Iran Energy Exchange launched a new financial instrument on Sunday enabling investors to buy securities with crude oil and gas condensates as underlying assets.
Business And Markets
<p>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.</p>
Government bonds were bought this week again by institutional investors as banks and credit institutions kept their distance. Bond auctions are held by the Central Bank of Iran on behalf of the…
Tehran Stock Exchange's main index, TEDPIX, lost 872.45 points or 0.05% on Saturday to end at 1,816,739.77. The TSE equal-weighted index gained 0.66%. About 17.44 billion shares worth 123.08…
An estimated 3.74 billion retail transactions were logged by the domestic electronic payment network Shaparak in the eleventh month of the calendar year to Feb 22. Overall business via the…
Tehran Stock Exchange's main index, TEDPIX, lost 10,285.44 points or 0.57% on Monday to end at 1,785,669.75 but the TSE equal-weighted index gained 0.13%. About 11.65 billion shares worth 75.5…
Head of the Majlis Economic Commission has called on the Central Bank of Iran to end the “traditional ways to control the currency market” and adopt a leading role in the market.
Since the beginning of the calendar year last March banks gave 1,650 trillion rials ($3.14 billion) loans to 1.889 million low-income applicants largely for youth marriage, childbirth and to…
The Security and Exchange Organization of Iran says it has received requests for launching sector funds in recent months, some of which are expected to be licensed soon.
Tehran Stock Exchange's main index, TEDPIX, gained 7,741.18 points or 0.43% on Sunday to end at 1,795,955.23. The TSE equal-weighted index was up 0.86%. About 12.24 billion shares worth 76.01…
Net earnings of eight state-owned banks and the Central Bank of Iran has been forecast at 3,247.7 trillion rials ($6.186 billion) in the March 2023-24 draft budget. This is 40% higher on the 2,…
The Central Insurance company of Iran (CII), the regulator of the industry, says it plans to create a special fund to help fund innovation.
Tehran Stock Exchange's main index, TEDPIX, lost 33,562.5 points or 1.84% on Saturday to end at 1,788,209.18. The TSE equal-weighted index was down 0.91%. About 13.66 billion shares worth 90.53…
The Central Bank of Iran said it has allowed all authorized moneychangers to buy the export income of mining and petrochemical companies, the secretary of the Iran Exchange Bureaus’ Association…
Iran Privatization Organization will sell the government's shares in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company (PGPIC).
Paving the way for the entry of knowledge-based companies, increasing the share of capital market in financing economic sectors and increasing the number of real estate investment funds are…
State-owned Bank Sepah will offer 17% of its shares in Omid Investment Management Group, the bank’s investment arm, in the stock market on Saturday The move comes after the Central Bank of Iran…
Government bonds were bought this week by banks, credit institutions and institutional investors. Bond auctions are held by the Central Bank of Iran on behalf of the Economy Ministry to raise…
Head of the Bank of Russia Elvira Nabiullina is due to visit Iran, ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday. "The chairman of Bank of Russia is expected to…
Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar traded at 525,000 rials on Wednesday in the open market down 2.4% on the previous day. …
Tehran Stock Exchange's main index, TEDPIX, lost 16,348.23 points or 0.89% on Wednesday to end at 1,821,771.06 and the TSE equal-weighted index dipped 0.17%. About 16.75 billion shares worth…
The Central Bank of Iran said $2 billion was supplied to the market via the newly-created Iran Center of Exchange (ICE) in the first week of its operation.
The government can raise up to 2,000 trillion rials ($4.65 billion) from bonds based on the proposed 2023-24 budget. Lawmakers this week approved the cap for government debt.
Tehran Stock Exchange's main index, TEDPIX, gained 29,046.47 points or 1.61% on Tuesday to end at 1,838,119.40. The TSE equal-weighted index was up 0.81%. About 18.79 billion shares worth 105.9…
The Majlis Research Center has proposed amendments to rules to help ease the sale of excess assets of state-owned banks.
Tehran Stock Exchange's main index, TEDPIX, gained 4,774.18 points or 0.26% on Monday to end at 1,809,073.81 but the TSE equal-weighted index lost 0.36%. About 21.56 billion shares worth 122.84…
