More than two weeks after the government ratified measures to try and lift the crippled stock market, nervous investors continue to withdraw money from the bourse fearing more losses lie ahead…
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.
In a bid to alleviate the power shortages that have led to rolling blackouts the Iran Power Generation, Distribution and Transmission Company (Tavanir) has told cryptomining units to suspend…
The governor of the Central Bank of Iran, Abdolnasser Hemmati, said stability in financial markets is a prerequisite for economic predictably. “It is on this premise that the central bank wants…
The board of directors of the Central Bank of Iran has warned about consequences of the new legislation related to the banking and monetary system. In a meeting late on Wednesday, the board…
A study conducted by the High Council of Cyberspace shows total bitcoin trade in Tehran alone amounts to approximately 30-40 trillion rials ($130-174 million), the council's secretary,…
Iran Fara Bourse, the junior equity market in Tehran on Wednesday hosted an initial public offer for shares of a metal company on Wednesday. Iranian Lead and Zinc Production and Development…
The Central Bank of Iran said Tuesday it is no hurry to announce new procedures for cryptocurrency exchanges. "Contrary to recent claims, the central bank is focused on a roadmap for managing…
Insurance companies are required to enhance resilience and increase their capital before the current fiscal year is out in March, head of the Central Insurance company of Iran said.…
While precious metals rise in international markets, the domestic bullion market did not waver under the omnipresent influence of the currency market in Tehran. Foreign exchange rates retreated…
Tehran stocks closed trading week Wednesday lower with major indicators posting big losses to extend a losing streak into the fourth session. The main index of Tehran Stock Exchange, TEDPIX, lost…
The Central Bank of Iran in a bylaw to banks and credit institutions annulled all previous regulations that banned loans to brokerage firms, investment funds and investment holding companies to…
Bond auctions by the government will resume next Tuesday, the Central Bank of Iran said Tuesday. It will mark the first round of the weekly auctions in the present fiscal year that started in…
The Central Bank of Iran Tuesday unveiled the ‘Centralized Database for Loans and Commitments’ known by its Persian acronym Samat, planned to enhance the CBI’s oversight of loans by banks.…
After a big slump a session earlier sell-side pressure eased slightly in the Tehran stock market Tuesday amid increase in deals by retail investors. Posting 1.1% decline a session earlier, the…
Forex rates declined on Monday pulling down gold prices in the Iranian market. The dollar retreated after breaking past the critical 230,000 rial at the start of trading week on Saturday. The…
Tehran stocks opened Monday again under heavy sell-side pressure both in small and large cap shares pulling down almost all stock categories. The main gauge of Tehran Stock Exchange lost 14,138…
The government generated 179.89 trillion ($813 million) in tax on stock trade in the previous fiscal year (March 2020-21) – a fair enough improvement given the deep downturn in the second half…
Iran Insurance Company, the sole state-owned and largest domestic insurance company has finalized its long-awaited plans for boosting capital, the CEO said.
The Central Bank of Iran said Sunday it injected the rial equivalent of $50 million into the Capital Market Stabilization Fund. It was deposited on behalf of the National Development Fund of…
Tehran stocks paused on Sunday after rallying for four consecutive sessions as commodity stocks went into correction phase after relative gains. The main index of Tehran Stock Exchange, TEDPIX…
Persian Gulf Petrochemical Industries Company has got the go ahead from the High Council of Securities and Exchange, the stock market policymaker, to set up an investment bank. The primary…
Currency and gold prices rallied on Saturday in Tehran after official markets were closed for two days due to religious holidays. The dollar briefly rebounded to 230,000 rials before retreating…
Legal cryptomining accounts for 13% of the total electricity used by this sector in Iran, the spokesman for the Iran Power Generation, Distribution and Transmission Company (Tavanir) said,…
Iran’s Trade Promotion Organization will support to exporters to the tune of 10 trillion rials ($45 million), the TPO head said. Hamid Zadboum said the funding is a clause in the March 2021-22…
The growing interest in investments in cryptocurrencies among Iranians has raised Majlis concerns with the speaker on Thursday calling on financial authorities to exercise caution in dealing…
