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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September 28,2019The Economy Ministry has procured 50 trillion rials ($438 million) for financing oil projects by selling standard parallel salaf contracts via Iran Energy Exchange (IRENEX). In the first round of... -
September 28,2019The number of bounced checks fell 9.8% during the Iranian month ending Aug. 22 compared with a month earlier, according to the Central Bank of Iran’s latest report. More than 647,000 checks worth...
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September 28,2019Tehran Stock Exchange trading began on Saturday in positive territory amid investors’ enthusiasm about half-yearly reports of listed companies, extending a bullish trend into the sixth day. The...
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September 27,2019The Export Guarantee Fund of Iran and Iraq’s Kurdish Regional Government signed a memorandum of understanding based on which a credit line worth $200 million will be opened for traders exporting to...
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September 27,2019To help bolster government efforts to modernize the ageing tax regime, banks have been ordered to send data on the financial transactions of tax payers to the Iranian National Tax Administration,...
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September 27,2019Since the beginning of the current fiscal year (March 21), TEDPIX, the main index of Tehran Stock Exchange, soared 135,750 points, or 75.98%, to stand at the historic level of 314,409 until the...
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September 25,2019The governor of Iran’s central bank says the country has totally scrapped US dollar in trade with Russia and Turkey, and trade partners are using their national currency instead. According to...
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September 25,2019The number of home sales in Tehran slumped to a decade-low of 2,855 deals during the month ending Sept. 22, indicating declines of 72.9% and 15.2% compared with the same period of last year and the...
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September 25,2019Domestic business climate improved in winter of the last calendar year (Dec. 22, 2018-March 19, 2019), the Majlis Research Center said in a report Tuesday. MRC reported on the business climate...
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September 24,2019In a directive to banks and credit institutions, the Central Bank of Iran has obliged borrowers to submit credit rating reports from relevant rating companies. As per the bylaw, lenders must...
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September 24,2019The benchmark of the Iran Fara Bourse, the junior stock market, stood at 4,017 by the end of last calendar month to Sep.22, registering a 78% growth since the beginning of the current fiscal year...
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September 24,2019Tehran’s stock market was sluggish on Tuesday after making a historic advance a day earlier as investors moved to sell shares to save past gains. The main gauge of Tehran Stock Exchange made a...
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September 23,2019Selling gasoline via the Iran Energy Exchange on average generates $200 million a week, the managing director of IRENEX said. “Over the past seven weeks more than 100,000 tons of gasoline was...
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September 23,2019The Statistical Center of Iran has published a new report on home and land prices, as well as rents across urban areas of the country during the first quarter of the current Iranian year (March 21-...
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September 23,2019An estimated €7.98 billion in non-oil export revenues was repatriated through the Central Bank of Iran's secondary market in the first half of the current fiscal year (started March 21). A monthly...
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September 23,2019Tehran stocks made a solid 3.1% gain on Monday cheered by the dramatic rise in demand for refinery, petrochemical and metal stocks. Riding on the tailwinds of fresh liquidity inflow, the main...
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September 22,2019The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20). The...
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September 22,2019Managing director of the company overseeing the regulated foreign exchange market said Friday’s fire will not have a major impact on the opening of the long-awaited currency market.
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September 22,2019In the run-up to opening the Open Market Operation, governor of the Central Bank of Iran is setting up a committee to handle the executive affairs of the OMO. The five-member team will draft and...
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September 22,2019The main gauge of Tehran Stock Exchange nudged 1.4% higher on Sunday amid investors’ optimism on the eve of half yearly reports of companies. The benchmark clawed back above historic point of 300...
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September 21,2019Senior bank and government officials have belittled the new US sanctions imposed Friday on Iran’s central bank, unanimously branding the move as a visible sign of desperation by Donald Trump and...
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September 21,2019The overall value of exchange-traded funds reached 150.39 trillion rials ($1.33 billion) by the end of the calendar month to August 22, a report by the Central Securities Depository of Iran said...
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September 21,2019The number of accounts opened with Bank Maskan, the agent bank of the housing sector for home loans, under the so-called "Housing Savings Account" scheme, registered an average weekly decline of 62...
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September 21,2019Tehran stocks rallied on Saturday, recovering losses over the last trading week, with the main gauge gaining more than 3,500 points, or 1.2%, to 297,712. Mineral, telecom, bank and refinery...
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September 20,2019With a new person in charge of the IT department of Iran’s central bank, long-awaited reforms in bank service fees will be announced in the near future as part of a broader banking reform package...
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