Week in Brief

Week in Brief 12.10.2018

Finally, after four months, the Parliament approved to comply with financial terrorism acts, provided by Financial Action Task Force, known as FATF. The approval of these acts became extremely controversial and until the very last […]

Week in Brief

Week in Brief 05.10.2018

Probably in these days, there is nothing more important to Iranians than the exchange rate. Even school students talk about how much US dollar price goes up every day, or how unexpectedly it dropped! Finally, […]

Week in Brief

Week in Brief 21.09.2018

New foreign exchange rules have quite confused both exporters and importers in Iran. In order to keep the supply of foreign currencies in the country, the Central Bank of Iran has requested all exporters to […]

Week in Brief

Week in Brief 13.09.2018

With the return of the US sanctions against Iran, Europe activated the blocking regulations to support those European companies who wish to retain their business relation with Iranian partners. However, as it was already expected, […]

Week in Brief

Week in Brief 07.09.2018

Shortage in diapers was the hottest topic of the week. Several families rushed to supermarkets to buy their need for the next months, fearing that the diapers manufacturers will soon run out of production. There […]

Week in Brief

Week in Brief 31.08.2018

5000 bicycles are now available for renting in four districts of Tehran downtown, encouraging residents to ride green. Bike-sharing is relatively new in Tehran. Previously, Tehran Municipality offered free of charge renting bikes next to […]

Week in Brief

Week in Brief 24.08.2018

Three weeks ago the government implemented new policies in order to control the currency market. In simple terms, exporters can now sell their foreign currency to importers seeking to buy currency via the secondary market. […]

Week in Brief

Week in Brief 17.08.2018

A common occurrence when visiting the doctor is their refusal to accept any form of payment other than cash. Refusing debit cards which is on the rise has only one purpose: tax evasion. Ghanoon writes: […]

Week in Brief

Week in Brief 10.08.2018

On Monday the US government snapped back the sanctions on several industries in Iran, including the automotive industry, aerospace industry, precious metals, etc. A day before the return of sanctions, five new ATR aircrafts of […]

Week in Brief

Week in Brief 03.08.2018

The economy of Iran was witness to a number of events this week. The new Governor of the Central Bank, Nasser Hemati began work this week and Valiollah Seif handed over the position. Mr. Seif […]