A trilateral agreement was signed by the Export Guarantee Fund of Iran, Export Development Bank of Iran and Arzesh Afarinan Pasargad Group to support the completion of export-based projects with…
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>
Currency rates experienced sharp swings on Sunday, with major currencies soaring again to new highs at the start of the trading session before retreating later.
The performance exchange-traded funds in Iran’s capital market shows the value of ETFs has grown at almost the same pace as the Tehran Stock Exchange. ETFs have posted up to 250% gain…
Recovering from a two days of bear market, Tehran stocks made a stunning comeback Sunday with renewed interest in the giants. With 3.08% growth, the benchmark of Tehran Stock Exchange…
Building on the memorandum of understanding signed earlier with the Securities and Exchange Organization to expedite listing private companies, the Iran Chamber of Commerce, Industries, Mines…
Stocks in Tehran took a reverse at the opening of trading week on Saturday with interest in large-cap stocks shifting to smaller companies with market indicators showing mixed results. …
The US dollar made one more leap on Saturday extending a rally that has lasted for seven successive sessions. The greenback strengthened close to 5% against the rial in Tehran’s open market,…
The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level. The greenback…
The Central Bank of Iran said the initiative to hold bond auctions has been positive so far in that it is helping the government fund its deficit spending without the need to expand the monetary…
New interest rates announced by the Money and Credit Council have failed to convince depositors to park their money in banks, secretary-general of the Iranian Private Banks' Association said. “…
The share market in Tehran closed trading week on Wednesday in negative territory as selloff pressure mounted on large-cap shares and investors rushed to the sell side. The benchmark of…
Major currencies continued to rise Wednesday for five successive sessions with the US dollar moving closer to 240,000 rials in Tehran’s open market but sopped near the threshold. The…
The latest monthly performance report of Iran's e-payment network, published by Shaparak Company, shows Beh Pardakht Mellat Company still tops the list of payment service providers in terms of…
The Money and Credit Council has allowed lenders to raise interest on term deposits, a move seemingly to curb the scale and scope of money flooding into some financial markets and to avoid…
Tehran stock market continued its forward march Tuesday as large-cap shares surged. Rising 22,774 points, the market-cap weighted benchmark of Tehran Stock Exchange, TEDPIX, moved up 1.25% to…
Iran and Russia are still discussing integrating interbank transaction networks, Russia's Mir and Iran's Shetab, to ease transactions between the people and businesses of the two countries, an…
The government sold Murabaha bonds worth 79 trillion rials ($343 million) in the weekly bond auction Tuesday, marking the highest bond sale since the auctions commenced in May.
Bank Maskan, the main housing lender, started offering 10 trillion rials ($45 million) in mortgage-backed securities (MBS) in the bond market to raise funds for its housing projects.
Major currencies again gained against the rial on Monday with the dollar soaring above the critical 230,000 rials in Tehran’s free market. The greenback climbed 5,500 rials to 233,000…
Tehran’s stock market opened in negative territory on Monday but managed to regain some lost ground late in the session as the TEDPIX, the benchmark of Tehran Stock Exchange, closed 9,274 points…
A package was announced Monday by the CBI outlining procedures for repatriating export earnings in the current fiscal year that ends in March 2021 and also earnings of the past two years.…
Tehran stocks bounced back on Sunday from a downturn in the previous session gaining 4.1% with 71,484 points. Sunday’s gain put the main index of Tehran Stock Exchange at an all-time high…
In a bid to support authorized cryptocurrency mining, Iran Power Generation, Distribution and Transmission Company (Tavanir) said it will cut up to 47% of electricity tariff for miners during…
So far 33 knowledge-based companies are listed with the stock market and plans call for adding 16 more, the vice president for science and technology said. Sorena Sattari added that many of the…
The government is revisiting its large-scale divestment schemes that were initially to be implemented via exchange-traded funds.
