Trade at the Iran Mercantile Exchange (IME) reached 5,886.2 trillion rials ($16.5 billion) in the first eight months of the calendar year to November 22. Overall trade was 48% higher on the…
Business And Markets
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Forex reserves are in a relatively better shape and supply to the secondary currency market, known as Nima, has improved considerably, the governor of the Central Bank of Iran said. “We expect…
Business-And-MarketsThe secretariat of the High Council for Free Trade and Special Economic Zones said a key condition to operate in the international bourse of FTZs is to have at least €30 million capital. The…
Business-And-MarketsThe 28th weekly government bond auction held by the Central Bank of Iran got a cold shoulder for the second week in a row. Auctions are held by CBI on behalf of the Economy Ministry to raise…
Business-And-MarketsTehran Stock Exchange's main index, TEDPIX, gained 3,167.82 points or 0.22% on Wednesday to end at 1,417,371.78. The TSE equal-weighted index improved slightly by 0.11%. About 5.57 billion…
Business-And-MarketsTehran Stock Exchange main index, TEDPIX, gained 5,855.91 points or 0.42% on Tuesday to end at 1,414,204.59.The TSE equal-weighted index was up 0.72%. About 6.33 billion shares worth 36.4…
Business-And-MarketsDebts of banks and credit institutions to the Central Bank of Iran declined 2.88% in the month to September 22. According to the latest figures, the debts amounted to 1,660.2 trillion…
Business-And-MarketsThe Security and Exchange Organization (SEO) has notified listed companies and capital market institutions to publicly disclose background verifications of their senior managers. Majid Eshqi,…
Business-And-MarketsState-owned Bank Sepah has sold 17% of its shares in Omid Investment Management Group, the bank’s investment arm, in the stock market. The move comes after the Central Bank of Iran called…
Business-And-MarketsOne thousand plus sedans (Tara and Peugeot 207s) manufactured by Iran Khodro Company (IKCO) were offered at the Iran Mercantile Exchange (IME) on Monday. Some 500 cars were Tara in three colors…
Business-And-MarketsForeign debt was $6.90 billion by the end of the sixth calendar month to September 22, the Central Bank of Iran said Monday -- almost 20% lower on the last fiscal year that ended in March.…
Business-And-MarketsSince the beginning of the calendar year in late March banks gave 1,189 trillion rials ($3.65 billion) loans to 1.3 low-income applicants largely for youth marriage and childbirth, and to those…
Business-And-MarketsTehran Stock Exchange's main index, TEDPIX, gained 2,145.87 points or 0.15% on Monday to end at 1,408,348.52. The TSE equal-weighted index gained 0.25%. About 65.58 billion shares worth 146.36…
Business-And-MarketsThe Ministry of Industry, Mining and Trade is set to propose a new notion for selling government shares in two major auto companies, namely Iran Khodro Co. (IKCO) and SAIPA, the Economy Minister…
Business-And-MarketsThe monetary base shot up again in the seventh calendar month to October 22, the Central Bank of Iran reported. It was near 7,129.3 trillion rials ($20.19 billion) -- up 18% in seven…
Business-And-MarketsThe Emami gold coin rallied to an all-time high of 170 million rials on Sunday -- 1.39% higher on the day before. Demand for gold coins has increased in recent days, the Persian-language…
Business-And-MarketsTehran Stock Exchange's main index, TEDPIX, lost 2,020.78 points or 0.14% on Sunday to end at 1,406,190.35. The TSE equal-weighted index gained 0.13%. About 7.84 billion shares worth 44.98…
Business-And-MarketsIran’s capital market now finances almost 25% of the economic sector, CEO of Tehran Stock Exchange (TSE) said. “This share was a meager 5% in 2011-12 while banks accounted for 95%. The…
Business-And-MarketsTehran Stock Exchange's main index, TEDPIX, lost 1,979.91 points or 0.14% on Saturday to end at 1,408,208.95. The TSE equal-weighted index gained 0.2%. About 6.87 billion shares worth 50…
Business-And-MarketsThe National Development Fund of Iran gave 41 trillion rials (about $114.8 million) in loans to knowledge-based companies since fiscal 2018-19 up until now, according to the fund’s head for…
Business-And-MarketsIranian officials discussed ties with members of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) on the sidelines of the group's meeting in Dushanbe, Tajikistan…
Business-And-MarketsTehran Stock Exchange posted growth during the eighth month of the current fiscal year (started March 21), after registering declines in five successive months.
Business-And-MarketsReal Estate Investment Trusts (REITs) are a great help to banks as they can diversify their portfolio and sell real estate holdings in the stock market, a capital market expert said. “The real…
Business-And-MarketsBahar Azadi gold coin bonds offered by the Central Bank of Iran in the stock market will help restore some stability to financial markets based on real assets, a spokesman of the Majlis Economic…
Business-And-MarketsThe weekly government bond offer held by the Central Bank of Iran got a cold shoulder on Tuesday. Auctions are held by CBI on behalf of the Economy Ministry to raise funds for the government’s…
Business-And-Markets