Iran, Kyrgyzstan can use own currencies to boost trade: Jahangiri
MNA – Iran’s First Vice-President Es’hagh Jahangiri proposed the idea of using national currencies in trade transactions between Iran and Kyrgyzstan in…
Economy
Iran’s Rouhani open for Trump meeting if sanctions lifted
Al-Monitor – Iranian President Hassan Rouhani has once again expressed his preparedness for talks on an internationally negotiated solution involving the United…
Iran slashes budget spending as US sanctions crush oil sales
Bloomberg | Arsalan Shahla: The government of Iranian President Hassan Rouhani approved a substantially smaller budget for the next fiscal year as…
We would never forfeit Iranian nation’s rights: Zangeneh
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said he and his team would never give up on the Iranian nation’s rights.…
Iran, Kyrgyzstan plan to increase trade ties by over 10 times
Press TV – Iran and Kyrgyzstan have vowed that bilateral trade would exponentially increase in the near future mainly because of Iran’s…
Iran backs OPEC decision on output cuts
IRNA – Iran’s Representative to OPEC said on Thursday that Tehran supports the decision of the majority of the OPEC member states…
Zarif deplores Sweden’s refusal to sell Iran EB medicine
Tasnim – Iranian Foreign Minister Mohammad Javad Zarif decried Sweden for refusing to provide Iran with the medicine for treatment of the…
Iran, Russia agree to broaden port, maritime cooperation
FNA – Managing Director of Iran’s Ports and Maritime Organization Mohammad Rastad and Head of Russia’s Federal Agency for Maritime and River…
Iran, Armenia businesswomen to expand coop. in framework of EEU trade deal
Financial Tribune – The private sectors of Iran and Armenia signed two memoranda of understanding to expand their presence in the Eurasian…
Overhaul of South Pars gas platforms complete
SHANA – Overhaul operations of 22 offshore platforms in South Pars Gas Field has come to an end after 160 days. Head…
Iran’s next budget bill scrutinized
Financial Tribune – With the due date for the government’s submission of next fiscal year’s (March 2020-21) budget bill to parliament just…
Iran, Tajikistan to use local currencies for bilateral trade: Minister
Press TV – Iran and Tajikistan have agreed to use local currencies for bilateral trade as they seek to increase economic and…
Iran, cut off from vital cash reserves, faces deeper economic peril, US says
The Wall Street Journal | Ian Talley: While Iran’s sanction-battered economy has sparked protests across the nation, U.S. officials cite new intelligence…
Iran VP admits US pressure hitting economy hard
Al-Monitor – In a series of remarks rarely heard from Iran’s political elites, First Vice President Eshaq Jahangiri lamented Washington’s onerous sanctions…
Iran’s load/unload of petchem cargoes surge by %28.4 year-on-year: Report
Press TV – A new report shows that load and unload activity for petrochemical cargoes at the Iranian ports have surged by almost…
Iranian banks selling $1.4bn in assets amid overhaul: Report
Press TV – Nearly $1.4 billion in assets owned by 18 Iranian banks are being sold as the banking system in the…
Netanyahu to press Pompeo for more pressure on ‘tottering’ Iran
AFP – Israeli Prime Minister Benjamin Netanyahu travelled to Portugal Wednesday to meet US Secretary of State Mike Pompeo and call for…
Negotiations possible once US lifts unjust sanctions: Rouhani
MNA – Iranian President Hassan Rouhani said Wed. that negotiations could take place once the US removed its unjust sanctions against Iran,…
New cash transfers may lift 2 million Iranians out of poverty
Bourse and Bazaar | Djavad Salehi-Isfahani: The gasoline price hike of November 15 triggered widespread and violent protests in Iranian cities. Three…
Iran largest petrol producer in OPEC
SHANA — Completion and operation of the Persian Gulf Star Refinery, as the largest gas condensate refinery in the world, implementation and…
Will Iran’s 50% gas price hike pay off for the economy?
Al-Monitor | Bijan Khajehpour: On Nov. 15, Iran announced a shift in its gasoline subsidy policies that led to massive social protests…
Iran-made polypropylene catalyst to hit market by March
SHANA – Iran’s Petrochemical Research and Technology Company (PRTC) has planned to supply the market with the catalyst required for production of…
Iran, Iraq’s KRG trade volume exchange to hit $6bn annually
MNA – Trade volume exchange between Islamic Republic of Iran and Iraqi’s Kurdistan Regional Government (KRG) will hit $6 billion annually. Chairman…
Sanctions may have fueled Iran protests, but have yet to further US goals
The New York Times | David E. Sanger: President Trump likes to say that Iran is “a different country” after 18 months…
Envoy: UK to support trade with Iran if JCPOA continues
IRNA – UK Ambassador to Iran Rob Macaire referred to the E3 statement on 6 European states joining INSTEX saying it shows…
Courts order US to pay $130bln to Iranian citizens in damages
Tasnim – Iran’s courts have ordered the US government to pay ordinary Iranian plaintiffs a sum of $130 billion in damages caused…
Envoy: Austria displeased with US sanctions against Iran
FNA – Austrian Ambassador to Iran Stefan Scholz underlined his country’s displeasure with the US sanctions against Tehran, and hoped for the…
Iran’s daily mushroom exports hit 20 tons
Financial Tribune – Iran exports 20 tons of mushrooms daily, according to the chairman of the board of the Union of Mushroom…
Food price changes reviewed
Financial Tribune – Eight out of 24 food prices SCI reports every month saw declines in the eighth Iranian month (Oct. 23-Nov.…
NIDC drills 111,000 m of oil, gas wells in 8 months
SHANA – The National Iranian Drilling Company (NIDC) has drilled 111,000 meters of oil and gas wells since March 2019. According to…
Tax break ends for life insurance
Financial Tribune – Life insurance henceforth will not be tax exempt, the head of Iran National Tax Administration told reporters following a…
Statistical Center of Iran surveys provincial inflation rates
Financial Tribune – The growth in overall Consumer Price Index was the highest (2.3%) for Kohgilouyeh-Boyerahmad Province during the eighth month of…
Iran to open first privately-owned port on the Caspian Sea
Press TV – Iranian authorities say a first privately-owned port facility in the north of the country and on the Caspian Sea…
Stocks in Tehran extend gains
Financial Tribune – The main gauge of Tehran Stock Exchange gained more than 4,000 points on Sunday to claw back to the…
Zarif urges EU to save Iranian kids with EB instead of threats
Iran Front Page – Iran’s Foreign Minister Mohammad Javad Zarif has urged European countries, Sweden in particular, to allow the sale of…
E3 welcomes six European countries joining INSTEX
Tehran Times – France, Germany and the United Kingdom have issued a joint statement welcoming a decision by Belgium, Denmark, Finland, the…
Eurasian states willing to do business with Iran
FNA – Minister for Trade of the Eurasian Economic Commission Veronika Nikishina said that Eurasian countries are interested in doing trade and…
Netherlands: INSTEX aims to counterbalance US sanctions
IRNA | Ali Izadi: The Netherlands’ Ambassador to Tehran Jacques Werner says the Instrument in Support of Trade Exchanges (INSTEX) primarily aims…
Iran allowing air taxi services for first time amid sanctions
Press TV – Iranian authorities say air taxis would be allowed for a first time in the country as demand for short-haul,…
Blocking Iranian officials’ accounts violates basic freedoms, democracy: Expert
Press TV – Blocking accounts of top Iranian officials is a violation of freedom of information and freedom of expression, according to…