Economy

Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

Seyyed Ebrahim Raisi

Raisi Explains about Tax Exemption of Foundation He Runs

Iranian presidential candidate Seyyed Ebrahim Raisi has responded to the criticisms raised about the tax exemption of Astan Quds Razavi, the charitable foundation he manages.
“Huge Investment Needed in Iran’s Mines Sector”

“Huge Investment Needed in Iran’s Mines Sector”

An Iranian official says investment in the mines and mineral industries sector requires huge financial resources.

Qalibaf Vows to Form “Ministry of Foreign Affairs, Int’l Trade”

Iranian presidential candidate Mohammad Baqer Qalibaf says, if elected, he will turn the foreign ministry into the “Ministry of Foreign Affairs and International Trade” so that the foreign policy apparatus can help improve Iran’s domestic economy.
Renewable Energy Firms Can Use Tax Incentives in Iran

Renewable Energy Firms Can Use Tax Incentives in Iran

International and domestic private companies in the renewable energy industry will be eligible for tax holidays for 5-13 years as part of incentives to prop up investment in the nascent renewable sector, a deputy economy minister said on Sunday.
Iran Can Link Georgia to Persian Gulf, Sea of Oman: President

Iran Can Link Georgia to Persian Gulf, Sea of Oman: President

Iranian President Hassan Rouhani says the Islamic Republic can facilitate the access of Georgia and other regional countries to the Persian Gulf, the Sea of Oman and the Indian Ocean while Georgia can connect Iran to the Black Sea.
Economy Likely to Be Most Pressing Theme in Iran Election Campaigns

Economy Likely to Be Most Pressing Theme in Iran Election Campaigns

With nominations now closed for the May 19 presidential election in Iran, the likely shape of the contest is beginning to emerge.
Bijan Zangeneh

Iran to Support OPEC Oil Cut Extension If Unanimity Reached

Iranian Minister of Petroleum Bijan Zangeneh says he believes most members of the Organization of the Petroleum Exporting Countries (OPEC) would endorse extension of the organization's output cut initiative in the upcoming OPEC meeting, adding Iran would also support the cut extension if other members unanimously back it.
78% Increase in Iran-EU Trade Transactions

78% Increase in Iran-EU Trade Transactions

Trade transactions between Iran and the European Union (EU) reached €13.744 billion in 2016, showing a 78-percent growth compared to the figure for 2015.
Ayatollah Khamenei speech

Enemies Using Economic Pressure to Achieve Goals: Iran Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says the issue of economy is a priority for Iran, adding that the enemies seek to undermine the trust of the Iranian nation in the Islamic establishment through mounting economic pressure.
Larijani

Nuclear Deal Boosts Foreign Investment in Iran: Larijani

Iran’s parliament speaker says the signature of a nuclear agreement between Tehran and the P5+1 group has led to a relative rise in foreign investment in the country.

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