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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March 16,2019The benchmark index on Tehran Stock Exchange closed above the 170,000 mark on Saturday for the first time in four months. TEDPIX soared 2,009.54 points or 1.19% to finish at 171,125.0 and thus... -
March 15,2019In the trading week that starts Saturday, Iran Fara Bourse stock exchange will host four initial public offerings marking the last trading week of the current fiscal year that ends on March 20. ...
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March 15,2019The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated by banks and $10...
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March 15,2019The Tehran Stock Exchange registered a stellar performance during the week to March 13, with the benchmark index TEDPIX increasing 6,289 points compared to the previous week. According to the TSE...
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March 15,2019The next fiscal budget (March 2019-29) has allocated 5.4 trillion rials ($41.5million) for the Vice Presidential Office for Science and Technology, up 11% compared to the funds made available in...
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March 13,2019In a survey of the performance of economic sectors in Iran the Majlis Research Center has reported the performance of key economic indicators, notably the payment system and financial services. ...
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March 13,2019Iran's main stock index ended Wednesday's session close to a resistance level that it has held for close to four months, boosted by continued gains for the biggest commodity shares. The TEDPIX...
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March 12,2019CEO of the National Iranian Oil Company said Tuesday the state company will offer 20 trillion rials ($154 million) worth of Manfa’at bonds in two stages on March 13 and 16 on Iran Fara Bourse (...
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March 12,2019Further to its persistent calls for transparency and doing away with the controversial subsidy schemes, Tehran Chamber of Commerce, Industries, Mines and Agricultures called on the government to...
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March 12,2019President of Europe's Special Purpose Vehicle known as INSTEX, Per Fischer, is in Tehran to attend talks between Iranian authorities and representatives from France, Germany, Britain, and the...
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March 11,2019Insurance cover and export guarantees offered by the Export Guarantee Fund of Iran, a state-owned agency, reached $2.2 billion in the current fiscal (ends on March 20), indicating an annual 25%...
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March 11,2019The Deputy for Banking and Insurance Affairs at the Economy Ministry said during the one year between December 2018-19, 100 trillion rials ($770 million) worth of excess property of banks was...
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March 11,2019The Securities and Exchange High Council, the highest capital market decision-making body, has issued the permit for selling the shares of five soon-to-be-merged banks in the after-hours trading,...
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March 11,2019Iranian stocks rallied as global markets reopened on Monday, prompting the benchmark index on Tehran Stock Exchange to top 167,000 for the first time since the outset of winter. TEDPIX soared 2,900...
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March 10,2019Chairman of the Tehran Young Entrepreneurs Association says management weaknesses and ignoring talented youth are two key maladies the nation is facing. Ali Mohammadi Tat said due to the long-...
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March 10,2019Iran Fara Bourse main index was up 8.7% in the second month of 2019 as IFX shot up 168.3 points (8.7%) to close at 2,100.3. Market capitalization also increased by 3.4% in February. The total...
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March 10,2019In the calendar month Bahman (Jan.21-Feb.19) close to 1,972 million transactions worth 2,385 trillion ($15.4 billion) were processed via Shaparak (the domestic electronic payment network) – up 6.14...
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March 10,2019After largely negative or humdrum days in the past two weeks, Iranian stocks found a new lease on life as the main gauge at Tehran Stock Exchange surged close to 1% and investors hoped for brighter...
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March 09,2019A group of Iranian cryptocurrency activists and business owners have called on the Central Bank of Iran to refrain from taking hasty measures for regulating blockchain technology and...
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March 09,2019Governor of the Central Bank of Iran says the subsidized foreign currency programs for importing essential goods has failed to achieve the desired results due mainly to the dysfunctional...
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March 09,2019A senior former banker says the planned merger of five banks affiliated to the armed forces with the government-owned Bank Sepah can be a step in the right direction in that it would cut costs....
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March 08,2019A report by Tehran Chamber of Commerce, Industries, Mines and Agriculture says the value of equities traded in the capital market during first ten months of the current Iranian fiscal to January 20...
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March 08,2019A trade official from London has travelled to Tehran to test the waters for expanding relations. Simon Penney was appointed last year as the UK trade commissioner for the Middle East, Afghanistan...
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March 08,2019An Italian Foreign Ministry official says his country is reviewing details about the newly developed financial mechanism known as INSTEX and is considering joining it. Manlio Di Stefano who met...
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March 06,2019In a move to stimulate the sluggish housing market and increase homeownership, the Money and Credit Council - a major monetary decision making body - agreed to raise the ceiling of house...
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