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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February 18,2019While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20). According to parliamentary... -
February 19,2019Committed to preserving historically close trade relations between Iran and Italy, private sectors from both sides have explored the setting up a small bank to side-step the new US sanctions...
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February 18,2019The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (35,000 barrels) out of the one million offer sold on the stock market.
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February 18,2019The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March. The greenback sold for 130,000...
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February 17,2019Resources of Bank Maskan’s Housing Savings Account, the mortgage loan program of the state-run bank, reached 87.56 trillion rials ($729.74 million) by the end of the Iranian month Dey (Jan. 20),...
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February 17,2019The initial public offering of FKA Agriculture & Animal Husbandry Company (FKA) has been completed on Iran Fara Bourse Second Market with each share of FKA priced at 8,300 rials. FKA...
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February 17,2019Iranian lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran...
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February 17,2019A study conducted by the Statistical Center of Iran has for the first time measured the share of the private sector in the national economy. The findings indicate a bigger role for the private...
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February 16,2019As part of a series of reports analyzing the performance of the Sixth Five-Year Economic Development Plan, the Plan and Budget Organization has reported on the progress in transparency in...
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February 16,2019The Expediency Council for the third time Saturday refused to come up with a definite ruling on whether or not it supports Iran's accession to the UN Convention on Transnational Crime, commonly...
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February 16,2019Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in Tehran market. The US dollar broke the psychological level of 120,000 rials and was traded for...
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February 15,2019In a bid to encourage companies to return their export earnings to the country, the Central Bank of Iran has offered a new incentive package. Depending on the exporters’ earnings and their...
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February 15,2019The intergovernmental Financial Action Task Force convenes in Paris this week for its plenary meeting. Among other things, it will look into Iran's progress with the Action Plan, the anti-money...
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February 13,2019The EU has set no preconditions on implementing the Special Purpose Vehicle that the EU has set up for Iran known as INSTEX, the UK ambassador in Iran said. In a talk with the Financial Tribune...
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February 13,2019The National Iranian Oil Company published a notice Wednesday announcing the fifth round of crude oil sale on Iran Energy Exchange to launch on February 18. As per the notice published on the NIOC...
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February 13,2019The Money and Credit Council - a top decision-making body - approved a proposal by Central Bank of Iran to launch a mechanism to monitor currency allocation process for imports. According to the...
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February 12,2019According to central bank data, Iran’s foreign debt was $10.03 billion by the end of first nine months of the current fiscal on December 21. The Central Bank of Iran website reported that long...
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February 12,2019Tehran Stock Exchange’s main index, TEDPIX, climbed from 95,509 points at the end of the third quarter of the previous fiscal (2017-18) to 156,083 points by the Dec. 21, 2018 -- up 63.4% annually...
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February 12,2019The Institute for Trade Studies and Research, the research arm of the Ministry of Industries, Mining and Trade, has conducted a study of the industrial sector role in the economy over the span of...
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February 12,2019Iran's housing sector experienced a year-on-year inflation of 24.2% in the Iranian month Dey (Dec. 22, 2018-Jan. 20). The Statistical Center of Iran's latest report shows that Consumer Price Index...
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February 11,2019A monthly report by the Central Bank of Iran released on Sunday, showed liquidity reached 17,645 trillion rials ($150.8 billion) in the Iranian month of Azar (Nov.22-Dec. 21), up 22.1% compared to...
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February 11,2019Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial. "For the CBI it...
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February 11,2019After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined to continue...
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February 06,2019Data released by the World Federation of Exchanges place Tehran Stock Exchange at the top of the best-performing stock markets in terms of trading value among WFE members. The data covers ...
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February 06,2019Head of the Security and Exchange Organization, the sole regulator of the capital market, said 13% of the Iranian population (10.5 million trading codes) is active in the capital market. In terms...
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