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 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... -
June 07,2020Tehran stocks experienced one of its best days on Sunday climbing more than 4.4% as sentiments were boosted by new government pledges to support the market. The benchmark of Tehran Stock...
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June 07,2020The government’s decision to offer its stakes in several companies in the stock market and allow the so-called ‘Justice Shares’ to be tradable saved the bourse from a potential bubble burst, says...
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June 07,2020Association of Bureaux de Change Operators of Iran has required authorized moneychangers to keep a record of their daily operations in the central bank-affiliated SANA system and Nima platforms,...
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June 06,2020The price of Emami gold coin fell by 2.2% on Saturday in Tehran after posting a near permanent increase for weeks. According to the Tehran Gold and Jewelry Union website, the coin was sold at 72....
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June 06,2020Transactions processed by Iran’s electronic payment network (Shaparak) shot up in the last calendar month to May 20 as businesses gradually opened after lockdowns over the coronavirus pandemic...
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June 06,2020In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new US...
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June 06,2020The benchmark of Tehran Stock Exchange moved to new highs at the start of trading week on Saturday amid renewed investor sentiments toward the market’s future. TSE’s main gauge, TEDPIX, gained 40...
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June 05,2020Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates. "Pumping forex into the market...
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June 05,2020Brokerage firms processed 7,024 trillion rials ($41 billion) in stock market deals in the first two months of the current fiscal year (March 20 to May 20), around 40% of which was handled by four...
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June 05,2020In the first Central Bank of Iran auction of Islamic bonds on Tuesday, the government generated 51 trillion rials ($300 million). The move to open a primary interbank market for bond auctions is a...
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June 05,2020The remarkable performance of Iran’s share market in recent months can attract foreign investors, the deputy foreign minister for economic affairs said. In a review of the Foreign Ministry’s...
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June 01,2020The Monetary and Banking Research Institute has proposed a series of proposals to supplement previous measures to cope with negative impact of Covid-19 on the economy. While the virus dislodges...
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June 01,2020The main gauge of Tehran Stock Exchange climbed more than 1.8% on Monday adding 17,708 points to stand at 988,188 points, drawing closer to the 1,000,000 milestone. Despite the rally, which was...
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June 01,2020Mehr Eghtesad Bank officially merged with Bank Sepah on Monday, becoming the second military-affiliated bank in Iran to merge with the state-owned Sepah.
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May 31,2020The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.
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May 31,2020Tehran’s stock market went through two different trading versions on Sunday, with the benchmark of Tehran Stock Exchange rising nearly 14,000 points in early hours of trading before sliding into...
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May 31,2020Seventeen out of Tehran’s 320 neighborhoods (constituting about 5%) account for 52% of total home deals in the capital city, says an official with Bank Maskan, the state’s agent bank for the...
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May 31,2020Bank Maskan, the main housing lender intends to raise funds from the bond market to be able to help a bigger number of first-time homebuyers. According to IBENA, the news agency of the Monetary...
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May 31,2020The Central Bank of Iran said it will implement more aspects of open market operation that involves regulating the borrowing of lenders from the CBI by obliging them to put up enough collateral...
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May 31,2020With share prices touching support levels after nearly two weeks of correction as shown in the technical analysis, signs of recovery that reappeared Wednesday turned into a full rally at the start...
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May 31,2020Bank Hekmat Iranian, a private lender affiliated to the Army, officially merged with the state-owned Bank Sepah following an extraordinary meeting on Saturday. "Bank Hekmat Iranian is now the...
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May 31,2020Economists of all stripes have voiced strong reservations about central bank’s bold decision to set an inflation target of 22%. This, they say, is subject to conditions which if not realized would...
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May 29,2020The Trade Promotion Organization of Iran has created a special integrated platform for receiving and processing loan applications from exporters who want to use export credit from the National...
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May 29,2020The coronavirus has stoked concerns about losing one’s savings as more people entered the housing market in the month ending May 20 to register an 809.9% rise in home deals compared with the...
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