Insurance companies are facing restrictions for transferring risk to foreign reinsurance companies, though talks are underway with reinsurance companies in Azerbaijan, Russia and Syria,…
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.
The government plans to offer its shares in Tabriz Oil Refining Company and two insurance firms, namely Alborz Insurance Company and Amin Reinsurance Company in the near future.
Tehran stocks opened trading week on a high note Saturday, extending a bullish trend that has dominated the market for six consecutive days. The main gauge of Tehran Stock Exchange…
Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US…
Foreign Minister Mohammad Javad Zarif said Iran and India are discussing ways to address the remaining bilateral issues ahead of Bank Pasargad’s plan for opening a branch in Mumbai, that country…
The Majlis has voted in favor of including life insurance policies in the list of goods and services exempt from value-added tax.
The Tehran Stock Exchange was about 500 points shy of the psychological level of 400,000 points at the end of trades on Wednesday. The main index TEDPIX gained 3,533.25 points, or 0.89%,…
Banks and credit institutions owed the Central Bank of Iran 2,085 trillion rials ($16 billion), by the end of the eighth month (November 21) of current Iranian fiscal year that ends in March.
Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion. According to a…
The total value of trade in Iran’s stock market registered a year-on-year growth of 118.5% during the first eight months of the current fiscal year, yielding the highest return compared to other…
Tehran Stock Exchange extended its bullish trend into the fourth day on Tuesday after making unprecedented losses last week spurred by political tensions. The TSE's main gauge TEDPIX…
With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold. According to a…
Officials with Iran’s capital market are looking at the possibility of bringing more foreign investors, the advisor on international affairs at the Securities and Exchange Organization said.…
Entrepreneurs, business owners and state officials met on Monday to mark the fourth Amin al-Zarb Awards ceremony, organized by the Tehran Chamber of Commerce, Industries, Mines and…
Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the previous Iranian fiscal year (March 2018-19) by the end…
Tehran Stock Exchange jumped 4.4% with its main index, TEDPIX, soaring 15,800 points on Sunday as investors strive to make up for the deep losses last week triggered by fears over the escalation…
The Ministry of Industries, Mining, and Trade is planning a bigger role for the stock market in funding the industrial sector, the Minister said. Speaking to businesspeople on Saturday,…
Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market began responding to de-escalation of political and military tensions in the region. …
The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage liquidity. As per…
Tehran stocks made a U-turn at the start of trade on Saturday after sharp losses last week. Buoyed up by relative calm on geopolitical landscape, investors, who were largely positioned on the…
Following sharp falls in the Tehran stock markets throughout last week, a senior bank official spoke about a plan to help support the market by granting loans to investors for purchasing…
Banks and credit institutions have sold property and non-financial assets worth 150 trillion rials ($1.1 billion) since the beginning of current fiscal year in March 2019, said an official with…
Opening a long-awaited joint bank to boost trade between Iran and Iraq, is crucial for enhancing the presence of Iranian firms in Iraq, says the head of Iran-Iraq Joint Chamber of Commerce.
Finance securities topped the list of stock market players and industries in terms of value of trade during the last calendar month ending Dec. 21.
Tehran stocks extended a losing streak for the fourth day on Wednesday as geopolitical tensions continue to shake financial markets across continents. Tehran’s stock market fell 1.4% at…
