Mohammad Reza Pour-Ebrahimi, the head of the Majlis Economic Commission has warned against the return of the command economy saying that the country can no more bear with the seemingly unending…
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.
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Tehran Stock Exchange's main index, TEDPIX, lost 1,304.57 points or 0.06% on Wednesday to end at 2,324,132.69. The TSE equal-weighted index gained 0.54%. About 19.99 billion shares worth 157.02…
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Banks and credit institutions are barred from paying the rial equivalent of deposits in foreign currency, a Central Bank of Iran official said.
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Economy Minister Ehsan Khandouzi has called on policymakers to come up with workable roadmaps to expand growth of the key insurance sector and boost its role in the economy.
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Tehran Stock Exchange's main index, TEDPIX, gained 36,150.13 points or 1.58% on Tuesday to end at 2,325,437.38.The TSE equal-weighted index climbed 2.16%. About 25.07 billion shares worth 172.…
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The minister of economy and finance, Ehsan Khandouzi, said the government has fulfilled its promise and transferred surplus assets of banks to the tune of 580 trillion rials ($1.13 billion) by…
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Market analysts have supported new rules announced by the Central Bank of Iran obliging buyers of cheap foreign currency to have forex bank accounts. Ehsan Naser, member of the Iran Chamber of…
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Tehran Stock Exchange's main index, TEDPIX, gained 14,221.44 points or 0.63% on Monday to end at 2,289,287.41. The TSE equal-weighted index climbed 1.30%. About 23.22 billion shares worth 170.…
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Tehran Stock Exchange's main index, TEDPIX, gained 21,119.49 points or 0.94% on Sunday to end at 2,275,066.71. The TSE equal-weighted index gained 1.59%. About 22.98 billion shares worth 161.55…
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In the last fiscal year (ended March 20), banks gave 1,690 trillion rials ($3.3 billion) in social assistance loans to 1.94 million low-income applicants largely for youth marriage, childbirth…
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The Central Bank of Iran has developed long-awaited guidelines for reforming bank commission systems, according to sources familiar with the matter. The guidelines are to be announced soon.…
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Tehran Stock Exchange's main index, TEDPIX, gained 74,023.64 points or 3.40% on Saturday to end at 2,253,946.41. The TSE equal-weighted index jumped 3.87%. About 25.28 billion shares worth 256.…
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Mohammad Reza Farzin, the governor of the Central Bank of Iran, says the regulator plans to dissolve several troubled banks by the middle of the current fiscal year (Sept 21) as part of efforts…
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Tehran Stock Exchange set new records in the week with daily retail transactions breaking a 27-month record with 195.63 trillion rials ($391.2 million) and the overall index registering a…
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The Central Bank of Iran has started printing 2-million-rial traveler' checks (‘Iran Cheque’) to help facilitate transactions, Ehsan Khandouzi, the economy minster said adding that decision was…
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The Central Bank of Iran said it has plans to launch a currency stabilization fund to lift the sagging rial and stabilize the chaotic forex market. According to Mohammad Reza Farzin, the…
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Tehran Stock Exchange's main index, TEDPIX, lost 22,336.64 points or 1.01% on Monday to end at 2,190,307.22 and the TSE equal-weighted index shed 0.05%. About 23.38 billion shares worth 163.87…
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The Central Insurance company of Iran (CII) has reported on the risk retention capacity of domestic insurers adding new companies to the list. According to the CII website, the state-owned Iran…
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The total value of Iran's capital market reached 90,833 trillion rials ($181.6 billion) by the end of the last fiscal year on March 20, 2023. It was 71,863 trillion rials ($143 billion) a month…
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Tehran Stock Exchange's main index, TEDPIX, gained another 10,256.51 points or 0.47% on Sunday to end at 2,212,642.98. The TSE equal-weighted index jumped 1.68%. About 29.55 billion shares…
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Iran Fara Bourse, the over-the-counter exchange, said it has plans to create two new markets this year, including one for knowledge-based enterprises. Mohammad Ali Shirazi, the CEO, said…
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Central bank governor, Mohammad Reza Farzin, has strongly defended the bank's new move selling the US dollar at 285,000 rials for importing essential goods, saying that it seeks to restore some…
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The Central Bank of Iran has a comprehensive plan to combat inflation and boost production with the help of other executive bodies, the bank's governor said. "Inflation is highly expected to be…
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Tehran Stock Exchange's main index, TEDPIX was up 64,921.20 points or 3.04% on Saturday ending at 2,202,385.49. The TSE equal-weighted index gained 3.91%. About 23.55 billion shares worth 163.…
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The Central Bank of Iran is planning to hold an event in Tehran to discuss international monetary relations and de-dollarization, the CBI deputy for international affairs, Mohsen Karimi, said.…
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