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.
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.
Iranian Foreign Minister Mohammad Javad Zarif assured the country’s private sector companies that the administration will facilitate and support investment in Nicaragua.
Iranian President Hassan Rouhani highlighted the country’s economic progress during his term, saying Iran’s economy is on the right track despite a whole host of problems that have gripped oil-exporting countries.
Iran is about to introduce credit card services processed by global payment operator MasterCard for the first time, Communications and Information Technology Minister Mahmoud Vaezi says.
An Iranian official announced that 13 luxury cars, which had been illegally smuggled into the country, will be crushed within a few days in an effort to combat smuggling.DF
Iran’s Minister of Communications Mahmoud Vaezi said the time is ripe for mutual cooperation between the two countries in the fields of e-commerce and financial post services.
South Korea is about to help Iran on water supply and management and wastewater treatment under three memorandums of understanding signed in Tehran on Sunday, August 7.
A major project to foster trade connectivity through a less trodden path straddling a promising market is about to feature prominently in discussions when...
Within the past four months, Iran’s tourism industry has earned nearly $1m per hour thanks to the massive influx of foreign tourists in the country after the nuclear deal between Tehran and world powers, an official said.
Japan is going to start implementing six major investment projects in Iran, three of which are in the historically-deprived province Sistan and Baluchestan in the country’s southeast, an official announced.
South Korean companies will be able to carry out business with Iran in euros as early as next month, enabling the Asian country to cash in on new opportunities from lifting of sanctions on Tehran.
Iranian Oil Minister Bijan Namdar Zanganeh said the main reason behind recent blazes at a number of petrochemical complexes in the country is the failure of some private companies to provide funding for Health, Safety and Environment (HSE) parameters.
The general manager of Bushehr Province Department of Ports and Maritime Organization said some 240 foreign oil supertankers have so far docked at Iran’s southern Kharg oil terminal since the implementation of a lasting nuclear deal between Tehran and world powers.
More signs have appeared to show that East Asian countries are interested in Iran’s fish farming business. China has joined South Korea to announce that it is planning to invest $3 billion in Iran’s fisheries.
After a considerable temperature rise, Saudi Arabia’s crude oil exports have dramatically declined as the country’s power plants must consume higher amounts of crude oil to cope with the increased demand of the hot season.
In a meeting in Tehran, Speaker of Iran’s Parliament Ali Larijani and Bulgarian Prime Minister Boyko Borissov explored the avenues for promoting mutual cooperation between Tehran and Sofia.
