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

Shamkhani: Iran and Russia priority is expanding economic ties

IFP Editorial Staff -
Secretary of Iran’s Supreme National Security Council Ali Shamkhani says the top priority of Tehran and Moscow is to expand their economic ties.
Economy

Expert: First 10 months of current year was ‘inflation peak’ in Iran

Mahdi Arman -
An economic expert highlights a significant rise in Iran’s inflation under President Ebrahim Raisi, saying the first 10 months of the current Persian calendar year marked the peak of the country’s inflation in over seven decades.
Economy

Official: Iran non-oil exports rose by 17.66 percent to $45.3bn in ten months to January

IFP Editorial Staff -
Iran’s Customs Administration says the ten month exports of non-oil products in the country has hit 45.3 billion dollars, which is a 17.66 percent rise in terms of value compared to the same period of the previous year.
Economy

Uzbek president urges road map for economic cooperation with Iran

Mahdi Arman -
Uzbekistan’s President Shavkat Mirziyoyev has called for the formation of a joint committee by the Foreign Ministries of Iran and Uzbekistan in order to draw up a road map for economic cooperation between the two countries.
Economy

Shamkhani: Iran-Russia economic cooperation part of strategic agreements

IFP Editorial Staff -
Secretary of the Supreme National Security Council of Iran Rear Admiral Ali Shamkhani has underlined the need to speed up the implementation of joint economic projects with Russia, which were earlier agreed by the presidents of the two countries.
Energy

Iran oil exports end 2022 at a high despite sanctions

IFP Media Wire -
Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite US sanctions, according to companies that track the flows.
Economy

High-ranking Iranian economic delegation in UAE

IFP Editorial Staff -
A delegation of the Islamic Republic of Iran headed by Deputy Foreign Minister for Economic Diplomacy Mehdi Safari is in the United Arab Emirates to explore ways of boosting bilateral economic ties.
Economy

Iran ‘resumes exports to Saudi Arabia’ amid diplomatic process

IFP Editorial Staff -
An Iranian economic expert says the country has resumed sales to Saudi Arabia despite troubled ties between the two neighbors, with the value of exports to kingdom having reached around $15 million in seven months.
Transportation

First direct shipping line from China to Iranian port city of Chabahar

Mahdi Arman -
The first ocean liner from China has docked in Chabahar Port in southern Iran.
Economy

Iran pursuing border diplomacy with Pakistan, Afghanistan: Interior minister

IFP Editorial Staff -
The Iranian interior minister highlights the strategic significance of the country’s southeastern frontiers, saying the Tehran administration is pursuing an agenda to promote border diplomacy with neighboring Pakistan and Afghanistan.
Economy

Iranian ambassador to Muscat: 73% rise in mutual trade

IFP Editorial Staff -
Iran’s Ambssador to Oman  has said trade between the two countries has increased by 73 percent.
Economy

Iran sends 4th ship carrying domestically-made goods to Venezuela

IFP Editorial Staff -
Iran dispatches a ship to Venezuela carrying a cargo of domestically-made goods as part of Tehran’s policy of promoting non-oil products in the international market.
Local

Iranian daily slams rising prices: Govt. officials incapable of running affairs

Mahdi Arman -
An outspoken Iranian daily criticizes a dramatic rise in prices and a drop in the value of the national currency, saying the economic shock shows the administration’s managers are unable to run the country’s affairs.
Economy

‘Value of Iran-Russia trade exceeded $4bn in first 10 months of 2022’

IFP Editorial Staff -
A senior Russian customs official says the value of Iran-Russia trade surpassed $4 billion in the first 10 months of 2022, with the amount exceeding the figures recorded throughout entire 2021.
Economy

Statistics: Over 3 million lost jobs or left Iranian labor market in one year

IFP Editorial Staff -
Figures show more than three million people in Iran have either lost their employment or left the labor market in the country over the past year.
Economy

Official: Huge rise in number of trucks passing Iran-Turkmenistan border crossing

IFP Editorial Staff -
Turkmenistan’s trucks have started their traffic across the border with Iran after a 3-year hiatus due to the Covid pandemic.
Economy

Iran’s oil exports continue despite US sanctions: Raisi

IFP Media Wire -
Iranian President Ebrahim Raisi has stated that the enemy wanted to interrupt Iran’s trade with sanctions, but the country's oil and non-oil exports did not halt for a moment.
Economy

Belarus PM says his country and Iran draw up trade cooperation document  

IFP Editorial Staff -
Belarus Prime Minister Roman Golovchenko says his country and Iran are drawing up an inclusive document of commercial and economic cooperation.
Economy

Iran, Russia sign 4 cooperation documents

IFP Editorial Staff -
Iran and Russia have signed four cooperation documents, including a Strategic Roadmap for the Development of Bilateral Relations.
Economy

Raisi: Enemies sparked unrest in Iran to sour administration’s success

IFP Editorial Staff -
Iran’s President Ebrahim Raisi suggests that the recent unrest in the country has been instigated by enemies to mar his administration’s success.
Economy

President Raisi: Independent nations should work together to offset sanctions

IFP Editorial Staff -
Iranian President Ebrahim Raisi says sanctions can be neutralized through expansion of ties among independent nations.
Energy

Nigerian ambassador says Iran to build refinery in the African country

IFP Editorial Staff -
The Nigerian ambassador to Tehran says Iran is planned to construct a refinery in his country as part of economic agreements signed with western African nations.
Economy

Private sector official: Cost of internet filtering to businesses well over $3bn announced

IFP Editorial Staff -
The Iranian private sector’s House of Industry and Mine says the cost of over a month of strict internet filtering in Iran due to protests and riots is far higher than the nearly $3bn announced by the Iranian chamber of commerce.
Economy

President Raisi: Iran witnessing growth in exports despite sanctions, threats

IFP Editorial Staff -
Iranian President Ebrahim Raisi says the Islamic Republic has recorded a significant growth in exports, including non-oil sales, despite all the economic sanctions and threats against the country.
Economy

“Small businesses on their last legs in Iran”

IFP Editorial Staff -
A member of the Iranian Association of Online Businesses has said visits to these businesses have been diminished due to the internet outage in Iran.
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