Iran Economy in Brief – No. 20
Mines in Iran: Rich but not developed Iran has vast resources of mineral, both in variety and volume: There are 69 variety of minerals in Iran and the overall resources are estimated to contain 57 […]
Mines in Iran: Rich but not developed Iran has vast resources of mineral, both in variety and volume: There are 69 variety of minerals in Iran and the overall resources are estimated to contain 57 […]
There is perhaps no entrepreneurship story without up and downs. Just when Gianmarco was planning next milestones for his successful startup, problems in the team unexpectedly changed everything in his both business and personal life. […]
India in Port of Chabahar “Indian companies are going to invest up to $20 billion in the petrochemical sector of Iran”, said Mr. Pradhan, Minister of Petroleum and Natural Gas of India, on Saturday in […]
More Domestic Medicine; Less Imported Medicine “Import of those medicine which are produced domestically in Iran, will be limited”, says Dr. Dinarvand, Head of Food and Drug Organisation of Iran. He announces that by the end […]
Rent Bonds: New Governmental Bonds in Iran First series of Islamic Treasury bonds, worth $330 million, was bought back this week to register a positive record for the Government. The first series of ITB was […]
Fragile Low Inflation Rate? Increase in money supply would increase inflation rate. In Iran, however, the trend seems to be different. Inflation rate reached 12.6% in January 2016, from 40.2% in September 2013. While money […]
55 years Iran Air (HOMA) Last week HOMA (National Airline of Iran) celebrated its 55 years birthday. “From 2011 to 2014 Iranians have spent about $12 billion on foreign airliners. This year, spending has been […]
Banking System Needs Reform Although it seems normal that when inflation decreases, so does interest rate, but so far reality in Iran has been quite different. “With a great effort, today interbank rate has been […]
Challenges in Iranian Steel Industry Iran plans to increase its steel production from 17 million tons in 2015 to 55 million tons in 2025. Although the country is proud of cheap energy and a plentiful […]
Which Exchange Rate to be chosen? There are two different exchange rates in Iran: Governmental rate, where 1 USD is equivalent to 30180 IRR and Market rate, where 1 USD is 35613. This 18% difference […]
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