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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June 19,2022Shares in Tehran opened trading week on Saturday under selloff pressure on majority of stocks, particularly petrochemical companies. The main index of Tehran Stock Exchange, TEDPIX, lost 16,596.... -
June 19,2022The domestic gold market saw big gains at the beginning of trading week on Saturday amid rising currency rates. The popular Emami gold coin jumped more than 4.7% or 7.5 million rials in one day...
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June 18,2022Traders at the Iran Mercantile Exchange are showing rare interest in options contracts since the past three months. Investors traded 440,000 options contracts since the beginning of the fiscal...
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June 18,2022Iraq’s government has paid $1.6 billion of its debt related to natural gas from Iran, the Iranian Oil Minister Javad Owji said. "After months of negotiations and diplomacy we received $1.6...
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June 18,2022After allowing non-oil exporters to sell their foreign currency at “negotiated rates” earlier in the week, the Central Bank of Iran extended the move to other forex sellers. In a bylaw to...
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June 18,2022Major indicators in Tehran’s share market eked out gains in the last trading week that ended on Wednesday amid persistent capital outflow by retail investors. The main index of Tehran Stock...
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June 17,2022Tehran’s stock market ended trading week Wednesday in the red with the TEDPIX, the benchmark of Tehran Stock Exchange, losing 9,730 points or 0.62% to end at 1,564,333. The TSE equal-weighted...
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June 17,2022The National Development Fund of Iran (NDFI) last week recessed its financial statement showing the sovereign wealth fund among the largest in the world according to the Global SWF ranking. It...
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June 17,2022The government sold 21.3 trillion rials ($66 million) bonds in the latest auction held by the Central Bank of Iran on Tuesday. The auctions are held on a weekly basis to raise funds for the...
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June 17,2022Iraq's Ministry of Electricity announced on Tuesday that it will settle its gas dues to Iran within two days. Ahmed Musa, the ministry spokesman, made the statement in an interview with Iraqi News...
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June 17,2022Currency and gold prices pulled back again on Wednesday after the Central Bank of Iran decided to increase offers. The US dollar was quoted at 318,500 rials in Tehran’s free market, down 1.7% or...
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June 15,2022The Central Insurance company of Iran (CII) has stopped issuing new operation license for online insurance brokers until further notice. According to Way2pay, the CII's department for new...
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June 15,2022After gains a session earlier trade in Tehran’s share market was lukewarm on Tuesday. The benchmark of Tehran Stock Exchange, TEDPIX, gained 2,619.6 points or 0.17% to end trade at 1,574,065....
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June 15,2022The rial compensated some of the earlier loss on Tuesday as foreign currencies dipped dragging down prices in the domestic gold market. The US dollar retreated to 324,000 rials in Tehran’s free...
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June 15,2022The Tap30 company, one of the main ride-hailing companies in Iran, offered 5% of its shares on Tuesday. It offered 1.17 billion shares each at 9,400 rials. The IPO was billed at 11 trillion rials...
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June 14,2022The insurance industry was unable to meet the targets defined in the Sixth Five-Year Economic Development Plan (2016-2021), despite reasonable growth. According to a report by IBENA, the sector...
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June 14,2022Tehran stocks rallied Monday as investors embraced large caps and stocks of export-based companies following spike in forex rates. The benchmark of Tehran Stock Exchange, the marker cap-weighted...
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June 14,2022The Central Bank of Iran said it is undertaking efforts to improve forex supply in the volatile market by encouraging non-oil export companies to increase their currency sale. Following a meeting...
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June 14,2022The manger director of the National Development Fund of Iran (NDFI), Mehdi Qazanfari, said the sovereign wealth fund may be forced to resort to “legal ways” to recover its unpaid debts. “If loan...
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June 12,2022The Central Bank of Iran says it is committed to boost the supply side in the currency market. After crossing the record high a session before, forex rates notched another gain on Sunday...
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June 12,2022The Industries Ministry in a statement explained why it halted the sale of cars at the Iran Mercantile Exchange. The ministry last week announced that selling autos via the IME was incompatible...
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June 12,2022Data released by Shaparak, the company in charge of Iran's domestic payment network, show more than 132.5 million bank cards were used at least once in the ninth calendar month to May 21. This was...
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June 12,2022Tehran’s share market was bullish on Sunday as unprecedented currency prices fuelled demand for commodity-based and large cap stocks. The main gauge of Tehran Stock Exchange, TEDPIX, gained 14,...
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June 12,2022The government is drafting new measures to further reduce unauthorized cryptomining in the country. According to Mohammad Khodadadi, the official in charge of supplying power to legal...
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June 12,2022Foreign exchange rates hit a new record in Tehran’s unofficial market on Saturday. The US dollar crossed the historic level of 320,000 rials and jumped to 327,500 rials, registering 1.5% rise on...
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