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.

43

Iran, India ink deal on Chabahar Port

Defying US warnings, India has signed an agreement with Iran to develop a port in the southeastern province of Sistan-Baluchestan.
iran

Iran, Algeria working to promote trade ties

Iranian and Algerian chambers of commerce are duty bound to encourage their private sectors to promote trade and embark on joint ventures, said Shafei.
Eni

Italy’s giant energy company ‘Eni’ eyes role in Iran

Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.
Mehdi Sanayee

Iran, Russia start using national currencies in banking transactions

The opening of a joint Iran-Russia bank account, presence of Russian banks in Iran and choosing a Russian bank for rial-based trade exchanges in Russia are some of the measures underway.
Peugeot_2010_logo

Peugeot to sign new contract with Iran Khodro

European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact.
leader

Supreme Leader: Domestic production key to solving economic woes

The Islamic Revolution leader has said that the country needs to rely on its domestic production if it wants to see its economic problems solved.
7

Iran, Russia ditch dollar, trade in ruble

Iran and Russia have started to use a mechanism which helps them ditch dollar and trade in ruble.
Rouhani-Iran

Iran’s dependence on oil hitting record low: Rouhani

President Rouhani has said that Iranians are equal before the law, adding all people, foreign tourists included, are protected by police and the law.
Valiollah Seif

Iran sees growth even under sanctions

The governor of Iran's Central Bank has said that Iran’s economy is “on the right track”.
Rouhani-Japan

Iran welcomes promotion of ties with Japan: Rouhani

The Iranian president has said in a meeting with the Japanese premier that poverty and lack of development are the key roots of terrorism in the region.

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