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 24,2022The Central Bank of Iran on Tuesday unveiled a new platform ‘MahCheck’ that allows withdrawal of money from defaulters' accounts in other banks. Speaking at the unveiling ceremony, CBI Governor... -
August 24,2022An estimated 10.3 million tons of goods changed hands in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to August 22. Compared to the month before, deals increased 16...
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August 22,2022The Economy Ministry says creation of money by banks was cut by a third in the first four months of current fiscal year (March 20-July 22). In a press statement seen on its website, the ministry...
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August 22,2022Sell-side pressure again hit Tehran stocks Monday, for the fifth consecutive session, amid persistent outflow of capital by retail investors. The main index of Tehran Stock Exchange, TEDPIX, shed...
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August 22,2022Forex and gold prices posted significant growth in Tehran Monday, after continuous declines for two weeks. The US dollar gained 1.55% during the day in Tehran's open market and was traded at 294,...
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August 21,2022Tehran stocks opened trading week on Saturday again lower as sell-side pressure continued unabated through most stock categories. The main index of Tehran Stock Exchange, TEDPIX, lost 12,585.13...
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August 21,2022The Securities and Exchange Organization (SEO) is amending articles of associations of two major exchange-traded funds managed by the government, the SEO chief said. In a talk with state TV,...
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August 21,2022Banks and credit institutions divested 82 trillion rials ($282 million) in assets in one year, an Economy Ministry official said. According to Abbas Hosseini, deputy minister for banking,...
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August 21,2022A report by the domestic e-payment network, known as Shaparak, says major payment service providers showed meager change in their share in the growing market. Saman Electronic Payment (SEP)...
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August 21,2022The Iranian National Tax Administration (INTA) said income from investment in bonds and certificates of deposit (CDs) is taxable only for legal entity investors. In a bylaw INTA said the decision...
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August 20,2022Tehran’s share market opened trading week Saturday again lower as selloff pressure swept through almost all stocks. The main index of Tehran Stock Exchange, TEDPIX, lost 12,585.13 points or 0.87...
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August 20,2022Foreign exchange rates registered new lows against the rial in Tehran on Saturday. The US dollar dropped below the support level of 290,000-rial in the free market to buy 289,500 rials, losing 8,...
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August 20,2022The ratio of loans to deposits continued to decline in the last calendar month ending July 22, extending a declining order that has lasted for the fourth straight month. The loan-to-deposit ratio...
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August 20,2022The government has approved new rules requiring the Central Insurance company of Iran (CII) to create policy mechanisms for effectively supporting insurance startups. "The regulatory body of the...
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August 19,2022Share market investors welcomed stocks of small-size companies in the last working week as majority of commodity stocks in giant listed companies stumbled. The main index of Tehran Stock Exchange...
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August 19,2022Former governors of Central Bank of Iran have opposed parliamentary discussion of a controversial banking bill and asked lawmakers to stop the process. In a letter to Majlis Speaker Mohammad-Baqer...
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August 19,2022The ticker symbols of Tehran's two major football clubs, Esteghlal and Persepolis, will open next week, five months after their initial public offering, head of the Iran Privatization Organization...
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August 18,2022The national currency gained ground and pared losses following further guarded optimism about reviving Iran’s nuclear deal, which curbed demand for foreign currency. The US dollar fell below the...
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August 18,2022The government sold 36.2 trillion rials ($121 million) bonds in the latest weekly auction on Tuesday. It was the biggest bond sale during the 13 auctions held weekly since the May, the Economy...
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August 18,2022The central banks of Iran and Russia are in talks for connecting the Iranian financial system to Russia’s Mir payment network, a deputy minister of economy said in Tehran. "[If and when] an...
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August 18,2022The Central Bank of Iran has increased the reserve requirement of nine banks with weak finances, head of the CBI Department for Health Assessment said. “Six banks saw their legal reserve raised...
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August 18,2022Tehran stocks closed trading week Wednesday in negative territory amid lingering sell-side pressure. The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,101.69 points or 0.56% to end at 1,451,...
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August 16,2022Sell-side pressure hit majority of large cap stocks on Tuesday as investors shunned shares of commodity and export-based companies in anticipation of a stronger rial. The main index of Tehran...
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August 16,2022The Expediency Council has approved changes in the articles of association of the National Development Fund of Iran, the sovereign wealth fund. The council is a top state body responsible for...
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August 16,2022The Central Bank of Iran on Tuesday announced new rules to curb the growth of banks assets and control their balance sheets. The regulator appraises the performance of banks based on...
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