Tag Archives | World Bank

Iran Falls in Ease of Doing Business Index

By John Lee. Iran has been ranked 128th out of 190 countries in the World Bank‘s recent Doing Business 2019 report, down from 124th place the previous year. Top of the list were New Zealand, Singapore and Denmark, with last place going to Somalia, just behind Eritrea and Venezuela. Libya ranked 186th, with Iraq 171st. Doing […]

Iran Falls in Ease of Doing Business Index

By John Lee. Iran has been ranked 124th out of 190 countries in the World Bank‘s recent Doing Business 2018 report, down from 120th place the previous year. Despite the fall in the rankings, the report notes that over the previous year Iran improved access to credit information by reporting data on credit payments from […]

IMF to strengthen Banking Ties with Iran

By John Lee. The President of the International Monetary Fund (IMF), Christine Lagarde, has reportedly promised to launch consultations with US authorities to remove barriers on cooperation between international and Iranian banks. Meeting with Iran’s Economy Minister Ali Tayebnia on the sidelines of the annual World Bank summit in Washington, she pointed to the persistence […]

Finance Minister says Iran seeks ‘Resilient’ Economy

By Barbara Slavin, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran is pursuing a “resilient economy” that is less dependent on oil, has reduced nonperforming loans in its banking sector and is anticipating European participation in financing a landmark Boeing deal, according to Minister of […]

Iran makes Gains in Logistics Performance Index

By John Lee. Iran has been ranked 96th out of 160 countries in the World Bank‘s Logistics Performance Index (LPI), an improvement of 16 places since 2012. (Iran was not ranked in the 2014 report). The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their […]

World Bank Forecasts Stronger Iranian Growth

By John Lee. The World Bank expects the Iranian economy to grow 5.8 percent in 2016, according its flagship “Global Economic Prospects“ report released yesterday. This follows an estimated growth of 1.9 percent last year. Growth rates of 6.7 percent and 6.0 percent are predicted for 2017 and 2018 respectively. The report argues: “Crude oil […]

‘Battle of the Brands’ as US Franchises Look to Enter

By Holly Dagres, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran sees ‘battle of the brands’ as US franchises look to enter The line was around the block. When the Baskin-Robbins first opened on Valiasr Street in Tehran, you’d have to wait a good […]

Iran Improves in Ease of Doing Business index

By John Lee. Iran has been ranked 118th out of 189 countries in the World Bank‘s recent Doing Business 2016 report, 12 places higher than the previous year. Top of the list were Singapore, New Zealand and Denmark, with last place going to Eritrea, just behind Libya and South Sudan. The pace of business regulatory […]

Iran Buys Shares of AIIB Bank

Iran’s Deputy Economy Minister, Mohammad Khazayee, has said that Iran has finalized the purchase of a 2.8 per cent stake in the Asian Infrastructure Investment Bank (AIIB) which has recently been launched by China. According to a report from Mehr News Agency, the Minister also announced plans to buy shares in the New Development Bank […]