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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October 24,2022The National Development Fund of Iran has provided $3 billion in new credit to banks, head of the NDFI board of directors said on Monday. “Each bank can allocate up to 10% of the amount it... -
October 24,2022Parliament will agree to online forex trade on the condition that it is regulated by and under the auspices of the Central Bank of Iran, head of Economic Commission of the legislature said. “The...
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October 24,2022Tehran Stock Exchange main index TEDPIX continued to slide Monday to finish the day below the critical 1.3 million points. TEDPIX lost 19,060.32 points or 1.47% to end trade at 1,277,736.85. This...
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October 24,2022Ava Pars Reinsurance Company (Ava Pars Re) was officially launched as Iran’s sixth reinsurance company. The Central Insurance company of Iran (CII), the industry regulator, issued the operation...
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October 23,2022Economy Minister Ehsan Khandouzi has openly criticized banks for their inefficient approach towards financing the key production sector and called for redefining the role of the banking system in...
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October 23,2022Tehran Stock Exchange's main index TEDPIX lost 12,162.86 points or 0.93% on Sunday to end at 1,296,797.77. About 5.24 billion shares worth 28.28 trillion rials ($97.5 million) changed hands at TSE...
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October 23,2022An estimated 10.61 million tons of goods were traded in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to Oct 22. Compared to the month before, the deals increased 7...
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October 22,2022Tehran Stock Exchange's main index, TEDPIX, lost 1,205.35 points or 0.09% on Saturday to end at 1,308,959.98. About 4.11 billion shares worth 35.35 trillion rials ($121.9 million) changed hands at...
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October 22,2022Iran will remain on the Financial Action Task Force, the global anti-money laundering watchdog, blacklist until the full Action Plan has been completed. "If Iran ratifies the Palermo and...
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October 22,2022The Central Bank of Iran says it will continue to control rates in the interbank market in line with the government’s declared policy to support the capital market. Interbank rates are under...
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October 22,2022The Central Insurance company of Iran (CII), the regulator of the industry, plans to introduce Islamic insurance solutions, known as takaful. "Our plan is to first introduce takaful in the form of...
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October 21,2022Fifteen platforms are licensed to handle crowdfunding operations at the IFB…More than 2,470 individuals have made investments via crowdfunding in one year," head of the Iran Fara Bourse (IFB)...
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October 21,2022A report by the domestic e-payment network, Shaparak, says most service providers showed meager change in their market share. Saman Electronic Payment (SEP) topped the list at 19.54% by Sep 22--...
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October 21,2022The Central Bank of Iran is planning to increase “Productive Credit Certificates”, known by its Persian acronym Gam, from 260 trillion rials ($797.5 million) now to 2,000 trillion rials ($6.13...
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October 19,2022Tehran Stock Exchange's main index TEDPIX lost 2,396.74 points or 0.18% on Wednesday to end at 1,310,165.88. About 5.26 billion shares worth 32.78 trillion rials ($113.05 million) changed hands at...
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October 19,2022Banks gave 19,540 trillion rials ($59.4 billion) in loans since the beginning of the fiscal year in late March -- up 49% on the same period last year, head of the Monetary and Credit Affairs Bureau...
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October 19,2022The Central Bank of Iran is set to unveil the first electronic check by early November, the CBI bank governor said. "We are finalizing innovative solutions for digitalizing financial services and...
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October 19,2022The government’s bond offer was welcomed this week despite the main buyers (banks and institutional investors in the stock market) taking a back seat. Debt worth 24.9 trillion rials ($76.6 million...
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October 18,2022The Tehran Stock Exchange's main index, TEDPIX, gained 1,452.71 points or 0.11% on Tuesday to end at 1,312,563.15. About 4.57 billion shares worth 30.37 trillion rials ($104.72 million) changed...
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October 18,2022An estimated 9.3 million POS terminals are so far linked to the tax department, head of the Iranian National Tax Administration (INTA) said. “This came after two years of collaboration between...
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October 18,2022The Central Bank of Iran on Tuesday unveiled a supervisory platform for monitoring the operation of Qarz al-Hasanah (usury-free) funds. The Qarz al-Hasanah Comprehensive Network, or Shafaq in...
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October 17,2022An estimated 3.87 billion retail transactions were processed by the domestic electronic payment network Shaparak in the sixth month of the calendar year to Sep 22. These were worth 7,206 trillion...
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October 17,2022A report by the Monetary and Banking Research Institute (MBRI) shows an increase in manufacturing output of companies listed in the stock market. It covered 280 companies in the Tehran Stock...
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October 17,2022Tehran Ruck Reinsurance Company (Tehran Re) has received operation license from the Central Insurance company of Iran (CII) becoming the fifth reinsurance company in the country. As per an...
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October 17,2022The TSE's main index TEDPIX lost 196.69 points or 0.02% on Monday to end at 1,311,091.60. About 5.03 billion shares valued at 25.02 trillion rials ($86.28 million) changed hands at TSE for the day...
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