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 27,2022The Central Bank of Iran says six (unnamed) banks will face punitive action for offering higher interest rates on deposits. “Banks were given two weeks to stop proposing illegal interest rates.... -
September 25,2022The Ministry of Economy, Central Bank of Iran and Ministry of Industry, Mine and Trade signed an agreement on Saturday to enhance financial support for domestic producers. According to IBENA, the...
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September 25,2022Trade at the Iran Mercantile Exchange (IME) reached 4,311 trillion rials ($13.6 billion) in the first half of current fiscal year (March 21-Sept. 22). Total trade shot up 67% on the first six...
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September 21,2022The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian...
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September 21,2022The Tehran Stock Exchange main index TEDPIX lost 11,819.61 points or 0.86% on Wednesday to end trade at 1,355,240.93. About 5.8 billion shares valued at 30.8 trillion rials ($106.2 million)...
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September 21,2022Iran Fara Bourse (IFB) says more knowledge-based companies and startups will go public in the near future as measures are taken to facilitate the process. “Tap30, a ride hailing app, went public...
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September 21,2022The Economy Ministry sold 50.3 trillion rials ($158 million) bonds in the last auction held Tuesday by the Central Bank of Iran -- the highest sale in the current fiscal year that started in March...
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September 20,2022Annual growth of money creation by banks fell 57% in the first five months (March 21-August 22) of the current fiscal year, the Economy Ministry reported. The ministry said the decline in money...
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September 20,2022The recent order by the Central Bank of Iran to separate business and personal bank accounts should ease pressure on the official financial and economic sectors and put the onus on the unofficial...
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September 20,2022The Central Bank of Iran is to announce XBRL (eXtensible Business Reporting Language) standards for financial reporting by banks. According to the CBI governor Ali Salehabadi, this standard will...
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September 20,2022The Tehran Stock Exchange main index TEDPIX lost 6,760.57 points or 0.49% on Tuesday to end trade at 1,367,060.37. About 4.66 billion shares valued at 29.18 trillion rials ($100.64 million)...
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September 19,2022The top court of the United Nations, the International Court of Justice (ICJ), began public hearings on Monday in a high-profile case concerning the seizure of Iranian assets in the US. The case...
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September 19,2022The Tehran Stock Exchange main index TEDPIX lost 4,096.55 points or 0.3% on Monday to end at 1,373,821.43. About 4.97 billion shares worth 39.57 trillion rials ($136.47 million) changed hands at...
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September 18,2022Since the beginning of the calendar year in late March banks and credit institutions gave 790 trillion rials ($2.5 billion) loans to encourage youth marriage and childbirth. Mostafa Qamari-Vafa,...
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September 18,2022Performance of the domestic payment network indicates 9% growth in the number of unused or infrequently used POS terminals in the month to August 22. POS terminals are popular digital payment...
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September 18,2022Tehran stocks opened Sunday again under heavy sell-side pressure in almost all categories. The main index of Tehran Stock Exchange, TEDPIX, lost 11,180.85 points or 0.80% to end at 1,377,917.45...
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September 18,2022Listed companies paid 26 trillion rials ($80 million) in dividend to shareholders since the beginning of current fiscal year in March. According to data released by the Central Securities...
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September 17,2022The Central Bank of Iran has announced new measures to prevent banks from giving loans to related persons, head of the CBI department for banking health assessment said. "Rules include caps on...
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September 17,2022The Majlis Research Center (MRC), the parliament’s think tank, says the National Development Fund of Iran must resist calls for partial payment by all those who have taken out forex loans. In a...
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September 17,2022The Central Bank of Iran is giving the finishing touches to a plan to tap into the newly-developed credit instruments in trade of commodities at the Iran Mercantile Exchange. In a meeting with...
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September 15,2022Tehran Municipality on Wednesday its first real estate offer at the Iran Mercantile Exchange. It included two apartments, which were bought in less than an hour after the offer was seen on the...
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September 14,2022The Economy Ministry generated 22.8 trillion rials ($73 million) in the last bond auction Tuesday held by the Central Bank of Iran. The auctions are held weekly to raise funds for the government’...
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September 15,2022The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,027.53 points or 0.29% at the close of trading week Wednesday to end at 1,389,099. A total of 8.38 billion shares worth 76.14 trillion rials...
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September 15,2022The Governor of Central Bank of Iran Ali Salehabadi says the CBI has enough foreign currency to pay for imports. “Almost $26 billion was given for imports from the beginning of current fiscal year...
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September 14,2022The Central Bank of Iran has launched a pre-test phase of the Crypto-Rial, the central bank digital currency, the governor said Wednesday. “At this phase, Bank Melli Iran and Bank Mellat have...
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