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 24,2020The CBI governor says the bank has kept the growth of money supply in check which is a harbinger of decline in inflation rate. Abdolnasser Hemmati told state TV that the monetary base growth has... -
August 24,2020Following digitizing plans for the insurance industry, the Central Insurance company of Iran Monday unveiled new supervisory platforms for the transport and fire insurance categories. The CII...
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August 24,2020The Trade Promotion Organization announced a timeframe based on which commercial ID cards of exporters who have failed to return their foreign currency earnings will be suspended. Exporters have...
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August 23,2020Tehran stocks fell deeper on Sunday extending a losing streak that has dominated the market for more than two weeks. The benchmark of Tehran Stock Exchange, TEDPIX, shed 65,023 points to plunge...
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August 23,2020South Korea is seeking to sell medicine and medical equipment in lieu of its arrears to Iran blocked in the south eastern country’s banks, head of Iran-South Korea Joint Chamber of Commerce said...
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August 23,2020The governor of the Central Bank of Iran said exporters transferred home $2.5 billion before the July deadline set by the regulator. The CBI had earlier announced that non-oil exporters should...
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August 23,2020Iran’s Fintech Association has proposed a new fee system for online payment in which payment aggregators and payment service providers cover the network fees, which are currently paid by banks.
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August 22,2020Tehran’s share market opened trading week on Saturday in negative territory amid stress among investors about what lies ahead. The benchmark of Tehran Stock Exchange, TEDPIX, shed close to 30,000...
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August 22,2020Subscription for units of an exchange-traded fund that holds government stakes in four refineries will commence on Wednesday, head of the Iranian Privation Organization said. “IPO has received...
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August 22,2020Tehran’s currency market was calm on the first day of the week as foreign currency rates decreased but bank-affiliated moneychangers were unmoved.
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August 22,2020Gold buyers should henceforth present national ID cards to able to purchase jewelry from shops, head of the Tehran Gold and Jewelry Union said. Ebrahim Mohammadvali said the measure is in line...
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August 21,2020Oil products costing $108 million were traded in the international ring of the Iran Energy Exchange in one month to August 15. Heavy naphtha was the main item with a total of value of $36 million...
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August 21,2020The Power Generation, Distribution and Transmission Company (Tavanir) has identified and shut 1,100 unlicensed crypto mining farms with the help of whistleblowers.
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August 21,2020Iran Insurance Company has given 15 trillion rials ($65 million) in credit to policyholders who could not afford to pay their premiums due to the problems created by Covid-19. "The credit was...
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August 21,2020The plan to presale housing units through standard salaf contract will be implemented next month at the Iran Mercantile Exchange, the IME deputy for economic studies said. “IME plans to offer...
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August 21,2020The Tehran Stock Exchange decided Thursday to restore the previous trading hours apparently after reports that the temporary changes in trading hours had a negative impact.
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August 19,2020The parliament on Wednesday approved laws based on which companies that recapitalize using share premiums will be eligible for tax breaks. As per the new legislation, listed companies will get...
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August 19,2020With a feeling of uncertainty and nervousness cast over the future of stocks and disappointment with government pledges to buttress the market, Tehran shares fell again on Wednesday. The main...
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August 19,2020The government needs to issue 1,240 trillion rials ($5.4 billion) in bonds, which is over and above the amount projected in the March 2020-21 budget, head of the Debt Management Department of the...
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August 18,2020Governor of the Central Bank of Iran says lenders should use a fraction of their financial reserves to buy bonds issued by the government. “Banks and credit institutions are obliged to show...
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August 18,2020Export companies have refused to return $27 billion in overseas earnings in the past two years and the government is struggling to bring the money back by resorting to a mix of pliability and...
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August 18,2020The share market opened trading on Tuesday on a strong note in the first session only to lose ground later as sell-side pressure mounted for many large-cap shares in the second round. The...
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August 17,2020Tehran’s share market showed some sign of recovery on Monday after a relatively deep correction phase that wiped off almost 13% of the value of stocks in five consecutive sessions of bear market...
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August 17,2020The US dollar gained 3% against the national currency in Tehran’s free market and was sold for 230,000 rials on Monday after vacillating between 220,000-224,000 rials for two weeks. The greenback...
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August 17,2020To promote real estate trade and ease the listing of properties, the Iran Mercantile Exchange said it will not charge a fee for listing real estate. The fee was equivalent to a thousandth of the...
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