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 21, 2023 18:51
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August 30,2022After publishing the names of 20 state-owned companies for divestment, the Iranian Privatization Organization concurred that these companies face countless challenges in the divestment process.... -
August 30,2022The Central Insurance company of Iran (CII), the regulatory body of the industry, has agreed to revise the operative mechanism of a controversial gateway to make it compatible with startup business...
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August 29,2022Tehran stocks ended mixed on Monday as large caps stumbled in choppy trade while a small caps advanced. The main gauge of Tehran Stock Exchange, TEDPIX, pared some early losses and retreated...
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August 29,2022The Iranian Privatization Organization has added 20 state and government owned companies to the list that the government plans to fully divest. According to a press release seen on the IPO...
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August 29,2022The Central Bank of Iran on Monday unveiled an online platform that will be used to keep track of overnight interbank transactions. The system is known as “Taba”(Persian acronym for electronic...
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August 29,2022Insurance companies in close collaboration with the regulator are developing innovative insurance packages to build and expand services in the rapidly growing industry, head of the Central...
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August 29,2022The Majlis on Sunday began debating a controversial banking bill amid mounting concern by experts about the potential flaws that could undermine the central bank. Backed by parliament, the bill is...
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August 29,2022The Central Bank of Iran says it expects growth in the use of its recently-unveiled instant interbank transaction network, known as Pol. Hamidreza Norouzi, the head of the Pol project, said the...
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August 29,2022The Central Securities Depository of Iran (CSDI), the capital market clearing house, says 3,490 trading codes have been issued for foreign investors so far. Most of these investors are from...
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August 29,2022The main index of Tehran Stock Exchange, TEDPIX, shed 5,958.24 points or 0.41% on Sunday to end trade at 1,444,086. Sell-side pressure swept almost all shares as the TSE’s equal-weighted index,...
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August 28,2022Tehran stocks opened trading week Saturday in positive territory with the benchmark Tehran Stock Exchange, TEDPIX, surging more than 0.5%. The market cap-weighted index added 7,671.98 points to...
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August 28,2022The Central Bank of Iran will adopt new measures to further curb the growth of money supply and maintain monetary discipline, the CBI deputy governor said. Asghar Abolhassani told state TV late on...
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August 28,2022The Central Insurance company of Iran is to launch two platforms to ease auto accident reporting, in collaboration with the Traffic Police and knowledge-based companies. Majid Behzadpour, the CII...
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August 28,2022The government allocated $20 billion for imports in the first four months of current fiscal year (March 20- July 22). This was $6 billion higher than the $14.2 billion given in the first four...
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August 27,2022The government sold 36.6 trillion rials ($126 million) bonds in the last weekly auction held on Tuesday. Banks, non-bank credit institutions, investment funds and institutional investors in the...
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August 27,2022Smalls caps and penny stocks were in upbeat mode in the last trading week ending Wednesday outpacing shares of giant commodity stocks for the second straight week. However, the main index of...
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August 27,2022An estimated 189,930 futures contracts worth 11.41 trillion rials ($39.3 million) changed hands at the Iran Mercantile Exchange (IME) in the last calendar month to August 22.
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August 27,2022The board of directors of the Securities and Exchange Organization has decided to expand limit up and down of daily prices in the stock market by 1 percentage point. Share prices can now range...
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August 27,2022Foreign currencies' prices increased on Thursday and Friday in Tehran's open market. According to Eghtesadnews website, each US dollar was sold at 295,000 rials on Thursday, up 2.03% or 6,000...
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August 26,2022Tehran stocks closed trading week Wednesday in positive territory amid increase in the participation of retail investors. Like the past few sessions, small caps were in better shape while most...
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August 26,2022The High Council of Securities and Exchange, the main capital market policy-making body, has given the agreement in principle to set up an international equities exchange. This was announced by...
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August 26,2022The Central Bank of Iran on Wednesday unveiled an instant payment system, which is set to replace the apparently insecure but popular card-to-card money transfers. According to Mehran Moharramian...
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August 26,2022Central Bank of Iran data show that the monetary base continued to decline in the fourth calendar month to July 22. The monetary base stood at 6,530.3 trillion rials ($22.5 billion) until that...
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August 24,2022The Central Bank of Iran on Tuesday unveiled a new platform ‘MahCheck’ that allows withdrawal of money from defaulters' accounts in other banks. Speaking at the unveiling ceremony, CBI Governor...
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August 24,2022An estimated 10.3 million tons of goods changed hands in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to August 22. Compared to the month before, deals increased 16...
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