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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June 30,2019The latest data on deposits with banks and credit institutions indicate that total deposits stood at 20,673 trillion rials ($159 billion) by the end of the previous fiscal year’s last month (March... -
June 29,2019More than 7.2 million checks worth about 991 trillion rials ($7.65 billion) were drawn in Iran during the second month of the current fiscal year (started May 21), the Central Bank of Iran’s latest...
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June 29,2019Home prices in Tehran continued to increase while the number of property deals declined in the third month of the current Iranian year (ended June 21), latest data released by the Central Bank of...
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June 29,2019The remaining signatories to the landmark nuclear deal between Iran and six world powers, formally known as the Joint Comprehensive Plan of Action, announced in a statement that the EU mechanism...
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June 26,2019The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran’s overseas transactions would further add to the already detrimental effects of US sanctions...
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June 26,2019Tehran Stock Exchange extended earlier gains on Wednesday as financial reports of major listed companies continue to boost investor sentiments. The main gauge of TSE added another 3,400 points to...
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June 25,2019Bank Mellat is not willing to barter its damage claims after winning a lawsuit against the UK Treasury in exchange for goods, CEO of the bank said. “We are not after bartering the (financial)...
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June 25,2019The remaining government shares in three companies will be offered on the stock market during the current Persian month to July 22, according to an official with the Iran Privatization Organization...
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June 25,2019Stocks in Tehran climbed more than 1% on Tuesday adding another 2,000 points to its two-day gains. Although stocks began mid-day trade in negative territory, the benchmark of the Tehran Stock...
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June 24,2019More than 183,000 tons of hydrocarbon products valued at 10 trillion rials ($74.34 million) were traded in the Iran Energy Exchange spot market in the last Persian month to June 20.
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June 24,2019The government paid 360 trillion rials ($2.8 billion) to compensate losses incurred by the misconduct of shadow banks and unruly lenders in recent years, said Mohammad Baqer Nobakht, the head of...
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June 24,2019The main gauge of Tehran Stocks Exchange hit a new high and entered the 240,000 channel as investors expect up-beat earnings reports of listed companies for the month to June 22. The bull market...
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June 23,2019Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima). Nima is a platform...
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June 23,2019The main index of the Tehran Stock Exchange climbed 1.5% on Sunday after four consecutive days of bear market. Stocks in the mineral, chemical, telecom and refinery groups contributed the most to...
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June 22,2019The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati. In an Instagram post on Friday, Hemmati...
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June 22,2019The Statistical Center of Iran has published a new report on home and land prices, in addition to rents, showing all have increased significantly across the country during the fourth quarter of the...
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June 22,2019The Financial Action Task Force, the global anti-money laundering watchdog, decided on Friday to continue the suspension of counter-measures against Iran until October. In a statement published...
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June 21,2019A food industry guild association has called on German firms to create a mechanism for trade with Iran to help mitigate the impact of tough United States economic sanctions. In a meeting with a...
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June 21,2019The government will not change its current policy to subsidize imported essential goods and food up until next March, the government spokesman said. “There won’t be any change in the forex rates...
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June 21,2019Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country. Nima is the platform...
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June 19,2019President Hassan Rouhani said Wednesday if the Expediency Council fails to ratify the remaining two anti-money laundering bills, Iran’s banking relations with the outside world would be imperiled...
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June 19,2019The highly touted monetary mechanism -- open market operation -- to regulate the interbank market, is getting the final touches and will be launched soon, said the governor of the Central Bank of...
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June 19,2019The Tehran Stock Exchange reentered the bear market from Monday, which had pushed down its main gauge more than 3,000 points in three straight days of trade. After a shining performance last week...
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June 18,2019President of the Instrument in Support of Trade Exchange (INSTEX) recently conferred with economic and business authorities in Tehran on ways to remove barriers to launching the long-awaited...
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June 18,2019The High Council of the Economic Coordination will convenes on Thursday to decide the fate of the highly controversial subsidized forex policy for importing essential goods, said an official...
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