With share prices touching support levels after nearly two weeks of correction as shown in the technical analysis, signs of recovery that reappeared Wednesday turned into a full rally at 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>
Bank Hekmat Iranian, a private lender affiliated to the Army, officially merged with the state-owned Bank Sepah following an extraordinary meeting on Saturday. "Bank Hekmat Iranian…
Economists of all stripes have voiced strong reservations about central bank’s bold decision to set an inflation target of 22%. This, they say, is subject to conditions which if not…
South Korea will send to Iran $500,000 worth of medicine this week, the foreign ministry in Seoul said, in the first such humanitarian exports to the country since the United States tightened…
The Trade Promotion Organization of Iran has created a special integrated platform for receiving and processing loan applications from exporters who want to use export credit from the National…
The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the Murabeha bonds on the interbank trading platform.
The coronavirus has stoked concerns about losing one’s savings as more people entered the housing market in the month ending May 20 to register an 809.9% rise in home deals compared with the…
Tehran stocks ended trading week on Wednesday in positive territory to buck a bearish trend that dominated the market for three sessions in a row. The main gauge of Tehran Stock Exchange…
The currency market experienced a significant downturn on Wednesday after more than two weeks of bull market amid a noticeable decline in forex trade in Tehran’s open market. Drop in…
The Ministry of Economy has made a proposal to the Securities and Exchange Organization to create Real Estate Investment Trusts (REIT) to help fund the key housing sector, a deputy economy…
Majlis Research Center, the influential research arm of the parliament, has surveyed the performance of Iran’s housing and urban development, and measures taken to improve housing conditions…
Tehran Stocks opened in negative territory after a two-day Eid holiday, marking the end of the holy month of Ramadan, amid growing concern among investors that the bear market is here to stay.…
Two newly listed companies, a petrochemical company and one active in the food industry, will go public on Wednesday. Arya Sasol Polymer Company, which is listed at the junior equity…
The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at 22% during the current fiscal year that ends in March 2021. The…
A total of 11,569 homes were sold in Tehran from April 20 to May 20, the second month of the current Iranian year, to register a whopping upsurge of 790% compared with the preceding month, the…
The number of checks passed by banks declined sharply in the month to April 18, marking the first month of current fiscal year (March) and coinciding with the Persian New Year holiday season and…
The process of merging two of five military banks and credit institutions with the state-owned Bank Sepah will be complete early next month, governor of the Central Bank of Iran said.
With the subscription deadline set by the government’s bank-based exchange-traded fund ending on May 21, the Ministry of Economy announced that more than 58.86 trillion rials ($345 million) were…
The Statistical Center of Iran has published its latest report on home and land prices as well as rents in the capital city Tehran during the fourth quarter of the last Iranian year (Dec. 22,…
Most insurance companies have stopped issuing personal auto policies, following orders from the Central Insurance company of Iran (CII) to digitize their operations in this category. But it has…
Fluctuations in forex market in recent months have compelled the Central Bank of Iran to seek help from authorized exchange bureaus to restore stability to the chaotic market.
Trade of the so-called Justice Shares will start officially on May 26, with shareholders allowed to place sale orders for 30% of shares in their portfolio at the initial stage.
The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and 194,000 rials in Tehran's open market. The greenback was traded 0.9%…
Stocks tumbled in Tehran at the close of trading week Wednesday as investors continued to shun shares of major listed companies and turned increasingly to small-cap stocks. The main gauge…
A memorandum of understanding was signed between the Securities and Exchange Organization and the judiciary’s Social And Crime Prevention Department to minimize abuse and misdemeanors in Iran’s…
