More than 5.45 million investors took part in the listing of Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran. The listing process commenced after the…
Business And Markets
<p>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.</p>
A recent study conducted by Pulse Ware Company and University of Tehran academics shows that costs of circulating banknotes is still lower than the electronic payment fees, despite claims to the…
Tehran’s share market saw a bruising sell-off on Sunday pulling down the main market indicators as political concerns weighed on investor sentiment. The main index of Tehran Stock…
About 1,000 estates owned by the government are on the divestiture list by the time the current fiscal is out next March, an official with the Economy Ministry said. The properties are…
After a brief lull, currency rates again rallied against the rial on Sunday. The dollar was quoted at 273,000 rials in Tehran’s open market, up 7,000 rials, or 2%. Keeping pace with the upsurge…
More than 206,000 credit cards were used in the fifth month of the Iranian fiscal year that started in March -- a growth of 8.3% compared with the month before. Despite the increase in…
The Export Guarantee Fund of Iran, the main export credit agency, says it doubled credit and insurance services to exporters in the first five months of the current fiscal year (March 20- August…
Tehran stock market closed the first weekly session on Saturday slightly lower amid a sell-off of major refinery shares.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,602…
The rising tide of foreign currency rates against the rial paused on Saturday after soaring to record highs last week. The slide extended to the bullion market.
A dollar was quoted 266…
A former capital market official has recommended authorities in charge not to waste liquidity from the National Development Fund of Iran for investing in penny stocks.
Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.
Goods worth 243.4 trillion rials ($960 million) were traded at Iran Mercantile Exchange during the month to Sept 13. Companies traded 2.41 million tons of goods during the month to register…
Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran, plans to offer on Sunday 20% of its shares in Iran Fara Bourse, the junior equity market. The offer…
Statistical Center of Iran has published its latest report on home and land prices as well as rents in Iran's urban areas during the first quarter of the current fiscal year (March 20-June 20),…
The government sold 30.8 trillion rials ($120 million) in Islamic bonds via the interbank and stock market during the weekly auction on Tuesday. According to the central bank’s public…
Tehran’s share market pared earlier losses at the close of trading week on Wednesday as investors, buoyed by supportive measures, repositioned to the buy side. The main index of Tehran…
The Iranian Privatization Organization extended the subscription timeline for units of an exchange-traded fund that holds government shares in four refineries. In a press release…
The Governor of the Central Bank of Iran Abdolnasser Hemmati reiterated that fluctuations in the foreign exchange market is linked more to external and less to economic factors. In a note…
Tehran stocks gained some more lost ground as angst-ridden investors started leaving the sell side, and finding share prices attractive, rushed to buy. The benchmark of Tehran Stock…
Bank Melli Iran lent 42.7 trillion ($170 million) rials in marriage loans to newlyweds in the first five months of the current fiscal year (March 20-August 21). The loans were given to…
Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture again faulted stringent CBI rules that govern the repatriation of export earnings. In a meeting with chamber…
Tehran’s stock market gained some composure on Monday as sell-side pressure on a number of shares eased and sentiments were boosted by supportive measures. The main index of Tehran Stock…
Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA). ISPA asked a…
The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of…
After gains a session earlier, Tehran stocks dropped on Sunday after efforts to prop up the fragile recovery were fell short of boosting the sagging sentiment of disillusioned investors.…
