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 01,2021Tehran stocks opened on a strong note on Monday, partly recovering heavy losses in the past two sessions buoyed by hopes that imminent government measures may lift share prices. The benchmark of... -
November 01,2021The economy minister said the relevant administrative bodies have agreed to do all that is needed to support the struggling stock market. The ministries of industry and oil along with the...
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October 31,2021Sell-side pressure that has swept across Tehran’s battered share market in the past several months, gained momentum on Sunday further wrecking share prices. The unceasing pressure from sellers...
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October 31,2021Head of Supervision Department of Securities and Exchange Organization denied reports that investment funds are pouring resources into government bonds.
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October 31,2021The Central Bank of Iran says savers have become more inclined to put their money in banks for longer periods and term deposits are growing at a faster pace. While term deposits lagged behind...
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October 31,2021Use of credit cards increased in the month to Sept 22 by 27.12% to 380,388, according to data released by Shaparak Company, the state body in charge of supervising the national e-payment network....
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October 31,2021Board members of the Securities and Exchange Organization approved a plan that enables investors in the Iran Mercantile Exchange and the Iran Energy Exchange to engage in block trade.
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October 30,2021Interbank rates continue to rise climbing to 20.31% as of Thursday, the Central Bank of Iran said. Rates have been of the ascending order since late August rising from 18.29% and now are the...
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October 30,2021Tehran stocks opened trading week Saturday again lower amid panic selling and the uninterrupted outflow of liquidity by retail investors. The main gauge of Tehran Stock Exchange, TEDPIX, lost 18...
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October 30,2021Domestic passenger traffic in Iranian airports saw year-on-year growth of 8% during the first six months of the current Iranian year (March 21-Sept. 22), as 11.96 million passengers were flown...
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October 30,2021The Central Insurance company of Iran, the regulatory body of the sector, is working on a plan to offer insurance cover for bank card holders. Gholamreza Soleimani, the CII head, says the plan...
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October 30,2021The Governor of the Central Bank of Iran Ali Salehabadi says foreign currency revenue of the bank has increased in recent months and improved its leverage to curb volatility in the forex market...
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October 30,2021Date released by the Central Bank of Iran show the reserve requirement of banks increased more than twofold in three years. The legal reserves rose from 154 trillion rials ($570 million) in...
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October 30,2021While Tehran stocks closed most trading sessions last week uneventful, the benchmark of Tehran Stock Exchange, TEDPIX, lost almost 3% in the week.
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October 30,2021The CEO of an Iranian cryptocurrency exchange claims that domestic platforms account for the majority of transactions by traders in the country. "Iranians’ daily crypto transactions is estimated...
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October 27,2021An estimated 7.22 million tons of goods worth 533 trillion rials ($1.9 billion) were traded in the spot market of the Iran Mercantile Exchange in the last calendar month ending Oct 22. Compared to...
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October 27,2021Banks gave 198.9 trillion rials ($730 million) to 857 knowledge-based companies in new credit and loans in the first half of current fiscal year (March 21-Sept 22). The lending was 102.6% higher...
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October 27,2021The prosecutor-general’s office has banned the release of seized hardware used by unauthorized cryptominers until laws are passed by the Majlis on how to deal with the illegal miners.
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October 27,2021Tehran’s share market closed trade on Wednesday in positive territory as higher currency prices stimulated demand for commodity shares. The benchmark of Tehran Stock Exchange, TEDPIX, gained 9,475...
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October 26,2021The benchmark of Tehran Stock Exchange, TEDPIX, closed Tuesday near the flat-line barely adding 336.3 points or 0.02% to end trade at 1,384,469. Unlike TEDPIX, which is driven mainly by the...
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October 26,2021Insurance companies' income from transportation industry saw considerable growth in the last decade despite the challenges and restrictions faced by businesses. The Central Insurance company of...
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October 26,2021The capital market’s role in the economy declined in the first six months of the current fiscal year (March 21-Sept 22) as the bear market drags on. Data released by the Securities and Exchange...
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October 26,2021Persian Gulf Petrochemical Industries Company is to set up an investment bank and has issued a subscription notice to sell shares before an initial public offering. Iran Fara Bourse website said...
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October 25,2021The government's plan to eliminate forex subsidies will not be implemented this month despite insistence from several quarters. The subsidized foreign currency policy ($1=42,000 rials), which came...
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October 25,2021The managing director of the Securities and Exchange Organization Majid Eshqi and CEO of Iran Khodro (IKCO) Farshad Moqimi reviewed plans to end mandatory pricing in the key auto sector. The...
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