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 Calls for Promotion of Banking Ties with Chile

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has met the first Chilean ambassador to Tehran since the 1979 Islamic Revolution in Iran.
IFP Exclusive

Iranian Minister Apologizes over Social Media Restrictions

IFP Editorial Staff -
Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi has offered apology to those whose jobs have been interrupted due to the recent “temporary” restrictions on certain social media.
Media Wire

Rouhani Vows to Tackle Livelihood Problems as Top Priority

IFP Media Wire -
president Hassan Rouhani said improving the economic situation of Iranians tops the agenda of his government, in an attempt to appeal to the public, which has grown increasingly critical of his economic performance.
Media Wire

China Calls for Transit Link between Pakistan’s Gwadar, Iran’s Chabahar

IFP Media Wire -
Iran says it has received a request from China to establish a connection between Pakistan’s Gwadar port - which Chinese companies are developing - and Iran’s southeastern port of Chabahar.
IFP Exclusive

Iran Exports Handmade Carpets to 78 Countries

IFP Editorial Staff -
An Iranian official says over the past two years, Iran has exported hand-woven carpets to 78 countries across the world.
IFP Exclusive

Iran Parliament Okays $50bn in Financing for Next Year’s Budget Bill

IFP Editorial Staff -
Iranian parliamentarians have given the go-ahead to “financing” sources of income proposed by the government in next fiscal year’s budget bill.
IFP Exclusive

Iran, Qatar to Boost Banking Relations

IFP Editorial Staff -
Iran and Qatar are making arrangements to enhance their banking relations and remove obstacles to the promotion of mutual banking cooperation.
Media Wire

300% Increase in Departure Tax Sparks Controversy in Iran

IFP Media Wire -
The sharp rise in departure tax, proposed to the parliament in the budget bill for the next fiscal year (starting March 21, 2018), is in part aimed at encouraging the public to opt for domestic trips, but travel experts and officials deem it unattainable.  
IFP Exclusive

Grand Carpet Bazaar: Old Market in Heart of Tehran

Fatemeh Askarieh -
Carpets are among the things that could be seen at every household in Iran. Also known as Persian rugs, they are made for a wide variety of purposes including home use, local sale, and export.
Media Wire

Iran Officially Opens Strategic Port of Chabahar

IFP Media Wire -
Iran has launched the first phase of a strategic southeastern port which it expects to open a multi-modal trade corridor connecting India to Central Asia.
IFP Exclusive

Iran, India FMs Discuss Bilateral Ties in Tehran

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif and his Indian counterpart Sushma Swaraj have discussed issues of mutual interest in a meeting in Tehran.
IFP Exclusive

Iran, Pakistan Discuss Banking, Energy Ties

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and his Pakistani counterpart Khawaja Muhammad Asif have discussed issues of mutual interest in the Azerbaijani capital of Baku.
IFP Exclusive

Iran’s Parliament Supports Boosting Economic Ties with Italy

IFP Editorial Staff -
An Iranian lawmaker says Parliament's support for private sector activities in the domestic and international arena can be a significant point for the development of Iran-Italy relations.
IFP Exclusive

Iran Determined to Fight Cell Phone Smuggling: Minister

IFP Editorial Staff -
Iran's Minister of Communications and Information Technology Mohammad Javad Azari Jahromi says his ministry is determined to fight cell phone smuggling in the country.
IFP Exclusive

France’s Exports to Iran at Five-Year High

IFP Editorial Staff -
A new report indicates the volume of France’s exports to Iran in the first nine months of this year has set a new record over the past five years.
IFP Exclusive

Business Ties with Tehran Very Important to Yerevan: PM

IFP Editorial Staff -
Armenia's Prime Minister Karen Karapetyan says his country attaches special importance to its relations with Iran and is keen to promote mutual economic ties with the Islamic Republic.
IFP Exclusive

Foreign Investment in Iran Up %60 after Nuclear Deal

IFP Editorial Staff -
An Iranian official says foreign investment in the country has grown by 60% after the conclusion of the nuclear deal between Tehran and the six world powers
Economy

“Iran’s Market Should Not Be Possessed by France”

IFP Editorial Staff -
A conservative news website says Iran should not allow France to possess the Islamic Republic’s market and send in goods which are already produced by Iran.
Media Wire

Iran, Turkey, Qatar Sign Trilateral Trade Deal in Tehran

IFP Media Wire -
Iran, Turkey and Qatar have signed a trilateral agreement aimed at boosting trade with Doha amid a Saudi-led blockade on the Persian Gulf sheikhdom.
IFP Exclusive

Iran FM, Qatari Minister Call for Promotion of Business Ties

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and Qatar's Economy Minister Sheikh Ahmed bin Jassim Al-Thani have discussed Tehran-Doha business relations in a meeting in Tehran.
Media Wire

Qatar Seeks to Quintuple Trade Ties with Iran: Minister

IFP Media Wire -
Iran says it had received a proposal from Qatar to increase the level of trade between the two countries by five folds.
IFP Exclusive

Iran, Malaysia to Establish Direct Banking Ties

IFP Editorial Staff -
Iranian Minister of Information and Communications Technology, Mohammad Javad Azari Jahromi, recently visited Malaysia to hold talks on establishing direct banking communication between Iran and Malaysia.
IFP Exclusive

“Revival of Silk Road to Bring Iran Tremendous Benefits”

IFP Editorial Staff -
Iranian business analyst Mohammad-Sadeq Hamidian says if the new Silk Road runs through Iran, the country will enjoy numerous benefits, including higher economic growth and secured regional trade.
Media Wire

India’s First Wheat Cargo Arrives in Afghanistan via Iran

IFP Media Wire -
Afghanistan says it has received an inaugural consignment of wheat from India through a project which has opened a new trade and transit route in the region.
IFP Exclusive

EU Delegation’s Visit to Iran “Just for Show”: MP

IFP Editorial Staff -
An Iranian lawmaker says the visit of a 70-member European delegation to Iran is just a show and they are seeking their political goals rather than economic ones.
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