The share market opened trading on Tuesday on a strong note in the first session only to lose ground later as sell-side pressure mounted for many large-cap shares in the second round. 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>
Export companies have refused to return $27 billion in overseas earnings in the past two years and the government is struggling to bring the money back by resorting to a mix of pliability and…
Tehran’s share market showed some sign of recovery on Monday after a relatively deep correction phase that wiped off almost 13% of the value of stocks in five consecutive sessions of bear market…
To promote real estate trade and ease the listing of properties, the Iran Mercantile Exchange said it will not charge a fee for listing real estate. The fee was equivalent to a thousandth of…
The US dollar gained 3% against the national currency in Tehran’s free market and was sold for 230,000 rials on Monday after vacillating between 220,000-224,000 rials for two weeks. The…
The Guardians Council—a watchdog that ensures laws are in line with the Iranian Constitution and Islamic law—has drawn attention to the flaws in various provisions of new vacancy tax bill…
Tehran stock market was hit hard at the fifth session of bear market Sunday and plunged in what is said to be one of its worst days in history. The benchmark of Tehran Stock Exchange,…
Properties owned by subsidiaries of the New Towns Development Company are to be sold through the Iran Mercantile Exchange, a board member of the company said. "We have 19 subsidiaries in…
Iran Energy Exchange announced Sunday that the plan to offer parallel salaf contracts to be backed by crude oil exports has been postponed. In a notice on its website, it’s public…
The parliament on Sunday approved a bill proposed by the government in which listed companies are obliged to improve their capital structure using share premium.
The Statistical Center of Iran has published its latest report on home and land prices, as well as rent levels in the capital city Tehran in the first quarter of the current Iranian year (March…
Tehran stocks experienced one of the biggest downturns at the start of trading week on Saturday extending a losing streak into the fourth day. The main index of Tehran Stock Exchange,…
The Central Insurance company of Iran, the supervisory and regulatory body of insurance industry, has notified insurance companies to improve their performance and take action against agents…
Governor of Central Bank of Iran says the bank has been struggling to reform the banking system long saddled with mismanagement and financial indiscipline. In a note on his social media…
The government announced limits on the amount of export by owners of new commercial cards. The decision was approved by the Cabinet earlier in the month and sent to relevant administrative…
The Iranian National Tax Administration announced tax brackets on buyers of gold coins in the last fiscal year (March 2019-20). As per an INTA bylaw outlining details of the gold tax, all those…
The National Iranian Oil Company plans to offer standard parallel salaf contracts for 520,000 barrels of heavy crude oil via Iran Energy Exchange. As per a notice published on the codal.…
The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread. In a press release seen…
Opening in positive territory in the early hours, Tehran stocks reversed course in the mid-trading session and finally ended trade in the red on Wednesday.
Iranian insurance companies cover nearly $500 billion worth of risks, says Gholamreza Soleimani, president of the Central Insurance company of Iran (CII) – regulator of the insurance industry.…
The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic buyers, saying that it is one of the few government options to fund the budget deficit…
The Money and Credit Council - the top monetary decision-making body - approved a proposal by the Central Bank of Iran to issue a new type of ‘Wadieh’ Islamic bond to tame money flow.
Tehran’s housing Consumer Price Index in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 46.4% compared with the corresponding period of last…
Extending earlier session’s loss, the Tehran Stock Exchange fell 3.16% on Tuesday and its benchmark, TEDPIX, lost 65,261 points to retreat to the critical 2 million points reached on August 2.…
The government sold 30.4 trillion rials ($132 million) in Islamic bonds in the interbank and stock market during the weekly auction on Tuesday. As per an earlier announcement, it was to…
