German trade with Iran continues to shrink due to US sanctions
Asharq Al-awsat English – German trade with Iran has continued to shrink with Iran due to the crushing economic sanctions imposed by…
Economy
Gold coin prices up 2% in Tehran market
Financial Tribune – Bahar Azadi and Emami gold coin prices were higher 2% on Tuesday, extending their growth in the past few…
Iran wants to start oil & gas production in this disputed hotspot
OilPrice | Simon Watkins: Given the array of sweetener deals in the oil and gas sector promised to Russia by Iran in…
Pharmaceutical exports from Iran reach $7.5m in six months
Financial Tribune – A total of $7.5 million worth of pharmaceuticals were exported from Iran during the first half of the current…
Iran’s 21 commercial ports handle 105 million tons of commodities
Financial Tribune – More than 105 million tons of commodities were loaded and unloaded at Iran’s 21 commercial ports during the first…
Iran’s Rouhani under fire over ‘peace time’ promises
Al-Monitor – “I made those [election campaign] promises during the peace time, but we later entered a state of war, one which…
Stock market playing bigger role in attracting liquidity
Financial Tribune – Almost 1,290 trillion rials ($9.9 billion) has been injected into Iran’s stock market since the beginning of current fiscal…
Health minister complains to WHO over US restrictions on Iran’s access to medicine, medical equipment
FNA – Iranian Health Minister Saeed Namaki in a letter to Secretary General of the World Health Organization (WHO) Tedros Adhanom blasted…
SCI surveys monthly food price changes: Tomato inflation highest
Financial Tribune – Tomato prices during the month under review rose by 171.1% and 106.8% compared to the previous month and last…
Bushehr shrimp production exceeds 21K tons
Financial Tribune – A total of 21,767 tons of shrimps have been produced in Bushehr Province’s aquatic farms since the beginning of…
Tea exports of 4,000 tons estimated to have earned $5m
Financial Tribune – A total of 4,000 tons of tea have been exported from Iran since the beginning of the current Iranian…
Tax evasion undermining economic equality
Financial Tribune – Visible inequality in income distribution aside, Iran’s economy is saddled with an unfair tax system that has made the…
Central Bank of Iran’s report for 8 months: Housing loans hit $3 billion
Financial Tribune – Iranian banks and financial institutions gave out a total of 6,288,511 loans, of which 11.5% were granted to the…
More sanctions on Iran are coming in 2020, State Department says
CNBC – State Department officials said Monday that the maximum pressure campaign on Iran will intensify in 2020, as the U.S. seeks…
CBI head: Petchem industry, vanguard of supplying Iran needed forex
SHANA – The head of the Central Bank of Iran said that petrochemical companies were the vanguard of supplying the country’s needed…
China’s Sinosure backing 3.7bn worth of petchem project in Iran: CBI governor
Press TV – Iran’s chief banker says the petchem sector in the country will further grow thanks to a huge investment by…
Petchem industry at forefront of non-oil export earnings: Rouhani
SHANA – Iranian President Hassan Rouhani said that the country’s petrochemical industry was at the forefront of generating revenues from non-oil exports.…
Iran: Essential goods clearance via green channel sets record
Financial Tribune – In the last Iranian month, 51% of all declaration forms for essential goods were approved for clearance through the…
Iran: Bank deposits rise 30% in 1 year
Financial Tribune – Deposits with Iranian banks and credit institutions have been rising over the past year to reach 23,493.9 trillion rials…
Iran eyes self-sufficiency in producing styrene chain items
SHANA — A memorandum of understanding on technical cooperation and investment was signed between Shazand and Tabriz Petrochemical Companies for the purpose…
Major challenges confront Iran shipping fleet
Financial Tribune – Iran’s shipping fleet cannot get services (like bunkering) in international waters and ports from Jan 1 because the vessels…
State companies to pay $444m in tax
Financial Tribune – Banks, companies and other organizations affiliated to the government must pay 57.8 trillion rials ($444 million) in tax in…
Bankers prefer CBI fix banking reforms
Financial Tribune – Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector.…
Last South Pars phase 14 platform loaded
SHANA – The last offshore platform belonging to Phase 14 of the South Pars Gas Field has been loaded at the yard…
Tehran stocks climb 0.5%
Financial Tribune – The main gauge of Tehran Stock Exchange TEDPIX gained 2,090.46 points, or 0.57%, on Sunday to end trading at…
Iran trades $430m with Eurasian Economic Union at preferential tariff rates
Financial Tribune – Iran has exported $180 million worth of commodities to Eurasian Economic Union member states under preferential tariffs since Oct.…
Oman eager to import from Iran instead of Lebanon, Syria
IRNA – Director General of Ports and Maritime Organization for Agreements and Market Development said Oman is interested in importing from Iran…
Promoting CNG as the national fuel, challenges and merits
MNA | Ebrahim Fallahi: Following the implementation of the gasoline rationing scheme, the government has been promoting the use of Compressed Natural Gas…
Sistan and Baluchestan prov. customs export over $772mn products in 9 months
MNA – Observer of Sistan-Baluchestan Customs and Director General of Zahedan Customs Reza Rasti said that about $772,959,515 worth of products were…
Exports to Uzbekistan rise 60%
Financial Tribune – Iran exported $152 million worth of commodities to Uzbekistan during the first eight months of the current Iranian year…
Tehran stocks on course for fresh rallies
Financial Tribune – Leaving behind a brief correction phase in the previous session, Tehran stocks resumed a month-long bull market on Saturday…
Has Iran found a way around US sanctions on aircraft deals?
Forbes | Dominic Dudley: Iran is due to receive three Airbus planes in the “very near future”, according to the country’s transport…
SCI’s provincial survey on latest consumer inflation in Iran
Financial Tribune – The highest month-on-month, year-on-year and average annual inflation rates were registered in West Azarbaijan with 6.3%, Ilam with 33.9%…
Exporters decry Iran’s CB inaction over forex repatriation rules
Financial Tribune – Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by…
Foreign investment in Maku FTZ up by 70-fold since 2013
IRNA – An official with Maku Free Zone Organization said on Thursday that foreign investment in the zone has increased by 70…
50% of Russo-Iran trade in national currencies
Financial Tribune – Commercial transactions in national currencies between Russia and Iran exceeded 50% in 2019, Moscow’s commercial representative in Tehran, Rustam…
Iran begins extraction of natural gas from offshore rig at South Pars
Press TV – Iran has officially started extracting gas from an offshore field in the Persian Gulf to add some 14.2 million…
Iran-EAEU free trade agreement to take effect in 2,3 years: Official
Tasnim – An Iranian official said an accord between Tehran and the Eurasian Economic Union (EAEU) countries will turn into a free…
Turkey’s Halkbank fails to halt US prosecution for aiding Iran
Reuters – A federal judge in Manhattan on Thursday rejected a request by Turkey’s state-owned Halkbank to put on hold a federal…
Iran’s dairy exports at $700m per annum
Financial Tribune – A total of $700 million worth of dairy products are exported from Iran annually, according to the secretary of…