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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.
Financial Tribune » Business & Markets
10M ago
Bakht-ur-Rahman Sharaft, the head of the Afghanistan Railway Authority, and a delegation from Iran signed a memorandum of understanding on Wednesday to expand collaboration in the rail sector. The MoU was inked in the western province of Herat, Afghanistan, Khama Press reported. The Afghanistan ..read more
Financial Tribune » Business & Markets
10M ago
The international money-laundering watchdog the Financial Action Task Force said Friday that it had made no changes in its blacklist, which for the moment includes three countries Iran, Myanmar and North Korea. The announcement came on the final day of the FATF plenary meeting in Paris. FATF ..read more
Financial Tribune » Business & Markets
11M ago
Tehran Stock Exchange suffered another negative week as indices fell. In the five trading days, TSE's overall index, TEDPIX, lost 106,000 points, or 4.65%. The equal-weighted index was down 4.54% or 35,000 points. Iran Fara Bourse main index, IFX, plunged 3.35% or 969 points. According to ..read more
Financial Tribune » Business & Markets
1y ago
Economy Minister Ehsan Khandouzi says Iran and China talked about increasing the share national currencies in two-way trade during President Ebrahim Raisi's visit last week to Beijing. "The yuan already accounts for a considerable part of trade between the two sides. However, the process of ..read more
Financial Tribune » Business & Markets
1y ago
The Organization for Collection and Sale of State-Owned Property says it has returned a part of seized cryptomining equipment to their owners after it was obliged to do so by the courts. "Currently some 150,000 cryptomining equipment are held by the OCSSOP, a large part of which will be ..read more
Financial Tribune » Business & Markets
1y ago
Reza Farzin, director of Bank Melli Iran, was appointed Thursday as governor of the Central Bank of Iran. He replaces Ali Salehabadi who as the helm for over a year during which the national currency plunged to record lows. Farzin is a former head of the National Development Fund of Iran and is ..read more
Financial Tribune » Business & Markets
1y ago
Tehran’s share market wrapped up the week on Wednesday up almost 10%. Tehran Stock Exchange main index, TEDPIX, lost nearly 151,000 points or 10.09% in the week to end at 1,647,314.5. Trading at TSE starts on Saturday and ends Wednesday. The TSE’s equal-weighted index was up 35,000 points or 7 ..read more
Financial Tribune » Business & Markets
1y ago
The Central Bank of Iran said it has raised the ceiling for the amount of local currency local residents and foreigners can hold when leaving and entering the country to 50 million rials (around $115). Prior to this both locals and foreigners could only carry 5 million rials (around $11) when ..read more
Financial Tribune » Business & Markets
1y ago
The latest International Debt Report by the World Bank Group shows Iran's foreign debt was $10.349 billion by the end of 2021. This was noticeably higher compared to the year before when the debt was $5.433 billion. Iran’s long-term foreign debt reached $1.06 billion at the end of last year ..read more
Financial Tribune » Business & Markets
1y ago
The latest International Debt Report by the World Bank Group shows Iran's foreign debt was $10.349 billion by the end of 2021. This was noticeably higher compared to the year before when the debt was $5.433 billion. Iran’s long-term foreign debt reached $1.06 billion at the end of last year ..read more