Economy

Iran Economy News

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

Iranians on Shopping Sprees in Run-up to New Year

Iranian people from all walks of life are going on shopping sprees as the Persian New Year is around the corner.
Iran, India, Afghanistan Discuss Investment in Chabahar Port

Iran, India, Afghanistan Discuss Investment in Chabahar Port

A conference on investment in, and the development of the Iranian port city of Chabahar was recently held in Iran, bringing together investors and authorities from 35 countries.

Tehran, Yerevan Sign Two MoUs to Boost Ties

Iran and Armenia have signed two memoranda of understanding in a Wednesday ceremony attended by President Hassan Rouhani and visiting Armenian Prime Minister Nikol Pashinyan.
‘Iranian Women Running Economic Campaign against US Bans’

‘Iranian Women Running Economic Campaign against US Bans’

Iranian Vice-President for Women and Family Affairs Massoumeh Ebtekar says women in Iran are actively engaged in an economic campaign aimed at cushioning the impact of the cruel sanctions imposed by the United States against the Iranian nation.

Rouhani Says 3.4m Jobs Created in 5 Years, but More Needed

Iranian President Hassan Rouhani says his administration has managed to create over three million job opportunities during the past five years he’s been in office, but that’s far behind what the society needs.

Rouhani Gov’t Denies Rumours It’s Behind Currency Hikes

The Iranian president's chief of staff has rejected rumours that this week’s hike in the value of foreign currencies in Iranian markets was planned by the government as part of efforts to meet FATF guidelines, saying the government would not “play games” with people’s livelihood.

Iran Says Grounds Prepared for Its Membership in Eurasian Union

Despite sanctions imposed on and restrictions created for Iran's economy, arrangements for membership of the Islamic Republic in the Eurasian Economic Union have been made, said Iran's Energy Minister.

Iran Parliament Allows Gov’t to Get $5 Billion Loan from Russia

The Iranian parliament has extended a licence allowing the government to receive a total of $5 billion loan from Russia for infrastructure projects.

‘Seoul Keen to Keep Good Ties with Tehran despite Sanctions’

South Korean Foreign Minister Kang Kyung-wha has expressed her country’s willingness to maintain its friendly relations with the Islamic Republic of Iran despite the anti-Iran pressures.
FATF

Iran Gov’t Urges Quick Approval of FATF as Deadline Approaches

A senior government official has argued for quick approval of two parliamentary bills required for Iran to get out of the blacklist of the global anti-money laundering body (FATF), saying Iran should not put its foreign relations at risk at a time when the US is bent on hurting the country’s foreign relations.

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