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Iran’s Economy

Iran – 3 Opportunities And 3 Challenges To Face As An Investor

Also known as Persia, Iran’s official name is Islamic Republic of Iran. With almost 82 million people residing, it is the second largest Middle Eastern Country. It has a large public sector, which is an amalgamation of mixed and transition economy. Majority of its economy is dominated by the production of oil and gas. With […]

Everything You Need To Know About How To Do Business In Iran

Iran is a country which has taken huge turns in history. From a purely secular country, it has transformed into an Islamic country.  Today, Iran is a well-developed country where different people from different walks of life enjoy their daily lives. The country has borders with two major countries of South Asia, specifically, Pakistan and […]

Trump May Decertify Iran Nuclear Deal – Iran To Use National Currency In Bilateral Trade With Turkey

Trump is provisionally scheduled to unveil his plan in a statement next Thursday, although an official warned that the timing could change. The decision does not completely rule out the deal with Iran, which Trump criticized in the election campaign. Iran has obeyed the nuclear agreement, but Trump is not satisfied. Decertifying the agreement, Trump […]

Iran’s Economic Predictions of 2017

The World Bank Group produced a report entitled Global Economic Prospects for 2017. In this report, Iran was expected to grow by more than 5 percent in 2017. It is in the same report that Iran was projected to have had a Gross Domestic Product growth of 4.5 percent and a forecast of 4.8 percent […]

An Uplift in Iran’s Economy: The Nuclear Deal

Tehran and other world powers arrived at a conclusion that Iran should be expunged from the countries that have been sanctioned as a result of nuclear deals. The agreement was reached in 2015 sparking an array of reactions from various economists such as Ramin Rabbii. The country had been grappling with various negative impacts of […]

Iran’s Economy: An Outlook

Iran is ranked as the second largest economy behind Saudi Arabia. In the whole of Middle East and North African region, Iran commands economic respect since it has a gross domestic product of over $400 billion. In addition to being an economic powerhouse in the region, the country also ranks second in terms of population, […]