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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September 07,2022Insurers affiliated to banks topped the list of general insurance firms able to cover losses, according to the latest ranking published on the Central Insurance company of Iran (CII). The CII has... -
September 07,2022Iran’s foreign debt was $7.173 billion by the end of the fourth calendar month ending July 22, the CBI said Tuesday. The amount was almost $1.5 billion or 17% lower compared to the last fiscal year...
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September 07,2022The Economy Minister Ehsan Khandouzi says the government wants to create a “development bank” in the next five-year development plan period. In an interview with Fars News Agency, Khandouzi...
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September 06,2022Compartmentalizing bank accounts into business and personal financial records has advantages for customers, an official with Central Bank of Iran said. The regulator recently instructed banks to...
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September 06,2022Tehran stocks opened Monday in upbeat mode but sell-side pressure mounted in the middle of trade pushing the majority of large cap stocks into negative territory. The benchmark of Tehran Stock...
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September 06,2022Head of the National Development Fund of Iran (NDFI) said repayment of loans given by the sovereign wealth fund has gained pace in recent months. “Since the beginning of the last fiscal year [...
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September 06,2022The Central Insurance company of Iran (CII) and the Vice Presidency for Science and Technology signed an agreement Monday to ease the entry of knowledge-based companies in the insurance sector....
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September 05,2022More than 586,000 checks bounced in the fourth Iranian calendar month to July 22, down 8.4% on the month before. The checks were worth 345 trillion rials ($1.2 million), indicating 7.7% decline...
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September 05,2022Tehran’s share market registered another uneventful session Sunday as the benchmark of Tehran Stock Exchange, TEDPIX, closed near the flatline. Paring some of early-hour gains, the market cap-...
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September 05,2022During a visit to the Central Bank of Iran on Sunday, President Ebrahim Raisi emphasized the monetary and banking mandates of the CBI. Raisi reiterated the “significant role of the central bank...
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September 05,2022An estimated 3.71 billion retail transactions were processed by the domestic electronic payment network Shaparak in the fifth month of the calendar year to August 22. These were worth 6,762...
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September 04,2022Iran's insurance industry is set to improve the quality of services with a four-year transformation plan, head of the Central Insurance company of Iran (CII), the industry’s regulator, said. "The...
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September 04,2022Forex rates opened trading week Saturday higher amid increasing uncertainty about the future of the market. Gold followed suit. The US dollar briefly inched above the critical 300-000-rials in...
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September 04,2022Tehran stocks opened the week on Saturday in negative territory under unrelenting sell-side pressure in almost all categories. The main gauge of Tehran Stock Exchange, TEDPIX, shed 12,455.10...
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September 04,2022Heads of three major business organizations have called on President Ebrahim Raisi to adopt effective measures to unify the forex rates. In a letter signed by Gholam Hossein Shafei, the head of...
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September 03,2022The Tehran Stock Exchange’s main index TEDPIX lost 3,000 points or 0.21% during the week to Sept. 2 to close at 1,439,396.42.
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September 03,2022Head of the Tehran Chamber of Chamber of Commerce, Industries, Mines and Agriculture said the banking bill now being debated in the Majlis is a matter of concern for private companies. Mosoud...
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September 03,2022The Central Bank of Iran is stepping up efforts to promote funding for economic enterprises through non-inflationary methods, the CBI governor said. Speaking on state TV late on Thursday, Ali...
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September 02,2022State and government owned companies produce losses estimated at 710 trillion rials ($2.4 billion) a year, chief of Auditing Organization of Iran said. Speaking to reporters on Wednesday, Mousa...
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September 02,2022New regulations for cryptocurrency mining was approved by the government on Sunday. The Ministry of Industry, Mine and Trade now has permission to resume issuing licenses for cryptomining, the...
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September 02,2022The government sold 23 trillion rials ($79.3 million) bonds in the latest auction held weekly to raise funds for its budget deficits.
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September 02,2022The benchmark of Tehran Stock Exchange, TEDPIX, lost 1,840.43 points or 0.13% on Wednesday to end trading week at 1,439,376.
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September 02,2022In a fresh warning to banks and credit institutions, the Central Bank of Iran said they must not pay interest on deposits over and above those set by the regulator. In a press release posted on...
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August 30,2022The Central Insurance company of Iran (CII), the regulatory body of the industry, has agreed to revise the operative mechanism of a controversial gateway to make it compatible with startup business...
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August 30,2022Private companies in increasingly numbers are approaching the debt market for funds, managing director of the Capital Market Asset Management Company. Mohammad Hossein Sadraee said the pace is...
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