Petropars, NIDC ink MoU for oil and gas projects
The Petropars Group and the National Iranian Drilling Company have inked an MoU to cooperate in the implementation of oil and gas projects.
Iran starts exporting coronavirus diagnostic kits to Germany, Turkey
Islamic Republic of Iran has currently started exporting coronavirus diagnostic kits to a number of countries including Germany and Turkey.
Iran, Arab partners hit annual trade worthing $22b
The value of Iran’s trade with its Arab trade partners in the region stood at about $22 billion in the past Iranian year.
Iran to open new free trade zones
The Parliament of Iran has approved plans for launching five new free trade zones (FTZ) in the north and east of the country.
Iran issues license for biggest bitcoin mining farm
iMiner, a cryptocurrency company registered in Turkey, has been granted a license for mining digital coins and offers trading and custody services in Iran.
RAIL EXPO 2020 to be held with health protocols amid pandemic
Rail Expo 2020 will be held in the country in full compliance with health protocols during the outbreak of coronavirus, COVID-19, Iran says.
Indonesia GDP growth slides to lowest since 2001
Indonesia's economic growth is at its weakest pace since 2001 in the first quarter, slower than expected, due to coronavirus outbreak.
Iran, Turkey, Azerbaijan Discuss Resumption of Trade
Chief of Staff of the Iranian president held negotiations with Turkey and the Republic of Azerbaijan to remove the obstacles to the resumption of trade ties.
10,000 tons of Mohammadi rose produced
Mohammadi rose (rosa damascena) production has grown across the country, said the head of Rosewater and Herbal Essences Union in Kashan.
Saudi Arabia May Borrow $60bn to Cover Budget Deficit
Saudi Finance Minister Mohammed Al-Jadaan said that the kingdom may have to borrow $60 billion to cover the huge budget deficit caused by the coronavirus pandemic.