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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March 13,2021Governor of the Central Bank of Iran Abdolnasser Hemmati says the bank’s foreign exchange policy has been crafted without taking into account billions of assets blocked overseas. He was... -
March 10,2021The government sold bonds worth 10.9 trillion rials ($40 million) at the weekly auction held by the Central Bank of Iran on Tuesday. A bank was the sole buyer at the interbank market putting in...
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March 10,2021Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Tuesday reviewed economic developments in the outgoing fiscal year (ends March 20). Addressing TCCIM members Masoud...
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March 10,2021With the new fiscal year fast approaching, senior managers of Central Bank of Iran met on Tuesday where the governor defended the bank's performance during the course of the past 12 months. ...
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March 10,2021Tehran stocks continued the previous session’s rally in the early hours of trade on Tuesday before retreating as sell side pressure mounted on large caps. The main index of Tehran Stock Exchange...
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March 09,2021The Central Bank of Iran in a report assessed the role of open market operations in monetary policy and "modifying interest rates" and "controlling money supply" in the last calendar month ending...
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March 09,2021With the fiscal year drawing to a close the stock market regulator has expedited its listing process giving a nod to two new companies to hold IPO on Wednesday. IPOs were put on hold for weeks due...
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March 09,2021The number of active credit cards, the least common bank card in Iran, increased 15.5% during the month to Feb 18 compared to the month before. Data released by Shaparak Company, the company...
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March 09,2021Blue chips in Tehran’s stock market on Monday added to slight gains a session earlier to log the biggest daily growth in 17 sessions. The market-cap weighted index of Tehran Stock Exchange,...
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March 07,2021The central bank governor says provisions of the March 2021-22) are likely to keep the money-printing presses busier and expand the money supply. In a note on the CBI website, Abdolnasser Hemmati...
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March 07,2021Sell-off pressure eased in the early hours of Sunday in Tehran's share market as demand for commodity stocks outweighed supply. The large caps rally pushed up the main gauge of Tehran Stock...
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March 07,2021Central Bank of Iran has inactivated 2.5 million POS terminals across the country based on newly-passed tax regulations for POS terminals. Mehran Maharamian, the CBI deputy for innovative...
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March 06,2021Tehran’s stock market opened trading week Saturday under renewed sell-side pressure. The main index of the Tehran Stock Exchange, TEDPIX, lost 8,192.41 points or 0.7% to end trading at 1,169,724...
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March 06,2021A review of electronic transactions processed during the last calendar month (Jan. 20 - Feb.18) showed that businesses have almost returned to the pre-COVID era in both the volume and value of...
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March 07,2021The Majlis has allowed the government to allocate a maximum 5% of its earnings from divesting shares in the bourse to market makers. The decision was made in an amendment to the 2021-22 fiscal...
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March 06,2021The domestic bullion market opened lower on Saturday influenced by the downside in international gold markets. The Emami gold coin was traded as low as 103.5 million rials losing 4.5 million...
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March 05,2021The Central Bank of Iran says decline in inflation expectation and relative stability in financial markets obviates the need for higher interest rates. Abdolnasser Hemmati, the CBI boss, in a...
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March 05,2021Banks and credit institutions paid 13,959.9 trillion rials ($55.8 billion) in loans to businesses in ten months since the beginning of current fiscal year that ends on March 20. The amount was up...
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March 05,2021The Iranian Fintech Association, a non-government body formed by fintech startups, has responded to measures announced by the Central Bank of Iran to block payment gateways of cryptocurrency...
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March 04,2021The Securities and Exchange Organization plans to tap the Capital Market Stabilization Fund to support retail investors. According to Mohsen Khodabakhsh, SEO's deputy for supervision on exchanges...
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March 04,2021Expediency Council, the top body in charge of settling legislative disputes, has asked the government to provide it with documents to clarify ambiguities concerning requirements mandated by the...
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March 04,2021During the latest round of bond auctions held by the Central Bank of Iran this week, the government sold bonds worth 30.3 trillion ($121 million). This week's auction featured a bigger...
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March 04,2021The parliament has approved parts of the fiscal 2021-22 budget bills, based on which newlywed couples can receive marriage loans worth up to 1 billion rials ($4,000) next year. Lawmakers on...
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March 04,2021After a brief hiatus, sell-side pressure resumed on Iran's stock market at the close of trading week on Wednesday.
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March 03,2021Foreign exchange rates and gold coin prices declined on Tuesday in Tehran’s market, after posting gains on Monday. Each US dollar was traded at 251,480 rials in Tehran’s free market, marking a...
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