Iran Mercantile Exchange plans to launch a pistachio futures contract in the coming week, a deputy at the IME said Saturday. According to Alireza Nasserpour, the first pistachio futures…
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>
Bank Maskan, the state-run agent bank of housing sector in Iran, granted 4,834 construction loans worth 3,659 billion rials ($31.95 million) to real-estate developers during the month ending Aug…
The stock market in Iran, for a long time dogged by US sanctions, has notched up a notable achievement: ranking among the world’s best performing over the past 12 months.
In line with efforts to help promote corporate governance and protect the rights of bank depositors and shareholders, the Central Bank of Iran has announced restrictions on ownership of banks’…
The national currency is 40% stronger than the last fiscal year (ended March 20), says Abdolnasser Hemmati, governor of the Central Bank of Iran. He made the statement in a note posted on…
Bank Mellat received compensation it had demanded on the UK after the lender won a court case against the UK Treasury in June. In a letter to the Securities and Exchange Organization, the…
The government plans to resume offering its remaining shares in state-owned companies after making some changes governing divestiture of state properties to private firms, the economy minister…
Most symbol tickers of Tehran Stock Exchange began trading in green on Tuesday, with the benchmark rising more than 4,000 points, before making a U-turn in the late hours of trading.…
Gold coin prices fell 30% in the past 12 months from 55 million rials last October to around 40 million rials now. Mohammad Keshti-Aray, president of the Specialized Gold and Jewelry…
Eight more countries have decided to join the financial mechanism for trade with Iran, in addition to states that have been part of the mechanism, said Nathalie Tocci, an aide to EU High…
During the calendar month to June 22, total deposits with banks and credit institutions reached 21,765 trillion rials ($190.09 billion), up 26.6% year-on-year. Total deposits grew 5.3% compared…
Banks are set to dispose of assets to the tune of 600 trillion rials ($5.6 billion) by the end of the fiscal year (March 2020), a deputy minister of economy told a press conference on Monday.…
After a one-day hiatus, stocks resumed their rally on Monday with the benchmark of Tehran Stock Exchange TEDPIX climbing more than 2% to 324,705. TSE underwent a brief correction phase a day…
Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the monetary system and postponing it to the future will not help.
A new report has drawn on the data released by the National Census and the Statistical Center of Iran to review the pace of population growth and home ownership/tenancy during a 20-year period…
The number of property deals, together with home prices in Tehran decreased, for the second consecutive month, in the sixth month of the current Iranian year that ended on Sept. 22 compared with…
The Central Securities Depositary of Iran has published a list of the top 20 companies active in the Tehran Stock Market and the junior stock market, Iran Fara Bourse, in terms of market…
The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level of their progress in digital banking, according to a CBI official familiar…
Parsian Bank, one of the leading private banks in Iran, is planning to open five more branches in Iraq, the CEO told members of the Iran-Iraq Joint Chamber of Commerce. "We have permission to…
The Economy Ministry has procured 50 trillion rials ($438 million) for financing oil projects by selling standard parallel salaf contracts via Iran Energy Exchange (IRENEX). In the first…
The number of bounced checks fell 9.8% during the Iranian month ending Aug. 22 compared with a month earlier, according to the Central Bank of Iran’s latest report.
Tehran Stock Exchange trading began on Saturday in positive territory amid investors’ enthusiasm about half-yearly reports of listed companies, extending a bullish trend into the sixth day.…
To help bolster government efforts to modernize the ageing tax regime, banks have been ordered to send data on the financial transactions of tax payers to the Iranian National Tax…
The Export Guarantee Fund of Iran and Iraq’s Kurdish Regional Government signed a memorandum of understanding based on which a credit line worth $200 million will be opened for traders exporting…
Since the beginning of the current fiscal year (March 21), TEDPIX, the main index of Tehran Stock Exchange, soared 135,750 points, or 75.98%, to stand at the historic level of 314,409 until the…
