Iran’s exports to Iraq in the first four months of the current fiscal year (March 21-July 22) stood at $2.8 billion, Hamid Hosseini, member of Iran-Iraq Chamber of Commerce’s board of directors…
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.
Financial reports of companies listed in the stock market show most performed better in the last fiscal year (March 2020-21) compared to the year before. Of the total 47 sectors, companies in 4…
After an upbeat performance in the past two sessions, Tehran’s share market closed Monday trade in negative territory. The main index of Tehran Stock Exchange, TEDPIX, lost 2,277 points or 0.17…
The Central Bank of Iran in a statement strongly condemned a Bahraini court’s ruling against Iranian banks, asking the kingdom’s judicial authorities to stop legal action in the case.
Cryptocurrency regulations approved by the Tehran government in 2019 do not prohibit the swapping of cryptocurrencies, the Vice Presidency for Legal Affairs said in response to an inquiry by the…
The Majlis is insisting on opening the Iran Mercantile Exchange to car sales, a spokesman for the parliament’s Industries and Mines Commission said. Hojjatollah Firouzi said offering autos in…
The Central Bank of Iran on Sunday increased the credit card limit by four times allowing banks to offer up to 2 billion rials ($8,000) in credit. The measure is in line with CBI efforts to…
The rising trend in Tehran’s foreign exchange market bucked on Sunday along with gold prices. After briefly touching 260,000 rials a session earlier, the dollar retreated Sunday dropping more…
Tehran stocks eked out modest gains on Sunday after a strong rally a session earlier as sell-side pressure mounted on shares in the final moments of trade. The main index of Tehran Stock…
Building on last week’s gains, foreign exchange rates rallied in Tehran at the start of the business week on Saturday pushing up prices in the domestic bullion market. The dollar briefly…
The managing director of Securities and Exchange Organization has asked regulatory bodies of banking and insurance sectors to submit to the SEO the names of people with potential access to…
The Central Insurance company of Iran, the regulatory body of the industry, expects growth in insurance companies' premium income in the current fiscal year (ends March 2022), despite the…
After lukewarm performance last week, Tehran shares opened trading week Saturday on a strong note spurred by the rally in the currency market. The benchmark of Tehran Stock Exchange, TEDPIX,…
A total of 5,071 homes were sold in Tehran during the fourth month of the current fiscal year (June 22-July 22), registering a decrease of 0.6% and 63.9% compared with the preceding month and…
Uramanat Cultural Landscape, a village in Uraman Takht rural district in Sarvabad County, Kurdestan Province, has become Iran's 26the world heritage site, after the World Heritage Committee…
Head of the Securities and Exchange Organization says the regulator is steadfast in wanting to expand the daily price spread in the share market. “I have always believed that the price spread…
In wake of the rising trend that started last week, the US dollar crossed above the critical 250,000 rials on Tuesday in Tehran’s open market. The greenback was quoted at 251,200 rials, 0.6% or…
An early hour rally in the Tehran stock market gave way to a sell-off on Tuesday, which swept through 366 ticker symbols or 80% of the market. TEDPIX, the main gauge of Tehran Stock Exchange,…
After a weeklong Covid closure, the stock market in Tehran opened higher on Monday amid rising demand for large caps and inflow of fresh liquidity by retail investors. The main index of Tehran…
More than 4.02 million tons of goods worth 374 trillion rials ($1.5 billion) were traded at the Iran Mercantile Exchange in the last calendar month to July 21. The volume of deals increased 11…
The number of bank cards in use is 268 million, which means that there are 3.3 cards per person, an official at the Central Bank of Iran said. As per available data Iran’s population is over 83…
Tehran stocks posted the best monthly trade in ten months in the calendar month ending July 21 as share market picks up slowly and retail investors return. The main index of Tehran Stock…
A board member of the Tehran Chamber of Commerce, Industries and Mines has urged the government to make an informed evaluation of the views and recommendations of professionals and experts and…
The financing capacity of Iran’s capital market abated in the first quarter (March 21-June 21) of the current fiscal year while that of banks increased. Funds made available by the capital…
Parliament on Monday passed a law that criminalizes export companies that fail to return their overseas income to the country. The new legislation is an amendment to Combating Goods and Foreign…
