€50m from sovereign wealth fund dedicated to pipe water to villages
The Iranian government is drawing some €50 million from the country’s sovereign wealth fund to solve water problems for villages.
Exports from special zones reach $17b: Iran official
An Iranian official in charge of free trade and special economic zones said the value of exports from those areas to other countries reached a total of $17 billion in the year ending March 19.
Iranian ship carries food to Venezuela: Envoy
Iran’s Ambassador to Venezuela Hojjatollah Soltani confirmed that another Iranian ship is bound for Venezuela, carrying food to the Latin American nation.
Rouhani Highlights Efforts to Keep Market Balance amid Pandemic
Iranian President Hassan Rouhani said his administration has been doing its utmost to mitigate the economic repercussions of the coronavirus pandemic.
Iran exported fig worths $47m
Iran exported 13,600 tons of common fig valued at close to $47 million in the previous Iranian calendar year.
Iran to produce 1.2mn vehicles in this year
Caretaker of the Ministry of Industry, Mine and Trade Hossein Modarres Khiabani said on Saturday that his ministry has planned for manufacturing 1.2 million vehicles in the current year [started March 21, 2020].
Iran foreign assets rise in last four months of last year
The Central Bank of Iran (CBI) said that net foreign assets held by the bank and Iranian non-banking financial institutions have surged by over a quarter over the year ending March 19.
Trump warns of ‘complete decoupling’ from China
President Donald Trump warned Thursday the United States had the option of decoupling from China deeply intertwined economy.
CBI: Iran to use joint mechanism with Iraq for foreign purchases
Governor of the Central Bank of Iran (CBI) unveiled plans for using a joint mechanism with Iraq to purchase basic commodities and items excluded from the list of anti-Iranian sanctions.
Importing goods via CFZ to cost less
The Director-General of Sistan and Baluchestan Ports and Maritime Department General Behrouz Aghaei on Tuesday said that cost of importing goods into Chabahar Free Zone [CFZ] will be decreased.