Consistent rise still expected in oil
Crude oil prices have been hovering in a tight range bound during the last few days due to a relative balance of bearish and bullish factors. Although the current consolidation…
Iran’s Budget Structure for the upcoming fiscal year 2018-19
As it is mentioned in the previous article, Iran’s Budget Bill in 2018-19 , Country’s budget is financial planning of the country which provided for a financial year. This plan…
Consumer Price Index in November 2017
The Consumer Price Index (CPI) increased 1.3 percent in the month of the Iranian year “Aban” (ending November 21). The inflation rate has advanced 9.9 percent over the last twelve…
An overview of CinnaGen Pharmaceutical Group
CinnaGen Pharmaceutical Group was founded in 1994 by 4 scientists in the field of medical biotechnology. The main priority of CinnaGen was to manufacture hi-tech products in biotechnology and related…
The Effect of Official USD/IRR Increment on Different Industries
There are two different exchange rates of U.S. Dollar against Rial in Iran, official and unofficial exchange rate. Official rate has been allocated in imports of essential goods and services…
Consumer Price Index in October 2017
The Consumer Price Index (CPI) increased 0.4 percent in the month of the Iranian year “Mehr” (ending October 22). The inflation rate has advanced 9.8 percent over the last twelve…
Still More to Expect From the Red Metal
Copper hit a multi-year high on Thursday, reaching $7,260, levels not seen since early 2014. Although it stepped back a bit from its fresh high on Friday’s session, but overall,…
Persian Gulf Star Refinery; Biggest Gas Condensate Refinery in the Middle East
The first refinery which is under construction and uses gas condensate feedstock in Iran is Persian Gulf Star Gas Condensate Refinery. It belongs to Persian Gulf Star Oil Company. The…
Current Change in Iran’s Banking System
In recent years credit crunch in terms of decrease in available financial resources and increase in financial facilities’ costs have been strengthened in Iran. Lack of infrastructures in risk management,…
Iran’s Budget Bill in 2018-19
President Rouhani has drafted the budget bill for the next fiscal year 1397 (March 2018-March 2019) to the parliament on December 10th 2017, a document he called a blueprint for…
