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News about Iranian economy

1/3/2015   --   12:21 PM
IMF Terms 2015 as Year of Economic Boom for Iran

Economy - The International Monetary Fund (IMF) predicted a prosperous economic year for Iran in 2015.

1/8/2014   --   1:04 AM
Pakistan committed to IP Gas project, Senate body told

Economy - Pakistan’s Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said that government will not let such a situation arise that Iran could imposed penalty on us in case of failure to start work on IP project.

1/6/2014   --   11:48 PM
Iran to attract 10 million international tourists each year

Economy - Iran's tourism industry is booming, with more foreign travelers visiting the country than ever before. So much so that Iran's President, Hassan Rouhani, is hoping to attract 10 million international tourists each year, an increase from 4 million.

1/6/2014   --   11:46 PM
Iran’s return to oil markets will not lower prices: minister

Economy - The return of Iran to oil markets will not lead to a decrease in prices, Iranian Oil Minister Bijan Namdar Zanganeh said on Monday.

1/1/2014   --   5:13 PM
Iran Exports over $29bln of Non-Oil Goods in 9 Months

Economy - Iran earned over $29bln from exporting non-oil commodities to the foreign markets in the first nine months of the Iranian calendar year (March 21-December 20, 2013).

12/30/2013   --   9:00 PM
Iranian Experts to Assist Iraq in Drilling Oil Wells

Economy - The National Iranian Drilling Company (NIDC) plans to help Iraq with oil well drilling operations, a deputy head of the NIDC said.

12/30/2013   --   9:00 PM
Customs Data: Iran Has Positive Trade Balance with 83 World States

Economy - Iran has had positive trade balance with 83 world countries during the first nine months of the current Iranian year (March 21-December 20, 2013), Iranian Customs Data said Monday.

12/30/2013   --   8:58 PM
Iran to supply 1,000MW to Pakistan

Economy - Pakistan and Iran are set to sign an initial deal for the supply of 1,000 megawatts of electricity to overcome the crippling energy crisis in Pakistan.

12/28/2013   --   2:20 PM
Iran’s non-oil trade tops $62.5b in 9 months

Economy - Iran conducted $62.507 billion in trade of non-oil goods with other countries during the first nine months of the current calendar year which began on March 21, according to the latest report released by Iran’s Customs Administration.

12/27/2013   --   3:42 PM
Pakistan must complete IP gas pipeline’

Economy - A top Pakistani authority has urged the government to complete the Iran-Pakistan (IP) gas pipeline project to resolve the country’s energy crisis.

12/26/2013   --   6:13 PM
India’s exports to Iran rise over 12 times

Economy - After the ‘rupee payment mechanism’ for trading with Iran kicked in last year, India’s exports to the Persian Gulf country rose steeply, as Iran needs to buy goods from India to make use of the rupees that it gets for its oil exports.

12/24/2013   --   2:48 PM
China Ups Iran Crude Oil Imports in November

Politics - China more than doubled its crude oil imports from Iran in November month-on-month amid hopes for sanctions relief on Tehran, new customs data showed.

12/23/2013   --   6:50 PM
Iran Produces over 10mln Tons of Unprocessed Steel in 8 Months

Economy - Iran produced 10.594 mln tons of unprocessed steel in the last 8 months, showing a 9% increase in comparison with the same period last year, the Iranian Mines and Industries Development and Renovation Organization (IMIDRO) announced.

12/17/2013   --   5:48 PM
Iranian Firm Keen to Invest in IP Gas Pipeline Project

Economy - An Iranian firm has voiced willingness to shoulder all the financing expenses of the Iran-Pakistan (IP) gas pipeline, particularly the Pakistani part, a report said on Tuesday.

12/15/2013   --   11:57 AM
President Vows Rapid Development of South Pars Energy Field

Economy - Iran's President Hassan Rouhani said his administration attaches great significance to the development of the giant offshore South Pars gas field phases.

12/15/2013   --   11:54 AM
Presidential Aide: Iran Should Boost Cooperation with Oil Enterprises

Economy - A top aide to President Hassan Rouhani said Iran must increase its cooperation with international oil companies.

12/15/2013   --   11:51 AM
Iran, Iraq Finalize Gas Talks

Economy - Iraq’s Deputy Power Minister Adel Hamid Mahdi said talks have been finalized for Iran to start pumping gas to its western neighbor to power the Basra power plant.

9/11/2013   --   6:56 PM
Iran-Oman gas pipeline to be completed in 18 months: Envoy

Economy - Iran Ambassador to Oman Ali Akbar Sibouyeh says the pipeline which will carry natural Iranian gas to the Persian Gulf sultanate will be complete within a year and a half.

8/31/2013   --   4:23 PM
Tehran, New Delhi Close to Agreement on Indian Tanker under Custody

Economy - Iranian Deputy Minister of Road and Urbanization Seyed Ataollah Sadr announced on Saturday that Tehran and New Delhi are close to an agreement on the fate of an Indian oil tanker which was intercepted by Iran in the Persian Gulf earlier this month.

8/15/2013   --   12:18 AM
IKCO Diesel Engine Comes in 2015

Economy - Iran's largest carmaker, Iran-Khodro Company (IKCO), plans to equip some of its cars with its self-developed diesel engine by 2013 in order to develop its cars fuel portfolio as well as its domestic and international market share.

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