China Ramps Up Oil Imports From Iran
China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.
Iran Among Top Gas Turbines Designers
Iran is now able to design and make a wide variety of gas turbines at world standards, said the managing director of MAPNA Group on Saturday.
Ocean port to be constructed on Jask coast, SE Iran
A senior official in the Ports and Maritime Organization of Hormuzgan Province said on Sunday that an ocean port plan was being prepared
Gold Price Analysis: XAU/USD prepares for $1800
Gold bounces off the ascending channel’s lower boundary support as a bullish impulse emerges.
Iran Economy Out of Recession: CBI Chief
Iran’s economy has emerged from nearly three years of recession caused by US sanctions and exacerbated by the spread of the coronavirus pandemic, the country’s top banker said.
Tehran, Vienna Exchange Views on Boosting Trade
Iran and Austria, on Wednesday and in the tenth meeting of the Iran-Austria Joint Committee which was held online, exchanged views on boosting bilateral trade and economic cooperation.
Oil Prices Drop As Traders Take Profits
Speculators have been selling oil over the past two weeks as prices continue higher and the appetite for profit-taking increases.
Italian Embassy in Tehran Holds Virtual Business Forum
The Italian Embassy in Tehran and the Italian Trade Agency (ITA) held a two-day virtual business forum on agricultural machinery on 9-10 March 2021.
Iran’s Blocked Funds in Luxembourg Estimated at $1.7b
A member of the presiding board of the Netherlands-Iran Chamber of Commerce says the amount of Iran’s blocked funds in EU countries is very lower than other countries and he can point to $1.7b of the funds blocked in Luxembourg.
Uzbekistan Eyes Boosting Trade with Iran to $1b
Uzbekistan Eyes Boosting Trade with Iran to $1b. Uzbek Deputy Foreign Minister Furqat Sadiqov in a meeting with the Head of Iran Chamber of Commerce (ICCIMA) expressed hope that the bilateral trade volume would hit $1b in five years.