Close to 50% of the population in Iranian metropolises are living in rented homes, a deputy roads and urban development minister said. Mahmoud Mahmoudzadeh added that findings of the National…
Business And Markets
<p>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.</p>
After sold gains in four previous sessions, Tehran stocks appeared lukewarm on Monday as investors were more inclined to sell and save gains. The main index of Tehran Stock…
Iranian exporters’ difficulties in getting paid by their foreign buyers is a major risk to their business, says the managing director of Export Guarantee Fund of Iran. Pointing to…
Deposits in banks and credit institutions increased by more than 5,500 trillion rials ($32.3 billion) in one year ending Feb 19, indicating 27.5% rise compared to the corresponding period a year…
Bank Melli Iran, the biggest lender, accepted 14,000 marriage loan applications worth 7.4 trillion rials ($43.5 million) during the first two months of current fiscal year (March 20-May 20).…
The Purchasing Managers' Index in the second month of the current fiscal year (April 20-May 20) settled at 60.55 from 18.75 in the preceding month (March 20-April 19), showing signs of recovery…
Tehran stocks experienced one of its best days on Sunday climbing more than 4.4% as sentiments were boosted by new government pledges to support the market. The benchmark of Tehran…
Association of Bureaux de Change Operators of Iran has required authorized moneychangers to keep a record of their daily operations in the central bank-affiliated SANA system and Nima platforms…
The government’s decision to offer its stakes in several companies in the stock market and allow the so-called ‘Justice Shares’ to be tradable saved the bourse from a potential bubble…
The benchmark of Tehran Stock Exchange moved to new highs at the start of trading week on Saturday amid renewed investor sentiments toward the market’s future. TSE’s main gauge, TEDPIX,…
Transactions processed by Iran’s electronic payment network (Shaparak) shot up in the last calendar month to May 20 as businesses gradually opened after lockdowns over the coronavirus pandemic…
The price of Emami gold coin fell by 2.2% on Saturday in Tehran after posting a near permanent increase for weeks. According to the Tehran Gold and Jewelry Union website, the coin was…
In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new…
Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates.
In the first Central Bank of Iran auction of Islamic bonds on Tuesday, the government generated 51 trillion rials ($300 million). The move to open a primary interbank market for bond auctions…
Brokerage firms processed 7,024 trillion rials ($41 billion) in stock market deals in the first two months of the current fiscal year (March 20 to May 20), around 40% of which was handled by…
The remarkable performance of Iran’s share market in recent months can attract foreign investors, the deputy foreign minister for economic affairs said. In a review of the Foreign…
The main gauge of Tehran Stock Exchange climbed more than 1.8% on Monday adding 17,708 points to stand at 988,188 points, drawing closer to the 1,000,000 milestone.
The Monetary and Banking Research Institute has proposed a series of proposals to supplement previous measures to cope with negative impact of Covid-19 on the economy.
Mehr Eghtesad Bank officially merged with Bank Sepah on Monday, becoming the second military-affiliated bank in Iran to merge with the state-owned Sepah. Mohammad Kazem Choghazardi, CEO…
The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit. BMI will transfer the money to the CBI and…
Bank Maskan, the main housing lender intends to raise funds from the bond market to be able to help a bigger number of first-time homebuyers. According to IBENA, the news agency of the Monetary…
Tehran’s stock market went through two different trading versions on Sunday, with the benchmark of Tehran Stock Exchange rising nearly 14,000 points in early hours of trading before sliding into…
The Central Bank of Iran said it will implement more aspects of open market operation that involves regulating the borrowing of lenders from the CBI by obliging them to put up enough collateral…
Seventeen out of Tehran’s 320 neighborhoods (constituting about 5%) account for 52% of total home deals in the capital city, says an official with Bank Maskan, the state’s agent bank for the…
