CBI not to eliminate forex management integrated system NIMA: governor
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to omit Iran's domestic Foreign Exchange Management Integrated System (locally known as NIMA) from domestic forex trade market.
Iran-China non-oil trade hits $8.8b in four months
The volume of non-oil trades between Iran and China amounted to $8.8 billion in the first four months of 2019, according to the data released by the Chinese customs.
US grants sanctions waiver for Iraq to import energy from Iran: Envoy
The US envoy to Baghdad says Washington has exempted Baghdad from some of its unilateral anti-Iran sanctions, allowing Iraq to continue importing energy from Iran.
Iran, Russia explore ways of expanding railway co-op
Saeed Rasouli, the head of Islamic Republic of Iran Railways (known as RAI), met with Russian Railways (RZD) Vice President Alexander Misharin in Tehran to discuss ways of expanding cooperation, the RAI website reported.
Iran’s 4-month non-oil exports to China stands at $6b
Iran’s value of non-oil exports to China reached $6 billion in the first four months of 2019, down 20 percent compared to the same period last year, Tasnim reported on Friday, citing the Chinese customs data.
NIOC to offer 2m barrels of heavy crude at IRENEX in late May
National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at the base price of $64.23 at the international ring of Iran Energy Exchange (IRENEX) on May 28, Shana reported.
Iran enjoys high capability to become regional electricity hub
Vice President of Iran Electrical Industry Syndicate Payam Bagheri said that the country enjoys high capability and capacity to become an electricity hub in the region, the issue of which is considered as a strategy for supplying sustainable power.
Iran, Russia discuss holding 15th Joint Economic Committee meeting
Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak discussed issues pertain to the two countries 15th Joint Economic Committee meeting over phone, IRIB reported on Tuesday.
‘All necessary measures taken to launch organized forex market’
Iranian finance and economic affairs minister announced that all necessary measures have been taken for launching an organized forex market, IRNA reported.
Development projects worth $1b inaugurated
Iranian President Hassan Rouhani launched and inaugurated some development, service, and infrastructure projects worth 44.65 trillion rials (about $1.063 billion) in West Azarbaijan Province.