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

2015, year of economic boom for Iran: IMF

Emad Askarieh -
The IMF has projected a 2.2% real GDP growth for the Islamic Republic of Iran in 2015.
Asia

Foreign direct investment in South Asia

IFP Editorial Staff -
Iran, the fifth country in the region in terms of foreign investment absorption, stands a good chance of attracting more capital from abroad.
Economy

Iran allots $15.2b to develop joint oilfields with Iraq

Emad Askarieh -
Iran has allocated USD 15.2 billon for the development of joint oilfields with neighboring Iraq as part of the Islamic Republic’s plans to increase its oil output.
Economy

12th joint commission with Belarus in March

Emad Askarieh -
Tehran is ready to promote cooperation with Minsk in areas such as standardization, bourse, exports of techno-engineering services and holding exhibitions and providing related services.
Economy

Iranian parliament Committee to study Iran-Pakistan gas project delay

Emad Askarieh -
An Iranian MP did not rule out the possibility of a contractual penalty delay on Pakistan after it failed to honor its obligations under a joint gas pipeline project with Iran.
Economy

Iran, Belarus set to boost economic ties amid West bans: VP

Emad Askarieh -
Tehran and Minsk enjoy growing relations in the political and economic sectors, but both sides must take more serious steps to further strengthen their economic ties, said Jahangiri.
Economy

Iran’s economy grows 4 percent in six months

Emad Askarieh -
A report released by the Central Bank shows that Iran’s economy posted 4 percent growth in the first half of the year [started March 2014].
Economy

Saudi comments add to market volatility

Emad Askarieh -
A slump in prices is temporary and it will be “difficult, if not impossible” for OPEC to curb its oil production amid a glut, said Ali Al-Naimi, Saudi Arabia’s oil minister.
Economy

Iran to resume petchem exports to Europe

Emad Askarieh -
A consignment of linear low density polyethylene (LLDPE), measuring 2,000 tons with a total value of over $2 million, will be shipped to Belgium next week.
Economy

We need to attract foreign investment: Iranian deputy trade min.

Emad Askarieh -
Under a 5-phase joint venture between Iran and Kuwait a steel mill is to be set up in the Persian Gulf Special Mineral Industry Zone in southern Iran.
Economy

Iran, S. Africa eye $2 billion trade; a dream that can come true

Emad Askarieh -
It is not hard for Iran and South Africa to raise their non-oil trade to $2 billion if their business sectors earnestly get down to business.
Economy

Dependence of government’s public funds on oil should end: MP

Emad Askarieh -
Elias Naderan, a principlist MP, says government coffers rely on revenues generated by the government’s monopoly over oil industry and other natural resources.
Economy

Business as usual after 20 years; A German delegation is in Iran

Emad Askarieh -
A German trade delegation is in Tehran to talk business with Iranian officials and size up investment opportunities in the country.
Economy

Elecomp 2014 opens in Tehran

IFP Editorial Staff -
A four-day International Exhibition of Electronics, Computer and E-Commerce opens in Tehran.
Economy

Central Bank chief expounds on new banking corruption case

IFP Editorial Staff -
The corruption occurred between 2006 and 2012. However, officials learned about it in 2013.
Economy

Iran to release Persian Carpet Encyclopedia

Emad Askarieh -
The focus of Persian Carpet Encyclopedia is on designs, patterns and aesthetics, technical knowledge, management, economics and trade, history, geography and the styles of carpets.
Economy

Peugeot holding ‘intense’ talks to return to Iran

Emad Askarieh -
French car giant Peugeot eyes a comeback to Iran's lucrative market.
Economy

OPEC; the known unknowns

Emad Askarieh -
Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.
Economy

Economy should not be tied to the outcome of talks: Senior businessman

IFP Editorial Staff -
Asadollah Asgar-Oladi, a business magnate, says the Iranian economy has learned how to skirt the sanctions and its future should not be tied to the success of nuclear talks.
Economy

Non-OPEC members must participate in oil output cut

Emad Askarieh -
Oil Minister Bijan Namdar Zanganeh says it is not only up to OPEC to deal with growing market oversupplies, adding non-OPEC producers should to cooperate to limit oil production.
Economy

Bad luck often brings good luck

IFP Editorial Staff -
It’s a strategic miscalculation to assume that the lifting of sanctions will settle all of Iran's economic woes.
Economy

Iran’s non-oil exports rise 28 percent

Emad Askarieh -
Iran's non-oil exports in the first seven months of the year have brought in over $27 billion in revenues.
Economy

Iran’s economy is in for a big shock: Economist

Emad Askarieh -
An Iranian economist says a recent drop in oil prices will probably take a toll on Iran’s economy, complicating government efforts to draft a spending package.
Economy

Reciprocal Trade Visits between Iran, US on Agenda: Official

IFP Editorial Staff -
Trade offices will reopen in Iran and the US in the future.
Economy

Iran’s Sarakhs Trade Zone Welcomes Foreign Investment

IFP Editorial Staff -
Sarakhs Zone is ready to accept and cooperate with foreign investors who are willing to take part in the Zone's trade, economic and industrial activities.
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