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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July 09,2019After two consecutive days of rallies, trade in Tehran Stock Exchange tumbled on Tuesday as the stocks of major listed companies hit by selloff pressure. The selloff in metal, refineries and... -
July 08,2019The latest data released by the Central Bank of Iran indicate that total liquidity crossed 18,828 trillion rials ($144.8 billion) by the end of the last fiscal year (ended March 20, 2019). The...
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July 08,2019Iran’s overseas debts have declined from $10.03 billion reported at the end of the fiscal third quarter (Dec. 21, 2018) to $9.3 billion by the end of the fourth quarter (March 20, 2019), indicating...
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July 08,2019Cheered by the seasonal performance report of listed companies, stocks in Tehran’s market continued to extend earlier gains on Monday, amid the weak performance of world stocks. The main gauge of...
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July 07,2019Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy market. According to...
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July 07,2019The performance of Export Guarantee Fund of Iran in covering export risks has grown 102% during the first quarter of the current fiscal year (started March 21), compared with the corresponding...
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July 07,2019Following a brief correction phase on Saturday, Tehran Stock Exchange clawed back into positive territory on Sunday as the massive selloff pressure abated and investors’ sentiment was boosted by...
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July 06,2019The Special Trade and Finance Institute, the Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange (INSTEX), is testing the payment channels for...
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July 06,2019With summer comes new demand for rental housing in Iran. Although the pace of price hike in the rental market was slower than that of housing purchase prices, experts expect landlords to increase...
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July 06,2019The Central Bank of Iran is working on plans to adjust policies regarding working capital granted to manufacturing units to ensure the loans are actually used for boosting production and staving...
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July 06,2019After leaving behind a relatively tepid week, stocks in Tehran’s market began trading week in negative territory, amid selloff pressures over a wide range of equities. The main gauge of Tehran...
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July 05,2019French Finance Minister Bruno Le Maire said on Thursday he hopes the EU special trade mechanism, known officially as Instrument in Support of the Trade Exchange (INSTEX), completes a first limited...
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July 05,2019The secretary-general of Iran-Iraq Chamber of Commerce said only the import of goods not included in the US sanctions list is possible through the trade channel designed to facilitate trade between...
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July 05,2019The foreign exchange rate in Integrated Forex Deals System (Persian acronym for Nima) has been hiked in recent months to come closer to the rates quoted on the Sana website that reports the average...
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July 03,2019The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales, Iran...
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July 03,2019Six million bank accounts used for money laundering and goods smuggling have been monitored and blocked, the head of Iran’s Headquarters for Combating Smuggling of Commodities and Foreign Currency...
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July 03,2019Stocks continued to extend earlier gains on Wednesday, amid rising demand for the equities of small companies. The main index of Tehran Stock Exchange, TEDPIX, gained 668 points, or 0.27%, to end...
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July 02,2019Exporters of non-oil products have repatriated €5 billion of their export earnings to the economic cycle of the country since the beginning of the current fiscal year (started March 21), a Central...
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July 02,2019Following a brief correction phase on Monday, stocks in Tehran Stock Exchange rebounded on Tuesday to push the main gauge of TSE 0.57% higher.
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July 01,2019Iran's housing market is bracing for inflationary recession despite a widening home supply deficit, the Comprehensive Housing Plan’s deputy for research said. Referring to the recent hike in home...
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July 01,2019The foreign exchange rate in Tehran has been on a declining trajectory since the beginning of the Iranian week on Saturday, amid a noticeable decrease in demand for foreign currency. Each US...
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July 01,2019Following rallies for four consecutive sessions last week, the stock market turned bearish on Monday as selloff pressure ramped up in the absence of substantial buying. The downward trend, which...
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June 30,2019A report by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that the value of equities traded in the stock market during the first two months of the current fiscal year (March...
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June 30,2019The latest data on deposits with banks and credit institutions indicate that total deposits stood at 20,673 trillion rials ($159 billion) by the end of the previous fiscal year’s last month (March...
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June 30,2019The governor of the Central Bank of Iran says the European Union’s newly-launched trade mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), needs to be financed by importing...
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