Banking

Week in Brief 16.02.2018

Devaluation of Iranian Rial and the fluctuations in Forex market have become the daily, even hourly, topic. On Tuesday, the Police stopped some foreign currencies’ speculators. The Central Bank of Iran said that every evening […]

Industries

Markets in Brief 09.02.2018

Tehran Stock Exchange (TSE) started the week with 0.8 percent decline in its overall index, TEPIX. However, TEPIX recovered part of its fall over the week to closed at 98,300 points on Wednesday. Social Security […]

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 […]

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 […]

Financial Sector

France provides credit line for exporters to Iran

France opens a credit line for Iranian clients of French exporters, report Reuters. The line will avoid US dollar and any US passport holder, confirms the state-owned investment bank, Bpifrance. Credits will be available in […]

Banking

Week in Brief 02.02.2018

It was a surprise that for the first time after the Islamic Revolution, the parliament rejected next year’s budget bill. A number of representatives have said that the unfair allocation of budget to cities is […]

Markets in Brief

Markets in Brief 02.02.2018

This week Tehran Stock Exchange (TSE) became 50 years-old. TSE began operations in 1965 with two symbols being traded. Today, the market value of more than 588 traded symbols is approximately 108 billion dollars equal […]