April 15, 2019

Iran appointed board member of WFC

TEHRAN- Central Securities Depository of Iran (CSDI) has been appointed as a board member of the World Forum of Central Securities Depositories (WFC), the company’s official website published.
April 15, 2019

Natural disasters insurance fund to be established: CBI governor

TEHRAN- Central Bank of Iran (CBI) Governor Abdolnaser Hemmati announced that a natural disaster insurance fund will be set up in the country, IRIB reported.
April 15, 2019

Oil market fragile due to U.S. sanctions: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. sanctions on Iran and Venezuela and the growing conflicts in Libya are disturbing the supply-demand balance in the market, making it fragile.
April 14, 2019

Iranian new year’s 1st round of condensate offering due this week

TEHRAN - The National Iranian Oil Company (NIOC) is due to launch this year’s first round of gas condensate offering at the international ring of Iran Energy Exchange (IRENEX) on Tuesday.
April 14, 2019

Annual unemployment rate at 12%: statistical center

TEHRAN- According to the latest report of the Statistical Center of Iran (SCI), unemployment rate stood at 12 percent in the past Iranian calendar year 1397 which ended on March 20, 2019, IRIB reported on Sunday.
April 14, 2019

Copper cathode, anode output beats forecast

TEHRAN- Production of copper cathode and anode in Iran exceeded the planned amount in the past Iranian calendar year 1397 (ended on March 20, 2019), IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovatio...
April 14, 2019

Over $857m worth of commodities traded at IME in 2nd week of April

TEHRAN- During weekdays ending up to April 11, while 698,399 million tons (MT) of commodities worth over $857 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced growth of 577 percent and 479 percent, respect...
April 14, 2019

CBI rejects rumors of requesting loan from IMF

TEHRAN – Central Bank of Iran (CBI) has denied the recent rumors about the bank applying for a loan from the International Monetary Fund (IMF).
April 14, 2019

Iran Plan for Air Defense Cooperation with Iraq

Iran’s Top General Unveils Plan for Air Defense Cooperation with Iraq Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri said Tehran and Baghdad have agreed to launch air defense cooperation to combat possible threats to Iran’s western border. Briefing reporters on the results of a meeting with his Iraqi counterpart […]
April 13, 2019

Tehran to host intl. hoteling exhibition in late April

TEHRAN – The 2nd international specialized exhibition of hoteling, managing, training, equipment and consumable items (Hotel Expo 2019) is due to be held at Tehran’s Shahr-e-Aftab International Exhibition Center during April 24-26.
April 13, 2019

Exports from Bushehr rise 24% in a year

TEHRAN- Exports from Iran’s southwestern port province of Bushehr rose 24 percent during the past Iranian calendar year (ended on March 20, 2019), according to the director general of the province’s customs administration.
April 13, 2019

Iran, Iraq to build 5 joint industrial estates

TEHRAN- Iran and Iraq have agreed to construct five joint industrial estates, Mehr news agency reported on Saturday quoting Mahmoud Vaezi, the chief of staff of Iranian president.
April 13, 2019

India ships in 5% more oil from Iran in late 2018 up to March 2019

TEHRAN- Indian refiners’ shipment of Iranian crude oil increased by near five percent through March, Reuters reported citing tanker data obtained from shipping and industry sources.
April 13, 2019

Iran plans to double exports to neighboring countries by 2021

TEHRAN - Iranian industry, mining and trade minister said the country plans to double its exports to the neighboring countries by the Iranian calendar year of 1400 (which starts in March 2021), Tasnim news agency reported on Friday.
April 13, 2019

Iran, Pakistan Moving Closer to Free Trade Deal

Iran and Pakistan are expected to finalize the draft of a free trade agreement (FTA) in forthcoming talks in Islamabad. A final draft of the free trade deal between Iran and Pakistan is expected to be hammered out in negotiations due to be held in Islamabad on April 22 and 23, the International News reported. […]
April 12, 2019

Iranian oil exports rise to pre-sanctions level: Platts

TEHRAN- Oil exports from Iran have increased significantly in March to once again reach to near pre-sanctions level, S&P Global Platts reported citing shipping and provisional tanker tracking data.
April 12, 2019

Iranian heavy crude oil price rises $2.78 per barrel in March.: OPEC

TEHRAN- Iranian heavy oil price increased $2.78 in March, according to OPEC’s latest monthly report published on Tuesday.
April 12, 2019

Tehran hosting Green Trade Fair 2019

TEHRAN- The fourth edition of Iran Green Trade Fair which kicked off at the Tehran Permanent International Fairgrounds on Thursday will wrap up on Saturday, IRNA reported.
April 12, 2019

Mousavi appointed new head of OIETAI

TEHRAN- Seyed Ali-Mohammad Mousavi was appointed as the new head of Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), Shada news agency reported.
April 12, 2019

A year with positive performance for Iranian exchange markets

Based on the already released reports and data, Iran’s exchange markets witnessed fruitful performances and results in the past Iranian calendar year 1397 (ended on March 20, 2019).