Industrial units account for $4bn exports share
Deputy Minister of Industry, Mine and Trade revealed that industrial units account for $4 billion share of Iran's total exports.
Cost of Money Declines 1.5% in Iran
the cost of money has declined up to 1.5% following a government decision to scrap the overnight interest rate policy on deposits in January, head of the Association of Private Banks and Credit Institutions said.
FM Zarif to meet Nicaragua’s finance min. in Tehran
A high-ranking economic delegation from Nicaragua, headed by the country’s minister of finance, will meet and hold talks with Iranian Foreign Minister Mohammad Javad Zarif in Tehran.
Iran, Iraq consider killing US dollar in bilateral trades: ambassador
In line with the efforts to boost the economic ties between Iran and Iraq, the two neighboring countries are considering ways to include local currencies in their bilateral trades to reduce reliance on US dollar, says the Iraqi ambassador to Tehran.
Tehran, Ankara Resume Passenger Train Service
Direct train services between the capitals of Iran and Turkey restarted on Wednesday with a passenger train leaving Tehran for Ankara in a 60-hour trip.
RAI, Iran-Venezuela Bi-National Bank ink contract to finance manufacturing wagon
Managing Director of the Islamic Republic of Iran Railways (RAI) Saeed Rasouli on Wed. revealed signing of a contract between RAI and Iran-Venezuela Bi-National Bank to support domestic manufacturing of wagon.
Iranian, Iraqi provinces sign MoU to boost economic ties
Iran and Iraq have signed a memorandum of understanding (MoU) to boost economic interactions between the two countries’ border provinces.
28th HOMEX kicks off in Tehran
The 28th International Exhibition of Home Furniture (HOMEX) kicked off on Tuesday in the presence of deputy ministers of Ministry of Industry, Mine and Trade at Tehran International Permanent Fairground.
Eliminating 4 zero from national currency not to impact inflation rate
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Tuesday that crossing out four zeros from national currency, Rial, will have no impact on inflation rate adding that the central bank is ready to implement the plan.
Negotiations going on with Chinese on expansion of SP phase 11: POGC head
Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said that talks are underway with Chinese on development of the Phase 11 of South Pars gas field.