Germany urges an independent payment channel to Iran

It is almost clear: without a proper international payment channel to Iran, the nuclear deal cannot be saved. The German Foreign Minister, Heiko Maas, urges creating such channel between Europe and Iran, independent of the […]

Financial Sector

Devaluation of Lira may benefit Iran

The devaluation of the Turkish lira may benefit Iran. The Head of the Iran and Turkey Chamber of Commerce, Reza Kami believes that in order to give a definite answer, we need to wait for […]

National News Review

Hapag-Lloyd increases shipping cost to Persian Gulf

Shargh daily reports that German shipping company, Hapag-Lloyd intends to increase shipping cost to Persian Gulf. The shipping cost of each TEU (20 ft. container) from the Far East to the Persian Gulf is estimated to […]

Financial Sector

Incentives to make the stock market more attractive

The Minister of Economy presented solutions for making the stock market more attractive and attracting liquidity throughout the country. The latest reports from the Central Bank indicate that by March 2018, liquidity had grown by […]


Week in Brief 06.07.2018

The Central Bank of Iran has released a list of businesses which have received US dollars at the 42000 IRR per USD currency exchange rate. The list was published after numerous companies received foreign currency […]

Financial Sector

Indian Investments in Chabahar Port Will Continue

In order to persuade India to stop buying oil from Iran, the US has reached an agreement allowing India to invest in Iran’s Chabahar port project. At the same time, China has leased Pakistan’s Gwadar […]

National News Review

Iran bans import of thousands of goods

The Central Bank and the Ministry of Industry have update the list of banned imports to Iran. The new list finds 1139 times. The new decision is based on the government policy of only issuing […]

National News Review

Tehran Grand Bazar closes after 50 years

Tehran grand bazaar closes after nearly 50 years. The shopkeepers of Tehran grand bazaar closed down shops on Monday morning in protest. The protest which started at the grand bazaar soon spread to nearby neighborhoods. […]


Russian Ride Sharing Company on Iranian Roads

Shahrvand daily writes that the success of Iranian ride sharing services such as Snapp and Tap30 in various cities has opened the door for foreign companies. Maxim which is a Russian ride sharing company has been […]