UN Security Council rejects Iran arms embargo extension: Pompeo
DW: The United States’ embargo proposal faced strong opposition from China and Russia. The Iran arms embargo is set to end in…
Economy
Tehran housing inflation at 46.4%
Financial Tribune – Tehran’s housing Consumer Price Index in the 12-month period ending July 21, which marks the end of the fourth…
South Pars phase 22-24 gas recovery up 200 mcf
SHANA — The head of the offshore section of South Pars 22-24 phases development project said 3 new wells had become operational…
Iran plans to boost state coffers by selling oil securities to Iranians
Reuters | Parisa Hafezi, Davide Barbuscia: Iran plans to start offering oil-backed securities to its citizens, President Hassan Rouhani said on Wednesday,…
Iran Energy Ministry to open 200 projects within next six months
IRNA – Minister of Energy Reza Ardakanian announced on Thursday that his Ministry will inaugurate196 projects worth 34,000 billion tomans by the…
VP: Iran reducing reliance on oil revenues with assistance of knowledge-based firms
FNA – Iranian Vice-President for Science and Technology Sorena Sattari said that his country is moving towards an oil-free economy with the…
INSTEX should focus on fight against US illegal acts, Iran envoy says
IRNA – Iran’s Ambassador to Paris Bahram Qasemi believes that INSTEX- Instrument In Support of Trade Exchanges- should concentrate on countering the…
Central Bank of Iran sees reason in Gov’t oil presale proposal
Financial Tribune – The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic…
VP: Anti-Iran sanctions imposed by US mere failure
IRNA – Iranian Vice President and Head of the Budget and Planning Organization Mohammad Baqer Nobakht said on Thursday that the implementation…
Iran seeking to expand economic relations with Spain
MNA – The head of Mazandaran Chamber of Commerce Abdullah Mohajer Darabi called for expansion of economic relations with Spain. In a…
MOP supports domestic manufacturing with Int’l standards: Min.
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said his ministry would support domestic manufacturing by observing international standards in the oil…
Rouhani says critics of Government need to give proposals for betterment of economy
IRNA – President Hassan Rouhani defended the economic record of his government on Wednesday, saying that the critics need to give proposals…
Turkey’s Halkbank urges dismissal of US indictment in Iran sanctions case
Reuters – Halkbank on Monday urged a U.S. judge to dismiss an indictment accusing the Turkish lender of helping Iran evade U.S.…
Iran denies reports of partial sanctions removal
Tasnim – Iran’s Foreign Ministry denied reports that part of the foreign sanctions against the country are going to be lifted temporarily.…
Iran to sell oil in domestic stock market
Tasnim – Iranian President Hassan Rouhani unveiled plans for the domestic sale of crude oil in the stock market. In remarks at…
Why Iran could be approaching hyperinflation in coming years
Al-Monitor | Navid Kalhor: The asset markets in Iran have been witnessing sharp surging spikes in prices in the recent weeks and…
Iran raises crude oil output at North Yaran
SHANA — The third generation of sucker-rod pump (SRP) was installed for the first time in West Karoun oil fields cluster at…
UN experts renew call for removal of US anti-human sanctions
MNA – A group of UN experts has once agian called for unilateral US sanctions to be lifted on countries including Iran,…
Iran trying to fill exports gap with Turkey
MNA – Chairman of Iran-Turkey Joint Chamber of Commerce said that the country is trying to compensate four-month export gap with neighboring…
Iran could buy a lot of planes during sanctions: official
MNA – Deputy Ministry of Roads and Urban Development said that Islamic Republic of Iran could purchase a lot of planes in…
Value of petrochemical products to reach $ 37bn by March 2024: Zanganeh
MNA – Iranian Oil Minister said that with the operation of 27 petrochemical projects by March 21, 2021and with an investment of…
Rouhani lauds launching petchem projects despite sanctions
MNA – Iranian President Hassan Rouhani lauded the inauguration of three major petrochemical projects with a total investment of 1.6 billion dollars…
Rouhani: Iran’s economy handled pandemic better than US
Al-Monitor – Iran’s president said his country’s economy is in a comparatively better shape than the US and European states’ ones when…
Iran launches integrated system for authorization of halal food
Press TV – Iran has launched an online system for monitoring and authorization of halal food which is a product permissible under…
Iran-Eurasia trade surges despite COVID-19, US sanctions
Press TV – Within the past seven months, Iran and Eurasia have traded slightly less than 7 million tons of commodities, worth…
Iran must reach stable oil-free economy in 5 years
MNA – The Speaker of the Iranian Parliament underlined the significance of reaching a stable oil-independent economy for Iran within the next…
Iranian petrochemical output capacity to rise up by 4m tons despite sanctions
IRNA – Managing Director of National Petrochemical Company of Iran says that the country will witness four million tons of increase in…
Iran to launch 3 petchem projects by weekend
SHANA – The Iranian Minister of Petroleum said the country would launch Kaveh Methanol, Pars Kimia Middle East and Lorestan Catalyst projects…
Iran oil industry activities continuing strongly despite sanctions: Zangeneh
SHANA – Iranian Minister of Petroleum Bijan Zangeneh says Iran’s oil industry activities have been going on strongly in the past two…
Iran saves €60 m by using Sahar 1, 2 drilling rigs
SHANA — The head of the Mostazafan Foundation of Islamic Revolution announced savings of 60 million euros following the major overhaul of…
Iran, Azerbaijan review ways to develop economic ties
IRNA – Head of Iranian President’s Office Mahmoud Vaezi in a phone call with Azeri Deputy Prime Minister Shahin Mustafayev reviewed ways…
Iran’s stock market surges past key level to record high, as analysts warn of bubble
Reuters – Iran’s main stock index broke through the key 2 million point mark for the first time ever on Sunday, state…
Central Bank of Iran reviews Tehran’s housing market
Financial Tribune – A total of 14,047 homes were sold in the capital during the fourth month of the current fiscal year…
Iran, Brazil discuss diversification of bilateral trade
Tasnim – Iran’s envoy to Brasilia and speaker of the lower house of the National Congress of Brazil weighed plans to promote…
Pompeo says US has expanded scope of Iran metals sanctions
Reuters – U.S. Secretary of State Mike Pompeo on Thursday said he was expanding the scope of Iran metals sanctions, targeting 22…
Iran imposes fresh limit on cash withdrawals from banks
Press TV – The Central Bank of Iran (CBI) has ordered a new limit on withdrawal of cash from banks amid toughening…
Enemies unable to make Iranian nation surrender: President Rouhani
Tasnim – Iranian President Hassan Rouhani praised the people’s steadfastness in the face of the enemies’ economic pressures, saying the Iranian nation…
Gold steps back from historic high
Financial Tribune – Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier.…
Dysfunction at the border jeopardizes growth of Iran-Iraq trade
Bourse & Bazaar – When the United States re-imposed secondary sanctions on Iran in November 2018, the Rouhani administration belatedly decided that…
‘3-digit inflation rate of enemy’s targets’
MNA – Iranian President Hassan Rouhani said the enemy planned to push the inflation rate in Iran up to a three-digit rate…