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.
July 05, 2022 12:41
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May 29,2022The Central Insurance company of Iran (CII) published a report on the industry's performance saying the number of branches and insurance agents increased in the last fiscal year that ended in March... -
May 29,2022The Central Bank of Iran Sunday issued new instructions obliging banks to monitor the transactions of customers based on their “level of activity”. The instructions, seen on the CBI website,...
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May 29,2022Tehran’s share market Sunday incurred one of the biggest losses in recent days amid retail investors’ continued reluctance to trade plus large-scale capital outflow. The benchmark of Tehran Stock...
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May 29,2022Tehran Municipality is buying material and equipment for its urban expansion projects from the Iran Mercantile Exchange, a deputy mayor said Sunday. Abolfazl Fallah said the move should help...
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May 28,2022Cryptomining centers' access to the national power grid will be cut during the summer season as electricity consumption peaks. Mostafa Rajabi Mashhadi, spokesman of the Iran Power Generation,...
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May 28,2022The extended and failed debate over repaying foreign currency loans taken earlier from the National Development Fund of Iran (NDFI) has entered a new phase as the Iran Chamber of Commerce,...
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May 29,2022Tehran’s share market opened the week Saturday again in negative territory with retail investors rushing for the exits.
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May 28,2022Trade in the Iran Energy Exchange (IRENEX) reached 1,480 trillion rials ($4.9 billion) in the last fiscal year that ended on March 20. According to Ali Naqavi, managing director of IRENEX, this...
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May 28,2022Tehran’s share market again saw nervous investors trying to sell and exit the market in the last trading week that ended on Wednesday.
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May 28,2022The National Development Fund of Iran, the sovereign wealth fund, reiterated that it is expanding its investment activity, outlining key investment options and listing areas the fund must shun. ...
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May 28,2022The Central Bank of Iran has implemented new rules to help reduce the number of bounced checks. Based on the new rules, if a check is rejected due to insufficient funds, the amount will be...
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May 28,2022Banks gave 669.4 trillion rials ($2.2 billion) in loans to the knowledge-based economy in the last fiscal year ending March 20. According to numbers released by the Central Bank of Iran, this was...
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May 25,2022Tehran’s share market closed the week Wednesday higher thanks to noticeable demand for stocks of small companies. Reflecting the performance of small caps, the equal-weighted index of Tehran...
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May 25,2022The value of bank checks rejected in the calendar month to April 20 declined 37.6% from the earlier month to reach 207 trillion rials ($690 million). Bad checks in terms of numbers stood at 471,...
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May 25,2022The Central Bank of Iran has cancelled its decision announced last week to impose restrictions on third-party credit rating platforms, allowing them to resume services as the representative of the...
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May 25,2022The government generated 32 trillion rials ($106 million) in the first weekly bond auction in the present fiscal year that started in March. Auctions are held by the Central Bank of Iran on...
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May 24,2022More than 60 companies affiliated to the government are on the verge of bankruptcy, the deputy economy minister for banking, insurance and state-run companies said. “There are 451 state companies...
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May 24,2022Data published by the Central Insurance company of Iran (CII), the insurance industry regulator, show further increase in the share of private firms in the growing insurance market during the last...
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May 24,2022Sell-side pressure eased a bit Tuesday on stocks after the Tehran share market incurred big losses and huge capital outflow a session earlier. The main gauge of Tehran Stock Exchange, TEDPIX,...
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May 24,2022Iranian banks and credit institutions gave 1,426.9 trillion rials ($4.7 billion) in loans in the first month of the present fiscal year (March 21- April 21). The loans were up 22.8% or 265.3...
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May 23,2022The governor of the Central Bank of Iran held talks with a Kazakh delegation in Tehran on Sunday. Ali Salehabadi referred to the recent improvement in bilateral trade and said closer banking ties...
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May 23,2022Banks issued 90 trillion rials ($330 million) of “Productive Credit Certificates”, known by its Persian acronym Gam, since the credit finance instrument was launched in early 2021. According to...
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May 23,2022Tehran’s share market tumbled on Monday moving further away from recent highs amid mounting selloff pressure and massive capital outflow. The benchmark of Tehran Stock Exchange, TEDPIX, shed 25,...
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May 23,2022An estimated 7.9 million tons of goods worth 665 trillion rials ($2.2 billion) were traded in the spot market of the Iran Mercantile Exchange in the calendar month that ended on May 21. This was...
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May 22,2022The main gauge of Tehran Stock Exchange, TEDPIX, closed Sunday slightly higher, gaining 2,535 points or 0.16% to wrap up trade at 1,582,222. The TSE’s equal-weighted index climbed 0.3%, indicating...
