Tehran seems unimpressed and also pessimistic over the newly-created Swiss payment channel aimed at delivering humanitarian goods to Iran.
Business And Markets
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Tehran Stock Exchange and Iran Fara Bourse closed trading week in positive territory on Wednesday, riding on the power of fresh liquidity and increasing number of new investors who compete to…
Bank Melli Iran, the biggest state-owned lender, gave 952 trillion rials ($7.1 billion) in loans over ten months since the beginning of current fiscal year that ends in March. …
The Central Bank of Iran has made available $4 billion in foreign currency to importers of medicine and medical equipment in the last ten months. This amount "is 2,000 times more than the value…
The Central Bank of Iran’s new scheme to fund manufactures, known as Productive Credit Certificate, was launched Tuesday at the central branch of Bank Melli Iran. Known by its…
A federal appeals court granted a temporary halt in the US prosecution of Turkish lender Halkbank over sanctions violation charges while it weighs other requests by the bank.
Iran Chamber of Cooperatives has measured the purchasing managers’ index (PMI) for the country’s real-estate and construction sectors, known by the Farsi acronym Shamekh, for the 10th month of…
Despite risks associated with the country's air fleet, aircraft insurance coverage registered the lowest (18%) loss ratio in the industry' portfolio, allowing insurers to profit larger amounts…
Iran’s payment settlement network, Shaparak, processed 2.2 billion transactions during the month to January 20, down 2.24% in volume compared to the earlier month. The transactions rose by…
Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects. Securities mature in one…
Tehran stocks climbed 2.5% on Monday to stage one of its biggest rallies. The main gauge of Tehran Stock Exchange gained more than 10,600 points and hit the historic level of 438,881 points.…
A report on the value of deposits with 11 selective banks shows long-term deposits are increasingly turning into sight deposits, rising concerns about inflation in prices as depositors may…
Data released by the World Federation of Exchanges ranks Tehran Stock Exchange and Iran Fara Bourse as world's second and third best-performing exchanges in terms of the annual growth in their…
The main index of Tehran Stock Exchange, TEDPIX, rose 2,032.07 points, or 0.48%, on Sunday to end trading at 428,217.0. Almost 7.59 billion shares valued at 37.31 trillion rials ($278.4 million…
The Iranian Privatization Organization has outlined plans to facilitate divestiture of government assets in the coming Persian calendar year that begins in March. Setting up an…
Exactly one year ago the foreign ministers of France, Germany and the UK created the so-called Instrument for Supporting Trade Exchanges (INSTEX) to facilitate legitimate trade with Iran…
The government wants to bring under closer scrutiny transactions above 50 billion rials ($375,000) conducted inside the country, head of Iranian National Tax Administration said. Omid Ali…
The general price index of construction materials for residential units in Tehran stood at 422 in the third quarter of the current Iranian year (Sept. 23-Dec. 21), according to the Statistical…
Tehran Stock Exchange benchmark, TEDPIX, rose from 178,659 points at the beginning of the Iranian fiscal year (ends in March) to reach 427,139 as of January 28, indicating 248,480 points or 139.…
The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank…
A total of 10,687 homes were sold in Tehran during the 10th month of the current fiscal year (Dec. 22, 2019-Jan. 20) to register a 12.1% rise compared to the month before. The number of home…
The main index of Tehran Stock Exchange TEDPIX gained 2,356.13 points, or 0.56%, on Monday to climb to 420,668.1 at the end of trading session. About 6.71 billion shares valued at 35.86…
Bank clients in Iran henceforth are obliged to provide authentic and verifiable documents regarding the purpose of large transactions, the Central Bank of Iran of Iran said in a notice.
Isfahan Zinc Smelting Company plans to offer 10% of its shares on Iran Fara Bourse, the over-the-counter stock market, in an initial public offering on Tuesday. The offer includes…
Banks and credit institutions paid 6,262.7 trillion rials ($47 billion) in loans during the first nine months (March 20-Dec 21, 2019) of current fiscal year. The loans increased by 1,438.…
