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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July 21,2023Pardis Insurance Company has received an operating license allowing the company to handle risks in all insurance categories. The Central Insurance company of Iran (CII) in a note called on Pardis... -
July 21,2023The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported, citing US officials. The ban, which was imposed by the Treasury Department and...
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July 21,2023Tehran Stock Exchange's main index, TEDPIX, gained 16,665.67 points or 0.83% on Wednesday to end at 2,016,385.84 and the TSE equal-weighted index climbed 1.33%. About 8.15 billion shares worth 61....
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July 20,2023The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a US official said, a step Washington hopes may keep Tehran from forcing unpopular power cuts during the...
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July 21,2023Foreign debt was $6.3 billion by the end of the last calendar year (March), the Central Bank of Iran said -- almost 27.6% lower on the year before. Medium and long-term debt was $4.5 billion or...
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July 18,2023Tehran Stock Exchange's main index, TEDPIX, gained 43,085.10 points or 2.20% on Tuesday to end at 1,999,719.93 and the TSE equal-weighted index jumped 2.24%. About 11.67 billion shares worth 78.18...
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July 18,2023The Central Insurance company of Iran (CII), the regulatory body of the insurance industry, says it plans to launch a national reinsurance company. “Issuing license for specialized reinsurance...
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July 18,2023The Central Bank of Iran deputy governor for innovative technologies says the bank has imposed some restrictions for fintech startups access to API services. "We have imposed restrictions on API...
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July 17,2023The Central Insurance company of Iran (CII) has released a report on the risk retention capacity of domestic insurers adding three new companies to the list. According to the CII website, the...
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July 17,2023Government-owned and semi-state banks provided 688 trillion rials ($1.4 billion) in collateral-free loans to 1.9 million individuals from February 2022 to June 2023. As per Economy Ministry rules...
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July 17,2023Tehran Stock Exchange's main index, TEDPIX, lost 64,663.32 points or 3.20% on Monday to end at 1,956,634.03 and the TSE equal-weighted index plunged 2.93%. About 10.44 billion shares worth 65.57...
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July 16,2023Tehran Stock Exchange's main index, TEDPIX, lost 49,591.58 points or 2.39% on Sunday to end at 2,021,297.64 and the TSE equal-weighted index plunged 2.68%. About 8.84 billion shares worth 61.76...
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July 16,2023The Central Bank of Iran is planning to levy tax on cryptocurrency-related businesses. Mehran Mahramian, CBI deputy governor for innovative technologies said, "Decision in this area is challenging...
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July 15,2023The Monetary and Banking Research Institute (MBRI) says the output of listed manufacturing companies increased during the third month of the current fiscal year (May 22-June 21), though at a...
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July 15,2023Abouzar Soroush, the deputy of supervision at the Central Bank of Iran outlined the measures to expand microloans. “The measures include increasing the ceiling for interest-free loans,...
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July 15,2023Tehran Stock Exchange's main index, TEDPIX, lost 513.71 points or 0.02% on Saturday to end at 2,070,890.25 while the TSE equal-weighted index gained 0.45%. About 13.71 billion shares worth 93.66...
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July 14,2023Bakht-ur-Rahman Sharaft, the head of the Afghanistan Railway Authority, and a delegation from Iran signed a memorandum of understanding on Wednesday to expand collaboration in the rail sector. The...
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July 14,2023Mohammadreza Farzin, the governor of the Central Bank of Iran in a meeting with bank CEOs reemphasized the need to adhere to interest rates on deposits approved by the Money and Credit Council. "...
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July 12,2023The Cabinet has approved a plan to provide financial support to farmers. According to the decision, the Central Bank of Iran is required to allocate 40 trillion rials ($82 million) in loans...
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July 12,2023Tehran Stock Exchange's main index, TEDPIX, lost 56,949.02 points or 2.68% on Wednesday to end at 2,071,429.47 and the TSE equal-weighted index plunged 2.93%. About 11.77 billion shares worth 80.2...
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July 11,2023Tehran Stock Exchange's main index, TEDPIX, gave up 30,154.71 points or 1.40% on Tuesday to end at 1,128,378.41 and the TSE equal-weighted index lost 1.88%. About 10.84 billion shares worth 70.95...
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July 11,2023Prospects and bottlenecks of the banking sector’s use of artificial intelligence were discussed in a meeting of tech and banking experts. Participants stressed the need and significance of...
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July 11,2023Iran Chamber of Guilds has called for changes in the newly-unveiled system for e-payment transactions fees so that cardholders pay a share of the charges. According to the chamber, starting from...
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July 10,2023The head of Sanhab Company, the body in charge of managing the online database of insurance industry, says startups are not obliged to connect to the regulatory body’s central API gateway. "...
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July 10,2023Listed banks paid an estimated 730 trillion rials ($1.46 billion) interest on deposits in first three months of the current fiscal year (March 22-June 21). According to the financial statements of...
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