President Hassan Rouhani has submitted his administration’s budget for the fiscal 2018-19 to the parliament.

As always, the budget is a mix of short- and long-term goals, with the latter…

Iran is a hotspot of earthquakes and several of them have devastated cities and villages during its millennia old history. Its last earthquake on the night of Nov. 12 has damaged the areas…

As the future of the Joint Comprehensive Plan of Action seems to be threatened by a hawkish administration in Washington DC, one has to take into account the simple economic facts.

…

If I were to advertise an opening for the mayor of a typical city in Iran, I would be writing “dynamic individual wanted, must have a deep understanding of public-private partnership, manage day…

The Federal Reserve Bank of Dallas has released its Energy Update report for July, predicting a further fall in West Texas Intermediate and natural gas prices.

Despite the price fall,…

Governments across the Middle East and North Africa region emphasize the significance of exports.

They all want to expand their markets and depart from their tradition of importing…

The new chief at the helm of Iran Air might not be the first woman to become the executive captain of a national flag carrier in the Middle East, but she is taking charge at a crucial moment as…

International oil prices increased following cuts in oil production in January, but the market has rigidly demonstrated that it remains too complex to be manipulated by just removing a limited…

The Cabinet approved a new model for oil contracts on Wednesday. Many hope that this new model would pave the way for foreign investment in Iran’s oil sector.

The question is whether…

As the nuclear agreement is being implemented new barriers have emerged and new challenges are addressed. However it is heartwarming to see Iran’s aviation sector keeps growing despite the…

The Iranian government has officially placed an order with Toulouse-based aircraft manufacturer Airbus for 118 airplanes. By any standard this is a large order estimated at $27 billion.

Writing about visa restrictions is never an easy task for any Iranian who have lived and worked in other countries. Among these groups Iranian Americans and Iranians living in the United States…

Foreign dignitaries use the United Nations General Assembly’s annual meetings as an opportunity to meet expatriates with roots in their respective countries. Iran’s President Hassan Rouhani is no…

Iran’s petrochemical industry has been gearing up for a leap forward. It should learn from the  past to welcome the dawn of a new era.

In recent weeks there has been rising speculation about the future purchase orders from Iran’s aviation industry. Officials such as Abbas Akhoundi, minister of transportation and urban development…

Today I spent a couple of hours with an old friend of my father, who is a fourth-generation businessman. I have always respected his insight and advice. He has served in war and now lives a quiet…

The Iran deal is less than a month old and it already feels like a new era has begun. European officials and businesses are regularly visiting to discuss joint ventures and economic collaboration…

Few countries share a bond that neither history nor politics can break. Afghanistan and Iran share and have shared their unique history and cultural heritage for so long that it is impossible to…

Dust storms have engulfed communities, cities and airports from Cairo, Egypt to the City of Zanjan in central Iran. Half a dozen countries in the Middle East were affected by the latest storms.…

It is hardly news anymore. The Organization of Petroleum Exporting Countries (OPEC) decided not to cut oil production in their meeting last week. Analysts and observers agree that the decision is…

Iran and Turkey economic partnership has a long and eventful history. It has been fruitful for both, and sometimes historic events and macro trends have favored one over the other. Like any other…

Are you interested in the oil market? Great! Now here comes the second question: Do you live in a  country that produces the black gold and its economy is heavily dependent on oil exports? If…

Now RichKids of Tehran is a known hashtag and another episode on the inequality debate in Iran has come and gone. The images of parties, luxury cars and high end living distributed via Instagram…

The volatility of oil prices has encouraged technological advances that have shaped energy markets. The catch is that new techniques remain in place even when oil prices decline. The same may be…

Following the events in Ferguson, Missouri many wonder why race is still an issue in the United States. The answer might be simple: because no one dares to discuss poverty. Growing inequality…