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News about Economy

5/13/2018   --   9:51 PM
Iran to discuss banking relations with Europe

Economy - Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Sunday that establishment of relations with European major and central banks is among main issues to be discussed by Iran's foreign minister and five signatories to Iran nuclear deal.

4/29/2018   --   9:10 PM
3 Iranian banks to open branches in Germany: Envoy

Economy - In order to facilitate trade exchanges with foreign partners, especially Europe, three Iranian banks of Middle East Bank, Saman Bank and Sina Bank are to open branches in Germany.

4/24/2018   --   9:24 PM
CBI Chief: Single parity rate system not to influence imports

Economy - Governor of Central Bank of Iran Valiollah Seif says single parity rate system will not affect volume of imports of basic goods and raw materials and all can use foreign exchange so easily.

4/23/2018   --   6:24 PM
Iran not to give development of South Pars oil layer to Total

Economy - After ownership of Danish company Maersk Oil was taken by the French Total, Iran decided not to give the development of the South Pars field to Total, said Iran's minister of petroleum on Monday.

4/10/2018   --   11:53 PM
Bandar Abbas most active port for goods transit

Economy - Director General for Road Transportation Department of Hormozgan Province Baqer Javan said on Tuesday that Bandar Abbas by transshipment of 3.930.781 tons of goods was the most active port in the country in the field of goods transit last year.

4/9/2018   --   8:57 PM
Gov't, president to examine forex fluctuations, instability

Economy - Iran's Minister of Finance and Economic Affairs Masoud Karbasian said on Monday that President Hassan Rouhani and his cabinet ministers are to examine current status of foreign exchange in the market along with the proposed plan made by CBI on recovering market instability.

4/9/2018   --   6:03 PM
Iran good partner for Uzbekistan: Minister

Economy - Iran's minister of industry declared on Monday that given the country's 200-billion-dollar trade with the world in the past year, it can be a good trade partner for Uzbekistan.

4/8/2018   --   7:18 PM
Diplomat lists 16 Iranian commodities for export to Iraq

Economy - Iran's commercial attaché in Iraq Naser Behzad on Sunday named 16 groups of Iranian commodities as the country's priorities for exports to Iraq.

3/12/2018   --   4:56 PM
$200m of goods exported from Iran's Arvand Free Zone

Economy - Commodities worth 200 million dollars were exported from the Arvand Free Zone in southern Iran to the neighboring countries as well as Europe over the current Iranian calendar year (ending on March 20, 2018), said a business and investment official.

3/6/2018   --   10:49 PM
Europe purchases 40% of Iran's exporting oil in February

Economy - Iran exported around 2.6 million barrels of oil and gas condensates in February, 40 percent of which was for the European purchasers.

3/5/2018   --   4:51 PM
Gilan customs overseas transit up 22%

Economy - Foreign transit from Gilan Customs had a 22% growth during the 11 months of the current Iranian calendar year (ending on March 20, 2018), Gilan Customs official Abolghasem Yusefi Nejad said on Monday.

3/3/2018   --   1:03 PM
Iran exports $5.5bn non-oil products to Iraq

Economy - Iran has exported 12 million tons of non-oil products worth $5.5bn to Iraq during the 11 months of the current Iranian calendar year (ending on March 20, 2018).

2/26/2018   --   9:47 PM
Official: Iran ups non-oil export by 5 percent

Economy - Advisor to the minister and Deputy Head of Trade Promotion Organization (TPO) for exporting goods and services Mohammad Reza Moudodi said that in the past 11 months non-oil goods export increased 5 percent in comparison with the same period of preceding year and passed 41 billion dollars.

2/20/2018   --   10:21 PM
Iran to host ECO-CCI meeting with Pakistan chambers guild in chair

Economy - President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and ECO Chamber of Commerce and Industry (ECO-CCI) Ghazanfar Bilour, will preside the forthcoming statutory meeting of ECO-CCI scheduled to be held on March 5, 2018 at Tehran, a statement said.

2/13/2018   --   1:58 PM
Iran Automotive Industry Conference opens in Tehran

Economy - The 5th Iran Automotive Industry International Conference (IAIIC) opened in Tehran on Tuesday in a ceremony attended by Minister of Industry, Mines and Business Mohammad Shariatmadari.

2/6/2018   --   4:34 PM
Iran trade official, MP negotiate on addressing free zones issues

Economy - The secretary of Iran's Supreme Council of Free Zones and the first deputy Speaker of Iranian Majlis (parliament) have discussed issues pertaining to the developing free economic zones in the country and customs issues.

1/30/2018   --   11:41 AM
Iranians' bank accounts problems in China removed: CBI official

Politics - China has reopened Iranian nationals' bank accounts in spite of US pressures on the Chinese banks to find out identities of their customers, a senior Iranian economic official announced on Tuesday.

1/24/2018   --   11:42 PM
Iran Khodro to resume activity in Belarus

Economy - The contract to that effect was signed by envoys of Iran Khodro and a Belarus company in the presence of Iranian and Belarus ministers of industries on the sidelines of the 14th Iran-Belarus Joint Economic Cooperation Commission session.

1/23/2018   --   9:14 PM
Iran, Belarus to set roadmap for commerce: Belarusian minister

Economy - Iran and Belarus agreed on a framework to formulate commercial ties until 2020, said the Belarusian minister of industries on Tuesday.

1/6/2018   --   9:11 PM
Third Chinese cargo train to arrive in Tehran

Economy - Deputy Head of the Islamic Republic of Iran Railways Company for operation affairs Mustafa Dawoodi said on Saturday that three rom of trains carrying containers have moved toward Tehran from China and the third one is to arrive here in next few days.

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