After posting slight increases a session earlier, the US dollar climbed to 260,000 rials on Tuesday up 0.57% compared to the previous day's close. The greenback was traded at 256,820 rials in…
Business And Markets
<p>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.</p>
The Industries Ministry on Tuesday announced a controversial policy based on which steel products have to be sold at the Iran Mercantile Exchange at prices equivalent to 70% in the Commonwealth…
Tehran's stock market posted gains on Monday after a dull performance a session earlier thanks to surge in most large caps. The main index of Tehran Stock Exchange, TEDPIX, gained 19,132 points…
The Governor of the Central Bank of Iran Abdolnasser Hemmati criticized the parliament’s decision to raise forex rates for importing essential goods, saying that it would negatively impact…
Gold prices surged on Monday in Tehran amid sharp increase in the international market. After weeks of a lukewarm market due to relative stability in forex rates, as the main driver of gold…
Tehran's two main football clubs Esteghlal and Persepolis are set to be listed on the stock market because the financial restructuring required of them is complete, the deputy head of the…
The Central Bank of Iran's underperformance in notifying clear export repatriation rules and lack of a comprehensive data platform to track export repatriation commitments are causing concern…
Insurance companies in Iran generated 48.01 trillion rials ($192 million) in premium during the first eight months of the fiscal year (March-Nov 2020) up 23.9% compared to the same period …
After heavy losses a session earlier, most indicators at Tehran's share market closed slightly above the flatline on Sunday, thanks to institutional traders' tilt on the buy side. Both the…
The managing director of the Securities and Exchange Organization, Hassan Ghalibaf-Asl, has again asked government bodies to stop intervention in pricing products of listed companies.
Tehran's share market opened trading week Saturday amid weakened sentiment over what lies ahead for share prices in the near future. The main index of Tehran Stock Exchange, TEDPIX, lost…
Authorities closed 1,620 illegal cryptocurrency mining farms that were used 250 megawatts of electricity since July 2019, when mining was legalized, spokesman of the Power Generation,…
Forex and gold prices moved downwards on Saturday defying the negative climate arising from political developments in the United States and the region following the electoral defeat of Donald…
Iran’s stock market is expanding its role in financing startups and knowledge-based companies, managing director of Iran Fara Bourse, the junior equity market, said. Despite difficulties…
The Iranian National Tax Administration unveiled the first phase of an electronic platform to monitor banking operations. Citing the IT department of the tax office, Tasnim News Agency said a…
The nationwide payment settlement network in Iran, Shaparak, processed more than 2.691 billion payments worth 4,190.8 trillion rials ($16.37 billion based on open market forex rates) in the last…
Almost 97.7 million commodity-linked certificates of deposit (CD) were traded at the Iran Mercantile Exchange in the first nine months of current fiscal year (March 20-Dec. 21).
Cryptocurrency could be used to import electronic devices, says Shahab Javanmardi, a member of the Iran Chamber of Commerce Industries Mining and Agriculture, noting that a change in government…
The weekly bond auction held by the Central Bank of Iran tumbled on Tuesday after doing relatively well last week.
Iran Insurance Company, the country’s largest insurance company and the only company owned by the government, signed an agreement with Razi Vaccine and the Serum Research Institute to provide…
The Economy Minster Farhad Dejpasand says most of the properties divested by the government have merely resulted in change in ownership and in practice the government continues to exercise…
The Central Bank of Iran's decision to exercise stronger control of the balance sheets of banks and credit institutions will hinder their functions, the CBI vice governor for supervisory affairs…
Central Insurance company of Iran has proposed amending the third-party auto insurance law to remove the ceiling on claims by owners of expensive cars.
The main index of Tehran Stock Exchange, TEDPIX, closed Monday in positive territory after consecutive losses. Investors' interest in the giants of Tehran's bourse pushed up the TEDPIX by…
Head of the Iran-Switzerland Chamber of Commerce says the Swiss trade channel, known as the Swiss Humanitarian Trade Agreement (SHTA) can be used to remove hurdles to import vaccines to fight…
