Business And Markets

The managing director of the Securities and Exchange Organization says changes in daily price spread is crucial for the share market. Majid Eshqi said this in a meeting Sunday with members of…

Tehran stocks opened Saturday on a strong note as demand outweighed supply for the second consecutive session in a row pushing up all market indicators.  The benchmark of Tehran Stock…

The Ministry of Industries, Mining and Trade said Iran's funds held in Iraq will be used for purchasing food and medicine. In a letter to food, drugs and cosmetics industries, the ministry…

The Central Bank of Iran issued instructions on Saturday to banks to return seized properties to the original owners.   The decision was made in a meeting of the Money and Credit Council…

South Korea and Iran plan to hold working-level consultations next month in Seoul to discuss ways to untangle yearslong disputes over Tehran's assets frozen here under US sanctions, an informed…

Tehran stocks closed the week in the red logging the fourth consecutive week of negative returns amid investors rush to take their money and flee.  The main index of Tehran Stock Exchange…

The Central Bank of Iran said it will launch its digital currency (CBDC) project in the near future.   According to Mostafa Ghamari Vafa, head of the CBI public relations department, the…

Private companies issued sukuk worth 183 trillion rials ($653 million) in the first nine months (March 21-Dec. 21 2021) of current fiscal year. 

Head of the Central Bank of Iran and the Minister of Industries this week underlined the need to promote non-oil exports. In their regular meeting, it was decided to “coordinate foreign trade…

Bank Melli Iran, owned by the government, has denied recent claims about leaks of customers' personal data.  "Security teams of the bank and its subsidiaries looked into the claims soon…

In a report on the government’s 2022-23 budget outlays, the Majlis Research Center said the section on increasing the capital of state-owned banks will do little in improving their efficiency.…

The government’s renewed pledge to support the stock market helped boost investors’ sentiment after share prices plunged in recent days.  The benchmark of Tehran Stock Exchange, TEDPIX,…

Government bonds found no buyers in the weekly auction for the second week in a row.  Out of a total of 58 trillion rials ($207 million) bonds on offer on Tuesday only 1 trillion rials ($3…

A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the new lending policy initiated by the Central Bank of Iran to fund manufactures.  

The Tehran share market incurred more losses on Tuesday, extending a losing streak into the third session as sell side pressure continued unabated.  The benchmark of Tehran Stock Exchange…

Linking the capital market to the crypto market can and will encourage foreign investors to put their money in Iran’s capital market using tokens backed by assets, an official with the Stock…

Foreign assets of Iranian banks reached 20,733.3 trillion rials ($74 billion) by end of last November.  This is up 37.7% compared to the similar period last year and was 32.5% higher in…

Tehran Stocks posted the second big loss in two straight sessions on Monday amid retail investors struggling to exit the market and the nonstop outflow of capital.  The main index of…

The National Informatics Corporation of Iran has submitted   to the regulatory sandbox of the stock market a plan to launch digital asset funds, the CEO said.

The Iranian Privatization Organization is seeking to divest the remaining government shares in three banks, the IPO head said.  “The government holds 8% stake in Bank Saderat Iran, 10% in…

Monetary data released by the Central Bank of Iran show that highly liquid assets are growing at a much slower pace than their less liquid peers. 

An estimated 7.3 million tons of goods and commodities worth 599 trillion rials ($2.2 billion) were traded in the spot market of the Iran Mercantile Exchange in the calendar month ending Jan. 20…

Tehran stocks closed Sunday under heavy selloff pressure as budgetary decisions weakened sentiments.  The main index of Tehran Stock Exchange, TEDPIX, lost 25,254 points or 1.97% for the…

The Iran National Tax Administration announced tax exemptions for businesses that register their POS terminals before February 21. 

Banks will no longer demand collateral for loans below 1 billion rials, a deputy with Economy Ministry said.  Abbas Hosseini, the ministry’s deputy for banking, insurance and state company…