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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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,... -
July 26,2021More than 4.02 million tons of goods worth 374 trillion rials ($1.5 billion) were traded at the Iran Mercantile Exchange in the last calendar month to July 21.
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July 26,2021After a weeklong Covid closure, the stock market in Tehran opened higher on Monday amid rising demand for large caps and inflow of fresh liquidity by retail investors. The main index of Tehran...
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July 25,2021The number of bank cards in use is 268 million, which means that there are 3.3 cards per person, an official at the Central Bank of Iran said. As per available data Iran’s population is over 83...
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July 25,2021A board member of the Tehran Chamber of Commerce, Industries and Mines has urged the government to make an informed evaluation of the views and recommendations of professionals and experts and come...
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July 25,2021Tehran stocks posted the best monthly trade in ten months in the calendar month ending July 21 as share market picks up slowly and retail investors return. The main index of Tehran Stock Exchange...
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July 25,2021The financing capacity of Iran’s capital market abated in the first quarter (March 21-June 21) of the current fiscal year while that of banks increased. Funds made available by the capital market...
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July 19,2021After pausing a session earlier, Tehran share market closed Monday’s session higher as demand increased for a broad range of small and large caps. The main gauge of Tehran Stock Exchange, TEDPIX,...
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July 19,2021Parliament on Monday passed a law that criminalizes export companies that fail to return their overseas income to the country. The new legislation is an amendment to Combating Goods and Foreign...
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July 19,2021A recent study shows that insurance companies are now more interested in developing and offering innovative insurance services. Bemieh-Dari Novin Magazine, a journal that covers the insurance...
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July 19,2021Data published by the Central Bank of Iran show lenders have performed reasonably better in reducing non-performing loans in the previous fiscal year that ended in March. The ratio of NPLs to...
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July 18,2021Tehran stocks opened on Sunday under renewed sell-side pressure, which partially eased in the later hours amid demand for some large caps. The main index of Tehran Stock Exchange, TEDPIX, shed 8,...
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July 18,2021Three hundred investment funds operate in Iran’s stock market with about 10.2 million investors, an official with the Securities and Exchange Organization said. “These investors have opted for...
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July 18,2021Gold traders will benefit from the new government decision to adjust value added tax on gold trade, head of the Mashhad Gold and Jewelry Union said. “VAT relief could encourage people to buy gold...
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July 18,2021The Securities and Exchange Organization has approved regulations for setting up public joint stock companies whose main function will be project funding.
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July 18,2021A Central Bank of Iran report said the government’s debt to the banking sector increased by 50.8% in the last fiscal year that ended in March. Government debt to the central bank reached 1,152.3...
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July 17,2021Tehran’s share market was choppy at the start of trading week on Saturday as a strong rally in the early hours weakened as trading session drew to a close. Despite mounting sell-side pressure in...
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July 17,2021A proposal by the Central Insurance company of Iran for removing the payout cap on third-party auto insurance loss of expensive cars has been approved by the government and sent to the parliament...
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July 17,2021The Central Bank of Iran in a report said that the monetary base has increased extraordinarily in the past several months largely due to government borrowing from the CBI. The total money in...
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July 17,2021Forty companies in South Korea that exported to Iran were paid part of their outstanding accounts last month.
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July 17,2021Funding in investment funds reached 100 trillion rials ($416 million) in the calendar month ending July 11, said an official with Securities and Exchange Organization. The inflow took the total...
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July 17,2021The Central Bank Iran will continue to implement monetary policy to control the expanding money supply and harness inflation, the CBI governor said. Akbar Komijani said the economy is suffering...
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July 14,2021Forex rates declined on Wednesday in Iran as positive reports about Iran’s access to its overseas frozen assets weakened sentiment in the currency market. The dollar lost more than 1.2% or 3,000...
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July 14,2021Banks and credit institutions paid 4976.9 trillion rials ($20.2 billion) in loans to businesses in during the first three months of the current fiscal year that started on March 21. The lending...
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July 14,2021The government has bought a total of 3.55 million tons of wheat worth 180 quadrillion rials ($721.87 million) from local farmers across the country so far this crop year, which shows a 30% decline...
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