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.
September 29, 2020 19:29
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July 27,2020A Swiss pharmaceutical company has completed the first transaction under a new humanitarian trade channel with Iran, the government in Bern said on Monday.
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July 27,2020Head of the Export Department of the Central Bank of Iran on Monday gave some clarification about the €25 billion in unreturned export earnings. This comes after business leaders last week called... -
July 27,2020Tehran stocks extended a losing streak into the second day on Monday as sell-side pressure remained high under retreat of blue chips. The benchmark of Tehran Stock Exchange, TEDPIX, dropped by 12,... -
July 26,2020The value of commodities traded at the Iran Mercantile Exchange increased by 23% in the last calendar month (June 21- July 21) compared with a month earlier. In volume terms, the deals rose 8%. -
July 26,2020The Central Bank of Iran reported that growth in broad money supply picked up during one year, rising by 34.2% by end of the calendar month to June 21 compared with the same period last year. ... -
July 26,2020Governor of the Central Bank of Iran Abdolnasser Hemmati has called on President Hassan Rouhani to incentivize exporters who have fulfilled their commitment to repatriate their overseas revenues... -
July 26,2020Tehran stocks fell on Sunday as the Tehran Stock Exchange benchmark, TEDPIX, faltereds near the psychological level of 2 million points and chart patterns suggested correction in the prices of blue... -
July 25,2020Iran Insurance Company, the largest and sole state-owned player in the domestic market, generated 47 trillion rials ($213 million) in premiums in the first three months of fiscal year (March 21-... -
July 25,2020A member of the High Council of Securities and Exchange said Saturday that the council has approved the decision to set up a real estate exchange. The new exchange market, will be the fifth... -
July 25,2020Banks will start issuing credit cards for owners of the so-called Justice Shares in the coming week, using the shares as collateral, a member of the High Council Securities and Exchange said. -
July 25,2020Leaving behind a two-day correction phase, Tehran stocks opened Saturday in positive territory amid spike in foreign exchange rates, which always whet investor appetite for commodities and other... -
July 25,2020Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central Bank of Iran... -
July 24,2020Approximately 1,045.4 trillion rials ($4.75 billion) were made available to companies via Iran’s capital market in the first quarter of the current fiscal year (March 20-June 20). Market... -
July 24,2020Government stakes in four refineries will be put on offer through the second state-controlled exchange-traded fund in the near future, head of the Iranian Privatization Organization said. Alireza... -
July 24,2020The government has unveiled its coronavirus aid package for home renters. According to Governor of the Central Bank of Iran Abdolnasser Hemmati, a total of 200 trillion rials ($915 million) out of... -
July 22,2020The Swiss government's payment channel for humanitarian goods to Iran, known as Swiss Humanitarian Trade Arrangement (SHTA), is plagued by delays, raising concerns about the viability of the move... -
July 22,2020Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide. The USD traded at 218,000 rials for the... -
July 22,2020Tehran stocks were hit by selloff at the close of trading week on Wednesday as the currency market climate tilted toward more uncertainty and investor sentiment sagged, especially regarding the... -
July 22,2020Islamic bonds worth 61.7 trillion rials ($287 million) were sold during the weekly bond auction on Tuesday. The auctions are in line with the government’s efforts to access funds for fixing its... -
July 21,2020Tehran stocks fell on Tuesday after investor sentiment paled over significant drops in foreign currency prices. The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,642 points and dropped 0.45%... -
July 21,2020The rial pares some more of its losses against the US dollar on Tuesday amid a noticeable intervention by the Central Bank of Iran. The dollar dropped to 217,000 rials in the middle of the... -
July 21,2020Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraqi officials during his tour to the Arab country, which could result in unfreezing... -
July 21,2020The US Treasury Office for Foreign Assets Control has recently allowed opening of a financial channel for sending humanitarian aid exclusively to Iran's Red Crescent Society, head of IRCS said.... -
July 21,2020Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture says the chamber has called on the government to explain on what premise it has calculated the amount of unreturned export... -
July 21,2020Deputy Minister of Roads and Urban Development Mahmoud Mahmoudzadeh said 50% of tenancy agreements extended in the fourth month of the current fiscal year (June 21-July 21) were in conformity with...
