Economy

Industries Ministry: Iran welcomes foreign investment in mining sector

The Deputy Minister of Industries, Mines and Trade says Iran has set the stage for foreigners to invest in its mining and mineral industries.

Iran’s saffron exports hit $83 million mark

Iran registers a 20 percent rise in its saffron exports in the first half of the Iranian calendar year, earning more than 83 million dollars in revenues.

Politicizing approach towards Iran to hurt World Bank’s credit

Iran’s economy minister took a swipe at unfair sanctions and the politicized approach of the World Bank toward Iran.

Iran planning to boost economic relations with Caspian Sea nations

Iran has stressed that it is determined to boost trade ties with all the neighboring countries, especially the Caspian Sea littoral states.

Iran is set for economic leap

The government of Prudence and Hope is determined to clear the hurdles in the way of economic activity.

Hand-woven Persian carpet motifs to be registered globally

Iran is bent on taking out patents on its world-famous carpet motifs.

Sweden and Iran take steps toward closer economic ties

Swedish commercial attaché holds talks with a senior Iranian Chamber of Commerce official to explore avenues of forging closer economic ties.

Iran Chamber of Commerce, JICA, John Hopkins launch business clinic

Iran’s chamber of commerce taps into foreign experience to promote business.

Iran, Spain call for bigger role of private hands

Iran and Spain take steps toward establishing closer private-sector cooperation.

Iran, Russia sign MoUs to boost economic, trade ties

Iran and Russia have agreed to use national currencies in bilateral trade.

Iran, Russia can boost trade exchanges tenfold

The value of bilateral trade between the Islamic Republic of Iran and Russia can rise more than tenfold, Iranian Oil Minister Bijan Namdar Zanganeh says.

Over 20 Czech business firms to visit Iran in mid-September

Representatives from more than 20 Czech business companies plan to visit Iran in mid-September.

No expense is spared to pitch Iranian carpets internationally

The government has its sights on the extensive promotion of Iranian carpets across the world to help the industry reclaim its past glory.

Iran’s non-oil exports up 21 percent

The Trade Development Organization says the country’s non-oil exports have posted double-digit growth.

Iran’s foreign debts down 9.7 percent

Iran’s foreign debts decline almost 10 percent in a year.

Enhancement of Iran, Italy Economic Ties Discussed

Senior Iranian and Italian trade officials explored new avenues for paving the way for the promotion of cooperation in various fields, specially in agricultural and railway sectors.

Sanctions are not to blame for a rise in unemployment

Economists blame wrong policies rather than sanctions for Iran’s unemployment crisis.

Iran’s 3-month carpet exports rise 23%

Iran exported 1000 tons of hand-made carpets in spring 2014, a 23 percent growth in weight compared to spring 2013, the acting director of Iran's National Carpet Center said on Wednesday.

Iran sanctions cost US economy $175bn: NIAC

The US sanctions against Iran have cost Washington as much as USD 175 billion dollars in losses for not doing business with the Islamic Republic, a Washington-based think-tank has found.

Iran’s Bushehr Province, Qatar Become Economic Partners

Qatar and Iran's southern province of Bushehr penned an agreement for economic cooperation.

Final nuclear deal to spur Iran economy: CBI official

A senior Iranian banking official forecasts a six-percent economic growth for Iran in case Tehran and six world powers reach a final accord on the Islamic Republic’s nuclear program.

Rouhani: government committed to curb inflation

Iran’s Hassan Rouhani is in Khorramabad visiting the general public; says government is committed to curb inflation.

Azerbaijan Planning to Promote IT Cooperation with Iran

Azerbaijan’s Communications and Advanced Technologies Minister Ali Abbasov plans to pay an official visit to Tehran in the second half of June to promote Tehran-Baku ties in various fields of communications and information Technology (IT).

Iran’s Economy Minister in Kazakhstan to Attend 4th ECO Ministerial Meeting

Iranian Economy Minister Ali Tayyebnia left Tehran for Kazakhstan to attend the Fourth Ministerial meeting of the Economy Cooperation Organization (ECO) in the central Asian country.

Iran-Russia propose to establish joint financial firm

Iran’s ambassador to Moscow and Russian deputy-minister of finance have proposed establishment of a joint financial firm.

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