The Majlis on Tuesday obliged the Social Security Organization to sell part of its shares in its affiliated lender, Refah Bank, so that the shares don’t exceed the ceiling set by the Central…
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>
Price of the US dollar passed over 170,000 rials in Tehran on Tuesday, hitting a 20-month high. Emami gold coin also recorded an all-time high on Tuesday climbing to an unseen 70.087 million…
The government will launch one of its biggest schemes to divest banks’ non-financial assets in the coming week, a deputy minister of economy said. The divestiture is related to non-…
Housing prices in five out of 22 districts of the capital city, Tehran, nearly tripled over the past two years. According to a report by ISNA, home prices in District 18 increased by 227…
Currency prices shot up again on Monday in Tehran as bank-affiliated moneychangers tagged the US dollar at 165,000 rials -- the highest in the past 20 months. Cold coin prices also increased by…
Tehran Stocks closed Monday a little below the flat line before bouncing back into positive territory as investors went for SAIPA shares in after-hour trade. …
Justice Shares would be offered on a gradual basis to avoid hurting share prices resulting from oversupply, head of the Iranian Privatization Organization said. Justice Shares are…
Interest rates for interbank lending dropped 3.9% in the last fiscal year (March 2019-20) compared to the year before, according to Central Bank of Iran data. The lending rate dropped…
The High Council of Economic Coordination approved a proposal Sunday to increase capital of the Export Guarantee Fund of Iran, the main export credit agency.
After breaking past the key 1,000,000 points one day before, Tehran stocks moved further up on Sunday. The benchmark of Tehran Stock Exchange, TEDPIX, gained another 2.2% adding 23,035…
Lawmakers on Sunday voted in favor of modifying laws related to currency and goods smuggling, increasing fines and penalties for those who smuggle foreign currency to and from Iran.
Total market capitalization of four bourses in Iran reached 35,215 trillion rials ($220 billion) in mid- April. The figure was 26,149 trillion rials ($163 billion) a month earlier,…
After tumbling near psychological levels in two successive sessions, the benchmark of TSE made history on Saturday to comfortably climb above 1,000,000 points. It was the TSE’s all-time…
Bank Melli Iran, the largest domestic lender, paid 239,000 plus marriage loans to newlywed during the last fiscal year that ended in March. According to BMI’s news portal, the total…
Gold in the domestic market is being traded at all-time highs with analysts warning about bubbles in the price of the precious metal. Emami gold surged more than 2.5% Saturday and was…
The Ministry of Roads and Urban Development plans to tap the existing capacity of Iran Mercantile Exchange to fund projects in the transportation and housing sector, an official with the…
Iran’s capital market made available 2,650 trillion rials ($16.5 billion) in funds for the government and listed companies in the last fiscal year (March 2019-20).
The main gauge of Tehran Stock Exchange closed trading week Wednesday in negative territory to buck a bullish trend that dominated the market for 21 consecutive sessions. The TSE…
Iran’s stock exchange regulator is easing conditions for issuing trading codes for new investors, cut red tape, encourage more people to the bourse and put the market on a stronger footing.…
Central Bank of Iran data indicates that the percentage of banks’ outstanding loans to deposits declined again in the calendar month to January 20. The loan to deposit ratio (LDR) stood…
After a long halt due to lack of buyers, oil officials in Tehran resumed trading crude oil at the Iran Energy Exchange on Wednesday. State-owned National Iranian Oil Company put 1 million…
Bank Maskan, the agent bank of Iran’s housing sector, declared in its latest report that the value of loans allocated in the last fiscal year that ended on March 19, 2020, increased by 17.5%…
Iran Insurance Research Center has reviewed the impact of covid-19 spread on the key industry, projecting a decline of 15.07% in premiums in the first quarter (March 21-June 1) of the current…
While it was 2% shy of moving past the psychological 1,000,000 points, Tehran stocks slipped on Tuesday as sell-off pressure swept through a broad range of shares. The benchmark of Tehran…
The government decision to lop four zeroes off the national currency could have some positive impact on the stock market, analysts say. The move would seemingly have little influence on…
