Tuesday, 1 July , 2025
Iran to impose cap on carrying foreign currencies 09 Jun 2020

Iran to impose cap on carrying foreign currencies

The Central Bank of Iran (CBI) has imposed a cap on how much individuals can carry foreign cash amid efforts meant to stabilize the foreign currency market in the country.

World will change: Global economic outlook amid pandemic 09 Jun 2020

World will change: Global economic outlook amid pandemic

As the health and human toll grows, the economic damage is already evident and represents the largest economic shock the world has experienced in decades.

Envoy stresses Iran, Brazil cooperation on pandemic damages 08 Jun 2020

Envoy stresses Iran, Brazil cooperation on pandemic damages

The Iranian ambassador to Brazil Hossein Gharibi referred to huge economic damages inflicted upon the two countries by the novel coronavirus pandemic.

Border bridge connecting Iran, Turkmenistan to be opened 08 Jun 2020

Border bridge connecting Iran, Turkmenistan to be opened

Iran and Turkmenistan border bridge will be inaugurated on Monday evening, said the Iranian official.

Japan expects worst recession amid pandemic 08 Jun 2020

Japan expects worst recession amid pandemic

Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.

CEO: South Pars refinery overhaul to begin in October 08 Jun 2020

CEO: South Pars refinery overhaul to begin in October

The operations to overhaul the sixth refinery of the South Pars Gas Field in southern Iran is planned to begin in October.

OPEC agree to extend oil production cuts through July 08 Jun 2020

OPEC agree to extend oil production cuts through July

OPEC members and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and coronavirus lockdowns ease.

IRPC: UAE, China, Iraq makes up 54% share of non-oil exports 07 Jun 2020

IRPC: UAE, China, Iraq makes up 54% share of non-oil exports

Iranian Parliament Research Center (IPRC) said that the three countries [including the United Arab Emirates [UAE], China and Iraq] accounted for about 54 percent share of Iran’s total value of non-oil goods in 2018.

IME trade surpasses $880m this week 07 Jun 2020

IME trade surpasses $880m this week

Iran Mercantile Exchange (IME) announced on Saturday that 673,518 tons of commodities valued at over $880 million were traded in its domestic trading and export halls in the past week (which ended June 4).

OPEC, Russia set to extend oil cuts, push for compliance 07 Jun 2020

OPEC, Russia set to extend oil cuts, push for compliance

OPEC, Russia, and their allies hold talks on Saturday on extending record oil production cuts that have doubled oil prices since April.