The CEO of Tehran Stock Exchange Ali Sahraee submitted his resignation after unregistered cryptocurrency mining equipment was discovered in the TSE premises. Reports about illegal crypto…
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>
Most Iranian insurance companies managed to improve to level 1 in the fiscal 2020-2021 fiscal year, the Central Insurance company of Iran reported. According to Risknews, except for Asmari…
New data released by the Central Bank of Iran show Tehran’s real-estate market has rallied in the sixth fiscal month (Aug. 23-Sept. 22), as both the number of sales and prices were on a growth…
Deposits in private banks reached 18,174 trillion rials ($66 billion) by the end of the fiscal year ending in March, posting 44% growth compared to the year before.
Money issuance by banks is under the stringent oversight of the Central Bank of Iran, the CBI’s head of monetary and credit operations said. In a talk with state TV, Mohammad Nadali said the…
After almost a month of relative stability, foreign exchange rates jumped Wednesday in Tehran’s open market. The dollar crossed the psychological 280,000-rial level gaining 2% or 6,000 rials,…
Tehran’s share market closed trading week Wednesday slightly higher amid unwillingness of retail investors to trade. The main index of Tehran Stock Exchange, TEDPIX, gained 4,911.37…
President Ebrahim Raisi said controlling inflation is a high-priority of his government issue and asked Central Bank of Iran to adopt appropriate monetary policy in this regard. “The CBI should…
The government’s plans to end subsidized currency for importing basic goods will expose companies to increasingly higher working capital needs. Head of the Agriculture Commission of Tehran…
To enhance financial literacy and risk management skills of university students, the Central Insurance company of Iran, the industry’s regulator, has proposed adding insurance courses to the…
Shares closed on Tuesday subtly above the flatline amid steep decline in trade amid investors’ preference to wait and see. The main index of Tehran Stock Exchange, the market cap-weighted…
Islamic sukuk issued by private companies posted substantial growth in the first half of the current fiscal year (March 21-Sep.22). Value of the corporate bonds reached 67 trillion rials…
Law Enforcement Forces (LEF) said it has blocked 30,000 bank accounts and SIM cards suspected of fraud and illegal activities.
After financial statements of Bank Melli Iran became public last week, the chief executive, Mohammad Reza Hosseinzadeh, responded to criticism and defended the performance of the lender. …
Trade at the Iran Mercantile Exchange picked up in the last calendar month ending Sep.22 thanks to large scale cement offers. Goods weighing 8.06 million tons were traded in the spot…
Bad checks worth 299 trillion rials ($1.1 billion) bounced in the month to August 22, indicating a 30.8% rise over the preceding month. According to Central Bank of Iran data, the number of bad…
The Governor of Central Bank of Iran Akbar Komijani conferred with Udaya Prabath Gammanpila, the visiting Sri Lankan energy minister on Saturday. Recalling the longstanding commercial relations…
A recent comparative study of insurance companies shows firms affiliated to bank-affiliated companies had a better peformance A recent comparative study of insurance companies showe that…
The capital market lost its capacity to finance the economy by about a half in the first five months of current fiscal year (March 21-August 22).
Tehran stocks posted heavy losses in four out of five trading sessions last week, logging the worst weekly performance since November 2020. The main gauge of Tehran Stock Exchange, TEDPIX, shed…
Governor of Central Bank of Iran, Akbar Komijani, has instructed relevant officials to reconsider new rules set for transferring money via bank cards. The move came after concerns that the new…
The Central Bank of Iran is working on several measures aimed at combating online betting and gambling websites.
After a strong performance last week, bonds issued by the government to fund the budget were well-received by investors this week. The government generated 108.9 trillion rials ($403 million)…
Bank Melli Iran, the major state-owned lender, reduced the number of branches by 6% in fiscal 2020-21. It had 2,952 branches in the previous fiscal year compared to 3,200 a year before,…
Share prices closed lower at the end of trading week on Wednesday after most shares moved back and forth in volatile trade. The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,769.16 points…
