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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February 25,2019The benchmark TEDPIX average finished above 166,000 points as the three-day rally in stock prices showed no signs of letting up. TEDPIX average extended its winning streak to a third session on... -
February 24,2019Lawmakers allowed the government on Sunday to withdraw €2.37 billion from the National Development Fund of Iran to be paid in foreign currency for completing national projects in the next fiscal... -
February 24,2019The average price of each square meter of a residential unit in Tehran stood at 100.6 million rials ($76.8) in the 11th Iranian month (Jan. 21-Feb. 19), showing a 3% rise compared with the... -
February 24,2019The benchmark TEDPIX average extended its winning streak to a second session on the Tehran Stock Exchange on Sunday, backed by renewed hopes about soon-to-be-released monthly earning results of... -
February 23,2019Lawmakers obliged the government on Saturday to identify and remove three high-income deciles from the list of those receiving the monthly cash subsidy payment. They ratified the measure late... -
February 23,2019Bank Maskan, the state-run agent bank of the housing sector, granted a total of 421,800 loans worth 157.14 trillion rials ($1.17 billion) during the 10 months ending Jan. 20. The facilities were... -
February 23,2019With proposals to split the Ministry of Industries, Mining and Trade into two separate ministries making the rounds once again, a business expert says the issue should be put on the backburner... -
February 23,2019In an amendment to the next budget bill, the Majlis obliged the government on Saturday to levy tax on the earnings of Astan Qods Razavi, Executive Headquarters of the Imam's Directive - shortly... -
February 23,2019Tehran Stock Exchange and Iran Fara Bourse clocked their biggest single-session point gains in more than a month on Saturday. TSE's main index, TEDPIX, rose 4,778.26 or 3.00%, as of market close,... -
February 22,2019Lawmakers ratified another section of next year's (March 2019-20) budget bill that allows Bank Maskan - the main housing bank - to reimburse 50 trillion rials ($400 million) of its debt to the... -
February 22,2019Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day. According to market reports, the... -
February 22,2019The anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months, recognizing the... -
February 20,2019Stocks rose on Wednesday as investors took heart from the rally in global markets, expectations of positive earnings reports of companies and the boom in commodity trading on Iran Mercantile... -
February 20,2019President Hassan Rouhani's chief of staff has denied recent claims by selected news outlets that the government for politically motives intentionally allows increase in foreign exchange rates. "... -
February 20,2019Debating next year's (March 2019-20) budget bill in the Majlis, lawmakers on Wednesday obliged the Iranian National Tax Administration with collecting 30% of overdue taxes in the current fiscal... -
February 19,2019In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42 billion) in loans, up 757 trillion rials ($6 billion) compared to the same period in the... -
February 18,2019The amended Anti-Money Laundering Law was finally signed into law by President Hassan Rouhani last month after it was studied in graphic detail by several entities, namely the specialized... -
February 18,2019While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20). According to parliamentary... -
February 19,2019Committed to preserving historically close trade relations between Iran and Italy, private sectors from both sides have explored the setting up a small bank to side-step the new US sanctions... -
February 18,2019The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (35,000 barrels) out of the one million offer sold on the stock market. -
February 18,2019The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March. The greenback sold for 130,000... -
February 17,2019Resources of Bank Maskan’s Housing Savings Account, the mortgage loan program of the state-run bank, reached 87.56 trillion rials ($729.74 million) by the end of the Iranian month Dey (Jan. 20),... -
February 17,2019The initial public offering of FKA Agriculture & Animal Husbandry Company (FKA) has been completed on Iran Fara Bourse Second Market with each share of FKA priced at 8,300 rials. FKA... -
February 17,2019Iranian lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran... -
February 17,2019A study conducted by the Statistical Center of Iran has for the first time measured the share of the private sector in the national economy. The findings indicate a bigger role for the private...
