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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September 28,2021Shares closed on Tuesday subtly above the flatline amid steep decline in trade amid investors’ preference to wait and see. The main index of Tehran Stock Exchange, the market cap-weighted TEDPIX,... -
September 28,2021Islamic sukuk issued by private companies posted substantial growth in the first half of the current fiscal year (March 21-Sep.22). Value of the corporate bonds reached 67 trillion rials ($250...
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September 28,2021After financial statements of Bank Melli Iran became public last week, the chief executive, Mohammad Reza Hosseinzadeh, responded to criticism and defended the performance of the lender. In a...
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September 28,2021Law Enforcement Forces (LEF) said it has blocked 30,000 bank accounts and SIM cards suspected of fraud and illegal activities. "Bank accounts and SIM cards are instruments used by [suspected]...
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September 25,2021The Governor of Central Bank of Iran Akbar Komijani conferred with Udaya Prabath Gammanpila, the visiting Sri Lankan energy minister on Saturday. Recalling the longstanding commercial relations...
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September 25,2021Bad checks worth 299 trillion rials ($1.1 billion) bounced in the month to August 22, indicating a 30.8% rise over the preceding month. According to Central Bank of Iran data, the number of bad...
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September 25,2021Tehran’s share market eked out robust gains at the start of trading week on Saturday, partially recovering losses from last week. Buoyed by intense demand for large cap stocks, the market cap-...
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September 25,2021Trade at the Iran Mercantile Exchange picked up in the last calendar month ending Sep.22 thanks to large scale cement offers. Goods weighing 8.06 million tons were traded in the spot market up...
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September 24,2021A recent comparative study of insurance companies shows firms affiliated to bank-affiliated companies had a better peformance A recent comparative study of insurance companies showe that companies...
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September 24,2021Tehran stocks posted heavy losses in four out of five trading sessions last week, logging the worst weekly performance since November 2020. The main gauge of Tehran Stock Exchange, TEDPIX, shed a...
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September 24,2021The capital market lost its capacity to finance the economy by about a half in the first five months of current fiscal year (March 21-August 22). Total funding available via capital market was...
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September 22,2021After a strong performance last week, bonds issued by the government to fund the budget were well-received by investors this week. The government generated 108.9 trillion rials ($403 million)...
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September 22,2021Share prices closed lower at the end of trading week on Wednesday after most shares moved back and forth in volatile trade. The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,769.16 points or...
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September 22,2021The Central Bank of Iran is working on several measures aimed at combating online betting and gambling websites. "We have been monitoring online casinos to detect and block the common payment...
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September 22,2021Bank Melli Iran, the major state-owned lender, reduced the number of branches by 6% in fiscal 2020-21.
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September 22,2021Governor of Central Bank of Iran, Akbar Komijani, has instructed relevant officials to reconsider new rules set for transferring money via bank cards. The move came after concerns that the new...
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September 21,2021The Central Bank of Iran has imposed new limits on money transfer via bank cards in a renewed bid to control and curb suspicious transactions. In a bylaw to banks, the CBI has required them to...
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September 21,2021The Securities and Exchange Organization has designed a new trading platform to help accelerate share trade. According to Rouholla Dehqan, managing director of Tehran Securities Exchange...
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September 21,2021Justin Trudeau believed his adept response to the pandemic would help him handily win reelection as prime minister, and he did Monday, but his gamble to try to gain an absolute majority didn't pay...
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September 21,2021The Central Insurance company of Iran has assured agents and brokers that it will revise the newly-announced commission framework, they deem controversial, in a way that would benefit sales....
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September 21,2021After a short-lived rally Tehran stocks on Tuesday resumed a declining trend that has been in place for ten days amid a fresh wave of panic selling. The main index of Tehran Stock Exchange, TEDPIX...
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September 20,2021Relevant authorities are still working on plans to combat online betting and gambling services. In an interview with EcoIran web TV, Financial Tribune's sister media outlet, Mojtaba Tavangar, head...
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September 20,2021Sell-side pressure eased on Monday and the Tehran stock market recovered partially from heavy losses of the past three sessions. The benchmark of Tehran Stock Exchange, TEDPIX, closed 0.51%...
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September 20,2021Iran’s Trade Promotion Organization has instructed banks to lend 40 trillion rials ($148 million) in working capital loans to exporters. The lending is part of an incentive package designed to...
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September 20,2021With the performance of some big state-run banks becoming public, the government has been blamed for pushing them on the verge of insolvency. Now a group of lawmakers has called on the government...
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