Economy

Iran Economy News

Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

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Europe, US may invest in Iran glass industry

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

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.
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Iran exported $60 million worth of carpets in 4 months

The Iranian hand-woven carpets have been exported to 80 countries, said the head of the National Carpet Center.
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Official invites Japanese banks to launch branches in Iran

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.
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Spanish traders to visit Iran Monday

The Spanish group is coming to Tehran to sign an MOU on cooperation with Iran Power & Water Industries Equipment and Services Export Company.
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Italy’s Fata inks $543 million Iran power deal

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

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.
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Iran, Azerbaijan mull expansion of economic cooperation

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.
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US preparing for joint commerce chamber with Iran: Official

Mohsen Jalalpour said Iran will start to do the same thing two months after the formation of a chamber in the US.
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Iran billed ‘most lucrative’ hospitality market

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

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