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 25,2020Banks will start issuing credit cards for owners of the so-called Justice Shares in the coming week, using the shares as collateral, a member of the High Council Securities and Exchange said. -
July 25,2020Iran Insurance Company, the largest and sole state-owned player in the domestic market, generated 47 trillion rials ($213 million) in premiums in the first three months of fiscal year (March 21-...
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July 24,2020Government stakes in four refineries will be put on offer through the second state-controlled exchange-traded fund in the near future, head of the Iranian Privatization Organization said. Alireza...
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July 24,2020The government has unveiled its coronavirus aid package for home renters. According to Governor of the Central Bank of Iran Abdolnasser Hemmati, a total of 200 trillion rials ($915 million) out of...
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July 24,2020Approximately 1,045.4 trillion rials ($4.75 billion) were made available to companies via Iran’s capital market in the first quarter of the current fiscal year (March 20-June 20). Market...
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July 22,2020Islamic bonds worth 61.7 trillion rials ($287 million) were sold during the weekly bond auction on Tuesday. The auctions are in line with the government’s efforts to access funds for fixing its...
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July 22,2020Tehran stocks were hit by selloff at the close of trading week on Wednesday as the currency market climate tilted toward more uncertainty and investor sentiment sagged, especially regarding the...
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July 22,2020The Swiss government's payment channel for humanitarian goods to Iran, known as Swiss Humanitarian Trade Arrangement (SHTA), is plagued by delays, raising concerns about the viability of the move...
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July 22,2020Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide. The USD traded at 218,000 rials for the...
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July 21,2020Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraqi officials during his tour to the Arab country, which could result in unfreezing...
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July 21,2020The US Treasury Office for Foreign Assets Control has recently allowed opening of a financial channel for sending humanitarian aid exclusively to Iran's Red Crescent Society, head of IRCS said....
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July 21,2020Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture says the chamber has called on the government to explain on what premise it has calculated the amount of unreturned export...
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July 21,2020Deputy Minister of Roads and Urban Development Mahmoud Mahmoudzadeh said 50% of tenancy agreements extended in the fourth month of the current fiscal year (June 21-July 21) were in conformity with...
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July 21,2020Tehran stocks fell on Tuesday after investor sentiment paled over significant drops in foreign currency prices. The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,642 points and dropped 0.45%...
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July 21,2020The rial pares some more of its losses against the US dollar on Tuesday amid a noticeable intervention by the Central Bank of Iran. The dollar dropped to 217,000 rials in the middle of the...
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July 20,2020The main index of Tehran Stock Exchange, TEDPIX, gained 60,000 points on Monday to climb 3.2%, closing the trading session at 1,924,798 points. Equal-weighted index rose by 2.25%, indicating that...
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July 20,2020Currencies took a drubbing in Tehran after rallying for seven consecutive days and the decline soon extended to gold prices. The rial pared earlier losses on Monday as the dollar lost more than 8...
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July 20,2020Out of 179 materials used in construction in Tehran Province examined by the Statistical Center of Iran during the second half of the last Iranian year (Sept. 23, 2019-March 19), copper sheet...
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July 20,2020The government will offer units of the second exchange-trade fund in the upcoming calendar month starting Wednesday, head of the Iranian Privatization Organization said. This is in line with...
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July 20,2020The gap between the cost of buying and renting is now at its highest level in Iran. The analytical report by the Persian economic newspaper, Donya-e-Eqtesad, using the Statistical Center of Iran’s...
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July 20,2020A trilateral agreement was signed by the Export Guarantee Fund of Iran, Export Development Bank of Iran and Arzesh Afarinan Pasargad Group to support the completion of export-based projects with up...
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July 19,2020The performance exchange-traded funds in Iran’s capital market shows the value of ETFs has grown at almost the same pace as the Tehran Stock Exchange. ETFs have posted up to 250% gain since the...
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July 19,2020Currency rates experienced sharp swings on Sunday, with major currencies soaring again to new highs at the start of the trading session before retreating later.
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July 19,2020Recovering from a two days of bear market, Tehran stocks made a stunning comeback Sunday with renewed interest in the giants. With 3.08% growth, the benchmark of Tehran Stock Exchange TEDPIX...
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July 18,2020Building on the memorandum of understanding signed earlier with the Securities and Exchange Organization to expedite listing private companies, the Iran Chamber of Commerce, Industries, Mines and...
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