Investors in the Tehran stock market heaved a sigh of relief Tuesday as market indicators turned green after eleven sessions of bear market. The main index of Tehran Stock Exchange,…
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>
Foreign currencies recorded gains Tuesday in Tehran’s free market. The dollar shot up 3,600 rials, or 1.54%, to reach 233,000 rials. It had registered meager declines earlier in the week.…
The Iranian Privatization Organization published a notice Tuesday outlining details about subscription of government shares in four refineries via an exchange-traded fund. It called on…
State-owned Bank Melli Iran, the largest domestic lender, says it ceded nonfinancial assets worth 26.13 trillion rials ($113 million) in the first five months (March 20- August 21) of the…
Tehran stocks suffered one more hit on Monday amid visible efforts by the regulatory body and institutional traders to prop up the market but to no avail because of rising sell-side pressure.…
Following digitizing plans for the insurance industry, the Central Insurance company of Iran Monday unveiled new supervisory platforms for the transport and fire insurance categories. The…
The CBI governor says the bank has kept the growth of money supply in check which is a harbinger of decline in inflation rate. Abdolnasser Hemmati told state TV that the monetary base…
The Trade Promotion Organization announced a timeframe based on which commercial ID cards of exporters who have failed to return their foreign currency earnings will be suspended. …
Tehran stocks fell deeper on Sunday extending a losing streak that has dominated the market for more than two weeks.
The governor of the Central Bank of Iran said exporters transferred home $2.5 billion before the July deadline set by the regulator.
South Korea is seeking to sell medicine and medical equipment in lieu of its arrears to Iran blocked in the south eastern country’s banks, head of Iran-South Korea Joint Chamber of Commerce said…
Iran’s Fintech Association has proposed a new fee system for online payment in which payment aggregators and payment service providers cover the network fees, which are currently paid by banks…
Tehran’s currency market was calm on the first day of the week as foreign currency rates decreased but bank-affiliated moneychangers were unmoved. According to Eghtesad News website, the…
Tehran’s share market opened trading week on Saturday in negative territory amid stress among investors about what lies ahead. The benchmark of Tehran Stock Exchange, TEDPIX, shed close…
Gold buyers should henceforth present national ID cards to able to purchase jewelry from shops, head of the Tehran Gold and Jewelry Union said. Ebrahim Mohammadvali said the measure is in…
Subscription for units of an exchange-traded fund that holds government stakes in four refineries will commence on Wednesday, head of the Iranian Privation Organization said. “IPO has…
The Tehran Stock Exchange decided Thursday to restore the previous trading hours apparently after reports that the temporary changes in trading hours had a negative impact. The regulator…
Iran Insurance Company has given 15 trillion rials ($65 million) in credit to policyholders who could not afford to pay their premiums due to the problems created by Covid-19. "The credit was…
Oil products costing $108 million were traded in the international ring of the Iran Energy Exchange in one month to August 15. Heavy naphtha was the main item with a total of value of $36…
The plan to presale housing units through standard salaf contract will be implemented next month at the Iran Mercantile Exchange, the IME deputy for economic studies said. “IME plans to…
The Power Generation, Distribution and Transmission Company (Tavanir) has identified and shut 1,100 unlicensed crypto mining farms with the help of whistleblowers.
With a feeling of uncertainty and nervousness cast over the future of stocks and disappointment with government pledges to buttress the market, Tehran shares fell again on Wednesday. The…
The parliament on Wednesday approved laws based on which companies that recapitalize using share premiums will be eligible for tax breaks. As per the new legislation, listed companies…
The government needs to issue 1,240 trillion rials ($5.4 billion) in bonds, which is over and above the amount projected in the March 2020-21 budget, head of the Debt Management Department of…
Governor of the Central Bank of Iran says lenders should use a fraction of their financial reserves to buy bonds issued by the government.
