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.

  • E-Payment Network Told to Let Go Contentious Symbol
    The government's Digital Economy Management Commission ordered Shaparak Company, the main e-payment network, to suspend new rules obliging payment facilitator applications to display the online...
  • Put Options Welcome 
    The Capital Market Development Fund (CMDF) says the capital market authority's decision to issue put options is welcome by retail investors. "So far 220,000 shareholders have purchased the...
  • IKCO to Sell Peugeot 207s via the Mercantile Exchange
    Iran Khodro Company (IKCO), the largest domestic automaker wants of sell some of its popular models via the Iran Mercantile Exchange.  It will offer 1,000 Peugeot 207s on November 21. The base...
  • $3.3b Allocated for Pharma Import: CBI
    The Central Bank of Iran says since mid-April it has allocated $3.34 billion for importing medicine. According to a press statement seen on the bank's website, the forex was paid as a part of an...
  • $43m Bonds Sold
    The government's weekly bond sale was held on Tuesday as banks and credit institutions again stayed away. Debt worth 10.623 trillion rials ($29.1 million) was sold in the 26th auction held by the...
  • TSE Rises Slightly 
    Tehran Stock Exchange's main index, TEDPIX, gained 3,149.48 points or 0.22% on Wednesday to end at 1,413,573.66. The TSE equal-weighted index gained 0.42%. About 6.53 billion shares worth 45.74...
  • New Rules for Cryptomining   
    First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019. Henceforth cryptominers should get special permits from...
  • Stock Market Sluggish 
    Tehran Stock Exchange's main index, TEDPIX, gained 2,285.47 points or 0.16% on Tuesday to end at 1,410,459.71 and the TSE equal-weighted index added 0.25%. About 5.62 billion shares worth 40.23...
  • CBI Says to Start Dollar Bond Sale
    The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market.  Forex will be offered at the state-owned Bank Melli, the...
  • TEDPIX Down 0.77%
    Tehran Stock Exchange's main index, TEDPIX, lost 10,965.69 points or 0.77% on Monday to end at 1,408,174.25. The TSE equal-weighted index lost 0.75%. About 6.84 billion shares worth 42.8 trillion...
  • CBI Rethinking Bank Charges  
    The Central Bank of Iran says it will revise banking fees starting from the beginning of the calendar year in March.  Mehran Mahramian, the CBI's deputy for innovative technologies, in a talk with...
  • IPI of Listed Companies Up 7.7% in One Month
    The Monetary and Banking Research Institute (MBRI) says the output of listed manufacturing companies has increased.  In a recent report it reflected on the monthly performance of 280 companies in...
  • Big Leap in Medical Insurance Industry
    Medical insurance emerged as the main source of revenue for insurers in the first seven months of the current fiscal year (started late March 2022), out earning the lucrative third-party auto...
  • Stocks Hit Pause
    Share prices in Tehran stumbled on Sunday bucking a rising trend that started two weeks ago.  Tehran Stock Exchange's main index, TEDPIX, lost 6,956.5 points or 0.49% on Sunday to end at 1,419,140...
  • REITs to Help Gov't, Banks Sell Assets
    Economy Minister Ehsan Khandouzi says the government will make use of real estate investment trusts (REITs) to reactivate its unproductive assets.  "REITs can help make best use of government...
  • TSE Ends Higher 
    Tehran Stock Exchange main index, TEDPIX, gained 11,739.16 points or 0.83% on Saturday to end at 1,426,095.96. About 9.29 billion shares worth 58.65 trillion rials ($202.24 million) changed hands...
  • Four More Banks Join ‘Gam’ Credit Structure  
    The Ministry of Industries, Mining and Trade signed a memorandum of understanding with four banks on Saturday allowing them to issue “Productive Credit Certificates”, known by its Persian acronym...
  • Bank Foreign Assets Pause
    Iranian banks held foreign assets worth 24,139.3 trillion rials ($68.8 billion) by the end of the fifth calendar month to August 22, up by 18.9% compared to the same time last year.  Central Bank...
  • New E-Check Service
    A new electronic check system was unveiled in Tehran on Saturday. The Deputy for Innovative Technologies at the Central Bank of Iran, Mehran Mahramian, told IRNA that the e-check system involved...
  • Growth in Term Deposits 
    Term deposits increased at a noticeable pace compared to sight deposits indicating savers are now eager to park their money for longer periods in banks, the Central Bank of Iran reported.  Total...
  • 300 Individuals Suspected of Money Laundering: FIC
    Iran has released the first list of individuals suspected of money laundering, an official of the Economy Ministry said. The move is signal to the world that Tehran is serious in its fight against...
  • TEDPIX Records 10% Weekly Gain
    Tehran’s share market wrapped up the week on Wednesday recovering some loss in recent weeks after it was hit by the biggest five-day loss since the beginning of the fiscal year in late March....
  • Bank Card Use Dips
    Data released by Shaparak, the company in charge of the domestic payment network, show more than 131.8 million bank cards were used at least once in the seventh calendar month to October 22. This...
  • CBI Says Has ‘Enough Resources’ to Control Spiraling Forex Rates
    Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past several...
  • Put Options for Retail Investors to Make Debut 
    The Capital Market Development Fund (CMDF) will start offering put options for retail investors at Tehran Stock Exchange and Iran Fara Bourse on Saturday in line with government's supportive...

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