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Iranian Government Encourages Companies and Individuals to Invest in Tehran Stock Exchange

According to local media reports, Iran’s new government is planning to encourage individuals and companies to invest in Tehran Stock Exchange rather than spending their hard-earned money in risky markets. In recent years, a number of local companies and organizations have invested large amounts of money in foreign currency exchange and gold markets. Over the past few years, fluctuations in mentioned markets ...

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Jamshid Sarabani: Iran Needs to Buy Modern and New Aircrafts

Over the past few years, the Iranian government in partnership with local tour operators has launched several projects to increase the number of tourists visiting the country. The government announced that the number of tourists has increased by over 14% during the recent Persian year. Although tour operators believe that most tourists visit the country for religious purposes, economists say Iran has enough ...

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Economists Ask the Government to Support Iran’s Automotive Industry

According to statistics released on Thursday by Iran Customs Administration, car exports have dropped by over 98% during the first quarter of new Persian year (started on March 21). Hojjat Zareri, an Iranian economist, says the local government should support Iran’s car manufacturers in order to save the country’s automotive industry. “Currently, car manufacturers in Iran cannot import necessary parts and r ...

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Hassan Kamrani: Iranian Businessmen Should Focus on Afghan Markets

Hassan Kamrani, an Iranian economist and scholar, says Afghan markets are great opportunities to take advantage of for Iranian businessmen. Over the past few years, Iranian traders have lost their international markets due to economic sanctions on Iran. “The conditions of Afghanistan have improved in recent years. The national currency of this country has gained interest against Iranian Rial. Currently, Pak ...

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Mahmoud Bahmani: Political Issues Affect Foreign Currency Exchange Rates in Iran

Mahmoud Bahmani, the Governor of Central Bank of Iran, says CBI had performed very well in controlling the foreign currency exchange rates in the country, but other problems have inflated rates in Iran. Talking to a group of reporters on Tuesday, Bahmani said: “Central Bank of Iran is responsible for controlling the inflation rate and regulating banking rules in the country. Although this governmental organ ...

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Central Bank of Iran Tightens Capital Rules for Currency Exchangers

Central Bank of Iran announced on Monday that foreign currency exchangers need to increase their capitals and bonds by over five times in order to continue operations. Morteza Sattak, Deputy Governor of Central Bank of Iran, says this decision has been made according to feedbacks received from economists and analysts. “During the recent months, we have held several sessions and meetings with top economists ...

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Studies Highlight Key Role of Small and Medium Enterprises in Iran’s Economy

During the recent years, small and medium-sized businesses managed to create a remarkable number of new jobs for Iranians. Although the Iranian government has not fully supported independent businessmen investing in this sector, small and medium enterprises have made extraordinary progresses. Deputy Minister of Economy and Finance Davood Manzoor said on Sunday that Iranian government should support small an ...

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Ruhollah Beigi: Iran Needs to Find More Buyers for Crude Oil

Ruhollah Beigi, a Member of Parliament's economy committee, says Iran needs to find more buyers and prospects for its petrochemical products, especially crude oil. Iran’s exports of crude oil to other countries have decreased by over 50% as a result of international embargoes on Islamic Republic’s economy over the blatant nuclear case. “The revenues made by exporting crude oil are always important for the e ...

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Iran’s Ministry of Labor to Finance Women Entrepreneurs

According to unofficial sources, unemployment rate in Iran is estimated more than 20%. This rate is even worse in different provinces, and the Iranian government has failed to create enough job opportunities for youths and students. Over the past few years, a number of start-ups and privately-held companies have done well in creating jobs for unemployed people. At the same time, the government has not suppo ...

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Iranian Businessmen Face Difficulties Exporting Products and Goods

Abbas Ali Noora, the former Member of Iran's Parliament, says Iranian businessmen and companies cannot export their goods and products to other countries like before. As Iranian Rial has lost its value against foreign currencies, many believe that exporters can take advantage of this condition. “Over the past few years, Iranian exporters have experienced many troubles in selling their goods and products to ...

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