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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April 09,2023Central bank governor, Mohammad Reza Farzin, has strongly defended the bank's new move selling the US dollar at 285,000 rials for importing essential goods, saying that it seeks to restore some... -
April 09,2023Iran Fara Bourse, the over-the-counter exchange, said it has plans to create two new markets this year, including one for knowledge-based enterprises. Mohammad Ali Shirazi, the CEO, said that the...
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April 08,2023Tehran Stock Exchange's main index, TEDPIX was up 64,921.20 points or 3.04% on Saturday ending at 2,202,385.49. The TSE equal-weighted index gained 3.91%. About 23.55 billion shares worth 163.27...
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April 08,2023Iran's insurance market logged noteworthy growth in the first 11 months of calendar year (ended Feb 19), with the total insurance premiums reaching 1,546 trillion ($3.09 billion). The y/y growth...
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April 08,2023The Central Bank of Iran has a comprehensive plan to combat inflation and boost production with the help of other executive bodies, the bank's governor said. "Inflation is highly expected to be...
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April 08,2023The Central Bank of Iran is planning to hold an event in Tehran to discuss international monetary relations and de-dollarization, the CBI deputy for international affairs, Mohsen Karimi, said. "...
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April 08,2023Interbank rates continued to climb last week reaching the highest level in seven years. According to EcoIran Web TV, rates were up 0.1% during the week to April 5 to reach 23.46%. Interbank rates...
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April 08,2023Lawmakers have voiced support for the Central Bank of Iran following the latter’s move to implement new restrictions on the allocation of cheaper foreign currency. The CBI last week implemented...
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April 06,2023Iran Mercantile Exchange made history in the last fiscal (ended March 20). Per data seen on the IME website, the deals exceeded 10,480 trillion rials ($20.54 billion) -- up 58% on the year before...
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April 06,2023Tehran Stock Exchange's main index, TEDPIX, gained 18,359.93 points or 0.87% on Wednesday to end at 2,137,464.90. The TSE equal-weighted index jumped 2.09%. About 20.24 billion shares worth 128.61...
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April 06,2023An estimated 4.23 billion retail transactions were logged by the domestic electronic payment network Shaparak in the 12th month of the calendar year to March 20. Business via the major company was...
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April 04,2023The Iranian Center for Exchange (ICE), a recently-established market under the auspices of the Central Bank of Iran, started offering gold coins on Tuesday. According to a press release seen on...
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April 05,2023Tehran Stock Exchange's main index, reached its highest level on Tuesday. TEDPIX, gained 29,154.82 points or 1.40% on Tuesday to end at 2,119,105.89. Shares faced high demand since trading began...
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April 05,2023The overall value of checks rejected in the month to February 19 shot up 30.08% compared to the earlier month to reach 470 trillion rials ($1.04 billion). By the end of the month the number of...
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April 03,2023The Central Bank of Iran said moneychangers and banks can henceforth sell currency only up to €2,000 to each Iranian in one year, lowering the cap from €5,000. Last month the CBI said selected...
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April 03,2023The government sold 448.7 trillion rials ($879.8 million) bonds in the 43rd weekly auction -- the highest in the last fiscal year that ended on March 20. Bond auctions are held by the Central...
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April 03,2023Tehran Stock Exchange's main index, TEDPIX, gained 11,239.59 points or 0.54% on Monday to end at 2,089,951.31 and the TSE equal-weighted index climbed 1.32%. About 18.84 billion shares worth 128.7...
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April 02,2023The International Court of Justice (ICJ) has ordered the United States to pay compensation to Iranian companies after ruling that Washington had illegally allowed courts to freeze their assets....
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April 02,2023Russia and Iran continue to work on the integration of Russia's Mir payment system with Iran's Shetab through specialized agencies, the director of the Economic Cooperation Department of the...
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April 02,2023Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20. ...
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March 16,2023Iran’s Energy Ministry has required owners of cryptomining hardware to register data related to themselves as well as the location of their devices in the Comprehensive Trade System of the Ministry...
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March 16,2023The Central Insurance of Iran, the regulatory body of the sector, has signed an agreement with the Iran National Innovation Fund and the Iran Biotech Development Council to launch a fund for...
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March 16,2023Tehran Stock Exchange's main index, TEDPIX, gained 38,000.81 points or 2.13% on Wednesday to end at 1,820,990.03. The TSE equal-weighted index gained 2.43%. About 20.31 billion shares worth 147....
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March 14,2023Tehran Stock Exchange's main index, TEDPIX, gained 1,355.82 points or 0.08% on Tuesday to end at 1,782,987.67. The TSE equal-weighted index gained 0.36%. About 14.13 billion shares worth 120.13...
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March 14,2023The head of Iran Consulting and Credit Rating Company says a new credit rating system will be unveiled in the next few months. "The new system assigns a score to each Iranian individual, which...
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