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 has formulated plans to increase revenue from the tourism industry within the next ten years to an amount equal to the income generated by oil sales, Head of the country’s Cultural Heritage, Handicrafts and Tourism Organization (ICHHTO) Masoud Soltanifar said.
Iran’s mining sector is probably a new darling of foreign investors, with companies from China to Europe lining up to try their hand in one of the least developed industries in the resource-rich country.
Iran’s first cargo of petrochemical products in recent years has left for Egypt, marking the resumption of trade ties between the two major Muslim countries, the Mehr news agency says.
Officials with the European aircraft manufacturer Airbus will arrive in the Iranian capital on Sunday to talk about the sale of passenger aircrafts, but the American counterpart Boeing will not send any representatives due to visa problems, an Iranian official said on Saturday.
Iran’s largest oil tanker company says it is envisioning an international listing of its shares just as it prepares for its first sail to the European Union since 2012.
Bombardier, the Montreal-based manufacturer of planes and trains, is exploring how to enter the Iranian market now that western anti-Iran sanctions have been lifted. This is while the company faces challenges that confront all Canadian businesses looking to deal in Iran, Canadian Broadcasting Corporation reported.
Greece’s main oil refiner Hellenic Petroleum has reached an agreement with Iran for importing crude oil now that international sanctions have been lifted on Tehran.
Iranian FM Zarif says the country will soon present golden opportunities for various economic institutions and industries across the world for investment and exchange of technology.
An NIGC official has announced Iran’s willingness to launch gas talks with EU expressing the country’s readiness to supply European countries with natural gas.
Managing director of Italy's Genius Car Ltd announced that lifting anti-Iran sanctions is a special opportunity for the foreign firms, also the Italian ones, to be present in Iranian market.
Pakistan has not fulfill its commitments towards construction of a gas pipeline with Iran (IP) so far under the pretext ofsanctions, despite more than one year since the deadline specified in the contract. Now a high ranking Pakistani official says that there will be no problem and pressure from any third party to hinder construction of the pipeline upon lifting of sanctions.
The organizer of Iran private exhibition in Oman has said Iranian companies will attend the exhibition to maintain and improve Iran’s market condition.
South Korea’s official export credit agency KEXIM says it will consider raising its sovereign credit rating for Iran by one notch in anticipation of a strong economic growth.
The export credit agency of Britain, UK Export Finance (UKEF), has announced it would fully support expanding trade relations with Iran after removal of sanctions against the country following the IAEA verification that Tehran completely met its commitments upon the landmark nuclear agreement with the world powers.
Thailand hopes to bring its trade transactions with Iran to $5 billion from the current $356 million as the Islamic Republic prepares to receive sanctions relief.
The head of Renault-Nissan alliance has expressed the major car manufacturer’s readiness to expand its market in Iran upon the removal of sanctions against the country.
Iran has made the necessary preparations for raising crude oil output after international sanctions are lifted later this month, a senior official says.
