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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April 14,2021The Central Bank of Iran is preparing a credit rating platform for bank customers based on their creditworthiness, the CBI’s deputy for innovative technologies said. Speaking on state TV, Mehran... -
April 14,2021After gains a session earlier Tehran’s share market was choppy on Wednesday to close trading week a little below the flatline. Bucking an 11-day declining trend a day before, the market failed to...
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April 14,2021Tehran’s forex market was calm Wednesday with most currencies posting slight changes. The dollar was sold at 248,700 rials in the free market down 500 rials or 0.21% compared to the previous day's...
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April 14,2021Tehran’s stock market moved into positive territory on Tuesday after posting declines for eleven straight sessions, thanks to rise in demand for large caps. The main gauge of Tehran Stock...
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April 14,2021Gold prices were of the descending order in Tehran on Tuesday amid limping demand. The popular Emami gold coin was 0.8% lower to end the session at 104.4 million rials, shedding 800,000 rials in...
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April 13,2021The Purchasing Managers’ Index for the housing sector in the 12th month of the last Iranian year (Feb. 19-March 20) settled at 63.93 from 64.28 of the preceding month (Jan. 20-Feb. 18), indicating...
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April 14,2021Data released by Shaparak, the company in charge of supervising Iran's domestic payment network, show more than 124 million bank cards were used at least once during the last month in the previous...
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April 14,2021The governor of Central Bank of Iran rejected the IMF’s estimation of Iran’s currency reserve in its latest report published last week. In a note posted on his social media account, Abdolnasser...
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April 13,2021Flights between Iran and the UK will resume on May 6, as the UK has unveiled a plan to lift its coronavirus restrictions.
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April 13,2021Despite some ease in sell side pressure on Monday, Tehran’s share market again closed in negative territory amid noticeable increase in the value of deals. The main index of Tehran Stock Exchange...
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April 12,2021The Securities and Exchange Organization, Iran’s stock market regulator, has allowed holding companies and investment firms to sell bonds to raise funds. Funds will be injected in the share...
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April 12,2021Multiple foreign exchanges rates in Iran is one of the main drivers of inflation in the country, the director of the International Monetary Fund’s Middle East and Central Asia Department said. ...
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April 12,2021The dollar was 0.75% higher Monday in Tehran's free market to reach 250,100 rials.
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April 11,2021The government has extended repayment deadlines for distressed bank loans of manufacturers for six more months, the vice president for economic affairs said.
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April 11,2021With deep recession battering Tehran’s share market, the major index of Tehran Stock Exchange, TEDPIX, declined on Sunday to log ten consecutive decline in a row. The market cap-weighted TEDPIX...
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April 11,2021The Central Bank of Iran's department for innovative technologies is working on projects aimed at improving transparency of the banking industry. Most projects are in collaboration with its...
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April 11,2021The Economy Minister Farahad Dejpasand in a letter to banks and credit institutions asked them to comply with interest rates announced by the Money and Credit Council, the top banking and monetary...
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April 11,2021Banks and credit institutions are barred from processing payment requests of customers lacking complete ID information stored in the banks’ data center as of April 26, an official with the Central...
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April 11,2021The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has repaid 110 trillion rials ($440 million) in debt to the government.
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April 11,2021The Energy Ministry's recent move to raise electricity prices for cryptomining has drawn the indignation of miners who claim the measure will tempt illegal mining and capital flight. Those...
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April 11,2021Tehran stocks opened trading week Saturday in negative territory extending a long losing streak that has lasted for two weeks. The main index of Tehran Stock Exchange, TEDPIX, lost 9,213 points...
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April 11,2021Gold prices declined again in Tehran on Saturday amid widespread closure of markets and despite lukewarm trends in the foreign exchange market. The Emami gold coin lost 1.65% and was worth 104.1...
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April 10,2021For the first time since the birth of Shaparak Network, Iran's domestic payment network, Beh Pardakht Mellat e-payment company lost its pole position as company with the highest number of monthly...
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April 10,2021Foreign exchange rates dropped on the last day of trading week Thursday, distressing prices in the domestic bullion market. The dollar lost close to 1.5% against the national currency to fetch...
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April 10,2021Governor of the Central Bank of Iran Abdolnasser Hemmati has denied accusations that the CBI's interest rate policy had a role in the stock market collapse in the last calendar year that ended in...
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