After days of rout at Tehran Stock Exchange, TEDPIX staged a tepid rally on Saturday thanks to the banking and auto sectors' outperformance.
Business And Markets
<p>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.</p>
More than 153,000 tons of commodities were offered on Iran Mercantile Exchange’s various trading floors on Saturday.
With China imploding, Latin America in heavy decline and Russia seemingly on a path of global exclusion, the emerging market growth of yesterday is looking increasingly unattractive, writes…
Exactly half a century after the publication of Nasser Motamedi’s book “Iran is Not an Agricultural Country: It Has to Industrialize”, the government is focusing on finding the best way to…
With recent upheavals in the foreign exchange market, demand has tilted toward both the US dollar and the precious metal. Although the greenback had remained stable during the past months with…
The revised tax law has now kicked in, requiring the owners of vacant homes to pay taxes on their property. The measure—which was to announced last week but would take a year to be implemented—was…
A study of non-interest incomes generated by 19 local commercial banks in the past two years has given an insight into the performance of each bank in terms of collecting banking fees and foreign…
Norwegian economist, Erik Steenfeldt Reinert, is not only well known in his home country for introducing controversial ideas on the theory of uneven development, he has also been widely noticed…
A shatterproof glass production unit was inaugurated in Shokouhieh Industrial Park in Qom Province by Parliament Speaker Ali Larijani on Wednesday in the presence of the Director of Qom Industrial…
Tehran Stock Exchange’s overall index retreated 1,012 points or 1.5% during the week that ended August 26 amid the bearish sentiment prevailing in the equity market.
According to TSE data,…
The decks have been cleared for India to lease and develop the strategically important Iranian port of Chabahar. This will provide an alternative route for India to trade with Afghanistan and…
The reintegration of Iran in the world economy represents a critical opportunity for the strengthening of strategic ties between the Islamic Republic and the People’s Republic of China.
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Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of continuous endeavor to provide world class services through the latest technology and innovation, has upgraded its core…
Central Insurance of Iran–the main insurance regulatory body—says its biggest concern would be to ensure the financial health of insurance companies and ascertain their ability to compensate their…
Minister of Economic Affairs and Finance Ali Tayyebnia expressed hope that injection of new cash into the banking system in the coming fiscal year (starting March 21, 1016) will help solve the…
A number of foreign investors, who have visited Aras Free Trade Zone in northwestern Iran, have voiced readiness for investment in the area, a senior trade official announced on Friday. Over 26…
The Central Bank of Iran on Wednesday unveiled a redesigned 500,000-rial Iran Check on the occasion of the birth anniversary of Imam Reza, the eighth Shiite Imam.
The check originally…
Goods and services Consumer Price Index for urban areas increased 15.4% in the 12-month period ending August 22, which marks the end of the fifth month of the Iranian year Mordad, compared to the…
Fixed-income securities, which play a key role in capital markets worldwide, are an essential means for financing businesses. In Iran’s capital market, Islamic securities known as sukuk, with…
As the country prepares for the post-sanctions era, the Ministry of Industries, Mining and Trade recently highlighted its main strategies for attracting foreign investments in the manufacturing…
More than 376,000 tons of commodities were offered on Iran Mercantile Exchange’s trading floors on Wednesday.
Iran Fara Bourse’s benchmark inched up 1.59 points or 0.22% on Wednesday to close at 728.39. More than 220 million securities changed hands in 12,238 transactions valued at $18.35. The highest…
Export Development Bank of Iran has reached an agreement with Bank of China—one of the top 10 banks in the world—to start cooperation, said the Iranian bank’s manager. “The state-run EDBI needs to…
A private bank official has urged his fellow bankers to adopt realistic banking ads that reflect the lives of ordinary citizens.
Babak Dorbeigi, director of Parsian Bank’s Public Relations…
The US dollar continued its weekly surge against the rial to hit a five-month high in the free market.
As of 1010 GMT, the greenback was traded at 34,200 rials at bureaux de change across…
