Stocks rebounded Tuesday, clawing back some of the week's steep losses, but the turbulent trading of the last few days has made it almost certain that the boom markets seen in summer and…
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.
The Eight Conference on Electronic Banking and Payment Systems opened at Tehran’s iconic Milad Tower on Tuesday. The two-day event, organized by the Monetary and Banking Research…
In a report to the decision-making Money and Credit Council, the Central Bank of Iran outlined the effects of subsidized foreign exchange on the price of essential goods and food.
The Iranian National Oil Company announced in a notice on Monday that the fourth round of crude oil sale will be launched on Iran Energy Exchange on February 4.
Equity indices extended decline in the third session on Monday, tracking weakness in commodity stocks and uncertainty regarding the future of export-based companies. Heavy selling was witnessed…
Lawmakers on Monday put on hold a decision to tax the foreign exchange revenues of the Central Bank of Iran after the CBI governor asked them to rethink the move.
The Majlis Research Center has called on the government and monetary regulators to boost the capital buffers of banks to help them cope with recession that observers predict will afflict the…
A decision by the Money and Credit Council – a policymaking body - to scrap overnight interest payments has yet to display its full force but the development has become a topic of hot debate…
According to a report released by the Tehran Chamber of Commerce, Industries, Mines, and Agriculture, in the previous fiscal (March 2017-18), contribution of the capital market to the supply of…
Iran's plans to join the UN Convention on Transnational Crime suffered a setback in the Expediency Council Saturday as members of the arbiter body could not settle their differences and reach a…
Home prices in Tehran continue to increase while the number of property deals decline, the latest report released by the Central Bank of Iran announced after reviewing housing data in the 10th…
After the third round of crude offer on Iran Energy Exchange ended without any trade last week, a National Iranian Oil Company official announced that the fourth phase would be launched in two…
The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass US sanctions on Iran, with three European diplomats saying the…
Members of the Majlis Joint Commission annulled an earlier ruling that very recently allowed import of machinery, raw materials, seeds and fertilizers without obliging importers to follow the…
The Central Bank of Iran is working on the legal framework to launch the promised regulated foreign exchange market in two weeks, the CBI governor said. In a primetime interview with…
Gold prices are rallying again in Iran’s market, buckling the bearish trend in global markets. The benchmark Bahar Azadi gold coin in Tehran crossed 41 million rials ($357) on Wednesday which…
Home sales in Tehran decreased by 59.3% and 1.2% during the 10th Iranian month (Dec. 22, 2018-Jan. 20) compared with the same period of last year and the preceding month, respectively. This was…
The government will issue 20 trillion rials ($172.4 million) in treasury bills to settle its debt to cooperatives and private companies. According to the 2019-20 budget bill, the amount pertains…
Spokesman of the Majlis Joint Commission said Tuesday that the government has been allowed to issue Islamic bonds up to 290 trillion rials ($2.5 billion) in rials and foreign exchange for the…
A survey of businesses conducted by Tehran Chamber of Commerce, Industries Mines and Agriculture sought the opinion of businesses, in particular about the main challenges they face. …
Tehran Stock Exchange's main gauge fell sharply on Monday as a selloff in auto and bank shares spread across the board. The decline caused a broad rout in refinery and petrochemical stocks.…
In light of the new round of US sanctions, there is speculation that authorities in Tehran may seek to circumvent the hostile economic restrictions with the help of blockchain and other…
Governor of the Central Bank of Iran said at the weekend Japan has resumed importing Iranian oil after China, South Korea, India and Turkey. Abolnaser Hemmati used Instagram to assure the…
The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits increased across all Iranian cities during the second quarter…
The Housing Savings Account scheme, the mortgage loan program of the government-owned Bank Maskan, once acted as a stimulus for the housing sector, but not anymore.