Bank loans to newlyweds climbed to 430 trillion rials ($1.7 billion) in the last fiscal year (March 2020-21), indicating 65% growth compared to the year before.
Loans went to 823,000 loan applicants, according to the Central Bank of Iran public rel…
Bank loans to newlyweds climbed to 430 trillion rials ($1.7 billion) in the last fiscal year (March 2020-21), indicating 65% growth compared to the year before.
Loans went to 823,000 loan applicants, according to the Central Bank of Iran public relations website.
Marriage loans are interest-...
The Energy Ministry is planning to promote renewable energy for mining cryptocurrencies.
“Allowing cryptominers to use power from renewable sources can help develop the renewables sector,” Mohammad Satkin, deputy minister of energy and managing dir…
The Energy Ministry is planning to promote renewable energy for mining cryptocurrencies.
"Allowing cryptominers to use power from renewable sources can help develop the renewables sector," Mohammad Satkin, deputy minister of energy and managing director of the Renewable Energy and Energy...
Bond sale in the final week of the current fiscal year hit a record and enabled the government to realize its goal to generate 1,250 trillion rials ($5 billion) by selling debt.
The government sold bonds worth 107.5 trillion rials ($430 million) d…
Bond sale in the final week of the current fiscal year hit a record and enabled the government to realize its goal to generate 1,250 trillion rials ($5 billion) by selling debt.
The government sold bonds worth 107.5 trillion rials ($430 million) during the latest auction held Tuesday by the...
Tehran stocks closed the last trading session in the outgoing fiscal year on Wednesday in positive territory extending a 9-day upbeat trend.
TEDPIX, the main index of Tehran Stock Exchange, was up 1.33% gaining 17,182 points to end trade at 1,307,6…
Tehran stocks closed the last trading session in the outgoing fiscal year on Wednesday in positive territory extending a 9-day upbeat trend.
TEDPIX, the main index of Tehran Stock Exchange, was up 1.33% gaining 17,182 points to end trade at 1,307,657.
The equal-weighted index gained 0.43%. The...
Banks and credit institutions paid 16,060.5 trillion rials ($64.2 billion) in loans to businesses in 11 months since the beginning of current fiscal year that ends on March 20.
The lending increased by 7,874.8 trillion rials ($31.4b) or 96.2% com…
Banks and credit institutions paid 16,060.5 trillion rials ($64.2 billion) in loans to businesses in 11 months since the beginning of current fiscal year that ends on March 20.
The lending increased by 7,874.8 trillion rials ($31.4b) or 96.2% compared to the same period last year, according...
The main index of Tehran Stock Exchange, TEDPIX, gained 9,026 points, or 0.72%, on Monday to end trading at 1,254,212.
About 7.88 billion shares worth 64.57 trillion rials ($269.07 million) changed hands at the TSE for the day.
Telecommunication Co…
The main index of Tehran Stock Exchange, TEDPIX, gained 9,026 points, or 0.72%, on Monday to end trading at 1,254,212.
About 7.88 billion shares worth 64.57 trillion rials ($269.07 million) changed hands at the TSE for the day.
Telecommunication Company of Iran contributed the most to the...
Gold prices in Tehran ended higher Monday while currency rates remained mostly unchanged.
The popular Emami gold coin experienced no change during the day and was traded at 107.5 million rials. This is while half Bahar Azadi coin shot up 3.03% reach…
Gold prices in Tehran ended higher Monday while currency rates remained mostly unchanged.
The popular Emami gold coin experienced no change during the day and was traded at 107.5 million rials. This is while half Bahar Azadi coin shot up 3.03% reaching 66 million rials.
A quarter Bahar Azadi...
Stock market regulators cancelled initial public offerings from two companies reportedly due to unfitting market conditions.
The companies were Rail Pardaz Industrial Group, a big private railroad company, and Sarmayeh Madar Management Services com…
Stock market regulators cancelled initial public offerings from two companies reportedly due to unfitting market conditions.
The companies were Rail Pardaz Industrial Group, a big private railroad company, and Sarmayeh Madar Management Services company, an investment arm affiliated to the state...
Expediency Council, the top body in charge of settling legislative disputes, has asked the government to provide it with documents to clarify ambiguities concerning requirements mandated by the Financial Action Task Force, the global anti-money laund…
Expediency Council, the top body in charge of settling legislative disputes, has asked the government to provide it with documents to clarify ambiguities concerning requirements mandated by the Financial Action Task Force, the global anti-money laundering watchdog.
Mohsen Rezaei, the council's...
After a brief hiatus, sell-side pressure resumed on Iran’s stock market at the close of trading week on Wednesday.
The main index of Tehran Stock Exchange, TEDPIX, shed 8,360 points and dropped 0.7% to close at 1,177,916.
About 3.95 billion share…
After a brief hiatus, sell-side pressure resumed on Iran's stock market at the close of trading week on Wednesday.
The main index of Tehran Stock Exchange, TEDPIX, shed 8,360 points and dropped 0.7% to close at 1,177,916.
About 3.95 billion shares valued at 44.82 trillion rials ($179.28...