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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May 29,2020South Korea will send to Iran $500,000 worth of medicine this week, the foreign ministry in Seoul said, in the first such humanitarian exports to the country since the United States tightened anti-... -
May 29,2020The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the Murabeha bonds on the interbank trading platform. Bonds are...
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May 27,2020The Ministry of Economy has made a proposal to the Securities and Exchange Organization to create Real Estate Investment Trusts (REIT) to help fund the key housing sector, a deputy economy minister...
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May 27,2020The currency market experienced a significant downturn on Wednesday after more than two weeks of bull market amid a noticeable decline in forex trade in Tehran’s open market. Drop in currency...
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May 27,2020Majlis Research Center, the influential research arm of the parliament, has surveyed the performance of Iran’s housing and urban development, and measures taken to improve housing conditions over...
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May 27,2020Tehran stocks ended trading week on Wednesday in positive territory to buck a bearish trend that dominated the market for three sessions in a row. The main gauge of Tehran Stock Exchange, TEDPIX...
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May 26,2020Tehran Stocks opened in negative territory after a two-day Eid holiday, marking the end of the holy month of Ramadan, amid growing concern among investors that the bear market is here to stay. ...
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May 26,2020The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at 22% during the current fiscal year that ends in March 2021. The announcement came...
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May 26,2020Two newly listed companies, a petrochemical company and one active in the food industry, will go public on Wednesday. Arya Sasol Polymer Company, which is listed at the junior equity market Iran...
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May 26,2020A total of 11,569 homes were sold in Tehran from April 20 to May 20, the second month of the current Iranian year, to register a whopping upsurge of 790% compared with the preceding month, the...
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May 25,2020The Statistical Center of Iran has published its latest report on home and land prices as well as rents in the capital city Tehran during the fourth quarter of the last Iranian year (Dec. 22, 2019-...
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May 25,2020The number of checks passed by banks declined sharply in the month to April 18, marking the first month of current fiscal year (March) and coinciding with the Persian New Year holiday season and...
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May 25,2020With the subscription deadline set by the government’s bank-based exchange-traded fund ending on May 21, the Ministry of Economy announced that more than 58.86 trillion rials ($345 million) were...
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May 25,2020The process of merging two of five military banks and credit institutions with the state-owned Bank Sepah will be complete early next month, governor of the Central Bank of Iran said. "Bank...
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May 22,2020Fluctuations in forex market in recent months have compelled the Central Bank of Iran to seek help from authorized exchange bureaus to restore stability to the chaotic market. Outlining the...
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May 22,2020Most insurance companies have stopped issuing personal auto policies, following orders from the Central Insurance company of Iran (CII) to digitize their operations in this category. But it has...
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May 22,2020Trade of the so-called Justice Shares will start officially on May 26, with shareholders allowed to place sale orders for 30% of shares in their portfolio at the initial stage. Justice Shares are...
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May 20,2020Yazd Rubber Industries Complex, a major tire producer in central Iran, offered 10% of its shares in an initial public offering on the junior equity market Iran Fara Bourse on Wednesday.
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May 20,2020The general price index of construction materials for residential properties in Tehran stood at 457.4 in the fourth quarter of the last Iranian year (Dec. 22, 2019-March 19), according to the...
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May 20,2020The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and 194,000 rials in Tehran's open market. The greenback was traded 0.9% higher than...
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May 20,2020A memorandum of understanding was signed between the Securities and Exchange Organization and the judiciary’s Social And Crime Prevention Department to minimize abuse and misdemeanors in Iran’s...
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May 20,2020The government-owned Bank Melli Iran said it divested its non-financial assets worth 17.4 trillion rials ($102 million) in the last fiscal year (March 2019-20). Among the important properties...
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May 20,2020Stocks tumbled in Tehran at the close of trading week Wednesday as investors continued to shun shares of major listed companies and turned increasingly to small-cap stocks. The main gauge of...
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May 19,2020Following a sharp rally a day earlier, Tehran stocks lost momentum again on Tuesday as investors turned their focus away from large-caps to smaller listed companies. The market-cap weighted...
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May 19,2020Earnings from the first phase of the government’s disinvestment plan will be used for development projects stated in the fiscal 2020-21 budget, a deputy minister of economy said. The government...
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