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.
September 29, 2020 19:29
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August 21,2020The Tehran Stock Exchange decided Thursday to restore the previous trading hours apparently after reports that the temporary changes in trading hours had a negative impact. -
August 19,2020The parliament on Wednesday approved laws based on which companies that recapitalize using share premiums will be eligible for tax breaks. As per the new legislation, listed companies will get...
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August 19,2020With a feeling of uncertainty and nervousness cast over the future of stocks and disappointment with government pledges to buttress the market, Tehran shares fell again on Wednesday. The main...
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August 19,2020The government needs to issue 1,240 trillion rials ($5.4 billion) in bonds, which is over and above the amount projected in the March 2020-21 budget, head of the Debt Management Department of the...
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August 18,2020Governor of the Central Bank of Iran says lenders should use a fraction of their financial reserves to buy bonds issued by the government. “Banks and credit institutions are obliged to show... -
August 18,2020Export companies have refused to return $27 billion in overseas earnings in the past two years and the government is struggling to bring the money back by resorting to a mix of pliability and... -
August 18,2020The share market opened trading on Tuesday on a strong note in the first session only to lose ground later as sell-side pressure mounted for many large-cap shares in the second round. The... -
August 17,2020The US dollar gained 3% against the national currency in Tehran’s free market and was sold for 230,000 rials on Monday after vacillating between 220,000-224,000 rials for two weeks. The greenback... -
August 17,2020To promote real estate trade and ease the listing of properties, the Iran Mercantile Exchange said it will not charge a fee for listing real estate. The fee was equivalent to a thousandth of the... -
August 17,2020The Guardians Council—a watchdog that ensures laws are in line with the Iranian Constitution and Islamic law—has drawn attention to the flaws in various provisions of new vacancy tax bill drafted... -
August 17,2020Tehran’s share market showed some sign of recovery on Monday after a relatively deep correction phase that wiped off almost 13% of the value of stocks in five consecutive sessions of bear market... -
August 16,2020Tehran stock market was hit hard at the fifth session of bear market Sunday and plunged in what is said to be one of its worst days in history. The benchmark of Tehran Stock Exchange, TEDPIX,... -
August 16,2020Iran Energy Exchange announced Sunday that the plan to offer parallel salaf contracts to be backed by crude oil exports has been postponed. In a notice on its website, it’s public relation office... -
August 16,2020The Statistical Center of Iran has published its latest report on home and land prices, as well as rent levels in the capital city Tehran in the first quarter of the current Iranian year (March 20-... -
August 16,2020Properties owned by subsidiaries of the New Towns Development Company are to be sold through the Iran Mercantile Exchange, a board member of the company said. "We have 19 subsidiaries in the... -
August 16,2020The parliament on Sunday approved a bill proposed by the government in which listed companies are obliged to improve their capital structure using share premium. As per the provisions of Article... -
August 15,2020The Central Insurance company of Iran, the supervisory and regulatory body of insurance industry, has notified insurance companies to improve their performance and take action against agents... -
August 15,2020Governor of Central Bank of Iran says the bank has been struggling to reform the banking system long saddled with mismanagement and financial indiscipline. In a note on his social media account... -
August 15,2020Tehran stocks experienced one of the biggest downturns at the start of trading week on Saturday extending a losing streak into the fourth day. The main index of Tehran Stock Exchange, TEDPIX,... -
August 14,2020The Iranian National Tax Administration announced tax brackets on buyers of gold coins in the last fiscal year (March 2019-20). -
August 14,2020The government announced limits on the amount of export by owners of new commercial cards. The decision was approved by the Cabinet earlier in the month and sent to relevant administrative bodies... -
August 14,2020The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread. In a press release seen on its... -
August 14,2020The National Iranian Oil Company plans to offer standard parallel salaf contracts for 520,000 barrels of heavy crude oil via Iran Energy Exchange. As per a notice published on the codal.ir-- an... -
August 12,2020Tehran’s housing Consumer Price Index in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 46.4% compared with the corresponding period of last year... -
August 12,2020Iranian insurance companies cover nearly $500 billion worth of risks, says Gholamreza Soleimani, president of the Central Insurance company of Iran (CII) – regulator of the insurance industry. "...
