Business

The presence of women and the youth heralds profound changes in Iran’s economy

The business atmosphere in Iran has gradually become more welcoming to women, said Fatemeh Moghimi.

Nanotechnology tapped to produce strong aluminum alloy

Production of alloys with high strength and reduction in production costs and energy consumption are some of the advantages of the new method.

Iran’s light crude price rises by $9

The government envisages different scenarios with regard to oil prices and prepares itself for any rate, said the economy minister.

Iran ranks 18th among world carmakers

A 2014 OICA report has shown that Iran’s car production increased by 46.7 percent in a year, with China topping the list.

Russia, Iran sign new agreement on Bushehr power plant

The two sides came to the agreement that Roseenergoatom, a subsidiary of Rosatom, will take part in building new power stations in Bushehr.

Western rivalry against the backdrop of nuclear talks

Arman-e Emrooz says in an opinion piece that the US is making preparations for getting into the Iranian market after Tehran and P5+1 strike a final deal.

Resistance-based economy does not mean shutting the doors to outside world

Iran's big names in economics lend support to what the Supreme Leader has outlined as the general policies of resistance-based economy.

Figures that have done a number on Greek life

Official statistics released in Greece show that people are crunching a set of new numbers in the wake of the country’s debt crisis.

Iran to provide Iraq’s Kurdistan Region with gas, gasoline

Iran has signed a memorandum of understanding with Iraq’s Kurdistan to export gas and gasoline to the semi-autonomous region.

An Iranian gem by origin, a Turkish stone by name

Turquoise is an opaque, blue-to-green mineral of Iranian origin, but it is sold in world markets as a Turkish product.

Iran ready to introduce single forex system

A single forex rate system will be possible only after financial markets witness relative calm, said Tayyebnia.

Imports, contraband inflicting damage on Iran’s economy: Leader

Today, the pressure of imports is crippling the country, and there are very peculiar figures for the inflow of contraband to the country, said the Leader.

With or without sanctions, we’ll pursue resistance-based economy: VP

Eshagh Jahangiri described resistance-based economy as one which remains unfazed in the face of local and foreign shocks.

Time is perfect to cut dependence on oil: Economy minister

Dr. Ali Tayyebnia said the present juncture offers the best opportunity to reform the economy and cut dependence on oil.

Iran’s economic woes predate sanctions: Larijani

Economic independence is not tantamount to slamming the doors shut to the world, said Iran’s Parliament Speaker Ali Larijani.

Iran’s car sales up 32%

Saipa has announced a rise in its production and sales in 2014, saying that it has currently two plans in the works to defeat sanctions and increase sales.

WTO stresses support for Iran’s tourism industry

WTO Secretary-General Taleb D. Rifai has underlined that the World Tourism Organization is planning to help with promotion of tourism industry in Iran.

14 consortia ready to finance Iran-Iraq gas pipeline: Official

An Iranian energy official has said that 14 domestic consortia have voiced readiness to finance the construction of a pipeline that will transport Iran’s natural gas to Iraq.

Anti-Iran sanctions will be removed

The Iranian oil chief has said that the government and its nuclear negotiators have always been under the auspices of the Supreme Leader whose “expediencies and guidance” will help rid the country of sanctions.

Gas-sweetening solvents indigenized by Iranian researchers

Scientists at the Research Institute of Petroleum Industry in cooperation with the National Iranian Gas Company have indigenized solvents used in gas-sweetening units of refineries.

Iran launches world’s largest floating oil terminal in Persian Gulf

The 2.2-million-barrel floating oil storage unit (FSU) came on stream in Soroush oil region.

Iran ready to export technical services to Egypt: Deputy minister

Tehran-Cairo disputes have never been deep-rooted; both nations have a common stand on various regional and international matters, said Khazaei.

Iran’s auto production up by over 60%

Iran’s auto industry has raised its production of motor vehicles by over 60% over the past 10 months, according to local reports.

IMF calls Iran 2nd biggest economy in ME, N. Africa, Central Asia

The International Monetary Fund has said in its latest report that Iran is the second biggest economy in the Middle East, North Africa, and Central Asia.

Iran seeks alternative ways to increase non-oil revenues

President Rouhani has said that Iran should invest more in new technologies and related areas to increase its non-oil revenues.

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