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.
July 21, 2023 18:51
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June 15,2021ICT Minister Muhammad Javad Azari Jahromi has proposed transforming Iran’s Kish Island in the Persian Gulf into a hub for domestic and international cryptocurrency exchanges. This is while policy... -
June 15,2021Banks and credit institutions paid marriage loans worth 98.27 trillion rials ($427 million) since the beginning of current fiscal year in March up until June 8.
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June 15,2021Private enterprise has voiced concern that a possible budget deficit may impact businesses, livelihoods and the economy at large.
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June 15,2021Tehran stocks opened in upbeat mode on Tuesday but shed gains during the session to close trade at the flatline. In the early hours of trade, the main index of Tehran Stock Exchange, TEDPIX,...
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June 14,2021Iran’s Trade Promotion Organization has launched on online platform to enable exporters to enquire about their forex repatriation commitments. “This would enable them to check how much [money]...
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June 14,2021Tehran Stock Exchange closed on Sunday shedding 2,000 points in early trade before bouncing back later in the day. The TSE's main index TEDPIX closed 3,665.0 points lower, losing 0.32% to end...
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June 14,2021The Securities and Exchange Organization, invested 18.4 trillion rials ($79.8 million) in the Capital Market Stabilization Fund (CMSF) in the second half of previous fiscal year (Sept 2020-March...
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June 14,2021Banks injected more than 18,989.2 trillion rials ($82.5 billion) into the economy in the last calendar year (ended March 20). The amount was up 9,239.3 trillion rials ($40b) or 94.8% compared to...
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June 14,2021As part of the government's plan to support businesses battered by the Covid-19 pandemic, banks and credit institutions have been told to be flexible regarding delays in the repayment of loans.
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June 14,2021Bonds issued by municipalities across the country declined 45% in the last calendar year that ended in March compared to the year before. Big municipalities issued bonds worth 55.4 trillion rials...
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June 14,2021The Capital Investment Management Group, the financial holding of the Civil Servants Pension Organization (CSPO), is to make stock market debut on Wednesday.
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June 14,2021After declining three consecutive sessions, the main index of Tehran Stock Exchange, TEDPIX, closed in positive territory on Monday. Demand for large caps pushed up the benchmark by 8,989 points...
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June 14,2021Data on the performance of Shaparak Network, Iran's domestic payment network, shows Bank Mellat, Bank Melli Iran, Bank Saderat Iran and Bank Sepah together accounted for nearly half the e-payment...
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June 12,2021The Central Bank of Iran said 200 million yuan ($31.25 million) in blocked forex in South Korea has been used for importing vaccines.
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June 12,2021After slight gains last week, the Tehran stock market opened trading week Saturday under sell-side pressure to close in negative territory for two sessions in a row. The main index of Tehran...
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June 12,2021The Central Bank of Iran has called on banks and credit institutions to prioritize lending to small and medium-sized enterprises. Top priority should be given to SMEs introduced by special...
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June 11,2021Innovators and experts have again criticized insurance companies for their aversion to technological developments. Speaking at a conference in Tehran, Hamed Valipour, the founder of Bimito...
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June 11,2021The government again failed to attract buyers for its bonds on Wednesday setting a worrisome pattern that has continued for weeks. The CBI said almost all the past enthusiasts stayed away, namely...
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June 11,2021The Economy Minister Farhad Dejpasand has joined the increasing number of economists and bankers censuring the banking bill being debated in the Majlis. He was speaking at a meeting to examine...
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June 11,2021The ratio of non-performing loans to total loans by Iranian banks was 8.5% by end of the third quarter of the last fiscal year (Dec. 2020). It was a slight improvement compared to the 8.7%...
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June 09,2021Iranian banking system held a total of 75,569.1 trillion rials ($328billion) in assets by the end of the previous fiscal year on March 20, up 39.4% on a year-on-year basis. Foreign assets owned by...
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June 09,2021Tehran Stock Exchange closed trading session on Wednesday lower bucking a rising trend that continued for three consecutive sessions. TEDPIX, the TSE’s benchmark, lost 8,823.38 points or 0.76%...
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June 09,2021Iran’s external debt increased slightly to $9.14 billion by the end of the previous fiscal year on March 20, the Central Bank of Iran reported. The country’s foreign debt is 1.2% or $111 million...
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June 09,2021.The move to shut illegal cryptomining farms has gained pace in recent weeks following the President Hassan Rouhani's order on banning cryptomining by the end of summer to alleviate pressure on the...
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June 08,2021Broad money supply reached 34,761.7 trillion ($151 billion) at the end of the previous fiscal year on March 20, indicating 40.6% growth compared with a year earlier. Money supply increased 10,040...
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