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Economy

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.

Economy

Iranian industry chief makes appealing offers to foreign investors at Expo Milano 2015

Golrokh Askarieh -
Nematzadeh said Iran stands ready to establish cooperation with foreigners in the fields of tourism and large- or small-scale production.
Economy

Iran, Azerbaijan plan to establish joint bank

Emad Askarieh -
The minister of communications and information technology has said that a number of Iran's private banks are interested in entering Azerbaijan's banking market.
Economy

Two Iranian banks to start operating in UK soon: CBI head

Emad Askarieh -
The CBI governor has said that Iran and Britain seek to exchange banking delegations in order to pave the way for cooperation between Iranian and British banks.
Economy

India eyes LNG imports from Iran’s Chabahar Port

Golrokh Askarieh -
Iran has offered a proposed rate of $2.95 for each million British thermal unit of LNG that it plans to sell to India in the future, said the Indian union transport and shipping minister.
Economy

Iranian exports to EU up 14% in six months

Golrokh Askarieh -
Experts expect that Iran's trade with the world, especially the European countries, will rise remarkably after the final nuclear deal between Tehran and P5+1 takes effect.
Economy

Iran nuclear deal to boost Tehran-Moscow trade ties: Official

Emad Askarieh -
Trade turnover between Russia and Iran could significantly rise after the Iran nuclear deal is ratified, said Asgaroladi.
Economy

Iran to resume carpet exports to US: Official

Golrokh Askarieh -
The termination of general and direct sanctions against Iran will have a major impact on the increase of carpet experts to the US, Hamid Kargar said.
Economy

Europe, US may invest in Iran glass industry

Golrokh Askarieh -
Iran’s gas manufacturing industry has caught the eye of many foreign investors after the nuclear accord but we have to wait and see what happens to the outcome of the talks, said the head of the Iranian Glass and Crystal Producers Association.
Economy

Iran’s economy grows if and when helped by the younger generation

Golrokh Askarieh -
The head of Tehran Chamber of Commerce warns of a new class of rich people who were born under the previous government, saying they can become the bane of Iran’s economy.
Economy

Iran exported $60 million worth of carpets in 4 months

Golrokh Askarieh -
The Iranian hand-woven carpets have been exported to 80 countries, said the head of the National Carpet Center.
Economy

Official invites Japanese banks to launch branches in Iran

Golrokh Askarieh -
Iran’s free trade zones are appropriate for the establishment of branches of Japanese banks and insurance companies, said Afkhamirad in a meeting with a top Japanese delegation.
Economy

Spanish traders to visit Iran Monday

Golrokh Askarieh -
The Spanish group is coming to Tehran to sign an MOU on cooperation with Iran Power & Water Industries Equipment and Services Export Company.
Economy

Italy’s Fata inks $543 million Iran power deal

Emad Askarieh -
Italy’s Fata, the engineering unit of the country’s leading industrial group Finmeccanica, has signed a 500 million euro ($543 million) contract with Ghadir Investment Company to build a power plant in Iran.
Economy

Level of trade relations with Italy above normal: Iran’s Zarif

Emad Askarieh -
Parliamentary and judicial exchanges, cooperation in education, and combating narcotics trafficking and organized crime were among issues raised at a meeting between the two top diplomats.
Asia

Iran, Azerbaijan mull expansion of economic cooperation

Emad Askarieh -
Termination of sanctions after the conclusion of a nuclear deal between Iran and P5+1 has prepared the ground for expansion of economic cooperation between the two countries, said Tayyebnia.
Economy

US preparing for joint commerce chamber with Iran: Official

Golrokh Askarieh -
Mohsen Jalalpour said Iran will start to do the same thing two months after the formation of a chamber in the US.
Economy

Iran billed ‘most lucrative’ hospitality market

Golrokh Askarieh -
According to Iranian officials, hotel groups from Germany, Greece, South Korea and Singapore have recently traveled to Iran for talks.
Economy

Car imports into Iran down by 68%

Emad Askarieh -
The plunge in car imports comes against the backdrop of Iranian officials' plans to boost auto exports from the country.
Economy

Volkswagen on course to replace Peugeot in Iranian market

Golrokh Askarieh -
Iran Khodro has reached the conclusion that in the current conditions, Volkswagen is a better choice for partner and can better help promote the Iranian automotive industry.
Economy

We in Greece are fighting to topple capitalism

Golrokh Askarieh -
The Central Committee of the Communist Party in Greece has said that the ruling party, Syriza, is seeking to humanize the savagery of capitalism, vowing to fight on until it gets the better of capitalism.
Economy

Long-time cooperation with Europe, Iran’s priority: Minister

Golrokh Askarieh -
The Islamic Republic of Iran's priority in its ties with Europe is long-term, sustainable, mutual cooperation, said Nematzadeh in his meeting with the Austrian president.
Economy

Iran’s annual gold production to hit 7 tonnes

Emad Askarieh -
Iran’s gold output is estimated to rise to 7 metric tons by 2017 which could significantly improve the country’s place among the world’s producers of the precious metal.
Economy

Iranian, Austrian officials review technological cooperation

Golrokh Askarieh -
Addressing a closing ceremony of the two-day Iran-EU conference dedicated to “EU-Iran – Post Sanctions Era” in Vienna, Sattari elaborated on developing markets in Iran.
Economy

Iran, Europe finalize $2 billion of projects

Emad Askarieh -
Iran and the EU have opened a conference on trade and investment in Vienna, with Iranian officials pledging to splash out more than $180 billion on oil and gas projects.
Economy

West realized anti-Iran sanctions had to go: Nahavandian

Emad Askarieh -
President Rouhani's Chief of Staff has welcomed expansion of economic and banking ties with Switzerland, saying that Swiss banks can play a positive role in Iran’s bank transactions and economic activities.
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