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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January 29,2021Currency and gold prices posted significant gains on Wednesday in Tehran after two days of decline. The dollar was quoted at 237,000 rials in the free market, 3.29% higher than the previous day's... -
January 26,2021A rally in the early hours of trade on Tuesday in Tehran’s share market gave way to a sell-off later amid renewed uncertainty among investors. The Tehran Stock Exchange benchmark, TEDPIX, lost...
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January 26,2021Deputy Economy Minister Mohammad Ali Dehqan-Dehnavi was appointed Tuesday as new managing director of the Securities and Exchange Origination by the High Council of Securities and Exchange. ...
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January 26,2021The Economy Minister Farhad Dejpasand appointed Mojtaba Khalesi as new envoy of the Central Bank of Iran to the World Bank.
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January 26,2021The governor of the Central Bank of Iran, Abdolnasser Hemmati, is visiting Oman to discuss ways to expand banking relations between the two Persian Gulf neighbors. He met Foreign Minister Sayyid...
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January 26,2021First Vice President Es'haq Jahangiri instructed Mohammad Nahavandian, the veep for economic affairs, to revise rules set for regulating trade in steel products. In a letter published on Monday...
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January 26,2021The share market regulator is working on a plan of action to minimize the impact of big shareholders performance on retail trade in the bourse, the CEO of Tehran Stock Exchange said. "The...
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January 26,2021Iran Insurance Company, the sole state-owned and the largest insurance company, is expected to play a leading role in digitizing the sector and developing innovative services. "Given the IIC's...
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January 26,2021The secondary foreign exchange market, Nima, has seen significant growth in currency supply in recent days, the governor of the Central Bank of Iran said.
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January 25,2021A sharp rally in the early hours of stock trade on Sunday gave way to sell-off in most ticker symbols as investors rushed to sell and save past gains. The main index of Tehran Stock Exchange,...
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January 25,2021The Central Bank of Iran has instructed lenders to channel more resources into investment funds. The new directive is backed by an earlier decision by the High Council of Securities and Exchange...
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January 25,2021The state-owned Bank Sepah, with which five military banks merged recently, may face difficulty maintaining its balance sheet, CEO of the bank said. Discussing the "complex" merger process with...
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January 23,2021The stock market showed some sign of recovery at the start of trading week on Saturday as share prices of majority of listed companies soared for the second day. The benchmark of Tehran Stock...
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January 23,2021The capital market has increased funding the economy both in the public and private sectors, in particular in the first three quarters of current fiscal year (March- Dec 2020). Data compiled by...
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January 23,2021With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said. "Cryptocurrency worth $9.7 billion is mined annually across...
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January 22,2021Owners of the so-called Justice Shares sold 8 billion shares worth 136 trillion rials ($600 million) since the ban on the trade was lifted last May.
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January 22,2021Commodities weighing 2.89 million tons worth 338 trillion rials ($1.5 billion) were traded at the Iran Mercantile Exchange in the last Iranian month (Dec.21-Jan.19). The deals grew 5% in volume...
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January 22,2021Insurance companies reported 18% decline in medical insurance premium in the first eight months of the current fiscal year (March-November).
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January 22,2021The Majlis Joint Commission has decided to raise the ceiling for marriage loans to newlyweds in the next fiscal year that begins in March.
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January 22,2021After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials on Thursday gaining 4...
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January 20,2021Investors heaved a sigh of relief on the last day of trading week Wednesday as share prices in Tehran picked up following steep declines in five consecutive rallies. The main gauge of Tehran...
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January 20,2021Extending a rally from the previous session, foreign exchange rates in Iran regained momentum on Wednesday. The dollar climbed more than 3.5% in Tehran's open market to close at 228,000 rials. It...
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January 19,2021The Economy Minister Farhad Dejpasand placed responsibility for the deep downturn in the share market on other administrative bodies, namely the Industries Ministry and Central Bank of Iran. ...
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January 19,2021The main index of Tehran Stock Exchange, TEDPIX, closed slightly above the flatline on Tuesday after deep losses in the past sessions. The benchmark was up 400 points or 0.03% to end trading at 1...
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January 19,2021South Korean banks wary of US sanctions are holding tight to billions of dollars in Iranian money, apparently unwilling or unable to budge before Joe Biden assumes office as the next president of...
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