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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November 02,2022Since the beginning of the calendar year in late March banks and credit institutions gave 1,080 trillion rials ($3.22 billion) loans to low-income people , namely to bolster youth marriage and... -
November 01,2022The National Iranian Gas Company (NIGC) has informed cryptocurrency miners about a rise in natural gas prices for the current fiscal year (started in March 2022). As per the decision, each cubic...
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November 02,2022The main index of Tehran Stock Exchange, TEDPIX, gained 10,623.43 points or 0.84% on Tuesday to end at 1,280,456.23. About 9.08 billion shares worth 54.99 trillion rials ($189.6 million) changed...
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November 01,2022The Securities and Exchange Organization (SEO) is set to announce further support policies to help address mounting concerns of shareholders, the SEO chief said. "The measures are unrelated to...
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November 01,2022The Central Bank of Iran on Monday revealed a draft of its central bank digital currency (CBDC) project whitepaper, known as the crypto-rial and called for recommendations before moving forward. ...
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November 01,2022The main index of Tehran Stock Exchange, TEDPIX, gained 15,368.45 points or 1.23% on Monday to end at 1,269,833.38. An estimated 16.28 billion shares worth 92.6 trillion rials ($319.3 million)...
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October 31,2022The government sold 12% of its shares in the Persian Gulf Petrochemical Industries Company (PGPIC) on Monday worth 1,087 trillion rials ($3.33 billion) marking "the largest privatization deal in...
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November 01,2022The Securities and Exchange Organization (SEO) cannot alone reverse the extended frustration that has cast a shadow over the capital market while other sectors of the economy make it ever harder...
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October 30,2022Life insurance has become the main source of premium income for some private insurance companies, data released by the Central Insurance company of Iran (CII), the supervisory body of the sector,...
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October 30,2022The loans to deposit ratio (LDR) declined for six months to September 22. It was 81.4% at the end of H1, which was 1.8 percentage points lower than the beginning of the fiscal year in March at 83.2...
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October 30,2022The main index of Tehran Stock Exchange, TEDPIX, gained 9,837.53 points or 0.79% on Sunday to end at 1,254,464.84. About 7.41 billion shares worth 50.62 trillion rials ($174.6 million) changed...
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October 30,2022More than 552,000 checks bounced in the sixth calendar month to September 22, down 14% on the month before as banks cleared more checks compared to the recent past. The checks were worth 353...
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October 29,2022Close to 300 exchange bureaus have started publishing their buy/sell and supply/demand data live on the regulated market website, the governor of the Central Bank of Iran said. “After exporters...
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October 29,2022Tehran stocks posted meager growth on the first day of the week on Saturday after huge losses last week. The main index of Tehran Stock Exchange, TEDPIX, hardly gained 3,560.62 points or 0.29% to...
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October 29,2022A comprehensive package designed to support the stuttering stock market came into effect on Saturday. Henceforth the portfolio of private persons, worth up to a billion rials (around $3,000) for...
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October 28,2022Tehran’s share market was hit by the biggest weekly loss since the beginning of the year in March as the bruising sell-off dragged on.
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October 28,2022Forex trade at negotiated rates amounted to $700 million since June when the Central Bank of Iran allowed moneychangers to purchase currency from exporters at “agreed prices”. Mehdi Hadinejad,...
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October 28,2022The Central Bank of Iran said broad money and the monetary base continued to descend in the calendar month to Sep 22. Broad money stood at 55,949.3 trillion rials ($170.47 billion) in the period...
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October 26,2022The government’s bond offer got another cold shoulder this week as the main buyers (banks and institutional investors in the stock market) stayed away. Debt worth 7.83 trillion rials ($23.8...
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October 26,2022The National Development Fund of Iran has collected $5.5 billion from the $7 billion unpaid by borrowers, the director of the sovereign wealth fund said. “This was after protracted negotiations...
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October 28,2022Tehran Stock Exchange recorded the second worst performance day on Wednesday since the beginning of the current fiscal year in March. The TSE main index TEDPIX lost 25,993.75 points or 2.05% to...
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October 26,2022Forex rates both in the regulated and the free market have seen little fluctuation in the recent past and should stabilize with improved arrangement the governor of the Central Bank of Iran said on...
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October 25,2022The main index of Tehran Stock Exchange, TEDPIX, lost 10,675.49 points or 0.84% on Tuesday to end at 1,267,060.73. About 4.96 billion shares worth 29.48 trillion rials ($91.3 million) changed...
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October 25,2022The government economic taskforce headed by President Ebrahim Raisi approved new measures Monday to help revive the long-struggling capital market -- namely reducing tax on share trade and...
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October 25,2022The National Informatics Corporation (NIC), Central Bank of Iran's technology arm, says the recently launched regulatory sandbox should help boost investment in fintech startups. "By entering the...
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