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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May 18,2019The National Development Fund of Iran, the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20). The vice... -
May 18,2019Lloyd's of London insurance market has widened its list of areas in and around the Persian Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE.
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May 17,2019In the previous fiscal (March 2018-19) exporters repatriated $18.7 billion of their export earnings to the country, the Central Bank of Iran Governor Abdolnasser Hemmati wrote in an Instagram post...
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May 15,2019The Money and Credit Council - a top financial decision-making body affiliated to the Central Bank of Iran - approved a decision Wednesday to raise the ceiling of loans allocated for renovating...
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May 15,2019Euro and the Chinese yuan topped the Central Bank of Iran's list of subsidized currencies allocated for imports in the past 13 months, with USD at the bottom of the list. Department of Economic...
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May 15,2019After two straight rallies, the main gauge of Tehran Stock Exchange lost some of its earlier gains on Wednesday amid selloff in the stocks of the basic metals, petrochemical and mineral groups....
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May 14,2019In a report analyzing drawbacks of the allocation of subsidized currency to import essential goods, the Majlis Research Center says the policy is inefficient and a new mechanism is needed to...
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May 14,2019The Governor of the Central Bank of Iran criticized European governments for the procrastination over launching the trade mechanism know as Instrument in Support of Trade Exchange (INSTEX). In an...
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May 13,2019In a directive to banks and credit institutions, the Central Bank of Iran obliged lenders to report banking transactions of tax payers to the Iran National Tax Administration on a monthly basis. ...
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May 13,2019Over 68,000 standard parallel Salaf (forward) securities for fuel oil (mazut) worth 4 trillion rials ($26.8 million) was offered Monday by the National Iranian Oil Company on the Derivative Market...
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May 13,2019The construction material price index for Iran's capital city, Tehran, stood at 313.4 in the last Iranian year (March 2018-19) to register a 47.8% increase compared with the year before. According...
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May 13,2019The consumer price index for the housing sector registered a year-on-year increase of 24.8% in the first Iranian month (March 21-April 20) compared with the similar month of last year. The index...
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May 13,2019Tehran stocks pared some earlier losses on Monday to compensate for over 1.8% of its benchmark fall in earlier sessions. After two straight sessions of bear market, which was created under...
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May 12,2019The Central Bank of Iran published a note on its website to clarify ambiguities about the one-time password that will soon be offered by banks. It covers a range of issues pertaining to the...
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May 12,2019Iran Social Security Organization owes 400 trillion rials ($2.58 billion) to banks, SSO’s deputy for economic and planning affairs said. Hossein Amiri said the massive organization borrowed 50...
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May 12,2019Trading in the Tehran Stock Exchange tumbled on Sunday as the negative psychological climate created by political developments continued to batter investor sentiment. The bearish trends that...
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May 11,2019A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the foreign exchange market recorded the highest return in the previous fiscal (March 2018-19) compared to a year...
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May 11,2019The Central Bank of Iran is strongly opposed to the policy of printing money to plug budget holes, Abdolnasser Hemmati, the CBI boss, said. He said the government is stepping up efforts to find...
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May 11,2019Tehran Stock Exchange started the trading week in red among massive selloff by jittery investors to save their previous gains. The main index, TEDPIX, shed 2,189 points on Saturday to close the...
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May 11,2019CEO of the Special Trade and Finance Institute, the newly created trade mechanism to reciprocate with the European Instrument in Support of Trade Exchange (INSTEX), says now it is up to Europe to...
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May 10,2019Shaparak, the nationwide payment network, processed an estimated 1.82 billion transactions worth 1.83 trillion rials ($11.7 billion) during the month to April 20 – down 17.66% in the number of...
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May 10,2019Banks divested over 120 trillion rials ($800 million) in surplus holdings in the last fiscal (March 2018-19), the deputy economy minister for banking, insurance and state-owned companies said....
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May 10,2019The policy of granting costly subsidies to help improve the quality of life of the people have apparently failed, and experts say the rich have benefitted much more than those at the middle and...
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May 08,2019In a move to curb cybercrime pertaining to debit card fraud and increase the security of online banking, the Central Bank of Iran has instructed banks and credit institutions to use one-time...
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May 08,2019Currency rates have been rising in Iran’s open market amid the negative psychological climate created by the ongoing political developments and investors’ uncertainty about what the future holds...
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