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 29, 2023 20:09
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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... -
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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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 05,2023Tehran Stock Exchange's main index, TEDPIX, gained 7,741.18 points or 0.43% on Sunday to end at 1,795,955.23. The TSE equal-weighted index was up 0.86%. About 12.24 billion shares worth 76.01...
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March 05,2023The Central Insurance company of Iran (CII), the regulator of the industry, says it plans to create a special fund to help fund innovation. "CII will continue to support the use of advanced...
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March 05,2023The Security and Exchange Organization of Iran says it has received requests for launching sector funds in recent months, some of which are expected to be licensed soon. "As per regulations,...
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March 05,2023Net earnings of eight state-owned banks and the Central Bank of Iran has been forecast at 3,247.7 trillion rials ($6.186 billion) in the March 2023-24 draft budget. This is 40% higher on the 2,314...
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March 05,2023The Central Bank of Iran said it has allowed all authorized moneychangers to buy the export income of mining and petrochemical companies, the secretary of the Iran Exchange Bureaus’ Association...
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March 05,2023Tehran Stock Exchange's main index, TEDPIX, lost 33,562.5 points or 1.84% on Saturday to end at 1,788,209.18. The TSE equal-weighted index was down 0.91%. About 13.66 billion shares worth 90.53...
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March 04,2023Iran Privatization Organization will sell the government's shares in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company (PGPIC). A notice seen on the IPO...
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March 03,2023State-owned Bank Sepah will offer 17% of its shares in Omid Investment Management Group, the bank’s investment arm, in the stock market on Saturday The move comes after the Central Bank of Iran...
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March 03,2023Paving the way for the entry of knowledge-based companies, increasing the share of capital market in financing economic sectors and increasing the number of real estate investment funds are among...
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March 03,2023Government bonds were bought this week by banks, credit institutions and institutional investors. Bond auctions are held by the Central Bank of Iran on behalf of the Economy Ministry to raise...
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March 01,2023Head of the Bank of Russia Elvira Nabiullina is due to visit Iran, ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday. "The chairman of Bank of Russia is expected to Iran...
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March 01,2023Tehran Stock Exchange's main index, TEDPIX, lost 16,348.23 points or 0.89% on Wednesday to end at 1,821,771.06 and the TSE equal-weighted index dipped 0.17%. About 16.75 billion shares worth 102....
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March 01,2023Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar traded at 525,000 rials on Wednesday in the open market down 2.4% on the previous day. The euro...
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March 01,2023The government can raise up to 2,000 trillion rials ($4.65 billion) from bonds based on the proposed 2023-24 budget. Lawmakers this week approved the cap for government debt. Bonds are largely...
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March 01,2023The Central Bank of Iran said $2 billion was supplied to the market via the newly-created Iran Center of Exchange (ICE) in the first week of its operation. From the total forex offered via the...
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March 01,2023Tehran Stock Exchange's main index, TEDPIX, gained 29,046.47 points or 1.61% on Tuesday to end at 1,838,119.40. The TSE equal-weighted index was up 0.81%. About 18.79 billion shares worth 105.9...
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February 27,2023Tehran Stock Exchange's main index, TEDPIX, gained 4,774.18 points or 0.26% on Monday to end at 1,809,073.81 but the TSE equal-weighted index lost 0.36%. About 21.56 billion shares worth 122.84...
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February 27,2023The Majlis Research Center has proposed amendments to rules to help ease the sale of excess assets of state-owned banks. In a report seen on the MRC website, the influential body suggested that...
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February 27,2023The ‘Council for Coordination of the Three Branches of Power’ has decided to delegate more authority to the Central Bank of Iran to enable it prop up the rial and stabilize the chaotic forex market...
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February 26,2023Tehran Stock Exchange's main index, TEDPIX, gained 65,517.30 points or 3.77% on Sunday to end at 1,804,299.04 while the TSE equal-weighted index added 2.04%. About 26.8 billion shares worth 156.66...
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February 26,2023Trade via exchange-traded funds at Iran Fara Bourse (IFB) reached 85,403 trillion rials ($170.8 billion) in the first eleven months (ended Feb. 22) of the calendar year -- 146% higher on the same...
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February 26,2023Interbank rates continued to climb last week reaching the highest level in seven years. According to EcoIran Web TV, rates posted 0.75% growth during the week to February 23, to reach 23%. ...
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