Pardis Insurance Company has received an operating license allowing the company to handle risks in all insurance categories. The Central Insurance company of Iran (CII) in a note called…
Business And Markets
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The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported, citing US officials. The ban, which was imposed by the Treasury Department and…
Tehran Stock Exchange's main index, TEDPIX, gained 16,665.67 points or 0.83% on Wednesday to end at 2,016,385.84 and the TSE equal-weighted index climbed 1.33%. About 8.15 billion shares worth…
Foreign debt was $6.3 billion by the end of the last calendar year (March), the Central Bank of Iran said -- almost 27.6% lower on the year before.
The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a US official said, a step Washington hopes may keep Tehran from forcing unpopular power cuts during…
Tehran Stock Exchange's main index, TEDPIX, gained 43,085.10 points or 2.20% on Tuesday to end at 1,999,719.93 and the TSE equal-weighted index jumped 2.24%. About 11.67 billion shares worth 78…
The Central Bank of Iran deputy governor for innovative technologies says the bank has imposed some restrictions for fintech startups access to API services. "We have imposed restrictions on…
The Central Insurance company of Iran (CII), the regulatory body of the insurance industry, says it plans to launch a national reinsurance company. “Issuing license for specialized reinsurance…
Government-owned and semi-state banks provided 688 trillion rials ($1.4 billion) in collateral-free loans to 1.9 million individuals from February 2022 to June 2023.
The Central Insurance company of Iran (CII) has released a report on the risk retention capacity of domestic insurers adding three new companies to the list. According to the CII website, the…
Tehran Stock Exchange's main index, TEDPIX, lost 64,663.32 points or 3.20% on Monday to end at 1,956,634.03 and the TSE equal-weighted index plunged 2.93%. About 10.44 billion shares worth 65.…
Tehran Stock Exchange's main index, TEDPIX, lost 49,591.58 points or 2.39% on Sunday to end at 2,021,297.64 and the TSE equal-weighted index plunged 2.68%. About 8.84 billion shares worth 61.76…
The Central Bank of Iran is planning to levy tax on cryptocurrency-related businesses.
Abouzar Soroush, the deputy of supervision at the Central Bank of Iran outlined the measures to expand microloans.
The Monetary and Banking Research Institute (MBRI) says the output of listed manufacturing companies increased during the third month of the current fiscal year (May 22-June 21), though at a…
Bakht-ur-Rahman Sharaft, the head of the Afghanistan Railway Authority, and a delegation from Iran signed a memorandum of understanding on Wednesday to expand collaboration in the rail sector.…
Mohammadreza Farzin, the governor of the Central Bank of Iran in a meeting with bank CEOs reemphasized the need to adhere to interest rates on deposits approved by the Money and Credit Council.…
The Cabinet has approved a plan to provide financial support to farmers.
Tehran Stock Exchange's main index, TEDPIX, lost 56,949.02 points or 2.68% on Wednesday to end at 2,071,429.47 and the TSE equal-weighted index plunged 2.93%. About 11.77 billion shares worth…
Tehran Stock Exchange's main index, TEDPIX, gave up 30,154.71 points or 1.40% on Tuesday to end at 1,128,378.41 and the TSE equal-weighted index lost 1.88%. About 10.84 billion shares worth 70.…
Iran Chamber of Guilds has called for changes in the newly-unveiled system for e-payment transactions fees so that cardholders pay a share of the charges.
Prospects and bottlenecks of the banking sector’s use of artificial intelligence were discussed in a meeting of tech and banking experts. Participants stressed the need and significance of…
The head of Sanhab Company, the body in charge of managing the online database of insurance industry, says startups are not obliged to connect to the regulatory body’s central API gateway.…
Tehran Stock Exchange's main index, TEDPIX, lost 17,824.37 points or 0.82% on Monday to end at 2,158,533.89 and the TSE equal-weighted index plunged 1.29%. About 10.1 billion shares worth 72.62…
Listed banks paid an estimated 730 trillion rials ($1.46 billion) interest on deposits in first three months of the current fiscal year (March 22-June 21).