Economy of Iran

Headlines

Iran’s Tech Sector Blooms Under Shield of Sanctions

The names may be unfamiliar but the services are immediately recognisable: Snapp is Iran's answer to Uber, Digikala is...

News

Ghana’s Debt Stock Hits C137 Billion

The total public debt for the country as at May this year has reached ¢137 billion putting the debt-to-GDP ratio at...

Headlines

Foreign Food Chains Brave Risks For A Bite of Iran

For years, Iranians have had to put up with the likes of "Mash Donalds" and "Pizza Hat". Now real Western food...

Headlines

Two Iranians Charged In US Over Hacking Defense Materials

Two Iranians were indicted Monday in the United States with hacking a defense contractor and stealing sensitive...

Headlines

US-China Citizen Given 10 Years For Espionage In Iran

A Chinese American accused of "infiltration" in Iran has been sentenced to 10 years in prison, local media reported on...

Headlines

Why Has Iran’s Investment Gold Rush Been So Slow To Emerge?

When Iran signed its landmark deal with world powers in 2015, curbing its nuclear programme in exchange for sanctions...

Headlines

Total To Sign Iran Gas Deal, Biggest Since Sanctions Lifted

French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field...

Headlines

Total To Sign $4.8 Bn Gas Deal With Iran

French energy giant Total is to sign a $4.8 billion agreement to develop an Iranian offshore gas field, the oil...

Headlines

Court Says NY Skyscraper Linked To Iran Can Be Seized

The Piaget Building at 650 5th Avenue in New York may be seized by the US government, as the building's owners' link to...

News

Banks’ Loans To Private Sector Increase By 45% In April – BoG Report

Banks have begun easing out their stance on credit to the private sector following declining interest rates. The Bank...

News

High NPLs To Tighten Credit To the Private Sector

Financial sector analysts are predicting a further contraction in credit to the private sector following their high...

Headlines

N.Korea Evading Sanctions Through Web of Illicit Networks

Sanctions have failed to stop North Korea's weapons program because the regime has a "complex overseas financing and...

Business

Government’s Decision To Retire Legacy Debts Will Boost Banking Industry – Bankers

The Chartered Institute of Bankers (CIB) says the decision by the government to issue new bonds to pay off legacy debts...

News

Gov’t Decision To Retire Legacy Debts To Boost Banking Industry – Bankers

The Chartered Institute of Bankers says the decision by the government to issue new bonds to pay off legacy debts will...

Headlines

Boeing and Iran’s Aseman Finalise $3bn Deal For 30 Jets

Iran's Aseman Airlines has finalised an agreement to buy 30 Boeing 737 MAX jets for $3.0 billion, the company said...

Headlines

US Boosts N.Korea Sanctions Over Nuclear Program

The US slapped fresh sanctions Thursday on several North Korean entities and officials as well as two Russian companies...

News

Recapitalization As A Means of Transforming Ghana’s Banking Sector

The Ghanaian banking system is growing at a fast pace with the number of commercial banks increasing each year. Most...

Headlines

Iranians Will Vote For Progress Despite Trump

Iranians will vote to keep opening up to the world despite the "climate of tension" created by US President Donald...

Business

Banks Write Off GHc175m

Banks total provision for the first two months still remained high, according to the latest Banking Sector Report....