Loading...
You are here:  Top Stories  >  Economy

Economy

Latest

Thursday, 6 February 2014  /  Economy

Eshaq Jahangiri said that the nuclear agreement has weakened the architecture foundation the sanctions, adding that “they cannot impose sanctions on Iran easily.” He called for continued negotiations between Iran and the world powers, saying “In fact, negotiation is a difficult task that should be pursued.” Jahangiri also said that…

Read More →
Latest

Thursday, 6 February 2014  /  Economy

image016

Minister of Labor, Cooperatives and Welfare Ali Rabei has warned of the specter of rising unemployment and stressed the need for government support to entrepreneurship “Based on official statistics, we have 3.5 million unemployed now and 4.5 million university students will soon hit the job market.”…

Read More →
Latest

Wednesday, 5 February 2014  /  Economy

image012

At a conference held in Tehran on the economy and capital investments between Iran and France, Iran’s Minister of Commerce, Mines and Trade Mohammed Reza Nematzadeh discussed the strong potential of both countries to increase the level of trade, saying that if we realize the existing…

Read More →
Latest

Wednesday, 5 February 2014  /  Economy

image014

Head of the Presidential Office French businessmen are well aware of the Iranian economy’s diverse potential Mohammad Nahavandian, who is also former head of the Iranian Chamber of Commerce, Industries and Mines,  said that the visiting French 140 members business delegation should convey the message to…

Read More →
Latest

Wednesday, 5 February 2014  /  Economy

image015

Iran Air’s (national carrier)  executive director Farhad Parvaresh said that the embargo on the importation of aircraft spare parts to Iran were suspended following the Geneva deal. He said “Certainly, with the import of spare parts to Iran, at least 10 Iran Air aircraft, which were left idle due to the lack of…

Read More →
Latest

Wednesday, 5 February 2014  /  Economy

image018

In a “Javan” editorial headlined: “The reason behind America’s military threat”,  Hadi Mohammadi maintained that “It is true that America is using the sanctions-negotiations strategy towards Iran and that truly  believes that an ongoing economic pressure and sanctions will eventually lead to the submission of Iran and clear the…

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

image018

On Monday, a delegation that included 100 French companies, including Total, Alstom, Orange telecom and Renault,  arrived in Iran. A new round of talks are scheduled to begin in Tehran between the National Iranian Oil Company and French Total, as well as between the National Iranian…

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

Vice-president Mohammad Baqer Nowbakht confirmed  that Iran has received the first portion of unfrozen funds, $500 million, in line with the initial phases of the nuclear deal. Deputy Foreign Minister for Legal and International Affairs Seyyed Abbas Araghchi, added that “the first tranche of $500 million was deposited in…

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

image020

This issue has become a focal point for the Iranian media in recent days. It was written that the “distribution of the basket of products” was one of Rouhani’s election promises and on the first day of its implementation provoked serious protest by Majlis representatives who…

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

image022

Saeed Yasir Jabraeli, a doctor of political science, journalist and author, penned an editorial in Fars News titled “Iran’s Global Face Behind the Long Line for the Basket of Products” in which he wrote “Even a person who has experience in managing a company with a…

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

Jomhuri  Eslami editorial  maintained that  “These days, the supporters of the 11th (Rouhani’s) government and those who care about Iran and the (Islamic) system wish that during election debates Rouhani would have said ‘I am not a populist’ instead of saying ‘I am not a colonel’….

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

image024

 …

Read More →
Latest

Tuesday, 4 February 2014  /  Economy

In a newspaper interview, Levan Dzhagaryan claims that Russian oil company activity in Iran, and the possibility of acquiring crude oil from Iran is sparking tremendous concern among other nations, particularly the United States. According to Dzhagaryan, the gradual solution to Iran’s nuclear issues has increased…

Read More →
Latest

Friday, 31 January 2014  /  Economy

image020

Iran’s Statistical Centre announced that the inflation rate for the 12-month period ended the tenth Iranian calendar month of Dey (21 December 2013) hit 35%, a 0.5% drop compared to the previous month. The point-to-point inflation rate hit 27.5%. In November 2013, Iranian President Hassan Rouhani said his government plans to…

Read More →
Latest

Thursday, 30 January 2014  /  Economy

image014

At a press conference, Managing Director of the Organization for Investment, Economic and Technical Assistance of Iran and Deputy Economics Minister Behrouz Alishiri said that initial data reveals that over the past ten months, Iran raised approximately $3,450,000,000 in foreign capital investments, and that this sum…

Read More →
Latest

Thursday, 30 January 2014  /  Economy

image016

In the one week since implementation of the first stage of the Geneva agreement and the partial lifting of sanctions against Iran, citizens and experts believe that new hope has been created in Iran’s economic arena but no tangible, positive change has been experienced. During the…

Read More →
Latest

Thursday, 30 January 2014  /  Economy

image018

On the sidelines of a the cabinet’s weekly session, vice-president Mohammad Baqer Nowbakht said that the national budget for the next Iranian year “did not consider the (possible) achievements of the Geneva deal at all.” He added that oil revenues in the next year’s budget make…

Read More →
Latest

Wednesday, 29 January 2014  /  Economy

image024

During a meeting with Tehran Chamber of Commerce representatives, Deputy Foreign Minister for Legal and International Affairs and senior nuclear negotiating team member Seyyed Abbas Araqchi  said that according to Geneva deal, banks in Japan, South Korea, and Switzerland would carry out the transactions in a…

Read More →
Latest

Wednesday, 29 January 2014  /  Economy

image026

Khamenei’s representative in the IRGC Hojat al-Islam Ali Saeedi  said: “the IRGC’s construction arm  Khatam al-Anbia and its many subsidiaries has and will continue to limit their projects, aiming to turn over its national projects to the private sector that has the capacity to handle them.”…

Read More →
Latest

Tuesday, 28 January 2014  /  Economy

image018

Vice President for Maritime Affairs of the Ports and Maritime Organization of Iran in Hormozgan Province, Saeed Ali Estiri, announced that following the positive international atmosphere created by the Geneva Agreement, several international shipping lines have expressed a desire to renew their ship traffic to Iran….

Read More →