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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.

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Iran to Receive Loan from Russia for Its Infrastructure Projects

The Iranian cabinet has approved a bill that allows the government to receive loan from Russia for implementation of certain infrastructure and production projects.
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Foreigners Queuing Up to Have Trade Ties with Iran: FM

Iranian Foreign Minister Mohammad Javad Zarif highlighted the efforts the Foreign Ministry has made during his term to boost the country’s economy, saying foreigners are now queuing up to have trade ties with Iran.
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Iran, Belarus set to boost economic ties amid West bans: VP

Tehran and Minsk enjoy growing relations in the political and economic sectors, but both sides must take more serious steps to further strengthen their economic ties, said Jahangiri.

Iran exports saffron to U.S for the first time in 15 years

Following the implementation of nuclear deal between Iran and world powers, first shipment of Iranian saffron to U.S. will be send in the coming...
Iran Parliament

Iran parliamentary committee cuts National Development Fund’s share of oil

The share of National Development Fund of Iran from oil revenues has decreased to 20 percent from a previous 26 percent.

Iran intends to increase oil output: Analyst

An economic analyst Monday said Iran intends to increase its daily oil product and return to the pre-sanctions time, adding that as long as it has not reached its previous position in the oil production and export market and has not retaken its quota it will not retreat.

Thailand plans to raise trade with Iran to $5bn

Thailand hopes to bring its trade transactions with Iran to $5 billion from the current $356 million as the Islamic Republic prepares to receive sanctions relief.

Iran Exports Handmade Carpets to 78 Countries

An Iranian official says over the past two years, Iran has exported hand-woven carpets to 78 countries across the world.
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Tehran, Vienna sign 15 MOUs worth €80m

Austria is willing to contribute to many Iranian projects in line with the trade philosophy that both sides can benefit from the agreement signed, said Christophe Leitl.
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Volkswagen on course to replace Peugeot in Iranian market

Iran Khodro has reached the conclusion that in the current conditions, Volkswagen is a better choice for partner and can better help promote the Iranian automotive industry.

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