Industries

Iran lifts import tax on tea

Ghanoon reports on the tax exemptions for tea importers which has angered domestic tea producers. Approximately, 100 thousand tons of tea is exported into the country annually of which nearly 30 thousand tans is smuggled […]

National News Review

Relative of politicians will not be hired

Etemad called the order by the Minister of Labor and Social Welfare as a turning point in improving organizational structures in Iran. In a directive, the Minister of Labor and Social Welfare, Ali Rabiei has […]

Financial Sector

USSD codes use to be stopped

While the infrastructure for money transfer with USSD codes were quickly developing, the Central Bank has announced that until such time that operators can guarantee the security of these services, the use by customers should […]

Energy

Obstacles in the oil industry

Domestic and international opposition, blocking branding of gas stations and lack of hiring of elite specialists in the oil industry are the reasons that the Ministry of Oil has stated for the lack of development […]

National News Review

20 thousands deaths due to air pollution

Shahrvand writes that the annual use of 55 million cigarettes causes 57 thousand related deaths. Alireza Reisi, Deputy Minister of Health, said that the low retail tax on cigarettes cost the country’s healthcare system 200 […]

Banking

Refueling? Take cash with you

Ebtekar reports that if you plan on visiting a gas station, you should carry cash. Since Shaparak Co., a Central Bank of Iran subsidary, who provides POS services (Point of Sales), has changed its payment […]

Banking

Chinese banks’ share acquired by Iranians

Akhbar Sannat newspaper quotes the Head of the Iran and China Chamber of Commerce, Asadollah Asgaroladi, announcing the Central Bank of China’s agreement and issuing of licenses for the Iranian private sector to purchase up […]

Financial Sector

Tehran Subway needs 2000 new cars

Line 7 of Tehran Metro which began operations in April, right before the presidential elections; ceased operations in November on orders from Tehran’s new Mayor due to incomplete safety systems. In an interview with Ali […]