News Categories

IRGC wing to construct artificial island

5 September 2019 - 22:54
The Khatam al-Anbiya Construction Base, a business conglomerate and the construction wing of the Islamic Revolution Guards Corps (IRGC), plans to build an artificial island in the Persian Gulf, near Kish Island, a free zone.

Next year’s budget bill to be submitted to parliament on schedule

4 September 2019 - 18:03
Head of Iran’s Planning and Budget Organization (PBO) said the government will submit the budget bill for the next Iranian calendar year (starts on March 20, 2020) to the parliament on December 6 as it is scheduled, IRIB reported on Tuesday.

Iran, Turkey form preferential trade agreement committee

4 September 2019 - 17:51
Senior officials from Iran and Turkey’s economic sectors met on Tuesday as a committee to follow up on the preferential trade agreement reached between the two countries.

Philippines eyes barter trade with Iran

3 September 2019 - 17:19
Philippines Ambassador to Tehran Wilfredo Santos said his country is ready for bartering trade with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

Iran, Russia stress implementation of joint projects

3 September 2019 - 17:16
Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak stressed accelerating the implementation of the two countries’ joint projects in a meeting in Moscow on Monday.

Gold ETF inflows top 100 tonnes in August as havens triumph

3 September 2019 - 15:57
Investors are going for gold in a big way. Inflows into bullion-backed exchange-traded funds topped 100 tons in August to hit the highest since February 2013 as the trade war worsened, risk assets took a knock, and central banks signaled looser monetary policy.

Escalating U.S.-China trade war, a blessing in disguise for Iran’s oil industry?!

2 September 2019 - 17:14
The U.S.-China trade war, which has been going on for more than a year, entered a new phase last week as China not only imposed new tariffs on U.S. goods in retaliation against Trump's actions, but took the matter a step forward by putting "crude oil" on its tariff list.

Iran-Armenia economic ties not affected by U.S. sanctions

2 September 2019 - 17:10
While the U.S. renewed sanctions on Iran are aimed at isolating the Islamic Republic both politically and economically, Iran’s relations, especially in the economic sectors, with its neighbors are seemed not to be affected by the sanctions.

Iran’s 5-month non-oil exports at $17.8b

2 September 2019 - 17:08
Iran exported $17.8 billion of non-oil commodities during the first five months of the current Iranian calendar year (March 21-August 22), IRIB reported on Monday.

NIMA supplies over €7.19b for imports of basic goods

1 September 2019 - 22:52
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €7.197 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21) up to August 29, IRNA reported on Friday.
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