Week in Brief

Week in Brief 31.08.2018

5000 bicycles are now available for renting in four districts of Tehran downtown, encouraging residents to ride green. Bike-sharing is relatively new in Tehran. Previously, Tehran Municipality offered free of charge renting bikes next to […]

Markets in Brief

Markets in Brief 31.08.2018

Crowdfunding opens its way in the Iranian capital market. Iran Farabourse, over-the-counter market, has announced the regulations for startups wishing to attract investments through its crowdfunding platform. Although Farabourse will supervise the funding procedures, however, […]

Banking

The Minister of Economy was impeached

Iran Minister of Economy was removed from office. On Sunday, Masoud Karbasian, the Minister of Economy was impeached in the parliament. After answering the questions, he failed to receive a vote of confidence and was […]

Markets in Brief

Markets in Brief 23.08.2018

Automakers and auto-part manufacturers are entitled to purchase foreign currencies at the lower exchange rate, i.e. one US dollar for 42000 rials, to import their goods. The confirmation of the news by the government pushed […]