Wednesday, 19 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Omani Banks Likely to Open Accounts for Iranian Companies 14 Feb 2021

Omani Banks Likely to Open Accounts for Iranian Companies

Head of the Iran-Oman Joint Chamber of Commerce Mohsen Zarrabi says talks are underway with Omani banks to open accounts for Iranian companies active in this sultanate.

Gold Price Analysis: XAU/USD rebounds $20 to $1830 as DXY drops sharply 13 Feb 2021

Gold Price Analysis: XAU/USD rebounds $20 to $1830 as DXY drops sharply

A reversal of the US dollar across the board triggered a rally in XAU/USD. Gold jumped $20 from the low, hitting a fresh daily high at $1830.

Brent Oil: A rally to $70 is technically possible 13 Feb 2021

Brent Oil: A rally to $70 is technically possible

This week, Brent Oil prices broke through the technical resistance level of $60/barrel within the upward trend channel. As a result, the multiyear downward trend was broken

Iran tends Participating in Azerbaijan Reconstruction 13 Feb 2021

Iran tends Participating in Azerbaijan Reconstruction

Iran Chamber of Commerce and Industry, Mine and Agriculture (ICCIMA) in cooperation with the Iran-Azerbaijan Joint Chamber of Commerce held a webinar.

Int’l Trade Plays Key Role for Iran’s Free Economic Zones 13 Feb 2021

Int’l Trade Plays Key Role for Iran’s Free Economic Zones

International trade plays a key role in Iran’s free zones, adding that free zones in Iran have been launched before their infrastructures to be prepared and most of the revenues of these zones are spent on improving the infrastructures.

Tehran, Muscat to Expand Trade Ties 13 Feb 2021

Tehran, Muscat to Expand Trade Ties

In an online meeting between the Head of TPOI and the Omani deputy minister of commerce, the two sides discussed the development of mutual trade.

Gold Price Analysis: target a run to weekly support at $1,765 09 Feb 2021

Gold Price Analysis: target a run to weekly support at $1,765

Gold is testing the bear's commitments at the resistance structure. Weekly support could be their target if bulls capitulate at this juncture.

Iran’s steel, mineral exports to China top $1.2bn in 9 months 08 Feb 2021

Iran’s steel, mineral exports to China top $1.2bn in 9 months

Gold historically has (rarely) been broadly categorized as “overbought” vis-à-vis currency debasement, our arguing such case in price “having gotten ahead of itself” back in 2010-2011 as graphically depicted in the above millennium-to-date panel.

Economic Data, EUR in the Spotlight 08 Feb 2021

Economic Data, EUR in the Spotlight

It’s a relatively quiet day ahead on the economic calendar. Economic data from the Eurozone and U.S stimulus talk will be in focus.

Brent approaches $60 per barrel as supply cuts, stimulus hopes lift prices 08 Feb 2021

Brent approaches $60 per barrel as supply cuts, stimulus hopes lift prices

Brent crude for April touched a high of $59.95 a barrel and was at $59.85 by 0041 GMT, up 51 cents, or 0.9%. Front-month prices last hit $60 on Feb. 20, 2020.