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.
Iran says it will soon start talks with two German companies to open a major credit line of €12 billion for the development of some of its petrochemical projects.
The 16th Exhibition of Home Appliances, the largest event of its kind in Middle East, will be held in Tehran Int'l Permanent Fairground from November 24 to 27.
Iranian President Hassan Rouhani on Sunday inaugurated a number of development projects, including those for developing oil fields, in the southwestern province of Khuzestan.
Iran says it has drawn serious plans to boost exports of hand-woven carpets to the United States, adding that it is already sending about a third of its total global sales to US market.
Head of the Republic of Dagestan Ramazan Abdulatipov highlighted the ample opportunities for investment available in the North Caucasus region, calling on Iranian businesses to participate in projects in the Caspian region.
A senior Iranian oil official said on Saturday that the country expects its natural gas production capacity from the South Pars gas field to increase by at least 70 million cubic meters per day (mcm/d) in the near future.
British Trade Secretary Liam Fox said London is seeking to address concerns of its banking sector about ties with Iran in an attempt to boost business ties with the Islamic Republic following the removal of anti-Tehran sanctions.
Iran says efforts by countries to expand post-sanctions trade ties with it are being hampered by the United States because Washington does not see itself as a beneficiary of the re-opening of the Iranian business environment.
A top official in Tehran has accused European government of failing to take the required measures to facilitate trade agreements with Iran – what he says is already in violation of a nuclear agreement that was sealed with the country last summer and came into effect in January.
Governor of Central Bank of Iran (CBI) Valiollah Seif, who is on an official visit to Singapore, voiced the Islamic Republic’s readiness to boost banking cooperation with the Southeast Asian country.
Iran says it is looking into the possibility of using the facilities of German financial institutions to fund its purchases of planes from aviation giants such as Airbus and Boeing.
Iran says Germany’s Deutsche Bank has started to provide financial services related to the country’s oil trade – an announcement that could show the ice in doing business with the Islamic Republic in a post-sanctions era is already thawing.
