Economy

PayvandNews – The planned pipeline would connect Iran’s vast gas reserves with Omani consumers as well as with liquefied natural gas (LNG) plants in Oman that could re-export the gas. With a $7 billion project to pump gas from Iran discarded, a 1,300 km undersea pipeline is finding new proponents in India where they say natural gas from the Persian Gulf …

Al-monitor – This past summer, the Industrial Development and Renovation Organization of Iran (IDRO) concluded landmark agreements with French automaker Renault and transportation giant Alstom as well as Russian logistics company Transmashholding. Under each of these new deals, a foreign multinational corporation has agreed to establish a new joint-venture company in Iran in which it will be the majority shareholder. In the cases of Renault and …

PayvandNews – An investigation into the job market in Iran shows that employment among women has decreased in comparison with men during 2006-2013, but the trend has reversed over the past three years.  Although women’s participation rate has reached 17 percent in recent years, but the rate of women’s entrance to the job market is now more than 50 percent, according …

PayvandNews – Iran is planning to attract more foreign investors to its capital market through holding a series of international conferences to introduce this market, Hamid Rouhbakhsh, the director of public relations and international affairs of Tehran Stock Exchange (TSE), told the Tehran Times in an exclusive interview on Monday. Tehran Stock Exchange (TSE) Iran’s Securities and Exchange Organization (SEO) will …

PayvandNews – Iran will finalize financing contracts worth $30 billion within the next month, head of the Organization for Investment, Economic and Technical Assistance Mohammad Khazaei says, dismissing claims that the credit lines will leave the country in the red. “These finances do not mean putting the country in debt, but they will give a capability to the economy, the plans …

Al-Monitor – On Aug. 18, Iranian officials announced that they had now put in place the infrastructure to swap up to 500,000 barrels per day (bpd) of crude oil with its Caspian neighbors. Under these agreements, Iran would receive crude oil from Caspian producers at the northern port of Neka, feed that crude to northern refineries and then allocate crude oil from southern …

PayvandNews -The first phase of an enormous healthcare city was officially inaugurated in the city of Isfahan, central Iran, on Monday as the country avidly seeks to surge its global share of the medical tourism market. Health Minister Hassan Qazizadeh-Hashemi accompanied by several provincial officials cut the ribbon on Isfahan Healthcare City which is comprised of orthopedic, obstetrics and gynecology …

PayvandNews – Trade exchange between Iran and Europe increased 94 percent in the first half of 2017 from the same time in 2016, based on the latest figures released by the European Union’s statistics agency Eurostat. Volume of Iran-EU trades before and after sanctions (source: Islamic Republic News Agency) Iran-Europe trade stood at 9.9 billion Euros in the first six months of …

PayvandNews – The tourist flow from the U.S. to Iran has not been slowed down as its year-on-year rate shows no decrease in the stream, says the chief executive of the Iranian Tour Operators Association. Related Iran travel website: irandoostan.com “U.S. tourist arrivals to Iran have not come to a halt and the number of inbound tourists from the U.S. during the …

Al-monitor — Iranian society has undergone tremendous change in past decades, with women continuously playing a role in this transformation. Indeed, Iranian women have long sought a more active presence in society, gradually distancing themselves from the cliche of being mothers or wives. Today, they make up almost 70% of university applicants and half of the graduates. AUTHOR Maysam Bizaer Paired …