Tehran stocks opened the week on Saturday in negative territory under unrelenting sell-side pressure in almost all categories. The main gauge of Tehran Stock Exchange, TEDPIX, shed 12,455…
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.
Iran's insurance industry is set to improve the quality of services with a four-year transformation plan, head of the Central Insurance company of Iran (CII), the industry’s regulator, said.…
Heads of three major business organizations have called on President Ebrahim Raisi to adopt effective measures to unify the forex rates.
Forex rates opened trading week Saturday higher amid increasing uncertainty about the future of the market. Gold followed suit. The US dollar briefly inched above the critical 300-000-…
The Tehran Stock Exchange’s main index TEDPIX lost 3,000 points or 0.21% during the week to Sept. 2 to close at 1,439,396.42. Trading in Iran’s stock markets starts on Saturday and ends…
The Central Bank of Iran is stepping up efforts to promote funding for economic enterprises through non-inflationary methods, the CBI governor said. Speaking on state TV late on Thursday…
Head of the Tehran Chamber of Chamber of Commerce, Industries, Mines and Agriculture said the banking bill now being debated in the Majlis is a matter of concern for private companies.
The benchmark of Tehran Stock Exchange, TEDPIX, lost 1,840.43 points or 0.13% on Wednesday to end trading week at 1,439,376. A total of 5.27 billion shares valued at 43.06 trillion rials ($148.…
New regulations for cryptocurrency mining was approved by the government on Sunday. The Ministry of Industry, Mine and Trade now has permission to resume issuing licenses for cryptomining, the…
In a fresh warning to banks and credit institutions, the Central Bank of Iran said they must not pay interest on deposits over and above those set by the regulator.
The government sold 23 trillion rials ($79.3 million) bonds in the latest auction held weekly to raise funds for its budget deficits. Banks, non-bank credit institutions, investment…
State and government owned companies produce losses estimated at 710 trillion rials ($2.4 billion) a year, chief of Auditing Organization of Iran said. Speaking to reporters on Wednesday…
The benchmark of Tehran Stock Exchange, TEDPIX, shed 3,922.11 points or 0.27% on Tuesday to end trade at 1,441,217.10. Unlike the market cap-weighted TEDPIX, the TSE’s equal-weighted index…
The Central Insurance company of Iran (CII), the regulatory body of the industry, has agreed to revise the operative mechanism of a controversial gateway to make it compatible with startup…
After publishing the names of 20 state-owned companies for divestment, the Iranian Privatization Organization concurred that these companies face countless challenges in the divestment process…
Private companies in increasingly numbers are approaching the debt market for funds, managing director of the Capital Market Asset Management Company. Mohammad Hossein Sadraee said the…
The Central Bank of Iran on Monday unveiled an online platform that will be used to keep track of overnight interbank transactions. The system is known as “Taba”(Persian acronym for…
Tehran stocks ended mixed on Monday as large caps stumbled in choppy trade while a small caps advanced. The main gauge of Tehran Stock Exchange, TEDPIX, pared some early losses and…
Insurance companies in close collaboration with the regulator are developing innovative insurance packages to build and expand services in the rapidly growing industry, head of the Central…
The Iranian Privatization Organization has added 20 state and government owned companies to the list that the government plans to fully divest. According to a press release seen on the…
The main index of Tehran Stock Exchange, TEDPIX, shed 5,958.24 points or 0.41% on Sunday to end trade at 1,444,086. Sell-side pressure swept almost all shares as the TSE’s equal-weighted index…
The Central Bank of Iran says it expects growth in the use of its recently-unveiled instant interbank transaction network, known as Pol. Hamidreza Norouzi, the head of the Pol project,…
The Majlis on Sunday began debating a controversial banking bill amid mounting concern by experts about the potential flaws that could undermine the central bank.
The Central Securities Depository of Iran (CSDI), the capital market clearing house, says 3,490 trading codes have been issued for foreign investors so far. Most of these investors are…
Tehran stocks opened trading week Saturday in positive territory with the benchmark Tehran Stock Exchange, TEDPIX, surging more than 0.5%. The market cap-weighted index added 7,671.98 points to…
