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.
July 21, 2023 18:51
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September 07,2019The plan to merge five military-affiliated banks and credit institutions has entered the next phase after majority ownership of the merging entities was transferred to state-run Bank Sepah, CEO of... -
September 07,2019After registering a 4.1% growth during four business days last week, Tehran stocks market started the new trading week bullish on Saturday. The main gauge of Tehran Stock Exchange gained more...
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September 06,2019A report published by the economic research department of Tehran Chamber of Commerce, Industries, Mines and Agriculture show that the currency market was the worst-performing market in the first...
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September 06,2019Another German diplomat was appointed president of the trade mechanism designed to settle trade between Iran and Europe, officially known as Instrument in Support of Trade Exchange (INSTEX).
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September 06,2019Riding on the tailwind of huge liquidity inflow and the rising number of new investors in the past few months due to the absence of strong parallel markets, Iran’s capital market is soaring as...
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September 06,2019The European mechanism to facilitate trade with Iran will not work until Tehran sets up a mirror company and meets international standards against money-laundering and terrorism financing, a French...
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September 04,2019Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects.
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September 04,2019The government-owned Iran Insurance Company plans to increase its capital from 34 trillion rials ($300 million) now to 100 trillion rials ($870 million) by the time the current calendar year is out...
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September 04,2019More than 1.42 billion transactions were processed via automated teller machines in the first three months of current fiscal year (started March 21). By the end of this period the number of...
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September 04,2019The benchmark of Tehran Stock Exchange conquered a new channel of 290,000-point on Wednesday to close the trading week 1.6% higher. TSE surged on Wednesday as investors shun the stocks of auto...
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September 03,2019Central bank governors of Iran and Syria on Monday discussed bilateral banking issues and prospects for setting-up a joint bank to facilitate financial ties. The two sides reviewed banking...
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September 03,2019The number of trading codes issued for conducting trade in the capital market crossed 11 million by the end of the calendar month to August 22, according to the head of operations at the Central...
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September 03,2019Tehran stocks rebounded on Tuesday after a brief correction phase a day earlier, getting back to the upbeat trend that started two weeks earlier. The main gauge of Tehran Stock Exchange pared...
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September 02,2019The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous...
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September 02,2019After five consecutive rallies, Tehran Stock Exchange declined on Monday as jittery investors forayed to sell shares in a bid to save gains piled up through a long spree of bullish market. The...
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September 01,2019Iran’s external debt declined to $8.67 billion by the end of third calendar month to June 21, data from the Central Bank of Iran shows. The data, published on the CBI website, indicates a 7%...
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September 01,2019The Export Guarantee Fund of Iran covered non-oil exports worth $1 billion in the first five months of the current fiscal year (started in mid-March), head of EGFI said. The figure shows 60%...
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September 01,2019Iran Fara Bourse’s main index IFX was up 304 points or 9% during the month to August 22 to stand at 3,579 points.
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September 01,2019The tax collection system is obsolete and needs rewriting to find its proper place in the running of the economy, Iran’s top tax official said at the weekend. Omid Ali Parsa, head of the Iran...
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September 01,2019Tehran Stock Exchange rallied on Sunday for the fifth straight session with TSE's main index TEDPIX gaining 1,975.49 points, or 0.7%, to end trading session at 286,114.7. About 3.94 billion...
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August 31,2019For the first time in months, home prices in Tehran have declined. A new report released by the Central Bank of Iran shows the average price of each square meter of a residential unit in Tehran...
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August 31,2019Governor of Central Bank of Iran says the bank has been working hard to reform the banking system long grappling with mismanagement and financial indiscipline. Addressing participants in the...
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August 31,2019Tehran stocks started trading week in positive territory as commodity stocks gained traction amid upbeat trends in international markets and positive signals from domestic political developments...
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August 30,2019Monthly reports of Central Bank of Iran again speak of liquidity growth since the beginning of the present calendar year on March 20. The CBI’s latest report shows a 25.1% growth in liquidity by...
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August 30,2019Exporters repatriated €7.19 billion of their overseas earnings from the beginning of the year (March 20) through late August.
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