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.
October 16, 2021 23:40
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September 07,2021The Central Bank of Iran says plans for promoting contactless payment are making progress. "More than 20,000 contactless payment terminals are installed across the country. With the help of a... -
September 07,2021Given the torrent of new investors in the bourse in a relatively short period, the regulator has stepped up efforts to make indirect investment in the market attractive for investors lacking...
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September 06,2021The Economy Minister Ehsan Khandouzi said improving financial transparency and accountability is a key priority of his ministry. In a talk with state TV late on Sunday, Khandouzi said all state...
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September 06,2021Tehran’s share market was choppy on Monday as sell-side pressure mounted in the middle of the session causing shares to pare gains. The benchmark of Tehran Stock Exchange, TEDPIX, gained more than...
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September 06,2021A recent study conducted by the Ministry of Cooperative, Labor and Social Welfare shows the people largely have access to the general financial services, however, such services have done little in...
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September 06,2021The Central Bank of Iran is expanding the scale of its monitoring of banks’ lending policies with the help of innovative IT tools. The regulator has set up two IT-based platforms to look at all...
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September 05,2021Prices in the currency and gold markets surged Sunday after some stability in four sessions. However, the precious metal outpaced forex rates buoyed by rising trends in international markets. The...
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September 05,2021nsurance companies have performed reasonably well in supporting the public during the pandemic, an official with the Social Security Organization of Iran said. "Insurers have been covering a...
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September 05,2021The payment regulator has suspended services to three million POS terminals and online payment gateways after the users failed to abide by tax rules required by the Iranian National Tax...
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September 05,2021The secretary of the Iran-South Korea Chamber of Commerce denied reports that the US had given approval to the South Korean government to unblock Iran’s currency held in that country.
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September 05,2021Tehran stocks were mixed on Sunday as large caps struggled under sell-side pressure while small caps remained at the center of investors’ attention. The market cap-weighted benchmark of Tehran...
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September 04,2021Tehran stocks opened Saturday trade on a higher note, extending a rising trend that started on Wednesday amid high demand for majority of small caps. The market-cap weighted benchmark of Tehran...
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September 04,2021Transactions via electronic platforms declined in value and volume in the calendar month ending August 22, according to a report released by Shaparak, the Iranian card payment network. More than 3...
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September 04,2021Iranian insurance companies disbursed 147.8 trillion rials ($547 million) in payouts in the first four months of the fiscal year that started in March, posting a year-on-year growth of 39.9%....
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September 04,2021Iran’s export to its 15 neighboring countries accounted for 50.4% of its total exports in value during the first four months of the current fiscal year (March 21-July 22), according to the director...
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September 04,2021Banks and credit institutions rejected 560,000 checks worth 229 trillion rials ($848 million) in the calendar month ending July 22. The figure shows a sharp decline compared to the preceding month...
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September 03,2021Over 53,000 tons of goods were exported through the northwestern Iranian border crossing during the first five months of the current Iranian year (started March 21), according to the director of...
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September 03,2021Cement factories are compelled to sell their products only via the Iran Mercantile Exchange, a deputy industries minister said. “All [wholesale] cement trade outside the IME will henceforth be...
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September 03,2021Former governors of the Central Bank of Iran called on policymakers to recognize the independence of the central bank, otherwise it will not be able to play its mandate in managing monetary markets...
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September 03,2021The Statistical Center of Iran’s latest report surveys the price changes in 53 food items during the month ending Aug. 22. The biggest month-on-month price rise for a food item in urban areas...
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September 03,2021Capital market investors were the sole buyers of government bond during the weekly auction held by the Central Bank of Iran. Retail and institutional investors bought bonds worth 18.5 trillion...
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September 03,2021The governor of the Central Bank of Iran said the banking sector is saddled with high and rising legal obligations to grant loans, which has led to agonizing macroeconomic consequences. “Legal...
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September 01,2021The High Council of Securities and Exchange has mandated the Capital Market Development Fund (CMDF) with implementing market making operations to help ensure liquidity of shares offered by state-...
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September 01,2021The Central Bank of Iran in a statement Wednesday said it so far has no plan to issue the so-called “Wadia” or depository bonds. The statement, seen on the CBI website, came in the follow-up to a...
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September 01,2021Latest data released by the Statistical Center of Iran show the average goods and services Consumer Price Index of “Housing and Utilities (water, electricity, natural gas and other fuels)” in the...
