EghtesadOnline: The National Development Fund of Iran gave 880 trillion rials ($3.2 billion) in loans in the first seven months of current fiscal year (March 20-Oct.21), the managing director of the sovereign wealth fund said.
EghtesadOnline: Manufacturing enterprises and companies as well as producers of raw materials, including pharmaceuticals, who don’t have the ability to pay customs duties, can now enjoy special customs clearance facilities.
EghtesadOnline: Net income of listed companies in Iran’s capital market increased by almost 140% in the previous fiscal year that ended in March compared to the year earlier.
EghtesadOnline: In three years from April 2018 to March 2021, an estimated 24,000 Iranian export companies returned their foreign earnings.
EghtesadOnline: The Securities and Exchange Organization, the Iranian stock market regulator, has instructed listed companies to designate market makers or else they could be ejected from the market.
EghtesadOnline: Stocks in major listed companies closed Sunday’s session under heavy sell-off pressure amid mounting uncertainty among investors about what lies ahead.
EghtesadOnline: Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.
EghtesadOnline: Oil prices rose on Monday as a tropical storm in the Gulf of Mexico forced companies to evacuate rigs and halt production, but gains were kept in check by wider concerns about excess supply and falling fuel demand.
EghtesadOnline: The CEO of Securities and Exchange Organization says 140 companies are in the listing process to join the Tehran Stock Exchange and Iran Fara Bourse, the junior equity market.
EghtesadOnline: Approximately 1,045.4 trillion rials ($4.75 billion) were made available to companies via Iran’s capital market in the first quarter of the current fiscal year (March 20-June 20).