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 Ayandegan Financial Development Group Company, representing 5% of its stakes…
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 Ayandegan Financial Development Group Company, representing 5% of its stakes.
It is expected to generate 2.8 trillion...
A federal appeals court granted a temporary halt in the US prosecution of Turkish lender Halkbank over sanctions violation charges while it weighs other requests by the bank.
Halkbank had previously sought to pursue a dismissal of the case without e…
A federal appeals court granted a temporary halt in the US prosecution of Turkish lender Halkbank over sanctions violation charges while it weighs other requests by the bank.
Halkbank had previously sought to pursue a dismissal of the case without entering a plea on the charges. A judge denied...
Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.
Securities mature in one year and can be traded in put and call option contracts. The…
Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.
Securities mature in one year and can be traded in put and call option contracts. The interest rate for put option is 18.5% and for...
Exactly one year ago the foreign ministers of France, Germany and the UK created the so-called Instrument for Supporting Trade Exchanges (INSTEX) to facilitate legitimate trade with Iran without violating the US economic sanctions. Since then absolu…
Exactly one year ago the foreign ministers of France, Germany and the UK created the so-called Instrument for Supporting Trade Exchanges (INSTEX) to facilitate legitimate trade with Iran without violating the US economic sanctions. Since then absolutely nothing has happened.
The purpose of the...
Tehran Stock Exchange benchmark, TEDPIX, rose from 178,659 points at the beginning of the Iranian fiscal year (ends in March) to reach 427,139 as of January 28, indicating 248,480 points or 139.08% growth during the period.
A total of 889.71 billion…
Tehran Stock Exchange benchmark, TEDPIX, rose from 178,659 points at the beginning of the Iranian fiscal year (ends in March) to reach 427,139 as of January 28, indicating 248,480 points or 139.08% growth during the period.
A total of 889.71 billion shares and securities worth 3,579.49 trillion...
The governor of the Central Bank of Iran said Switzerland’s payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank transactions.
“The humanitarian cargo was traded as per the Swiss …
The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank transactions.
"The humanitarian cargo was traded as per the Swiss government's request. Nearly $2.5 million of...
Isfahan Zinc Smelting Company plans to offer 10% of its shares on Iran Fara Bourse, the over-the-counter stock market, in an initial public offering on Tuesday.
The offer includes 60 million shares of the company and investors are required to plac…
Isfahan Zinc Smelting Company plans to offer 10% of its shares on Iran Fara Bourse, the over-the-counter stock market, in an initial public offering on Tuesday.
The offer includes 60 million shares of the company and investors are required to place orders on prices ranging from 13,700 to 14,...
The Central of Iran in a directive has ordered banks and credit institutions to send it the names of the checkbook holders who have had more than 20 bounced checks times.
As per the order, lenders are required to report the names of issuers of bad …
The Central of Iran in a directive has ordered banks and credit institutions to send it the names of the checkbook holders who have had more than 20 bounced checks times.
As per the order, lenders are required to report the names of issuers of bad checks every six months, once at the end of the...
The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were traded between the Central Bank of Iran and a bank in need of liquidity, an Iran Fara Bourse official said.
The transact…
The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were traded between the Central Bank of Iran and a bank in need of liquidity, an Iran Fara Bourse official said.
The transactions were conducted on the platform of the IFB...
Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion.
According to a notice on the Central Bank of Iran website on Wednesday, the plainti…
Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion.
According to a notice on the Central Bank of Iran website on Wednesday, the plaintiffs are families of the victims of attacks on...