Iran Foreign Trade in 2018

Iran Foreign Trade in 2018         Iran foreign trade report in 2018 indicates that international trades continue to steadily grow in export and decline in the total value of imports. According to the Trade Promotion Organization of Iran, this country’s non-oil export in 2018 reached the value of $50.6 billion, having grown…

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Foreign Investment Incentives

Foreign Investment Incentives       Considering the multitude of international investment, it is only natural for countries to offer foreign investment incentives that enable them to attract investors into their borders, and Iran is no exception. Iran’s strategic position allows it to introduce free Trade Zones (FTZs) across the country (https://www.freezones.ir/en/Infographics). There are currently…

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Marketing Phrases

Marketing Phrases         Certain phrases are frequently used when communicating market status, conditions and decisions. The jargon enables executives, marketing managers, and marketing staff to speak about this dimension of their business with ease. Word combinations such as the ones below allow better retention at the time of speaking. The phrases below…

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IFRS: International Financial Reporting Standards

IFRS: International Financial Reporting Standards         International Financial Reporting Standards (IFRS) is an accounting tool offering a framework within which companies provide their financial information. The framework introduces standards that makes it possible to compare and contract financial information among businesses. More than 25,000 companies have adopted IFRS standards in 88 stock…

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Global Investment

Global Investment         The UN reported a Foreign Direct Investment (FDI) drop of %19 in 2018 with %40 decline in FDI inflows to developed countries. The January 2019 report states that global FDI fell by %19 to $1.2tn while investment in developing countries managed to slightly increase by %3. Developing countries account…

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Iran’s Economy

Iran’s Economy         Iran has been recently under pressure due to sanction reimposition by the US and the currency depreciation rate of rial against dollar. Iran’s fast growing economy has been deeply affected by recent changes, the result of which is inflation, business challenges, and unemployment. Iran used to be one of…

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General Business English Vocabulary: Part 3

General Business English Vocabulary: Part 3       General business English vocabulary are common in all areas of business. They are frequently used in everyday communication, and therefore, they are useful and practical. The following set of verbs comprise the third list of general Business English words covered on this website. They enable you…

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Emphasizing a Point

Emphasizing a Point       There are times when we need to convey the importance of a message to others in addition to the information with which we provide them. Emphasizing a point may be due to the important of the subject or the information itself, or its importance to us, our audience, or…

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Business Performance

Business Performance         The main purpose of a business is to generate profit, in other words, indicate a healthy business performance. To do this, businesses attract investors and use the investment to fund their activities. By the end of every financial year, they report a profit or loss. The earnings made from…

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