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 02,2023The Central Bank of Iran said Sunday electronic checks can be processed electronically without referring to bank branches. Mehran Mahramian, the CBI deputy for innovative technologies said banks,... -
January 02,2023The Central Insurance company of Iran (CII) has published a report on the risk retention capacity of domestic insurers adding three new companies to the list. According to the CII website, the...
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January 01,2023At current forex rates, Iran’s capital market is worth an estimated $140 billion. This market can and will be profitable for investors if they have a long-term vision, says the CEO of Khat Arzesh...
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January 01,2023Tehran Stock Exchange's main index, TEDPIX, lost 56,819.18 points or 3.45% on Saturday to end at 1,590,495.45. The TSE equal-weighted index followed suit plunging 2.43%. The huge losses come on the...
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January 01,2023Higher interest rates on deposits will help curb inflation under the right conditions, economic commentator Hossein Mahmoudi Asl said. “Inflation can come down [only] if the new interest rates are...
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January 01,2023The government’s bond offer held by the Central Bank of Iran on Wednesday got a cold shoulder, again. Auctions are held weekly by the CBI on behalf of the Economy Ministry to raise funds for the...
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December 31,2022
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December 31,2022The Organization for Collection and Sale of State-Owned Property says it has returned a part of seized cryptomining equipment to their owners after it was obliged to do so by the courts.
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December 31,2022Tehran’s share market wrapped up the week on Wednesday up almost 10%.
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December 31,2022Trade between Iran and African countries reached 2.65 million tons worth $1.41 billion during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 53.55% and an 82....
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January 01,2023Tehran Stock Exchange's main index, TEDPIX, gained 70,917.38 points or 4.5% on Wednesday to end at 1,647,314.51, the highest since September 2020, the TSE website reported. Possibility of taxing...
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January 01,2023Bourse experts say selling cars via the Iran Mercantile Exchange has been a success. Since the beginning of the fiscal year in March, auto offers at the IME has increased rapidly and upheld the...
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January 01,2023Trade at the Iran Energy Exchange jumped in the ninth month of current fiscal year to December 22 compared to the same period last year. Energy carriers and commodities worth 111.35 trillion rials...
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January 01,2023Of the 39 industrial groups active in Iran’s capital market, 28 reported profit in the month ending November 21. The subgroup of housing construction, with 8.7 trillion rials ($19.9 million) in...
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January 01,2023Trade via exchange-traded funds at Iran Fara Bourse (IFB) reached 1,983 trillion rials ($4.88 billion) in the first nine months (ended Dec 22) of the calendar year -- 147% higher on the same time...
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January 01,2023The Economy Ministry has detailed plans for raising the capital of state banks in which two specialized banks, namely Bank of Industry and Mine and Bank Maskan, are set to raise capital higher than...
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January 01,2023More than 496,000 checks bounced in the eighth fiscal month ending Nov. 22, up 2.4% on the previous month. The bad checks were worth an estimated 343 trillion rials ($844 million) – down 2.8% in...
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December 25,2022Higher interest rates seem inevitable but understanding the need, composition and rationale is of the utmost importance, Kamran Nadri, a monetary and banking commentator said “Deciding rates is a...
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December 25,2022The Central Bank of Iran said banks and credit institutions gave 897.1 trillion rials ($2.32 billion) to knowledge-based companies in the first eight months of the current fiscal year (ends March...
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December 25,2022Tehran Stock Exchange's main index, TEDPIX, gained 25,564.68 points or 1.66% on Sunday to end at 1,563,567.43. The TSE equal-weighted index gained 1.42%.
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December 25,2022The Tehran Stock Exchange reported growth in the ninth month of the current fiscal year, for the second successive month. In 22 sessions the main index of Tehran Stock Exchange, TEDPIX gained more...
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December 24,2022The Executive Board of the Central Bank of Iran said banks can raise the interest rate on certificates of deposit (CDs) up to 23%. Mostafa Qamari Vafa, head of the CBI public relations department...
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December 24,2022Demands imposed on banks, tough procedural mechanisms plus the worsening economic climate are impeding the sale of excess bank assets rendering the task almost impossible, an economic analyst says...
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December 24,2022Tehran Stock Exchange's main index, TEDPIX, gained 41,802.36 points or 2.79% on Saturday to end at 1,538,003.22. The TSE equal-weighted index jumped 2.37%. About 12.71 billion shares worth 73.9...
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December 24,2022The Central Bank of Iran said it has raised the ceiling for the amount of local currency local residents and foreigners can hold when leaving and entering the country to 50 million rials (around $...
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