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.
The trade of scorpion venom has turned into one of the most lucrative emerging businesses in Iran, tempting many opportunists to get engaged in hunting or farming scorpions.
A complicated plot hatched by the Foundation for Defence of Democracies (FDD) and the funds provided by the UAE and Saudi Arabia have been at work to decrease the value of the Turkish national currency, a media report claims.
Tourists from Saudi Arabia and other regional countries are flocking to high-end shops in Turkey, as a historic plunge in the value of the country’s national currency has made prices extremely affordable for foreigners.
A number of Turkish citizens have broken their iPhones into pieces in response to a call by President Recep Tayyip Erdogan to boycott US electronics amid escalating tensions between Ankara and Washington.
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has blamed the government for the ongoing economic crisis in the country, saying the internal factor has been much more effective than external ones like sanctions.
In response to a letter by Head of Iran's Judiciary Branch, seeking permission to take special measures in order to confront economic corruption, the Leader of the Islamic Revolution approved the request and called for “swift and just” legal action against economic corruption.
The Swiss government has promised to defend the economic interests of its companies that are active in Iran and would be targeted by renewed US sanctions, recommending that they go on with their business in the Islamic Republic.
Iran’s Parliament Speaker Ali Larijani says the snapback of US sanctions could be a good chance for renovating the Iranian economy, if the Iranian people decide to stand on their own feet and move to boost domestic production.
Abdolnasser Hemmati, the newly-appointed governor of Iran’s Central Bank, unveiled a package of measures to rein in the recent turbulence in foreign currency market in Iran.
The three-month closure of currency exchange offices in the holy city of Qom in central Iran has prompted many ordinary people and even foreign pilgrims to turn to the city’s streets to exchange their money and even earn a livelihood.
Iranian President Hassan Rouhani has decided to go to the Parliament to respond to the lawmakers’ questions about the Iranian economy, planning to use the opportunity to reveal “truths” behind the country’s conditions.
After several failed attempts, Iranian lawmakers for the first time mustered enough votes on Wednesday to summon President Hassan Rouhani to answer their questions in coming weeks over issues related to his handling of the country’s struggling economy.
Iran’s First Vice-President Es’haq Jahangiri says the new economic conditions in Iran will not continue and the government plans to introduce a new foreign currency package to deal with the situation.
The Iranian government is under great pressure to take more steps to normalize what the Central Bank calls “unusual” economic conditions, as the country grapples with a flagging economy and the national currency slides to record lows.
The Islamic Republic of Iran Customs Administration (IRICA) has released details of the country’s foreign trade, which show during the first four months of current Iranian year the value of Iran’s non-oil exports has risen by over $30 billion.
Turkey's Foreign Ministry says the country's officials are working to prevent Ankara from being negatively affected by the US move to re-impose nuclear sanctions against Iran in the wake of Washington's withdrawal from a historic nuclear deal signed between the Islamic Republic and the P5+1 group of countries in 2015.
Iranian Foreign Minister Mohammad Javad Zarif and the Secretary General of the D-8 Organization for Economic Cooperation, Dato’ Ku Jaafar Ku Shaari, sat for talks on bilateral relations in Tehran.
Vice-President of the Iranian Chamber of Commerce says the EU has allocated a huge amount of credit to facilitating trade between Iranian and European small and medium-sized enterprises.
An Energy Ministry official has rejected claims by opponents of the Rouhani administration that the recent power shortage across the country is a result of Iran’s fulfilment of its obligations under the Paris Climate Agreement.
A senior Iranian lawmaker says digital currencies are among the major mechanisms which the Islamic Republic can use to evade the US sanctions, and the Parliament will soon discuss the issue.
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has summoned President Hassan Rouhani and his cabinet members to discuss ongoing economic woes.
The spokesman for Iran’s Guardian Council said the body has rejected the parliament’s legislation amending Iran’s Counter Terrorist Finance law in accordance with standards set by the global anti-money laundering body, Financial Action Task Force.
An Iranian lawmaker claims the Saudis have sent agents to Iran to collect some 3.5 million gold coins from Iran and transfer them to Iraq in a bid to disrupt the Islamic Republic’s economy.
