Education
In 1992 he received a master"s degree in economics, and in 2001 he obtained a Doctor of Philosophy from Allameh Tabatabaii University, Iran.
In 1992 he received a master"s degree in economics, and in 2001 he obtained a Doctor of Philosophy from Allameh Tabatabaii University, Iran.
Since 2006 he was involved in plans to create the Iranian Oil Bourse, a commodity exchange for oil and oil byproducts, which would trade mostly in the Iranian currency and other major currencies In December 2006, he was reported as saying that he intended to reduce United States dollar based transactions as much as possible. In January 2008, he announced that the Iranian Oil Bourse would be opened during the anniversary of the Islamic Revolution (February 1–11) a month later. Oil Minister Gholam Hossein Nozari later announced that Davoud Danesh-Jafari would become its head
The Oil Bourse opened on 17 February 2008 on Kish Island.
He served as the minister of economy and finance affairs in the cabinet of president Mahmoud Ahmedinejad from 2005 to 2008.
He was a member of the parliament in the 5th term and in the 7th term.