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.
May 22, 2022 22:02
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May 08,2022Iran’s crowdfunding market reached 1,345 trillion rials ($4.8 million) by the end of the last fiscal year (March 20), a deputy chief at the Iran Fara Bourse said. Speaking at a conference on “... -
May 08,2022Tehran stocks opened trading week Saturday on a strong note amid increasing participation of retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, gained 14,078 points or 0.92% to end...
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May 08,2022The Central Bank of Iran said the ratio of non-performing loans improved in the third quarter of the last fiscal year (Oct. 22-Dec. 21, 2021). The ratio of NPLs to total loans stood at 7.1% by...
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May 08,2022Insurance companies generated 115 trillion rials ($4.11 billion) in premium income in the last fiscal year (March 2021-22) posting 41% growth on the year before. Data released by the Central...
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May 08,2022Banks will accept forex deposits and pay interest in cash in the same currency, the Central Bank of Iran said. In a press statement posted on its website, the central bank said that the provision...
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May 07,2022More than 3.196 billion retail transactions were processed by the Iranian payment settlement network, known locally as Shaparak, in the first month of the calendar year to April 20. The...
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May 06,2022Money supply increased 39% in the Iranian fiscal year ending March 20 reaching 48,324.4 trillion rials ($172.5 billion). On a monthly basis, the broad money increased by 2,084 trillion rials ($7.4...
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May 07,2022The National Development Fund of Iran, the sovereign wealth fund, is set to resume payment to the Capital Market Stabilization Fund, the CMSF head said. In a talk with the Securities and...
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April 29,2022Tehran stocks ended trading week mixed with large caps lagging behind amid upbeat mode in small-sized companies. The equal-weighted index of Tehran Stock Exchange ended in positive territory in...
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April 29,2022The Central Insurance company of Iran (CII), the regulatory body of the industry, has added four names to the blacklist of unauthorized applications selling insurance policies. CII's website said...
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April 29,2022Export firms sold $1.1 billion of their overseas income at the secondary foreign exchange platform (known locally as Nima) from the beginning of the fiscal year (March 21) until Thursday (April 28...
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April 29,2022Bounced checks in the final month of the last fiscal year (ended March 20) increased slightly in value but jumped in volume from the month before. More than 622,000 checks worth 331 trillion...
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April 27,2022Amin Re, a privatized Iranian reinsurance company, is hopeful about starting cooperation with the Russian National Reinsurance Company (RNRC), the largest reinsurance company in that country....
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April 27,2022Tehran stocks were choppy at the close of trading week Wednesday as sell-side pressure in mid-session dragged down prices. The main index of Tehran Stock Exchange, TEDPIX, ended below the...
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April 27,2022The Governor of the Central Bank of Iran Ali Salehabadi says forex repatriation from oil and non-oil exports has improved markedly in recent months. Speaking on the sidelines of the weekly...
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April 27,2022A review of performance of forex, gold and stock markets over ten years show that the average returns were higher than the inflation rate. According to data compiled by the Tehran Chamber of...
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April 26,2022The Central Bank of Iran Tuesday issued instructions to lenders updating support policies for small and medium-sized enterprises. While adequate lending to all SMEs is emphasized, the regulator...
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April 26,2022More than 7.23 million tons of goods worth 599 trillion rials ($2.1 billion) were traded in the spot market of Iran Mercantile Exchange in the last calendar month to April 20. This was up 163% in...
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April 26,2022Tehran stocks opened on a strong note Tuesday with the bull run sweeping through both small and large caps. The benchmark of Tehran Stock Exchange, TEDPIX, gained 15,532.20 points or 1.03% to end...
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April 26,2022The government is preparing a regulatory framework for trading cryptocurrency and cryptoassets, but no decision has been made to allow trade in digital assets in the capital market, head of the...
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April 25,2022Three months after the last initial public offering, an internet service provider said it plans to go public on Wednesday. According to a notice seen on the Tehran Stock Exchange website, the...
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April 25,2022The Central Bank of Iran on Monday informed commercial lenders about new instructions related to microloans. Applicants can now borrow up to 2 billion rials in microloans, it said. As per the CBI...
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April 25,2022Tehran stocks closed Monday in positive territory with large caps making slight gains but small caps in better shape. The benchmark of Tehran Stock Exchange, the market cap-weighted TEDPIX,...
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April 25,2022Bank Melli Iran, largest government-owned commercial bank, aims to increase the number of smart branches, launch a digital banking application and increase POS terminals. Bank managers and BMI...
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April 24,2022Tehran stocks opened trading week Sunday in negative territory with selloff pressure mounting largely on large caps. The main index of Tehran Stock Exchange, the market cap-weighted TEDPIX, lost 7...
