Annual Inflation Rate Reaches 40.5%
The figures published showed that the rise had been mainly driven by food prices, non-alcoholic beverages and services like healthcare and hospitality.
Tehran, Bishkek Need Cooperation Standards for Broadening Economic Ties
Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mr. Gholam-Hossein Shafei in meeting with governor of Osh Province of Kyrgyzstan Mr. Ziauddin Jamaledinov reiterated that both countries need definition of new cooperation standards for taking advantage of their capacities for broadening economic ties.
National Housing Movement’s 1st phase to be inaugurated in next Iranian month
The first phase of National Housing Movement will be inaugurated in the next Iranian calendar month Shahrivar (begins on August 23), the deputy transport and urban development minister announced.
Iran’s biggest solar panel production line goes operational
Iranian President Ebrahim Raisi inaugurated the country’s biggest solar panel production unit in central Markazi Province on Friday, IRIB reported.
Number of oil, gas wells dug by NIDC rises 25% in 4 months yr/yr
The number of oil and gas wells dug by National Iranian Drilling Company (NIDC) since the beginning of the current Iranian calendar year (March 21) has increased by 25 percent compared to the same period last year, according to the NIDC head.
Tehran, Moscow to Use Cryptocurrencies in Trade
Head of Iran’s Trade Promotion Organization (TPO) says the center for promoting trade with Russia has been activated in Iran and stressed that the license for setting up the Iran Trade Center in Russia has been issued that it will work as Iran’s trade embassy in Russia.
New horizons of Tehran-Moscow partnership against West
As major players in the world and West Asia’s political and economic scene, Iran and Russia have been expanding political and economic ties for many years, however, the relations between the two countries have entered a whole new level over the past few months.
Iran’s Integrated Forex Market launches Ruble/Rial currency pair
Iran’s Integrated Forex Market has launched the Ruble/Rial currency pair in its trades, IRNA reported.
NIOC, Gazprom Strike $40b MoU
The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth roughly 40 billion dollars.
Talks Underway for Preferential Tariff With Indonesia
Head of Iran Trade Promotion Organization (TPO) announced beginning of talks for creating preferential tariff with Indonesia as well as free trade with Serbia.