Tag Archives | Kish Free Zone Organization

Iran’s Economy a ‘Masterpiece of Structural Ambiguity’

By Ali Dadpay for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The economy dominated Iran’s recent presidential election. Hassan Rouhani, the incumbent, argued that integration into the global economy is the only path to prosperity and job creation, while his rivals accused his administration of […]

Cabinet Shakeup Rattles Iran

By Rohollah Faghihi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Finally, after a week of speculation, three members of Iranian President Hassan Rouhani’s Cabinet were replaced Oct. 19. Minister of Culture and Islamic Guidance Ali Jannati, Education Minister Ali Asghar Fani and Minister of Youth […]

Iran to Set Up Offshore Bank in Kish Island

Iran plans to open an offshore bank in the southern island of Kish “within a month” in a bid to facilitate its trade transactions and process international payments, a report said. According to the report carried by Forbes magazine on Sunday, Iran will set up a bank on Kish Island, which is a free trade […]

Will ‘Free Financial Center’ Lure Foreign Banks to Iran?

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iranian authorities are weighing whether to launch a free financial center, most probably in one of the country’s free trade zones, to encourage capital inflow into the economy. “Planning is underway to turn free […]