April 26, 2019

China’s March Iran oil imports rise 6% from a month ago

TEHRAN - China’s imports of Iranian crude oil increased by six percent from the previous month, Reuters reported on Thursday citing customs data.
April 26, 2019

‘U.S. sanctions doesn’t affect Iraq’s energy ties with Iran’

TEHRAN – Deputy prime minister of Iraq for energy affairs said the U.S. decision on ending waivers on Iran sanctions does not affect Iraq’s energy ties with Iran since the country does not import oil from Iran, IRNA reported on Friday.
April 25, 2019

2nd Silk Road Summit Takes Place May 2-3 in Tehran

The 2nd Silk Road Startup Summit will take place on May 2-3, with Iran’s top 8 startups competing in a pitch competition.

The post 2nd Silk Road Summit Takes Place May 2-3 in Tehran appeared first on TechRasa.

April 24, 2019

Minerals, mining export at $9.2b in a year

TEHRAN- The value of Iran’s minerals and mining industries’ exports stood at $9.226 billion in the past Iranian calendar year (ended on March 20, 2019), IRNA reported on Tuesday citing the data released by Iranian Mines and Mining Industries Developmen...
April 24, 2019

‘Forex reserves enough to stabilize domestic market amid U.S. pressures’

TEHRAN - Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said the country’s foreign currency reserves are enough to stabilize the country’s forex market after U.S. ended the waivers for Iranian oil buyers.
April 24, 2019

Turkey reluctant to replace Iranian oil under U.S. pressure

TEHRAN - Turkey is not willing to replace Iranian oil with those from Saudi Arabia and the United Arab Emirates as the U.S. has offered, Bloomberg reported on Wednesday quoting the Turkish Foreign Minister as saying at a reception in Ankara.
April 24, 2019

Iran Oil Show 2019 to kick off in early May

TEHRAN- The 24th Iran International, Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2019) is due to kick off on May 1 at Tehran Permanent International Fairgrounds.
April 24, 2019

S. Korea to dispatch delegation to U.S. for talks on Iran oil sanctions

TEHRAN – South Korea is planning to send a high-ranking delegation to Washington this week for follow-up talks on a U.S. decision on ending the sanctions waivers for the country and seven other importers of Iranian oil.
April 24, 2019

IME suitable platform of economic prosperity

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the current Persian Year, 1398, as the ‘Year of Boosting Domestic Production’, calling on all officials to make the issue of production the pivot of their activities.
April 24, 2019

Would Saudis play the U.S. puppet in Iran sanctions scenario?

The U.S. announced on Monday that the country is not going to extend the sanctions waivers which were granted to some of Iran’s oil customers in November 2018.
April 23, 2019

British bank warns about impact of ending Iran sanction waivers

TEHRAN – The British investment bank Barclays said the U.S. decision on ending the waivers on Iran oil sanctions will tighten crude markets significantly in the short term, Reuters reported.
April 23, 2019

CBI governor discusses expansion of banking ties with Iraqi officials

TEHRAN- Central Bank of Iran Governor Abdolnaser Hemmati met some Iraqi senior officials during a visit to Baghdad to explore the ways for the expansion of banking relations between the two countries, IRIB reported.
April 23, 2019

S. Korea to continue negotiations with U.S. over Iran sanctions

TEHRAN- Following the U.S. announcement on Monday regarding the end of exemptions from sanctions on Iranian oil imports, South Korean foreign ministry said in a statement that the government has been negotiating with the U.S. at all levels to extend th...
April 23, 2019

TSE issues 128% more trading codes yr/yr

TEHRAN- The number of trading codes issued at Tehran Stock Exchange (TSE) rose 128 percent in the past Iranian calendar year (ended on March 20, 2019) compared to its previous year, TSE Head Ali Sahraei announced.
April 23, 2019

Iran, Pakistan stress expansion of trade ties

TEHRAN- During an Iran-Pakistan business forum held at Tehran on Monday the two sides emphasized the necessity of using all available opportunities to expand bilateral trade relations.
April 22, 2019

Inflation rate at 30.6%: statistical center

TEHRAN- The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on April 20, which marks the end of the first Iranian calendar month of Farvardin, stood at 30.6 percent, IRNA reported.
April 22, 2019

Trade at TSE, IFB up 80% in a year

TEHRAN- The value of trades at Tehran Stock Exchange (TSE) and Iran’s over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), rose 80 percent during the past Iranian calendar year (ended on March 20, 2019), head of Iran’s Securities and Ex...
April 22, 2019

Plastic products main item exported to Iraq

TEHRAN- Iranian commercial attaché to Iraq named plastic products as the major goods Iran exports to its neighbor Iraq, Tasnim news agency reported on Sunday.
April 22, 2019

China’s Bank of Kunlun to continue co-op with Iran

TEHRAN- Directors of China’s Bank of Kunlun announced that the bank will continue cooperation with Iran, Mehr news agency reported.
April 22, 2019

China stands by Iran, opposing unjust U.S. sanctions

TEHRAN - Chinese foreign ministry announced on Monday that the Asian country is consistent about opposing unilateral U.S. sanctions against Iran, Reuters reported on Monday.