Researchers and engineers at Atieh Pardazan Sharif Company, a knowledge-based firm, have manufactured a seawater electrochlorination system that can treat and disinfect saline water and provide…
The deadline of the 18-month action plan prepared by the Financial Action Task Force for Iran ended in February 2018 and was extended for four months, in view of Iran's initiatives and…
On every possible occasion the European Union reminded the world that “We remain committed to the full and effective implementation of the nuclear deal with Iran.”
A recent directive by the Central Bank of Iran aimed at enforcing long-gestating and overdue reforms to enhance the security of bank transactions is facing high-profile resistance. But why and…
President Hassan Rouhani recently outlined his administration's performance in the first 100 days of his second term in office during a televised interview.
The president showed that the…
Rial has depreciated more than 10% over the last three months against the US dollar and was quoted at 41,360 to the greenback at Tehran's foreign exchange market on Monday.
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.
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According to the CBI directive reported in Financial Tribune on Oct. 22, banks and financial institutions are obliged to set up an independent compliance department.
Iran’s longest-serving minister, Bijan Namdar Zanganeh, is again tapped for the Oil Ministry under Hassan Rouhani’s second term as president and is widely expected to win the parliament’s vote…
Very alarming! That was the response of European foreign policy experts after US President Donald Trump made anti-Iran remarks during recent visits to Riyadh and Beit-ul-Moqaddas.
For…
The new French government will be faced with high support for socioeconomic protectionism among the French.
In surveys, most French people still believe that free trade contributes to high…
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 historic agreement on Iran's nuclear program and the lifting of international economic sanctions last year created high hopes for Tehran's reintegration into the global economy. The energy…
Transparency in the bloated banks and their balance sheets, fiscal discipline and replacing outdated policies are among uncompromising measures long awaited by the friends of this country and…
Donald Trump’s young presidency is already off to a very rocky start, from the travel ban debacle to the revelation that his national security advisor, Michael Flynn, had lied about talking with…
The 2015 nuclear deal has constantly seen its fortunes ebb and flow. During the two-year tough negotiations leading to the landmark accord, there were moments when everybody thought a deal is out…
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The latest report of the central bank illustrates that Iran’s growth has rebounded beyond the expectations of many economists.
Although the report mentions that all sectors grew…
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One thing is all but certain. The status quo of banks, with their rigid structures and unyielding strategies, is not sustainable.
OPEC members will meet in Algeria on Sept. 26-28 for a second emergency meeting this year to discuss ways to ease the global oil glut and push up prices that are locked way below their highest…
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…
June 23, 2016 will go down in the history of the United Kingdom as the day when decades of deep distortions, divisions and differences in and among its people were laid barefor the world to see.…
Although Iran was expected to benefit from the easing of sanctions soon after the so-called Implementation Day of the Joint Comprehensive Plan of Action (JCPOA), businesses and markets have…
On April 20 the US Supreme Court issued its opinion regarding the frozen assets of the Central Bank of Iran amounting to $2 billion. Those assets where originally securities deposited with…
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Last summer lawmakers in the United States warned the Obama administration that the world "cannot" trust Iran. "No part of this (nuclear) agreement relies on trust. It is all based on thorough and…
The concept of diminishing utility of wealth is central in economics. Basically it means every additional dollar brings less pleasure than the one before it. More recent theories evaluate each…
