After getting near the milestone 2 million points for almost two weeks, the benchmark of Tehran Stock Exchange, TEDPIX, moved past the psychological level on Sunday. TSE’s market-cap…
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>
South Korea and Iran have agreed to launch a working group on expanding humanitarian trade as part of efforts to maintain bilateral partnership within the scope of a US-approved sanctions…
The Central Bank of Iran says the coronavirus pandemic, deepening budget deficit and disruption in foreign trade are largely responsible for pushing up consumer prices in recent months. …
Tehran’s stock market moved higher at the start of trading week on Saturday as investors’ attention shifted again toward giants in the market. The benchmark of Tehran Stock Exchange,…
Cryptocurrency miners have one month to register smuggled mining equipment, said a deputy minister of Industries, Mining and Trade, the body in charge of authorizing crypto mining industry.…
The Central Bank of Iran said increase in sight deposits far outpaced term deposits in the first quarter of the current fiscal year (March 20-June 20), reflecting depositors’ reluctance to keep…
Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday. Hitting a historic high of 113.6…
The Civil Servants Pension Fund (CSPF), the second largest pension fund in Iran, is planning to launch an exchange-trade fund, the CEO said. The new ETF is dubbed as “Wealth Management”…
The Export Guarantee Fund of Iran is planning to open 21 offices in the provinces to help address exporters’ increasing demand for guarantees.
Expansion of monetary growth has again been blamed on the Central Bank of Iran’s obligation to purchase forex from the National Development Fund of Iran and settle the payment in rials, an “ill-…
A total of 14,047 homes were sold in the capital during the fourth month of the current fiscal year (June 21-July 21), registering a 30.3% rise compared with the preceding month. They saw…
Tehran stocks took a drubbing unseen since May 26 at the close of trading week on Wednesday after sell-off in blue chips deepened. The main index of Tehran Stock Exchange, TEDPIX, lost 1.…
Central Bank of Iran says use of one-time-password (OTP) has resulted in a significant drop in phishing and exposure of sensitive information about bank accounts. Phishing cases in the last…
The government sold 44 trillion rials ($191 million) in bonds at the weekly auction on Tuesday. So far it has generated 464 trillion rials ($2 billion) in nine auctions that have been set up to…
The Planning and Housing Economy Office of the Ministry of Roads and Urban Development has released a report on Tehran's housing market in the fourth month of the current Iranian year (June 21-…
Tehran Stock Exchange closed in positive territory Tuesday despite many large-cap shares traded lower as the TSE’s benchmark toiled to break past the 2-million-point milestone. …
Power plants can supply authorized cryptocurrency miners so long as the electricity is sold at the agreed (lawful) tariffs, a spokesperson for the Power Generation, Distribution and Transmission…
Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier. Emami gold coin, which hit a historic high of 112.4 million rials on…
Banks and credit institutions in Iran paid 2,247.8 trillion rials ($9.7 billion) in loans during the first three months (March 20-June 21, 2020) of current fiscal year. Compared to the…
Iran’s foreign debt dropped from $9.031 billion at the end of the last fiscal year (March 19) to $8.65 billion by the end of the first quarter of current fiscal on June 21. The external…
Tehran stocks extended a losing streak into the second day on Monday as sell-side pressure remained high under retreat of blue chips. The benchmark of Tehran Stock Exchange, TEDPIX, dropped by…
Head of the Export Department of the Central Bank of Iran on Monday gave some clarification about the €25 billion in unreturned export earnings. This comes after business leaders last…
A Swiss pharmaceutical company has completed the first transaction under a new humanitarian trade channel with Iran, the government in Bern said on Monday. The Swiss Humanitarian Trade…
The Central Bank of Iran reported that growth in broad money supply picked up during one year, rising by 34.2% by end of the calendar month to June 21 compared with the same period last year.…
Tehran stocks fell on Sunday as the Tehran Stock Exchange benchmark, TEDPIX, faltereds near the psychological level of 2 million points and chart patterns suggested correction in the prices of…