The National Development Fund of Iran, the sovereign wealth fund, will deposit an extra 5 trillion rials ($15.7 million) with the Capital Market Stabilization of Fund (CMSF) to help lift the…
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.
More than 642,000 checks bounced in the fourth Iranian calendar month to August 22, up 9.5% in volume on the month before. The checks were worth 395 trillion rials ($1.2 billion),…
Demand for subsidized foreign currency declined by almost $2 billion since the end of the subsidized forex policy six months ago, compared with the same period last year, the spokesman of the…
The Tehran Stock Exchange main index TEDPIX lost 15,684.78 points or 1.16% on Saturday to end at 1,330,978.14. About 6.04 billion shares worth 40.2 trillion rials changed hands at the TSE for…
A survey by the Majlis Research Center (MRC), the research arm of the parliament, says security of investment improved slightly in the fourth quarter of the last fiscal that ended in March…
Tehran’s share market suffered another weekly loss in the last trading session on Wednesday. Tehran Stock Exchange main index, TEDPIX, lost 8,677 points or 0.64% during the week to end at…
Economy Minister Ehsan Khandouzi says the government wants to expand the role of Qarz al-Hasanah (usury-free) financial institutions in providing microloans.
In its last appraisal of risk retention capacity, the Central Insurance company of Iran (CII) allowed 18 companies to accept higher risks. According to a report seen on the CII website,…
The government generated 284 billion rials ($896,000) in the last weekly bond auction held by the Central Bank of Iran on Tuesday. Auctions are held by CBI on behalf of the Economy…
Tehran Stock Exchange’s benchmark index TEDPIX jumped by 1,549 points or 2.03% during the trading week that ended August 3 to close at 77,883.
TSE trading days start on Saturday and end on…
Iran Fara Bourse recorded substantial growth of 258% in trade during the first half of the current Iranian fiscal year (March 22-Sept. 22).
An estimated 1,206 small and medium-sized companies took loans in the first five months of the current fiscal year that started in March. According to the Ministry of Industry, Mining and Trade…
A report by the Monetary and Banking Research Institute (MBRI) shows an increase in the output of manufacturing companies listed in the stock market. The institute reflected on the…
Banks and credit institutions gave 236 trillion rials ($747.5 million) in collateral-free loans after the government announced the new lending program in January. According to a press…
The Central Bank of Iran says six (unnamed) banks will face punitive action for offering higher interest rates on deposits.
In a letter to the First Vice President Mohammad Mokhber, the head of the Security and Exchange Organization (SEO) listed eight major challenges the stock market is grappling with.…
Trade at the Iran Mercantile Exchange (IME) reached 4,311 trillion rials ($13.6 billion) in the first half of current fiscal year (March 21-Sept. 22). Total trade shot up 67% on the first six…
The Ministry of Economy, Central Bank of Iran and Ministry of Industry, Mine and Trade signed an agreement on Saturday to enhance financial support for domestic producers.
The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian…
Iran Fara Bourse (IFB) says more knowledge-based companies and startups will go public in the near future as measures are taken to facilitate the process. “Tap30, a ride hailing app, went…
The Tehran Stock Exchange main index TEDPIX lost 11,819.61 points or 0.86% on Wednesday to end trade at 1,355,240.93. About 5.8 billion shares valued at 30.8 trillion rials ($106.2 million)…
The Economy Ministry sold 50.3 trillion rials ($158 million) bonds in the last auction held Tuesday by the Central Bank of Iran -- the highest sale in the current fiscal year that started in…
The recent order by the Central Bank of Iran to separate business and personal bank accounts should ease pressure on the official financial and economic sectors and put the onus on the…
The Tehran Stock Exchange main index TEDPIX lost 6,760.57 points or 0.49% on Tuesday to end trade at 1,367,060.37. About 4.66 billion shares valued at 29.18 trillion rials ($100.64 million)…
The Central Bank of Iran is to announce XBRL (eXtensible Business Reporting Language) standards for financial reporting by banks. According to the CBI governor Ali Salehabadi, this standard…
