EghtesadOnline: Privately owned Bank Pasargad is poised to increase its investment in startups and knowledge-based firms through its venture capital fund named Shenasa.
EghtesadOnline: Tehran Stock Exchange’s main index gained 2,368.52 points or 2.22% on Wednesday to end trading at 108,872.6.
EghtesadOnline: Seventy days after the government decided to unify the US dollar's exchange rate at 42,000 rials and assure importers that all hard currency needs would be fulfilled at that rate, it is abandoning those promises in favor of a more restricted list eligible to receive foreign exchange at that cheap rate.
EghtesadOnline: Tehran's stock market bulls continued to lift up equities in a dramatic Tuesday trade that saw indices break even more records after showing signs of sinking in early trade.
EghtesadOnline: Tehran stocks showed no signs of backing down on their rally, as they further extended their historic high on Monday.
EghtesadOnline: The government has curbed the allocation of foreign currency for the import of some commodities and appears set to launch a revised currency policy, Mehr News Agency cited an unnamed bank official as saying.
EghtesadOnline: Bulls are on parade in Tehran's equity market, and they are not backing down. They followed up on the previous trading day's record-breaking gain by soaring even higher on Sunday.
EghtesadOnline: Despite several schemes by the Central Bank of Iran to satisfy the supply side, the gold coin rally has come a long way since the early days of the current fiscal year (started March 21).
EghtesadOnline: The Central Bank of Iran is preparing the gold market to issue bond certificates for the pre-purchase of gold coins in the capital market, the secretary-general of the monetary regulator has announced.
EghtesadOnline: Tehran stocks had one of their best weeks to date with spiking growth in every single index, all due to a meteoric rise in Wednesday trade.