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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January 12,2022The government sold 12.9 trillion rials ($46 million) bonds at the weekly auction on Tuesday held by the Central Bank of Iran. -
January 12,2022Tehran’s share market was choppy on Tuesday as a bull-run in the early hours soon gave way to selloff that has plagued the bourse for months. The main index of Tehran Stock Exchange, TEDPIX,...
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January 12,2022The main challenge the National Development Fund of Iran is facing is the difficulty of borrowers in reimbursing loans, the fund’s deputy for banking and credit affairs said. Alireza Mirmohammad-...
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January 12,2022The Central Bank of Iran and its subsidiary Informatics Services Corporation will launch a pilot for the central bank digital currency (CBDC) after the Nowruz (Iranian New Year) holidays in March,...
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January 11,2022Despite government efforts to minimize the deficit in March 2022-23 budget, numbers seen in the fiscal budget show a deep gulf between income and expenditure. According to Hadi Qavami, a deputy...
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January 10,2022Qeshm Free Trade Zone (QFTZ) is in talks with two groups of investors wanting to establish offshore banks, the caretaker of the zone said. "Iranian expats have shown interest in starting offshore...
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January 11,2022The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows businesses make use...
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January 11,2022Leaving behind an unrelenting selloff session on Sunday, the pressure on Tehran’s stock market eased Monday as demand rose in the late hours of trade. The benchmark of Tehran Stock, TEDPIX, pared...
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January 10,2022The government has taken some measures to help resolve the problem of the two main football clubs ineligibility for AFC Championship 2022, but key ownership issues of the clubs is not expected to...
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January 09,2022The government’s plan to sell its shares in the Persian Gulf Petrochemical Industries Company (PGPIC) fell flat as buyers failed to provide robust guarantees, head of the Iranian Privatization...
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January 10,2022Selloff pressure mounted on Tehran’s share market on Sunday particularly impacting blue chips and commodity stocks spurred by the pattern of decline in currency prices. The main gauge of Tehran...
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January 09,2022The rial added to recent gains on Sunday as major foreign currencies retreated. The dollar lost 3% at the Tehran’s open market or 9,000 rials to settle at 275,500 rials at the close of the session...
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January 08,2022As stocks stumble government income from taxes on share trade dropped sharply in the first three quarters (March 21-Dec 21) of the current fiscal year compared to the same period last year. Data...
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January 08,2022The World Bank will give $90 million to Iran to help it cope with the coronavirus pandemic, the head of the Organization for Investment, Economic and Technical Assistance of Iran said.
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January 08,2022Tehran stocks opened Saturday on a dull and uneventful session as key market indicators closed near the flatline. The main benchmark of Tehran Stock Exchange, TEDPIX, pared all gains in the early...
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January 08,2022The Central Bank of Iran has completed infrastructure for minting crypto rial as a central bank digital currency (CBDC). The currency will be launched after approval by the Money and Credit Council...
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January 07,2022Bonds sold by the government jumped in the weekly auction on Tuesday to reach 48.1 trillion rials ($165 million), the highest in three weeks. Unlike the last two rounds, the offers were greeted...
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January 07,2022Senior diplomats from South Korea and Iran had discussions in Vienna on Iranian assets frozen in that country, the foreign ministry in Seoul said on Friday, with the thorny bilateral issue on the...
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January 07,2022Foreign exchange rates fell again on Thursday in Tehran amid optimism among traders over the outcome of the ongoing talks between Iran and world powers in Vienna to restore the landmark 2015 Iran...
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January 07,2022Option contracts have become more popular in Iran’s capital market as a means for insuring stocks against price volatilities. According to Meysam Moqadam, head of the Innovative Financial...
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January 04,2022Forex rates declined in Tehran’s free market on Tuesday apparently due to guarded optimism over the new round nuclear talks in Vienna. The dollar was quoted at 291,800 rials posting more than 1%...
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January 05,2022Head of the Iranian Privation Organization is skeptical about the government’s ability to realize projected income from selling its shares in state-owned companies as forecast in the March 2022-23...
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January 04,2022The managing director of the Securities and Exchange Organization (SEO) says the regulator is trying to help reduce the price of gas feedstock sold to petrochemical plants. In a meeting with CEOs...
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January 04,2022The Majlis Research Center has rejected provisions of a parliament-initiated bill that calls for all-embracing support for the manufacturing sector. As per stipulations of the bill, confiscating...
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January 04,2022After a lukewarm performance a session earlier, Tehran’s share market saw another uneventful day on Monday amid continuous capital outflow and the pattern of investors’ aversion to put money in the...
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