The Central Insurance company of Iran is to launch two platforms to ease auto accident reporting, in collaboration with the Traffic Police and knowledge-based companies. Majid Behzadpour, 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.
The Central Bank of Iran will adopt new measures to further curb the growth of money supply and maintain monetary discipline, the CBI deputy governor said. Asghar Abolhassani told state TV late…
The government allocated $20 billion for imports in the first four months of current fiscal year (March 20- July 22). This was $6 billion higher than the $14.2 billion given in the first…
Smalls caps and penny stocks were in upbeat mode in the last trading week ending Wednesday outpacing shares of giant commodity stocks for the second straight week. However, the main index…
Foreign currencies' prices increased on Thursday and Friday in Tehran's open market. According to Eghtesadnews website, each US dollar was sold at 295,000 rials on Thursday, up 2.03% or 6…
An estimated 189,930 futures contracts worth 11.41 trillion rials ($39.3 million) changed hands at the Iran Mercantile Exchange (IME) in the last calendar month to August 22. Farm…
The government sold 36.6 trillion rials ($126 million) bonds in the last weekly auction held on Tuesday. Banks, non-bank credit institutions, investment funds and institutional investors in the…
The board of directors of the Securities and Exchange Organization has decided to expand limit up and down of daily prices in the stock market by 1 percentage point. Share prices can now range…
Tehran stocks closed trading week Wednesday in positive territory amid increase in the participation of retail investors. Like the past few sessions, small caps were in better shape while most…
The Central Bank of Iran on Wednesday unveiled an instant payment system, which is set to replace the apparently insecure but popular card-to-card money transfers. According to Mehran…
The High Council of Securities and Exchange, the main capital market policy-making body, has given the agreement in principle to set up an international equities exchange. This was…
Central Bank of Iran data show that the monetary base continued to decline in the fourth calendar month to July 22. The monetary base stood at 6,530.3 trillion rials ($22.5 billion) until…
Tehran stocks rebounded on Tuesday to buck a five-day losing streak as small caps were well received by retail investors. The equal-weighted index of Tehran Stock Exchange gained close…
The Central Bank of Iran on Tuesday unveiled a new platform ‘MahCheck’ that allows withdrawal of money from defaulters' accounts in other banks.
A report by the Monetary and Banking Research Institute (MBRI) shows that industrial input improved in the fourth calendar month ending July 22. The industrial production index (IPI) rose…
An estimated 10.3 million tons of goods changed hands in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to August 22. Compared to the month before, deals increased…
Sell-side pressure again hit Tehran stocks Monday, for the fifth consecutive session, amid persistent outflow of capital by retail investors. The main index of Tehran Stock Exchange,…
The Economy Ministry says creation of money by banks was cut by a third in the first four months of current fiscal year (March 20-July 22). In a press statement seen on its website, the…
Forex and gold prices posted significant growth in Tehran Monday, after continuous declines for two weeks. The US dollar gained 1.55% during the day in Tehran's open market and was traded…
Tehran stocks opened trading week on Saturday again lower as sell-side pressure continued unabated through most stock categories. The main index of Tehran Stock Exchange, TEDPIX, lost 12,…
A report by the domestic e-payment network, known as Shaparak, says major payment service providers showed meager change in their share in the growing market. Saman Electronic Payment (…
The Securities and Exchange Organization (SEO) is amending articles of associations of two major exchange-traded funds managed by the government, the SEO chief said.
The Iranian National Tax Administration (INTA) said income from investment in bonds and certificates of deposit (CDs) is taxable only for legal entity investors. In a bylaw INTA said the…
Banks and credit institutions divested 82 trillion rials ($282 million) in assets in one year, an Economy Ministry official said. According to Abbas Hosseini, deputy minister for banking…
Tehran’s share market opened trading week Saturday again lower as selloff pressure swept through almost all stocks. The main index of Tehran Stock Exchange, TEDPIX, lost 12,585.13 points…
