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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November 24,2020Non-performing loans of Iranian banks and credit institutions shot up 27% on annualized basis during the first quarter of the current fiscal year (March 20-June 20) to reach 2,090 trillion rials ($... -
November 24,2020Investors in the Tehran share market approached blue chips and small caps differently on Tuesday. Sell-side pressure pushed the market-weighted benchmark of the Tehran Stock Exchange into negative...
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November 24,2020The Central Bank of Iran says inability of meeting the inflation target it announced earlier is likely but the CBI is doing all it can to achieve the goal, the vice governor for economic affairs...
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November 24,2020Currency and gold prices fell again in Tehran on Tuesday. The dollar lost 2.32% or 6,000 rials to reach 252,000 rials on Tuesday in the free market. Bank-affiliated moneychangers priced the...
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November 24,2020Iran's Innovation and Prosperity Fund issued 10 trillion rials ($40 million) in guarantees for knowledge-based companies during the first eight months (March 20- Nov. 21) of the current fiscal year...
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November 24,2020The Trade Promotion Organization of Iran is doing all it can to promote barter trade by setting up special internal and international "barter chambers" to connect exporters and importers, the TPO...
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November 24,2020Foreign exchange and gold prices posted meager changes Monday amid nationwide restrictions on non-essential businesses to control spread of the Covid-19 plague.
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November 24,2020Tehran’s share market resumed rally after a brief hiatus a session earlier, but the value of trade dropped significantly amid uncertainty that has been around for several weeks. Toiling under sell...
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November 22,2020The economy minister says the capital market improved its contribution to the economy in the current fiscal year that ends next March. For more than two years the government’s budget has been...
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November 22,2020Currency and gold dropped in Tehran Sunday after a short rally a day earlier when the government launched the first day of a lockdown program to curb the Covid plague. Climbing above 260,000...
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November 22,2020The Securities and Exchange Organization, Iran's stock market regulator, said it has penalized 21 CEOs of listed companies for not abiding by SEO regulations and warnings have been sent to many...
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November 23,2020Tehran’s stock market closed in negative territory on Sunday after rallying for seven consecutive sessions. The heavy early sell-side pressure eased in the closing hours. The main index of Tehran...
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November 22,2020Tehran’s stock market will host the initial public offer for the country’s second largest Iranian ride-hailing company, Tap30, in the coming weeks. It will be the first of its kind to go public. ...
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November 22,2020A sharp rally in the early hours of stock trade on Saturday gave way to sell-off in majority of ticker symbols as many rushed to sell and save gains. The main index of Tehran Stock Exchange,...
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November 22,2020The High Council of Insurance, the top regulatory body of Iran insurance industry, is expected to grant operational license to a new reinsurance company in the near future. Pars Reinsurance...
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November 21,2020Banks have been instructed to expand electronic services to reduce physical presence of staff and clients in line with nationwide restrictions to curb spread of the Covid-19 plague. Customers...
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November 21,2020Plans to offer financial aid to people hit by the Covid-19 outbreak will be funded from resources other than the Central Bank of Iran, the bank’s governor said. In a note on his social media...
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November 21,2020As per a bylaw sent to banks and credit institutions new fees come into effect today (Nov. 21).
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November 21,2020Iran’s gold market will be closed for two weeks starting today (Nov.21) in line with tougher lockdown measures announced by the government, head of Tehran Gold and Jewelry Union said.
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November 19,2020Tehran’s share market made gains on the last day of trading week Wednesday extending a winning streak into the sixth day. The main index of Tehran Stock Exchange, TEDPIX, climbed more than 3.7%...
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November 19,2020Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials. Half Bahar Azadi plunged 5.74% to 61 million rials. The coin had...
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November 19,2020The Iranian National Tax Administration reported 99 trillion rials ($380 million) in tax revenue from stock trade in the first six months of current fiscal year (March 20-Sept.21). Financial...
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November 19,2020Aversion to government bonds was visible at the auction on Tuesday for the eight straight round. The government hardly sold 1.4 trillion rials ($5 million) to investors out of the total 48...
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November 18,2020Given the widespread use of checks in Iranian trade and transactions, the Central Bank of Iran will likely face a tough time in getting people accustomed to changes in the check issuing system, the...
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November 17,2020The Securities and Exchange Organization, the Iranian stock market regulator, has instructed listed companies to designate market makers or else they could be ejected from the market. "All listed...
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