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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August 06,2021Central Bank of Iran data shows despite decline in growth of sight deposits, depositors are keen about keeping their money in banks so long as term interest rates on deposits and sight deposits are... -
August 04,2021After a slight increase in the last quarter, Iran’s foreign debt declined 4.35% to $8.74 billion in the quarter ending June 21. According to data released by the Central Bank of Iran, the foreign...
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August 04,2021A strong stock market rally pushed up the benchmark of Tehran Stock Exchange, TEDPIX, to the 1.4 million level at the end of trading week on Wednesday. Boosted mainly be blue chips and large caps...
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August 04,2021The Economy Ministry’s attempt to sell debt has flopped in the past several months and now the Central Bank of Iran says the government bonds are not attractive enough for investors. To plug its...
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August 03,2021The chief executive of Amin Re, a privatized reinsurance company, said increasing the number of low-capital reinsurance firms is unlikely to lift the industry, calling on those in charge to help...
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August 03,2021Tehran’s stock market rallied on Tuesday driven by demand for shares of giant companies amid sell-off in most small caps. The market cap-weighted benchmark of Tehran Stock Exchange, TEDPIX, gained...
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August 03,2021The Central Bank of Iran says broad money supply and the monetary base increased sharply in the first quarter (March 21-June 21) of this fiscal year largely due to the omnipresent deficits and the...
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August 03,2021An official with the Securities and Exchange Organization says the share market is set for higher numbers of IPOs in the coming weeks. Majid Nowrouzi, the SEO’s deputy chief for listed companies...
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August 02,2021Iran’s exports to Iraq in the first four months of the current fiscal year (March 21-July 22) stood at $2.8 billion, Hamid Hosseini, member of Iran-Iraq Chamber of Commerce’s board of directors,...
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August 02,2021After an upbeat performance in the past two sessions, Tehran’s share market closed Monday trade in negative territory. The main index of Tehran Stock Exchange, TEDPIX, lost 2,277 points or 0.17%...
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August 02,2021Cryptocurrency regulations approved by the Tehran government in 2019 do not prohibit the swapping of cryptocurrencies, the Vice Presidency for Legal Affairs said in response to an inquiry by the...
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August 02,2021Financial reports of companies listed in the stock market show most performed better in the last fiscal year (March 2020-21) compared to the year before. Of the total 47 sectors, companies in 4...
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August 02,2021The Central Bank of Iran in a statement strongly condemned a Bahraini court’s ruling against Iranian banks, asking the kingdom’s judicial authorities to stop legal action in the case. The High...
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August 01,2021The rising trend in Tehran’s foreign exchange market bucked on Sunday along with gold prices. After briefly touching 260,000 rials a session earlier, the dollar retreated Sunday dropping more than...
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August 01,2021Building on last week’s gains, foreign exchange rates rallied in Tehran at the start of the business week on Saturday pushing up prices in the domestic bullion market. The dollar briefly touched...
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August 01,2021The Central Insurance company of Iran, the regulatory body of the industry, expects growth in insurance companies' premium income in the current fiscal year (ends March 2022), despite the hurdles...
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August 01,2021The Central Bank of Iran on Sunday increased the credit card limit by four times allowing banks to offer up to 2 billion rials ($8,000) in credit. The measure is in line with CBI efforts to...
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August 01,2021Tehran stocks eked out modest gains on Sunday after a strong rally a session earlier as sell-side pressure mounted on shares in the final moments of trade. The main index of Tehran Stock Exchange...
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August 01,2021The managing director of Securities and Exchange Organization has asked regulatory bodies of banking and insurance sectors to submit to the SEO the names of people with potential access to insider...
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August 01,2021After lukewarm performance last week, Tehran shares opened trading week Saturday on a strong note spurred by the rally in the currency market. The benchmark of Tehran Stock Exchange, TEDPIX,...
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August 01,2021The Majlis is insisting on opening the Iran Mercantile Exchange to car sales, a spokesman for the parliament’s Industries and Mines Commission said. Hojjatollah Firouzi said offering autos in the...
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July 31,2021A total of 5,071 homes were sold in Tehran during the fourth month of the current fiscal year (June 22-July 22), registering a decrease of 0.6% and 63.9% compared with the preceding month and the...
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July 27,2021In wake of the rising trend that started last week, the US dollar crossed above the critical 250,000 rials on Tuesday in Tehran’s open market. The greenback was quoted at 251,200 rials, 0.6% or 1,...
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July 27,2021Head of the Securities and Exchange Organization says the regulator is steadfast in wanting to expand the daily price spread in the share market. “I have always believed that the price spread must...
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July 27,2021An early hour rally in the Tehran stock market gave way to a sell-off on Tuesday, which swept through 366 ticker symbols or 80% of the market. TEDPIX, the main gauge of Tehran Stock Exchange, had...
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