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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February 11,2022The government has no contingency for marriage loans which are set to double in the March 2022-23 fiscal year, a senior banker said. Mohammad-Reza Jamshidi, the secretary general of the Iranian... -
February 09,2022Tehran stocks closed on Tuesday higher paring some of the losses on the past two sessions. The main index of Tehran Stock Exchange, TEDPIX, gained 6,701 points or 0.53% to end trade at 1,281,169...
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February 09,2022An estimated nine million point-of-sale terminals are about to be suspended by the Iranian National Tax Administration because their operators failed to file tax returns, an official with INTA said...
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February 09,2022The Central Bank of Iran says it is in the process of moving all banking operations online to help improve access to banking services by a larger segment of the population. “This would augment...
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February 09,2022Iran Blockchain Association says it welcomes the government’s plan to legalize cryptocurrencies and digital assets. “Digital assets can be regulated and has now been incorporated into the...
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February 09,2022After a string of losses in the beginning of the week, foreign exchange rates dipped further on Tuesday as talks over reviving the Iran nuclear deal resumed. Gold also fell.
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February 08,2022Interaction between the government and central bank must be restructured to be able to tame inflation and reach sustainable and decent economic growth. “This [among other things] means the...
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February 08,2022The Majlis Joint Commission decided to double marriage loans to newlyweds in the March 2022-23 budget. The commission is an ad hoc parliamentary body comprising representatives from all...
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February 08,2022Tehran’s share market closed Monday lower as the benchmark of Tehran Stock Exchange, TEDPIX, retreated further from the psychological 1.3 million points. The TEDPIX lost 7,582.04 points and...
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February 08,2022Blockchain technology and cryptocurrencies have the potential to play an important role in Iran's economy, says an official with the Iran ICT Guild Organization. "By investing in blockchain...
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February 07,2022After a bull-run week, Tehran stocks trimmed some of the previous gains on Sunday amid a fresh wave of panic selling by retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, shed 22,...
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February 07,2022Private banks have a minimal role in confiscating real estate of business owners who defaulted on their loans. “At present only 11 small and medium-sized manufacturing units are under the...
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February 07,2022The Central Bank of Iran is working on measures to help attract more foreign currency to the banks. Ahmad Lavasani, head of the High Council of Iran Exchange Shops Union, says the CBI will...
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February 07,2022Iran’s foreign debt was $8.83 billion by end of the third quarter of the current fiscal year ending Dec. 21. According to Central Bank of Iran data, the foreign debt was $518 million or 5.5%...
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February 05,2022Almost 5,144 centers involved in illegal cryptomining were shut since last year. Fars News Agency said the collective power consumption of the banned centers was close to 607 megawatts, whereas...
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February 06,2022Central Bank of Iran data show that term deposits are growing over sight deposits, yet another indication that people keeping their money in banks for longer periods. Total term deposits were 34,...
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February 05,2022Foreign exchange rates plunged and the rial strengthened on Saturday amid new reports about progress in negotiations to revive the Iran nuclear deal. The dollar lost more than 3.6% against the...
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February 05,2022The main index of Tehran Stock Exchange, TEDPIX, was unstable at the beginning of trading week on Saturday as the benchmark pared some of the gains in the close of session. TEDPIX gained 3,273....
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February 04,2022After losses for four consecutive weeks, Tehran stocks showed signs of recovery in the last trading week that ended on Wednesday purred by new government pledges to bolster the bourse.
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February 04,2022Seoul and Tehran are reportedly mulling holding the first working-level meeting this month to resolve issues regarding Iran's assets frozen in South Korean banks due to the 2018 US economic...
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February 04,2022Head of the Trade Promotion Organization said it wants to use resources designated to bolster export by the National Development Fund of Iran, the sovereign wealth fund, to issue supplier credit...
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February 04,2022The government is planning to give subsidies via credit cards from the beginning of the next Iranian year in March to replace forex subsidies, a deputy minister of economy said. "Subsidy credit...
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February 04,2022Investors showed no inclination Tuesday to buy government bonds for the third straight week during the weekly auction held by the Central Bank of Iran. No bank or credit institution took part in...
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February 02,2022An official at the Economy Ministry said the new collateral-free lending program is not all-inclusive.
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February 02,2022The government officially adjusted downward the initial revenue projection from feedstock prices sold to industries in the 2022-23 fiscal budget. In a letter to the Majlis, published by the semi-...
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