Tag Archives: business

Iranian Banknotes During Pahlavi Dynasty

The rial was first introduced in 1798 as a coin worth 1,250 dinars or one-eighth of a toman. In 1825, the rial ceased to be issued, with the qiran subdivided into 20 shahi or 1,000 dinar and was worth one tenth of a toman, being issued as part of a decimal system. The rial replaced the qiran at par in ...

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The story of the First Pen in Iran

The story of the founder of Bik Factory in Iran is a full-scale tragedy for Iranian capitalists. Ali Akbar Refugaran, who brought Bik to Iran and transformed the production of pearl pencils, entered the business world from the teenage years of the 1920s and achieved great progress in the market and the production of writing instruments.

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