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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December 24,2018In the first nine months of current fiscal to Dec.21, almost 1.4 trillion rials ($175 million) in guarantees was issued or extended by the SMEs Investment Guarantee Fund. According to the IGF... -
December 23,2018The Statistical Center of Iran has published its latest report on the state of home and land prices, in addition to rents, suggesting that all have increased significantly across urban areas in the...
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December 23,2018Steel prices have witnessed a 30% decline compared with last month, the deputy head of Iranian Steel Producers Association said. Bahador Ahramian added that the decline has steepened in the last...
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December 23,2018A new decision approved by the Money and Credit Council obliges Iranian banks and credit institutions to pay interest on deposits on a monthly basis, calculating the minimum balance in a month as...
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December 23,2018As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the bank...
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December 23,2018Tehran stocks closed positive on Sunday, ending the bearish spell, as institutions continued to take positions to support shares and investors found new encouragement to buy stocks they reckoned ...
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December 22,2018Iran's Supreme Council of Economic Coordination – a special body comprising heads of the three branches government – has agreed to the total settlement in rials of payments for crude oil sales on...
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December 22,2018Tehran Stock market on Saturday capped a tumultuous three months with another substantial drop. After a roller-coaster ride through autumn that saw the market make historic gains on a plunging...
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December 22,2018Tehran Stock Exchange closed the first nine months of the current fiscal to December 19 with a return of 62% on investment, which makes it one of the top-performing economic sectors. The main...
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December 21,2018The governor of the Central Bank of Iran says important developments in banking and trade will take place following talks between the presidents of Iran and Turkey.
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December 21,2018According to the National Development Fund of Iran data, the sovereign wealth fund gave 27 trillion rials ($267 million) to agent banks for loans in the first quarter of current fiscal to June. ...
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December 19,2018Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth...
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December 21,2018The special trade mechanism set up by India's UCO Bank for processing oil import payments from Iran became operational on Friday, an official at the Foreign Ministry in Tehran said. "Following...
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December 19,2018India will deposit payments for crude oil imported from Iran into escrow accounts of five of its banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to...
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December 19,2018The Statistical Center of Iran announced that the number of building permits issued during the first quarter of the current fiscal year that ended on June 21 increased compared with the same period...
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December 19,2018Iran's main stock market closed at a three-month low Wednesday amid a bearish global market and weak oil prices. Wednesday's session, which marked the last trading day in the fall, saw Tehran...
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December 18,2018Trade in cryptocurrency and bitcoin is legally prohibited and no permission, either from Central Bank of Iran or other regulatory bodies, has been granted to websites that provide crypto currency...
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December 18,2018Refineries led the slide in Tehran stocks Tuesday as an early rally faded, giving the benchmark TEDPIX index its fourth straight loss. Petrochemical stocks also helped pull the market lower,...
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December 18,2018A report by the Central Bank of Iran shows that out of a total of 51 trillion rials ($504.9 million) worth of participatory bonds, 39.8 trillion rials ($394 million) were bought by investors in the...
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December 18,2018As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million rial ($335), down...
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December 17,2018Establishing a supervisory body within the Central Bank of Iran is a significant aspect of the new banking reform bill, says the head of the Majlis Economic Commission. Mohammad Reza Pour-...
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December 17,2018Tehran stocks retreated for the third consecutive day on Monday as base metal and steel shares came under further pressure and the rial strengthened. However as the early day selloff was sending...
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December 17,2018Central bank data show that total liquidity was 16.93 quadrillion rials ($166.06 billion) on October 22 -- 20.7% higher compared to the same month last year. It also reported a 10.7% rise compared...
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December 16,2018Future contracts were officially launched for the first time on Sunday in the Tehran Stock Exchange on seven tickers. The equity futures were unveiled during a ceremony, attended by senior...
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December 16,2018Iran's steel industry has always played a significant role in global, regional and national economies, brining high revenues for countries and helping build strong economies with sustainable growth...
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