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 28, 2023 19:37
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May 28,2023The Central Bank of Iran said it allocated close to $2.5 billion for importing of wheat, corn, barley, soybean meal, oilseeds, oil, rice, fertilizers, and other essential commodities since the... -
May 28,2023The former head of the Iran-Oman Joint Chamber of Commerce said Omani Sultan Haitham bin Tariq Al Said's, visit to Iran could pave the way for boosting two-way economic and financial ties. The...
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May 28,2023Tehran Stock Exchange's main index, TEDPIX, lost 54,209.72 points or 2.35% on Sunday to end at 2,257,012.82 and the TSE equal-weighted index plunged 3.38%. About 14.1 billion shares worth 112.04...
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May 28,2023Members of the Asian Clearing Union (ACU) – a nine-member group of central banks including those of India, Pakistan and Iran – are to launch a new cross-border financial messaging system in the...
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May 27,2023Majid Moshalchi, the deputy chief of the Central Insurance company of Iran (CII), the industry regulator, has disclosed details about ten major brokers and agents with major debts to the insurance...
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May 27,2023To help underpin bilateral trade and economic ties, a cooperation agreement was signed between insurance companies from Iran and Syria. Iran’s Alborz Insurance Company and the Syrian Al-Aqeela...
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May 27,2023Tehran Stock Exchange's main index, TEDPIX, lost 34,746.13 points or 1.48% on Saturday to end at 2,311,221.79 while the TSE equal-weighted index gave up 1.53%. About 12.46 billion shares worth 102...
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May 27,2023Iran Fara Bourse (IFB) ended the second month of the Iranian calendar year (April 20-May 21) with substantial growth in trade, market share and overall performance. According to the IFB public...
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May 26,2023Key elements contributing to funding in the Iranian market in the calendar month of April 20 were an increase in capital with a share of approximately 84% and bonds taking up the rest, the Central...
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May 26,2023The Central Bank of Iran has developed a special messaging system for banking communication among member states of the Asian Clearing Union, the CBI deputy for international affairs, Mohsen Karimi...
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May 26,2023The establishment of Russia's second-largest bank, VTB Bank, in Iran is expected to help lift trade between the two sides and other foreign nations, according to leading economists. Shahin Shayan...
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May 24,2023Tehran Stock Exchange's main index, TEDPIX, edged up 15,168.84 points or 0.65% on Wednesday to end at 2,345,967.5 while the TSE equal-weighted index added 0.22%. About 13.16 billion shares worth...
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May 24,2023Central bank chiefs of Iran and Russia met Tuesday in Tehran and exchanged views on building banking and financial cooperation and expanding the use of national currencies in bilateral and possibly...
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May 24,2023The 51st meeting of the Asian Clearing Union (ACU) board of directors was held Wednesday in Tehran presided by the Iran’s first vice president, Mohammad Mokhber, and central bank governors of...
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May 23,2023Tehran Stock Exchange's main index, TEDPIX, gained 12,292.72 points or 0.53% on Tuesday to end at 2,330,799.10 while the TSE equal-weighted index was up 1.84%. About 15.93 billion shares worth 133...
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May 23,2023An estimated 13.43 million tons of goods were traded in the spot market of the Iran Mercantile Exchange (IME) in the calendar month to May 21. Compared to the month before, trade was up 71.4% in...
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May 23,2023The deputy governor of the Central Bank of Belarus made a formal request on behalf of his country to join the Asian Clearing Union (ACU). The request was submitted to Mohammad Reza Farzin, the...
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May 22,2023Iran Energy Exchange (IRENEX) on Monday launched its ‘Green Power Board’ where renewable power plants can sell their output. The event, attended by the Minister of Energy Ali Akbar Mehrabian,...
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May 22,2023The Governor of the Bank of Russia Elvira Nabiullina is due to arrive in Tehran today. "Tehran is hosting the chief of the Central Bank of Russia and talks will focus on following up agreements...
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May 22,2023Tehran Stock Exchange's main index, TEDPIX, gained 15,801.16 points or 0.69% on Monday to end at 2,318,506.52 and the TSE equal-weighted index climbed 1.67%. About 15.66 billion shares worth 124....
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May 21,2023Banks paid some 1,812 trillion rials ($3.48 billion) in loans in the month to April 22 -- up 12.7% on the year before. The Central Bank of Iran said on its website that individual borrowers...
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May 21,2023Tehran Stock Exchange's main index, TEDPIX, gained 4,720.06 points or 0.21% on Sunday to end at 2,302,705.5 and the TSE’s equal-weighted index moved up barely by 0.41%. About 12.7 billion shares...
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May 21,2023A bill to enhance the power and influence of the Central Bank if Iran in better managing the foreign exchange market has been sent to the Majlis (parliament) by President Ebrahim Raisi. The...
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May 20,2023The governor of the Central Bank of Iran, Mohammad Reza Farzin, said the regulator is looking at proposals for launching the "offshore rial" for use in markets in Afghanistan and Iraq. He made...
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May 20,2023Tehran Stock Exchange's main index, TEDPIX, lost 23,350.32 points or 1.01% on Saturday to end at 2,297,985.45 while the TSE equal-weighted index dipped 0.54%. About 14.53 billion shares worth 119....
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