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.

  • Rare Gain for TSE 
    The main index of the Tehran Stock Exchange, TEDPIX, gained 11,541.71 points or 0.83% on Sunday to end at 1,404,627.24. The TSE equal-weighted index gained 1.23%. About 10.58 billion shares worth...
  • Pakistan Traders Seek Formal Banking Channels With Iran
    The State Bank of Pakistan (SBP) has not opened any formal banking channels with Iranian and Russian markets due to which their potential cannot be tapped, says the Pakistan Business Forum (PBF)....
  • Latest Move to Make Share Market Attractive
    The heads of three branches of government (executive, judiciary and legislature) approved a proposal by the Security and Exchange Organization (SEO) to slash tax on share trade by 80%. The rare...
  • TEDPIX Ends Down
    Tehran Stock Exchange's main index, TEDPIX, lost 20,509.54 points or 1.45% on Saturday to end at 1,393,064.17. The TSE equal-weighted index lost 0.87%. About 8.46 billion shares worth 54.24...
  • More Cars to Be Sold via the IME
    After offering Peugeot 207 at the Iran Mercantile Exchange (IME), the Securities and Exchange Organization (SEO) is set to offer other popular models in the stock market, a SEO official said. “The...
  • TEDPIX Records Weekly Decline
    Tehran’s share market wrapped up the week on Wednesday apparently stuck in the downside after posting 10% surge the week before.  Tehran Stock Exchange main index, TEDPIX, lost nearly 783 points...
  • Gov't Debt to Private Banks Rises 9 Percent
    The government's debt to four private banks jumped 9% in the first half of the current fiscal year that started in late March. Electronic Banking journal reviewed the financial statements of the...
  • E-Payment Network Told to Let Go Contentious Symbol
    The government's Digital Economy Management Commission ordered Shaparak Company, the main e-payment network, to suspend new rules obliging payment facilitator applications to display the online...
  • Put Options Welcome 
    The Capital Market Development Fund (CMDF) says the capital market authority's decision to issue put options is welcome by retail investors. "So far 220,000 shareholders have purchased the...
  • IKCO to Sell Peugeot 207s via the Mercantile Exchange
    Iran Khodro Company (IKCO), the largest domestic automaker wants of sell some of its popular models via the Iran Mercantile Exchange.  It will offer 1,000 Peugeot 207s on November 21. The base...
  • $3.3b Allocated for Pharma Import: CBI
    The Central Bank of Iran says since mid-April it has allocated $3.34 billion for importing medicine. According to a press statement seen on the bank's website, the forex was paid as a part of an...
  • $43m Bonds Sold
    The government's weekly bond sale was held on Tuesday as banks and credit institutions again stayed away. Debt worth 10.623 trillion rials ($29.1 million) was sold in the 26th auction held by the...
  • TSE Rises Slightly 
    Tehran Stock Exchange's main index, TEDPIX, gained 3,149.48 points or 0.22% on Wednesday to end at 1,413,573.66. The TSE equal-weighted index gained 0.42%. About 6.53 billion shares worth 45.74...
  • New Rules for Cryptomining   
    First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019. Henceforth cryptominers should get special permits from...
  • Stock Market Sluggish 
    Tehran Stock Exchange's main index, TEDPIX, gained 2,285.47 points or 0.16% on Tuesday to end at 1,410,459.71 and the TSE equal-weighted index added 0.25%. About 5.62 billion shares worth 40.23...
  • CBI Says to Start Dollar Bond Sale
    The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market.  Forex will be offered at the state-owned Bank Melli, the...
  • IPI of Listed Companies Up 7.7% in One Month
    The Monetary and Banking Research Institute (MBRI) says the output of listed manufacturing companies has increased.  In a recent report it reflected on the monthly performance of 280 companies in...
  • TEDPIX Down 0.77%
    Tehran Stock Exchange's main index, TEDPIX, lost 10,965.69 points or 0.77% on Monday to end at 1,408,174.25. The TSE equal-weighted index lost 0.75%. About 6.84 billion shares worth 42.8 trillion...
  • CBI Rethinking Bank Charges  
    The Central Bank of Iran says it will revise banking fees starting from the beginning of the calendar year in March.  Mehran Mahramian, the CBI's deputy for innovative technologies, in a talk with...
  • Big Leap in Medical Insurance Industry
    Medical insurance emerged as the main source of revenue for insurers in the first seven months of the current fiscal year (started late March 2022), out earning the lucrative third-party auto...
  • Stocks Hit Pause
    Share prices in Tehran stumbled on Sunday bucking a rising trend that started two weeks ago.  Tehran Stock Exchange's main index, TEDPIX, lost 6,956.5 points or 0.49% on Sunday to end at 1,419,140...
  • REITs to Help Gov't, Banks Sell Assets
    Economy Minister Ehsan Khandouzi says the government will make use of real estate investment trusts (REITs) to reactivate its unproductive assets.  "REITs can help make best use of government...
  • TSE Ends Higher 
    Tehran Stock Exchange main index, TEDPIX, gained 11,739.16 points or 0.83% on Saturday to end at 1,426,095.96. About 9.29 billion shares worth 58.65 trillion rials ($202.24 million) changed hands...
  • Four More Banks Join ‘Gam’ Credit Structure  
    The Ministry of Industries, Mining and Trade signed a memorandum of understanding with four banks on Saturday allowing them to issue “Productive Credit Certificates”, known by its Persian acronym...
  • Bank Foreign Assets Pause
    Iranian banks held foreign assets worth 24,139.3 trillion rials ($68.8 billion) by the end of the fifth calendar month to August 22, up by 18.9% compared to the same time last year.  Central Bank...

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