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 31, 2023 17:11
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January 04,2023The parliamentary board responsible for monitoring government approvals’ compatibility with the law has rejected a decision by the government requiring the Central Insurance company of Iran (CII)... -
January 04,2023The main index of Tehran Stock Exchange, TEDPIX, lost 1,931.06 points or 0.12% on Tuesday to end at 1,591,353.87. The TSE equal-weighted index gained 0.48%. About 17.18 billion shares worth 94.84...
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January 02,2023Some 50,000 transactions suspected of money laundering were detected in the banking network in the past one and a half years, a deputy economy minister said. “During the period 1,000 cases were...
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January 02,2023After recent setbacks, the Tehran Stock Exchange's main index, TEDPIX, gained 28,918.87 points or 1.85% on Monday to end at 1,593,284.96. The TSE equal-weighted index gained 1.89%. About 12.1...
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January 02,2023Some state banks have started offering higher interest rates on deposits even though the Central Bank of Iran has not yet approved the increase, media reports in Tehran said Monday. A report by...
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January 02,2023The Central Bank of Iran said Sunday electronic checks can be processed electronically without referring to bank branches. Mehran Mahramian, the CBI deputy for innovative technologies said banks,...
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January 02,2023The Central Insurance company of Iran (CII) has published a report on the risk retention capacity of domestic insurers adding three new companies to the list. According to the CII website, the...
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January 02,2023Tehran Stock Exchange's main index, TEDPIX, slumped by another 26,130.25 points or 1.64% on Sunday to end at 1,564,365.67. The TSE equal-weighted index lost 2.43%. About 13.37 billion shares worth...
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January 02,2023Nilson Report, a credible source of news and analysis of the global card and mobile payment industries, has ranked seven Iranian payment service providers among the World Leading Merchant Acquirers...
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January 01,2023Higher interest rates on deposits will help curb inflation under the right conditions, economic commentator Hossein Mahmoudi Asl said. “Inflation can come down [only] if the new interest rates are...
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January 01,2023The government’s bond offer held by the Central Bank of Iran on Wednesday got a cold shoulder, again. Auctions are held weekly by the CBI on behalf of the Economy Ministry to raise funds for the...
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January 01,2023At current forex rates, Iran’s capital market is worth an estimated $140 billion. This market can and will be profitable for investors if they have a long-term vision, says the CEO of Khat Arzesh...
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January 01,2023Tehran Stock Exchange's main index, TEDPIX, lost 56,819.18 points or 3.45% on Saturday to end at 1,590,495.45. The TSE equal-weighted index followed suit plunging 2.43%. The huge losses come on the...
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December 31,2022The Organization for Collection and Sale of State-Owned Property says it has returned a part of seized cryptomining equipment to their owners after it was obliged to do so by the courts.
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December 31,2022Tehran’s share market wrapped up the week on Wednesday up almost 10%.
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December 31,2022Trade between Iran and African countries reached 2.65 million tons worth $1.41 billion during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 53.55% and an 82....
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December 31,2022
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January 01,2023Bourse experts say selling cars via the Iran Mercantile Exchange has been a success. Since the beginning of the fiscal year in March, auto offers at the IME has increased rapidly and upheld the...
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January 01,2023Trade at the Iran Energy Exchange jumped in the ninth month of current fiscal year to December 22 compared to the same period last year. Energy carriers and commodities worth 111.35 trillion rials...
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January 01,2023Of the 39 industrial groups active in Iran’s capital market, 28 reported profit in the month ending November 21. The subgroup of housing construction, with 8.7 trillion rials ($19.9 million) in...
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January 01,2023Tehran Stock Exchange's main index, TEDPIX, gained 70,917.38 points or 4.5% on Wednesday to end at 1,647,314.51, the highest since September 2020, the TSE website reported. Possibility of taxing...
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January 01,2023More than 496,000 checks bounced in the eighth fiscal month ending Nov. 22, up 2.4% on the previous month. The bad checks were worth an estimated 343 trillion rials ($844 million) – down 2.8% in...
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January 01,2023Trade via exchange-traded funds at Iran Fara Bourse (IFB) reached 1,983 trillion rials ($4.88 billion) in the first nine months (ended Dec 22) of the calendar year -- 147% higher on the same time...
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January 01,2023The Economy Ministry has detailed plans for raising the capital of state banks in which two specialized banks, namely Bank of Industry and Mine and Bank Maskan, are set to raise capital higher than...
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December 25,2022Tehran Stock Exchange's main index, TEDPIX, gained 25,564.68 points or 1.66% on Sunday to end at 1,563,567.43. The TSE equal-weighted index gained 1.42%.
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