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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November 09,2019The government will issue 49.9 trillion rials ($442 million) in Manfa’at Sukuk securities for its budgeting needs for this fiscal year (March 2019-20). Bonds will be issued on the request of... -
November 09,2019A review of the performance of financial markets in the first six months of current fiscal year (March 21- Sep. 22) shows that the stock market outperformed others in terms of both value and volume...
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November 09,2019Governor of the Central Bank of Iran says making the one-time password mandatory for banks is not possible now due to the problems of both lenders and customers. In an Instagram post late...
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November 09,2019Economy Minister Farhad Dejpasand said taxing bank account earnings is not on the agenda and denied rumors that the government may do so as part of its efforts to increase non-oil revenues. “We...
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November 09,2019After failing to attract customers for crude oil offered on the Iran Energy Exchange, the National Iranian Oil Company says it plans to again tweak rules and procedures in the process, an official...
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November 04,2019On the anniversary marking the US economic sanctions on November 4, 2018, governor of the Central Bank of Iran said the hostile restrictions and “maximum pressure” of the United States government...
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November 04,2019Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior banking...
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November 04,2019The registration for government-sponsored housing development project, the so-called "National Housing Initiative", has been postponed to Nov. 9 because of the public holiday on Nov. 6.
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November 04,2019Tehran stocks fell on Monday amid the pressure of a massive sell-off that initially swept bank stocks but later extended to equities of a wide range of listed companies. After delivering a flat...
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November 03,2019Electronic payment companies in Iran are working on alternative ways to replace debit cards with non-card payment methods, including through personal cellphones and biometric methods. Mohammad...
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November 03,2019Hossein Abdoh-Tabrizi, a prominent figure in Iran’s housing and finance sectors, has appraised the main challenges facing Iran's housing sector. In his opinion, the toughest challenges facing Iran...
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November 03,2019Time is running out for Tehran to meet the deadline set by the Financial Action Task Force to comply with the standards of the global anti-money laundering watchdog or face the consequences. ...
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November 02,2019Registration for government-sponsored "National Housing Initiative", aimed at supplying a total of 400,000 affordable homes, will begin on Nov. 6 in 10 provinces across the country, Minister of...
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November 02,2019Banks and credit institutions in Iran lent 3,821 trillion rials ($34.1 billion) during the first six months (March 21-Sept. 22) of the current fiscal year. The figure was 789.3 trillion rials ($7...
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November 02,2019The head of Central Insurance company of Iran, the regulator of the insurance industry, says insurers’ earnings from selling insurance policy will reach a record of 600 trillion rials ($5.3 billion...
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November 01,2019Following efforts to improve the financial transparency and discipline administrative bodies, the Central Bank of Iran has connected its Centralized Database for Loans and Commitments, known by its...
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November 01,2019Head of the company that oversees the long-awaited regulated foreign exchange market says the market is ready to start functioning and is awaiting a final go-ahead by the regulator. In response...
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October 01,2019Developing countries should have a bigger and stronger voice in the International Monetary Fund's decision-making process, the CBI governor told Kristalina Georgieva, the fund's new managing...
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October 30,2019Leaving behind lethargic times, equities in the Tehran Stock Exchange showed some signs of recovery Wednesday amid investor enthusiasm to buy shares of small companies. The TSE benchmark rose...
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October 30,2019The general price index of construction materials for residential units in Tehran rose 29% during the second quarter of the current Iranian year that ended on Sept. 22 compared with last year's...
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October 30,2019The Central Insurance company of Iran, the body in charge of supervising the industry, has released the long-awaited annual report on the performance of the insurance sector in the fiscal year that...
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October 30,2019An executive bylaw of the Central Bank of Iran has made it mandatory for banks and credit institutions to create special units to deal exclusively with possible money laundering issues. The bylaw...
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October 29,2019The head of Iranian National Tax Administration says the affluent in Iran do not have tax return files or largely evade fulfilling their tax obligations. Reviewing banking transactions of 300,...
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October 29,2019The National Development Fund of Iran, the country’s sovereign wealth fund signed 15 agency contracts with banks to pay $5.8 billion in foreign currency loans during the first quarter of the...
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October 29,2019The total number of bank debit cards, used for at least one transaction, in the sixth month (ended September 21) of the Iranian fiscal year reached 101 million, way higher than the 91 million cards...
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