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 01,2020Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday. Hitting a historic high of 113.6 million rials... -
August 01,2020Tehran’s stock market moved higher at the start of trading week on Saturday as investors’ attention shifted again toward giants in the market. The benchmark of Tehran Stock Exchange, TEDPIX,...
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July 31,2020A total of 14,047 homes were sold in the capital during the fourth month of the current fiscal year (June 21-July 21), registering a 30.3% rise compared with the preceding month. They saw a year-...
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July 31,2020The Civil Servants Pension Fund (CSPF), the second largest pension fund in Iran, is planning to launch an exchange-trade fund, the CEO said.
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July 31,2020Expansion of monetary growth has again been blamed on the Central Bank of Iran’s obligation to purchase forex from the National Development Fund of Iran and settle the payment in rials, an “ill-...
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July 31,2020The Export Guarantee Fund of Iran is planning to open 21 offices in the provinces to help address exporters’ increasing demand for guarantees. "Provincial offices should ease the process of...
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July 29,2020Central Bank of Iran says use of one-time-password (OTP) has resulted in a significant drop in phishing and exposure of sensitive information about bank accounts. Phishing cases in the last month...
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July 29,2020The Planning and Housing Economy Office of the Ministry of Roads and Urban Development has released a report on Tehran's housing market in the fourth month of the current Iranian year (June 21-July...
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July 29,2020The government sold 44 trillion rials ($191 million) in bonds at the weekly auction on Tuesday. So far it has generated 464 trillion rials ($2 billion) in nine auctions that have been set up to...
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July 29,2020Tehran stocks took a drubbing unseen since May 26 at the close of trading week on Wednesday after sell-off in blue chips deepened. The main index of Tehran Stock Exchange, TEDPIX, lost 1.9%...
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July 28,2020Iran’s foreign debt dropped from $9.031 billion at the end of the last fiscal year (March 19) to $8.65 billion by the end of the first quarter of current fiscal on June 21. The external debt...
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July 28,2020Power plants can supply authorized cryptocurrency miners so long as the electricity is sold at the agreed (lawful) tariffs, a spokesperson for the Power Generation, Distribution and Transmission...
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July 28,2020Banks and credit institutions in Iran paid 2,247.8 trillion rials ($9.7 billion) in loans during the first three months (March 20-June 21, 2020) of current fiscal year. Compared to the...
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July 28,2020Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier.
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July 28,2020Tehran Stock Exchange closed in positive territory Tuesday despite many large-cap shares traded lower as the TSE’s benchmark toiled to break past the 2-million-point milestone. Stocks began...
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July 27,2020Head of the Export Department of the Central Bank of Iran on Monday gave some clarification about the €25 billion in unreturned export earnings. This comes after business leaders last week called...
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July 27,2020A Swiss pharmaceutical company has completed the first transaction under a new humanitarian trade channel with Iran, the government in Bern said on Monday.
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July 27,2020Tehran stocks extended a losing streak into the second day on Monday as sell-side pressure remained high under retreat of blue chips. The benchmark of Tehran Stock Exchange, TEDPIX, dropped by 12,...
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July 26,2020The value of commodities traded at the Iran Mercantile Exchange increased by 23% in the last calendar month (June 21- July 21) compared with a month earlier. In volume terms, the deals rose 8%.
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July 26,2020The Central Bank of Iran reported that growth in broad money supply picked up during one year, rising by 34.2% by end of the calendar month to June 21 compared with the same period last year. ...
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July 26,2020Governor of the Central Bank of Iran Abdolnasser Hemmati has called on President Hassan Rouhani to incentivize exporters who have fulfilled their commitment to repatriate their overseas revenues...
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July 26,2020Tehran stocks fell on Sunday as the Tehran Stock Exchange benchmark, TEDPIX, faltereds near the psychological level of 2 million points and chart patterns suggested correction in the prices of blue...
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July 25,2020Iran Insurance Company, the largest and sole state-owned player in the domestic market, generated 47 trillion rials ($213 million) in premiums in the first three months of fiscal year (March 21-...
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July 25,2020A member of the High Council of Securities and Exchange said Saturday that the council has approved the decision to set up a real estate exchange. The new exchange market, will be the fifth...
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July 25,2020Leaving behind a two-day correction phase, Tehran stocks opened Saturday in positive territory amid spike in foreign exchange rates, which always whet investor appetite for commodities and other...
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