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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November 18,2022The government's debt to four private banks jumped 9% in the first half of the current fiscal year that started in late March. Electronic Banking journal reviewed the financial statements of the... -
November 18,2022The government's Digital Economy Management Commission ordered Shaparak Company, the main e-payment network, to suspend new rules obliging payment facilitator applications to display the online...
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November 18,2022Iran Khodro Company (IKCO), the largest domestic automaker wants of sell some of its popular models via the Iran Mercantile Exchange. It will offer 1,000 Peugeot 207s on November 21. The base...
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November 18,2022The Central Bank of Iran says since mid-April it has allocated $3.34 billion for importing medicine. According to a press statement seen on the bank's website, the forex was paid as a part of an...
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November 18,2022The government's weekly bond sale was held on Tuesday as banks and credit institutions again stayed away. Debt worth 10.623 trillion rials ($29.1 million) was sold in the 26th auction held by the...
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November 18,2022Tehran Stock Exchange's main index, TEDPIX, gained 3,149.48 points or 0.22% on Wednesday to end at 1,413,573.66. The TSE equal-weighted index gained 0.42%. About 6.53 billion shares worth 45.74...
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November 15,2022First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019. Henceforth cryptominers should get special permits from...
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November 15,2022Tehran Stock Exchange's main index, TEDPIX, gained 2,285.47 points or 0.16% on Tuesday to end at 1,410,459.71 and the TSE equal-weighted index added 0.25%. About 5.62 billion shares worth 40.23...
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November 15,2022The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market. Forex will be offered at the state-owned Bank Melli, the...
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November 15,2022The Monetary and Banking Research Institute (MBRI) says the output of listed manufacturing companies has increased. In a recent report it reflected on the monthly performance of 280 companies in...
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November 15,2022Tehran Stock Exchange's main index, TEDPIX, lost 10,965.69 points or 0.77% on Monday to end at 1,408,174.25. The TSE equal-weighted index lost 0.75%. About 6.84 billion shares worth 42.8 trillion...
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November 15,2022The Central Bank of Iran says it will revise banking fees starting from the beginning of the calendar year in March. Mehran Mahramian, the CBI's deputy for innovative technologies, in a talk with...
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November 13,2022Medical insurance emerged as the main source of revenue for insurers in the first seven months of the current fiscal year (started late March 2022), out earning the lucrative third-party auto...
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November 14,2022Share prices in Tehran stumbled on Sunday bucking a rising trend that started two weeks ago. Tehran Stock Exchange's main index, TEDPIX, lost 6,956.5 points or 0.49% on Sunday to end at 1,419,140...
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November 13,2022Economy Minister Ehsan Khandouzi says the government will make use of real estate investment trusts (REITs) to reactivate its unproductive assets. "REITs can help make best use of government...
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November 12,2022A new electronic check system was unveiled in Tehran on Saturday. The Deputy for Innovative Technologies at the Central Bank of Iran, Mehran Mahramian, told IRNA that the e-check system involved...
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November 12,2022Tehran Stock Exchange main index, TEDPIX, gained 11,739.16 points or 0.83% on Saturday to end at 1,426,095.96. About 9.29 billion shares worth 58.65 trillion rials ($202.24 million) changed hands...
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November 12,2022The Ministry of Industries, Mining and Trade signed a memorandum of understanding with four banks on Saturday allowing them to issue “Productive Credit Certificates”, known by its Persian acronym...
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November 12,2022Iranian banks held foreign assets worth 24,139.3 trillion rials ($68.8 billion) by the end of the fifth calendar month to August 22, up by 18.9% compared to the same time last year. Central Bank...
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November 12,2022Term deposits increased at a noticeable pace compared to sight deposits indicating savers are now eager to park their money for longer periods in banks, the Central Bank of Iran reported. Total...
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November 12,2022Iran has released the first list of individuals suspected of money laundering, an official of the Economy Ministry said. The move is signal to the world that Tehran is serious in its fight against...
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November 12,2022Tehran’s share market wrapped up the week on Wednesday recovering some loss in recent weeks after it was hit by the biggest five-day loss since the beginning of the fiscal year in late March....
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November 12,2022Data released by Shaparak, the company in charge of the domestic payment network, show more than 131.8 million bank cards were used at least once in the seventh calendar month to October 22. This...
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November 09,2022The government's weekly bond sale was held on Tuesday with banks returning to the auction after staying away for almost two months. Debt worth 15.75 trillion rials ($43.17 million) was sold in the...
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November 09,2022Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past several...
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