TEHRAN– Iranian light crude price which has started going up since the beginning of 2018 reached 68 dollars in the week leading to the 5th of January. Iran’s light crude oil price increased by 1.80 cents and reached $67.57 per barrel in the week leading to January 5, Friday. The average price for Iran’s light […]

TEHRAN- The Iranian capital is simultaneously hosting three international exhibitions from January 11 to 14 at the Tehran Permanent International Fairground, IRNA reported on Thursday. The three international exhibitions include the 8th edition of International Exhibition of Architecture, Interior Design, and Modern House (Midex 2018), the first edition of Iran’s international business development exhibition called […]

Deputy Director of International Finance Department of the Central Bank of Iran introduced the 5 billion euro Iran, Italy financing agreement and added that conditions for receiving facilities from this line of credit are better than the National Development Fund. Deputy Director of International Finance Department of the Central Bank of Iran Hamid Ghanbari referred […]

Deputy Minister of Economic Affairs and Finance and the Italian deputy minister of foreign affairs discussed methods for expanding bilateral relations. Deputy Minister of Economic Affairs and Finance Mohammad Khazaee who has traveled to Italy in order to hold negotiations and talks with Italian economic officials, met with the Italian deputy minister of foreign affairs […]

Once again, Central Bank of Iran (CBI) Governor Valiollah Seif warned on cryptocurrency “bitcoin” and said, “CBI does not endorse bitcoin at all.” Turning to bitcoin transactions, he added, “although transactions with this cryptocurrency have become widespread, people should be careful about this issue seriously.” Transacting with bitcoin is followed with several risks, he said, […]

Iranian Minister of Roads and Urban Construction, called for continuation of cooperation between the countries which benefit from Chabahar Port. Abbas Akhundi, Iranian Minister of Roads and Urban Construction, called for continuation of cooperation between the countries which benefit from Chabahar Port to put the port into operation and commercialize it. The Iranian minister made […]

Iran Aseman Airlines was obliged to get license from the US Department of Treasury for purchasing 30 Boeing aircrafts. Deputy Chief Executive of Aseman Airlines Company for Planning and Development Affairs Mohammad Gorji made the above remark on Wednesday. Speaking in his weekly press briefing among reporter, he pointed to signing and sealing contract with […]

TEHRAN – During a planned visit to New Delhi, Iran’s Minister of Roads and Urban Development and his Indian counterpart are expected to make the final decision about details of a deal on financing a railroad linking the Iranian southeastern cities of Zahedan and Chabahar, an official said. In a meeting with India’s ambassador to […]

Move over AKB48: Japan has a new all-girl “idol” band — the Virtual Currency Girls — on a mission to educate the public about bitcoin and other cryptocurrencies. Each of the eight girls in the band, known in Japanese as “Kasotsuka Shojo”, plays a character representing a virtual currency such as bitcoin, ethereum or ripple. […]

TEHRAN- Iranian government spokesman Mohammad Baqer Nobakht announced that the government intends to create 1.033 million jobs by the end of the next Iranian calendar year 1397 (March 20, 2019) in case 3.27 quadrillion rials (about $74.8 billion) of investments is attracted, Tasnim news agency reported on Tuesday. Making the remarks in a press conference, […]