Business And Markets

After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined to continue…

Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial. 

Data released by the World Federation of Exchanges place Tehran Stock Exchange at the top of the best-performing stock markets in terms of trading value among WFE members. The data covers…

Head of the Security and Exchange Organization, the sole regulator of the capital market, said 13% of the Iranian population (10.5 million trading codes) is active in the capital market. …

Iran and Iraq signed an agreement Tuesday to establish a monetary channel for facilitating payments between the two countries.  The agreement was signed by the governors of the Central…

In the wake of a single urgency bill approved this week by the Majlis to tax the income of the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation…

Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion.    

As part of its plans to reform the limping banking sector, the government has launched a program to sell excess property of state banks. 

Large transactions are channeled through checks and Real-Time Gross Settlement System locally known by its Persian acronym Satna, director of the Payment Systems Department of the Central Bank…

Manfa’at Sukuk worth 10 trillion rials ($86 million) were sold Monday in Iran Fara Bourse (junior stock market for securities and other financial instruments in Tehran) to help finance oil…

Europe unveiled its long-awaited mechanism for facilitating trade with Iran by circumventing US global financial dominance on Thursday and the move received a mixed response in Tehran’s…

The fourth offering of crude oil at Iran Energy Exchange ended with no deals on Monday, marking the second session of no trade after Iran offered oil on its stock market in October. 

Iran attracted $5.02 billion in direct foreign finance in the previous fiscal (March 2017-18), the Plan and Budget Organization said in a report.  According to a report released by the PBO…

The Swiss government is moving ahead with plans to unveil a humanitarian payment channel for Iran through complex negotiations with different parties in Iran, the US and Switzerland. 

Tehran Stock Exchange main index TEDPEX slid 2,500.04 or 1.56% on Sunday to finish the session at 157,355.4.  The junior exchange Iran Fara Bourse was down 31.04 points or 1.6%. This is…

The Central Bank of Iran unveiled its draft policy on cryptocurrencies and invited experts and industry players to send their suggestions.  At the vanguard of the cryptocurrency…

Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran.…

Winners of the Nourbakhsh Banking Innovation Awards were announced during the closing ceremony of the Sixth Conference on E-Banking and Payment Systems in Tehran on Tuesday.

Mohsen…

In the trading week to January 30, the main index of Iran Fara Bourse (an over-the counter market for securities and other financial instrument in Tehran) IFX, registered 76% return on…

Officials in Tehran welcomed the creation of a channel with Iran called INSTEX by Europe, to help continue trade and circumvent unilateral US sanctions re-imposed after Washington withdrew from…

A domestic gold-backed digital currency created on blockchain platform was unveiled by Kuknos Company in a ceremony attended by CEOs of banks and judiciary officials. 

The stock market was weak today, and although the market's main gauge TEDPIX remained positive for the second day in a row sectors that have been strong of late weren't and the fervor for bank…

The long-awaited Swiss payment channel for processing food and medicine trade with Iran has been given the finishing touches to become operational, a member of board of representatives of Tehran…

The general price index of construction materials for residential units in Tehran jumped 52.8% during the third quarter of the current fiscal year that ended on Dec. 21 (autumn) compared with…

The Central Bank of Iran unveiled a draft of its cryptocurrency policy late on Monday, calling on experts and stakeholders in the area of virtual currencies to comment and send their views on…