Economy

All News about Iranian Economy – Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

Economy

Azeri deputy PM: Expanding ties with Iran on Baku’s agenda

IFP Editorial Staff -
Shahin Mostafayev, Deputy Prime Minister of the Republic of Azerbaijan has said expanding ties with Tehran in all areas is on Baku’s agenda.
Economy

Amir Abdollahian: Iranian companies ready to reconstruct Azerbaijan’s war-hit areas

IFP Editorial Staff -
Iranian Foreign Minister Hossein Amir Abdollahian  saysTehran is ready to help Azerbaijan reconstruct areas in Azeri territories affected by last year’s war between Azerbaijan and Armenia.
Economy

Iran-China trade at over $10bn in first 9 months of 2021

IFP Editorial Staff -
The volume of trade between Iran and China reached 10,425,000,000 dollars in the first nine months of 2021.
Parliament

Iran MPs demand trial of officials implicated in gas case

IFP Editorial Staff -
253 Iranian lawmakers have sent a letter to Iran’s Judiciary chief to investigate a corruption case in a deal for exporting gas from Iran to the United Arab Emirates.
Local

Iran’s Leader: Encouraging youth to leave country amounts to treason

IFP Editorial Staff -
Iran’s Leader Ayatollah Seyyed Ali Khamenei has urged Iranians against underestimating their abilities.
Foreign Policy

Iran: US sanctions damaging global law and multilateralism

IFP Media Wire -
Iranian Minister of Oil announced unilateral Washington sanctions against Tehran will damage global law and multilateralism, targeting livelihood of people. Javad Owji made the remark while addressing the 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) which was held virtually on Tuesday.
Economy

Iran renewable energy confab, expo to start next week

IFP Media Wire -
The 6th edition of Iran's International Renewable Energy Conference and Exhibition (Iran REC 2021) is scheduled to be held on November 20-21 in Tehran.
Economy

Iran exports to Afghanistan hits $1bn

IFP Editorial Staff -
Afghanistan’s Chamber of Commerce says the country’s imports from Iran have reached one billion dollars over the last 8 months.
Economy

‘South Korean has not freed up Iran’s frozen assets’

IFP Editorial Staff -
The chairman of the Iran-South Korea Joint Chamber of Commerce says Seoul has not released frozen Iranian assets despite reports alleging it has done so.
Economy

Biden: Supplies of petroleum sufficient to reduce purchase from Iran

IFP Media Wire -
US President Joe Biden says there are sufficient supplies of petroleum to allow a “significant reduction” in the amount purchased from Iran.
IFP Exclusive

Armenian PM: Problem of Iranian trucks traveling to Yerevan solved

IFP Editorial Staff -
Armenian Prime Minister Niko Pashinyan has said Iranian trucks can use the Tatev-Aghvani alternative road to travel to the Republic of Azerbaijan without paying customs duties from now on. Pashinyan was speaking at a meeting of the Cabinet of Ministers on Thursday.
Economy

Iran president, economists review ways to resolve economic problems

IFP Editorial Staff -
Iranian President Seyyed Ebrahim Raeisi in a meeting with a group of economists reviewed possible ways and options to try to resolve the economic woes of the nation.
Economy

“Iran’s 7-month export revenues equal total of last year’

IFP Editorial Staff -
The vice chairman of the Iranian Parliament’s Planning and Budget Commission has said Iran’s foreign exchange revenues for the last 7 months have been equal to the total of the last year.
Media Wire

Iran, world’s 3rd largest gas producer despite US sanctions

IFP Media Wire -
Iran has become the world’s third-largest producer of natural gas after the United States and Russia despite the harsh US sanctions. Iran has grown steadily over the past two decades in natural gas production, according to the US Energy Information Administration.
Economy

Iran, Iraq’s Kurdistan discuss closer trade ties

IFP Editorial Staff -
Iran says it stands ready to make investments in Iraq, calling for closer trade and economic relations between the two countries.
Media Wire

Official: Iran’s goods exported to 142 countries

IFP Media Wire -
An Iranian customs official says the country has exported goods to 142 nations, having had imports from 110 countries in the last seven months. The transactions were carried out while the Islamic Republic is under the toughest ever US sanctions.
Economy

Iran to resume gas and oil exports to Afghanistan

IFP Editorial Staff -
Iran’s gas and oil exports to Afghanistan will resume from next week. That’s according to the director of the Iran-Afghanistan Joint Chamber.
Economy

Iranian Intel. Ministry dismantles company for ripping off citizens

IFP Editorial Staff -
Iran’s Intelligence Ministry says more than 150 leaders of a pyramid company calling itself Unique Finance have been arrested in 19 provinces across the country for financial wrongdoings.
Economy

Iran, Pakistan to boost mutual trade to $5bn

IFP Editorial Staff -
Iran’s minister of industry, mines and trade says plans are in the offing to increase Tehran-Islamabad trade to $5 billion in two years’ time.
Economy

Iran’s first electric car hits streets

IFP Editorial Staff -
Iranian Vice President for Scientific Affairs Sorena Sattari on Friday announced the country will soon unveil more technological and scientific achievements in the near future among them electric cars. Sattari added that people will see that the cars are beautiful.
Finance

China Iran oil purchase “skyrockets”

IFP Media Wire -
Iranian oil sales to China have reportedly  soared in recent months. This as the administration of US President Joe Biden says they intend to talk to Beijing over the issue.
Economy

Iran: Fuel distribution returns to normal

IFP Editorial Staff -
  The spokesperson for the National Iranian Oil Products Distribution Company has said refueling has returned to normal at all gas stations across Iran following days of disruption due to a cyberattack attack.
IFP Exclusive

Minister: Iran Oil products’ exports to resume in 2 weeks

IFP Editorial Staff -
Iran’s Oil Minister Javad Ouji has said oil products exports from the Islamic Republic will resume within the next couple of weeks.
Economy

Iran announces huge rise in exports from Chabahar Port

IFP Editorial Staff -
Iran’s Customs Office says the country’s exports from the southern port city of Chabahar increased nearly 100% since March 21, 2021 compared with the same period in 2019.
Finance

Iran seeks resumption of oil sales to India

IFP Media Wire -
Iran’s ambassador to India says Tehran expects New Delhi to resume oil purchases from Iran. He added Iran’s Foreign Minister Hossein Amir Abdollahian plans to visit India later this month.
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