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.

  • Shares Display Sign of Recovery
    Tehran Stock Exchange's main index, TEDPIX, showed some sign of recovery Tuesday gaining 45,127.56 points or 3.20%  to end at 1,454,483.03. The TSE equal-weighted index gained 2.32%. About 14.64...
  • E-Commerce Left in the Lurch
    The Center for Electronic Commerce Development, affiliated with Ministry of Industry, Mining and Trade has called on the Central Bank of Iran to announce cryptocurrency regulations without further...
  • IME Announces New Rules for Auto Trade
    The Iran Mercantile Exchange (IME) has announced new regulations for automakers to sell cars via this market. The two main companies, Iran Khodro and Saipa, are obliged to list a minimum of 2,000...
  • Legal Hassles Thwart Shrinking Surplus Assets of Banks: Majlis
    The government should ease rules related to the sale of excess assets of banks to augment much-needed transparency in the banking sector and tame the galloping inflation, a deputy head of the...
  • TEDPIX Up 1.44%
    Tehran Stock Exchange's main index, TEDPIX, gained 19,992.92 points or 1.44% on Monday to end at 1,409,355.07. The TSE equal-weighted index gained 1.48%. About 9.25 billion shares worth 48.42...
  • Industry Ministry, CBI to Boost Forex, Trade Coop
    A memorandum of understanding on forex and trade support was signed Monday between the Central Bank of Iran Governor Ali Salehabadi and Industry Minister Reza Fatemi Amin. It was agreed that the...
  • Iran’s Foreign Debt Near $10b in 2021: WB Report
    The latest International Debt Report by the World Bank Group shows Iran's foreign debt was $10.349 billion by the end of 2021.
  • TSE Shows Small Gain
    Tehran Stock Exchange's main index, TEDPIX, gained 5,624.89 points or 0.41% on Sunday to end at 1,389,362.23. The TSE equal-weighted index was 0.34% higher. About 7.8 billion shares worth 45.1...
  • Insurance Premium Income Rises by 57%
    Insurers generated 1,097 trillion rials ($3.048 billion) in premium in the first eight months of the current fiscal year (started late March), posting 57.79% growth on the same period last year. ...
  • TEDPIX Drops 1.36%
    Tehran Stock Exchange's main index, TEDPIX, lost 19092.52 points or 1.36% on Saturday to end at 1,383,737.53. TSE equal-weighted index lost 1.02%. About 8.1 billion shares worth 46.19 trillion...
  • Acquirer Banks Pay Less E-Payment Fees
    The supervisor of the domestic payment network, Shaparak, says acquiring banks paid 87 rials per every 100,000 rials of transactions the eighth month of the calendar year to Nov 22.  This was...
  • IRENEX Can Set Gas Sector Right: CEO
    Iran has more than 33 trillion cubic meters of proven gas reserves, accounting for 16.6% of the world’s total. This makes it the world’s second biggest after Russia.  For this precise reason it...
  • IKCO Expands Deals via IME
    Some 2,100 Peugeot 207s and Tara cars manufactured/assembled by Iran Khodro Company (IKCO) will be offered at the Iran Mercantile Exchange (IME) today (Dec 10).  The latest deal includes 1,600...
  • Bank Lending Jumps 47%
    Banks paid an estimated 23,312 trillion rials ($66.02 billion) in loans in the first seven months of the current fiscal year (started in March 2022), registering 47.2% growth on the same period...
  • Growth in IFB Trade 
    Iran Fara Bourse posted 201% increase in trade in the first eight months of the current Iranian fiscal year (March 22-November. 22). The IFB website said about 648.9 billion shares were traded at...
  • TEDPIX Slips 0.47%
    Tehran Stock Exchange's main index, TEDPIX, lost 6,573.46 points or 0.47% on Wednesday to end at 1,402,830.41. The TSE equal-weighted index climbed 0.21%. About 10.22 billion shares worth 55.61...
  • New Vistas Open for SME Growth
    The Securities and Exchange Organization (SEO) has paved the way to help ease share trading of small and medium-sized enterprises via the Iran Fara Bourse (IFB). In the past only legal persons or...
  • Bond Auction Raises $15m
    The weekly government bond auction held by the Central Bank of Iran barely generated 5.55 trillion rials ($15.3 million), after getting a cold shoulder for two consecutive weeks. Auctions are held...
  • Microcredit for 1,000 Startups, Tech Firms
    Qarz Al-Hasanah Mehr Iran Bank signed an agreement with the Vice Presidency for Science and Technology Affairs on Wednesday to give microloans to 1,000 plus startups and tech companies.  The...
  • Banks Sell $1.8b Surplus Assets
    Private and state-owned banks have sold 670 trillion rials ($1.8 billion) in surplus assets since 2015, the Economy Minister Ehsan Khandouzi said.   
  • The Future Is With Insurtech
    The head of the Central Insurance company of Iran (CII) reiterated the need for promoting insurtech services saying that fostering innovation is paramount for moving the industry forward.  "...
  • TEDPIX Rout Persists  
    TEDPIX, the main index of Tehran Stock Exchange, lost another 4,199.82 points or 0.30% on Tuesday to end at 1,409,404.41. The TSE equal-weighted index gained 0.39%. About 6.93 billion shares worth...
  • Role of Production Credit in Supply Chains Undeniable
    Production credit certificates, known by the Persian acronym Gam, are risk-free financing instruments in the monetary market.  Manufactures can and should use this finance credit to buy raw...
  • Monthly E-Payment Reaches $21.8 Billion
    An estimated 3.73 billion retail transactions were processed by the domestic electronic payment network Shaparak in the eighth month of the calendar year to November 22. Overall business via the...
  • TEDPIX Stumbles, Again 
    Tehran Stock Exchange's main index, TEDPIX, stumbled again losing 4,235.09 points or 0.30% on Monday to close at 1,413,604.71. The TSE equal-weighted index barely gained 0.12%. About 7.83 billion...

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