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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February 26,2019The next round of crude oil offer on Iran Energy Exchange (IRENEX) will be made by the National Iranian Oil Company on March 4. Offer conditions are the same as the previous round with regard to... -
February 26,2019The parliament approved the section of next year’s (March 2019-20) budget bill that allows the Central Bank of Iran to launch secondary markets for trading Islamic bonds issued by the government....
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February 26,2019Tehran Stock Exchange turned bearish on Tuesday with the benchmark index TEDPIX losing 2,082.14 points or 1.25% after news about the resignation of Foreign Minister Javad Zarif rattled the markets...
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February 26,2019President Hassan Rouhani on Tuesday strongly defended his government's initiative to comply with global anti-money laundering and countering financing of terrorism standards, saying failure to do...
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February 25,2019To help inculcate transparency in statecraft, the parliament ratified one amendment to the next year’s (March 2019-20) budget bill on Monday obliging government-affiliated firms to log their...
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February 25,2019The soon-to-be-launched regulated foreign exchange market, the framework for which has been approved, will function as an over-the-counter market. Rules for launching the first-ever foreign...
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February 25,2019The benchmark TEDPIX average finished above 166,000 points as the three-day rally in stock prices showed no signs of letting up. TEDPIX average extended its winning streak to a third session on...
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February 24,2019The average price of each square meter of a residential unit in Tehran stood at 100.6 million rials ($76.8) in the 11th Iranian month (Jan. 21-Feb. 19), showing a 3% rise compared with the...
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February 24,2019Lawmakers allowed the government on Sunday to withdraw €2.37 billion from the National Development Fund of Iran to be paid in foreign currency for completing national projects in the next fiscal...
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February 24,2019The benchmark TEDPIX average extended its winning streak to a second session on the Tehran Stock Exchange on Sunday, backed by renewed hopes about soon-to-be-released monthly earning results of...
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February 23,2019Lawmakers obliged the government on Saturday to identify and remove three high-income deciles from the list of those receiving the monthly cash subsidy payment. They ratified the measure late...
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February 23,2019Bank Maskan, the state-run agent bank of the housing sector, granted a total of 421,800 loans worth 157.14 trillion rials ($1.17 billion) during the 10 months ending Jan. 20. The facilities were...
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February 23,2019With proposals to split the Ministry of Industries, Mining and Trade into two separate ministries making the rounds once again, a business expert says the issue should be put on the backburner...
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February 23,2019In an amendment to the next budget bill, the Majlis obliged the government on Saturday to levy tax on the earnings of Astan Qods Razavi, Executive Headquarters of the Imam's Directive - shortly...
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February 23,2019Tehran Stock Exchange and Iran Fara Bourse clocked their biggest single-session point gains in more than a month on Saturday. TSE's main index, TEDPIX, rose 4,778.26 or 3.00%, as of market close,...
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February 22,2019Lawmakers ratified another section of next year's (March 2019-20) budget bill that allows Bank Maskan - the main housing bank - to reimburse 50 trillion rials ($400 million) of its debt to the...
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February 22,2019Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day. According to market reports, the...
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February 22,2019The anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months, recognizing the...
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February 20,2019A report released by the Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that by the end of first half of the current fiscal year on September 22, close to 55,282 automated...
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February 20,2019President Hassan Rouhani's chief of staff has denied recent claims by selected news outlets that the government for politically motives intentionally allows increase in foreign exchange rates. "...
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February 20,2019Debating next year's (March 2019-20) budget bill in the Majlis, lawmakers on Wednesday obliged the Iranian National Tax Administration with collecting 30% of overdue taxes in the current fiscal...
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February 20,2019Stocks rose on Wednesday as investors took heart from the rally in global markets, expectations of positive earnings reports of companies and the boom in commodity trading on Iran Mercantile...
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February 19,2019In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42 billion) in loans, up 757 trillion rials ($6 billion) compared to the same period in the...
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February 19,2019Lawmakers approved a proposal in the next (March 2019-20) budget bill that allows the Oil Ministry to issue $3 billion in Islamic bonds. According to the parliamentary news website ICANA, the...
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February 18,2019The amended Anti-Money Laundering Law was finally signed into law by President Hassan Rouhani last month after it was studied in graphic detail by several entities, namely the specialized...
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