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 06,2019Iran and Iraq signed an agreement Tuesday to establish a monetry channel for facilitating payments between the two countries. The agreement was signed by the governors of the Central Banks of Iran... -
February 05,2019Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion. The figure takes...
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February 05,2019In the wake of a single urgency bill approved this week by the Majlis to tax the income of the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation comes...
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February 05,2019As part of its plans to reform the limping banking sector, the government has launched a program to sell excess property of state banks. According to the Economy Minister Farhad Dejpasand, a one-...
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February 04,2019Large transactions are channeled through checks and Real-Time Gross Settlement System locally known by its Persian acronym Satna, director of the Payment Systems Department of the Central Bank of...
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February 04,2019Manfa’at Sukuk worth 10 trillion rials ($86 million) were sold Monday in Iran Fara Bourse (junior stock market for securities and other financial instruments in Tehran) to help finance oil projects...
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February 04,2019The fourth offering of crude oil at Iran Energy Exchange ended with no deals on Monday, marking the second session of no trade after Iran offered oil on its stock market in October. One million...
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February 04,2019Europe unveiled its long-awaited mechanism for facilitating trade with Iran by circumventing US global financial dominance on Thursday and the move received a mixed response in Tehran’s commercial...
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February 03,2019The Swiss government is moving ahead with plans to unveil a humanitarian payment channel for Iran through complex negotiations with different parties in Iran, the US and Switzerland. The channel...
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February 03,2019Iran attracted $5.02 billion in direct foreign finance in the previous fiscal (March 2017-18), the Plan and Budget Organization said in a report. According to a report released by the PBO, this...
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February 03,2019Tehran Stock Exchange main index TEDPEX slid 2,500.04 or 1.56% on Sunday to finish the session at 157,355.4. The junior exchange Iran Fara Bourse was down 31.04 points or 1.6%. This is the second...
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February 02,2019The Central Bank of Iran unveiled its draft policy on cryptocurrencies and invited experts and industry players to send their suggestions. At the vanguard of the cryptocurrency enthusiasts is ...
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February 02,2019Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran. In...
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February 01,2019In the trading week to January 30, the main index of Iran Fara Bourse (an over-the counter market for securities and other financial instrument in Tehran) IFX, registered 76% return on investment...
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February 01,2019The Nourbakhsh Award ceremony was held Wednesday on the sidelines of the Eighth Conference on Electronic Banking and Payment Systems organized by the Monetary and Banking Research Institute. The...
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February 01,2019Officials in Tehran welcomed the creation of a channel with Iran called INSTEX by Europe, to help continue trade and circumvent unilateral US sanctions re-imposed after Washington withdrew from the...
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January 30,2019An Iranian gold-backed digital currency created on blockchain platform was unveiled by Kuknos Company in a ceremony attended by CEOs of banks and judiciary officials. The cryptocurrency is the...
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January 30,2019The stock market was weak today, and although the market's main gauge TEDPIX remained positive for the second day in a row sectors that have been strong of late weren't and the fervor for bank...
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January 30,2019The general price index of construction materials for residential units in Tehran jumped 52.8% during the third quarter of the current fiscal year that ended on Dec. 21 (autumn) compared with last...
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January 30,2019The long-awaited Swiss payment channel for processing food and medicine trade with Iran has been given the finishing touches to become operational, a member of board of representatives of Tehran...
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January 29,2019Stocks rebounded Tuesday, clawing back some of the week's steep losses, but the turbulent trading of the last few days has made it almost certain that the boom markets seen in summer and early...
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January 29,2019The Eight Conference on Electronic Banking and Payment Systems opened at Tehran’s iconic Milad Tower on Tuesday. The two-day event, organized by the Monetary and Banking Research Institute, was...
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January 29,2019The Central Bank of Iran unveiled a draft of its cryptocurrency policy late on Monday, calling on experts and stakeholders in the area of virtual currencies to comment and send their views on the...
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January 28,2019In a report to the decision-making Money and Credit Council, the Central Bank of Iran outlined the effects of subsidized foreign exchange on the price of essential goods and food. The report was...
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January 28,2019Equity indices extended decline in the third session on Monday, tracking weakness in commodity stocks and uncertainty regarding the future of export-based companies. Heavy selling was witnessed in...
![Iran Welcomes EU's "Belated" Move to Open Payment Channel](https://financialtribune.com/sites/default/files/styles/360x260/public/31999434297_65377346be_k.jpg?itok=PlaQ_lbA&c=5d19ad0fc632791901f6cad3f0b8c247 "Iran Welcomes EU's "Belated" Move to Open Payment Channel")
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