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.
April 05, 2020 21:07
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February 16,2020Tehran stocks made solid gains on Sunday climbing more than 2.3% amid demand for a wide range of large-cap stocks. The main gauge of Tehran Stock Exchange, TEDPIX, soared over 10,700 points for... -
February 15,2020Iran’s capital market is capable of financing half of the domestic oil projects, the CEO of Securities and Exchange Organizations said. The oil industry needs $30 billion in funding, Shapour... -
February 15,2020The employment rate in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) was at 39.6% (24.44 million), up 0.4% compared with the same quarter of last year, the Statistical... -
February 15,2020Iran’s total external debt was $9.05 billion by the end of ninth calendar month (Dec. 21, 2019) of the current fiscal year, according to the Central Bank of Iran data. The amount is a small... -
February 15,2020The main index of Tehran Stock Exchange, TEDPIX, gained 2,908.82 points, or 0.63%, on Saturday to end trading at 461,988.4. About 6.23 billion shares valued at 39.26 trillion rials ($284.53... -
February 14,2020The main index of Tehran Stock Exchange, TEDPIX, rose 280,420 points, or 156.9%, since the beginning of the current fiscal year that ends in March until the end of last trading session on Wednesday... -
February 14,2020Several Italian banks have closed or imposed restrictions on accounts held by Iranians citing the US sanctions, and in the process creating financial difficulties for those affected. -
February 14,2020Liquidity in Iran crossed 22,623 trillion rials ($165 billion, calculated as per 137,000 rials to a dollar) at the end of the third Iranian quarter (Dec 21), the Central Bank of Iran reported. ... -
February 12,2020Head of the Export Guarantee Fund of Iran has criticized the poor performance of banks in supporting export-based companies, recalling that robust financial support for export companies is critical... -
February 12,2020Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21. Moneychangers in Tehran sold the... -
February 12,2020Tehran stocks rebounded from a short-lived correction and pared previous session’s losses at the close of trading week on Wednesday. Standing at the all-time of high of 459,565 points, the main... -
February 11,2020Money put into the currency market yielded lower returns during the first nine months (March 20-Jan 20) of the current fiscal year compared to returns on investment in parallel markets. According... -
February 11,2020The Majlis Research Center says a new government plan to divest its assets in assorted companies via exchange-traded funds is not “privatization in the true sense”. As per Note 2 of the budget... -
February 11,2020The Iranian Privatization Organization sold a block of shares of Shiraz Oil Refining Company on Iran Fara Bourse, the over-the-counter stock market. The IPO move was made on behalf of the National... -
February 09,2020Iran Fara Bourse, the over-the-counter stock market, will host the initial public offering of an investment company on Monday. -
February 09,2020In the first three quarters of the current fiscal year that ends in March, average price of one Emami gold coin reached 44.097 million rials ($330), which was 32% higher compared to the same period... -
February 09,2020Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market. The Paris-based... -
February 09,2020The Tehran Stock Exchange climbed 0.39% Sunday with its main gauge, TEDPIX, gaining 1,776.24 points to end trading session at 454,618.5. Commodity stocks were the key drivers of the Sunday’s rally... -
February 08,2020Export Development Bank of Iran issued export guarantees worth $23 million from the beginning of the current fiscal year that ends in March. Ali Saleh Abadi, the bank’s CEO, said Saturday the...
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February 08,2020Iran Insurance Company, the largest and the only state-owned insurance company in Iran, is planning to increase its capital to 110 trillion rials ($817 million) before the current fiscal year ends... -
February 08,2020Tehran stocks rallied at the start of trading week on Saturday boosted by demand for refinery shares amid a sell-off in auto and telecom equities. The main gauge of Tehran Stock Exchange gained... -
February 07,2020Taxing shareholders’ income from capital gains and levying tax on bank deposit income is not on the agenda of tax authorities, head of the Iranian National Tax Administration said. Reports about... -
February 07,2020The Central Bank of Iran is committed to fighting money laundering, speculative activities and unaccountable transactions, the CBI Governor Abdolnasser Hemmati said. Addressing senior bankers in... -
February 05,2020Tehran seems unimpressed and also pessimistic over the newly-created Swiss payment channel aimed at delivering humanitarian goods to Iran. First Vice President Es'haq Jahangiri on Tuesday said... -
February 05,2020Bank Melli Iran, the biggest state-owned lender, gave 952 trillion rials ($7.1 billion) in loans over ten months since the beginning of current fiscal year that ends in March. The funding was...
