The overall value of exchange-traded funds in Iran’s stock market reached 190.6 trillion rials ($1.49 billion) in the month to November 21, up 3.47% on a monthly basis. ETFs…
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>
Loans to raise working capital of industrial units had a 72% share of the total loans given to mining and industrial companies in the first seven months of the current calendar year to Oct. 22.…
After a one-day hiatus, the stock market in Tehran resumed its record-setting rally climbing more than 1% on Saturday. The main gauge of Tehran Stocks Exchange TEDPIX added 3,904.98…
A report reviewing the performance of different markets during the first seven months of current fiscal year (March-21-October.22) shows investors reaped higher returns from investment in…
A humanitarian channel for food and medicine export to Iran should be launched in the coming months, senior Swiss and US officials told Reuters, helping supply Swiss goods to the Iranian people…
The Computer Emergency Response Coordination Center (MAHER), affiliated to the Telecoms Ministry, has identified and blocked 950 suspicious payment gateways since the beginning of the current…
Tehran Stock Exchange ended trading Wednesday on a flatline following a drubbing in the foreign exchange market. The steep decline in currency prices bucked a bullish trend that…
The rial regained some lost territory against the US dollar on Wednesday after the Central Bank of Iran intervened through its affiliated moneychangers. CBI’s role was…
Benchmark of Tehran Stock Exchange gained more than 1% on Tuesday, extending its winning streak into 17th day. TSE's main index TEDPIX added 3,642.41 points for the day to 339,434.4 as…
In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily bank transactions. As per the new regulations, transactions via…
The Ministry of Roads and Urban Development has come up with a roadmap to streamline the country’s tenancy market.
Responding to the new chaos in the currency market, the Governor of Central Bank of Iran Abdolnasser Hemmati blamed it on developments unfolding in the political, social and economic arena.…
The government sold Manfa’at Sukuk bonds worth 40 trillion rials ($300 million) on Sunday to meet its budgeting needs for the fiscal year that ends in March. Bonds were offered in…
Tehran stocks were again of the ascending order on Sunday as the Tehran Stock Exchange benchmark peaked at 332,567.2, posting 4,942.43 points growth, or 1.51%. A new wave of fluctuations…
In an analytical report appraising measures taken to curb inflation, the Majlis Research Center says the government has resorted largely to temporary and micro measures to curb inflation and…
Bank Melli Iran, the biggest bank in the country said Saturday that it had succeeded in attracting the highest volume of cash both in long-term deposits and Qarz-ul-Hasana (usury-free) saving…
Keeping pace with trends in the domestic currency market, Tehran stocks rallied Saturday to new peaks. The main gauge of Tehran Stock Exchange gained 5,000 points, sending TEDPIX 1.…
The US dollar was traded above the psychological level of 130,000 rials on Saturday and was worth 132,000 rials in Tehran’s open market -- the highest in the past five months.
Major currencies hit six-month highs on Thursday as the US dollar was heading toward the resistance level of 130,000 rials. The greenback climbed above 128,000 rials for the day and was traded…
An unprecedented bank merger is underway in Iran since last March in which five banks and credit institutions affiliated to military organization are being merged with the state-owned Bank Sepah…
Currency rates rose in Iran’s market on Wednesday, extending concerns about fluctuations that began in early November. The US dollar fetched 127,000 rials, gaining more than 2,000 rials,…
Shaparak, Iran’s payment settlement network, processed 2.22 billion transactions worth 2,522 trillion rials ($20 billion) in the last calendar month to Nov. 22. Compared to the month before,…
Economy Minister Farhad Dejpasand says the insurance industry has come of age and can be fully managed by the private sector. Speaking at an insurance event Wednesday, Dejpasand said all…
The benchmark of Tehran Stock Exchange TEDPIX gained 619.57 points, or 0.19%, on Tuesday to end trading at 320,814.4. About 2.81 billion shares valued at 15.39 trillion rials ($123.15 million)…
The government is piling pressure on banks to put an end to their non-bank businesses by getting rid of surplus assets. The push appears to gain momentum in recent weeks as the Ministry of…
