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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July 21,2019Following a weeklong lethargic performance, Tehran stocks rallied on Sunday as investor sentiment was boosted by seasonal financial reports released by major commodity companies. The main gauge... -
July 20,2019Results of a study by the Majlis Research Center, the research arm of the parliament, indicate a decline in the security climate for investment and business last autumn (Sept-Dec 2018) compared to...
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July 20,2019Tehran Stock Exchange plans to unveil a new market it calls ‘prime market’ within the stock market, head of the TSE said.
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July 19,2019Governor of the Central Bank of Iran and the accompanying delegation arrived in Ankara on Thursday for talks on improving banking and monetary cooperation. Abdolnasser Hemmati said achieving the...
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July 19,2019Currency rates in Tehran briefly hit six-month lows since January 9 as the US dollar was traded for 111,000 rials during the mid-day trade in the open forex market on Wednesday. Varying rates...
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July 17,2019Data released by the Central Bank of Iran show that more than 6.5 million checks worth 842 trillion rials ($7.32 billion) were exchanged in the third month of the current fiscal year to June 21. ...
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July 17,2019The Iranian National Tax Administration identified and collected unpaid taxes worth 184 trillion rials ($1.5 billion) in the last fiscal year the ended in March. Hadi Khani, the head of INTA’s Tax...
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July 17,2019Barring Tehran, the housing sales news was encouraging across all Iranian provinces in the last fiscal year (March 2018-19). According to a report by the Persian daily Donya-e-Eqtesad citing the...
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July 17,2019Tehran Stock Exchange heaved a sigh of relief on Wednesday when the market recovered from Tuesday’s losses that sent the TSE benchmark 2.7% lower. The main TSE index TEDPIX rebounded by 0.2% and...
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July 16,2019Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial. The...
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July 16,2019Listed companies in the Tehran Stock Exchange closed trading day mostly in red on Tuesday as investors were disheartened by the sharp fall in the forex market. The massive selloff pushed the...
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July 15,2019The remaining shares of government in Shiraz Oil Refining Company and Alborz Insurance Company were offered in the stock market but had no buyers. As per earlier announcements by Iran...
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July 15,2019Insurance companies have stopped offering third party vehicle insurance to new vehicles produced by SAIPA, Iran's second-largest automaker, due to the carmaker’s pattern of failure to settle its...
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July 14,2019In line with concerted government efforts to support manufactures, banks plan to lend 300 trillion rials ($2.3 billion) to small and medium-sized enterprises in the current fiscal year that ends in...
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July 14,2019Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market. Since...
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July 14,2019Stocks continued to rally on Sunday for the third session in a row amid rising demand for shares of major mineral, petrochemical and refinery companies plus selloff pressure in auto stocks. The...
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July 13,2019The long-awaited regulated foreign exchange market is ready for launch but is waiting for the opportune inauguration time in order to have the best possible impact on the forex market, the CEO of...
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July 13,2019Tehran Stock Exchange start trading week in positive territory amid rising demand for mineral and refinery stocks and weak performance of metal stocks. The main gauge of TSE TEDPIX gained 983.01...
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July 12,2019Iran Fara Bourse, the junior stock market for trading equities in Tehran, registered a 75% growth in market capitalization in the last fiscal year (March 2018-19) compared with the last trading day...
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July 12,2019The European Union says more nations, both from in and outside the EU, have announced willingness to join the financial mechanism, known officially as Instrument in Support of Trade Exchange (...
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July 12,2019As home prices continue to rise, the housing sector has resorted to banks to help restore the ailing industry hit by stagflation. Bank Maskan, the state-run housing lender is working on a new...
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July 10,2019The Central Bank of Iran said in a notice that as per the existing rules, all activities related to cryptocurrencies are illegal. The notice, published on CBI’s official website on Wednesday,...
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July 10,2019After a brief bear market on Tuesday, stocks in Tehran Stock Exchange recovered on Wednesday amid demands for stocks of small companies.
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July 09,2019The Energy Ministry has agreed on a tariff for electricity used in cryptocurrency mining, the head of Iran Electrical Industry Syndicate said. “The ministry has proposed the rate of 7 cents for...
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July 09,2019The latest data on the participatory bonds market in the last fiscal year (ended March 20, 2019) indicate that government and municipalities sold about half of the bonds issued during the yearlong...
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