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 15,2020To fight rampant tax evasion and fraud, the Iranian National Tax Administration will henceforth focus on the minority taxpayers who indeed are liable for the majority of unpaid taxes, head of INTA... -
June 15,2020The Central Bank of Iran wants to revise the current system of debit and credit card fees, head of Iran Kish Credit Card Company, one of the twelve authorized payment service providers said. "The...
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June 15,2020The Statistical Center of Iran has published its latest report on home and land prices as well as rents in urban areas across the country during the fourth quarter of the last Iranian year (Dec. 22...
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June 15,2020The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion) when the fiscal year ended in the third week of March. Broad money grew by 5,893.5...
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June 15,2020The main gauge of Tehran Stock Exchange, TEDPIX, shed 4,481 points on Sunday and dipped 0.38% to end trading session at 1,185,376 points. Sell-offs largely hit shares of big listed companies,...
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June 13,2020Tehran stocks opened trading week Saturday on a strong note as demand remained high for a range of large cap stocks particularly in refinery, base metals and bank groups. The market-cap weighted...
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June 13,2020Foreign exchange trade in the secondary market, known as Nima, declined significantly in three months since the beginning of the current fiscal year (March 20) up to June 13 compared to the similar...
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June 13,2020The Central Insurance company of Iran in charge of regulating the industry, has released a report on the performance of the key sector in the previous fiscal year (March 2019-2020) saying insurers...
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June 12,2020Many of the people seeking to buy a home but can’t afford it in Tehran opt for one in surrounding cities. However, the price hikes of the past two years and the rise in demand for housing in other...
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June 12,2020Iran Insurance Company, the largest and the only state-owned insurance company on Wednesday unveiled a new platform allowing personal auto policyholders to file claims online.
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June 12,2020Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehran’s open market. One euro fetched 203,000 rials and the UK pound sterling...
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June 12,2020Close to 1.24 million trading codes were issued for investors since the beginning of the current fiscal year (March 20) up until mid-June. Upsurge in the number of investors during the...
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June 12,2020A survey of Iran’s interbank market in the past 10 years shows that it was steady from 2008 to 2014 in terms of both volume and value of deals before rising sharply from 2015 onwards The value of...
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June 10,2020With stock market indicators heading upward at a regular pace and fresh money pouring in the bourse from an ever-increasing number of investors, the Majlis Research Center stressed the need to take...
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June 10,2020Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its US ally and illegally withholding funds...
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June 10,2020Tehran Stock Exchange closed Wednesday’s session 3.18% higher, with its main gauge, TEDPIX, gaining 35,561 points to close trading week at an all-time high of 1,153,679 points. The rally came...
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June 09,2020The CBI said Tuesday 49 trillion rials ($288 million) worth of government bonds were sold to banks on Tuesday in the second round of bond auctions organized by the Central Bank of Iran.
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June 09,2020The Government-Private Sector Dialogue Council on Tuesday approved seven proposals out of nine to ease rules and procedures for repatriation of exporters’ overseas earnings and help promote the key...
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June 09,2020Credit cards seem to be gaining traction among Iranians. The total number of active credit cards is close to 80,000. However, comparing this number to the previous month shows 121.13% growth.
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June 09,2020Close to 50% of the population in Iranian metropolises are living in rented homes, a deputy roads and urban development minister said. Mahmoud Mahmoudzadeh added that findings of the National...
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June 09,2020After rising more than 1% at the opening of trade, Tehran stocks closed Tuesday’s session near a flatline as sell-off pressure mounted in the final hours of the session. The main index of Tehran...
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June 08,2020After sold gains in four previous sessions, Tehran stocks appeared lukewarm on Monday as investors were more inclined to sell and save gains. The main index of Tehran Stock Exchange, TEDPIX,...
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June 08,2020Deposits in banks and credit institutions increased by more than 5,500 trillion rials ($32.3 billion) in one year ending Feb 19, indicating 27.5% rise compared to the corresponding period a year...
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June 08,2020The Purchasing Managers' Index in the second month of the current fiscal year (April 20-May 20) settled at 60.55 from 18.75 in the preceding month (March 20-April 19), showing signs of recovery...
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June 08,2020Iranian exporters’ difficulties in getting paid by their foreign buyers is a major risk to their business, says the managing director of Export Guarantee Fund of Iran. Pointing to the dire...
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