Tuesday, September 17, 2019 04:46


Inflation down but cheap oil may halt decline in inflation

Iran’s Central bank reported that inflation rate in the country fell to 16.3 percent in the first month of winter, which represents a decline of 22 percentage points compared to last winter. » read more

Unlicensed financial activities criticized

The head of Iran’s Chamber of Commerce, Industry, Mining and Agriculture has criticized the growing number of unlicensed finance and credit companies in the country. In a report on Thursday July 31, IRNA quoted Ghoamhossein Shafei saying one of the chief problems for the economy is the lack of clear financial communication and the rise of unlicensed financial companies. » read more

Iranian president signals eagerness to attract foreign investment

Iranian President Hassan Rohani told a meeting of ambassadors and foreign political representatives in Tehran that Iran is prepared to finalize the talks with 5+1 and welcome foreign investment from international companies. » read more