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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April 03,2023The Central Bank of Iran said moneychangers and banks can henceforth sell currency only up to €2,000 to each Iranian in one year, lowering the cap from €5,000. Last month the CBI said selected... -
April 03,2023The government sold 448.7 trillion rials ($879.8 million) bonds in the 43rd weekly auction -- the highest in the last fiscal year that ended on March 20. Bond auctions are held by the Central...
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April 03,2023Tehran Stock Exchange's main index, TEDPIX, gained 11,239.59 points or 0.54% on Monday to end at 2,089,951.31 and the TSE equal-weighted index climbed 1.32%. About 18.84 billion shares worth 128.7...
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April 02,2023The International Court of Justice (ICJ) has ordered the United States to pay compensation to Iranian companies after ruling that Washington had illegally allowed courts to freeze their assets....
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April 02,2023Russia and Iran continue to work on the integration of Russia's Mir payment system with Iran's Shetab through specialized agencies, the director of the Economic Cooperation Department of the...
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April 02,2023Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20. ...
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March 16,2023Iran’s Energy Ministry has required owners of cryptomining hardware to register data related to themselves as well as the location of their devices in the Comprehensive Trade System of the Ministry...
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March 16,2023The Central Insurance of Iran, the regulatory body of the sector, has signed an agreement with the Iran National Innovation Fund and the Iran Biotech Development Council to launch a fund for...
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March 16,2023Tehran Stock Exchange's main index, TEDPIX, gained 38,000.81 points or 2.13% on Wednesday to end at 1,820,990.03. The TSE equal-weighted index gained 2.43%. About 20.31 billion shares worth 147....
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March 14,2023Tehran Stock Exchange's main index, TEDPIX, gained 1,355.82 points or 0.08% on Tuesday to end at 1,782,987.67. The TSE equal-weighted index gained 0.36%. About 14.13 billion shares worth 120.13...
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March 14,2023The head of Iran Consulting and Credit Rating Company says a new credit rating system will be unveiled in the next few months. "The new system assigns a score to each Iranian individual, which...
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March 14,2023The Securities and Exchange Organization of Iran plans to expand the limit of daily price spread in the stock market by at least 10%. Majid Eshqi, the head of SEO, made the announcement and noted...
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March 13,2023Tehran Stock Exchange's main index, TEDPIX, lost 1565.65 points or 0.09% on Monday to end at 1,781,632.05. The TSE equal-weighted index dipped 0.1%. About 12.447 billion shares worth 80.996...
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March 13,2023Iran's Securities and Exchange Organization (SEO) says it will strive to reform market regulations and procedures to address discrepancies and improve transparency to help attract investors to the...
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March 13,2023A report by Shaprak Company, the body in charge of supervising Iran’s domestic payment network, ranked business sectors in terms of retail transactions and the average value of transactions. It...
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March 12,2023Tehran Stock Exchange's main index, TEDPIX, lost 33,542.46 points or 1.85% on Sunday to end at 1,783,197. The TSE equal-weighted index tumbled 1.75%. About 12.65 billion shares worth 85.35...
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March 12,2023Iran and Iraq are holding talks for the release of blocked Iranian assets in the Arab country. According to Yahya Al-e Es’haq, head of the Iran-Iraq Joint Chamber of Commerce, the ongoing talks so...
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March 12,2023Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar was quoted at 425,000 rials on Sunday in the open market, down 3.19% from the previous day's close...
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March 12,2023Iran Energy Exchange launched a new financial instrument on Sunday enabling investors to buy securities with crude oil and gas condensates as underlying assets. “The so-called oil-backed...
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March 11,2023Government bonds were bought this week again by institutional investors as banks and credit institutions kept their distance. Bond auctions are held by the Central Bank of Iran on behalf of the...
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March 11,2023An estimated 3.74 billion retail transactions were logged by the domestic electronic payment network Shaparak in the eleventh month of the calendar year to Feb 22. Overall business via the major...
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March 11,2023Tehran Stock Exchange's main index, TEDPIX, lost 872.45 points or 0.05% on Saturday to end at 1,816,739.77. The TSE equal-weighted index gained 0.66%. About 17.44 billion shares worth 123.08...
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March 06,2023Since the beginning of the calendar year last March banks gave 1,650 trillion rials ($3.14 billion) loans to 1.889 million low-income applicants largely for youth marriage, childbirth and to those...
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March 06,2023Head of the Majlis Economic Commission has called on the Central Bank of Iran to end the “traditional ways to control the currency market” and adopt a leading role in the market. "The government...
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March 06,2023Tehran Stock Exchange's main index, TEDPIX, lost 10,285.44 points or 0.57% on Monday to end at 1,785,669.75 but the TSE equal-weighted index gained 0.13%. About 11.65 billion shares worth 75.5...
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