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.
November 14, 2018 21:11
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October 30,2018Central bank data says total lending by the banking system reached 13.23 quadrillion rials ($89.4 billion) during the 12 months to July 22.The figure was 29% higher year on year. The amount was 5.... -
October 30,2018Costs of renting a residential unit across all urban areas increased during the second quarter of the current fiscal year that ended on Sept. 22, according to the latest data released by the... -
October 30,2018European diplomats are warning that enhanced US financial sanctions against Iran run the risk of forcing the rest of the world to create alternative banking systems that could undermine the long-... -
October 28,2018Crude oil trade commenced on the Iran Energy Exchange on Sunday afternoon as investors competed to buy one million barrels of oil offered by the National Iranian Oil Company. According to... -
October 28,2018Tehran Stock Exchange’s main index gained 1,783.96 points or 1% on Sunday to end trading at 180,625.3. The gain comes after the market had shed 2.3% on Wednesday and was mostly attributed to the... -
October 28,2018As President Donald Trump prepares to re-impose a second batch of sanctions on Iran that had been eased under the 2015 nuclear deal, conservative US lawmakers and outside advisers have become... -
October 28,2018Home prices in Tehran increased, as the number of property deals declined in the seventh month of the current Iranian year (ended Oct. 22). According to the Central Bank of Iran's latest report,... -
October 28,2018Foreign exchange rates gained on the Tehran currency market on Sunday for the first time after a period of stability with the dollar again crossing the resistance level of 140,000 rials. In late ... -
October 27,2018Governor of the Central Bank of Iran has provided some details about the payment system to be unveiled by the European Union in the coming days saying that the mechanism allows Iranian and European... -
October 27,2018Executive secretary of the Financial Action Task Force has said that while Iran's Action Plan with global anti-money laundering body is mostly incomplete, it cannot be firmly said whether Iran will... -
October 27,2018Total value of traded securities at TSE reached 310.32 trillion rials ($2.23 billion) during the calendar month ending October 22 to register 73% growth compared to the month before. Accordingly,... -
October 27,2018Tehran Stock Exchange’s main index lost 2,218.69 points or 1.23% on Saturday to end trading at 178,841.3. About 2.15 billion shares valued at $57.98 million changed hands at TSE for the day.... -
October 26,2018Sunday marks the first offering of crude oil for export on Iran Energy Exchange (IRENEX) days before new US sanctions on petroleum sector take effect. The country had made several attempts in the... -
October 26,2018Despite rumors on social media regarding closure of Iranian bank accounts in Oman, the head of Iran-Oman Joint Chamber of Commerce Mohsen Zarabi has said that no Iranian bank account has been... -
October 26,2018Iranian steel mills produced a total of 18.52 million tons of crude steel during the first nine months of 2018, up 20% compared with last year’s corresponding period. According to the latest... -
October 26,2018The average price to earnings ratio of Tehran Stock Exchange-listed companies stood at 10.75 on October 22. This is while 97 companies at TSE have a P/E ratio of higher than 20, 98 companies were... -
October 26,2018The banking system lent more than 36 trillion rials ($261.8 million) to 1,043 knowledge-based companies during the first half of the current fiscal (March-September), the Central Bank of Iran said... -
October 24,2018Members of the Majlis Economic Commission continued their review of the much-discussed Banking Reform Bill on Tuesday during which articles related to corporate governance in banks were ratified,... -
October 24,2018Iran’s National Business Environment Index came in lower in the second quarter of the current fiscal year (June 22-Sept. 22) compared with the previous quarter, according to the results of a study... -
October 24,2018An official with the Iran-China Chamber of Commerce and Industries denied reports that China's Bank of Kunlun has severed ties with its Iranian customers. Majid Reza Hariri said Bank of Kunlun has... -
October 24,2018Bears dominated trading on Tehran Stock Exchange on Wednesday as stocks fell across the board amid investor concerns triggered by risks emanating about the looming US sanctions due No.4. The... -
October 24,2018A capital market analyst believes that the Security and Exchange Organization– Iran's capital market regulator– is on the right path in diversifying the market's financial instruments including the... -
October 23,2018Head of the Central Insurance company of Iran announced that 100 trillion rials ($716.84 million) worth of insurance debt securities will be issued in the near future. "Issuing insurance security... -
October 23,2018Tehran Stock Exchange’s main index lost 2,460.16 points or 1.31% on Tuesday to end trading at 185,318.7. About 2.75 billion shares valued at $72.73 million changed hands at TSE for the day.... -
October 23,2018Foreign Minister Mohammad Javad Zarif in a closed session briefed lawmakers Tuesday about the ‘Iran Action Plan’ with the global ant-money laundering body the Financial Action Task Force. Behrouz...
