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.
January 18, 2019 19:51
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December 31,2018A report by the National Development Fund of Iran shows that the sovereign wealth fund allocated $14.7 billion in foreign exchange in loans through 20 agent banks during the first half of current... -
December 31,2018Fitch Ratings, the international ratings agency, has said in a report that Iran's banking supervisory authority will benefit from two bills sent by President Hassan Rouhani to parliament to push... -
December 30,2018Tehran Stock Exchange chief says during the first half of the current fiscal that ends in March, 296 trillion rials ($2.7 billion) worth of finance was secured via assorted trading instruments on... -
December 30,2018Tehran Stock Exchange’s main index TEDPIX gained 535.80 points or 0.33% on Sunday to end trading at 161,309.8. More than 2.56 billion shares valued at 8.29 trillion rials ($77.54 million) changed... -
December 30,2018According to a report by the Central Bank of Iran, about 6.3 million checks worth 619 trillion rials ($5.6 billion) were cleared by banks in the Iranian month Aban (Oct. 23-Nov.21) -- showing 0.19... -
December 30,2018As the bloody seven-year-old civil war in Syria winds down, the monumental task of rebuilding the country’s infrastructure is, and will be for a long time, the top priority in Damascus. Iran, one... -
December 29,2018Provisions of Note 5 of next year’s budget give details about Islamic bonds the government intends to issue in the next fiscal year that begins in March 2019. As per the proposal, public sector... -
December 28,2018Majlis Research Center, the powerful arm of parliament, has issued a warning about the next wave of inflationary pressure as a direct consequence of the exploding liquidity. A new MRC report says... -
December 29,2018Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and steadily climbed... -
December 28,2018Home prices in Tehran increased and property deals declined in the ninth month of the current Iranian year, Azar (ended Dec. 21), the Central Bank of Iran said. Latest data published by CBI on its... -
December 28,2018After unexpected gains in currency rates over the past week, the market returned to stability on Thursday. On the last trading day of the Iranian week, the US dollar dropped below the psychological... -
December 28,2018Tehran Stock Exchange closed the first week of winter with a positive return. TSE’s main index, TEDPIX, stood at the level of 158,000 points on Wednesday, up 2,000 points compared with the last... -
December 28,2018A survey by the Majlis Research Center, the parliamentary research arm, says security of investments declined slightly in the first quarter of the current fiscal that ends in March 2019, compared... -
December 26,2018Home prices are rising, but not in keeping with the pattern usually seen in Iran. Investors now seem reluctant to put their money in the construction business. The housing sector, especially in... -
December 26,2018As part of the next year's budget bill submitted to the Majlis on Tuesday, fifty trillion rials ($446 million) will be allocated to Bank Maskan - the main housing bank – to help the government-... -
December 26,2018A total of 5.27 million tons of finished and semi-finished steel products were exported from Iran during the first eight months of the current fiscal year (March 21-Nov. 21) to register a 2.09%... -
December 26,2018Tehran Stock Exchange main index (TEDPIX) recorded the highest return on investment compared to the main index of global capital markets in the UAE, Saudi Arabia, Turkey, USA, Germany, France,... -
December 26,2018Iran's main stock market rose on Wednesday, after investors' enthusiasms for bank and auto stocks along with foreign exchange rate rises helped to lift the market and pare Tuesday's losses. ... -
December 25,2018Foreign exchange rates on Tuesday registered dramatic increases after weeks of stability that saw the rial recover much of its earlier losses. The US dollar was traded 115, 000 in the afternoon, up... -
December 25,2018Iranian steel mills produced 22.5 million tons of crude steel during January-November, up 17.3% compared with last year’s corresponding period, according to the latest report released by World ... -
December 25,2018Iranian stocks fell again on Tuesday as concerns about the rout in global markets and weak oil prices heightened investor fears on a day that President Hassan Rouhani submitted next year's budget... -
December 24,2018After two successful offerings of crude oil on Iran Energy Exchange (IRENEX), officials have now rejiged the trading terms based on the needs of stakeholders. According to Ali Hosseini, managing... -
December 24,2018In the first nine months of current fiscal to Dec.21, almost 1.4 trillion rials ($175 million) in guarantees was issued or extended by the SMEs Investment Guarantee Fund. According to the IGF... -
December 24,2018With stocks delivering good winter runs after heavy losses in late autumn, retail investors are being lured back into the market days after Tehran's main bourse was about to sound the alarm.... -
December 23,2018A new decision approved by the Money and Credit Council obliges Iranian banks and credit institutions to pay interest on deposits on a monthly basis, calculating the minimum balance in a month as...
