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.
July 21, 2023 18:51
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February 02,2021Private companies have called on the government to take efficient measures for the use of cryptocurrency and its mining in way that compatible with the national interest. Iran Chamber of Commerce... -
February 02,2021The government sold 29.1 trillion rials ($121 million) in bonds at the weekly auction held by the Central Bank of Iran on Tuesday. It was the highest earning in the fourth quarter of the fiscal...
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February 02,2021The main indicator of Tehran Stock Exchange retreated to 1.2 million points on Tuesday after two consecutive sessions of heavy losses. The TSE benchmark, TEDPIX, lost 28,238.65 points or 2.3% for...
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February 02,2021As seen in the past few months, growth of sight deposits again far outweighed term deposits in the month to Dec.20, the Central Bank of Iran reported. Also known as time deposits, total term...
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February 02,2021Most major market indicators dropped in Tehran's share market Monday driven by excessive offers of large cap stocks. The market cap-weighted index of Tehran Stock Exchange, TEDPIX lost 17,427...
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February 02,2021By the end of the ninth Iranian month (on Dec.20), banks held 71 quadrillion rials ($289.8 billion) in assets, up 42.7% YOY and 31% compared to the beginning of the current fiscal year last March...
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February 02,2021Foreign exchange rates dropped Monday in Tehran after the central bank governor on state TV forecast much lower currency prices that triggered panic selling. After rallying for three consecutive...
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February 02,2021The Central Bank of Iran trying to reduce interbank interest rates in the hope of realizing its inflation target, the governor Abdolnasser Hemmati said. An inflation target of ±22% has been set...
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January 31,2021Banks lent 191 trillion rials ($800 million) to 763 knowledge-based companies in the first nine months (March 20-Dec. 20, 2020) of current fiscal year. This was an increase of 128% year-year, the...
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January 31,2021Broad money supply reached 31,300.2 trillion ($130 billion) at the end of third quarter of the current fiscal year on Dec. 20, indicating 38.4% Y/Y growth. The Central Bank of Iran in a report...
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January 31,2021Iran Aseman Airline, the country's third largest carrier by active fleet size, affiliated to the Civil Servants Pension Organization, is planning initial public offering, the company's CEO said...
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January 31,2021Major currencies continued to advance in open markets on Sunday extending gains a session earlier.
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January 30,2021There are plans to finance the loss-making auto industry to the tune of 150 trillion rials ($650 million), the governor of the Central Bank of Iran said. Abdolnasser Hemmati made the announcement...
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January 30,2021The general price index of construction materials for residential properties in Tehran grew by 59.6% in the four-quarter period to Dec. 20, 2020, which marks the end of the third quarter of the...
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January 30,2021The Tehran stock market saw one of its best days in two months on Saturday as prices of most shares rose. The main gauge of Tehran Stock Exchange, TEDPIX, climbed 3.3% gaining 39,454 points, the...
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January 30,2021Increase in stock market trade has created a source of tax revenue for the government, the top tax official in Tehran said. According to Omid-Ali Parsa, head of the Iranian National Tax...
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January 30,2021Forex rates shot up in Tehran on the first day of the week. The dollar climbed to 243,000 rials on Saturday in the open market, posting 2.3% or 5,600-rial growth compared to Thursday's close. The...
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January 29,2021Iran Fara Bourse, Tehran's junior equity exchange, is to set up an over-the-counter market for listing companies not eligible for listing on the IFB prime market, an official with the Securities...
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January 29,2021New banking rules banning transactions of "unidentified" customers are not restricted to foreigners or refugees in Iran, and applies all customers whose ID is not registered with banks, the...
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January 29,2021The Export Guarantee Fund of Iran is offering up to $800 million in guarantees for export to the Eurasian Economic Union member states, the export agency's director said. "Issuing guarantees for...
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January 29,2021Banks will start issuing credit cards to owners of the so-called Justice Shares in the coming week, head of the Central Security Depository of Iran (CDSI) said. The shares are to be used as...
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January 29,2021Former CEO of the Securities and Exchange Organization (SEO) Hassan Qalibaf-Asl defended his performance on Wednesday. Speaking at a valedictory ceremony, Qalibaf-Asl pointed to the liquidity...
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January 27,2021The government sold 20.3 trillion rials ($88 million) in bonds at the weekly auction on Tuesday held by the Central Bank of Iran. Earnings improved compared to the previous sale by 150% when it...
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January 29,2021Currency and gold prices posted significant gains on Wednesday in Tehran after two days of decline. The dollar was quoted at 237,000 rials in the free market, 3.29% higher than the previous day's...
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January 27,2021Banks and credit institutions gave 12,199.4 trillion rials ($53 billion) in loans to economic sectors in the nine months since the beginning of the current fiscal year (March 20-Dec.20, 2020)....
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