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Economy

Bringing you the very latest developments from the world of finance. With news, information and updates relating to investments, savings, retirement and QROPS, property, tax, currency and the stock market. Keeping your finger on the pulse.

Islamic Republic might Export Wheat to Neighboring Arab Countries

Islamic Republic might Export Wheat to Neighboring Arab Countries

Hassan Rezaeipour, Iranian economist, says local producers of wheat might start exporting their products to neighboring Arab countries in Persian Gulf rather than distrusting...
Iran's High Inflation Rate Causes Various Crimes

Iran’s High Inflation Rate Causes Various Crimes

Head of Mashhad Chamber of Commerce, Gholam Hossein Shafei, says the high inflation rate in Iran causes various crimes. He also asked the local...
Iranian Finance and Economic Affairs Minister Shamseddin Hosseini

Shamseddin Hosseini: “Economy of Resistance” is Impossible

The Supreme Leader of Iran, Ayatollah Ali Khamenei, believes the best solution for Iran's economy at this time is pursuing economy of resistance but...
Sanctions won't be Effective if Iran Reaches Agricultural Self-Sufficiency

Sanctions won’t be Effective if Iran Reaches Agricultural Self-Sufficiency

The whole of Iran’s economy is currently suffering from devastating financial sanctions imposed by the United States government on its fragile economy. The number...
Iranian Government Spokesman Gholam Hossein Elham

Iranian Government to Solve Economic Problems: Spokesman

Currently the economy of Iran is not in good conditions due to U.S. backed financial sanctions against the Islamic Republic. Iran is pursuing its...
Iranians Import Maserati Vehicles Despite Sanctions

Iranians Import Maserati Vehicles Despite Sanctions

Although the Italian company had decided to pull out from Iran's car market but the statistics show Iranians are still importing Maserati vehicles despite...
Iran Needs Competitive Economy

Hossein Kamali: Iran Needs Competitive Economy

Hossein Kamali, Minister of Labour under President Akbar Hashemi Rafsanjani, believes Iran needs competitive economy rather than relying on oil revenues. Islamic Republic is...
Saipa Pride and Tiba

Saipa to Sell Pride for $14,000 in Venezuela

Mohsen Javan, Saipa export deputy, discussed Iranian car manufacturer's plans for distributing its famous product, Pride, in other countries. According to this announcement, Saipa...
Mahmoud Ahmadinejad

“Implementing the Second Phase of Subsidy Reform Plan is The Best Solution for Iran’s...

Although a large number of experts and analysts are criticizing his government for subsidy reform plan, but Mahmoud Ahmadinejad believes all the economical problems...
Ali Larijani, the former chief of IRIB

Ali Larijani: Western Sanctions are not the Main Problems of Iran Nation

Ali Larijani, the Speaker of Iran's parliament, downplayed the affects of Western sanctions on Iran's economy and said the main problems of country are...
Health Care Costs Rise Significantly in Iran

Health Care Costs Rise in Iran

During the recent months health care costs have been increased significantly in Iran according to the official released reports. This is mainly because of...
Ali Motahari Ahmadinejad will be Summoned to Majlis if he Implement the Second Phase of Subsidy Reform Plan

Ali Motahari: Ahmadinejad will be Summoned to Majlis if he Implement the Second Phase...

According to the recent ratification of Iran's parliament, the government of Mahmoud Ahmadinejad is not allowed to implement the next phases of subsidy reform...