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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July 24,2018Iran’s sovereign wealth fund deposited a total of 14 trillion rials ($320 million) with six agent banks in the first four months of the current fiscal year (ended July 21) for the lenders to... -
July 24,2018Tehran Stock Exchange’s main index lost 263.05 points or 0.24% on Tuesday to end trading at 108,395.9. About 1.11 billion shares valued at $61.90 million changed hands at TSE for the day. Trading...
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July 24,2018Iran plans to use Turkmenistan-bound wagons to facilitate cement exports to Central Asia, especially Uzbekistan, an official with the Islamic Republic of Iran Railways said. “Based on bilateral...
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July 24,2018Around 123,000 tons of pistachios worth $1.2 billion were exported from Iran during the nine months since the beginning of the current crop year (September 23, 2017, to June 2018), registering a 10...
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July 23,2018The Central Bank of Iran, the lending sector’s top regulator, plans to use its authority to bring the rogue credit cooperatives into line within two months, the CBI’s deputy for supervisory affairs...
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July 23,2018Iran has described as “impossible” Sri Lanka’s proposal to clear its oil debts worth $250 million to Iran with tea. Lucille Wijewardena, chairman of Sri Lankan Tea Syndicate, said the offer made by...
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July 23,2018Tehran Stock Exchange’s main index lost 171.92 points or 0.16% on Monday to end trading at 108,658.9. About 697 million shares valued at $60.77 million changed hands at TSE for the day. Trading...
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July 23,2018Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of...
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July 23,2018Bank Maskan, the agent bank of Iran's housing sector, allocated a total of 30 trillion rials ($686 million) to all applicants during the first three months of the current fiscal year ending June 21...
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July 23,2018Predictability in Iran's stock market these days is gone and investors are going down the rabbit hole with it. They still eye companies' performance, macroeconomic indices and parallel markets'...
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July 23,2018The Ministry of Industries, Mining and Trade issued 2,861 permits for the establishment of industrial units during the first two months of the current Iranian year (March 21-May 21), which shows an...
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July 23,2018Indian traders of basmati rice and tea have started to feel the heat from US sanctions looming on Iran.
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July 23,2018As we approach the first anniversary of the second term of President Hassan Rouhani’s administration in mid-August, the Ministry of Economic and Finance Affairs has released its performance report...
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July 22,2018Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage initiative by May...
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July 22,2018Iran’s second-largest auto producer has started the underwriting process of its 390-trillion-rial ($92.8 million) worth of Islamic bonds on Tehran Stock Exchange. Starting Saturday, the process is...
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July 22,2018Isfahan International Airport’s parking project has started with the aim of increasing the airport’s parking capacity from 10 to 23 airplanes, the director general of Isfahan Province Airports...
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July 22,2018Some 1.8 million tons of oranges were produced in Iran during the last Iranian year (March 2017-18), more than 16,700 tons of which were exported. The announcement was made by Tehran Chamber of...
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July 22,2018All banks and credit institutions in Iran allocated 1.17 quadrillion rials ($27 billion) as loans during the first three months of the current fiscal year to June 21, up by 16.3% in comparison with...
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July 22,2018After a period of calm, the US dollar is once again surging in the unofficial market along with other major currencies against the rial. The forex rally is joining hands with gold coins to form a...
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July 22,2018Average yield to maturity in the Iranian debt market has jumped in recent months and is now hovering above 27%. The uptick is mainly due to lower demand for bonds caused by the growing attraction...
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July 22,2018Women accounted for 232,661 or 63.54% and men for 133,509 or 36.46% of all the participants in the fifth edition of recruitment exam for public services posts held on July 6, the top counselor with...
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July 22,2018Tehran Stock Exchange’s main index gained 535.28 points or 0.49% on Sunday to end trading at 108,830.8. About 1.34 billion shares valued at $170.66 million changed hands at TSE for the day....
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July 21,2018Majlis Economic Commission, a major force in Iran's Parliament, is committed to ensure the passage of pending bills aimed at completing its action plan with the Financial Action Task Force, a...
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July 21,2018Tehran Stock Exchange’s main index gained 518.92 points or 0.48% on Saturday to end trading at 108,295.5. About 786 million shares valued at $32.40 million changed hands at TSE for the day....
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July 21,2018The supply of currency to the Secondary Forex Market will decrease in the coming months, as export gains will fall due to the government’s current approach toward exports and the rising demand for...
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