One of the ever-lasting topics in the Iranian automotive industry, is the huge debts of automakers towards auto-part manufacturers. Since these debts have been accumulated for a long time, auto-part makers claim an interest on […]
Iran and Russia want to collaborate in creating a block-chain-based money transfer system. A system which the Central Bank of Iran says can be a replacement for SWIFT. Last week, SWIFT announced that it will […]
The 8th Iranian month, Aban, has proved to be the worst for Tehran Stock Exchange (TSE) over the past four years. Despite flourishing market last summer, during the last month the market main index, TEDPIX […]
Iran has lost the largest market for its handwoven carpets due to long-term sanctions. Razi Haj-Aqa-Miri, Head of Export Union of Tehran Chamber of Commerce, says that since the revolution Iran has lost American market […]
Recently Iranian hotels apply a two-currency policy for their bookings; i.e. the Iranian travelers pay in rial, while the foreigners are asked to pay in dollar or euro. Hotel owners claim that following fluctuations in […]
Although this week SWIFT announced to have cut access of Iranian banks to its systems, including Iran Central Bank, later the US Treasury Office announced that four Iranian banks have been exempted from sanctions. […]
Despite the return of US sanctions on Iran, importing soy pressed cake and oilseeds has increased to Iran. The main reason is the trade war between the US and China. According to Animal Food Producer […]
Since the return of US sanctions, some Iranian airlines had difficulties to refuel in Turkey and some international airport in this country have refused to refuel Iranian aircrafts. Taadol newspaper reports that now the trend […]
The recent financial reports of 18 banks in Iran, show that the performance of some small, private banks has been superior to the state-owned larger banks. Out of the 36 banks and financial institutions in […]
Central Union of Animal Farmers (CUAF) of Iran declines any shortage in milk production, claiming an annual growth of 8 percent in industrial milk production. Over the past few weeks, supply of milk to supermarkets […]
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