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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April 24,2023At a recent meeting with bank CEOs, the Governor of the Central Bank of Iran Mohammad Reza Farzin said banks have six months to rectify their excessive withdrawals. "If a bank continues to have an... -
April 24,2023Tehran Stock Exchange's main index, TEDPIX, gained 2,361.33 points or 0.10% on Monday to end at 2,326,494.30. The TSE equal-weighted index climbed 1.02%. About 21.34 billion shares worth 149.62...
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April 23,2023Cryptocurrency business leaders discussed the challenges and roadblock’s they face with President Ebrahim Raisi in a meeting last week. The meeting was held to discuss the views and concerns of...
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April 23,2023Over the years private banks are struggling with disparities in the banking system and have resorted to a variety of means to procure funds, Isaac Saeedian, an economist said. When banks use...
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April 23,2023The US Supreme Court has rejected a Turkish bank’s main arguments for avoiding prosecution on charges it helped Iran evade US sanctions, but the court sent the case back for additional review,...
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April 23,2023Mohammad Reza Pour-Ebrahimi, the head of the Majlis Economic Commission has warned against the return of the command economy saying that the country can no more bear with the seemingly unending...
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April 19,2023Banks and credit institutions are barred from paying the rial equivalent of deposits in foreign currency, a Central Bank of Iran official said. "Withdrawals from forex accounts in rial is a...
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April 23,2023Tehran Stock Exchange's main index, TEDPIX, lost 1,304.57 points or 0.06% on Wednesday to end at 2,324,132.69. The TSE equal-weighted index gained 0.54%. About 19.99 billion shares worth 157.02...
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April 18,2023Economy Minister Ehsan Khandouzi has called on policymakers to come up with workable roadmaps to expand growth of the key insurance sector and boost its role in the economy. In a meeting with...
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April 18,2023Tehran Stock Exchange's main index, TEDPIX, gained 36,150.13 points or 1.58% on Tuesday to end at 2,325,437.38.The TSE equal-weighted index climbed 2.16%. About 25.07 billion shares worth 172.93...
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April 17,2023The minister of economy and finance, Ehsan Khandouzi, said the government has fulfilled its promise and transferred surplus assets of banks to the tune of 580 trillion rials ($1.13 billion) by the...
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April 17,2023Tehran Stock Exchange's main index, TEDPIX, gained 14,221.44 points or 0.63% on Monday to end at 2,289,287.41. The TSE equal-weighted index climbed 1.30%. About 23.22 billion shares worth 170.99...
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April 17,2023Market analysts have supported new rules announced by the Central Bank of Iran obliging buyers of cheap foreign currency to have forex bank accounts. Ehsan Naser, member of the Iran Chamber of...
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April 16,2023In the last fiscal year (ended March 20), banks gave 1,690 trillion rials ($3.3 billion) in social assistance loans to 1.94 million low-income applicants largely for youth marriage, childbirth and...
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April 16,2023Tehran Stock Exchange's main index, TEDPIX, gained 21,119.49 points or 0.94% on Sunday to end at 2,275,066.71. The TSE equal-weighted index gained 1.59%. About 22.98 billion shares worth 161.55...
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April 15,2023Mohammad Reza Farzin, the governor of the Central Bank of Iran, says the regulator plans to dissolve several troubled banks by the middle of the current fiscal year (Sept 21) as part of efforts to...
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April 15,2023Tehran Stock Exchange's main index, TEDPIX, gained 74,023.64 points or 3.40% on Saturday to end at 2,253,946.41. The TSE equal-weighted index jumped 3.87%. About 25.28 billion shares worth 256.72...
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April 15,2023The Central Bank of Iran has developed long-awaited guidelines for reforming bank commission systems, according to sources familiar with the matter. The guidelines are to be announced soon....
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April 14,2023The Central Bank of Iran has started printing 2-million-rial traveler' checks (‘Iran Cheque’) to help facilitate transactions, Ehsan Khandouzi, the economy minster said adding that decision was...
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April 14,2023Tehran Stock Exchange set new records in the week with daily retail transactions breaking a 27-month record with 195.63 trillion rials ($391.2 million) and the overall index registering a historic...
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April 14,2023The Central Bank of Iran said it has plans to launch a currency stabilization fund to lift the sagging rial and stabilize the chaotic forex market. According to Mohammad Reza Farzin, the CBI...
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April 10,2023Tehran Stock Exchange's main index, TEDPIX, lost 22,336.64 points or 1.01% on Monday to end at 2,190,307.22 and the TSE equal-weighted index shed 0.05%. About 23.38 billion shares worth 163.87...
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April 10,2023The total value of Iran's capital market reached 90,833 trillion rials ($181.6 billion) by the end of the last fiscal year on March 20, 2023. It was 71,863 trillion rials ($143 billion) a month...
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April 10,2023The Central Insurance company of Iran (CII) has reported on the risk retention capacity of domestic insurers adding new companies to the list. According to the CII website, the state-owned Iran...
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April 09,2023Tehran Stock Exchange's main index, TEDPIX, gained another 10,256.51 points or 0.47% on Sunday to end at 2,212,642.98. The TSE equal-weighted index jumped 1.68%. About 29.55 billion shares worth...
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