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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August 20,2019CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making. -
August 18,2019A former governor of the Central Bank of Iran says the regulated foreign exchange market would be a significant step by the CBI toward a single rate currency. Welcoming the positive aspect of the...
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August 18,2019The Statistical Center of Iran has published a new report on home and land prices, as well as rents, in the capital city during the first quarter of the current Iranian year (March 21-June 21),...
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August 18,2019The Central Bank of Iran has obliged importers who use subsidized currency to sell their goods via a transparent distribution network, according to a CBI official. “Commitment of importers...
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August 18,2019Caretaker of the Trade Promotion Organization of Iran says exporters who hire commercial cards have abused loopholes in export rules and incur extra costs on export formalities. Mohammadreza...
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August 17,2019In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing export...
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August 17,2019Local banks saw a significant rise in the volume of bounced checks during the last calendar month ending July 22, according to the latest reports published on the Central Bank of Iran website. Out...
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August 17,2019Head of the Iran-Afghanistan Joint Chamber of Commerce says central banks in the two countries are looking for ways to resolve problems hurting banking ties between the two neighbors. Hossein...
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August 16,2019In a report on the misuse of the National Development Fund of Iran, the Majlis Research Center says a large part of the sovereign wealth fund has been used in sectors outside the purview of the...
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August 16,2019The main index of Tehran Stock Exchange TEDPIX rose more than 2.4% during the trading week to Wednesday.
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August 14,2019The Statistical Center of Iran has published its latest figures on the number of building permits issued in the country. The new data show the number of permits issued during the fourth quarter...
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August 14,2019Rouhollah Hosseini Moqaddam was appointed as a new member of the Securities and Exchange High Council.
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August 14,2019In a directive to administrative bodies on Wednesday, the Plan and Budget Organization outlined procedures for implementing a multilateral bartering scheme involving the government, private...
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August 14,2019The head of Iran Blockchain Community says imposing high tariffs on electricity consumption by cryptocurrency mining is actually pushing miners out of Iran and into neighboring countries waiting...
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August 14,2019Drawing on earlier gains on Tuesday, Tehran stocks soared Wednesday as investor sentiment got a boost by upbeat trends in global commodity markets. The main gauge of Tehran Stock Exchange...
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August 13,2019Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture says lopping off zeros from the national currency will not produce the desired results unless the initiative is intertwined...
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August 13,2019Traditionally influenced by domestic currency rates, Iran’s gold market has moved away and taken a different route since the past week amid soaring prices in global markets. Despite the bearish...
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August 13,2019The main gauge of Tehran Stock Exchange climbed 1,221 points or 0.48% on Tuesday to enter the 257,000-point channel for the first time in its history. The bourse was dominated by trade in the...
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August 12,2019On government behalf the Economy Ministry will offer standard parallel salaf securities for crude oil worth 50 trillion rials ($427 million) today (Tuesday). The Iran Energy Exchange will host the...
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August 12,2019The Central Securities Depository of Iran in its new report said the value of exchange-traded funds reached 146.09 trillion rials ($1.23 billion) by the end of the calendar month to July 22. ...
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August 12,2019The main Tehran Stock Exchange index has grown more than 78,000 points since the beginning of the fiscal year (March 21) to August 11. According to Tejarat News website, the figure indicates 43%...
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August 10,2019Light crude oil will be offered Tuesday in the international ring of Iran Energy Exchange, according to a notice on the IRENEX website.
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August 10,2019Governor of the Central Bank of Iran says the government is opposed to the repatriation of export earnings in rial as it would weaken the economy. “It does not make sense to repatriate earnings in...
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August 10,2019A new generation of mobile payment network will be unveiled soon, said an official with the local payment settlement network regulator, Shaparak. The new system does not require using debit...
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August 09,2019The cost of money has declined up to 1.5% following a government decision to scrap the overnight interest rate policy on deposits in January, head of the Association of Private Banks and Credit...
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