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 world’s anti-money laundering body, known as FATF, has extended the suspension of its restrictions on Iran, lauding the Islamic Republic’s commitment to implement measures to address shortcomings in its anti-money laundering policies.
Iran has exported nearly 4,140 tonnes of ice-cream during the first month of the current fiscal year (March 21-April 20), according to data released by the Islamic Republic of Iran Customs Administration.
Amid a recent row between Qatar and Saudi Arabia, Qatari citizens risk a serious food shortage while Iran continues to send more food to the blockaded nation.
Iranian foreign minister says the Islamic Republic’s export of food items to Qatar is part of normal trade relations between the two neighbouring countries amid the ongoing blockade imposed by Saudi Arabia and its allies on Qatar.
An official at the Iranian Ministry of Industry, Mine and Trade says an ultimatum has been given to the foreign clothing brands operating in Iran to increase their production in the country and boost exports of their products from the Islamic Republic.
Signs are emerging that show the Eurasian Economic Union (EEU) – the Russia-led single market – is seeking deeper links with Iran after the re-election of President Hassan Rouhani.
With the world having learnt who will steer Iran’s government in the next four years, a large number of foreign firms have once again lined up to enter the county’s 80-million-strong market, with the French car producer Peugeot and oil giant Total standing at the forefront of the queue as usual.
An Iranian MP has praised a 25-percent decrease in imports of pharmaceuticals to Iran, saying the country should focus on expanding the export of its homegrown medicine by using the expertise of its elites.
Assessments and reports by international organizations indicate an improvement in Iran’s performance and ranking in most of the international economic indices during 2013-16, the period of time when President Hassan Rouhani was in office.
Hassan Rouhani, the incumbent Iranian president running for the second term, highlighted the role of non-oil exports, the tourism industry, as well as the medium-scale and small-scale enterprises in creating job opportunities for the country’s young labor force.
Iran’s presidential candidate Ebrahim Raisi says the current administration is to blame for many of the social and economic problems facing the country.
Iranian presidential candidate Seyyed Ebrahim Raisi has responded to the criticisms raised about the tax exemption of Astan Quds Razavi, the charitable foundation he manages.
Iranian presidential candidate Mohammad Baqer Qalibaf says, if elected, he will turn the foreign ministry into the “Ministry of Foreign Affairs and International Trade” so that the foreign policy apparatus can help improve Iran’s domestic economy.
International and domestic private companies in the renewable energy industry will be eligible for tax holidays for 5-13 years as part of incentives to prop up investment in the nascent renewable sector, a deputy economy minister said on Sunday.
Iranian President Hassan Rouhani says the Islamic Republic can facilitate the access of Georgia and other regional countries to the Persian Gulf, the Sea of Oman and the Indian Ocean while Georgia can connect Iran to the Black Sea.
Iranian Minister of Petroleum Bijan Zangeneh says he believes most members of the Organization of the Petroleum Exporting Countries (OPEC) would endorse extension of the organization's output cut initiative in the upcoming OPEC meeting, adding Iran would also support the cut extension if other members unanimously back it.
Trade transactions between Iran and the European Union (EU) reached €13.744 billion in 2016, showing a 78-percent growth compared to the figure for 2015.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says the issue of economy is a priority for Iran, adding that the enemies seek to undermine the trust of the Iranian nation in the Islamic establishment through mounting economic pressure.
Iran’s parliament speaker says the signature of a nuclear agreement between Tehran and the P5+1 group has led to a relative rise in foreign investment in the country.
The governor of the Central Bank of Iran believes that the country will be able to meet the conditions needed to become a full-time member of the Financial Action Task Force when the organization takes up Iran's case in May.
