The Central Insurance Company of Iran released data about the solvency of 29 insurance companies for the current fiscal (ends in March 2019), according to which 20 firms have solvency level 1,…
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.
A new shipping line between Iran’s Jask Port and Oman’s Al Suwaiq Port has come on stream and will be used to transport wholesale Iranian commodities to Oman using containers, Iran-Oman Chamber…
The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20)…
The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20)…
From the beginning of current fiscal in March, a total of 358,799 billion shares and right issues worth 1.1 quadrillion rials ($9.6 billion) were traded in 21.23 million deals at the Tehran…
The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its Persian name Nima – in late April, €6.8 billion was sold by it for imports.
Head of the Central Insurance company of Iran says domestic insurance firms are providing cover to oil tankers and marine and aviation transportation sectors. Gholam Reza Soleimani said CII…
Head of the Securities and Exchange Organization said the SEO is willing to launch a market for currency futures (also known as FX futures) but noted that the Central Bank of Iran has the final…
Iranian lawmakers passed amendments to a landmark anti-terror finance bill approved in October in order to address objections raised by the constitutional watchdog the Guardian Council. …
Currently, Iran’s steel production capacity stands at 34 million tons per year, according to Deputy Minister of Industries, Mining and Trade, Jafar Sargheini.
Iran aims to become the…
Tehran stocks budged forward on Wednesday with gains in auto stocks offsetting doubts over commodity and petrochemical stocks.
As auto stocks were lifted by hopes over possible price…
With 14 new reinsurance companies emerging around the time the US re-sanctioned Iran, capacity of the reinsurance industry expanded by 9.2 trillion rials ($80 million), enhancing its ability…
Tehran equities were on uneven footing on Tuesday after Tehran Stock Exchange rebound from last week’s global commodity rout slowed. TSE's TEDPIX was 0.36 % lower after swinging between negative…
The Majlis speaker says reforms to the central bank law proposed by the government to overhaul the dysfunctional banking system has been reviewed in the relevant committees and is awaiting a…
Head of the Security and Exchange Organization Shapour Mohammadi said Monday the capital market issued 45 trillion rials ($384 billion) worth of bonds since the beginning of the current fiscal…
Tehran stocks closed higher for a second straight session on Monday, supported by expectation of improved global trade atmosphere in the wake of the China-US trade truce and hike in…
Governor of the Central Bank of Iran has sent a directive to banks and credit institutions asking them to come up with a plan to improve their capital adequacy ratio. Abdolnasser Hemmati…
Average liquidity growth dropped from 26.7% during 1988 to 2012 to 23.7 % between 2014-2018, said the deputy governor of the Central Bank of Iran.
The first round of algorithmic trade competitions in the capital market will soon be held by the Security and Exchange Organization. Yasser Fallah, managing director of the SEO…
Unlike in Tehran, home sales in other Iranian provincial capitals have been up 3% in the eighth month of the current Iranian year, Aban (Oct. 23-Nov. 21), compared with the same month of the…
Tehran stocks jumped higher Sunday and recouped the previous day's losses as global trade prospects appeared to improve putting most major indexes on track for further gains. Stocks have…
Tehran stocks closed lower in trading Saturday to start the week in the red. At the Tehran Stock Exchange both TSE's main index TEDPIX and IFX lost heavily. The TEDPIX and IFX fell…
More than 7.65 million tons of cement and clinker were exported from Iran during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 10.2% increase compared with…
The Central Bank of Iran in a directive on Saturday announced rules and regulations for selling and buying foreign currency of export earnings at authorized exchange bureaus. It…
The Security and Exchange Organization's systemic attempts to elevate its position from "associate" member to "ordinary" member of International Organization of Securities Commissions, has…