining and petrochemical companies, the secretary of the Iran Exchange Bureaus’ Association...
  • Shares Mostly Fall
    Tehran Stock Exchange's main index, TEDPIX, lost 33,562.5 points or 1.84% on Saturday to end at 1,788,209.18. The TSE equal-weighted index was down 0.91%. About 13.66 billion shares worth 90.53...
  • Gov't to Sell Shares in Steel, Petrochem Giants 
    Iran Privatization Organization will sell the government's shares in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company (PGPIC). A notice seen on the IPO...
  • Bank Sepah to Offer Shares in Major Investment Group 
    State-owned Bank Sepah will offer 17% of its shares in Omid Investment Management Group, the bank’s investment arm, in the stock market on Saturday The move comes after the Central Bank of Iran...
  • Capital Market to Play Bigger Role in Economy
    Paving the way for the entry of knowledge-based companies, increasing the share of capital market in financing economic sectors and increasing the number of real estate investment funds are among...
  • $71m Bonds Sold 
    Government bonds were bought this week by banks, credit institutions and institutional investors. Bond auctions are held by the Central Bank of Iran on behalf of the Economy Ministry to raise...
  • Bank of Russia Chief to Visit Iran 
    Head of the Bank of Russia Elvira Nabiullina is due to visit Iran, ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday. "The chairman of Bank of Russia is expected to Iran...

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