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.

  • Fara Bourse Monthly Performance
    Iran Fara Bourse (IFB) ended the third month of the Iranian calendar year to June 22 on the upside though its main index IFX  declined. According to the IFB public relations office, in the 21...
  • EGFI Guarantees Foreign Investment in Free Zones
    The Export Guarantee Fund of Iran (EGFI) said it is ready to issue guarantees for foreign investment in Iran’s free trade zones. Amir Borhani, the EGFI head, said that the fund is ready to  cover...
  • Stocks Fall
    Tehran Stock Exchange's main index, TEDPIX, lost 27,930.35 points or 1.27% on Tuesday to end at 2,168,197.09 while the TSE equal-weighted index gave up 0.73%. About 8.57 billion shares worth 72.3...
  • CII Gets Go-Ahead for Regulatory  Sandbox for Insurance Startups
    The Central Insurance company of Iran (CII) says it has received a license from the Ministry of Economy to launch a regulatory sandbox.  Ali Bonyadi, the CII deputy for planning and development,...
  • TEDPIX Posts  0.3% Growth
    Thran Stock Exchange's main index, TEDPIX, gained 6,529.39 points or 0.30% on Monday to end at 2,196,131.30 while the TSE equal-weighted index gained 0.79%. About 8.21 billion shares worth 60.11...
  • NDFI Collects $3.3B  in Outstanding Debt
    Mehdi Ghazanfari, the head of the National Development Fund of Iran (NDFI), provided a comprehensive report on the fund's performance at a meeting of board attended by President Ebrahim Raisi.  “...
  • $1.1 Billion Given for  Medicine Import in Q1
    The Central Bank of Iran said it gave $1.1 billion in subsidized foreign currency for importing medicine in the first three months of the current fiscal year that started in March. Forex was...
  • Share Market Higher
    Tehran Stock Exchange's main index, TEDPIX, gained 26,985.41 points or 1.25% on Sunday to end at 2,189,601.7 and the TSE equal-weighted index climbed 0.98%. About 10.11 billion shares worth 74.38...
  • Moneychangers Say Want to Trade Online
    The Association of Bureaux de Change has called on the Central Bank of Iran to let exchange shops trade foreign currency online.  "If the laws are revised to allow people to buy and sell currency...
  • Shares Lower
    Tehran Stock Exchange's main index, TEDPIX, lost 11,278.16 points or 0.52% on Saturday to end at 2,162,616.29 and the TSE equal-weighted index dropped 0.43%. About 8.7 billion shares worth 64.45...
  • New E-Payment Fee Comes Into Effect
    The new fee system for payment transactions will come into effect on Sunday, the Central Bank of Iran said. Henceforth retailers and shop owners who use POS terminals for e- payments will have to...
  • TSE’s Monthly Trade Declines
    The Tehran Stock Exchange posted a drop in trade in the third month of the current fiscal year (started March 21), after a rally for a few months.  In 21 sessions, the main index of Tehran Stock...
  • Iran Remains on FATF Blacklist
    The international money-laundering watchdog the Financial Action Task Force said Friday that it had made no changes in its blacklist, which for the moment includes three countries Iran, Myanmar and...
  • CBI Says Will Continue  Working on CBCD
    The Central Bank of Iran has denied any change in the agenda of the Crypto-Rial project. According to the CBI public relations department, the regulator is working on its Central Bank Digital...
  • €12B Suppled to  Market via ICE
    The Central Bank of Iran said €12.7 billion was supplied to the market via the Iran Center of Exchange (ICE) after it launch in late February. From the total forex offered via the ICE, €7.05...
  • 2 Banks Account  for 56% of NPLs
    Bank Sepah and the Bank of Industry and Mine (BIM) collectively account for the than 56% of the total non-performing loans, during the last fiscal year finished in March 2023. According to IRNA,...
  • Stocks Break Losing Streak
    Tehran Stock Exchange's main index, TEDPIX, gained 6,945.07 points or 0.32% on Wednesday to end at 2,173,893.39 and the TSE equal-weighted index climbed 0.98%. About 7.04 billion shares worth 55....
  • Home Loans Double
    The Money and Credit Council (MCC), the decision-making body of financial markets, approved a new measure as per which the maximum value of loans for purchasing and constructing housing units is...
  • Check Payments Rise
    The value of checks rejected in the calendar month to May 22 shot up 65.2% on the earlier month to reach 513 trillion rials ($1.04 billion) while their volume stood at 600,000 – down 33.2%,...
  •  Rules Separating Personal, Commercial  Bank Accounts Are in the Final Phase
    Regulations for separating personal and commercial bank accounts will be finalized this week, the Iran National Tax Administration (INTA) said. Mohammad Hadi Sabahian, the INTA head said, “More...
  • AML Authority Warns  Acquirers to Play by the Rules
    The Supreme Council for Anti Money Laundering and Counter Financing Terrorism has announced new measures to control and curb suspicious transactions. According to IRNA, retailers who reject card...
  • Private Banks Demand a  Fair Share of Service Fees
    Kourosh Parvizian, the CEO of Parsian Bank and head of Private Banks and Credit Institutions Council has called for a fair and meaningful reform in the fee system for banking services. “With the...
  • Stocks Inch Up
    Tehran Stock Exchange's main index, TEDPIX, gained 1,308.56 points or 0.06% on Monday to end at 2,164,225.70 and the TSE equal-weighted index was up 0.73%. About 12.13 billion shares worth 89.58...
  • Shares Fall
    Tehran Stock Exchange's main index, TEDPIX, lost 19,896.34 points or 0.91% on Sunday to end at 2,162,916.86 and the TSE equal-weighted index plunged 1.48%. About 35.36 billion shares worth 158.78...
  • TSE to Unveil First Hedge Fund
    The Tehran Stock Exchange (TSE) is working to establish the first hedge fund, the SENA news agency said Sunday.  Mahmoud Goodarzi, the TSE chief said, "We have met financial institutions to...

Pages

Financialtribune.com