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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.

Iranian Deputy Oil Minister, Abdolhossein Bayat

Iran to Export $13b Worth of Petrochemical Products

Iranian Deputy Oil Minister, Abdolhossein Bayat, says Islamic Republic is going to export $13 billion worth of petrochemical products by the end of current...
Asadollah Asgar Oladi Criticizes Government's Economic Policies

Asadollah Asgar-Oladi Criticizes Government’s Economic Policies

Asadollah Asgar-Oladi, a famous Iranian businessman, believes the local government has failed to apply right economic policies. He says the current high inflation rate...
Iranian Government to Validate Unemployment Rate of Country

Iranian Government to Validate Unemployment Rate of Country

Iranian government had always been criticized for announcing unreal unemployment rates. Local economists believe that Mahmoud Ahmadinejad's government tries to hide the real unemployment...
Iranian Deputy Oil Minister Javad Owji

Iranian Government to Increase its Budget for National Gas Projects

Iranian Deputy Oil Minister Javad Owji says the local government has not stopped its investments in gas industries. During the recent months, local newspapers...
Jafar Ghaderi, Member of Majlis Planning & Budget Commission

Iran to Increase the Price of Gasoline: Iranian MP

Jafar Ghaderi, Member of Majlis Planning & Budget Commission, says the Iranian government is working on a new plan to increase the price of...
Central Bank Governor Mahmoud Bahmani Iran CBI

Mahmoud Bahmani: CBI Aims to Bypass Sanctions

Central Bank Governor Mahmoud Bahmani says Iran's CBI aims to bypass financial sanctions by introducing new guidelines and issuing new orders. According to the...
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...

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