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.

IFP Exclusive

Iran Proposes Barter Trade with Kazakhstan

IFP Editorial Staff -
President of the Islamic Republic of Iran Hassan Rouhani has proposed the idea of operating a barter system for bilateral trade with Kazakhstan.
IFP Exclusive

Iran Warns US against Disruption of Legal Trade

IFP Editorial Staff -
Iran’s Foreign Minister has warned the United States against any disruption of legal trade, saying that Washington is not allowed to interfere with the Iranian tankers en route to Venezuela.
IFP Exclusive

‘Sultan of Cars’, His Wife Sentenced to Death in Iran

IFP Editorial Staff -
Iran has given death penalties to a man and his wife who had hoarded more than 6,700 automobiles and disrupted the car market and are also convicted of money-laundering involving a sum of 32 trillion rials.
IFP Exclusive

Vice President Urges Development of Digital Economy in Iran

IFP Editorial Staff -
Iranian First Vice President Es’haq Jahangiri has called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.
IFP Exclusive

Iran President Gives Orders to Support Businesses, Regulate Auto Market

IFP Editorial Staff -
The Iranian president has instructed the caretaker of the Ministry of Industry, Mine and Trade to adopt the necessary measures to manage the market and support businesses amid COVID-19 pandemic.
IFP Exclusive

Efforts Should Be Made to Better People’s Living Standards: Rouhani

IFP Editorial Staff -
The Iranian president says all efforts should be channeled into improving people’s economic situation and living standards as well as boosting hopes of a better future.
IFP Exclusive

Iran to Resume Trade Ties with Turkmenistan, Uzbekistan

IFP Editorial Staff -
Iran’s minister of roads and urban development says the ministry is seeking to resume trade transactions with Turkmenistan and Uzbekistan.
IFP Exclusive

Tehran, Baku Move to Broaden Economic Ties

IFP Editorial Staff -
Senior presidential officials from the Islamic Republic of Iran and the Republic of Azerbaijan have expressed satisfaction with the growing economic cooperation between Tehran and Baku and have weighed plans for the expansion of bilateral relations and interaction in various fields.
IFP Exclusive

Tehran Stock Exchange Index Hits Record High of 900,000 Points

IFP Editorial Staff -
The benchmark Tehran Stock Exchange (TSE) index managed to break above its all-time highs hitting over 900,000 points.
IFP Exclusive

Iran Eyes Resumption of Border Exchanges with Neighbouring Countries

IFP Editorial Staff -
The Iranian president says border exchanges and transportation of commodities with neighbouring countries should be resumed while observing health protocols.
IFP Exclusive

Iran Issuing Directives for Reopening of Businesses, Public Gatherings

IFP Editorial Staff -
The Iranian president says directives for the reopening of businesses and public gatherings are to be discussed and approved at the upcoming meeting of the upcoming National Coronavirus Headquarters.
IFP Exclusive

Iran Allocates $10 Billion to Compensate Industry Losses During Corona Outbreak

IFP Editorial Staff -
Iran’s Minister of Industry, Mine and Trade says the government has allocated a great amount of money to help the industries which are damaged by the spread of the coronavirus.
IFP Exclusive

Iran, Pakistan Weigh Plans to Resume Trade, Broaden Economic Ties

IFP Editorial Staff -
President of Iran Hassan Rouhani and the prime minister of Pakistan have called for efforts to resume trade exchanges between the two neighbors following a halt in the wake of the coronavirus outbreak, and discussed the ways to enhance bilateral economic relations in defiance of the US sanctions.
IFP Exclusive

Iran Says Almost All Border Crossings Reopened by Neighbours

IFP Editorial Staff -
Iran Says Almost All Border Crossings Reopened by Neighbours.
IFP Exclusive

Iran’s EAEU Accession Good Chance for Boosting Ties with Belarus

IFP Editorial Staff -
Iran's trade minister says the country’s membership in the Eurasian Economic Union (EAEU) will be an ideal opportunity for the enhancement of trade cooperation...
IFP Exclusive

Iran Distributing Millions of Aid Packages amid COVID-19 Outbreak

IFP Editorial Staff -
The head of Iran’s Organisation for Mobilisation of the Oppressed, also known as Basij Mostazafin, says an aid program called Momenaneh is underway in the country to help the needy in the wake of the COVID-19 pandemic.
IFP Exclusive

Non-Oil Exports from Iranian Ports Increase by 4 Percent: Official

IFP Editorial Staff -
An Iranian official says the export of non-oil products from the country’s ports in the last Iranian year has increased by 4% compared to a year before.
IFP Exclusive

Iran Able to Export Health Items Needed to Fight COVID-19

IFP Editorial Staff -
The Iranian president says the country is able to export some health items needed to fight the coronavirus.
IFP Exclusive

Iran Gov’t Selling Shares of Huge State Companies at Stock Market

IFP Editorial Staff -
Iran’s president has tasked the ministry of economic affairs to facilitate the selling of the shares of major state companies at the stock market as soon as possible.
IFP Exclusive

Iran Struggling with Virus of Sanctions amid COVID-19 Outbreak: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani has assured people that his administration is doing its utmost to alleviate hardship among the social groups while the country is grappling with two viruses at the same time, the coronavirus and the sanctions.
IFP Exclusive

Iran to Grant Loans to Employers to Prevent Layoffs

IFP Editorial Staff -
Iran will offer low-interest loans to employers to keep their employees on the job amid the coronavirus outbreak, a top official says.
IFP Exclusive

COVID-19 Inflicts Huge Losses on Iran’s Culture, Art, Media Sectors

IFP Editorial Staff -
The coronavirus outbreak has inflicted over Rls. 9.76 trillion ($65 million) in losses on Iran’s culture, art and media sectors, a top official says.
IFP Exclusive

Dark Picture of Iran Portrayed by Enemies ‘Sheer Lie’: Rouhani

IFP Editorial Staff -
Iran's President Hassan Rouhani says the dark picture of Iran portrayed by enemies is baseless and an outright lie.
IFP Exclusive

New Economic Plans Needed to Counter Fallout from COVID-19 Outbreak: Iran VP

IFP Editorial Staff -
Iran’s first vice president says new economic programs are required in order to tackle the repercussions of the coronavirus outbreak.
IFP Exclusive

Iran to Allocate $250,000 to Make up for Tourism Industry Losses

IFP Editorial Staff -
Iran’s Minister of Cultural Heritage, Tourism and Handicrafts says the ministry is pursuing the allocation of about $250,000 to compensate for the damages to Iran's tourism infrastructure.
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