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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December 06,2021Transactions processed by the electronic card payment network, Shaparak, increased 11.86% on a monthly basis to 6,677 trillion rials ($23.8 billion) in the month ending Nov. 21. More than 3.28... -
December 06,2021After a short-lived rally a session earlier, sell-side pressure picked up again in Tehran’s share market on Monday, paring early hour gains. The benchmark of Tehran Stock Exchange, TEDPIX,...
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December 05,2021Tehran stocks closed higher on Sunday bucking a declining trend that lasted for four consecutive sessions as spike in currency prices stimulated demand for commodity stocks. The benchmark of...
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December 05,2021The government has agreed to again extend the loan repayment timelines for troubled manufacturers, the Economy minister said. According to Ehsan Khandouzi, the National Coronavirus Headquarters...
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December 05,2021Insurance companies generated 630 trillion rials ($2.1 billion) in premium income in eight months to Nov 22 up 43% on the same period last year, the head of the Central Insurance company of Iran...
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December 05,2021Listed firms reported an average 59% increase in sales in the last calendar month to Nov.21 compared with the corresponding month a year before. Data from financial statements of listed companies...
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December 05,2021Supply of foreign currency to the regulated wholesale market and the secondary forex market known as Nima increased in the current fiscal year (started March), an official with the Central Bank of...
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December 04,2021Iranian and Russian companies are gradually trading in their national currencies, the chairman of the Russia-Iran Business Council (RIBS) said.
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December 04,2021Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari on Saturday criticized the government for its intervention in the stock market. Khansari singled out the...
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December 04,2021The currency market in Tehran was highly volatile on Saturday, apparently riven by negative political developments that sent forex and gold prices to the highest in past 14 months. The dollar...
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December 04,2021Tehran stocks Saturday extended a long losing streak that has lasted for four straight sessions. However, sell-side pressure on large caps relaxed at the close of trade following the spike in...
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December 03,2021The Central Bank of Iran said its next step toward controlling broad money will be robust monitoring of lending by banks. The regulator wants to tap existing electronic platforms to control...
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December 03,2021Banks will give new loans to households impacted by the Covid-19 pandemic, the economy minister said. Ehsan Khandouzi said Qarzol-Hasana (interest-free) loans worth 100 million rials ($345) will...
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December 03,2021Tehran stocks ended trading week bearish extending the spate of losses into the third week as sell-side pressure reused to abate and capital outflow continued. The benchmark of Tehran Stock...
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December 03,2021Iran's external debt stocks amounted to $5.451 billion in 2020, posting a year-on-year growth for the first time since 2010, according to World Bank Global Debt Report 2022. Total external debt...
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December 01,2021TehranRuck Reinsurance Company has issued a subscription notice to sell shares. In a notice seen on Iran Fara Bourse website, investors can subscribe for the shares from Saturday for 15 days....
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December 01,2021The government plans to sell 58.4 trillion rials ($201 million) in bonds at the weekly auction next week. Maturity dates are October 2022 and October 2023, according to a notice on the Central...
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December 01,2021Tehran stocks closed trading week on Wednesday under unabating pressure from sellers and extended the losing streak into the third session. The main gauge of Tehran Stock Exchange, TEDPIX, lost 17...
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December 01,2021The Securities and Exchange Organization has ordered listed banks and credit institutions to incorporate data on investment in shares and bonds in their monthly financial reports. Prior to this...
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December 01,2021Loan-to-deposit ratio (LDR) stood at 81.2% during the calendar month ending August 22, according to data released by the Central Bank of Iran. It was 1 percentage point higher on the month...
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November 30,2021Of the total 12.5 million active retail payment gateways in Iran, only half have tax records, the deputy chief of the Iranian National Tax Administration said. Mahmoud Alizadeh told state TV an...
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November 30,2021Foreign exchange rates declined in Tehran’s free market on Tuesday, mostly under the influence of positive reports related to the new round of Iran’s nuclear talks in Vienna. Eghtesadnews website...
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November 30,2021Stocks closed on Tuesday mainly lower with the benchmark of Tehran Stock Exchange losing 0.5%. The market cap-weighted TEDPIX shed 6,845.61 points to end trade at 1,357,093. The equal-weighted...
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November 30,2021Data released by the Central Bank of Iran show broad money surged 42.8% in the 12 months to Oct. 22. Broad money was in the region of 42,275 trillion rials ($150 billion) up 21.6% in the first...
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November 29,2021The Plan and Budget Organization has proposed 21,120 trillion rials ($75 billion) in the March 2022-23 fiscal budget for government-controlled companies and state banks. This is 34.4% higher...
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