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Tuesday, 28 January 2014  /  Economy

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The U.S. Treasury’s Office of Foreign Assets Control (OFAC) will soon exclude Bandar Imam Petrochemical Co., Bou Ali Sina Petrochemical Co., Mobin Petrochemical Co., Nouri Mobin Petrochemical Co., Pars Mobin Petrochemical Co., Tondgouyan Mobin Petrochemical Co., Shazand Mobin Petrochemical Co., Tabriz Mobin Petrochemical Co., Jam Mobin…

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Tuesday, 28 January 2014  /  Economy

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Tweets: “A campaign 4voluntarily withdrawal for receiving govt subsides was launched by Pres. #Rouhani announcing withdrawal fr receiving #subsides”  …

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Tuesday, 28 January 2014  /  Economy

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Khamenei used his Twitter account to echo his economic guidelines for the government “Our economy suffers from dependence on oil. We should segregate our economy from oil. Govts should take care of it on top of their agenda”; economic plans of a country are tied to…

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Monday, 27 January 2014  /  Economy

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Bijan Namdar Zanganeh met foreign oil companies’ executives on the sidelines of the World Economic Forum in Davos. Zanganeh told Iran’s state-run TV “that we have arranged many plans to boost investment, enhance the recovery rate, technical activities and acquiring a deserved place in world markets, a…

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Friday, 24 January 2014  /  Economy

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In an interview with Entekhab News Agency that was also published on his official website, Ayatollah Hashemi Rafsanjani was asked about the involvement of military entities in the economy. Rafsanjani answered: our constitution clearly states that during peaceful times, military forces should not be kept in…

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Friday, 24 January 2014  /  Economy

Bijan Zanganeh met with Senegal’s Foreign Minister, and the two emphasized the need for economic development between the two countries. The Senegalese FM, who visited Iran as head of a delegation, met with Iran’s Oil Minister, who expressed full willingness of the private and government sectors…

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Friday, 24 January 2014  /  Economy

The unemployment rate of women between the ages of 15-24 hit a nine-year high this past summer, reaching 46%….

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Thursday, 23 January 2014  /  Economy

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Thursday, 23 January 2014  /  Economy

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Iran’s oil exports showed modest gains in January for the third consecutive month, according to sources that track tanker movements, adding to signs that the easing of sanctions pressure on Tehran is facilitating the recovery of oil exports….

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Wednesday, 22 January 2014  /  Economy

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Iranian Oil Minister Bijan Namdar Zanganeh said Iran has no obligation to observe oil export ceiling once sanctions are lifted. He said that Iran was facing problems such as export, insurance of oil tankers, insurance of cargo, problem of transportation, foreign vessels, etc, which will be eliminated by lifting…

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Wednesday, 22 January 2014  /  Economy

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Deputy Chairman of the Iran National Petrochemical Company Mohammad Hossein Peyvandi said that with implementation of the Geneva agreement, Iran can import ../../../../css/ded_that_if_sanctions_are_lifted_on_the_sale_of_technology_for_the_petrochemical_industries_in__8230_wusc6kmyteth0hx6u7kzai.css;

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Wednesday, 22 January 2014  /  Economy

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The Director of International Affairs in the National Iranian Oil Company Seyed Mohsen Ghamsari discussed a suspension of sanctions on oil container insurance, and emphasized that a lifting of the insurance sanctions does not help increase Iranian oil exports. According to Ghamsari, only when all of…

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Wednesday, 22 January 2014  /  Economy

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According to a Eurostat report, in November 2013, trade volume between Iran and the European Union increased by 14% in relation to October of the same year, from Euro 522.3 million to Euro 597.1 in November. The data further reveals that European exports to Iran increased…

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Wednesday, 22 January 2014  /  Economy

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In an interview with Quds Newspaper, Dr. Jamshid Pazhooyan of AllamehTabatabaeiUniversity said that with the lifting of sanctions, Iran cannot expect to compensate for the damages inflicted on the Iranian economy overnight. According to Pazhooyan, once Iran can insure its boats, sell oil and petrochemical products…

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Wednesday, 22 January 2014  /  Economy

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Immediately after the announcement on the suspension of 20% uranium enrichment, foreign currency rates dropped in Iran.  …

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Wednesday, 22 January 2014  /  Economy

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In a meeting with Chairman of Iran’s Chamber of Commerce Gholam-Hoseyn Shafe’i  Swedish Ambassador to Tehran Peter Tejler underlined Swedish enthusiasm for further expansion of ties with Iran, and expressed the hope that the two countries’ Joint Chamber of Commerce will soon start operation “We seek to revive the relations…

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Tuesday, 21 January 2014  /  Economy

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Fars News is reporting that an informed source has informed Fars News Agency that there banks have been designated to be in charge of transferring the frozen funds to Iran following implementation of the Geneva agreement.  According to the source, the banks are SOCIETE GENERALE, STANDARED…

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Tuesday, 21 January 2014  /  Economy

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Immediately after entering his position, Oil Minister Bijan Zanganeh announced that he is placing at the top of his agenda completion of the five old phases 12 and 15-18 of the joint gas field with Qatar, South Pars, while waiving development of the new phases. As…

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Tuesday, 21 January 2014  /  Economy

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Acting chairman of the Iran Trade Development Organization Saeed Mir Abutalabi said that in light of the large volume of requests to travel and visit Iran, a long line of foreign delegations has formed that wish to visit Iran. According to Abutalabi, the Europeans are now…

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Tuesday, 21 January 2014  /  Economy

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Head of the Regulatory Division in the Central Bank of Iran Hamid Taharanafar discussed the issuing of Visa and MasterCard in the Iranian market by certain companies, and said that these credit cards are not issued in Iran but by several foreign banks. According to Taharanafar,…

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