Economy

Economy

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

Prerequisites of Attracting Foreign Investment to Iran’s Mining Industry

An Iranian official says besides international conferences, Iran’s mining sector needs to work on its imperfect infrastructure and data systems to attract international investors.

29 Int’l Firms Can Bid for Iran’s Oil and Gas Projects

Iran’s oil ministry has certified 29 international companies to bid for oil and gas projects in the country under its new format of oil contracts, a report said.

World Bank Says Iran’s Foreign Debts Have Decreased by 64%

The World Bank says Iran’s foreign debts have significantly dropped since 2011 when the country faced a series of US-led sanctions.

Iran Slams Turkmenistan for Going Back on Its Word and Cutting Gas Supply

An Iranian energy official denounced Turkmenistan for going back on its word and cutting off gas supplies to Iran abruptly, saying, however, that Iran’s ability to feed the countrywide gas grid remains unaffected by such “immoral” measure by the Ashgabat government.

South Korea’s Daewoo Wins Deal to Build Shipyard in Iran

South Korea’s Daewoo Shipbuilding and Marine Engineering Company (DSME) – the world’s second biggest shipbuilding companies – has announced a major deal to develop a construction yard in Iran.

Swedish PM to Visit Iran Heading an Economic Delegation

Prime Minister of Sweden Stefan Löfven is scheduled to visit Tehran in February 2017 heading a high-ranking economic delegation, the country’s envoy to Iran announced.
Saeed Laylaz

Economic Analyst Explains Why Iran Didn’t Turn into a Second Venezuela

An Iranian analyst has explained why Iran’s economy found its way to growth during the past years while the Venezuelan economy ended in meltdown in spite of having better economic conditions.
Rouhani

Increasing Dollar Rates in Iran Provoke Criticism

The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the sanctions.

Iran Has Exported over $31bn of Non-Oil Products in 9 Months

The Islamic Republic of Iran has exported more than $31 billion worth of non-oil goods during the first nine months of the current Iranian year, which started on March 20, 2016, official customs data showed.
Dollars

Iranian Banks Authorized to Sell Dollars at Free Rates

The Central Bank of Iran (CBI) says it has authorized banks to deal in foreign exchange trading at a free-market rate – a move which is expected to help control the rising rates of the dollar.

Today's Front Pages

Ads

Latest