Iran is a mixed economy with a large public sector. Some 60% of Iran's economy is centrally planned.. Iran’s economy is characterized by its hydrocarbon,agricultural,and service sectors,in addition to manufacturing and financial services,with over 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade. With 10% of the world's proven oil reserves and 15% of its gas reserves,Iran is considered an "energy superpower".
Petrocurrency is a word used with three distinct meanings,often confused:
- Dollars paid to oil-producing nations —a term invented in the 1970s meaning trading surpluses of oil-producing nations.
- Currencies of oil-producing nations which tend to rise in value against other currencies when the price of oil rises.
- Pricing of oil in US dollars:currencies used as a unit of account to price oil in the international market.
The rial is the official currency of Iran. It is subdivided into 100 dinars,but due to the rial's low purchasing power the dinar is not practically used. While POS terminals are in use in Iran,the country does not participate in any of the major international card networks due to sanctions between it and the United States. Travelers are instead advised to load money onto a local prepaid card account.
Kish is a 91.5-square-kilometre (35.3 sq mi) resort island in Bandar Lengeh County,Hormozgan Province,off the southern coast of Iran in the Persian Gulf. Owing to its free trade zone status,the island is touted as a consumer's paradise,with numerous malls,shopping centers,tourist attractions,and resort hotels. It has an estimated population of around 140,000 residents and about 12 million visitors annually.
Safdar Hosseini is an Iranian academic and politician,who has served in various cabinet posts. He was chairman of the National Development Fund of Iran from 2013 until 2016.
Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major petroleum-exporting states,mainly the OPEC members plus Russia and Norway,earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows,from oil producers back to oil consumers,can reach a scale of hundreds of billions of US dollars per year –including a wide range of transactions in a variety of currencies,some pegged to the US dollar and some not. These flows are heavily influenced by government-level decisions regarding international investment and aid,with important consequences for both global finance and petroleum politics. The phenomenon is most pronounced during periods when the price of oil is historically high.
National Institute of Technology Srinagar is a public technical university located in Srinagar,Jammu and Kashmir,India. It is one of the 31 National Institutes of Technology (NITs) and as such is directly under the control of the Ministry of Education (MoE). It was established in 1960 as one of several Regional Engineering Colleges established as part of the Second Five Year Plan (1956–61) by the Government of India. It is governed by the National Institutes of Technology Act,2007 which has declared it as Institute of National Importance.
The Tehran Stock Exchange (TSE) is Iran's largest stock exchange,which first opened in 1967. The TSE is based in Tehran. As of May 2023,666 companies with a combined market capitalization of US$1.45 trillion were listed on TSE. TSE,which is a founding member of the Federation of Euro-Asian Stock Exchanges,has been one of the world's best performing stock exchanges in the years 2002 through 2013. TSE is an emerging or "frontier" market.
The Iranian Oil Bourse,International Oil Bourse,Iran Petroleum ExchangeKish Exchange or Oil Bourse in Kish also known as Iran Crude Oil Exchange,is a commodity exchange,which opened its first phase on 17 February 2008.
The Central Bank of Iran (CBI),also known as Bank Markazi,officially the Central Bank of the Islamic Republic of Iran is the central bank of Iran.
The Beirut Stock Exchange is the principal and only stock exchange of Lebanon. Located in Beirut,it is a public institution run by a committee including a chairman,a vice-chairman and eight members appointed via a decree issued by the Council of Ministers,in accordance with a proposal by the Minister of Finance. All BSE members are Lebanese Joint stock companies (SAL) with a capital above £L500,000 and registered at the secretariat of the Commercial Register in. Members include holding companies and offshore companies. The BSE authorizes Brokerage firms the operation and trade in securities listed on the BSE according to the Bourse trading system and also lists the issuing companies that have any of their stocks or other financial instruments listed.
According to the Fourth Five-Year Economic Development Plan (2005–2010),the Privatization Organization of Iran affiliated with the Ministry of Economic Affairs and Finance is in charge of setting prices and ceding shares to the general public and on the Tehran Stock Exchange. The privatization effort is primarily backed by reformist members of the Iranian government and society who hope that privatization can bring about economic and social change.
Following the Iranian Revolution,Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014,Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials,or US$523 billion at the free market exchange rate,using central bank data,according to Reuters.
Ja'fari is a surname commonly associated with descendants of Ja'far al-Sadiq,an important Muslim scholar and the 6th Shia Imam. In South Asia,Persia and the Levant,those of this genealogy,also often take the honorific title of Sayyid. Descendants of Ja'far al-Sadiq can most commonly be found amongst the Shi'i of Iraq,Iran and the Indian subcontinent. Some Sunni Muslims also associate with the surname Ja’fari.
There have been a number of international sanctions against Iran imposed by a number of countries,especially the United States,and international entities. Iran was the most sanctioned country in the world until it was surpassed by Russia,following Russia's invasion of neighboring Ukraine in February 2022.
Davoud is a given name. Notable people with the name include:Davoud A.,scientist and CEO
Kish Stock Exchange is an oil bourse stock exchange launched in late 2010. It is a stock exchange located in the Iranian island of Kish. Kish island is a free trade zone.
Hossein Abdoh Tabrizi is an Iranian professor of Finance and a financial practitioner. Since 2013,he is an Honorary Adviser to Minister of Roads and Urban Development (Iran) and a member of Iranian Securities and Exchange Commission. He was the founder of Eghtesad Novin (EN) Bank,the first Iranian non-governmental bank,and a member of editorial board of various financial journals and the founder and owner of Sarmayeh newspaper. He also had several positions including the Secretary General of Tehran Stock Exchange (2003–2005),adviser to the Minister of Economic Affairs and Finance (2001–2005) and many different posts in Iranian financial sector.
Iran Fara Bourse Co. (IFB),also known as Farabourse,is an exchange for securities and other financial instruments in Tehran,Iran which operates under the official supervision of Securities and Exchange Organization (SEO).
A by-election for the Islamic Consultative Assembly's constituency Tehran,Rey,Shemiranat and Eslamshahr was held on 15 December 2006,to fill two vacancies caused by resignation of Davoud Danesh-Jafari and Manouchehr Mottaki,who were appointed as finance and foreign ministers respectively. The voters in Tehran cast their ballots along with the nationwide Assembly of Experts election and the Tehran City Council election.
Iran 
Fath Medal (1982)
