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.
April 21, 2021 21:55
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March 09,2021The Central Bank of Iran in a report assessed the role of open market operations in monetary policy and "modifying interest rates" and "controlling money supply" in the last calendar month ending... -
March 09,2021With the fiscal year drawing to a close the stock market regulator has expedited its listing process giving a nod to two new companies to hold IPO on Wednesday. IPOs were put on hold for weeks due...
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March 07,2021Sell-off pressure eased in the early hours of Sunday in Tehran's share market as demand for commodity stocks outweighed supply. The large caps rally pushed up the main gauge of Tehran Stock...
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March 07,2021Central Bank of Iran has inactivated 2.5 million POS terminals across the country based on newly-passed tax regulations for POS terminals. Mehran Maharamian, the CBI deputy for innovative...
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March 07,2021The central bank governor says provisions of the March 2021-22) are likely to keep the money-printing presses busier and expand the money supply. In a note on the CBI website, Abdolnasser Hemmati...
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March 07,2021The Majlis has allowed the government to allocate a maximum 5% of its earnings from divesting shares in the bourse to market makers. The decision was made in an amendment to the 2021-22 fiscal...
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March 06,2021The domestic bullion market opened lower on Saturday influenced by the downside in international gold markets. The Emami gold coin was traded as low as 103.5 million rials losing 4.5 million...
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March 06,2021Tehran’s stock market opened trading week Saturday under renewed sell-side pressure. The main index of the Tehran Stock Exchange, TEDPIX, lost 8,192.41 points or 0.7% to end trading at 1,169,724...
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March 06,2021A review of electronic transactions processed during the last calendar month (Jan. 20 - Feb.18) showed that businesses have almost returned to the pre-COVID era in both the volume and value of...
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March 05,2021The Central Bank of Iran says decline in inflation expectation and relative stability in financial markets obviates the need for higher interest rates. Abdolnasser Hemmati, the CBI boss, in a...
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March 05,2021Banks and credit institutions paid 13,959.9 trillion rials ($55.8 billion) in loans to businesses in ten months since the beginning of current fiscal year that ends on March 20. The amount was up...
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March 05,2021The Iranian Fintech Association, a non-government body formed by fintech startups, has responded to measures announced by the Central Bank of Iran to block payment gateways of cryptocurrency...
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March 04,2021The Securities and Exchange Organization plans to tap the Capital Market Stabilization Fund to support retail investors. According to Mohsen Khodabakhsh, SEO's deputy for supervision on exchanges...
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March 04,2021During the latest round of bond auctions held by the Central Bank of Iran this week, the government sold bonds worth 30.3 trillion ($121 million). This week's auction featured a bigger...
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March 04,2021The parliament has approved parts of the fiscal 2021-22 budget bills, based on which newlywed couples can receive marriage loans worth up to 1 billion rials ($4,000) next year. Lawmakers on...
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March 04,2021After a brief hiatus, sell-side pressure resumed on Iran's stock market at the close of trading week on Wednesday.
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March 04,2021Expediency Council, the top body in charge of settling legislative disputes, has asked the government to provide it with documents to clarify ambiguities concerning requirements mandated by the...
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March 03,2021Shares can be used as collateral in banks and credit institutions to receive loans, said the head of Central Securities Depository of Iran. “The facility was previously offered only to...
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March 03,2021Eking out small gains, Tehran Stock Market on Tuesday bucked a declining trend that lasted for 11 consecutive sessions. Spurred by a price increase in a few large cap shares, the main gauge of...
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March 03,2021Foreign exchange rates and gold coin prices declined on Tuesday in Tehran’s market, after posting gains on Monday. Each US dollar was traded at 251,480 rials in Tehran’s free market, marking a...
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March 03,2021The Amin al-Zarb Awards ceremony was held on Tuesday in a ceremony attended by entrepreneurs, business owners and government officials. Marking the fifth such ceremony, the event is organized...
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March 02,2021After a choppy trade on Monday, the main index of Tehran Stock Exchange, TEDPIX, lost 3,944.50 points, or 0.33% to end trading at 1,181,659.
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March 02,2021The specialized and commercial Iranian banks were allowed by Majlis to extend financial facilities worth a maximum $3 billion to finance development plans and key infrastructures. The decision is...
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March 02,2021Foreign exchange rates and gold coin prices started rising on Monday, mostly under the influence of political developments, such as the recent partial release of Iran's frozen assets in South Korea...
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March 02,2021Fixed income investment funds are henceforth obliged to allot a bigger portion of their portfolios to stocks and proportionately reduce the quota for investment in bonds. The new move is in line...
