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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November 22,2021Insurance companies in Iran paid 13.63 trillion rials ($48.3 million) in Covid-related medical bills since the outbreak of the deadly virus in February 2020. Gholamreza Soleimani, head of the... -
November 22,2021The stock market in Tehran made a much-awaited comeback on Monday driven by a rally in large caps following lukewarm performance in the past several sessions The main gauge of Tehran Stock...
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November 22,2021The government is trying to curb the harmful inflationary impact of the increasing money supply, head of the Plan and Budget Organization said. “The aim is to bring down inflation to single...
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November 22,2021The Economy Ministry paid the principal amount and interest on bonds worth 582 trillion rials ($2.07 billion) up until Nov 20. More than 405.7 trillion rials ($1.4b) was the principal and 176.22...
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November 21,2021Head of the Plan and Budget Organization said the government’s income from selling debt has been used mainly to reimburse bonds sold in the past. In a note posted on Twitter, Masoud Mirkazemi said...
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November 21,2021The Central Bank of Iran has given details about its recently-announced instant payment system seen as a major development in the country's banking and payment network. According to Davoud Mohmmad...
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November 21,2021The Economy Ministry has prepared an inventory of 2,500 properties owned by different government organizations that have no legal constraints vis-à-vis divestments. The properties are estimated...
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November 21,2021Relentless sell-side pressure in the previous session eased to some extent on Sunday amid a rise in demand for large caps. The benchmark of Tehran Stock Exchange, TEDPIX, opened in the negative...
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November 20,2021The Central Bank of Iran has announced tougher restrictions on underperforming banks as part of measures to “control money issuance” by banks. It increased reserve requirements of five banks by 13...
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November 20,2021Tehran stocks opened trading week on Saturday under fresh sell-side pressure in most large caps and commodity stocks. The market cap weighted benchmark of Tehran Stock Exchange, TEDPIX lost 27,292...
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November 20,2021Loans by banks and credit institutions reached 14,828.9 trillion rials ($52.9 billion) in the first seven months of current fiscal year (March 21-Oct 22). Lending increased 5,474.2 trillion rials...
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November 20,2021Iran Insurance Company, the sole state-owned company, still generates the most premium income, despite efforts to increase and expand private firms. Data published by the Central Insurance company...
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November 19,2021The government’s revenue from selling state-owned assets was almost zero in the first half (March 21-Sept.22) of the fiscal year, a report by the Supreme Audit Court (SAC) shows. It has been said...
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November 19,2021Iranian payment service provider companies have been ranked among the world’s top 150 in 2020, according to a report by the Nilson Report magazine, a journal specializing in payment industry news...
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November 19,2021Tehran’s share market was mostly bearish in the last Iranian week as panic selling continued amid the ubiquitous investor uncertainty. The benchmark of Tehran Stock Exchange, TEDPIX, shed 45,729...
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November 19,2021The government plans to swap 890 trillion rials ($3.1 billion) of its unpaid debt to the Social Security Organization with shares, the SSO caretaker said. In a talk with Fars News Agency,...
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November 17,2021The Economy Minister Ehsan Khandouzi unveiled a plan of action Wednesday to control galloping inflation and boost economic growth. The much awaited roadmap was discussed at a meeting of the...
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November 17,2021Two life insurance companies recorded the highest growth in premium income in the first seven months of the current fiscal year that started in March. According to data released by the Central...
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November 17,2021After a 2-month hiatus, the government’s weekly bond auction resumed Tuesday and was well-received by institutional buyers. The government offered 100 trillion rials ($357 million) in debt of...
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November 17,2021The main benchmark of Tehran Stock Exchange closed trading week on Wednesday slightly above the flatline as most large caps stumbled. TEDPIX pared most of the gains made in the early hours to end...
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November 16,2021After a downturn a session before, sell-side pressure eased in the final hours of trade on Tuesday but supply still outweighed demand. The benchmark of Tehran Stock Exchange, TEDPIX, again closed...
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November 16,2021The head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM,) Masoud Khansari, said the government policy of subsidizing foreign currency is partly responsible for the...
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November 16,2021The Central Bank of Iran issued new gaudiness to further limit banking services to and transactions by minors and the legally incapacitated. Banks are banned from “granting any type of payment...
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November 16,2021The Central Bank of Iran is to launch an instant payment platform in late December, a deputy governor of the bank said. "Development of the instant payment platform is in accord with global...
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November 15,2021The Economy Minister Ehsan Khandouzi said he has asked banks to publish the names of big loan defaulters on a regular basis. In a note on his twitter account Sunday, Khandouzi said he has sent a...
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