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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.

Elias Naderan

Dependence of government’s public funds on oil should end: MP

Elias Naderan, a principlist MP, says government coffers rely on revenues generated by the government’s monopoly over oil industry and other natural resources.

Chabahar, Gwadar Ports Great Chance for Iran-Pakistan Cooperation

Iran’s Foreign Minister Mohammad Javad Zarif has held talks with Pakistan’s National Security Advisor Nasser Khan Janjua.
Iran-UK-Banks

Two Iranian banks to start operating in UK soon: CBI head

The CBI governor has said that Iran and Britain seek to exchange banking delegations in order to pave the way for cooperation between Iranian and British banks.
iran

Iran, Algeria working to promote trade ties

Iranian and Algerian chambers of commerce are duty bound to encourage their private sectors to promote trade and embark on joint ventures, said Shafei.
Petrochemi

Germany to Give Iran €12bn for Petchem Plans

Iran says it will soon start talks with two German companies to open a major credit line of €12 billion for the development of some of its petrochemical projects.
leader

Supreme Leader: Domestic production key to solving economic woes

The Islamic Revolution leader has said that the country needs to rely on its domestic production if it wants to see its economic problems solved.

Iran to Build Wind Farm in Kazakhstan

Iran and Kazakhstan have struck a deal on the construction of a wind park in Kazakhstan to generate electricity there.

“Revival of Silk Road to Bring Iran Tremendous Benefits”

Iranian business analyst Mohammad-Sadeq Hamidian says if the new Silk Road runs through Iran, the country will enjoy numerous benefits, including higher economic growth and secured regional trade.

Iran oil exports hit 2.4 million bpd

Minister of Petroleum Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.
en-FATF

Iranian MPs Call for Caution in Dealing with FATF

A number of Iranian lawmakers have criticized the Financial Action Task Force (FATF) for its anti-Iran statement, and called on Iranian officials to be extremely cautious about the privileges they grant the organization.

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