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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June 26,2022The secretary of Iran's High Council of Free Trade Zones said the Central Bank of Iran has okayed opening of an offshore bank in Kish Island Free Trade Zone. "We have got permission from the... -
June 26,2022While forex rates advanced at the end of last week, the trend paused on Saturday apparently due to unexpected political developments and cautious optimism. The market was relatively stable in the...
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June 26,2022The Securities and Exchange Organization (SEO) has announced the articles of association for setting up guaranteed investment funds. The funds are designed to encourage indirect investment by...
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June 26,2022The Central Insurance company of Iran, the industry’s regulator, has denied claims that it plans to create a monopoly in the online insurance market. Last week the CII posted a statement on its...
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June 25,2022Net capital outflow by retail investors amounted to 22.42 trillion rials ($72.3 million) in five trading sessions in the preceding Iranian week that ends on Wednesday. This was almost a three-fold...
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June 24,2022Iran Power Generation, Transmission and Distribution Company (Tavanir) has again told all cryptocurrency miners to suspend work during the three summer months. Mostafa Rajabi Mashhadi, the company...
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June 24,2022Check transactions rose sharply on a monthly basis in the second calendar month to May 21 after posting steep decline a month earlier. The number of issued checks jumped 20.9% to reach 6.3...
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June 24,2022A report by the Monetary and Banking Research Institute (MBRI) showed a fifth consecutive decline in output of manufacturing companies listed in the stock market. It reflected on the monthly...
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June 23,2022Fixed income investors purchased 19.6 trillion rials ($63 million) bonds issued by the government at the fifth weekly bond auction. Bond auctions are held every week to raise funds for the...
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June 23,2022The Central Bank of Iran Wednesday launched its regulatory sandbox to address regulatory challenges faced by the bank and financial startups. Speaking at the unveiling ceremony at the CBI head...
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June 23,2022President Ebrahim Raisi has called on the Central Bank of Iran to take early action to bring dysfunctional banks and credit institutions into line. “Drawing on existing legislation, the CBI must...
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June 23,2022Tehran stocks closed the week Wednesday in negative territory as capital continued to flow out the distressed share market. The main index of Tehran Stock Exchange, TEDPIX, lost 6,237 points or 0...
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June 22,2022The Export Guarantee Fund of Iran, the Trade Promotion Organization, Iran Insurance Company and Saba Business Development Holdings on Tuesday signed an agreement to help reduce risks of foreign...
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June 22,2022Total funding made available through the capital market amounted to 365 trillion rials ($1.1 billion) in in the first two months of current fiscal year (March 21- May 20). This was 9.7% lower on...
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June 22,2022Tehran stocks ended lower Tuesday amid persistent capital outflow by retail investors and a steep decline in value of deals. The benchmark of Tehran Stock Exchange, TEDPIX, lost 7,615.55 points...
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June 22,2022An estimated 190,000 newlyweds borrowed 255 trillion rials ($822 million) from banks since the beginning of the current fiscal year in March until June 21, the Central Bank of Iran said. In...
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June 21,2022The Plan and Budget Organization (PBO) has defended the government’s decision to end its forex subsidy policy basic imports. In a statement released Monday the PBO responded to a group of 61...
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June 21,2022Tehran’s share market closed near the flatline for the second straight session on Monday. The benchmark of Tehran Stock Exchange, gained 1,284.69 points or 0.08% to end trade at 1,547,247....
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June 21,2022The Iran Fintech Association, a private society supporting fintech startups, has strongly criticized the Central Insurance company of Iran (CII) for promoting monopoly in the online insurance...
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June 20,2022Raising the daily price spread in the share market is not on the agenda of the market regulator, managing director of Iran Fara Bourse, the junior equities exchange, said. Meisam Fadaee told a...
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June 19,2022A new report by the Iran e-payment network, known as Shaparak, says major payment service providers have maintained their lead in the growing market. It said Saman Electronic Payment (SEP)...
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June 20,2022Tehran stocks were choppy Sunday moving into negative territory in the late hours of trade. The main gauge of Tehran Stock Exchange, TEDPIX, ended slightly below the flatline, losing 1,775.26...
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June 19,2022Data released by the Central Bank of Iran show that the average annual interbank rates picked up in the last fiscal year (March 2021-22) but it was relatively stable. The average interbank...
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June 19,2022The Central Insurance company of Iran (CII), the industry’s regulator, is concentrating on promoting specialized insurance companies. Speaking to board members of Iran Insurers' Syndicate, Majid...
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June 19,2022The Majlis Research Center (MRC), the think tank of the parliament, has released the draft of a bill to reform the capital market law and called on experts to comment on its provisions. The bill...
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