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's Oil Minister Bijan Zangeneh says the country is currently exporting 300,000 barrels per day of crude oil to European countries and the figure will rise when new contracts are signed with European oil majors.
The Chief Executive Officer (CEO) of Vinci SA, a France-based company, said the group is in initial talks with Iran over construction of high-speed train stations in the Islamic Republic following the termination of anti-Tehran sanctions.
France’s energy giant Total will start importing 160,000 barrels per day (b/d) of crude oil from Iran later this month, Iran’s petroleum minister says.
Iran and Japan have signed an investment agreement in a bid to boost economic cooperation after the lifting of nuclear-related sanctions against Tehran.
Iranian stocks have climbed to their best performance in a year, buoyed by international rush for business in the wake of a nuclear deal which went into effect last month.
The National Iranian Copper Industries Company (NICICO) and Germany’s MKM Mansfelder Kupfer und Messing GmbH, which is one of the largest European holding companies, signed a one-billion euro deal to develop cooperation in copper industry.
Austria’s Raiffeisen Bank International (RBI) says it wants to open a branch in Tehran “as quickly as possible,” becoming the first foreign lender to set up shop in Iran after the lifting of sanctions.
Germany's Linde Group and Japan's Mitsui have said that they are planning to jointly invest $4bn in a number of petrochemical projects in Iran, an official said.
Iran’s Ministry of Agriculture bans state imports of wheat in the coming Persian year which begins on March 20, ordering officials to stop registering new purchase orders.
Managing Director of Exports Development Bank Ali Salehabadi said a credit line with a value of 20 million euro has been provided for export of goods to Russia.
Germany’s industrial gases company Linde and Japan’s Mitsui Chemicals plan $4 billion of investment in Iranian petrochemical projects, an energy official says.
Iran's Ambassadorto Turkey Ali-Reza Bigdeli announced banking relations between the two countries go back to normal and Bank Mellat will resume its operations in...
Iran is pitching its prized carpets for the US, a traditional market warped by cycles of sanctions which have allowed cheaper craft from India, Pakistan and China to secure a foothold.
Iranian President, Hassan Rouhani, met with CEOs of major French companies as he arrived in Paris on Wednesday afternoon.
Welcoming Rouhani’s visit to Paris, Foreign...
Iranian market with population of 80 millions is a golden opportunity for European and Asian countries to make investment and Iranian neighboring countries are trying to make utmost benefit from reentry of Iran into world economy.
Iranian President Hassan Rouhani has expressed the country’s readiness to attract foreign investment and for a win-win economic exchange with other nations.
A regional official of International Civil Aviation Organization (ICAO) said Iran's safe airspace has encouraged foreign airlines to seek passage through Iran’s flying zone.