The Securities and Exchange Organization, fearing fresh market volatility, has banned listed companies from offering shares on a large scale. “If companies want to offer large numbers of…
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 National Development Fund of Iran, the sovereign wealth fund, has suspended payment to the Capital Market Stabilization Fund, the CMSF boss said. In a talk with the Securities and…
Tehran stocks opened trading week Saturday in uneven territory as most shares pared losses in the beginning of the session and ended in positive zone. The benchmark of Tehran Stock Exchange,…
The Central Bank of Iran has informed banks and credit institutions about regulations related to the crypto-rial, as a central bank digital currency (CBDC). The rules, seen by way2pay.ir…
Iran Mercantile Exchange has reported on the best commodity suppliers in the last fiscal year that ended on March 20, with steel, refineries and petrochemical companies topping the list.…
Tehran’s share market extended gains in the previous trading week as the market turned bullish and retail investors showed renewed interest. Benchmark of Tehran Stock Exchange, TEDPIX,…
Data published by Iran's domestic payment network's supervisory body, Shaparak, show 10% monthly growth in the number of active bank cards in the last month of the last fiscal year that…
Iran will soon be able to access billions blocked in overseas banks, namely in South Korea, local media said, citing unnamed officials. Reports about the release were first published by IRNA,…
The government plans to sell part of its stake in the two main football clubs, Esteghlal and Persepolis, via block trading. Head of the Iranian Privatization Organization Hossein…
More than 3.6 billion retail transactions were reported by the domestic payment settlement network, known as Shaparak, in the final month of the Iranian calendar year that ended on March 20.…
Iran Blockchain Association (IBA) has warned the government over hasty measures and unhelpful protocols for the future of cryptocurrency mining.
Forex rates paused on Wednesday after consecutive gains since the beginning of trading week impacting the domestic gold market. The US dollar surged to two-month high and was traded as…
Tehran stocks turned choppy on Tuesday as most shares rallied in the middle of the trading session and crept into the positive zone The main gauge of Tehran Stock Exchange, TEDPIX, pared…
Central Bank of Iran data show slight decline in check transactions amid rise in rejected checks in the calendar month to Feb. 19. During the period under review, the number of issued…
The government has eased conditions for foreign investors applying for residence permits by reducing the minimum investment.
Iran Mercantile Exchange made history in the last fiscal (ended March 20) in terms the volume and value of trade. As per data published on IME’s website, the value of deals exceeded 6,650…
The benchmark of Tehran Stock Exchange, TEDPIX gained 6,817.32 points or 0.47% on Monday to end trade at 1,468,820 points. The market saw a noticeable presence of retail traders unseen in the…
Industry Ministry data show that small and medium-sized enterprises borrowed about 200 trillion rials ($750 million) in 11 months to Feb.19. The official state news agency, IRNA, said the money…
The Central Insurance company of Iran has warned four major online insurance selling platforms to stop offering illegal discounts. The CII notified Azki, Bimeh Bazar, iToll and Bimeh.com…
The Governor of the Central Bank of Iran Ali Salehabadi said $57 billion in foreign currency was supplied from assorted sources in fiscal March 2021-22. “The amount was 57% higher on the…
Average loan-to-deposit (LDR) ratio increased to 81.7% by end of the calendar month to Dec. 21, rising 1.5 percentage points compared to March 2021. The ratio rose slightly by 0.4…
Following robust gains last week, Tehran’s share market opened trade on a strong note Sunday amid the heavy presence of retail investors. The main index of Tehran Stock Exchange, TEDPIX,…
The Central Insurance company of Iran issued operation license for Saman Reinsurance Company, allowing the private firm to start operations. As per an announcement seen on the CII website…
The Iranian National Tax Administration said interest on bank deposits of fixed investment funds are exempt from the new tax rules outlined in the fiscal 2022-23 budget.
The government sold 906 trillion rials ($3.5 billion) bonds in 36 weekly auctions during the last fiscal year that ended on March 20. Compared to the year before, the amount was down 27…
