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Economy Minister Reiterates Business-Friendly Strategy

EghtesadOnline: Economy Minister Ali Tayyebnia said the administration of President Hassan Rouhani has come a long way to salvage the country's economy from years of inefficiency and mismanagement by implementing reforms in key areas. These reforms, according to him, focus on supporting private enterprise, organizing the government's massive debts and overhauling the tax system.
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Publish Date:16/January/2017 | 04:59

20,000 Industrial Units Out of Recession

EghtesadOnline: Some 20,000 industrial units have emerged from recession since the beginning of the current Iranian year (March 20, 2016), the deputy minister of industries, mining and trade said.
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Publish Date:11/January/2017 | 05:07

Iran Approves $11.8b of FDI Post-Sanctions

EghtesadOnline: Iran approved the attraction of $11.8 billion in foreign direct investment during the 12 months to December 21.
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Publish Date:09/January/2017 | 14:41

Jahangiri: Culture can guide economic development

EghtesadOnline: First Vice-President Eshaq Jahangiri said on Saturday that culture can serve as a guide for the country's economic development and progress.
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Publish Date:08/January/2017 | 04:53

WB: Iran's foreign debt down 64% in 2015

EghtesadOnline: The World Bank has in its latest report put Iran's foreign debt in 2015 at $6.322, down almost 64 percent compared to the figure in 2011, when sanctions were issued against Iran.
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Publish Date:02/January/2017 | 18:20

Structural Economic Reforms Key to Sustainable Growth

EghtesadOnline: In order to maintain the 7.4% economic growth experienced in the first half of the current Iranian year (started March 20, 2016), there is a need to bring about structural economic reforms, motivate the private sector and forge constructive ties with countries that have resources and buoyant markets.
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Publish Date:02/January/2017 | 07:56

Iran 2025 Steel Target No Mirage

EghtesadOnline: The steel industry is one of the most strategic sectors of the Iranian economy, as it accounts for the bulk of the mining sector’s exports and revenue and is at the same time vital for the development of domestic infrastructure and key sectors such as oil.
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Publish Date:01/January/2017 | 05:47

Iran's Non-Oil Growth at 4.5% in H1

EghtesadOnline: Iran's economic growth during the first half of the current fiscal year (started March 20), excluding the oil sector, stood at 4.5%, the government spokesman and president of Planning and Budget Organization, Mohammad Baqer Nobakht, said on Monday.
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Publish Date:27/December/2016 | 05:26

Why Economic Growth’s Impact Is Not Evident?

EghtesadOnline: Iran’s gross domestic product grew 7.4% during the first half of the current Iranian year (started March 20) compared with the corresponding period of last year, the Central Bank of Iran said in its latest report.
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Publish Date:22/December/2016 | 11:43

CBI: Iran among fastest growing economies

EghtesadOnline: Central Bank of Iran (CBI) announced that the gross domestic product grew 7.4 percent in the first half of the current fiscal year (started March 20) compared to the figure for the same period last year.
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Publish Date:20/December/2016 | 09:59

CBI: Iran's economic growth hits 7.4%

EghtesadOnline: Central Bank of Iran (CBI) announced on Saturday that Iran's Gross Domestic Product (GDP) in the first half of the current Iranian calendar year (started on March 21) shows a 7.4% growth in comparison with the same period last year.
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Publish Date:18/December/2016 | 19:52

Iran welcomes foreign investment: Economy minister

EghtesadOnline: Iran welcomes foreign investors and facilitates their participation in the investment projects, Minister of Economic Affairs and Finance Ali Tayyebnia said on Tuesday.
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Publish Date:06/December/2016 | 21:33

Sanctions-Free Iran Beckons Foreign Investors

EghtesadOnline: With the majority of its nuclear-related economic sanctions lifted, companies around the world are making a beeline for Iran, which is music to the ears of global engineering, procurement and construction companies.
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Publish Date:13/November/2016 | 19:14