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.

  • Iran continues to set a global example through its progressive and inclusive refugee policies, but the country needs more support hosting one of the largest refugee populations in the world, said...
  • TEDPIX Ends Trading Week by Shedding 269 Points
    Tehran Stock Exchange’s main index lost 269.65 points or 0.2% on Wednesday to end trading at 137,714.2. About 2.75 billion shares valued at $59.76 million changed hands at TSE for the day....
  • Iran Scrapping Cash Withdrawal From Germany
    Iran has informed German financial regulator BaFin that it would be dropping its earlier request to repatriate funds from the bank, German media outlets, including Deutsche Presse-Agentur and...
  • Secondary Market Trade Buoyant
    While the unofficial currency market enters a bull run, a Central Bank of Iran official said trade in the Secondary Forex Market is increasing, with deals breaking a record on Tuesday.   Mehdi...
  • Parliament Rejects Controversial Bill
    Iran parliament has voted against the bill obliging the government to streamline the distribution network for providing Iranian households with essential goods through consumer cooperatives, chain...
  • Iran Embraces Crypto Mining
    The administration of President Hassan Rouhani has accepted crpytocurrency mining as an industry that needs to be developed in Iran, the secretary of the High Council of Cyberspace said. "Outlooks...
  • CBI Reassures Forex  Flow as Rally Persists
    As the intense rally persists in the foreign currency market, the Central Bank of Iran issued a statement on Tuesday to assure the public that the bank's main concern continues to be provision of...
  • 2nd Int’l Marine Exhibit Scheduled for Sept. 24
    The Second International Comprehensive Marine Exhibition is scheduled to open at Tehran International Fairground on Sept. 24. According to the official website of the event at Marineex.ir, the...
  • Bank Maskan Mulls Offering Bigger Loans With Lower Interests
    Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's...
  • Call for Cheap Currency Elimination
    President of Iran Chamber of Commerce, Industries, Mines and Agriculture called for the total elimination of cheap currency offered at the 42,000-rial exchange rate. Speaking at the 77th Government...
  • Belgium Underlines EIB’s Support for Investment in Iran
    Minister-President of Belgium’s Flanders Region Geert Bourgeois said the European Investment...
  • TEDPIX Surges 2% in Tue. Trade
    Tehran Stock Exchange’s main index gained 2,726.03 points or 2.02% on Monday to end trading at 137,983.8. About 3.16 billion shares valued at $60.02 million changed hands at TSE for the day....
  • Fruit Prices Zoom
    Constant changes in the prices of goods and services have become a new normal in the past several months.  Retailers charge you more for the same item you bought as early as yesterday on the...
  • TEDPIX Gains 1,579 Points
    Tehran Stock Exchange’s main index gained 1,579.95 points or 1.18% on Sunday to end trading at 135,256.1. About 1.94 billion shares valued at $48.76 million changed hands at TSE for the day....
  • New Appointments at CBI
    Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected as...
  • Forex Rally Intensifies
    The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies.  According to reports from currency exchange houses and the...
  • Tehran to Host Int’l Beverages Exhibition
    The Ninth International Beverages, Coffee and Tea industry Exhibition, also known as IBIE 2018, is scheduled to open at Tehran International Fairground on Wednesday, according to the event’s...
  • MoU With South Korea to Develop SMEs
    Director General of Iran Small Industries and Industrial Parks Organization Sadeq Najafi and South Korea’s Deputy Minister of SMEs and Startups Choi Su-gyu signed a memorandum of understanding on...
  • Exhibition of Cooperatives Underway
    The Exhibition of Cooperatives opened at Tehran’s Olympic Hotel on Monday in the presence of deputy minister of cooperatives, labor and social welfare, Hamid Kalantari. Some 80 Iranian cooperative...
  • Ways of Regulating Cryptocurrency
    The research arm of Iran’s Parliament has dedicated its latest analytical study to virtual currencies, once again calling for calculated and well-assessed regulations to employ them in the economic...
  • Historic Day for Iranian Fintechs: Six Firms Authorized
    Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within CBI’s...
  • Brazil to Allocate $1.2b to Boost Iran Trade
    The government of Brazil is to allocate $1.2 billion for maintaining its considerable economic and trade ties with Iran in the face of reinstated US sanctions. According to the Latin American...
  • IRICA Denies Gaining From FX Surcharge on Imports
    The Islamic Republic of Iran Customs Administration has denounced claims that it intends to generate revenues by levying foreign exchange rate difference surcharge on imports.  “The policy was...
  • Islamic Banking Confab Wraps Up
    The 29th edition of the Islamic Banking Conference came to a close with the release of an official statement on Sunday. Several high-ranking officials, including the Central Bank of Iran Governor...
  • PPI Inflation Uptrending
    The average Producer Price Index in the 12 months ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 15.2% compared with last year’s corresponding period, the latest...

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