The National Iranian Oil Products Distribution Company will offer 26,000 tons of gasoline on the Iran Energy Exchange on Tuesday. It is the first offer of the kind through the energy…
Business And Markets
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.
Tehran stocks hovered around the flatline for most of Sunday’s session amid visible cautionary behavior of investors. The main gauge of Tehran Stock Exchange TEDPIX gained 151.87 points, or 0.…
The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi, CEO of Informatics Services Corporation, noting that regulated forex…
Except for brief volatility in the first weeks of the new fiscal year (started March 2019), the currency market has seen relatively stability throughout the year. The Central Bank of Iran…
The main index of Tehran Stock Exchange TEDPIX gained 625.55 points, or 0.21%, on Saturday to end trading at 305,622.48. Investors traded an estimated 2.6 billion shares valued at 12.55…
Investors in the Iran’s capital market helped businesses raise 853 trillion rials ($7.1 billion) since the beginning of the current fiscal year (March 2019), says Ali Sahraee, the managing…
More than 22,630.7 trillion rials ($191 billion) in deposits were held by banks and credit institutions during the month to August 22, according to a Central Bank of Iran report. Total…
Total market capitalization of Tehran Stock Exchange reached 11,200 trillion rials ($95 billion) by the end of seventh fiscal month to October 22, the highest since the beginning of fiscal 2016-…
Financial securities topped the stock market sectors in terms of trade value in the month to October 22, according to a report by the Central Securities Depositary of Iran.
Banks have to keep abreast of innovative technologies mainly when it comes to payment instruments to be able to maintain their fair share of the payment market, says the managing director of…
Since the beginning of the current fiscal year (March 20), more than €10.6 billion earned from exporting non-oil goods has been sold through the Central Bank of Iran's secondary forex market,…
Tehran stock market closed trading week slightly higher on Wednesday amid rising volume of deals in the equities of small and mediums sized companies. The benchmark of Tehran Stock…
A report by the Tehran Chamber of Commerce, Industries, Mines and Agriculture Economic Review Department shows the expanding role of the capital market in financing businesses.
The nationwide payment settlement network, Shaparak, announced Wednesday that it continues blocking Iranian Point of Sale devices operating abroad. Extending a series of efforts…
Iran Chamber of Cooperatives has measured for the first time the purchasing managers’ index (PMI) for the housing sector in Iran, under the Farsi acronym “Shamekh”, for the month ending Oct. 22…
Senior officials from banking, insurance and stock market sectors are meeting at the sixth International Exhibition of Exchange, Banking, Insurance and Privatization. Along with the 11th…
The Central Bank of Iran, as part of a plan called "Productive Working Capital" has assigned a number of banks to lend 1,000 trillion rials ($8.3 billion) to productive businesses in the…
The US dollar declined by 1.45% on Tuesday in Tehran ands was worth 119,990 rials. On Saturday the greenback had climbed above the psychological level of 120,000 rials in Tehran’s open market,…
Stocks rallied in Tehran on Tuesday as investors tried to buy shares at depressed prices following a week of sluggish performance. The main index of Tehran Stock Exchange TEDPIX gained 1,…
The government recently announced a plan to construct homes for the newlyweds and people with reasonable income or pensioners who do not own a home and cannot afford to buy one without state…
The Oil Ministry has announced new guidelines for selling crude oil via the Iran Energy Exchange. Procedures that determine base prices have been amended. Announced by Oil Minister Bijan…
While many leading economies are increasingly moving away from using cash in their transactions, many businesses in Iran insist on cash for a variety of reasons, despite reasonable levels of e-…
After a flat performance a day earlier, the stock market in Tehran took a drubbing Sunday as the sell-off impulse hit stocks of a wide range of companies.
The government will unveil a plan this week for the divestiture of state-owned companies in the stock market, the economy minister said. Speaking on a state radio program, Farhad…
The Statistical Center of Iran has published its latest report on home and land prices in addition to rents, which indicates an overall increase across Tehran during the second quarter of the…
