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.
July 21, 2023 18:51
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August 09,2019At the end of Iran’s stock market trading week on Wednesday, the main index of Tehran Stock Exchange, TEDPIX rose 0.28% compared with the reported figure for a week earlier. -
August 09,2019European efforts to launch a payments channel to facilitate trade with Iran suffered a fresh setback on Thursday when the German former diplomat who was set to take over as the new chief of INSTEX...
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August 09,2019The cost of money has declined up to 1.5% following a government decision to scrap the overnight interest rate policy on deposits in January, head of the Association of Private Banks and Credit...
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August 07,2019The taxman is looking at bank accounts with high turnovers to detect cases susceptible to tax evasion, said an official with the Iranian National Tax Administration. “The Central Bank of Iran has...
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August 07,2019Trade in the stock market is free of capital gains tax, said the head of Securities and Exchange Organization.
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August 06,2019The initial public offering of four companies is in the offing in the Iran Fara Bourse, the junior stock market, said the IFB deputy for market affaiars.
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August 06,2019Governor of the Central Bank of Iran says lopping off four zeros from the national currency will not impose additional costs on the government regarding printing banknotes.
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August 06,2019The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend. Rules primarily include details...
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August 06,2019While in positive territory in the early hours of trading, the main gauge of the Tehran Stock Exchange reversed course in mid-day trading, causing the TEDPIX to shed more than 1,000 points on...
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August 05,2019The merger of five banks and credit institutions -- affiliated to military forces – with the state-owned Bank Sepah is in progress with the major tasks completed, CEO of the bank said. Speaking...
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August 05,2019The Central Bank of Iran on Monday again postponed the opening of the long-awaited regulated foreign exchange market. CBI Governor Abdolnasser Hemmati had said earlier that the market would start...
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August 04,2019State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday. As a member of the new...
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August 04,2019Enthusiastic buyers purchased the entire 5000 tons of Iranian octane 95 gasoline offered on the Iran Energy Exchange on Sunday, according to data available on the IRENEX online bulletin board. ...
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August 04,2019A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the stock market was among the top-performing market during the first quarter (March. 21-June. 20) of the current...
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August 03,2019For the first time in the history of Iran’s oil industry, 3,000 tons of Euro-5 gasoline was sold via the international ring of Iran Energy Exchange. The sale was part of a total of 10,000 tons...
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August 03,2019Bypassing US economic sanctions is the function of a robust private sector and the banking sector will step in to empower private companies, said the CEO of state-owned Bank Melli Iran. “If we...
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August 02,2019The Majlis Economic Commission is preparing a bill In line with efforts to promote long-awaited transparency in the key banking sector. If and when it becomes law, it will allow the people to have...
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August 02,2019With the appointment of Bernd Erbel as new president of the Instrument in Support of Trade Exchanges (INSTEX) earlier in the week, it appears that the Iran-EU trade mechanism is entering its next...
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August 02,2019The managing director of Export Guarantee Fund of Iran, Afrouz Bahrami, was elected as a member of Aman Union's board of directors for two years.
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July 31,2019The Central Insurance company of Iran (CII) has announced data on risk retention and reinsurance capacity for insurance companies based on their last financial report. According to CII website,...
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July 31,2019The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the popularly used...
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July 31,2019The general price index of construction materials for residential units in Tehran rose 62.2% in the first quarter of the current Iranian year that ended on June 21 compared with last year's...
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July 30,2019Bernd Erbel, 72, a German diplomat and a former head of his country’s mission in Iran (Oct. 2009-2013) has been appointed as the new president of Iran-EU trade mechanism, known officially as the...
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July 30,2019A deputy governor of the Central Bank of Iran met the Australian ambassador to Iran, Ian Biggs, on Tuesday to discuss monetary and banking issues. The two sides agreed to expand banking cooperation...
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July 30,2019Approximately $27.5 billion was repatriated by non-oil exporters to the secondary currency market known locally as Nima (Integrated Forex Deals System) since the fifth month of last calendar year (...
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