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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December 07,2018From the beginning of current fiscal in March, a total of 358,799 billion shares and right issues worth 1.1 quadrillion rials ($9.6 billion) were traded in 21.23 million deals at the Tehran Stock... -
December 07,2018The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its Persian name Nima – in late April, €6.8 billion was sold by it for imports. Nima – the...
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December 09,2018A new shipping line between Iran’s Jask Port and Oman’s Al Suwaiq Port has come on stream and will be used to transport wholesale Iranian commodities to Oman using containers, Iran-Oman Chamber of...
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December 05,2018Currently, Iran’s steel production capacity stands at 34 million tons per year, according to Deputy Minister of Industries, Mining and Trade, Jafar Sargheini. Iran aims to become the world’s...
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December 05,2018Head of the Central Insurance company of Iran says domestic insurance firms are providing cover to oil tankers and marine and aviation transportation sectors. Gholam Reza Soleimani said CII...
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December 05,2018Head of the Securities and Exchange Organization said the SEO is willing to launch a market for currency futures (also known as FX futures) but noted that the Central Bank of Iran has the final say...
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December 05,2018Iranian lawmakers passed amendments to a landmark anti-terror finance bill approved in October in order to address objections raised by the constitutional watchdog the Guardian Council. The...
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December 05,2018Tehran stocks budged forward on Wednesday with gains in auto stocks offsetting doubts over commodity and petrochemical stocks. As auto stocks were lifted by hopes over possible price rises,...
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December 04,2018With 14 new reinsurance companies emerging around the time the US re-sanctioned Iran, capacity of the reinsurance industry expanded by 9.2 trillion rials ($80 million), enhancing its ability to...
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December 04,2018Tehran equities were on uneven footing on Tuesday after Tehran Stock Exchange rebound from last week’s global commodity rout slowed. TSE's TEDPIX was 0.36 % lower after swinging between negative...
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December 03,2018The Banker’s Bank of the Year Awards 2018 for Iran has gone to Ayandeh Bank. According to the magazine on its website, Ayandeh was able to weather the ups and downs in a volatile domestic...
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December 03,2018Head of the Security and Exchange Organization Shapour Mohammadi said Monday the capital market issued 45 trillion rials ($384 billion) worth of bonds since the beginning of the current fiscal in...
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December 03,2018The Majlis speaker says reforms to the central bank law proposed by the government to overhaul the dysfunctional banking system has been reviewed in the relevant committees and is awaiting a final...
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December 03,2018Tehran stocks closed higher for a second straight session on Monday, supported by expectation of improved global trade atmosphere in the wake of the China-US trade truce and hike in international...
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December 02,2018Average liquidity growth dropped from 26.7% during 1988 to 2012 to 23.7 % between 2014-2018, said the deputy governor of the Central Bank of Iran. In the first seven months of the current fiscal...
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December 02,2018Unlike in Tehran, home sales in other Iranian provincial capitals have been up 3% in the eighth month of the current Iranian year, Aban (Oct. 23-Nov. 21), compared with the same month of the last...
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December 02,2018Governor of the Central Bank of Iran has sent a directive to banks and credit institutions asking them to come up with a plan to improve their capital adequacy ratio. Abdolnasser Hemmati said...
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December 02,2018The first round of algorithmic trade competitions in the capital market will soon be held by the Security and Exchange Organization. Yasser Fallah, managing director of the SEO Information and...
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December 02,2018Tehran stocks jumped higher Sunday and recouped the previous day's losses as global trade prospects appeared to improve putting most major indexes on track for further gains. Stocks have swung...
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December 01,2018The Security and Exchange Organization's systemic attempts to elevate its position from "associate" member to "ordinary" member of International Organization of Securities Commissions, has finally...
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December 01,2018A court in Germany has ordered Deutsche Telekom, a partly state-owned telecom provider, to reactivate phone and internet services for the Hamburg branch of Bank Melli Iran.
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December 01,2018More than 7.65 million tons of cement and clinker were exported from Iran during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 10.2% increase compared with the...
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December 01,2018The Central Bank of Iran in a directive on Saturday announced rules and regulations for selling and buying foreign currency of export earnings at authorized exchange bureaus. It says the...
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December 01,2018Tehran stocks closed lower in trading Saturday to start the week in the red. At the Tehran Stock Exchange both TSE's main index TEDPIX and IFX lost heavily. The TEDPIX and IFX fell sharply and...
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November 30,2018Following the recent decline in foreign currency rates, the price of goods which leaped (thanks to earlier exchange rate rises) over the past several months is expected to fall again, says Mohammad...
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