EghtesadOnline: The Securities and Exchange Organization, the stock market regulator, announced new caps for investment funds operating in the stock market.
EghtesadOnline: The Central Bank of Iran has agreed to increase the investment ceiling for bank-affiliated investment companies in the share market, a move seen as another push to lift the sagging stock market.
EghtesadOnline: Tehran stocks took an unexpected drubbing Monday following reports that the government had a change of heart and was suspending share offers in four refineries via exchange-traded funds.
EghtesadOnline: The Central Bank of Iran said it will implement more aspects of open market operation that involves regulating the borrowing of lenders from the CBI by obliging them to put up enough collateral when seeking funds.
EghtesadOnline: Iran’s stock market made funds available for businesses to the tune of 1,290 trillion rials ($9.9 billion) in the first nine months (March 20- Dec 21) of current fiscal year, the Tehran Chamber of Commerce, Industries, Mines and Agriculture said.
EghtesadOnline: Minister of Roads and Urban Development Mohammad Eslami says flooding has inflicted damages on roads, bridges and waterways of the southeastern Sistan-Baluchestan Province worth 7,000 billion rials ($53 million).
EghtesadOnline: The Ministry of Industries, Mining, and Trade is planning a bigger role for the stock market in funding the industrial sector, the Minister said.
EghtesadOnline: Amid the looming return of desert locusts, First Vice President Es’haq Jahangiri has called on Interior Minister Abdolreza Rahmani Fazli and the head of Plan and Budget Organization, Mohammad Baqer Nobakht, to provide the required funding to fight the pest.
EghtesadOnline: Iran National Innovation Fund has allocated 110 billion rials ($900,000) to knowledge-based companies active in North Khorasan Province in the current Iranian year (started March 21).
EghtesadOnline: Lawmakers discussed a bill about financial and administrative regulations for the Education Ministry and voted to allocate one percent of revenues earned by state-owned banks and firms as well as affiliated for-profit institutions to help promote educational equity, improve teachers’ livelihood, increase spending for education and reimburse teachers' overdue payments.