Iran business and markets news

May 14,2023 The Securities and Exchange Organization of Iran, the regulatory body of the capital market, on Saturday announced new measures to help prop up the stock market following successive declines in the… May 14,2023 The new system for e-payment transaction fees has been well received […]

  • SEO Moves to Lift Market

    SEO Moves to Lift Market



    May 14,2023


    The Securities and Exchange Organization of Iran, the regulatory body of the capital market, on Saturday announced new measures to help prop up the stock market following successive declines in the…

  • Reforming Fee System Can Help Banks Grow

    Reforming Fee System Can Help Banks Grow



    May 14,2023


    The new system for e-payment transaction fees has been well received by academia and experts who say it can help banks grow and develop much-needed modern infrastructure.
    Albert Boghazian, an…

  • Listed Industrial Firms  Grow 5.8%, MBRI Says

    Listed Industrial Firms  Grow 5.8%, MBRI Says



    May 14,2023


    The Monetary and Banking Research Institute (MBRI) said the output of listed manufacturing companies has increased. In a report it reviewed the monthly performance of 280 companies in the Tehran…

  • Economy Minister and IsDB Chief Discuss Boosting Ties

    Economy Minister and IsDB Chief Discuss Boosting Ties



    May 13,2023


    As a major shareholder of the Islamic Development Bank (IsDB), Iran is looking at new ways to contribute to increasing the bank’s capital, Economy Minister Ehsan Khandouzi told the IsDB Chairman…

  • Businesses Want Meaningful CBI Resolutions to Problems

    Businesses Want Meaningful CBI Resolutions to Problems



    May 13,2023


    Producers, exporters, and importers met with governor of the Central Bank of Iran, Mohammad Reza Farzin.
    During the meeting, business owners expressed disappointment with the excessive fees bank-…

  • Tehran Stocks Get a New Drubbing

    Tehran Stocks Get a New Drubbing



    May 13,2023


    Tehran Stock Exchange’s main index, TEDPIX, lost 63,689.43 points or 2.80% on Saturday to end at 2,214,024.27 and the TSE equal-weighted index plunged 3.91%.
    About 19.38 billion shares worth 129.4…

  • Use of Debit Cards Down 5%

    Use of Debit Cards Down 5%



    May 12,2023


    Data released by Shaparak, the company in charge of supervising the domestic e-payment network, show more than 143.5 million bank cards were used at least once during the first month of the current…

  • New Measure to Fast-Track Foreign Currency Allocations

    New Measure to Fast-Track Foreign Currency Allocations



    May 12,2023


    Mohammad Reza Farzin, the Governor of the Central Bank of Iran, said the CBI has started buying and selling currencies directly, to help accelerate the process of currency allocation. 
    In a…

  • Tehran Stock Exchange Falls 235,000 Points in 1 Week

    Tehran Stock Exchange Falls 235,000 Points in 1 Week



    May 12,2023


    In a week marked by intense market turbulence, the Tehran Stock Exchange experienced a dramatic and historic decline, with the overall index plummeting over 235,000 points. 

  • CBI Chief and Omani Minister Discuss Trade in Nat’l Currencies

    CBI Chief and Omani Minister Discuss Trade in Nat’l Currencies



    May 12,2023


    The Central Bank of Iran reiterated its policy to reduce reliance on the US dollar in the domestic economy and trade with the outside world.
    In a meeting in Tehran with Qais bin Mohammed Al Yousef…

  • Shares Drift Lower 

    Shares Drift Lower 



    May 12,2023


    Tehran Stock Exchange’s main index, TEDPIX, lost 28,124.30 points or 1.22% on Wednesday to end at 2,277,713.14. The TSE equal-weighted index was down 2.24%.
    About 20.83 billion shares worth 150.33…

  • $6 Billion Made Available for Basic Imports in Two Months 

    $6 Billion Made Available for Basic Imports in Two Months 



    May 12,2023


    The Iran Center of Exchange (ICE) allocated nearly $6 billion in the past two months for basic imports, Masoud Tavakoli, the deputy of Iran Center of Exchange, said.
    “Subsidiaries of the Iranian…

  • Farzin Censures Exporters Skirting Forex Regulations

    Farzin Censures Exporters Skirting Forex Regulations



    May 09,2023


    Mohammad Reza Farzin, the governor of the Central Bank of Iran, has warned exporters who have failed to return their forex earnings and said a special committee set up at the CBI is investigating…

