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 01,2021The Central Bank of Iran has sent the details of 450,000 bank cards used in online betting and gambling websites to the judiciary, in line with measures for combating online casinos. "These cases... -
March 01,2021Trade turnover at Iran Mercantile Exchange reached 3,080 trillion rials ($12.3 billion) in the first 11 months of the current fiscal year ending Feb.18. The figure registered a 103% growth...
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March 01,2021Stocks have continued to post losses in the 10th consecutive session on Sunday, as the value of unprocessed sale orders mounts and liquidity of shares still pose a challenge for investors. The...
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March 01,2021The Central Bank of Iran has extended banking restrictions aimed at avoiding congestion in bank branches in line with broader measures to contain the spread of Covid-19. According to a notice...
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February 28,2021The High Council of Insurance, the top regulatory body of Iran’s insurance industry, has approved a proposal for establishing a reinsurance company.
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February 28,2021Iran's e-payment network regulator, Shaparak, suspended operations of 400,000 online payment gateways and point-of-sale (POS) terminals in the past few weeks. The crackdown was in line with...
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February 28,2021Head of the Trade Bank of Iraq and the governor of the Central Bank of Iran Saturday discussed ways on how Iran could access its forex assets blocked in the neighboring country. The CBI boss...
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February 28,2021Tehran stocks opened trading week on Saturday under sell side pressure in a broad range of share categories, extending a long losing streak since mid-February. The main gauge of Tehran Stock...
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February 28,2021Governor of Central Bank of Iran Abdolnasser Hemmati says the regulator is steadfast in the belief that market forces should determine forex rates. "The central bank has a strong conviction that...
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February 27,2021Washington has reportedly agreed in principle on the partial transfer of Iranian funds held by South Korean banks under US sanctions to Switzerland.
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February 27,2021After an unprecedented upsurge a month earlier, the number of bad checks reversed course in the month to January 19 posting decline in number and value. The number of bounced checks was 678,...
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February 27,2021An initial public offering by Opal Kani Pars Mineral Processing Company was not received well by investors on Wednesday as the number of retail participants declined by almost half. Unlike most...
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February 24,2021Iranian assets locked in South Korea will be released after consultations with the United States, the foreign ministry in Seoul said Tuesday, after Iran said it had reached a deal with Seoul on how...
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February 24,2021Sell-side pressure in Tehran's share market partially eased Tuesday as seen in the noticeable increase in the value of trade and rise in buyers of large caps. Despite high demand in the late...
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February 24,2021The Majlis on Tuesday accepted sections of the March 2020-2021 budget bill related to ways and means the government and state-run companies can raise funds via the debt market. As per the...
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February 24,2021Currency and gold prices jumped in Tehranon Tuesday amid renewed political sensitivities and sense of uncertainty in financial markets. The US dollar rose 1.6% to finish the day at 249,000 rials...
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February 24,2021The Trade Promotion Organization of Iran plans to allocate €200 million to promote exports to African countries. Farzad Piltan, head of TPO's Arab-African Department, said the funding will be...
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February 22,2021The Majlis on Monday restricted the government’s ability to use subsidized foreign currency for importing basic goods in the next fiscal year that begins in March. Reviewing the next budget bill,...
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February 22,2021Iran and South Korea have reached an agreement on using "a part" of Iran’s foreign currency assets frozen in the Asian country. The agreement was reached in a meeting between the governor of...
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February 22,2021Tehran's currency market was almost stable Monday as foreign exchange rates were unchanged. The dollar traded for 245,000 rials in the free market, posting 1,000 rials or 0.41% decline compared...
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February 22,2021Extending a weeklong losing streak, trade in Tehran's share market slumped on Monday with investors struggling to cash their stocks. The main index of Tehran Stock Exchange, TEDPIX, lost 8,113...
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February 21,2021The Statistical Center of Iran has published its latest report on the capital city Tehran’s real-estate and property market during the third quarter of the current Iranian year (Sept. 22-Dec. 20,...
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February 21,2021Iranian insurance companies paid 94.25 trillion rials ($348.6 million) in medical claims in the first ten months of the current fiscal year that ends in March, posting 29.14% increase compared to...
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February 21,2021Tehran stocks extended a losing streak that started last Monday into the fifth session on Sunday as share offers by nervous investors far outweighed demand. The main index of Tehran Stock...
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February 20,2021Economic sectors benefited from the capital market to the tune of 3,030 trillion rials ($12 billion) in the first ten months of the current fiscal year that ends in March. This was more than...
