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 Sells Screening Rights of 64 Films to Other Countries

IFP Editorial Staff -
The screening rights of dozens of Iranian films have been sold to other countries during President Hassan Rouhani’s first term, according to an official.
IFP Exclusive

Croatia’s Largest Bank Keen on Expanding Relations with Iran

IFP Editorial Staff -
A Croatian official says the East European state’s biggest bank has expressed willingness to deepen and expand relations with Iran.
IFP Exclusive

Iran Parliament Authorizes Expansion of Cooperation with Slovenia

IFP Editorial Staff -
The Iranian Parliament has unanimously approved a bill that permits the government to expand the country’s economic cooperation with Slovenia.
IFP Exclusive

Iran Parliament Vows Strong Support for Handwoven Carpet Industry

IFP Editorial Staff -
A senior Iranian MP says the Parliament will do its best to help reinforce the export of Iran’s handmade carpets to global markets.
IFP Exclusive

Iran, Azerbaijan Need to Sign Free Trade Agreement

IFP Editorial Staff -
Economic estimates indicate that Iran needs to sign a free trade agreement with Azerbaijan Republic if it wants to gain an appropriate share in the Azeri market.
Media Wire

Iran Signs Biggest LC Deal with South Korea to Receive €8bn Loan

IFP Media Wire -
Iranian media on Saturday celebrated the country’s biggest credit line deal in recent years with South Korea’s Eximbank, saying it marked a new opening in attracting foreign investment.
IFP Exclusive

Iran Exporting Electricity to Eight Countries: Report

IFP Editorial Staff -
Iran is one of the energy hubs in the region, exporting electricity to eight countries including Iraq, Turkey, and Afghanistan.
IFP Exclusive

Iran to Establish Joint Chambers of Commerce with Italy, Switzerland, Tajikistan

IFP Editorial Staff -
A top Iranian trade official has said the ground has been prepared for setting up joint chambers of commerce between Iran and three other Asian and European countries.
IFP Exclusive

Oil Extraction in Front of Customers: New Lucrative Business in Iran

IFP Editorial Staff -
Extracting vegetable oil in front of customers has turned into a booming business in recent years in Iran as it is profitable and does not need much investment.
IFP Exclusive

Iran’s Annual Handicrafts Exports Stand at $250m

IFP Editorial Staff -
A top Iranian official says the Islamic Republic exports $250 million worth of handicrafts each year.
Media Wire

Ukraine Bridge for Export of Iran’s Petchem Products

IFP Media Wire -
A senior Iranian official says Ukraine can act as a conduit for expansion of Iran's petrochemical exports to other countries in the world, particularly those in Europe.
IFP Exclusive

Mongolia Raps US Bans on Iran, Russia, N. Korea

IFP Editorial Staff -
A Mongolian official has denounced the recent sanctions imposed by the United States on Iran, Russia and North Korea.
IFP Exclusive

Iran, India to Trade Goods on Mercantile Exchanges

IFP Editorial Staff -
Iran and India have clinched an agreement to trade a range of goods, tar in particular, on the mercantile exchanges of both countries.
IFP Exclusive

Iran, China to Promote Banking Cooperation

IFP Editorial Staff -
Iranian and Chinese officials have called for expanding cooperation between the two sides’ banks in different fields.
IFP Exclusive

Int’l Machine-Made Carpet Exhibition Held in Tehran

IFP Editorial Staff -
The sixth edition of International Floor Covering, Moquette, Machine-made Carpet, and Related Industries exhibition was recently wrapped up in the Iranian capital of Tehran.
IFP Exclusive

Belarus to Promote Banking Relations with Iran

IFP Editorial Staff -
Mikhail Myasnikovich, the speaker of the Belarusian Parliament’s upper house, has underlined the need to remove the existing barriers to expansion of banking relations with Iran.
IFP Exclusive

Structural Changes in Iran Foreign Ministry; Speculations, Implications

IFP Editorial Staff -
A few days after President Hassan Rouhani’s second term officially began, media reports are saying the Iranian foreign ministry will undergo major structural changes in Rouhani’s new administration, mainly with the aim of strengthening its role in Iran’s economic diplomacy.
IFP Exclusive

Iran, Qatar, Turkey Hold Talks on Joint Transit Route

IFP Editorial Staff -
Officials from Iran, Turkey and Qatar discussed the creation of a joint trade route on the sidelines of President Hassan Rouhani’s swearing-in ceremony in Tehran.
IFP Exclusive

Iran Safe Place for Investment: Top Austrian MP

IFP Editorial Staff -
Karlheinz Kopf, the second president of the Austrian National Council, says the Islamic Republic of Iran is a stable country and safe for foreign investment.
IFP Exclusive

Iran, S. Korea Hold Joint Seminar on Intellectual Property

IFP Editorial Staff -
Iran and South Korea as two close economic partners have held a joint seminar on intellectual property in the Iranian capital, Tehran.
IFP Exclusive

Iran, Saudi Arabia Trade Volume Stands at Zero: Official

IFP Editorial Staff -
An Iranian official says the trade volume between Iran and Saudi Arabia stands at zero and the two sides have no economic relations with each other.
IFP Exclusive

Iran Gas Deal with Total Continues to Stir Controversy

IFP Editorial Staff -
The $4.8bn gas deal between Iran and a consortium led by the French energy giant Total over the development of Iran’s South Pars Gas Field has remained a top story in the Iranian media ten days after the signing ceremony.
IFP Exclusive

Iran, Turkey Can Boost Trade Value to $50bn

IFP Editorial Staff -
Iran’s ICT Minister and Chairman of Iran's joint economic commission with Turkey says Tehran and Ankara have the potential to increase the value of their bilateral trade to $50 billion per year.
IFP Exclusive

Iran’s Larijani Calls for Investment in Caspian Sea Oil Extraction

IFP Editorial Staff -
Iran’s Parliament Speaker says there must be no restriction on making investment in extraction of oil from the Caspian Sea.
Media Wire

Iran Sells First Homegrown Catamaran Ship to Turkey

IFP Media Wire -
Iran has sold its first domestically-made catamaran ship to neighboring Turkey, the managing director of the Arvandan Shipbuilding Company, the manufacturer of the vessel, announced.
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