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.

Economy

Swedish PM to Visit Iran Heading an Economic Delegation

IFP Editorial Staff -
Prime Minister of Sweden Stefan Löfven is scheduled to visit Tehran in February 2017 heading a high-ranking economic delegation, the country’s envoy to Iran announced.
Economy

Economic Analyst Explains Why Iran Didn’t Turn into a Second Venezuela

IFP Editorial Staff -
An Iranian analyst has explained why Iran’s economy found its way to growth during the past years while the Venezuelan economy ended in meltdown in spite of having better economic conditions.
Economy

Increasing Dollar Rates in Iran Provoke Criticism

IFP Media Wire -
The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the sanctions.
Economy

Iran Has Exported over $31bn of Non-Oil Products in 9 Months

IFP Media Wire -
The Islamic Republic of Iran has exported more than $31 billion worth of non-oil goods during the first nine months of the current Iranian year, which started on March 20, 2016, official customs data showed.
Economy

Iranian Banks Authorized to Sell Dollars at Free Rates

IFP Media Wire -
The Central Bank of Iran (CBI) says it has authorized banks to deal in foreign exchange trading at a free-market rate – a move which is expected to help control the rising rates of the dollar.
Economy

JCPOA Is Like a Melting Snowball: IRGC General

IFP Editorial Staff -
A former commander of the Islamic Revolution Guards Corps (IRGC) says the nuclear deal between Tehran and world powers is like a snowball that is gradually melting.
Economy

Iran Eyes Broader Energy Ties with Armenia

IFP Media Wire -
Iran’s president expressed the country’s willingness to promote cooperation with neighboring Armenia in the energy industry.
Economy

Iran’s Customs Office Ranks Third in Fight against Smuggling

IFP Editorial Staff -
The World Customs Organisation’s Centre of Information and Security has introduced Iran as the world’s third country in the fight against violation of customs regulations and smuggling of goods.
Economy

After OPEC Deal, Iran Is Now Trying to Attract Foreign Investment

IFP Editorial Staff -
Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.
Economy

Iran Finalizes Deal to Buy 100 Airbus Planes

IFP Media Wire -
The Iranian flag carrier, Iran Air, says it has finalized a much-awaited contract with the European aviation giant Airbus to purchase 100 aircraft.
Economy

Tehran, Moscow Sign Several Investment Deals: Russian Minister

IFP Editorial Staff -
Russia’s Minister of Energy Alexander Novak announced that Iran and Russia have signed a number of investment contracts in recent days.
Economy

Iran, Czech Republic Sign MoU on Nuclear Cooperation

IFP Editorial Staff -
A memorandum of understanding has been inked on peaceful nuclear cooperation between Atomic Energy Organization of Iran and Nuclear Research Institute of Czech Republic.
Economy

Reactions to Iran’s Contract with South Korea for Building 10 Ships

IFP Editorial Staff -
President Hassan Rouhani’s government has placed an order with South Korea to build a number of ships for Iran, but the contract has sparked strong reactions, particularly from the IRGC’s influential construction base, which says Iranian companies are capable enough to build the ships.
Economy

Iran to Get First Airbus Planes by Next March

IFP Media Wire -
Iran says it expects to finalize an aircraft purchase agreement with European aviation giant Airbus within the next two weeks, adding that the first planes could be delivered by March 2017.
Economy

Contract with Peugeot, Best Car Deal in Iran’s History: Official

IFP Editorial Staff -
“The contract between Iran and France’s Peugeot is a joint venture; that is to say, we have a firm to jointly manufacture cars, which...
Economy

Oddest Pseudo-Jobs in Iran

IFP Editorial Staff -
There are some strange pseudo jobs in Iran that you may have never heard about.
Economy

2nd Int’l Exhibition of Gold, Jewellery and Gem Stones Underway in Iran’s Kish Island

IFP Editorial Staff -
The Second International Exhibition of Gold, Jewellery, Silver watch, Gem Stones and Related Industries is being held in Kish Island, southern Iran.
Economy

Zarif Assures Japanese Businesses of Safe Investment in Iran

IFP Media Wire -
Iran’s Foreign Minister Mohammad Javad Zarif provided Japanese business people and merchants with reasons why Iran is a perfectly safe place for investment.
Economy

Iran’s Official Currency to Be Changed from Rial to Toman

IFP Editorial Staff -
Iran’s government has approved a bill to change the country’s official currency from Rial to Toman (1 toman equals 10 rials).
Economy

Iran to Receive Loan from Russia for Its Infrastructure Projects

IFP Editorial Staff -
The Iranian cabinet has approved a bill that allows the government to receive loan from Russia for implementation of certain infrastructure and production projects.
Economy

Iran, Airbus to jointly produce plane parts

IFP Media Wire -
Iran says it will soon launch a cooperation scheme with France’s aviation giant Airbus over the production of spare parts for planes – a move that could help the company get a stronger foothold in the Iranian market once a much-awaited agreement to sell planes to the country becomes effective.
Economy

People Say JCPOA Had No Positive Effect on Iran’s Economy

IFP Editorial Staff -
Three quarters of Iranians believe that Iran’s economy didn’t improve after the nuclear deal between Tehran and world powers.
Economy

United States Is a Major Destination of Iran’s Handwoven Carpets

IFP Editorial Staff -
An Iranian businessman says that Americans purchase 10% of handmade carpets exported by Iran.
Economy

Illegal Immigrants Dominate Iran’s Job Market

IFP Editorial Staff -
A number of Iranian Parliament Members have openly criticized the excessive presence of illegal refugees and immigrants in Iran’s job market.
Economy

Swiss Economy Minister to Visit Iran

IFP Media Wire -
An Iranian official announced that Switzerland’s minister of economy will travel to Tehran in the coming week.
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