Iranian government has drawn over $1.25 billion from the country’s sovereign wealth fund for the sole purpose of creating jobs as the government struggles to diversify the economy to cope with sanctions imposed by the United States.
Iran has officially ended its decades-long monopoly over postal services as a first major private operator launches nationwide services.
Iran’s Oil Minister Bijan Namdar Zangeneh says the country knows how to cope with sanctions that have restricted its direct sale of oil.
The World Economic Forum’s "Travel & Tourism Competitiveness Report 2019" attributes Iran’s top ranking to low ticket taxes and airport charges, cheap fuel and high purchasing power.
Asghar Ghandchi was one of the first entrepreneurs that started to revolutionise Iran’s industrial sector by assembling and manufacturing big lorries, later Mack Trucks, that were built to suit the Iranian climate and bad roads in the 70s.
25 August 2019