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

Russia’s largest bank to participate in major Iranian financial event

IFP Editorial Staff -
The secretary of the policy-making council of the 14th Iranian financial industry event says Russia’s largest bank which holds an asset value of 290 billion dollars, will certainly participate in this year's Stock Exchange, Bank and Insurance Exhibition in the Islamic Republic.
Economy

Iran’s trade with neighbors hits $20bn mark

IFP Editorial Staff -
Iran’s trade with its neighboring countries has reached 20 billion dollars, showing a 6-percent increase in the past 4 months.
Energy

Iran says has defused Western sanctions on gas condensates exports

IFP Editorial Staff -
Iran’s oil minister says the country has rendered the US-led Western sanctions on gas condensates exports completely ineffective.
Economy

China ambassador to Tehran says Chinese firms willing to invest in Iran

IFP Editorial Staff -
China's ambassador to the Islamic Republic of Iran says that Chinese companies are willing to invest in various projects in Iran and to that end, seek a stable environment for investment.
Economy

Official: Joint Iran-Saudi economic commission to be held soon

IFP Editorial Staff -
Iran’s deputy foreign minister for economic diplomacy says Saudi Arabia is keen on boosting economic cooperation with Iran, adding a joint commission will be held within three months.
Transportation

Inauguration of Iran-China freight train

IFP Editorial Staff -
The Iran-China dual-load freight train was officially inaugurated at the Aprin Rail Dry Port near Tehran.
Finance

Official: De-dollarization, Rial’s immunity from sanctions in Iran-Russia monetary agreement

IFP Editorial Staff -
The Deputy for International Affairs at the Central Bank of Iran (CBI) detailed the monetary agreement between Iran and Russia aimed at achieving de-dollarization, stating that this move pushes the Iranian Rial towards being unsanctionable.
Finance

Official: Iranians can withdraw money from Russian ATMs with bank cards

Mahdi Arman -
Iran’s Central Bank governor says from late August, Iranians can withdraw money from Russian ATMs with Iranian bank cards.
Economy

Iran’s currency strengthens after Pezeshkian wins presidential election

IFP Media Wire -
Iran’s national currency, the rial, is still in the doldrums having lost considerable value since last year – but it regained some lost ground at market open on Saturday. It comes after Reformist candidate Masoud Pezeshkian won Iran's presidential election, securing 53.3% of the votes and defeating his principlist rival Saeed Jalili
Finance

Iran’s Central Bank chief proposes FATF-like institution for BRICS

Mahdi Arman -
In a forward-looking proposal, Governor of the Central Bank of Iran Mohammad Reza Farzin suggested the establishment of an institution akin to the Financial Action Task Force (FATF) among BRICS nations.
Economy

“Next Iran president should seek experts’ opinions on FATF”

IFP Editorial Staff -
In a recent statement, Ali Akbar Salehi, Iran's former Head of the Atomic Energy Organization, emphasized that whoever assumes the Iranian presidency will certainly have to seek the advice of experts on Iran's decision to join the Financial Action Task Force (FATF). 
Foreign Policy

President Raisi: Deep bond between Iran, Azerbaijan unbreakable

IFP Editorial Staff -
Iranian President Ebrahim Raisi says the deep historical, cultural and religious relations between Iran and the neighboring Republic of Azerbaijan are unbreakable.
Energy

Iran, Azerbaijan inaugurate Qiz Qalasi dam on Aras River

IFP Editorial Staff -
The Qiz Qalasi dam on the Aras River in northwestern Iran, tipped as the most important water project for Iran and the neighboring Republic of Azerbaijan, became operational on Sunday.
Economy

Minister: Iranian knowledge-based companies’ exports surpassed $2.5bn dollars last year

IFP Editorial Staff -
Iran’s minister of finance and economy says the exports by the country’s knowledge-based firms hit the $2.5bn mark last year on the Iranian calendar that ended on March 20, 2024.
Economy

Iran, China can increase bilateral trade to above $50bn annually

IFP Editorial Staff -
The head of Iran's Chamber of Commerce says the trade volume between Iran and China is currently 30 billion dollars but the two countries have the potential to increase the figure to 50 billion dollars per year.
Economy

Reoort: Raisi’s administration sets inflation record

IFP Editorial Staff -
Iran’s Ham-Mihan newspaper says the country has experienced its highest inflation in 80 years during the administration of President Ebrahim Raisi’s tenure.
Judiciary

Former Iranian official detained on corruption charges 

IFP Editorial Staff -
The former deputy of the Arvnad Free Zone in southern Iran has been reportedly detained in on corruption charges.
Economy

Official: Iran has become regional economic, industrial hub

IFP Editorial Staff -
Iran’s Minister of Industries, Mines and Commerce Abbas Aliabadi says Iran has turned into a regional trade and industrial hub despite the Western sanctions.
Foreign Policy

President Raisi: Iran cannot be sanctioned

IFP Editorial Staff -
Iranian President Ebrahim Raisi says Western efforts to isolate Iran have failed as the country has resorted to its natural wealth and human resources to make the punitive measures fizzle out.
Foreign Policy

Tehran, Islamabad open new chapter in relations with $10bn trade exchange deal goal

Mahdi Arman -
Iran and Pakistan are set to deepen their strategic ties by setting a 10-billion-dollar objective in their trade exchange and investment, IRNA news agency reported.
Energy

Iran oil exports hit 6-year high amid US sanctions: Report

IFP Media Wire -
Tehran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost, the Financial Times has reported.
Energy

Iran extends gas export contract with Iraq

Mahdi Arman -
Iran has renewed a contract with Iraq to export gas to its western neighbor for five more years.
Economy

Iran says beats sanctions, economic growth exceeds 6 percent

IFP Editorial Staff -
The Iranian economic and financial affairs minister says the country experienced a growth rate of over 6 percent in economy during the past year.
Economy

Envoy: Taliban invest $35mn in Iran’s Chabahar

Mahdi Arman -
The Taliban administration in Afghanistan has invested 35 million dollars in Iran’s southeastern port city of Chabahar on commercial, residential and administrative projects, the Iranian special envoy to Kabul announced.
Economy

IMF revises up economic growth projection for Iran in 2023

IFP Media Wire -
The International Monetary Fund (IMF) has revised up its previous economic growth projection for Iran in 2023, attributing it to a higher-than-expected increase in Tehran’s oil output.
123...73Page 2 of 73

Latest news

© All Content by IFP News ( Iran Front Page ) is licensed under a Creative Commons Attribution 4.0 International License.

About Us

Popular Articles

Editor Picks