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 19, 2021 23:46
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July 06,2021Tehran’s share market made one of the biggest advances on Tuesday rising for two sessions in a row as demand for most commodity shares remained high. The main gauge of Tehran Stock Exchange,... -
July 06,2021The Central Bank of Iran says it is restraining surplus liquidity of banks in the interbank market. In a press release posted on its website, the CBI said it implemented the reverse repurchase...
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July 06,2021After consecutive rallies led by large caps and blue chips, investors now appear to be leaning towards small caps that were largely sluggish in previous sessions. While there was a general upbeat...
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July 06,2021Iran Energy Exchange is to launch futures contracts for petroleum products in near future, the IRENEX chief said. “The Securities and Exchange Organization approved the guidelines last week to...
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July 06,2021Iran’s Trade Promotion Organization in a notice urged exporters to meet the Sept 21 deadline to repatriate their forex income.
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July 06,2021Foreign exchange rates declined in Tehran’s free market on Monday amid uncertainty about the nuclear talks in Vienna and emergence of the fifth wave of Covid-19 infections across the country. The...
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July 06,2021The Iran Energy Exchange and Iran Mercantile Exchange, the two commodity exchanges, approved capital increase this week.
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July 04,2021A recent study estimates that information technology investment barely accounts for 1.73% of Iranian banks' annual spending. This is while a sharper focus on the key sector can and will boost...
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July 04,2021A total of 363 companies are responsible for the majority of the unreturned overseas export income, an official with Iran’s Trade Promotion Organization said. “They have not repatriated forex...
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July 04,2021Tehran stocks were choppy on Sunday. The market opened in negative territory before briefly moving to the positive side in mid-trade and returning into the red zone again. Despite the ease in sell...
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July 04,2021The Central Bank of Iran says volatility in the currency market is ephemeral. In a press release published on its public relations website, it said “macroeconomic variables improved last year...
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July 03,2021Foreign exchange rates in Tehran started the week without fanfare as the market takes a wait-and-see approach given the uncertainty surrounding the extended nuclear talks in Vienna and the...
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July 03,2021The nationwide electronic payment network, known as Shaparak, handled 3.3 billion transactions worth 5,527.27 trillion ($22.1 billion) during the third month of the current fiscal ending June 21....
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July 03,2021The Trade Promotion Organization of Iran gave export incentives to the tune of 33 trillion rials ($132 million) to 200 plus companies, the TPO chief said. Hamid Zadboum said the support was in the...
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July 03,2021Tehran stocks bucked a rising trend on Saturday that lasted for 10 sessions in a row as sell-side pressure mounted again in most large caps. The benchmark of Tehran Stock Exchange, TEDPIX, shed 10...
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July 02,2021With the decline in number of deals and noticeable investor reluctance, income tax from share trade declined sharply in the first quarter of current fiscal year (March 21-June 21). Also known as...
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July 02,2021Lawmakers reportedly have a plan for disciplining the cryptocurrency market, one of the articles of which requires licensed miners to regularly report the Central Bank of Iran regarding their...
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July 02,2021The Majlis Industries and Mines Commission has completed examining a bill that calls for auto marketing via the Iran Mercantile Exchange. Dubbed as “Disciplining the Auto Industry”, the bill has...
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July 01,2021To improve transparency in the stock market, the Securities and Exchange Organization said henceforth investors will have access to the price-to-sales ratio (P/S) via the market’s bulletin board...
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July 01,2021Investors showed some renewed interest in government bonds at the weekly auction after having shunned the debt market for months. In the sixth round of auctions in the current fiscal year that...
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June 30,2021Leaving behind a prolonged bearish trend, Tehran’s stock market is making a slow advance with the main gauge of Tehran Stock Exchange, TEDPIX, gaining close to 9% in 10 consecutive rallies.
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July 01,2021The Cabinet on Wednesday appointed Ali Akbar Komijani as the new governor of the Central Bank of Iran. Born in 1951, Komijani was a vice-governor of the CBI since January 2014. He was the CBI...
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July 01,2021The dollar continued to gain against the national currency on Wednesday strengthening above the critical 250,000-rial level. In choppy trade the greenback made a brief retreat to 250,000 rials...
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June 30,2021Foreign exchange rates continued to rise on Tuesday with the dollar crossing the 25,000-rial range -- the highest in 11 weeks. The dollar was sold at 251,300 rials in Tehran's open market, up 1....
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June 30,2021A memorandum of understanding was signed on Tuesday by heads of the Iran Energy Exchange (IRENEX) and the High Council of Free Trade and Special Economic Zones to boost cooperation. The MoU calls...
