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.
November 16, 2019 19:18
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September 24,2019In a directive to banks and credit institutions, the Central Bank of Iran has obliged borrowers to submit credit rating reports from relevant rating companies. As per the bylaw, lenders must... -
September 24,2019The benchmark of the Iran Fara Bourse, the junior stock market, stood at 4,017 by the end of last calendar month to Sep.22, registering a 78% growth since the beginning of the current fiscal year... -
September 24,2019Tehran’s stock market was sluggish on Tuesday after making a historic advance a day earlier as investors moved to sell shares to save past gains. The main gauge of Tehran Stock Exchange made a... -
September 23,2019An estimated €7.98 billion in non-oil export revenues was repatriated through the Central Bank of Iran's secondary market in the first half of the current fiscal year (started March 21). A monthly... -
September 23,2019Selling gasoline via the Iran Energy Exchange on average generates $200 million a week, the managing director of IRENEX said. “Over the past seven weeks more than 100,000 tons of gasoline was... -
September 23,2019The Statistical Center of Iran has published a new report on home and land prices, as well as rents across urban areas of the country during the first quarter of the current Iranian year (March 21-... -
September 23,2019Tehran stocks made a solid 3.1% gain on Monday cheered by the dramatic rise in demand for refinery, petrochemical and metal stocks. Riding on the tailwinds of fresh liquidity inflow, the main... -
September 22,2019Managing director of the company overseeing the regulated foreign exchange market said Friday’s fire will not have a major impact on the opening of the long-awaited currency market. -
September 22,2019The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20). The... -
September 22,2019In the run-up to opening the Open Market Operation, governor of the Central Bank of Iran is setting up a committee to handle the executive affairs of the OMO. The five-member team will draft and... -
September 22,2019The main gauge of Tehran Stock Exchange nudged 1.4% higher on Sunday amid investors’ optimism on the eve of half yearly reports of companies. The benchmark clawed back above historic point of 300... -
September 21,2019Senior bank and government officials have belittled the new US sanctions imposed Friday on Iran’s central bank, unanimously branding the move as a visible sign of desperation by Donald Trump and... -
September 21,2019The number of accounts opened with Bank Maskan, the agent bank of the housing sector for home loans, under the so-called "Housing Savings Account" scheme, registered an average weekly decline of 62... -
September 21,2019The overall value of exchange-traded funds reached 150.39 trillion rials ($1.33 billion) by the end of the calendar month to August 22, a report by the Central Securities Depository of Iran said... -
September 21,2019Tehran stocks rallied on Saturday, recovering losses over the last trading week, with the main gauge gaining more than 3,500 points, or 1.2%, to 297,712. Mineral, telecom, bank and refinery... -
September 20,2019With a new person in charge of the IT department of Iran’s central bank, long-awaited reforms in bank service fees will be announced in the near future as part of a broader banking reform package... -
September 20,2019The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create... -
September 18,2019The governor of the Central Bank of Iran, Abdolnasser Hemmati, appointed Mehran Moharamian as the new vice governor for IT affairs. -
September 18,2019The unusually high number of bank branches has long been a source of concern for both economic experts and government officials, giving rise to calls for cutting the number of barely used and... -
September 18,2019The benchmark of Tehran stocks shed 8,000 points on Wednesday, bringing down TEDPIX more than 2.6% lower amid a massive selloff of stocks. Following a series of consecutive rallies since the... -
September 17,2019Governor of the Central Bank of Iran says Iran and Russia have connected their financial messaging services to handle two-way banking transactions. -
September 17,2019The new head of INSTEX, Michael Bock, who was in Tehran this week, says some small European bank are willing to join the barter trade mechanism. According to Bock, small banks in Italy, Germany... -
September 17,2019The main gauge of Tehran Stock Exchange shed more than 3,800 points on Tuesday amid investors’ rush to sell shares to save profits. Stocks fell as investors were disturbed by a gloomy market... -
September 16,2019Banks paid 2,188 trillion rials ($19.3 billion) in loans during the first four months of present calendar year to July 22. Compared to the corresponding period last year, the figure was up 30.9... -
September 16,2019Head of the Supreme Council of Iran Free Trade Zones announced on Monday a plan to start an international stock exchange in the FTZs in the coming months. According to Morteza Bank, the...
