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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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... -
July 29,2019Head of the company that will oversee the regulated forex market says the new market will open with the participation of 100 plus money changers.
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July 29,2019After months of speculation over the fate of mining and trading cryptocurrencies in Iran, the government late on Sunday announced that it recognizes mining cryptocurrency as a legal industrial...
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July 29,2019National Iranian Oil Refining and Distribution Company plans its first round of gasoline offer on the export ring of Iran Energy Exchange on Wednesday, the IRENEX chief said. Ali Hosseini said...
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July 29,2019The housing market in the capital continues to show signs of inflationary recession, as has been the case in the past months. Latest data released by the Central Bank of Iran show home prices in...
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July 28,2019The regulated foreign exchange market will be launched on August 12 to coincide with the annual feast of Eid al-Adha (Eid- e- Qorban in Iran), the governor of the Central Bank of Iran said Saturday...
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July 28,2019At a time when the country is grappling with new US sanctions and extraordinary economic challenges, reports speak about billions in pending taxes, which if paid can go a long way in plugging the...
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July 28,2019A member of the Majlis Energy Commission says parliament is willing to approve rules that allow the government to offer crude oil in Iran Energy Exchange at discounted rates.
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July 27,2019Insurance industry plans to allow startups to handle 10% of Iran’s insurance market in the current fiscal year that started on March 21, said the head of Central Insurance company of Iran.
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July 27,2019American officials have issued a warning to European nations that they risk falling foul of sanctions on Iran if they press ahead with a barter system that could allow the export of Iranian oil.
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July 27,2019More than 8.7 billion government-owned shares in Tehran Oil Refinery Company and Isfahan Oil Refinery Company worth 88 trillion rials ($733 million) will be offered in the capital market in the...
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July 26,2019Governor of the Central Bank of Iran Abdolnasser Hemmati has reviewed the achievements of the bank one year after he took office and outlined future plans. In an Instagram post Thursday, Hemmati...
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July 26,2019July 22 was the end of a deadline set by the Central Bank of Iran for non-oil exporters to repatriate their currency earnings during the last fiscal year (March 2018-19) to the country. After the...
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July 24,2019Results of a state TV poll on Tuesday show that the majority preferred to invest in the capital market. Asked whether they want to invest in the capital market or foreign exchange market, 84% of...
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July 24,2019The monthly report of Shaparak payments and settlement network indicates 13.3% decline in value of transactions during the third month of the current fiscal year (started March 21) compared to a...
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July 24,2019Parliament voted for a bill on Tuesday based on which compound interest on bank loans that matured by the end of last fiscal year (March 20, 2019) would be eliminated and debtors given until mid-...
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July 24,2019After a one day hiatus, stocks rebounded into positive territory amid investor optimism over earnings reports of listed companies for the last calendar month that ended on July 22. Tehran...
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July 23,2019Currency rates surged in the open market in Iran following more than two weeks of bear market after demand for foreign currency rose amid expectations that the plunging forex rates had hit the...
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July 23,2019The Export Guarantee Fund of Iran topped the list of export credit and guarantee funds that are members of the Aman Union, the EGFI head said. Afrouz Bahrami made the statement on the sidelines...
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July 22,2019Afghanistan and Pakistan have announced readiness to open bank branches in Iran’s free zones or the mainland, according to a Foreign Ministry official in Tehran.
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July 23,2019Following two consecutive rallies, stocks dipped in Tehran on Tuesday amid investor caution in wanting tp protect their earlier gains. Main gauge of the Tehran Stock Exchange shed more than 1,700...
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July 22,2019A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20. The...
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July 22,2019The stock rally continued on Monday as quarterly financial reports released on codal website showed upbeat performance for a large number of big companies in the capital market. The main gauge of...
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July 21,2019Total market capitalization of Iran’s four bourses (Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange) reached 12,282 trillion rials ($102.3 billion) by the...
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July 21,2019The Economic Commission of the government has agreed to set electricity prices for mining cryptocurrencies based on similar tariffs used for electricity exports. Homayoon Ha’eri, the Energy...
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