News Briefs
  • 7:39

    Hopes for Shopping Revolution as Malls Sprout in Iran

    Experts say the expected lifting of sanctions imposed over Iran's disputed nuclear program will open the door to a potential retail bonanza, especially for imported Western goods, AFP reports.

    "Iran has a well-educated population with an unquenched thirst for foreign-branded consumer goods," PricewaterhouseCoopers said in a report earlier this year, highlighting the buying potential of the country's youthful population.