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11 million face masks to be distributed free to Iranians: Minister
EconomyIranian Minister of Industry, Mine and Trade Reza Rahmani on Wednesday said that over 11 million face masks are to be distributed free to Iranians in the coming days.
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CBI governor speaks of imminent release of part of Iran frozen assets
EconomyGovernor of Central Bank of Iran (CBI) Abdolnasser Hemmati said on Wednesday that part of Iran's frozen assets may be released soon enabling Iran to contain spread of corona pandemic.
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Official puts Iran’s last year unemployment rate at 10.6%
EconomyHead of Plan and Budget Organization of Iran Mohammad Baqer Nobakht on Tuesday briefed the government’s efforts to rein in unemployment rate, saying the country’s unemployment rate stood at 10.6% last year.
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CBI Governor regards inflation control as central bank's top priority in new year
EconomyGovernor of the Central Bank of Iran Abdul Nasser Hemmati said that the Bank's priority for the new Iranian year is to control inflation.
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Iran Applies for $5 Billion Loan from IMF to Battle Coronavirus
EconomyThe Governor of the Central Bank of Iran said he has asked the International Monetary Fund for a $5 billion loan that would help the country deal with the outbreak of COVID-19, saying the IMF’s response will be a litmus test for claims about relief aid for containing the disease.
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How to Get Verified Badge on Social Networks ?
EconomyEveryone wants to get verified on social media, but it’s not usually an easy process.
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With iMiner, it is possible to do bitcoin mining even with $1!
EconomyiMiner is the first and leading miner rental system that helps you extract bitcoin and earn money in dollars without any need to technical knowledge or spending much time. We will tell you how in the following lines:
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Zangeneh: OPEC's March 6 meeting one of worst in its history
EconomyIran's Petroleum Minister Bijan Zangeneh said that joint ministerial meeting of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC which ended on Friday with no consensus, was the worst in its history.
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Coronavirus causes imbalance of supply, demand in oil market, Iran's minister says
EconomyIranian Oil Minister Bijan Zangeneh said that the coronavirus has reduced oil demand and caused imbalance between supply and demand.
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Minister: Coronavirus left no impact on Iran's oil production
EconomyIran's Petroleum minister reiterated on Wednesday that the outbreak of the coronavirus had no impact on Iranian oil production and the country is now producing its oil the same as before.
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Iranian Petroleum Minister arrives in Vienna to attend OPEC summit
EconomyIranian Minister of Petroleum Bijan Zangeneh on Wednesday arrived in Vienna, Austria to attend the 178th (Extraordinary) Meeting of the OPEC Conference.
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Minister: Iran to become energy exchange center
EconomyIranian Energy Minister Reza Ardakanian said Iran has suitable access to all neighboring states with regard to energy exchange and is after becoming a connecting point for energy swap.
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CBI Chief: US seems to exempt Iran's currency transactions
EconomyGovernor of Central Bank of Iran (CBI) Abdolnaser Hemmati said on Monday that the US Administration seems to have issued directive to exempt parts of Iran’s currency resources and transactions to ease supply and import of basic products and pharmaceutical drugs.
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CBI reviews recent FATF black list decision
EconomyCentral Bank of Iran in a meeting here on Tuesday evening discussed the CBI plans for stabilizing the forex market, controlling inflation rate, boosting non-oil exports and dealing with the recent FATF decision to blacklist Iran, Governor Abdolnasser Hemmati said.
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Neighbors absorb $1.4b minerals in eight months
EconomyIraq, Turkey and Afghanistan have absorbed over $1.4b Iranian mineral products over the eight months of the current Iranian year, according to the figures released about foreign trade.
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90% of power plant equipment are homemade
EconomyIran's Energy Minister Reza Ardakanian said on Sunday that over 95 percent of the power plant equipment and much of the equipment in the electricity and water industry are homemade.
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CBI Chief: FATF blacklist causes no problem for Iran’s foreign trade, currency stability
Economy Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said thanks to the efforts made by CBI over the last year, the FATF act to blacklist Iran will bring no problem for foreign trade and stability of the currency.
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Iran's automakers to unveil new domestically-manufactured cars
EconomyIran’s Minister of Industry, Mine and Trade Reza Rahmani said on Wednesday that the country’s automakers will unveil three new domestically-made cars in the future.
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Iran’s foreign trade value hits $79bn in 11 months: Economy min.
EconomyIranian Minister of Economic Affairs and Finance (MEAF) Farhad Dejpasand put the country’s foreign trade value in the 11 months of the current year (from March 21, 2019 to Feb. 22, 2020) at $79 billion.
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Promoting domestic production a ‘must' under sanctions: Zanganeh
Economy Iranian Oil Minister Bijan Namdar Zanganeh says promoting the country’s domestic production in various areas is a key to Iran’s economic development during the sanctions.
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Minister says boosting domestic products, main way to thwart sanctions
Economy Iran’s Minister of Industry, Mine and Trade Reza Rahmani said on Monday that boosting domestic products is the main way to tackle sanctions.
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VP: Time not ripe for negotiations with US
EconomyVice President and Head of Planning and Budget Organization of Iran Mohammad Baqer Nobakht said "we negotiated with the US, but it is not the time for the negotiations, but it is time for resistance and patience.
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Willingness for investment in Iran up by 50%
EconomyFinance Minister Farhad Dejpasand said that foreign investors' willingness to enter the Iranian market over the past 10 months has increased by 50 percent compared to the same period last year.
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Iran ranks 5th in world for producing fire resistant steel
EconomyIranian Minster of Industry, Mine and Trade Reza Rahmani said on Thursday that the Islamic Republic of Iran is the world's fifth country having knowledge of producing fire resistant steel pieces.
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Iran overtakes France, Italy in steel, copper production
EconomyIranian Minster of Industry, Mine and Trade Reza Rahmani announced on Thursday that the country has stood at the tenth place in the world in terms of producing copper and steel.
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Cryptocurrency Security with Cybon; Protect Your Digital Assets
EconomyCryptocurrency is a kind of digital currency in which cash production and verifying the authenticity of its financial transactions are controlled by a series of encoded algorithms. Usually they work based on decentralized networks (without dependence on a central authority).
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Iran sets output cuts precondition for OPEC emergency meeting
EconomyPetroleum Minister Bijan Zangeneh announced here on Monday that Iran will agree the Organization of Petroleum Exporting Countries (OPEC) to hold emergency meeting only if member states are ready to reduce output.
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133 major energy projects inaugurated across Iran: minister
EconomyIranian energy minister announced on Saturday that some 133 major energy projects have been inaugurated in various provinces across the country in recent months.
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Iran installs new gas platform in South Pars field
EconomyIran on Saturday installed the last offshore platform of phase 14 of South Pars gas field in the Persian Gulf to increase its production by 33 percent.
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Exports to Iraq through Mehran border up 35% in ten months
EconomyExports to Iraq through Mehran’s border terminal, located in the west of Ilam province, amounted to about 1.829 million tons during the ten months to January 20.
