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Economy

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

Iran Says US Sanctions Great Opportunity for Domestic Producers

Iran’s President Hassan Rouhani says the US sanctions could be an opportunity for Iranian producers to increase their output to meet local demand.

“Saudis Collected 3.5 Million Gold Coins from Iran Market”

An Iranian lawmaker claims the Saudis have sent agents to Iran to collect some 3.5 million gold coins from Iran and transfer them to Iraq in a bid to disrupt the Islamic Republic’s economy.

“Iran Must Form Consortium with Russia, China, India to Resist US Sanctions”

Conservative newspaper Kayhan has called on the Iranian government to stop relying on the West and form a consortium with Russia, India and China as an alternative to cope with the West’s economic pressure.

Afghan Immigrants Leaving Iran after Devaluation of Iranian Currency

A huge number of Afghan immigrants and refugees have begun to leave Iran due to the recent decline in the value of the Iranian national currency, arguing that it’s no more cost-efficient to work in the country.

Iran Dismisses Claim Germany Holding Its Assets

Iranian Foreign Ministry Spokesman Bahram Qassemi has rejected the baseless claim that Germany has blocked parts of the Islamic Republic’s financial assets.

‘Sultan of Gold Coins’ Arrested in Tehran

Iranian police forces have arrested a man who had hoarded about two tonnes of gold coins over a period of 10 months.

Tehran, Bern Sign Several MoUs in Switzerland

Iran and Switzerland signed a number of Memorandums of Understanding on Tuesday to expand their mutual relations in various areas.

Two Options Left for Rouhani: Resignation or Cabinet Reshuffle

With discontent among Iranians over economic hardships on the rise and protests breaking out against the government over a plunge in people’s purchasing power, the performance of the Cabinet has come to the spotlight.

“Anti-Iran Sanctions, Chance to Boost Local Brands”

Iran’s minister of cooperatives, labour and social welfare says the US sanctions are an opportunity for Iran to revive its domestic brands.

Top Iranian Entrepreneurs Rewarded at “National Brand, National Might” Congress

The most successful business firms and entrepreneurs were rewarded in a ceremony held in Tehran on Monday.

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