  • Gov’t Says Plans to Help Fund Half-Built Projects

    Gov’t Says Plans to Help Fund Half-Built Projects



    May 09,2023


    The government said it will help fund half-finished projects by offering them to the public via the stock market as project-based companies, Economy Minister Ehsan Khandouzi said. 
    “The government…

  • Tehran Stocks Hit, Again 

    Tehran Stocks Hit, Again 



    May 09,2023


    Tehran Stock Exchange’s main index, TEDPIX, lost another 8,570.26 points or 0.37% on Tuesday to end at 2,305,838.35. The TSE equal-weighted index dived 2.62%.
    About 26.53 billion shares worth 187….

  • Big Leap in E-Transactions

    Big Leap in E-Transactions



    May 08,2023


    An estimated 3.69 billion retail transactions were logged by the domestic electronic payment network Shaparak in the first month of the calendar year to April 21.
    It processed an estimated 11,688…

  • Tehran Shares in a Sea of Red

    Tehran Shares in a Sea of Red



    May 08,2023


    Tehran Stock Exchange’s main index, TEDPIX, lost 125,758.90 points or 5.15% on Monday to end at 2,314,408.37. The TSE equal-weighted index fell 4.40%.
    About 14.4 billion shares worth 115.24…

  • Insurance Market Is Poised For Rapid Growth: CII Data

    Insurance Market Is Poised For Rapid Growth: CII Data



    May 07,2023


    Iran’s insurance market reported decent growth in the last fiscal year (March 2022-23), with the total premium income reaching 1,754 trillion ($3.2 billion). 
    The y/y growth was 49.95%, according…

  • Shares Plunge

    Shares Plunge



    May 07,2023


    Tehran Stock Exchange’s main index, TEDPIX, lost 95,068.83 points or 3.75% on Sunday to end at 2,440,167.52. The TSE equal-weighted index plunged 3.45%.
    About 24.06 billion shares worth 182.84…

  • Banks Raise Fees

    Banks Raise Fees



    May 07,2023


    The Central Bank of Iran has told banks to raise fees for banking services in rial and electronic modes. It also unveiled a long-awaited fee model for transactions per which payment acquirers,…

  • Tehran Stocks Higher  

    Tehran Stocks Higher  



    May 07,2023


    Tehran Stock Exchange’s main index, TEDPIX, gained 20,562.49 points or 0.82% on Saturday to end at 2,535,236.56.The TSE equal-weighted index climbed 1.70%.
    About 26.7 billion shares worth 200.53…

  • Interbank Rates Lower 

    Interbank Rates Lower 



    May 07,2023


    Interbank rates declined 0.07% last week after rising for several weeks, Central Bank of Iran data said. 
    Rates reached the highest levels in seven years in the previous weeks, According to…

  • TSE to Launch Indigenized Trading System by Yearend

    TSE to Launch Indigenized Trading System by Yearend



    May 07,2023


    The CEO of Tehran Stock Exchange Technology Management Company said that a domestically-developed trading system is expected to make debut by the end of this fiscal year in March. However “the…

  • TSE Says to Launch First Project-Based Company

    TSE Says to Launch First Project-Based Company



    May 07,2023


    Tehran Stock Exchange is set to list the first project-based company, an official said. 
    “The TSE has been focusing on project-based companies to strengthen the primary market and attract…

  • Capital Market Seeks Bigger Share in Funding Small Private Companies

    Capital Market Seeks Bigger Share in Funding Small Private Companies



    May 05,2023


    Developing new tools and mechanisms to help private SMEs is among the main goals of the Securities and Exchange Organization, says the organization’s chief. 
    “The banking sector now accounts for a…

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    IP Desk Phone Market Size to Surpass $ 2,411.65 Mn by 2030,

    Tue May 16 , 2023
    New York, May 11, 2023 (GLOBE NEWSWIRE) — Global IP Desk Phone Market Size, Share & Trends Analysis, By Type (Video Desktop IP Phone and Common Desktop IP Phone), Connectivity (Wired, DECT, Wi-Fi, and Others), End-User (IT & Telecommunication, Healthcare, Government, Enterprise, and Others), and By Region, Forecast Period 2023 – […]
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