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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May 05,2023The Central Bank of Iran and the judiciary are preparing a financial conviction record system to prevent the abuse of payment tools. Mehran Mahramian, the CBI deputy governor for innovative... -
May 03,2023The National Development Fund of Iran (NDFI) has a new strategy that shows its investment in projects over and above $100 million will be in the form of partnership, a fund official said. "The...
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May 05,2023Tehran Stock Exchange's main index, TEDPIX, lost 3,659.14 points or 0.15% on Wednesday to end at 2,514,673.41.The TSE equal-weighted index gained 1.24%. About 27.15 billion shares worth 193.24...
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May 02,2023Tehran Stock Exchange's main index, TEDPIX, gained 37,690.86 points or 1.52% on Tuesday to end at 2,518,331.79.The TSE equal-weighted index climbed 2.48%. About 23.74 billion shares worth 181.7...
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May 02,2023The value of checks rejected in the calendar month to March 20 shot up 8.9% on the earlier month to reach 511 trillion rials ($1.24 billion). Volume of bad checks stood at 607,000 – down 1.4% in...
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May 02,2023The Central Bank of Iran governor says the bank made available subsidized forex ($1=285,000 rials) worth $3.5 billion for medicine import in the current Iranian year (started March 21). “...
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May 02,2023Iranian banks held foreign assets worth 24,633.4 trillion rials ($46.8 billion) by the end of the eleventh calendar month to February 19, up by 18.7% from the same time last year. Central Bank of...
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May 01,2023Tehran Stock Exchange's main index, TEDPIX, gained 1,299.17 points or 0.05% on Monday to end at 2,480,639.87.The TSE equal-weighted index was up 1.03%. About 23.27 billion shares worth 170.31...
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May 01,2023The central bank has stopped allocating forex to importers who buy currency from the free market before applying for foreign currency at cheaper prices. In a letter to his deputy for forex affairs...
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May 01,2023The Central Bank of Iran's long-awaited plan for reforming retail e-payment fees is in the final stages and should reportedly reduce the share of accepting banks by charging merchants instead. A...
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April 30,2023Iran's Trade Promotion Organization (TPO) says the country will soon start using cryptocurrency to pay for imports. Alireza Peymanpak, the TPO chief, said that the Central Bank of Iran has issued...
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April 30,2023The Central Bank of Iran said Sunday foreign debt was near $6.40 billion by the end of the eleventh calendar month to February 22 -- $2.7 billion or 25% lower on fiscal March 2021-22. Medium and...
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April 30,2023Tehran Stock Exchange's main index, TEDPIX, gained 40,787.23 points or 1.67% on Sunday to end at 2,479,339.73. The TSE equal-weighted index added 1.94%. About 24.7 billion shares worth 192.84...
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April 29,2023Tehran Stock Exchange's main index, TEDPIX, gained 73,267.10 points or 3.10% on Saturday to end at 2,438,553.04.The TSE equal-weighted index was up 1.84%. About 27.66 billion shares worth 200.2...
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April 29,2023The Central Bank of Iran's plan of action separating commercial bank accounts from personal accounts are moving ahead in cooperation with the tax authority, Hassan Mirzapour, the head of CBI's...
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April 29,2023State banks will boost their capital by an estimated 500 trillion rials ($1 billion) by March 2024 by selling their excess assets, a deputy minister of economy said. "In this year's budget, it...
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April 28,2023The monetary base shot up again in the eleventh calendar month to February 21, the Central Bank of Iran reported. It was near 8,086 trillion rials ($15.43 billion) -- up 33.9% in eleven months...
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April 28,2023The Monetary and Banking Research Institute (MBRI) said the output of listed manufacturing companies has increased. In a recent report it reflected on the monthly performance of 280 companies in...
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April 26,2023Tehran Stock Exchange's main index, TEDPIX, lost 3,425.16 points or 0.14% on Wednesday to end at 2,365,287.02 but the TSE equal-weighted index moved up 0.65%. About 21.3 billion shares worth 152.3...
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April 26,2023An estimated 11.4 million tons of goods were traded in the spot market of the Iran Mercantile Exchange (IME) in the calendar month to April 20. Compared to the month before, trade was up 58.3% in...
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April 26,2023Banks paid an estimated 44,485 trillion rials ($84.89 billion) in loans in fiscal March 2022-23 -- up 45.3% on the year before. The Central Bank of Iran said on its website that individual...
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April 25,2023Tehran Stock Exchange's main index, TEDPIX, gained 42,218.88 points or 1.81% on Tuesday to end at 2,368,712.32.The TSE equal-weighted index was up 1.68%. About 21.3 billion shares worth 164.87...
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April 25,2023The Credit Commission of the Central Bank of Iran has agreed to raise the cap on Qarzol-Hassanah (interest-free microcredit) loans by 50%. According to a press release posted on the CBI website,...
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April 25,2023The Central Bank of Iran in a new directive has prohibited banks, whether directly or indirectly through subsidiaries, from acquiring non-banking fixed assets. It also set a 30% ceiling of fixed...
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April 24,2023At a recent meeting with bank CEOs, the Governor of the Central Bank of Iran Mohammad Reza Farzin said banks have six months to rectify their excessive withdrawals. "If a bank continues to have an...
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