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 09,2021The government plans to sell its remaining stake in three banks and an agro company in blocks of shares. Bank Saderat Iran, Bank Mellat and Tejarat Bank are three semi-private lenders that the... -
July 07,2021After eking out a robust gain in the earlier session, the benchmark of Tehran Stock Exchange paused on Wednesday and closed slightly above the flatline.
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July 07,2021Launching a regulatory sandbox is on the agenda of the Central Bank of Iran for promoting financial technology, the CBI deputy governor for innovative technologies said.
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July 07,2021The government sold bonds worth 5.8 trillion rials ($23 million) at the weekly auction held by the Central Bank of Iran on Tuesday. Buyers were mainly from interbank market while investors in...
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July 07,2021Check payments have improved in the past three months after the new check law came into effect, said an official with Central Bank of Iran.
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July 06,2021Forex and gold prices posted slight gains on Tuesday in Tehran paring some earlier losses. After pulling back to the critical 250,000-rial level a session earlier, the dollar was quoted at 251,...
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July 06,2021Performance reports of payment service providers show three major companies handled nearly 57% of the total e-transactions in the fiscal year to March 2021. Shaparak, a company affiliated with the...
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July 06,2021Tehran’s share market made one of the biggest advances on Tuesday rising for two sessions in a row as demand for most commodity shares remained high. The main gauge of Tehran Stock Exchange,...
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July 06,2021The Central Bank of Iran says it is restraining surplus liquidity of banks in the interbank market. In a press release posted on its website, the CBI said it implemented the reverse repurchase...
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July 06,2021After consecutive rallies led by large caps and blue chips, investors now appear to be leaning towards small caps that were largely sluggish in previous sessions. While there was a general upbeat...
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July 06,2021Iran Energy Exchange is to launch futures contracts for petroleum products in near future, the IRENEX chief said. “The Securities and Exchange Organization approved the guidelines last week to...
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July 06,2021Iran’s Trade Promotion Organization in a notice urged exporters to meet the Sept 21 deadline to repatriate their forex income.
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July 06,2021Foreign exchange rates declined in Tehran’s free market on Monday amid uncertainty about the nuclear talks in Vienna and emergence of the fifth wave of Covid-19 infections across the country. The...
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July 06,2021The Iran Energy Exchange and Iran Mercantile Exchange, the two commodity exchanges, approved capital increase this week.
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July 04,2021A recent study estimates that information technology investment barely accounts for 1.73% of Iranian banks' annual spending. This is while a sharper focus on the key sector can and will boost...
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July 04,2021A total of 363 companies are responsible for the majority of the unreturned overseas export income, an official with Iran’s Trade Promotion Organization said. “They have not repatriated forex...
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July 04,2021Tehran stocks were choppy on Sunday. The market opened in negative territory before briefly moving to the positive side in mid-trade and returning into the red zone again. Despite the ease in sell...
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July 04,2021The Central Bank of Iran says volatility in the currency market is ephemeral. In a press release published on its public relations website, it said “macroeconomic variables improved last year...
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July 03,2021The Trade Promotion Organization of Iran gave export incentives to the tune of 33 trillion rials ($132 million) to 200 plus companies, the TPO chief said. Hamid Zadboum said the support was in the...
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July 03,2021Tehran stocks bucked a rising trend on Saturday that lasted for 10 sessions in a row as sell-side pressure mounted again in most large caps. The benchmark of Tehran Stock Exchange, TEDPIX, shed 10...
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July 03,2021Foreign exchange rates in Tehran started the week without fanfare as the market takes a wait-and-see approach given the uncertainty surrounding the extended nuclear talks in Vienna and the...
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July 03,2021The nationwide electronic payment network, known as Shaparak, handled 3.3 billion transactions worth 5,527.27 trillion ($22.1 billion) during the third month of the current fiscal ending June 21....
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July 02,2021The Majlis Industries and Mines Commission has completed examining a bill that calls for auto marketing via the Iran Mercantile Exchange. Dubbed as “Disciplining the Auto Industry”, the bill has...
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July 02,2021With the decline in number of deals and noticeable investor reluctance, income tax from share trade declined sharply in the first quarter of current fiscal year (March 21-June 21). Also known as...
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July 02,2021Lawmakers reportedly have a plan for disciplining the cryptocurrency market, one of the articles of which requires licensed miners to regularly report the Central Bank of Iran regarding their...
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