Residue shares of the government in four major refineries and some state-run companies are to be sold to three semi-private banks, it was decided at a Cabinet meeting in Tehran on Sunday.…
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>
As cryptocurrencies, especially Bitcoin, hit record highs, the Central Bank of Iran has recommended the public to refrain from investing in the digital currency.
In a review of the budget bill for the next fiscal year (2021-22), the Mjalis Research Center gaged the projected government revenue from divesting assets and its planned divestiture policy.…
All market indicators closed trade on Sunday in red with small caps bucking a rising trend of liquidity flowing into large caps. The liquidity flow, however, was not enough to push the main…
While small caps continue to eke out gains, the big listed companies extended losses on Saturday with the main index of Tehran Stock Exchange losing 1.7%. TEDPIX lost 24,407.5 points to…
Books of brokerage firms operating in Iran's capital market show significant improvement in performance in the Iranian month to Dec. 20. Deals worth 6,750 trillion rials ($27 billion)…
The Central Bank of Iran is studying the issuance of “crypto-rial” as a central bank digital currency (CBDC) and a digital form of the country’s fiat money, the CBI director of Payment Systems…
The Central Bank of Iran on Saturday announced financial relief to businesses battered by months of lockdowns to curb the Covid-19 pandemic. Proposed by the National Coronavirus…
The recent bank merger of five banks and credit institutions linked to the military forces with the state-owned Bank Sepah has turned the latter into the biggest bank in Iran.
The Central Bank of Iran said it has found a way to pay for the import of Covid-19 vaccine after previous efforts failed. The announcement was made by the Central Bank of Iran Governor…
The High Council of Insurance, the insurance industry regulator, has issued agreement in principle for the founding of Pardis Insurance Company. According to Risknews, the general insurance…
Penny stocks added to previous gains at the close of trading week on Wednesday while large cap shares continued to tread water. Amid increase in prices of small caps, the equal-weighted…
Gold and currency prices rose on Wednesday in Tehran after remaining lukewarm for several days. Vacillating below 250,000 rials in the past few sessions, the dollar jumped to 260,000 rials in…
The government sold bonds worth 48.8 trillion rials ($195 million) at an auction on Tuesday – a sizable growth compared to previous auctions. It was the highest weekly sale since Sept. 8…
Almost a year after the Central Bank of Iran announced the one-time password (OTP) compulsory, the payment regulator says the move has significantly reduced phishing and suspicious transactions…
A broad range stocks rallied in Tehran on Tuesday but sentiment was high for the small cap stocks as seen in most recent sessions. Rising demand for shares of smaller listed…
The law to tax transactions conducted via point-of-sale (POS) machines will come into force from the next calendar month starting Jan. 20, the Central Bank of Iran vice governor for IT affairs…
A board member of Tehran Stock Exchange says there are plans to revise rules guiding the performance of market makers in the stock market. Market makers have come under mounting criticism due…
Efforts to import vaccines to fight the deadly coronavirus pandemic have so far been in vain due to blacklisting by the Financial Action Task Force, the global anti-money laundering watchdog,…
The main index of Tehran Stock Exchange closed Sunday trade at 1,439,054 points posting 6.9% growth in the month to December 21 -- the highest monthly return in months. According to…
The government plans to scrap rules that tie refunding exporters’ value added tax to repatriation of their export earnings, head of the Iran Chamber of Commerce, Industries, Mines and…
Small cap stocks continued to outperform in Tehran on Monday leaving behind large caps that have stumbled in recent months. The day when the main index of Tehran Stock Exchange, TEDPIX,…
The Central Bank of Iran has increased oversight of online payment gateways to disband illegal betting websites. It has identified 70,000 online casinos and sent the names to the…
The final phase of a bank megamerger involving five military banks and state-owned Bank Sepah was completed on Sunday, the governor of the Central Bank of Iran said. Ansar Bank, last of…
Tehran stocks pared some gains made on Sunday as sell-side pressure mounted on large cap shares, pulling down the benchmark of Tehran Stock Exchange into the red. TEDPIX, the main gauge…
