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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February 26,2022The state-owned Bank Maskan - the main housing lender - is coming out of the red and poised to make a profit fiscal 2022-23, a board member said. On its financial performance, Mohsen Fazelian... -
February 26,2022The Majlis Research Center says the government(s) policy of pricing goods has been an exercise in futility and more often than not has failed to deliver. A review of rules allowing administrative...
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February 26,2022A comprehensive database of violations that occur in the stock market has been established in Tehran Stock Exchange and is available on a daily and weekly bases, according to TSE’s supervisory...
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February 26,2022The Governor of the Central Bank of Iran Ali Salehabadi conferred with Mustafa Ghaleb, the governor of Central Bank of Iraq, on Thursday in Tehran.
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February 26,2022The Majlis on Wednesday lifted a ban on taxing interest on bank deposits of legal and institutional bodies. So far the Iranian National Tax Administration was not allowed to tax interest of bank...
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February 26,2022A comprehensive database of violations that occur in the stock market has been established in Tehran Stock Exchange and is available on a daily and weekly bases, according to TSE’s supervisory...
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February 24,2022Iranian mills produced a total of 2.8 million tons of crude steel in January 2022, registering a 20.3% growth compared with the corresponding period of last year, according to latest data released...
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February 24,2022The last bond auction held by the Central Bank of Iran for the government on Tuesday generated 56 trillion rials ($215 million). Investors had shunned debt market for several weeks. However, sales...
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February 24,2022Tehran stocks closed trading week Wednesday lukewarm for the second day amid decline in trade by retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, gained 3,461 points or 0.27% for...
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February 24,2022Despite all the progress in recent years, life insurance sector in Iran still falls short of the expansion targets. Insurance authorities believe that insurance firms need to accelerate their...
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February 24,2022The parliament late on Tuesday approved parts of the 2022-23 budget bill that sets government revenue from bonds. Accordingly, state-owned companies can issue a maximum of 100 trillion rials ($386...
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February 22,2022Data released by the Central Bank of Iran show that the growth in key indicators of monetary aggregates, namely monetary base and money supply, are losing pace. In a report on economic trends and...
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February 22,2022Tehran stocks closed Tuesday slightly higher thanks to the rally in transportation, refinery and some other commodities. The main index of Tehran Stock Exchange, TEDPIX, gained 3,287 points or 0....
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February 22,2022The Majlis on Tuesday allowed the government to take a $5- billion loan from Russia for development projects. The money is set to be used for completing development projects namely infrastructure...
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February 22,2022After sustaining hits in the beginning of trading week on Saturday, forex rates reversed course in the past two sessions along with the domestic bullion market. The US dollar clawed back near the...
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February 22,2022Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned lawmakers about passing legislation that put banks under additional financial pressure. The rare caveat came in a follow-...
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February 20,2022Banks should increase the share of housing loans from their total loans by four times to help meet the government's housing action plan, the CEO of Bank Maskan (main housing bank) said. "Housing...
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February 21,2022Tehran stocks closed trading session lower on Sunday as shares in majority of commodity and export companies tumbled following steep decline in currency prices. The market cap-weighted benchmark...
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February 21,2022Extending previous losses, forex rates plunged further in Tehran on Sunday following new reports on the progress in the Iran nuclear talks in Vienna. The US dollar was traded at 256,300 rials in...
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February 21,2022The Majlis on Sunday approved provisions of the next fiscal budget bill that require the government to set aside a bigger share of energy export revenue for the National Development Fund of Iran,...
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February 20,2022Head of the Iran Chamber of Commerce Industries Mining and Agriculture (ICCIMA) says banking restrictions are impeding funds for the struggling production sector. In letters to the governor of...
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February 19,2022The National Informatics Corporation, the Central Bank of Iran's arm for developing financial solutions, is finalizing the long-awaited regulatory sandbox, the company's CEO said. "The government...
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February 20,2022Leaving behind a lukewarm week, Tehran’s stock market again entered another period of looming uncertainty on Saturday. In choppy trade the benchmark of Tehran Stock Exchange, TEDPIX, lost 282.13...
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February 20,2022Central Bank of Iran data show a sharp increase in bad checks in the month to January 20 while there was no significant change in overall check transactions. Total value of checks returned during...
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February 18,2022Banks gave 509.4 trillion rials ($1.92 billion) to 1,176 knowledge-based companies in loans in the first 10 months of current fiscal year (March 21- Jan 20). The amount was up 126.9% compared to...
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