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 09,2019The National Development Fund of Iran, the country’s sovereign wealth fund, has signed a contract with the Export Development Bank of Iran to augment development projects worth $230 million. -
June 09,2019Currency rates are declining and have hit the lowest level Sunday compared to the past three months following mixed economic and political developments in and outside Iran. The rial clawed back...
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June 09,2019The main gauge of Tehran Stock Exchange which was hampered by petrochemical sanctions to continue its previous rallies on Saturday, climbed 1.3% on Sunday to hit an all time record of 229,800...
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June 08,2019Banks lent 342 trillion rials ($2.55 billion) during the first month of the current fiscal (March 21-April 20). The amount indicates 32.9% growth compared to the corresponding period in the last...
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June 08,2019The Instrument in Support of Trade Exchanges, known as INSTEX, a European Union mechanism for financial settlements with Iran, is failing to gain momentum, Russia’s permanent envoy to the EU,...
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June 08,2019Taxing gold coins should not push up prices of the yellow metal because the tax is to be levied on wholesalers who pre-purchased coins from the Central Bank of Iran, says the president of the...
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June 07,2019Heads of the central banks of South Korea and Iran met in Seoul to discuss banking hurdles between the two sides and find workable solutions. In meetings with South Korean officials, the governor...
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June 07,2019The governor of the Central Bank of Iran says the main function of the open market operation is to help fight inflation by regulating short-term interest rates in the interbank market. In an...
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June 02,2019Out of 340.6 million cards issued by banks more than 96.9 million, including debit cards, credit cards and gift cards, conducted at least one transaction during the first month (March 21-April 20)...
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June 02,2019Banks have given 5.5 trillion rials ($40 million) to help compensate losses in flood-stricken areas, according to the data released by the Industries Ministry. Bank Refah allocated 1.7 trillion...
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June 02,2019According to data published by the Tehran Stock Exchange, five brokerage firms accounted for more than 27.1% of total trade in the capital market during the first two months (March 21-May 20) of...
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June 02,2019Two 2 million barrels of natural gas condensate is on offer at discounted prices in the international ring of the Iran Energy Exchange today (Monday).
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June 01,2019Restrictions on foreign currency trade by authorized exchange bureaus have pushed people towards the black market, chief of the founding board of Association of Bureaux de Change Operators of Iran...
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June 01,2019Home prices in Tehran increased while the number of property deals declined in the second month of the current Iranian year, which ended on May 21, according to the Central Bank of Iran. Data...
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June 01,2019The Industries Ministry has no plan for now to distribute essential goods via electronic coupons, the deputy minister for domestic trade said. “As there is no shortage of [essential] goods in the...
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June 01,2019Tehran Stock Exchange led a bear market in the first day of the trading week on Saturday influenced by decline in international bourses and crude oil prices. TSE trade featured a massive sell-off...
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May 31,2019Governor of the Central Bank of Iran says despite the United States declared policy of maximum pressure to hurt Iran’s economy, the country has devised ways to access its foreign earnings. ...
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May 31,2019A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture has cast doubt on the efficacy of the new export earning repartition rules and urged the Central Bank of Iran to bear...
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May 29,2019The parliament plans to investigate the foreign exchange policy of the Central Bank of Iran during the last fiscal year that ended in March, says head of the Majlis Economic Commission. ...
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May 29,2019Currency rates continued to descend in markets across the country on Wednesday as businesses took some relief from weeks of political bickering in the region.
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May 29,2019Government shares, or whatever still remains, in 18 companies will soon be offered on the stock market, an official with Iran Privatization Organization said on Wednesday. Jafar Sobhani, an...
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May 29,2019In a meeting with South Korean Ambassador Ryu Jeong-hyun, the governor of the Central Bank of Iran faulted banks in that country for blocking Iranian assets and creating financial difficulties for...
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May 28,2019The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture has again urged the government to scrap the controversial subsidized currency policy and focus on creating the long-delayed...
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May 28,2019About 5.4 million checks worth an estimated 541 trillion rials ($3.82 billion) were transacted in the first month (March 21-April 21) of the current fiscal, of which almost 525,000 were bad checks...
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May 28,2019After a remarkable rebound on Saturday, the main gauge of Tehran Stock Exchange continued to extend gains Tuesday as investors took a buying position in a wide range of stocks. The market was in...
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