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 18, 2019 19:51
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November 28,2018Latest data released by the Central Bank of Iran confirm that Tehran's housing market has been plunged into a state of stagflation. The data covering the eight months of the current Iranian year... -
November 28,2018The stock market sell-off on Tehran Stock Exchange continued Wednesday, knocking the TEDPIX 3,400 points and wiping out the gains made since the beginning of autumn. Low oil and commodity prices... -
November 28,2018Tehran Stock Exchange and Iran Fara Bourse – an over-the-counter market for securities and other financial instruments in Tehran - announced changes in trading procedures as part of new directives... -
November 28,2018Foreign exchange rates in Tehran’s market dropped below the support level of 120,000 rials on Wednesday as foreign currency rates continue to decline in the open market. The US dollar was traded... -
November 28,2018After nearly a one-month hiatus prompted by US sanctions, China is resuming its banking relations with Iran, President of Iran-China Chamber of Commerce and Industries said. Asadollah Asgaroladi... -
November 27,2018The total volume of loans allocated by Iranian banks and credit institutions to the housing and building sector grew by 28.5% year-on-year during the first seven months of the current fiscal year... -
November 27,2018A capital market analyst believes that nine-monthly reports of listed companies will give more in-depth information about their direction which in turn should help bring analysis-oriented decision-... -
November 27,2018Stocks closed mostly higher on Tuesday, Tehran Stock Exchange's main gauge, TEDPIX, rebounding to snap a two-day losing streak, on the back of newly released earnings reports by companies. ... -
November 27,2018France and Germany will likely host the Special Vehicle Purpose (SPV), a special payment channel created by Europe as part of its efforts to keep trade flowing with Iran in defiance of US sanctions... -
November 26,2018Iran exported 135 tons of saffron worth more than $178 million during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 48% and 27% growth in weight and value... -
November 26,2018Iranian steel mills produced a total of 20.6 million tons of crude steel during the first 10 months of 2018, up 19% compared with last year’s corresponding period, the latest report of World Steel... -
November 26,2018The Tehran stock market has moved lower on consecutive trading days, as low oil prices continue to batter investment sentiment. Tehran Stock Exchanges' main index TEDPIX has retreated 6% since... -
November 25,2018More than 1.9 million tons of commodities worth over 77 trillion rials ($616 million) were traded during the calendar month ending on November 21 at Iran Mercantile Exchange, registering 14% growth... -
November 25,2018After ending the past week l3.5% lower, the Tehran Stock Exchange continued to reel under selling pressure on Saturday. Falling global stocks, US-China trade war, declining oil and commodity... -
November 25,2018More than 1,338 trillion rials (€10.29 billion) worth of investments have been made in industrial units for which establishment permits were issued while 325.5 trillion rials (€2.5 billion) were... -
November 25,2018Foreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran will continue to sell... -
November 21,2018Iranian banks and credit institutions lent 3.58 quadrillion rials ($27.33 billion) to various sectors during the first seven months of the current fiscal that ended on October 22, the Central Bank... -
November 21,2018President Hassan Rouhani said Wednesday that dirty money and money laundering has become a universal challenge not limited to any single country and Iran is no exception. Speaking at the weekly... -
November 21,2018Lawmakers discussed a bill about financial and administrative regulations for the Education Ministry and voted to allocate one percent of revenues earned by state-owned banks and firms as well as... -
November 21,2018Tehran Stock Exchange’s main index lost 745.55 points or 0.42% on Wednesday to end trading at 175,713.2. About 1.84 billion shares valued at $60.83 million changed hands at TSE for the day.... -
November 20,2018The Central Bank of Iran in its latest report said debts of banks and credit institutions to the CBI totaled 1.5 quadrillion rials ($11.32 billion) in the calendar month September 22, up 37.3% year... -
November 20,2018Iranian banks have again found themselves at the center of US efforts to exert maximum pressure on the economy two weeks after the Trump administration slapped its second round of penalties. ... -
November 20,2018Tehran Stock Exchange’s main index gained 642.23 points or 0.37% on Tuesday to end trading at 176,458.7. About 1.68 billion shares valued at $55.25 million changed hands at TSE for the day.... -
November 19,2018Iranian private sector production units are now allowed to swap their debts to state-run banks or state-based services companies with what they are owed by government medical centers, a top private... -
November 19,2018Iran’s central bank has communicated the details of the latest currency repatriation rules that oblige all exporters to repatriate their earnings. The directive has four clauses, as reported on...
