The Ministry of Industry has required steel manufacturing companies to sell their products only via the Iran Mercantile Exchange. The decision was communicated to provincial offices…
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.
After two lukewarm performances, demand for shares outweighed supply in the Tehran stock market on Tuesday, thanks to auto, banks and majority of small caps. The benchmark of Tehran Stock…
Insurance officials from Iran and Iraq explored prospects for building cooperation and starting a joint insurance companies. Gholamreza Soleimani, head of the Central Insurance company of Iran…
The number of bounced checks declined in the last calendar month to Sept.22 but rose in value. According to data released by the Central Bank of Iran to Sept. 22 as customers failed to cash 709…
Minister of Economy Ehsan Khandouzi enumerated Sunday his ministry's expectations from the insurance industry in a meeting with CEOs of the insurance companies. Khandouzi called on insurers to…
President Ebrahim Raeisi on Sunday tasked the Central Bank of Iran with taming destructive “excitements” in the foreign exchange market. During the weekly meeting of the Government Economic…
The Central Bank of Iran announced new guidelines based on which banks and credit institutions are allowed to issue credit cards holding up to 2 billion rials ($7,400).
As per…
After a strong rally, sell-side pressure picked up on Sunday, causing a majority of shares pare some of the previous gains.
The benchmark of Tehran Stock Exchange, TEDPIX, was in…
The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details. Speaking to reporters on the…
The new managing director of Securities and Exchange Organization on Saturday outlined plans to improve the struggling capital market. Majid Eshqi said the regulatory body will concentrate on…
Bonds sold by the government, municipalities and private companies amounted to 702 trillion rials ($2.6 billion) in the first five months of the last fiscal year (March 21- August 22, 2020).…
The leader of Turkey’s main opposition Republican People’s Party (CHP) Kemal Kılıcdaroglu visited the central bank on Friday, after which he called on the president to respect the institution’s…
Data released by Shaparak, the company in charge of supervising the domestic payment network, show more than 121.9 million bank cards were used at least once during the first sixth months of the…
Tehran stocks closed most trading sessions last week in negative territory as panic selling lingered and money keeps flowing out the market. The main gauge of Tehran Stock Exchange, TEDPIX,…
The Stock Exchange High Council has formally appointed Mohammad Fetanatfard as the new chairman of the Securities and Exchange Organization (SEO), during a meeting held on Monday's afternoon, ISNA…
The Majlis Research Center scrutinized the policy of “curbing exchange rates” adopted by successive governments and concluded that it has harmed the economy in more ways than one.
The government on Wednesday appointed five new members to the High Council of Securities and Exchange, the capital market decision-making body.
Export Guarantee Fund of Iran, the country's state-owned export credit agency, has managed to expand its support for exporters of non-oil goods and services, the Fund's financial statement shows…
The dollar bucked the declining trend on Wednesday after falling below the psychological support level of 270,000 rials a session before. Trade under the support level was short-lived as rates…
Extending losses in the previous session, Tehran stocks plunged at the close of trade on Wednesday as panic selling took hold. The market cap-weighted benchmark of Tehran Stock Exchange, TEDPIX…
Enrique Mora, the European Union senior envoy who coordinates negotiations on reviving the 2015 nuclear deal, is set to meet Iranian Deputy Foreign Minister Ali Baqeri in Tehran on Thursday…
The Governor of the Central Bank of Iran Ali Salehabadi said equal access to Covid-19 vaccine is a priority of the G24. He was addressing members of Intergovernmental Group of Twenty-Four, held…
Forex and gold prices continued to decline in Tehran market on Tuesday. The dollar was sold at 271,200 rials during the day posting 1.37% or 3,700 rials decline compared to Monday's close. It…
The Economy Ministry has no plans to raise bond yields to make the bond market attractive, the managing director of the Securities and Exchange Organization said. Mohammad Ali Dehqan-Dehnavi…
