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 03, 2022 19:58
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August 14,2022After a short-lived bull-run a session before, Tehran stocks traded choppily on Sunday as the bullish mode in the opening of trade gave way to sell-off at close of the session. The main index of... -
August 14,2022Iran’s stock market is among the worst in the world when it comes to upholding the rights of retail investors, the general secretary of the Iranian Institutional Investors Association (IIIA) said...
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August 14,2022The Law Enforcement Forces (LEF) have called on the Central Bank of Iran to work on integration of debit cards owned by each individual to reduce the risk of fraud and selling bank cards to money...
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August 14,2022The rial gained more ground as most foreign exchange rates continued to retreat at Tehran’s unofficial market on Sunday. The US dollar was down almost 2.3% and was quoted at 301,700 rials at the...
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August 13,2022Currency rates fell on Saturday as speculators tied forex prices to political developments and there seemed to be more sellers than buyers in Iran’s open market. The market was already on the...
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August 13,2022Iranian Insurance Brokers' Association has voiced support for the Central Insurance company of Iran's controversial decision to launch a central gateway for managing online broker operations. In a...
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August 13,2022Tehran stocks rebounded on Saturday amid rise in retail trade and inflow of fresh liquidity following weeks of money quitting the market. The main index of Tehran Stock Exchange, TEDPIX, gained...
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August 13,2022The Central Bank of Iran said it will prevent big defaulters in the past from receiving new loans. “Big defaulters will not receive new loans and must first reimburse past loans under the set...
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August 13,2022Bond sale by the government faltered this week as the main buyers, namely banks and institutional investors in the stock market opted out. On behalf of the Economy Ministry, the Central Bank of...
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August 13,2022Banks and credit institutions gave 277 trillion rials ($893 million) loans to knowledge-based companies from the beginning of fiscal year to July 22, the Governor of the Central Bank of Iran said...
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August 13,2022Almost all interment payment gateways and point-of-sale terminals are fully integrated into the tax system, concluding a project that started almost two years ago, the Central Bank of Iran vice...
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August 10,2022Iran's Trade Promotion Organization said $10 million in cryptocurrency was used recently for settling an import bill. Alireza Peymanpak, the TPO chief, made the announcement in a tweet noting that...
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August 10,2022Tehran’s share market saw choppy trade on Wednesday as most shares pared early hour gains amid mounting sell-off. The benchmark of Tehran Stock Exchange, TEDPIX shed 3,478.85 points or 0.24% to...
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August 10,2022The monetary regulator may consider the possibility of higher interest rates on bank deposits, the governor of the Central Bank of Iran said. Speaking on the sidelines of a Cabinet meeting in...
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August 10,2022Forex rates in the unofficial market dropped on Wednesday dragging down prices in the domestic bullion market. The US dollar was quoted at 311,140 rials, down 5,500 rials or 1.9% in Tehran’s free...
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August 09,2022The main gauge of the Tehran Stock Exchange, TEDPIX, gained 3,019 points or 0.21% on Tuesday to end trade at 1,451,941. A total of 6.48 billion shares worth 55.88 trillion rials ($180 million)...
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August 09,2022The Iranian National Tax Administration (INTA) said value added tax will no longer be levied on commodity-linked certificates of deposit (CD) traded via the Iran Mercantile Exchange and Iran Energy...
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August 09,2022Financial statements of several banks and credit institutions listed in the stock market show most are disinclined to lend. Financial data of 11 banks analyzed by the Economy Ministry news website...
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August 08,2022An estimated 3.77 billion retail transactions were processed by the domestic electronic payment network, known as Shaparak, in the fourth month of the calendar year to July 20. These were worth 6,...
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August 08,2022Banks issued 75 trillion rials ($240 million) in ‘Productive Credit Certificates’, known by its Persian acronym Gam, in one month, head of the Central Bank of Iran public relations office said. ...
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August 08,2022Interbank rates declined further last week after recently bucking a four-month rising trend, indicating the regulator’s intervention to control rates was effective. The rate dropped below 21% and...
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August 08,2022Tehran’s share market improved at the close of trading week on Wednesday, building on slight gains in the previous session. The benchmark of Tehran Stock Exchange, the market cap-weighted TEDPIX...
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August 08,2022The National Development Fund of Iran, the sovereign wealth fund, is to deposit an extra 10 trillion rials ($32 million) with the Capital Market Stabilization of Fund (CMSF). “Based on talks...
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August 08,2022The bond sale boomed this week thanks to contribution of banks and credit institutions but lack of interest from investors in the capital market. In the 11th auction on Tuesday, 32 trillion rials...
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August 08,2022The US dollar and other currencies posted decline in Tehran’s free market on Wednesday, apparently under the influence of reports about the resumption of the Iran nuclear talks. The greenback was...
