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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August 14,2021Insurance companies in Iran managed to improve their solvency margin ratio in the last fiscal year (ended March) to acceptable levels, an official with the Central Insurance company of Iran, the... -
August 14,2021The Securities and Exchange Organization plans to reform policy related to initial public offering for “risky” and small-size listed companies, the SEO deputy for market supervision said....
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August 11,2021Iran's Securities and Exchange Organization has no plan for hosting cryptocurrency trade in the capital market, head of the organization said. "The SEO [so far] does not have plans for the entry...
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August 11,2021Tehran stocks closed trading week Wednesday higher amid a buying frenzy that has been pushing up market indicators. The benchmark of Tehran Stock Exchange, TEDPIX, gained 30,778.64 points and...
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August 11,2021An investment company affiliated to the Civil Servants Pension Organization (CSPO) held an initial public offering on Wednesday at Iran Fara Bourse, the junior equity exchange.
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August 11,2021Extending a week-long rally at Tehran foreign exchange market, the dollar advanced above the 260,000-rial level to reach the highest level in nine months.
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August 10,2021The Central Bank of Iran continues to implement open market operation to curb the excess liquidity of lenders in the interbank market. During its weekly implementation of OMO, the CBI conducted...
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August 10,2021Tehran stocks made one of the biggest advances on Tuesday, rising for six successive sessions amid the spike in currency rates that have apparently fuelled demand for most commodity shares. The...
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August 10,2021The nationwide payment network, Shaparak, processed 3.37 billion transactions worth 5,605 trillion rials ($21.47 billion) during the Iranian month to July 22 – up 2.04% in volume and 1.42% in value...
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August 10,2021The ascending order of forex rates in Tehran continued on Tuesday with the dollar moving above 260,000 rials in the open market. The greenback climbed more than 1.7% or 4,400 rials and was quoted...
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August 10,2021The fifth wave of the Covid-19 pandemic infected over 40,800 Iranians and left 580 dead on Monday, the country’s largest single-day rise in cases and mortalities.
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August 10,2021Tehran stocks extended a winning streak into the fifth session on Monday as demand outweighed supply for both small and large cap stocks. The market-cap weighted index of Tehran Stock Exchange,...
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August 10,2021On the 61st anniversary of foundation of Central Bank of Iran, its governor Akbar Komijani hailed the efforts to counter what he described as an “economic war”.
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August 10,2021Foreign exchange rates increased for the third consecutive session on Monday with the dollar quoted as high as 258,500 rials in Tehran open market. The domestic bullion market however, was down in...
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August 10,2021Liability insurance policies account for about 5% of insurance firms' annual premium income and experts believe that the category has the potential to play a bigger role in insurers' portfolios if...
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August 09,2021Banks have received 100,000 requests for credit cards for which Justice Shares can be used as collateral, an official with the Central Security Depository of Iran (CDSI) said. "Since the beginning...
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August 09,2021Iran Fara Bourse, the junior equity market in Tehran, launched an internet TV on Sunday to help improve the financial literacy of stock market investors. The ITV “Vachar”, is borrowed from the old...
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August 08,2021The managing director of Iran Mercantile Exchange in a letter to banks announced that the IME is willing and able to help them divest their non-financial assets. Addressing managers of 27 state...
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August 08,2021After eking out a 7% gain a week before, Tehran stocks started a lukewarm session at the beginning of trading week on Saturday. The main index of Tehran Stock Exchange, TEDPIX, gained 1,718.18...
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August 09,2021The number of bad checks have increased in the calendar month to June 21 three months after enforcement of stringent new rules to help improve credibility of check transactions. Data released by...
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August 09,2021Demand for large caps boosted the Tehran stock market on Sunday following a lukewarm session a day earlier. The main index of Tehran Stock Exchange, TEDPIX, gained 10,100 points or 0.72% to end...
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August 08,2021The Iranian National Tax Administration has prepared a draft proposal for taxing cryptocurrency exchanges and called on the relevant regulatory bodies to pave the way for legalizing the crypto...
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August 08,2021Assets owned by banks reached 84,606.4 trillion rials ($338 billion) by the end of the previous quarter on June 21, 50.3% higher y/y. Foreign assets grew 60% y/y from 12,586.4 trillion rials ($50....
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August 06,2021The Central Insurance company of Iran, the regulatory body of the industry, issued permission for the establishment of a general insurance company last week to improve and expand services. Farda...
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August 06,2021While parallel markets were rather lukewarm in the last trading week, Tehran’s share market was in upbeat mode in the working week ending Wednesday. The benchmark of Tehran Stock Exchange closed 6...
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