The total number of active debit cards reached 104.93 million up until the Iranian calendar month (Feb. 20) of the fiscal year that ends next week. Shaparak, the company in charge of…
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>
Tehran stocks took another beating on Sunday as bruising selloffs that have persisted since March 7 continue to hit a broad range of stocks. Selloffs wiped more than 8,600 points off the…
The governor of the Central Bank of Iran on Wednesday outlined financial aid to help mitigate economic losses arising from coronavirus outbreak. Speaking on the sidelines of a Cabinet…
Tehran stocks plummeted more than 3.3% at the start of trading week on Saturday amid investors unwillingness to trade and anxious about uncertainty about future market developments.
The Ministry of Economy has sent requests to multilateral development banks, in which Iran is a member, for financial and non-financial assistance for controlling, combating and treating the…
By the end of the fiscal month to December 21, total outstanding loans made by domestic banks crossed 17,409 trillion rials ($116 billion) -- up 23% annually. The figure indicates 15.4% hike…
Insurance companies in Iran have provided nearly 4.5 trillion rials ($30 million) to medical centers affiliated to the Ministry of Health to help them overcome financial constraints amid the…
The government plans to sell 110 trillion rials ($720 million) in Murabaha Sukuk on Sunday to fund administrative bodies wanting to purchase goods and services. Sukuk bonds will be issued…
The governor of the Central Bank of Iran said he has asked the International Monetary Fund last week for $5 billion in emergency loans to help the country contain the spreading virus and…
Statistical Center of Iran has published its latest report on home and land prices in addition to rents, which indicates all have increased across urban areas during the third quarter of the…
Head of the Iran Chamber of Commerce, Industries, Mining and Agriculture has called on the Central Bank of Iran to postpone deadline(s) for repatriating export earnings by at least three months…
Tehran stocks closed trading week on Wednesday around the flatline to buck a bearish trend that dominated the market since Saturday. The main gauge of Tehran Stock Exchange, TEDPIX,…
Banks and financial institutions in Iran have been advised to curtail operations and take effective precautionary hygiene measures, especially where the coronavirus is widespread, to protect…
Shares in Tehran Stock Exchange and the junior market Iran Fara Bourse took another drubbing Tuesday to extend a losing streak into the third day.
In a report on the controversial policy of the government to subsidize foreign currency for basic imports, the Majlis Research Center said it is ill-advised and a waste of scarce national…
The Ministry of Roads and Urban Development is planning to assist renters by arranging a bartering platform where new and semi-finished homes are exchanged for government-owned lands.
The Central Bank of Iran will decide about using the payment channel devised by the Swiss government for sending humanitarian goods to Iran, head of the Iran-Switzerland Joint Chamber of…
Tracking global markets, share prices in both Tehran Stock Exchange and over-the-counter Iran Fara Bourse took a beating on Monday. TSE’s market cap-weighted index, TEDPIX, shed more than…
Mobile transactions declined significantly over the past calendar month (ended Feb. 19) largely due to hassles of using one-time-passwords. A total of 96.42 million transactions were handled by…
A Swiss channel to export food and medicine to Iran without running foul of US sanctions is off to a good start, with dozens of companies keen to take part, a senior Swiss government official…
The Central Bank of Iran is expanding infrastructure for contactless payment via QR codes and digital wallets in a bid to limit the coronavirus outbreak via circulation of banknotes among the…
Parliament has obliged banks to close accounts of customers whose identities are not clearly stated in the bank documents, a move seen as another step toward conforming to anti-money laundering…
Tehran Stocks closed trading week on Wednesday on a strong note to extend rallies that dominated the market since Saturday. The main gauge of Tehran Stock Exchange, TEDPIX, climbed 2% and…
The Central Insurance company of Iran's recently updated list of insurers authorized to accept reinsurance cover, shows Alborz Insurance Company, one of the big four private firms in Iran, has…
The Money and Credit Council -- the top finance and banking policymaker -- agreed on Wednesday to postpone repayment of loans to mitigate the effect of new coronavirus on businesses.…
