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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January 11,2019The Central Bank of Iran has sent a directive to banks and credit institutions obliging agent banks to accept Islamic bonds as collateral from contractors of development projects. The measure... -
January 09,2019Rules for launching an official foreign exchange market were approved by the Money and Credit Council - a top financial decision-making body headed by the governor of Central Bank of Iran. ...
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January 09,2019As Iranian businesses were reeling from the previous round of US sanctions -- scrapped as part of the historic 2015 nuclear deal -- little did they know that something more problematic was around...
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January 09,2019Tose'e Etemad Mobin, parent company of Telecommunication Company of Iran, is to issue 5 trillion rials ($46 million) worth of equity-based Ijarah sukuk on Iran Fara Bourse (an over counter market...
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January 09,2019A total of 34.3 million tons of iron ore concentrate were produced in Iran during the nine months to December 21 to register 22% growth compared to last year's similar period. According to the...
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January 08,2019The Tehran Stock Exchange has released an analysis comparing the fiscal 2018-19 budget with a year before and budgetary forecast on the capital market performance for the year ahead. It says the...
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January 08,2019Major Iranian steelmakers exported a total of 4.36 million tons of semi-finished and finished steel products during the nine months to Dec. 21 to register a year-on-year decline of 15%, latest data...
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January 08,2019A rally in Iranian stocks picked up pace on Tuesday, following the lead of commodity shares as nine-monthly reports of refinery, petrochemical and metals companies was interpreted by investors as a...
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January 08,2019Businesses received entrepreneurship awards on Tuesday at the third Amin al-Zarb Awards ceremony organized by Tehran Chamber of Commerce, Industries, Mines and Agriculture. The Amin al-Zarb Badge...
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January 07,2019The governor of Central Bank of Iran says the initiative to remove four zeros from the national currency will take up two years because first the legal and technical infrastructure must be in place...
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January 06,2019Iran Chamber of Commerce, Industries, Mines, and Agriculture in a notice called on exporters to keep on repatriating their currency earning on Integrated Forex Deals System, locally known as Nima...
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January 07,2019Head of the Supreme Council of Iran’s Free Trade Zones said Monday the rules and regulations for launching an international bourse have been written and sent to economic commission of the...
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January 07,2019Housing facilities allocated during the first eight months of the current fiscal year (March 21-Nov. 21) increased by 30% compared with the same period of last year, the managing director of Bank...
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January 06,2019Close to €22 billion was allocated by the Central Bank of Iran for import of essential goods during the first nine months of the current fiscal (March 21- December 21). According to the CBI...
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January 07,2019The First National Summit and Exhibition of Iran Steel opened at Tehran’s Milad Tower on Monday. Organized by Iranian Steel Producers Association, the event is focused on localization, technology...
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January 06,2019Governor of the Central Bank of Iran Abdolnaser Hemmati said Sunday the regulator has proposed to the government lopping off four zeros from the rial. In a meeting with a group of lawmakers,...
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January 06,2019Fitch, the global ratings agency has predicted that Iran's insurance sector will record an average of 15% growth a year in the next five years, as the partial easing of sanctions against the market...
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January 05,2019Tehran Stock Exchange’s main index TEDPIX gained 208.54 points or 0.13% on Saturday to end trading at 161,107.4. More than 1.8 billion shares valued at 4.27 trillion rials ($39.93 million)...
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January 05,2019The Expediency Council, a powerful body that resolves disputes between parliament and a watchdog body, the Guardian Council, on Saturday approved the amendment to Combating Money Laundering Law on...
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January 04,2019While most stock exchanges around the world closed 2018 in the red, Tehran Stock Exchange was ranked the top-performing stock market in Asia. According to Security and Exchange News Agency, among...
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January 04,2019Proposed funding in the next year budget plan for the principal amount and interest on bonds issued the by government in the current fiscal (ends March 2019) is 304 trillion rials ($2.8 billion...
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January 02,2019Electronic payment network locally known as Shaparak processed an estimated 1.795 million transactions worth 2.2 quadrillion rials ($21 billion) during the Iranian month of Aban (Oct. 23-Nov. 21),...
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January 02,2019President Hassan Rouhani on Wednesday struck an upbeat tone on the economy saying employment for the first time reached close to 24 million in the third quarter to November 22. Addressing a...
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January 02,2019In next year's proposed budget the government is allowed to securitize up to 200 trillion rials ($2 billion) of its debts to banks. This is as per the provisions of Note 5 of the budget bill and...
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January 01,2019In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to "the country's economic cycle'' as their three-month deadline comes to an end. The...
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