Business And Markets

The stock market will host initial public offering for two companies on Wednesday, including a giant steel company and a cosmetic firm. Sirjan Jahan Steel Complex Company (SJSCCO) will offer 10…

The Securities and Exchange Organization (SEO) has obliged companies listed in the stock market to make public their real estate properties. As per a bylaw issued by the SEO’s board of…

The Central Bank of Iran says plans for promoting contactless payment are making progress. "More than 20,000 contactless payment terminals are installed across the country. With the help of a…

A correction phase that started Sunday deepened on Tuesday as sell-side pressure mounted across a broad range of small and large caps.

A recent study conducted by the Ministry of Cooperative, Labor and Social Welfare shows the people largely have access to the general financial services, however, such services have done little…

The Economy Minister Ehsan Khandouzi said improving financial transparency and accountability is a key priority of his ministry.   In a talk with state TV late on Sunday, Khandouzi said…

The Central Bank of Iran is expanding the scale of its monitoring of banks’ lending policies with the help of innovative IT tools. The regulator has set up two IT-based platforms to look at all…

The payment regulator has suspended services to three million POS terminals and online payment gateways after the users failed to abide by tax rules required by the Iranian National Tax…

Prices in the currency and gold markets surged Sunday after some stability in four sessions. However, the precious metal outpaced forex rates buoyed by rising trends in international markets.…

The secretary of the Iran-South Korea Chamber of Commerce denied reports that the US had given approval to the South Korean government to unblock Iran’s currency held in that country.  …

Insurance companies have performed reasonably well in supporting the public during the pandemic, an official with the Social Security Organization of Iran said.

Iran’s export to its 15 neighboring countries accounted for 50.4% of its total exports in value during the first four months of the current fiscal year (March 21-July 22), according to the…

Transactions via electronic platforms declined in value and volume in the calendar month ending August 22, according to a report released by Shaparak, the Iranian card payment network.

Banks and credit institutions rejected 560,000 checks worth 229 trillion rials ($848 million) in the calendar month ending July 22. The figure shows a sharp decline compared to the preceding…

Iranian insurance companies disbursed 147.8 trillion rials ($547 million) in payouts in the first four months of the fiscal year that started in March, posting a year-on-year growth of 39.9%.

Tehran stocks opened Saturday trade on a higher note, extending a rising trend that started on Wednesday amid high demand for majority of small caps. The market-cap weighted benchmark of Tehran…

Over 53,000 tons of goods were exported through the northwestern Iranian border crossing during the first five months of the current Iranian year (started March 21), according to the director of…

Capital market investors were the sole buyers of government bond during the weekly auction held by the Central Bank of Iran. Retail and institutional investors bought bonds worth 18.5 trillion…

Cement factories are compelled to sell their products only via the Iran Mercantile Exchange, a deputy industries minister said. “All [wholesale] cement trade outside the IME will henceforth be…

The governor of the Central Bank of Iran said the banking sector is saddled with high and rising legal obligations to grant loans, which has led to agonizing macroeconomic consequences. …

Former governors of the Central Bank of Iran called on policymakers to recognize the independence of the central bank, otherwise it will not be able to play its mandate in managing monetary…

Latest data released by the Statistical Center of Iran show the average goods and services Consumer Price Index of “Housing and Utilities (water, electricity, natural gas and other fuels)” in…

The High Council of Securities and Exchange has mandated the  Capital Market Development Fund (CMDF) with implementing market making operations to help ensure liquidity of shares offered by…

The Central Bank of Iran needs to adopt an appropriate approach to the cryptocurrency industry as a whole including the central bank digital currencies to remain abreast of  …

The Central Bank of Iran in a statement Wednesday said it so far has no plan to issue the so-called “Wadia” or depository bonds. The statement, seen on the CBI website, came in the follow-up to…