A review of the performance of investors in the stock market shows that only 10% of those who have trading codes have engaged in trading since the beginning of the current fiscal year in March.…
Business And Markets
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The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts March 2020), to finance development projects.
Tehran stocks rallied on Monday amid rising demand for shares of major petrochemical firms. The main index of Tehran Stock Exchange TEDPIX gained 2,644.41 points, or 0.74%, on Monday…
With the final call by the global anti-money laundering watchdog, the Financial Action Task Force, on Iran coming to a head, a group of MPs are preparing a letter to the Leader of Islamic…
Tehran stocks rallied Sunday as investor sentiment remained high for stocks of giant listed companies particularly in commodity, metal and bank groups. The main gauge of Tehran Stock…
The number of active bank debit cards, used for at least one transaction, increased by 1.3 million from Sep.23 to Nov.21. On Nov.21, the number of bank cards reached 101.9 million, up…
Iran Health Insurance Organization has plans to extend health insurance to refugees in the next fiscal year that starts in March 2020. So far "approximately 92,000 foreigners are covered by the…
Iranian steel mills produced a total of 23.64 million tons of crude steel during the first 11 months of 2019 (January to November), which indicate a 5.3% rise compared with the corresponding…
Export Guarantee Fund of Iran, a state-owned export credit agency, is set to increase its capital by €100 million in the next (March 2020-21) budget and it is working hard to further increase…
Exporters of non-oil goods repatriated more than €12.1 billion ($13.4 billion) of their overseas earnings to the country since the beginning of the current fiscal year in mid-March, the Central…
The total value of bounced checks during the month to November 21 declined 2.5% compared to a month earlier while the volume showed a hike of 11%. About 686,000 checks worth 100 trillion…
The Statistical Center of Iran has published its latest report on home and land prices, as well as rents, which indicates an all-out increase across urban areas during the second quarter of the…
The government’s remaining stakes in six refineries is to be offered via a monolithic exchange-traded fund, according to a decision by an ad hoc committee in charge of divesting government…
The Central Bank of Iran's press release indicates considerable growth in operations of key electronic banking platforms during the first half (March-Sept. 2019) of the current fiscal year.…
President Hassan Rouhani on Thursday proposed setting up a transport insurance mechanism for Muslim nations. Iran’s oil-reliant economy has been hit by new US sanctions after President Donald…
Tehran Stock Exchange hit the unprecedented level of 350,000 points on Wednesday amid demand for shares of banks and commodity companies. The main gauge of TSE added more than 3,400…
The Majlis Research Center, the influential parliamentary think tank, says the budget bill for the next fiscal year (March 2020-21) is imbued with overestimations on the revenue side. It…
Almost a month after Oil Minister Bijan Namdar Zanganeh adjusted the guidelines for crude oil sale via IRENEX, the ministry again tweaked purchasing terms to attract buyers. Amirhossein…
The government announced on Monday that revolutionary organizations involved in economic activities must pay tax in the coming fiscal year that begins in March 2020.
Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” umbrella on Tuesday. The package of rules includes the Islamic Banking Bill, Central Bank of…
The government has concocted a bigger role for the stock market on the revenue side of the next fiscal budget (March 20-21), according to the CEO of Iran Fara Bourse, the junior stock market.…
Michael Bock, head of Iran-EU trade channel, known as the Instrument In Support of Trade Exchange (INSTEX), will visit Iran on January 12 to discuss the latest developments on the long-delayed…
The main gauge of Tehran Stocks Exchange TEDPIX gained 823.22 points, or 0.24%, on Sunday to end trading at 344,115.0. About 5.6 billion shares valued at 31.90 trillion rials ($254.22 million)…
The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for currency affairs said. “CBI advocates the policy of managing foreign…
The Ministry of Industries has conditioned the granting of permission for export of minerals to exporting companies’ commitments to repatriate overseas earnings.
