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-Economy

2015, year of economic boom for Iran: IMF

The IMF has projected a 2.2% real GDP growth for the Islamic Republic of Iran in 2015.
South_Asia

Foreign direct investment in South Asia

Iran, the fifth country in the region in terms of foreign investment absorption, stands a good chance of attracting more capital from abroad.
Iran-Iraq-oilfield

Iran allots $15.2b to develop joint oilfields with Iraq

Iran has allocated USD 15.2 billon for the development of joint oilfields with neighboring Iraq as part of the Islamic Republic’s plans to increase its oil output.
Nematzadeh

12th joint commission with Belarus in March

Tehran is ready to promote cooperation with Minsk in areas such as standardization, bourse, exports of techno-engineering services and holding exhibitions and providing related services.
Iran Pakistan pipline

Iranian parliament Committee to study Iran-Pakistan gas project delay

An Iranian MP did not rule out the possibility of a contractual penalty delay on Pakistan after it failed to honor its obligations under a joint gas pipeline project with Iran.
Iran-Belarus-Jahangiri

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-central-bank

Iran’s economy grows 4 percent in six months

A report released by the Central Bank shows that Iran’s economy posted 4 percent growth in the first half of the year [started March 2014].
oil

Saudi comments add to market volatility

A slump in prices is temporary and it will be “difficult, if not impossible” for OPEC to curb its oil production amid a glut, said Ali Al-Naimi, Saudi Arabia’s oil minister.
Iran-petchem

Iran to resume petchem exports to Europe

A consignment of linear low density polyethylene (LLDPE), measuring 2,000 tons with a total value of over $2 million, will be shipped to Belgium next week.
Mehdi Karbasian

We need to attract foreign investment: Iranian deputy trade min.

Under a 5-phase joint venture between Iran and Kuwait a steel mill is to be set up in the Persian Gulf Special Mineral Industry Zone in southern Iran.

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