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 MPs to Question Minister over Saudi Imports

Iran MPs to Question Minister over Import of Saudi Goods

An Iranian MP says the country’s Minister of Industry will be summoned to answer lawmakers’ questions on alleged import of goods from Saudi Arabia.
en-FATF

FATF Extends Suspension of Financial Restrictions on Iran

The world’s anti-money laundering body, known as FATF, has extended the suspension of its restrictions on Iran, lauding the Islamic Republic’s commitment to implement measures to address shortcomings in its anti-money laundering policies.
Iran Signs MoU with Airbus to Buy 73 More Planes

Iran Signs MoU with Airbus to Buy 73 More Planes

European aviation giant Airbus said two Iranian privately owned airlines on Thursday had committed to buying 73 planes at the Paris Airshow.
Iran’s Monthly Ice-Cream Exports Exceed 4,000 Tonnes

Iran’s Monthly Ice-Cream Exports Exceed 4,000 Tonnes

Iran has exported nearly 4,140 tonnes of ice-cream during the first month of the current fiscal year (March 21-April 20), according to data released by the Islamic Republic of Iran Customs Administration.
Iran Eyes Larger Share of Qatar’s Market

Iran Eyes Larger Share of Qatar’s Market

Amid a recent row between Qatar and Saudi Arabia, Qatari citizens risk a serious food shortage while Iran continues to send more food to the blockaded nation.
zarif

Iran’s Food Exports to Qatar Part of Normal Business Ties: FM

Iranian foreign minister says the Islamic Republic’s export of food items to Qatar is part of normal trade relations between the two neighbouring countries amid the ongoing blockade imposed by Saudi Arabia and its allies on Qatar.
Adidas in Iran

Foreign Clothing Brands Given Ultimatum for Operation in Iran

An official at the Iranian Ministry of Industry, Mine and Trade says an ultimatum has been given to the foreign clothing brands operating in Iran to increase their production in the country and boost exports of their products from the Islamic Republic.
putin

Iran Will Soon Join Eurasian Economic Union

Signs are emerging that show the Eurasian Economic Union (EEU) – the Russia-led single market – is seeking deeper links with Iran after the re-election of President Hassan Rouhani.
France’s Peugeot, Total Looking for Stronger Presence in Iran

France’s Peugeot, Total Looking for Stronger Presence in Iran

With the world having learnt who will steer Iran’s government in the next four years, a large number of foreign firms have once again lined up to enter the county’s 80-million-strong market, with the French car producer Peugeot and oil giant Total standing at the forefront of the queue as usual.

Iranian MP Lauds Sharp Decrease in Pharmaceutical Imports

An Iranian MP has praised a 25-percent decrease in imports of pharmaceuticals to Iran, saying the country should focus on expanding the export of its homegrown medicine by using the expertise of its elites.

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