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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April 03,2022Following robust gains last week, Tehran’s share market opened trade on a strong note Sunday amid the heavy presence of retail investors. The main index of Tehran Stock Exchange, TEDPIX, gained... -
April 03,2022The Iranian National Tax Administration said interest on bank deposits of fixed investment funds are exempt from the new tax rules outlined in the fiscal 2022-23 budget. INTA sought to clarify...
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April 03,2022The Central Insurance company of Iran issued operation license for Saman Reinsurance Company, allowing the private firm to start operations. As per an announcement seen on the CII website, Saman...
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April 02,2022The Governor of Central Bank of Iran Ali Salehabadi said the bank will undertake comprehensive reforms in the new Iranian year that started on March 21. In a meeting with senior CBI managers...
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April 02,2022Tehran shares displayed promise on the eve of the Persian New Year (started March 21) as retail investors returned to the market and fresh liquidity flowed in. After the annual weeklong holiday,...
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March 16,2022Cryptocurrency and its underlying technology blockchain are seen as efficient solutions for improving economic conditions in underdeveloped regions. However, data has it that crypto-related...
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March 16,2022Iranian lenders granted loans worth a total of 25,432.9 trillion rials ($97.8 billion) to businesses in the course of eleven months since the beginning of current fiscal year (March 21- February 19...
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March 16,2022The benchmark of Tehran Stock Exchange, TEDPIX, gained 7,808.04 points or 0.58% on Wednesday to end trading at 1,345,030. About 10.87 billion shares valued at 111.56 trillion rials ($429.09...
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March 16,2022The Central Bank of Iran on Wednesday announced new foreign exchange rates based on which commercial banks should convert their currency assets. According to a press release posted on the CBI’s...
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March 16,2022The Securities and Exchange Organization on Tuesday unveiled four new platforms to improve its oversight of stock market trade. Mehdi Parchini, head of the supervision department of the SEO,...
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March 16,2022Leading a lukewarm session on Tuesday, the benchmark of Tehran Stock Exchange, TEDPIX, ended trade slightly higher. The market cap-weighted TEDPIX gained 2,492.03 points or 0.19% to finish...
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March 16,2022The Central Ban of Iran on Tuesday again warned banks and credit institutions not to violate caps set on interest rates. In a press release posted on its website, the regulator said reports and...
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March 16,2022Iran’s foreign debt reached $8.47 billion by the end of the calendar month to January 21. According to Central Bank of Iran data, the amount was 7.3% lower compared to the beginning of the fiscal...
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March 15,2022The decision to tax bank deposits of legal entities may force investment funds in the capital market to change track in their asset portfolios, Mohsen Khodabakhsh, the vice chairman of board of...
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March 15,2022The latest monthly report of Iran's e-payment network, published by Shaparak Company, shows Saman Electronic Payment (SEP) company topped the list of payment service providers in the month to Feb....
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March 15,2022The Central Bank of Iran reported 40% rise in term deposits on an annualized basis by the end of the 10th calendar month to Jan. 20. Total term deposits reached 36,280.8 trillion rials ($141...
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March 15,2022Major indices of Tehran’s share market closed near the flatline on Monday amid noticeable decline in trade by retail investors. Swinging between positive and negative zones, the benchmark of...
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March 15,2022The Credit Commission of the Central Bank of Iran has agreed to raise the cap on Qarzol-Hassanah (interest-free microcredit) loans up to fourfold. According to a press release posted on the CBI...
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March 14,2022The benchmark of Tehran Stock Exchange, TEDPIX, closed on Sunday slightly above the flatline, paring losses in the beginning of the session. Amid rising demand for some large caps in the middle...
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March 14,2022Electronic negotiable instrument will become tradable in the equities market in the near future, an official at the Economy Ministry said. According to Ebrahim Sayami, head of the ministry’s...
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March 14,2022Foreign assets of Iranian banks reached $80 billion by the end of the tenth calendar month to Jan. 20. The Central Bank of Iran in a report said the assets were 46.1% higher compared to the same...
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March 14,2022Forex rates saw big swings in the past two sessions in the unofficial currency market in Tehran with prices moving up on Sunday.
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March 14,2022The parliament is working on legislation that will cap payouts in third-party auto insurance coverage for luxury cars. “Owners of luxury cars should buy auto body insurance [to be able] to...
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March 13,2022The Central Bank of Iran is intensifying controls over bank loans via electronic platforms, head of the CBI public relations department said. In a note posted on his social media account, Mostafa...
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March 13,2022A major Iranian cryptocurrency exchange platform, Nobitex, has published a detailed report on its performance in 2021, claiming that it recorded 728% growth in the number of users. The exchange...
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