Business And Markets

Iranian stocks fell again on Tuesday as concerns about the rout in global markets and weak oil prices heightened investor fears on a day that President Hassan Rouhani submitted next year's…

After two successful offerings of crude oil on Iran Energy Exchange (IRENEX), officials have now rejiged the trading terms based on the needs of stakeholders.  According to Ali Hosseini,…

With stocks delivering good winter runs after heavy losses in late autumn, retail investors are being lured back into the market days after Tehran's main bourse was about to sound the alarm.

In the first nine months of current fiscal to Dec.21, almost 1.4 trillion rials ($175 million) in guarantees was issued or extended by the SMEs Investment Guarantee Fund.

As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the…

A new decision approved by the Money and Credit Council obliges banks and credit institutions to pay interest on deposits on a monthly basis, calculating the minimum balance in a month as the…

Tehran stocks closed positive on Sunday, ending the bearish spell, as institutions continued to take positions to support shares and investors found new encouragement to buy stocks they reckoned…

The Statistical Center of Iran has published its latest report on the state of home and land prices, in addition to rents, suggesting that all have increased significantly across urban areas in…

Steel prices have witnessed a 30% decline compared with last month, the deputy head of Iranian Steel Producers Association said. Bahador Ahramian added that the decline has steepened in the…

The Supreme Council of Economic Coordination – a special body comprising heads of the three branches government – has agreed to the total settlement in rials of payments for crude oil sales on…

Tehran Stock Exchange closed the first nine months of the current fiscal to December 19 with a return of 62% on investment, which makes it one of the top-performing economic sectors. 

Tehran Stock market on Saturday capped a tumultuous three months with another substantial drop.

The governor of the Central Bank of Iran says important developments in banking and trade will take place following talks between the presidents of Iran and Turkey.  According to CBI's…

The special trade mechanism set up by India's UCO Bank for processing oil import payments from Iran became operational on Friday, an official at the Foreign Ministry in Tehran said. 

According to the National Development Fund of Iran data, the sovereign wealth fund gave 27 trillion rials ($267 million) to agent banks for loans in the first quarter of current fiscal to June.…

India will deposit payments for crude oil imported from Iran into escrow accounts of five of its banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to…

Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months  of current fiscal year, registering 27.8% growth year-on- year and 16.1%…

The Statistical Center of Iran announced that the number of building permits issued during the first quarter of the current fiscal year that ended on June 21 increased compared with the same…

Iran's main stock market closed at a three-month low Wednesday amid a bearish global market and weak oil prices.

A report by the Central Bank of Iran shows that out of a total of 51 trillion rials ($504.9 million) worth of participatory bonds, 39.8 trillion rials ($394 million) were bought by investors in…

Refineries led the slide in Tehran stocks Tuesday as an early rally faded, giving the benchmark TEDPIX index its fourth straight loss.

Trade in cryptocurrency and bitcoin is legally prohibited and no permission, either from Central Bank of Iran or other regulatory bodies, has been granted to websites that provide  crypto…

As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million rial ($335),…

Establishing a supervisory body within the Central Bank of Iran is a significant aspect of the new banking reform bill, says the head of the Majlis Economic Commission.  Mohammad Reza Pour…

Central bank data show that total liquidity was 16.93 quadrillion rials ($166.06 billion) on October 22 -- 20.7% higher compared to the same month last year. It also reported a 10.7% rise…