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.
November 16, 2019 19:18
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September 16,2019The newly appointed German head of Iran-EU trade mechanism, known as Instrument in Support of Trade Exchange (INSTEX), was in Tehran to discuss issues of mutual interest. On the first day of the... -
September 16,2019The symbol tickers of commodity stocks started trading day on Monday mainly in green as investors reacted to the steep rise in crude oil prices in international markets. After a brief correction... -
September 15,2019The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati, for one more year to intervene and regulate the foreign exchange market, the... -
September 15,2019A report by the Central Bank of Iran on the participatory bond market said municipalities in major urban areas sold more than 12.5 trillion rials ($110 million) worth of participatory bonds up... -
September 15,2019Investors’ caution to save earlier gains kept Tehran stocks from making further headway on Sunday after conquering the historic peak of 300,000 points a day earlier. The main gauge of Teheran... -
September 14,2019Banks met nearly 57% of industrial units' capital need in the last Iranian fiscal year (ended March 2019), says a deputy minister of industries. "Industries wanted 2,890 trillion rials ($25... -
September 14,2019The Tehran Stock Exchange benchmark crossed the psychological level of 300,000 points on Saturday, extending a winning streak into the sixth day. Most symbol tickers at TSE ended green for the... -
September 13,2019The CEO of Bank Sepah -- the state-owned lender with which five military banks are merging -- says the number of branches of merged banks will be cut by 10%. Considering the number of Bank Sepah... -
September 13,2019Utility companies that offer electricity on the energy bourse will be eligible for 10% tax exemption, head of the Iran Energy Exchange said. Industrial units with electricity consumption of above... -
September 13,2019Data about loans given by banks and credit institutions based on different Islamic banking contracts show “partnership loans” had the biggest share by the end of the third quarter of the present... -
September 11,2019Cryptocurrency miners will be eligible for tax exemption if, like non-oil exporters, they repatriate their overseas earnings, Iran's National Tax Administration said. As per INTA regulations... -
September 11,2019The Majlis Research Center, the influential research arm of the parliament, has stressed the need to start currency swap deals with the main trading partners to help keep the economy immune against... -
September 11,2019The winning streak of Tehran Stock Exchange continued Wednesday, with the main index climbing more than 3,000 points or 1.08%, hovering near 300,000. Recent news about recapitalization was among... -
September 10,2019Pundits and economic experts looking closely at the key insurance sector are prone to ask one question: Why should the insurance industry be exempt from value added tax as some quarters have been... -
September 10,2019An estimated 2.35 billion transactions worth 2,617 trillion rials ($23.05 billion) were processed by Iran's domestic payment network, Shaparak, during the fiscal month to August 22. The latest... -
September 07,2019The plan to merge five military-affiliated banks and credit institutions has entered the next phase after majority ownership of the merging entities was transferred to state-run Bank Sepah, CEO of... -
September 07,2019In a directive to banks and credit institutions, the Central Bank of Iran has warned that lenders would be held responsible for any loss resulting from their negligence to activate disposable debit... -
September 07,2019After registering a 4.1% growth during four business days last week, Tehran stocks market started the new trading week bullish on Saturday. The main gauge of Tehran Stock Exchange gained more... -
September 06,2019A report published by the economic research department of Tehran Chamber of Commerce, Industries, Mines and Agriculture show that the currency market was the worst-performing market in the first... -
September 06,2019The European mechanism to facilitate trade with Iran will not work until Tehran sets up a mirror company and meets international standards against money-laundering and terrorism financing, a French... -
September 06,2019Riding on the tailwind of huge liquidity inflow and the rising number of new investors in the past few months due to the absence of strong parallel markets, Iran’s capital market is soaring as... -
September 06,2019Another German diplomat was appointed president of the trade mechanism designed to settle trade between Iran and Europe, officially known as Instrument in Support of Trade Exchange (INSTEX). -
September 04,2019The government-owned Iran Insurance Company plans to increase its capital from 34 trillion rials ($300 million) now to 100 trillion rials ($870 million) by the time the current calendar year is out... -
September 04,2019Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects. -
September 04,2019More than 1.42 billion transactions were processed via automated teller machines in the first three months of current fiscal year (started March 21). By the end of this period the number of...
