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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December 04,2019Shaparak, Iran’s payment settlement network, processed 2.22 billion transactions worth 2,522 trillion rials ($20 billion) in the last calendar month to Nov. 22. Compared to the month before, the... -
December 03,2019Banks have significantly cut borrowing from the Central Bank of Iran as the numbers declined more than 40% compared to the same period last year, the CBI governor said. Instead of borrowing from...
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December 03,2019The government is piling pressure on banks to put an end to their non-bank businesses by getting rid of surplus assets. The push appears to gain momentum in recent weeks as the Ministry of Economy...
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December 03,2019The benchmark of Tehran Stock Exchange TEDPIX gained 619.57 points, or 0.19%, on Tuesday to end trading at 320,814.4.
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December 02,2019Iran launched the first ever fund of funds (FOF) on Sunday as part of measures to promote knowledge-based companies. The FOF is named ‘Setaregan’ (stars in Persian) and started operation after...
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December 02,2019Brokerage companies handled 4,525 trillion rials ($37 billion) worth of stock market trade during the first eight months of the current fiscal year (March 21, Nov. 21) and 29% of the total was...
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December 02,2019The Central Insurance company of Iran has released data about the solvency of insurance firms based on their performance in the previous fiscal year (ended March 2019). The regulator (CII)...
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December 02,2019The main gauge of Tehran Stock Exchange climbed 0.48% on Monday to extend a winning streak into the eleventh day. TEDPIX gained 1,524.32 points for day to finish trading session at 320,194.8....
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December 01,2019Economy Minister Farhad Dejpasand unveiled an online system that tracks surplus assets owned by banks and credit institutions. The mechanism logs data on 18 banks, both private and state-owned,...
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December 01,2019Life insurance henceforth will not be tax exempt, the head of Iran National Tax Administration told reporters following a meeting with Iranian Insurers Syndicate. "Today I had the opportunity to...
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December 01,2019The main gauge of Tehran Stock Exchange gained more than 4,000 points on Sunday to claw back to the seven-week high of 318,000 points for the day, marking the biggest rally since the beginning of...
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November 30,2019Insurance penetration in Iran has been rising steadily over the past years, according to the head of the Insurance Research Center, affiliated to the Central Insurance company of Iran. “...
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November 30,2019Six European countries, namely Belgium, Denmark, Finland, the Netherlands, Norway and Sweden announced in a joint statement on Friday their intent to join the Instrument in Support of Trade...
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November 30,2019The main gauge of Tehran Stock Exchange climbed more than 1% on Saturday to register its biggest rally in a month (since Oct. 30). TEDPIX gained 3,357 points to close trading at 314,587.8. ...
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November 29,2019Despite persistent calls by economic experts and academia on the government to scrap subsidized currency allocations, it appears that the controversial forex policy to pay for importing basic goods...
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November 29,2019The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits issued decreased across the country in the first quarter of the...
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November 29,2019The newly appointed head of Iranian Privatization Organization- the state-run body overseeing the sale of state-owned companies, has pledged to use the stock market’s capacity in divesting the...
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November 27,2019During the month to November 22, more than 2.453 million tons of goods worth 108 trillion rials ($915.2 million) changed hands at the Iran Mercantile Exchange.
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November 27,2019The Money and Credit Council - a top body in charge of making monetary and banking decisions - approved a plan dubbed as the ‘productive credit certificate’ better known by its Persian acronym Gam...
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November 27,2019Iran’s capital market plans to develop a new index to track and evaluate the performance of startups and knowledge-based companies, says the CEO of Iran Fara Bourse, the over-the-counter stock...
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November 27,2019The main index at the Tehran Stock Exchange crossed the psychological level of 310,000 points on Wednesday after six weeks. TEDPIX gained 1,586.70 points, or 0.51%, for the day to end trading...
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November 26,2019Price of the US dollar rose 2.45%, or 2,950 rials, on Tuesday to reach 123,480 rials in the Tehran market. Each euro was worth 135,440 rials, registering 1.79% or 2,440-rial growth compared to the...
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November 26,2019During the calendar month to October 22, approximately 618,000 checks worth 103 trillion rials ($845 million) bounced, according to a report by the Central Bank of Iran. The figure is down by 10....
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November 26,2019Tehran’s home prices keep on falling despite the rise in the number of deals in the month leading to Nov. 21 compared with the preceding month, the Planning and Housing Economy Office of the...
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November 26,2019Benchmark of the Tehran Stock Exchange gained 1,166.43 points to 309,643.6 on Tuesday to send TEDPIX 0.38% higher for the day. Almost 3.42 billion shares worth 16.85 trillion rials ($140.4 million...
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