Economy of Iran

The European Union has extended a freeze on sanctions targeting Iran by one week, EU officials said June 30, as tense talks on agreeing a nuclear deal continued in Vienna.

Royal Dutch Shell has recently held talks in Iran to discuss business cooperation with the oil and gas-rich country, in preparation for the possible removal of international sanctions on Tehran.

Reza Zarrab?s road to export glory, recently recognized in a controversial award ceremony, was paved by a series of smart maneuvers designed to sidestep U.S.-led sanctions on Iran.  

Reza Zarrab?s road to export glory, recently recognized in a controversial award ceremony, was paved by a series of smart maneuvers designed to sidestep U.S.-led sanctions on Iran.  

Russia will begin importing Iranian oil under a long-heralded oil-for-goods barter arrangement in the coming week, Iran's oil minister was quoted as saying, more than a year after negotiations began. 

 State debts have increased by 1.1 billion euros in the first four months of the year, including tax rebates

By Sotiris Nikas

An Iranian airline that acquired nine passenger jets in defiance of US sanctions will begin using them on international routes this week, the Fars news agency reported on June 1.

By Anestis Dokas

Foreign investment in Turkey fell by more than one-third in March year-on-year, the government has said.

Net foreign direct investment (FDI) stood at $900 million in March, a decline of 37 percent from March 2014's $1.42 billion, the Economy Ministry reported on May 22.

Iran is expected to outline big oil and gas projects at a major industry event May 6, seeking to lure foreign investment while driving a hard bargain on potential deals.