Iran at SCO: Role, achievements, and goals
MNA | Haniyeh Sadat Jafariyeh: Nearly a month after the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA), leaders from the…
Economy
CBI steps in to facilitate travel money exchange
Financial Tribune- Iran’s Cultural Heritage, Handicrafts and Tourism Organization is in talks with the Central Bank of Iran to develop a mechanism…
Sharp increase in Iranian visitors revitalizes Turkey’s tourism sector
Al Monitor |Paul Benjamin Osterlund: Passenger trains between Van in eastern Turkey and the Iranian city of Tabriz, which have not run for nearly…
OPEC faces uphill battle to balance oil market
Platts– OPEC would need to boost its crude oil production by more than 1 million b/d in order to balance the global…
Boeing facing legal action as Iran sues over cancelled contracts
The Loadstar- Boeing appears to have fallen victim to the US administration’s decision to tear up the Iran peace deal. It seems…
Rouhani: Providing basic goods to people a priority for govt.
MNA – People should be certain that production or provision of required goods for the society and solving any issue in production…
Iran can block OPEC agreement, yet Saudi Arabia can bypass veto
Bloomberg | Javier Blas: Even with Iran threatening to block an increase in OPEC’s oil production, Saudi Arabia still has options. Tehran says…
Iran manufactures first domestic rail tracks
MNA– The director general of Esfahan Steel Company (ESCO) said Mon. that the first domestically-constructed rail tracks have been handed over to…
Significant reduction of $11bn trade between Iran, Turkey after PTA
MNA– Chairman of Iran and Turkey Joint Chamber of Commerce Reza Kami revealed the considerable reduction of trade volume exchanged between Iran…
MP slams US interference in OPEC decisions
SHANA – The head of the Iranian parliament’s energy committee said: “It is unfortunate that the United States and some countries hatch…
Iran to make most of Eurasia preferential trade deal: Envoy
Tasnim – Iran’s ambassador to Kazakhstan highlighted Tehran’s efforts to maximize its benefits of a preferential trade agreement it has recently signed…
Iran to increase gas export to Armenia this year
MNA – Chief Executive of the National Iranian Gas Company (NIGC) Hamid-Reza Araghi said that Iran’s gas export volume to Armenia will…
Iran’s share in global sheepskin exports at 5%
Financial Tribune – Iran has a share of 5% in global sheepskin exports and a 1% share in cowhide exports, the chairman…
Iran says three OPEC members to veto Saudi-proposed supply boost
Bloomberg – Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi…
How rial’s devaluation may boost Iranian economy
Al-Monitor | Navid Kalhor: The money supply in the Iranian economy exceeds $355 billion at the official exchange rate, remarkably surpassing total economic output of $331…
Iran to provide $7bn for oil projects internally
Press TV- Iran says a plan is on agenda to attract funds from domestic resources to maintain production at the country’s key…
Over-compliance on Iran sanctions can lead to discrimination
Bourse and Bazaar | Tom Keya: Ireland’s Workplace Relations Commission has fined an unnamed bank EUR 20,000 for discrimination against an Iranian…
Kish gas field development, NIOC top priority
IRNA – Kish gas field, which is estimated to hold gas equal to the amount in five phases of the giant offshore…
China working with Iran despite US pressures: Chinese analyst
IRNA – US can exit from the Iran Deal, but Washington’s pressure on Beijing cannot affect China-Iran relations, a Chinese analyst said…
US pressuring Riyadh to push down oil prices: Iran
SHANA – Hossein Kazempour Ardebili, Iran’s OPEC Governor, in response to the recent joint statement of Saudi Arabia and Russian’s oil minister…
Brazilian govt. to help businesses continue trade with Iran
MNA – The Brazilian government will spare no efforts to help Brazilian and Iranian firms develop relations after the US withdrawal from…
Iranian firms poised to develop power, energy projects in Congo
MNA – In his meeting with Foreign Minister of Republic of Congo, Iranian Deputy Foreign Minister Morteza Sarmadi announced that Iran is…
Iran oil exports slide in early ship data after Trump sanctions
Bloomberg – Iran’s oil exports fell sharply in the first two weeks of June, offering an early signal that U.S. President Donald…
Official: Iranian brands have good share in US market
Press TV- Iranian exports to the US reached 77 tons, worth $1.311mn in the first month of this Persian year which compared…
India sees problems in Iran oil payments from Nov.
Press TV- Indian officials have been quoted by media as saying that the country will not be able to use European banks…
Iran players call out Nike after Morocco win for taking away squad’s shoes
ESPN FC– Iran’s Karim Ansarifard and Alireza Jahanbakhsh had strong words for Nike following their team’s 1-0 win against Morocco to open…
Gazprom to partake in 4 gas field projects in Iran
IRNA – Gazprom is getting ready to participate in the four gas field projects in southern Iran, said a top official of…
German government sets up Iran advice office for companies
AP–The German government has set up a special office to advise companies worried about their business dealings with Iran amid fears they’ll…
South Korea’s May Iranian crude oil imports fall to lowest since January 2016
Reuters– South Korea’s Iranian crude oil imports fell in May to their lowest since January 2016 as South Korean buyers sought to…
Renault CEO says will stay in Iran despite US sanctions
Press TV – French carmaker Renault says it will maintain its presence in Iran despite the risk of penalties for violating US…
Spain’s AIDIADA to test quality of domestically-manufactured vehicles
MNA – AIDIADA, leading company specializing in providing design, engineering, testing and homologation services to the automotive industry worldwide, will test quality…
Border market in Marivan resumes activities on cabinet’s order
MNA – Khanom Sheykhan border market in Marivan County on the border with Iraqi Kurdistan region has resumed activities after it received…
Trump’s looming sanctions could cripple Iran’s auto industry
Business Insider | Gina Heeb: As companies withdraw foreign brands and halt planned investments in Iran, analysts think the country’s auto industry…
Iran finds alternative way to fund energy sector amid US sanctions threat
Sputnik – Faced with a US threat to re-impose sanctions on Iran, which is complicating the attraction of foreign investment, Tehran is…
Iran and Donald trump exchange barbs over higher oil prices and sanctions
Independent | Mythili Sampathkumar: US President Donald Trump blamed the global oil export organisation for high oil prices, but Iran retorted it was…
Zangeneh meets Congo FM, discusses OPEC membership of African country
SHANA – Iranian Minister of Petroleum Bijan Zangeneh hosted a meeting with visiting Congolese Minister of Foreign Affairs Jean-Claude Gakosso in his…
Karimi: Govt. should adopt measures against economic blow inflicted by foreign firms quit
Press TV – A member of Iranian Parliament Economic Commission says the foreign companies which have decided to leave Iran in the…
Parl. passes amendment bill on fighting forex smuggling
MNA – The Iranian lawmakers have passed into law an amendment bill to combat the smuggling of foreign exchange, especially the US…
OMV announces plan to pull out of Iran
Press TV – Austria’s energy giant OMV says it plans to cease its operations in Iran amid growing signs that the United…
Protecting EU companies in Iran
New Europe | Kostis Geropoulos: The European Union is taking steps to protect EU companies investing in Iran from renewed US sanctions on…