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 media in Seoul have reported that Korea Gas Corporation (KOGAS) is considering a project to build a subsea pipeline to take natural gas from Iran to Oman – what would bring Tehran closer to an ambitious plan to become an exporter of liquefied natural gas (LNG).
Iranian President Hassan Rouhani on Monday hailed the existing potentials for expansion of trade ties between Tehran and Hanoi, and declared a decision by the two sides to boost the annual bilateral trade to $2 billion in five years.
Tehran’s benchmark TEPIX index rises above the 80,000-point mark for the first time in two years, driven by continued optimism about prospects of an economic growth following the lifting of sanctions.
The foreign ministers of Iran and New Zealand on Sunday emphasized the importance of expanding bilateral relations, particularly in the economic sector.
Japan is to deliver medical devices worth 1.2 billion yen ($10.5 million) to Iran as per a grant aid agreement which is being entered into effect Saturday.
Iran calls for the facilitation of its banking transactions and trade exchanges with world countries following the January removal of sanctions against Tehran, the chief of staff of President Hassan Rouhani says.
A huge delegation of British businessmen is planned to travel to Iran in May in a bid to explore business opportunities in the Islamic Republic following the termination of anti-Tehran sanctions.
Iran on Tuesday announced that it had exported 32 tons of heavy water to the United States in what could be a landmark progress in the commercialization of the country’s nuclear energy program.
U.S. investors are at risk of getting shut out of deals in Iran while their European competitors get a head start on billions of dollars in opportunities unlocked by the lifting of international sanctions, according to Greylock Capital Management.
Several Iranian officials have warned European banks that they might miss out on opportunities provided by the lifting of sanctions if they continue to dawdle on returning to the country.
Indonesia plans to buy 120,000 barrels per day of Iranian crude oil, an official with Pertamina, an Indonesian state-owned oil and natural gas corporation, said Friday.
Iranian Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh said the Islamic Republic is seeking to boost industrial cooperation with neighboring Afghanistan in the near future.
Iran sees a “tangible” rise in oil shipments to international markets this month as the country is stepping up production and traditional buyers are reviving trade.
South Korean steelmaker POSCO - the world's sixth-biggest steel producer - has announced a plan to help build a $1.6 billion steel mill in southeastern Iran.
Zimbabwe’s Small to Medium Enterprises and Cooperative Development Minister Sithembiso Nyoni said on Tuesday that Iran has expressed interest in partnering in a project to breed up to 2,000 ostriches in the African country.
Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.
Iran on Sunday raised the possibility to force the Chinese car manufacturers out of its auto market in the next Iranian calendar year (to begin 21 March 2016).
