Annual growth of money creation by banks fell 57% in the first five months (March 21-August 22) of the current fiscal year, the Economy Ministry reported. The ministry said the decline…
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 Tehran Stock Exchange main index TEDPIX lost 4,096.55 points or 0.3% on Monday to end at 1,373,821.43. About 4.97 billion shares worth 39.57 trillion rials ($136.47 million) changed hands…
The top court of the United Nations, the International Court of Justice (ICJ), began public hearings on Monday in a high-profile case concerning the seizure of Iranian assets in the US.
Tehran stocks opened Sunday again under heavy sell-side pressure in almost all categories. The main index of Tehran Stock Exchange, TEDPIX, lost 11,180.85 points or 0.80% to end at 1,377,…
Since the beginning of the calendar year in late March banks and credit institutions gave 790 trillion rials ($2.5 billion) loans to encourage youth marriage and childbirth. Mostafa…
Listed companies paid 26 trillion rials ($80 million) in dividend to shareholders since the beginning of current fiscal year in March. According to data released by the Central Securities…
Performance of the domestic payment network indicates 9% growth in the number of unused or infrequently used POS terminals in the month to August 22.
The Central Bank of Iran is giving the finishing touches to a plan to tap into the newly-developed credit instruments in trade of commodities at the Iran Mercantile Exchange. In a meeting…
The Majlis Research Center (MRC), the parliament’s think tank, says the National Development Fund of Iran must resist calls for partial payment by all those who have taken out forex loans.…
The Central Bank of Iran has announced new measures to prevent banks from giving loans to related persons, head of the CBI department for banking health assessment said.
Tehran Municipality on Wednesday its first real estate offer at the Iran Mercantile Exchange. It included two apartments, which were bought in less than an hour after the offer was seen…
The Governor of Central Bank of Iran Ali Salehabadi says the CBI has enough foreign currency to pay for imports. “Almost $26 billion was given for imports from the beginning of current fiscal…
The Economy Ministry generated 22.8 trillion rials ($73 million) in the last bond auction Tuesday held by the Central Bank of Iran. The auctions are held weekly to raise funds for the…
The Central Bank of Iran has launched a pre-test phase of the Crypto-Rial, the central bank digital currency, the governor said Wednesday.
The main index of Tehran Stock Exchange, TEDPIX, gained 4,155.80 points or 0.30% on Tuesday to end at 1,393,126. About 5.75 billion shares worth 38.33 trillion rials ($132.19 million) changed…
After declining for four consecutive months, the loan-to-deposit ratio (LDR) posted monthly increase in the last calendar month to August 22. LDR stood at 81.1% in the month, up on 80.9% a…
Currency rates made significant gains against the rial on Tuesday triggering fresh demand in the domestic gold market. The US dollar crossed the resistance level of 310,000 rials to buy…
The Ministry of Industry, Mine and Trade in collaboration with the relevant unions will soon start issuing license for gold trade on the internet.
The Securities and Exchange Organization (SEO) has imposed new restrictions to discourage giant listed companies from offering large-scale share offers. SEO has approved a decision based…
The Cabinet has approved proposals by the Securities and Exchange Organization (SEO) for reforming the governing structure of the two major exchange-traded funds of the government. Majid…
The main gauge of Tehran Stock Exchange, TEDPIX, lost 1,762.06 points or 0.13% on Monday to end at 1,388,970. A total of 6.28 billion shares worth 51.23 trillion rials ($176.6 million) changed…
Malicious mobile applications are the main threat to the security of financial services in the country, says the CEO of KASHEF, the company in charge of the safety and security of banking…
The Central Bank of Iran on Monday set procedures for banks and the tax authority to differentiate the bank accounts of businesses and personal accounts. The regulator recently instructed…
Tehran stocks plunged deeper on Sunday after big losses a session before. The main index of Tehran Stock Exchange, TEDPIX, lost 6,702.10 points or 0.48% to end at 1,390,732.44. It lost 1.1% and…
While the Central Bank of Iran plans to pilot its long-awaited central bank digital currency (CBDC) project, the Crypto-Rial, by November, experts has expressed strong reservations about the…
