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.
May 25, 2019 19:29
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March 13,2019Iran's main stock index ended Wednesday's session close to a resistance level that it has held for close to four months, boosted by continued gains for the biggest commodity shares. The TEDPIX... -
March 12,2019Further to its persistent calls for transparency and doing away with the controversial subsidy schemes, Tehran Chamber of Commerce, Industries, Mines and Agricultures called on the government to... -
March 12,2019CEO of the National Iranian Oil Company said Tuesday the state company will offer 20 trillion rials ($154 million) worth of Manfa’at bonds in two stages on March 13 and 16 on Iran Fara Bourse (... -
March 12,2019President of Europe's Special Purpose Vehicle known as INSTEX, Per Fischer, is in Tehran to attend talks between Iranian authorities and representatives from France, Germany, Britain, and the... -
March 11,2019Insurance cover and export guarantees offered by the Export Guarantee Fund of Iran, a state-owned agency, reached $2.2 billion in the current fiscal (ends on March 20), indicating an annual 25%... -
March 11,2019The Deputy for Banking and Insurance Affairs at the Economy Ministry said during the one year between December 2018-19, 100 trillion rials ($770 million) worth of excess property of banks was... -
March 11,2019The Securities and Exchange High Council, the highest capital market decision-making body, has issued the permit for selling the shares of five soon-to-be-merged banks in the after-hours trading,... -
March 11,2019Iranian stocks rallied as global markets reopened on Monday, prompting the benchmark index on Tehran Stock Exchange to top 167,000 for the first time since the outset of winter. TEDPIX soared 2,900... -
March 10,2019Chairman of the Tehran Young Entrepreneurs Association says management weaknesses and ignoring talented youth are two key maladies the nation is facing. Ali Mohammadi Tat said due to the long-... -
March 10,2019Iran Fara Bourse main index was up 8.7% in the second month of 2019 as IFX shot up 168.3 points (8.7%) to close at 2,100.3. Market capitalization also increased by 3.4% in February. The total... -
March 10,2019In the calendar month Bahman (Jan.21-Feb.19) close to 1,972 million transactions worth 2,385 trillion ($15.4 billion) were processed via Shaparak (the domestic electronic payment network) – up 6.14... -
March 10,2019After largely negative or humdrum days in the past two weeks, Iranian stocks found a new lease on life as the main gauge at Tehran Stock Exchange surged close to 1% and investors hoped for brighter... -
March 09,2019A group of Iranian cryptocurrency activists and business owners have called on the Central Bank of Iran to refrain from taking hasty measures for regulating blockchain technology and... -
March 09,2019Governor of the Central Bank of Iran says the subsidized foreign currency programs for importing essential goods has failed to achieve the desired results due mainly to the dysfunctional... -
March 09,2019A senior former banker says the planned merger of five banks affiliated to the armed forces with the government-owned Bank Sepah can be a step in the right direction in that it would cut costs.... -
March 08,2019A trade official from London has travelled to Tehran to test the waters for expanding relations. Simon Penney was appointed last year as the UK trade commissioner for the Middle East, Afghanistan... -
March 08,2019A report by Tehran Chamber of Commerce, Industries, Mines and Agriculture says the value of equities traded in the capital market during first ten months of the current Iranian fiscal to January 20... -
March 08,2019An Italian Foreign Ministry official says his country is reviewing details about the newly developed financial mechanism known as INSTEX and is considering joining it. Manlio Di Stefano who met... -
March 06,2019Governor of the Central Bank of Iran Abdolnaser Hemmati says “the government is not yet decided on the mechanism” of allocating $14 billion in subsidized currency for basic goods for the next... -
March 06,2019The National Iranian Oil Company will launch two new offers of crude oil and natural gas condensate on the Iran Energy Exchange before the calendar year is out on March 20. Amirhossein Tebianian... -
March 06,2019In a move to stimulate the sluggish housing market and increase homeownership, the Money and Credit Council - a major monetary decision making body - agreed to raise the ceiling of house... -
March 05,2019Head of the Plan and Budget Organization says the government is weighing three options on allocating $14 billion for importing essential goods in the next fiscal that starts on March 21. Mohammad... -
March 05,2019Mohsen Salehinia, head of Iran Small Industries and Industrial Parks Organization, says out of the 43,000 small and medium sized enterprises in industrial towns, 20% are facing recession, which... -
March 05,2019Stocks sold off on Tuesday for a second session as investors digested the negative effects of the drop in foreign exchange rates. This comes as some analysts warn that the herd behavior of... -
March 04,2019In the new Iranian year that starts on March 21, the raise in wages for government employees and retirees was approved by the Majlis. The raise is 4 million rials (about $30). The proposal was...
