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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

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.
Economy

The heavens of Iran to become the heaven of flights amid hellacious conflicts

Emad Askarieh -
Foreign Airlines are willing to make a comeback to Iran’s sky which offers solace to airlines flying away from war-torn areas.
Economy

Iranian and Dutch businessmen meet to promote trade ties

Emad Askarieh -
Iranian and Dutch businessmen held talks at the Netherlands Council for Trade Promotion to bolster trade ties between the two nations.
Economy

Iran, Russia Plan to Use National Currencies in Bilateral Trade

Emad Askarieh -
Ruble and rial are going to replace the US dollar in bilateral transactions between Iran and Moscow.
Economy

India to go ahead with investment in Iran’s Chabahar Port

Emad Askarieh -
A new chapter in Iran-India trade relations; hurdles were cleared after Narendra Modi took office.
Economy

Iran ready for joint investment in Qatar

Emad Askarieh -
Visiting Qatari Minister of Economy and Commerce Sheikh Ahmad bin Jassim bin Mohammad al-Thani meets with Iranian officials, discussing bilateral ties and joint investment.
Economy

EBEX 2014, invest show opens in Kish

Emad Askarieh -
The first Kish International Exchange, Bank, Insurance, Capital Market and Privatization Exhibition (EBEX 2014) and the 6th Exhibition on Investment Opportunities in Iran Opened in Kish Island.
Economy

Canadian, Australian companies ready for gas cooperation

Emad Askarieh -
Companies from Canada and Australia have expressed readiness to put their money into Iran’s gas projects, the National Iranian Gas Company says.
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