Business And Markets

The Financial Action Task Force commenced a week of meetings on Sunday to discuss major issues regarding money-laundering across continents.  The global watchdog announced on its website…

Tehran stocks made solid gains on Sunday climbing more than 2.3% amid demand for a wide range of large-cap stocks.   The main gauge of Tehran Stock Exchange, TEDPIX,  soared over…

The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels, in the capital city Tehran during the third quarter of the current Iranian year (Sept.…

The main index of Tehran Stock Exchange, TEDPIX, gained 2,908.82 points, or 0.63%, on Saturday to end trading at 461,988.4. About 6.23 billion shares valued at 39.26 trillion rials ($284.53…

Iran’s capital market is capable of financing half of the domestic oil projects, the CEO of Securities and Exchange Organizations said. The oil industry needs $30 billion in funding, Shapour…

Iran’s total external debt was $9.05 billion by the end of ninth calendar month (Dec. 21, 2019) of the current fiscal year, according to the Central Bank of Iran data.  The amount is a…

The employment rate in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) was at 39.6% (24.44 million), up 0.4% compared with the same quarter of last year, the Statistical…

Liquidity in Iran crossed 22,623 trillion rials ($165 billion,  calculated as per 137,000 rials to a dollar) at the end of the third Iranian quarter (Dec 21), the Central Bank of Iran…

Several Italian banks have closed or imposed restrictions on accounts held by Iranians citing the US sanctions, and in the process creating financial difficulties for those affected.

The main index of Tehran Stock Exchange, TEDPIX, rose 280,420 points, or 156.9%, since the beginning of the current fiscal year that ends in March until the end of last trading session on…

Head of the Export Guarantee Fund of Iran has criticized the poor performance of banks in supporting export-based companies, recalling that robust financial support for export companies is…

Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21.  Moneychangers in Tehran sold…

Tehran stocks rebounded from a short-lived correction and pared previous session’s losses at the close of trading week on Wednesday.   Standing at the all-time of high of 459,565…

The Iranian Privatization Organization sold a block of shares of Shiraz Oil Refining Company on Iran Fara Bourse, the over-the-counter stock market. The IPO move was made on behalf of the…

The Majlis Research Center says a new government plan to divest its assets in assorted companies via exchange-traded funds is not “privatization in the true sense”. 

Money put into the currency market yielded lower returns during the first nine months (March 20-Jan 20) of the current fiscal year compared to returns on investment in parallel markets. 

In the first three quarters of the current fiscal year that ends in March, average price of one Emami gold coin reached 44.097 million rials ($330), which was 32% higher compared to the same…

Iran Fara Bourse, the over-the-counter stock market, will host the initial public offering of an investment company on Monday.   The IPO includes 500 million shares of Mehr…

The Tehran Stock Exchange climbed 0.39% Sunday with its main gauge, TEDPIX, gaining 1,776.24 points to end trading session at 454,618.5. Commodity stocks were the key drivers of the Sunday’s…

Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.

Export Development Bank of Iran issued export guarantees worth $23 million from the beginning of the current fiscal year that ends in March.  Ali Saleh Abadi, the bank’s CEO, said Saturday…

Iran Insurance Company, the largest and the only state-owned insurance company in Iran, is planning to increase its capital to 110 trillion rials ($817 million) before the current fiscal year…

Tehran stocks rallied at the start of trading week on Saturday boosted by demand for refinery shares amid a sell-off in auto and telecom equities.  The main gauge of Tehran Stock Exchange…

The Central Bank of Iran is committed to fighting money laundering, speculative activities and unaccountable transactions, the CBI Governor Abdolnasser Hemmati said.  

Taxing shareholders’ income from capital gains and levying tax on bank deposit income is not on the agenda of tax authorities, head of the Iranian National Tax Administration said.