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.
March 16, 2023 14:08
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February 12,2023Tehran Stock Exchange on Sunday unveiled the first sector fund for the petrochemical industry to attract indirect investment to the key sector. Mahmoud Goudarzi, the TSE chief, said, "Sector funds... -
February 11,2023Russia and Iran are cooperating in banking and are planning to ramp up the share of national currencies in mutual settlements, Russian deputy foreign minister, Andrei Rudenko, said. "We are...
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February 11,2023The Majlis Research Center (MRC) has singled out banks and credit institutions for special criticism for what is said is their poor performance in extending loans for marriage and child birth in...
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February 11,2023The government’s bond offer was barely not welcomed this week by banks, credit institutions and institutional investors though underwriting financial institutions bought 20 trillion rials ($46...
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February 09,2023Banks paid an estimated 29,719 trillion rials ($69.1 billion) in loans in the first nine months of the current fiscal year (ends in March) – up 41.9% on the same period last year. The Central Bank...
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February 09,2023Tehran Stock Exchange's main index, TEDPIX, gained 1,556.53 points or 0.10% on Wednesday to end at 1,558,081.63. The TSE equal-weighted index climbed 0.23%. About 7.68 billion shares worth 54.4...
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February 09,2023The Majlis Economic Commission and the government are collaborating to prepare a comprehensive plan for regulating cryptocurrencies, Mohammad Reza Pourebrahimi, the head of the commission, said...
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February 08,2023The Iran Mercantile Exchange will for the first time issue 20 trillion rials ($465.1 million) in special auto standard salaf contracts to help fund auto manufacturers, an IME official said. "The...
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February 08,2023Tehran Stock Exchange's main index, TEDPIX, gained 18,657.31 points or 1.21% on Tuesday to end at 1,556,516.37. The TSE equal-weighted index climbed 1.73%. About 9.95 billion shares worth 57.8...
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February 08,2023Parliament on Tuesday voted in favor of restructuring the top policy and decision-making body of the financial markets in the framework of plans to reform the Central Bank Law. A new body is to be...
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February 07,2023Tehran Stock Exchange's main index, TEDPIX, lost 2,330.31 points or 0.15% on Monday to end at 1,537,859.09. The TSE equal-weighted index lost 0.82%. About 8.66 billion shares worth 49.16 trillion...
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February 07,2023The Central Bank of Iran says it is in no hurry to launch its central bank digital currency (CDBC) though it was expected to be unveiled today (Monday). Mehran Mahramian, the CBI deputy governor...
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February 07,2023The Competition Council has ordered the Central Bank of Iran to revise regulations for licensing payment service provider companies to ease the entry of new players in the market and improve...
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February 05,2023Tehran Stock Exchange main index, TEDPIX, lost another 17,054.94 points or 1.10% on Sunday to end at 1,540,189.23 as the battering of share prices continued for yet another week. The TSE equal-...
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February 05,2023An estimated 3.65 billion retail transactions were processed by the domestic electronic payment network Shaparak in the tenth month of the calendar year to January 22. Overall business via the...
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February 06,2023The Central Insurance company of Iran says it is working on new options to promote and expand life insurance products. "We are hopeful about the [positive] impact of this program on the sale of...
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February 05,2023Iran Fara Bourse (IFB) on Sunday unveiled three new indices to help investors and analysts get a better grasp of the market, the CEO said. "Three new indices, namely price index, equal-weighted...
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February 04,2023The government has placed new demands on lenders in the 2023-24 budget obliging them to continue giving cheap loans to a wide range of applicants. However, economists have voiced renewed concerns...
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February 04,2023The central bank officially launched the ‘Iran Currency and Gold Trade Center’ in line with the new governor's bid to try and control skyrocketing forex and gold prices. The measure was proposed...
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February 04,2023The weekly government bond auction on Wednesday held by the Central Bank of Iran again failed to impress with banks purchasing little in the absence of equity market investors. Auctions are held...
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February 04,2023The Central Bank of Iran on Wednesday announced new conditions allowing banks to return the assets of defaulters seized by banks and credit institutions. As per a notice seen on the CBI website,...
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February 04,2023The main index of Tehran Stock Exchange, TEDPIX, gained 692.67 points or 0.04% on Wednesday to end at 1,557,244. The TSE equal-weighted index gained 0.31%. About 19.7 billion shares worth 70.04...
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February 04,2023Parliament has again called for developing comprehensive regulations for cryptocurrency trade. Speaking at a meeting with representatives from the Central Bank of Iran and ministries related to...
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January 31,2023
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January 31,2023The Central Insurance company of Iran, the industry’s regulator, says it has prioritized licensing to fully digital insurance companies. “There is some disagreement between experts and...
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