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.
January 25, 2021 15:02
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December 15,2020Tehran stocks on Monday extended losses from the previous session as sell side pressure refused to ease on almost all stock categories. TEDPIX, the main index of Tehran Stock Exchange, shed 31,... -
December 15,2020Two pending bills demanded by the Financial Action Task Force, the global anti-money laundering watchdog, will again be discussed at the Expediency Council, the top legislation vetting body. The... -
December 15,2020Iran and Afghanistan can resolve issues related to export income repatriation by creating a joint fund through which Afghan migrants in Iran can send money home and exporters repatriate their... -
December 15,2020The loan-to-deposit ratio (LDR) increased slightly at the end of sixth calendar month (Sept. 21) posting two straight growth periods after extended declines. LDR was 78.5% in the reviewed month... -
December 14,2020Plans are underway to launch standard salaf contracts for low-cost housing projects, head of the Ministry of Road's Housing Economy Department said. "Salaf contracts have been prepared by the... -
December 14,2020The Securities and Exchange Organization, the stock market regulator, announced new caps for investment funds operating in the stock market. -
December 14,2020After a relatively good session earlier, Tehran stocks stumbled on Sunday and jumped back into negative territory. The main index of Tehran Stock Exchange, TEDPIX, lost 11,694.17 points, or 0.77%,... -
December 13,2020The average price of each square meter of a residential property in Iran stood at 152 million rials ($584) in the month ending Nov. 20, says Mahmoud Mahmoudzadeh, the head of Housing Department of... -
December 14,2020Iran Insurers’ Syndicate has called on the government to release details about how third-party auto insurance tax revenue is spent. The syndicate has strongly opposed imposing higher taxes on... -
December 13,2020Large cap stocks eked out gains at the opening of trading week on Saturday after lukewarm performance in the past few sessions. Increase in demand for metal and petrochemical stocks pushed up the... -
December 13,2020Central Bank of Iran has forecast lower consumer price inflation in the coming weeks in light of relative stability in financial markets and key monetary variables. Decline in the monetary base... -
December 13,2020Ghavamin Bank, affiliated to Iran's Law Enforcement Forces (LEF), has officially merged with the state-owned Bank Sepah to become the fourth bank to complete the merging process. CEO of Bank... -
December 13,2020Ayandeh Bank, a leading private bank, plans to sell the giant Iran Mall complex in the capital Tehran in line with the legal mandate to relinquish non-banking activities. Iran Mall is a vast... -
December 12,2020The Governor of the Central Bank of Iran says importing the Covid-19 vaccine is more complicated than procuring other medical needs. Abdolnasser Hemmati said the problem is largely about the... -
December 11,2020The new law governing check transactions will be implemented in phases to facilitate a smooth transition, the Central Bank of Iran said. Groundwork for executing the check law is ready, the CBI... -
December 11,2020The Majlis Research Center has looked into the performance of banks in the first quarter of the current fiscal year (March 20- June 21). It covers, among other things, issues related to... -
December 09,2020Iran's stock market regulator allowed three companies to go public in the past week and more are poised to hold initial public offers in the weeks as the market started showing signs of recovery.... -
December 09,2020The government sold 22.5 trillion rials ($88 million) in bonds at the weekly auction on Tuesday -- up 15% compared to the previous week sale. As per a press release posted on the Central Bank of... -
December 09,2020The government will repay $600 million as part of its foreign debt in the next fiscal year. The amount is projected in the proposed March 2020-21 budget bill, according to a press release of the... -
December 09,2020The benchmark of Tehran's stock market plunged deep into the red on Tuesday but upbeat performance of a giant listed copper company later in the day wiped much of the losses. Reopening of the... -
December 09,2020The Central Bank of Iran needs to concoct intermediate policies to be able to adjust to negative supply shocks and control monetary supply, the bank’s governor said. Speaking on state TV late...
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December 08,2020The gross domestic product of Iran’s construction sector, which is the sub-sector of “industries and mining, sans oil” group, witnessed a 5.4% expansion in the second quarter of the current year (... -
December 09,2020Insurance companies paid 26 trillion rials ($104 million) to hospitals and medical centers mostly to compensate medical bills related to Covid-19, head of the Central Insurance company of Iran said...
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December 09,2020The Majlis Research Center says overestimation of government revenues in the last fiscal budget (March 2019- 20) is the origin of galloping inflation. In a report on the financial performance of... -
December 08,2020The government has estimated 10 trillion rials ($38.46 million) for the procurement of coronavirus vaccine in the budget bill of the next fiscal year (March 2021-22), an official with Plan and...
