The Securities and Exchange Organization has announced an agreement in principle to launch a Real Estate Investment Trust (REIT) fund, the SEO deputy for supervisory affairs said. Alireza…
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.
Foreign exchange rates in Tehran have moved upward since the beginning of the Iranian week on Saturday after posting successive declines. Extending a three-day rising trend, the US dollar…
The financial evaluation of Tehran's two main football clubs is over and both are set to go public via the Iran Fara Bourse base market in the coming weeks. As per the assessments,…
Banks and credit institutions gave 22,946.1 trillion rials ($86.1 billion) in loans in the first ten months of current fiscal year that ends in March. Compared to the corresponding…
With the share market languishing in the red amid the non-stop capital outflow by retail investors, new listed companies issuing IPOs no longer see welcome signs from investors. Investor…
Insurance companies in Iran paid 16.7 trillion rials ($63 million) in Covid-related medical bills since the outbreak of the coronavirus pandemic in February 2020. The Central Insurance company…
Municipalities of seven major cities issued 89.3 trillion rials ($330 million) in bonds in the first nine months of present fiscal year to Dec. 21. Compared to same time last year, the bond…
Data released by Shaparak, the company in charge of Iran's domestic payment network, show more than 123.1 million bank cards were used at least once in the ninth month to December of the current…
The Majlis Research Center has warned that a toxic mix of incorrect fiscal and monetary policies could add fuel to the inflation fire in the next fiscal year that begins in March. In a…
The supply of foreign currency for import needs improved substantially in the past five months, head of the Central Bank of Iran public relations office said. In a note on his social…
Tehran Stock Exchange’s primary index TEDPIX added 106 points or 0.1% during the trading week that ended April 5 and stood at 77,690.
IFX, the main index of over-the-counter market Iran…
The National Development Fund of Iran is making progress in collecting unpaid debts by private companies, a deputy with the sovereign wealth fund said. In a press release seen on the NDFI…
Latest figures released by the Central Insurance company of Iran, the supervisory authority of the industry, show the critical status of medical insurance with its loss ratio crossing 106% in…
The government has no contingency for marriage loans which are set to double in the March 2022-23 fiscal year, a senior banker said. Mohammad-Reza Jamshidi, the secretary general of the…
After three weeks of investor aversion to bonds offered by the government, buyers returned to the weekly auction and bought 27.1 trillion rials ($102 million). Banks and investors in the…
Iran Blockchain Association says it welcomes the government’s plan to legalize cryptocurrencies and digital assets.
An estimated nine million point-of-sale terminals are about to be suspended by the Iranian National Tax Administration because their operators failed to file tax returns, an official with INTA…
After a string of losses in the beginning of the week, foreign exchange rates dipped further on Tuesday as talks over reviving the Iran nuclear deal resumed. Gold also fell. The US dollar…
The Central Bank of Iran says it is in the process of moving all banking operations online to help improve access to banking services by a larger segment of the population. “This would…
Tehran’s share market closed Monday lower as the benchmark of Tehran Stock Exchange, TEDPIX, retreated further from the psychological 1.3 million points. The TEDPIX lost 7,582.04 points…
Interaction between the government and central bank must be restructured to be able to tame inflation and reach sustainable and decent economic growth. “This [among other things] means…
Blockchain technology and cryptocurrencies have the potential to play an important role in Iran's economy, says an official with the Iran ICT Guild Organization. "By investing in…
The Majlis Joint Commission decided to double marriage loans to newlyweds in the March 2022-23 budget. The commission is an ad hoc parliamentary body comprising representatives from all…
After a bull-run week, Tehran stocks trimmed some of the previous gains on Sunday amid a fresh wave of panic selling by retail investors. The benchmark of Tehran Stock Exchange, TEDPIX,…
The Central Bank of Iran is working on measures to help attract more foreign currency to the banks. Ahmad Lavasani, head of the High Council of Iran Exchange Shops Union, says the CBI will…
