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 15, 2021 00:34
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February 24,2021Sell-side pressure in Tehran's share market partially eased Tuesday as seen in the noticeable increase in the value of trade and rise in buyers of large caps. Despite high demand in the late... -
February 24,2021The Majlis on Tuesday accepted sections of the March 2020-2021 budget bill related to ways and means the government and state-run companies can raise funds via the debt market. As per the...
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February 24,2021Currency and gold prices jumped in Tehranon Tuesday amid renewed political sensitivities and sense of uncertainty in financial markets. The US dollar rose 1.6% to finish the day at 249,000 rials...
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February 24,2021The Trade Promotion Organization of Iran plans to allocate €200 million to promote exports to African countries. Farzad Piltan, head of TPO's Arab-African Department, said the funding will be...
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February 22,2021Extending a weeklong losing streak, trade in Tehran's share market slumped on Monday with investors struggling to cash their stocks. The main index of Tehran Stock Exchange, TEDPIX, lost 8,113...
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February 22,2021The Majlis on Monday restricted the government’s ability to use subsidized foreign currency for importing basic goods in the next fiscal year that begins in March. Reviewing the next budget bill,...
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February 22,2021Iran and South Korea have reached an agreement on using "a part" of Iran’s foreign currency assets frozen in the Asian country. The agreement was reached in a meeting between the governor of...
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February 22,2021Tehran's currency market was almost stable Monday as foreign exchange rates were unchanged. The dollar traded for 245,000 rials in the free market, posting 1,000 rials or 0.41% decline compared...
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February 21,2021The Statistical Center of Iran has published its latest report on the capital city Tehran’s real-estate and property market during the third quarter of the current Iranian year (Sept. 22-Dec. 20,...
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February 21,2021Iranian insurance companies paid 94.25 trillion rials ($348.6 million) in medical claims in the first ten months of the current fiscal year that ends in March, posting 29.14% increase compared to...
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February 21,2021Tehran stocks extended a losing streak that started last Monday into the fifth session on Sunday as share offers by nervous investors far outweighed demand. The main index of Tehran Stock...
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February 20,2021The Securities and Exchange Organization has called on listed companies to release without delay corporate data to the millions of retail investors in an orderly manner.
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February 20,2021Economic sectors benefited from the capital market to the tune of 3,030 trillion rials ($12 billion) in the first ten months of the current fiscal year that ends in March. This was more than...
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February 20,2021Head of the Iran-Switzerland Joint Chamber of Commerce says with a new government in the United States "sensitivities" toward the Iran-Switzerland financial channel has declined. The trade...
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February 20,2021Authorized cryptocurrency miners in Iran have been allowed to resume operations after fuel supply to electricity power plants returned to normal, a spokesperson for Distribution and Transmission...
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February 19,2021The benchmark of Tehran Stock Exchange extended a losing streak into a third day at the close of trading week on Wednesday. TEDPIX, the TEDPIX's main gauge, finished trade 0.6% lower, shedding 7,...
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February 19,2021Major Iranian holding companies are allowed to buy the so-called Justice Shares via block trade, said the head of Central Securities and Depository of Iran.
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February 19,2021Outstanding loans in Iran’s banking system outpaced deposits in the month ending Nov. 20, making the gap between paid loans and banking deposits to grow for the fourth month in a row. That is...
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February 19,2021Results of the recent bond auction held by the Central Bank of Iran indicate the declining share of banks and credit institutions in bond sale while stock market investors and security underwriters...
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February 16,2021Non-performing loans of Iranian banks and credit institutions were worth 1,770 trillion rials ($7 billion) by the end of the second quarter of the current fiscal year (Sept. 21), the latest data...
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February 16,2021Iran Fara Bourse, Tehran's junior equity exchange, on Tuesday hosted the biggest venture capital fund (VCF).
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February 16,2021Almost all large cap shares at Tehran Stock Exchange were under unrelenting sell side pressure on Tuesday, while many penny stocks experienced a price surge. TSE's main index, the market cap-...
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February 16,2021The controversial plan allocating cheap foreign currency for import will continue in the next fiscal year (starting March 20). The decision is part of the revisions made to the draft of the next...
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February 15,2021After a fragile gain a session earlier, stocks stumbled in Tehran on Monday to buck a rising trend that extended for five sessions. The main gauge of Tehran Stock Exchange, TEDPIX, lost 7,083...
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February 15,2021The governor of Central Bank of Iran on Sunday announced that his bank has finalized the draft version of regulations for the issuance and use of crypto-rial, a central bank digital currency (CBDC...
