Wednesday, 21 May , 2025
  • Central Bank Governor Outlines Broader Financial Plans 21 May 2025

    Central Bank Governor Outlines Broader Financial Plans

    TEHRAN - The Governor of the Central Bank of Iran (CBI), Mohammad Reza Farzin, announced that the Islamic Republic is preparing to issue foreign currency-denominated sukuk bonds in Oman as part of President Masoud Pezeshkian’s upcoming diplomatic trip to the Persian Gulf country.

Iran, Germany ink agreement on nuclear safety 17 Feb 2018

Iran, Germany ink agreement on nuclear safety

 Iran and Germany signed an agreement on nuclear safety on Saturday. Head of Iranian Nuclear Safety Center Hojjatollah Salehi met and held talks with German Ambassador to the Islamic Republic of Iran Michael Klor-Berchtold. President of Global Research for Saftey (GRS) also attended the signing ceremony of bilateral cooperation agreement with the aim of promoting […]

Bulgaria to host Iranian trade delegation 15 Feb 2018

Bulgaria to host Iranian trade delegation

An economic-trade delegation from Lorestan province will head to Bulgaria in current month under the strict supervision of Governor General of Lorestan Province Seyed Musa Khademi. Given the above issue, Lorestan Province Chamber of Commerce, Industries, Mines and Agriculture will embark on sending its economic and business delegation, headed by provincial governor general, to Bulgaria […]

Petrochemical exports at over $9.6b in 10 months 15 Feb 2018

Petrochemical exports at over $9.6b in 10 months

TEHRAN- Iran exported more than 18.588 million tons of petrochemical products worth $9.69 billion in the ten-month period ended on January 20, 2018, IRNA reported on Wednesday. The country’s petrochemical output stood at 44.202 million tons during the mentioned time span. Production units in Assalouyeh and Mahshahr petrochemical zones, both in southwest of Iran, accounted […]

Iran ready to export gas to all neighboring countries 14 Feb 2018

Iran ready to export gas to all neighboring countries

Mr. Montazer Torbati, the MD of IGEDC, told the media that Iran has completed its domestic network of gas pipelines and is ready to export gas to all neighboring countries on their demand. “Iran gas exporting to Baghdad from Naftshahr is consistently continuing and as announced earlier Iran is ready to export gas to Basra […]

Iran approves $9.7bn FDI during post-sanctions 14 Feb 2018

Iran approves $9.7bn FDI during post-sanctions

 Iranian Minister of Industry, Mine and Trade Ali Shariatmadari approved that industry, mine and trade fields have exclusively attracted more than $9.7 billion foreign direct investment (FDI) during post-sanctions era. “If we are willing to enter the global market of technical and engineering services, we have to build brands while the hardships endured by Iranian […]

Renault’s investment in Iran to hit €800m 14 Feb 2018

Renault’s investment in Iran to hit €800m

TEHRAN – French automaker Renault is going to expand activities in Iran, boosting its total investments in the country to €800 million, IRNA reported quoting the company’s director for MENA region. Speaking at the 5th edition of Iran’s Automotive Industry International Conference in Tehran on Tuesday, Pascal Felten noted that with the new round of […]

Containerization in need of investments 14 Feb 2018

Containerization in need of investments

TEHRAN- Iran owns 229 container ships, which contributes to 1.1 percent of the global capacity, but containerization is in dire need of attracting investments, Mohammad Rastad, head of Iran’s Ports and Maritime Organization (IPO), stated. Making the remarks in the 25th Conference of Coordinating Marine Organizations of Iran on Tuesday, the official said: “Some 145 […]

Iran’s heavy crude price jumps 8.2% in January 14 Feb 2018

Iran’s heavy crude price jumps 8.2% in January

TEHRAN- According to OPEC’s latest monthly report published on February 12, Iran’s heavy oil price reached $65.85 in January, an increase of $4.98 or 8.2 percent from $60.87 in December. Based on the data presented, the country’s average heavy crude price stood at $51.90 in 2017. The report also put Iran’s oil production, based on […]

Purchasing Qatari rials from Iranian exporters kicks off 13 Feb 2018

Purchasing Qatari rials from Iranian exporters kicks off

Farzad Piltan an official in charge of Trade Promotion Organization of Iran (TPOI) revealed the outset of purchasing process of Qatari rials from Iranian exporters of goods and services and said, “with the necessary follow up made in this regard on solving problems facing exporters of goods and services to neighboring Qatar, process of transferring […]

Tehran, Islamabad to increase bilateral trade to $5 billion annually 13 Feb 2018

Tehran, Islamabad to increase bilateral trade to $5 billion annually

 Iran’s Consul General in Quetta, Pakistan says that Iran and Pakistan aim to increase bilateral trade from current volume $1.5 to $5 billion. Mohammad Rafiee Consul General of the Islamic Republic of Iran in Quetta, Pakistan made the remarks in a ceremony to celebrate the 39th anniversary of the victory of Iran’s Islamic Revolution in […]