Financial Sector

Hotels asking foreigners to pay in USD or Euro

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 […]

Financial Sector

Pension Fund of Iran forecasts salary increase

Pension Fund of Iran forecasts an increase of 120 million rials increase in annual salary of pensioners for the next Iranian year, 1398. To reach this point, the Fund has asked the government to submit […]

National News Review

Ride-hailing apps to be banned from Imam Khomeini Airport

Snapp and Tap30, the two major ride-hailing companies in Iran, can not longer provide services to passengers from Imam Khomeini Airport. The Managing Director of Imam Khomeini Airport (IKA), Shahram Adamnejad, announced that after negotiations with […]

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 […]