News Categories

Opinion: Europeans Need to Do More

10 January 2020 - 17:58
For European businesses, it is a period of high uncertainty in Iran. No one can envy the challenges of decision-making facing their CEOs.

Officials: US Sanctions Helping Iran’s Self-Sufficiency

1 January 2020 - 18:35
Iranian factories and manufacturers which were reliant on parts and intermediary products for their production are now either producing their needs themselves or buying them from their compatriot partners, Deputy Head of Iran Trade Development Organization Farhad Nouri said, adding that this the plus point of US’ unilateral sanctions.

China to Fund 3.7 Billion Worth of Petchem Projects in Iran

31 December 2019 - 18:35
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that his country’s petrochemical sector will witness a significant growth with a huge investment of up to $3.7 billion by People's Bank of China.

CBI Governor: Iran Attains Positive Economic Growth in 6 Months

17 December 2019 - 16:54
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that Iran could manage to register positive growth in the first half of the current Iranian year (March 21- September 22, 2019).

S Korea Says in Talks with US to Resume Humanitarian Trade with Iran

14 December 2019 - 17:08
South Korea is in talks with the United States over Iran’s call for Seoul to resume exports of humanitarian goods to Tehran, a report said.

Asian Development Bank cuts regional growth forecasts

11 December 2019 - 18:47
Trade tensions, weaker investment and rising inflation have further weighed on the economic outlook for Asia-Pacific over the past three months, the Asian Development Bank (ADB) said.

CBI: Foreigners Trying to Disturb Forex Market in Iran

10 December 2019 - 16:49
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the recent fluctuation in the foreign exchange market in the country is temporary, adding that some elements have contributed to a speculative surge in demand, including some foreign-backed networks which are trying to instill fear in the market.

Acting banks to loan $3b to develop oil industry’s upstream sector

9 December 2019 - 21:49
Iranian acting banks are authorized to offer up to $3 billion of loans to the oil industry’s upstream sector, according to the country’s budget bill for the next calendar year (starts on March 19, 2020), IRNA reported.

Stability to come back to forex market: CBI governor

9 December 2019 - 21:40
The governor of the Central Bank of Iran (CBI) said that the bank will bring stability back to the forex market, IRIB reported.

VP: Iran's Next Year Budget Bill Planned on 1mln bpd of Crude Export

9 December 2019 - 17:04
Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht announced that based on the next year's budget, the country will decrease its oil exports from the current 1.5mln bpd to 1mln bpd.
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