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.
Iranian President Hassan Rouhani invited Malysian companies to invest in Iran’s oil, gas and petrochemical industry, unveiling plans to double the volume of economic ties between Tehran and Kuala Lumpur in the post-sanctions era.
French media outlets reported that Iran and the French car manufacturer Renault have penned an agreement for restoring their cooperation in automotive industry.
After a controversy about comments on Iran by Germany’s vice-chancellor and minister of economy, who is now in Tehran, his planned meeting with Iranian Foreign Minister Mohammad Javad Zarif was cancelled on Tuesday.
European economies are not the only option Iran can take up when it comes to trade interaction, Iranian Minister of Economic Affairs and Finance Ali Tayyebnia stressed.
An International Monetary Fund (IMF) staff report says that economic conditions are improving substantially in Iran following the implementation of the Joint Comprehensive Plan of Action (JCPOA).
German Economy Minister Sigmar Gabriel promised on Monday to remind the United States of its commitment to reduce sanctions against Iran, as he courted business ties during a two-day trip to the Islamic Republic.
Iranian Foreign Minister Mohammad Javad Zarif highlighted the efforts the Foreign Ministry has made during his term to boost the country’s economy, saying foreigners are now queuing up to have trade ties with Iran.
Iran’s Ambassador to Netherlands Alireza Jahangiri highlighted the importance of bilateral relations between the two countries, saying that Tehran and Amsterdam plan to promote trade ties based on a well-defined roadmap.
While Iran produces about 90 percent of the world's saffron, small German companies are growing by importing Iran’s saffron and exporting it as luxury goods to Persian Gulf littoral states.
Australian Trade Minister believes that the country will be well-positioned in the Iranian market thanks to its historically strong ties with Tehran, even amid the tensions.
The agriculture ministers of Iran and China signed two cooperation documents to boost cooperation between the two countries in the field of fisheries and aquaculture.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei reiterated the call for pursuing the policy of “Resistance Economy”, warning that enemies are seeking to impair the country’s economy and create discontent among the people.
Head of Iran’s Strategic Council on Foreign Relations Kamal Kharrazi said the country’s Supreme National Security Council (SNSC) has set some new conditions for joining the Financial Action Task Force (FATF).
Falafel is always a tempting option for members of the middle or working class who are less likely to splurge on expensive food in restaurants and often look for frugal meals in small shops.
Iran not only cultivates such unique crops as barberry and saffron and a copious amount of varied medicinal plants, but is also in the vanguard of rose essential oil extraction, which is worth around $18,000 per litre.
Iranian Minister of Petroleum Bijan Zanganeh says the Islamic Republic supports any potential measures aimed at restoring stability to global oil markets, implying, however, that oil prices should be set at reasonable levels.
German media say three Iranian banks plan to open branches in Munich in the near future in what is expected to help stimulate business ties between the two countries.
An Iranian deputy foreign minister stressed the need for closer business ties between Tehran and Tokyo, saying that the two countries have decided to boost their mutual economic cooperation following the removal of anti-Tehran sanctions.
Central Bank of Iran (CBI) has reported that Iranian banks are planning to establish their representative offices in three European countries of Britain, Italy and Germany.
Central Bank of Iran (CBI) Chief Valiollah Seif announced plans for a comprehensive reform of the country’s financial sector, including changes in laws and regulations of the banking sector and the Central Bank.
Oil prices have jumped after unconfirmed reports say Iran, which is currently producing almost 4 million barrels per day (bpd), may join a push to freeze production at current levels.
