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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May 08,2019Following three bear market sessions, the Tehran Stock Exchange on Wednesday turned bullish amid rising investor demand for big shares. The main index of TSE, TEDPIX, pared some of its earlier... -
May 07,2019The Statistical Center of Iran has published its latest report on Tehran’s home and land prices in addition to rents, which indicates a significant increase during the fourth quarter of the last...
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May 07,2019The CEO of Iran Mercantile Exchange says the gold coin futures market will resume in the near future after a short hiatus. Hamed Soltaninejad said new gold coin futures have improved to be...
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May 07,2019Massive selloff, the market’s corrective response to earlier gains, and a bearish global market pulled the main gauge of Tehran Stock Exchange down on Tuesday to record another fall in the third...
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May 06,2019If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and openness...
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May 06,2019Members of the European financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iranian counterpart will join talks between Iran and the five signatories of...
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May 06,2019India’s government is holding talks with a new bank to facilitate trade with Iran and process Iran/India transactions. The new bank is set to work in tandem with UCO bank, according to Gaddam...
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May 06,2019After a moderate decline in the main gauge of the Tehran Stock Exchange on Sunday, TEDPIX pared its earlier gains on Monday to record its most drastic fall in the past seven months. The TEDPIX...
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May 05,2019The value of exchange-traded funds stood at 254.4 trillion rials ($1.7 billion) at the end of the first month (March 21-April 20) of the current fiscal, according to the Central Securities...
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May 05,2019Lawmakers on Sunday decided to look into the performance of the Central Bank of Iran during the past five years. The bank’s seemingly poor performance in regulating the currency market and the...
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May 05,2019An update on licensed currency exchange shops shows their number has increased from 419 in the 2017-18 fiscal to 692 in the current year that started on March 21.
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May 05,2019After seven consecutive rallies, Tehran Stock Exchange turned bearish on Sunday and its main index, TEDPIX, shed 532 points to close trading at 224,057 points and enter a correction phase. ...
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May 04,2019Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex Deal System, locally known as Nima, the Central Bank of Iran reported. Nima is a...
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May 04,2019The share of life insurance in the overall portfolio of the Iranian insurance industry is meager which has reduced the overall penetration rate of insurance cover in the country of 80 million...
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May 04,2019After consecutive rallies last week, TSE continued to soar Saturday and added another 4,480 points to its benchmark to wrap up trading at 224,589 points. Stocks in bank, auto, tire and IT...
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May 03,2019Amid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in international gold prices. The US dollar briefly climbed above the resistance level of 145...
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May 03,2019Iran’s floor area per person has increased to 27 square meters to equal that of Germany and France, up from 25 square meters in the fiscal 2006-7. The figures are lower than in Egypt, Morocco,...
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May 03,2019Governor of the Central Bank of Iran has outlined six monetary and banking plans to help fend off the new US economic sanctions. Abdolnasser Hemmati in an Instagram post Friday said the CBI is...
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May 03,2019Banks and credit institutions continue to reduce their local branches in the past three months, although the overall cuts are not significant, IBENA reported. A total of 23,395 branches of banks...
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May 01,2019The value of trade in the Iran Energy Exchange (IRENEX) touched 171 trillion rials ($ 1.17 billion) in the last fiscal (ended March 20) – up 126% compared to the year before, the IRENEX boss said...
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May 01,2019The CEO of a newly registered Iranian reciprocal company for trade with Europe says the company is ready to launch its first trade with Europe, according to a notice on the Central Bank of Iran...
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May 01,2019The general price index of construction materials for residential units in Tehran rose 59.7% during the fourth quarter of the last fiscal year (ended March 20, 2019), compared with the preceding...
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May 01,2019With the stock market making new inroads, the main index of the Tehran Stock Exchange for the first time climbed above 220,000 points on Wednesday to close the trading week 1.6% higher. ...
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April 30,2019Iran's banks lent more than 7,737 trillion rials ($51.7 billion) in the previous fiscal (ended March 20). The amount was up 26% compared to the year before. A report released by the Central Bank...
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April 30,2019A mirror Iranian company has been founded to partner with the European trade mechanism, known as Instrument in Support of Trade Exchanges (INSTEX). The Special Trade and Finance Institute (STFI...
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