Iran, US have stiff competition in global pistachio market
IRNA – Global pistachio market is dominated by Iran and the US who are in stiff competition to gain a bigger share…
Economy
US sanctions not to affect Iran’s economy: Envoy
IRNA – Ambassador of Iran to Pakistan Mehdi Honardoost says new US sanctions would have no impact on Iran’s economy. Talking to…
Two British banks ensnared in Huawei dispute
The Wall Street Journal – Two large British banks are among those ensnared in the controversy over Huawei Technologies Co., which escalated…
Iraq welcomes Iranian firms’ participation in reconstruction
IRNA – Iraqi Minister of Construction and Housing Bengin Rikani hailed Iranian companies’ participation in reconstruction of Iraq. During the meeting which…
New vision for investing in Iranian start-up ecosystem
IRNA – Iran’s Vice–President for Science and Technology said that there is a new insight into country for investment in the ecosystem…
400,000 tons of cement exported from Iran’s province in 8 months
IRNA – Some 400 thousand tons of clinker has been sent from Hormuzgan Province, southern Iran since the beginning of the Iranian…
Knowledge-based companies to offset sanctions effect on air industry
FNA – The number of Iranian knowledge-based companies entering the air industry has increased in the past couple of years, Head of…
3rd gas sweetening train of phase 22-24 refinery online
SHANA – Iran has launched the third gas sweetening train of the onshore refinery of South Pars phases 22-24. According to Pars…
ME, Africa, main target markets of Iran’s IT firms
MNA – Rouhollah Estiri, the director general for international business affairs of the Directorate for Science, said that Middle East and Africa…
Iran exports through Kurdistan province borders rise by 110%
MNA – The chairman of Kurdistan province’s Industry, Mine, and Trade administration said Sun. that an estimated $ 497 million worth of…
Iran’s renewable energy industry growing rapidly: Official
Tasnim – An Iranian energy official highlighted a rapid growth in the number of renewable energy plants across the country, saying more…
China’s Bank of Kunlun to resume financial transactions with Iran tomorrow
MNA – According to the Vice-Chairman of Iran-China Chamber of Commerce, Bank of Kunlun will resume receiving payments from Iranian importers tomorrow.…
Iran inflation increases at slower rate in November
Financial Tribune – The latest data published by the Central Bank of Iran show that Iran’s point-to-point inflation in November reached 39.9%,…
Shahid Rajaei Port throughput reaches 50m tons in 8 months
MNA – Over 49.5 million tons of oil and non-oil products were loaded and unloaded at Shahid Rajaee Port in the southern…
Open market operations predicted in Iran’s 2019 budget bill
Financial Tribune – The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate…
4th Iran-Oman direct shipping line launched
Financial Tribune – A new shipping line between Iran’s Jask Port and Oman’s Al Suwaiq Port has come on stream and will…
Europe must implement financial mechanism with Iran: MP
IRNA – Member of National Security and Foreign Policy Commission of Iranian Parliament emphasized that the establishment of ‘European Financial Mechanism’ was…
VP: Combating money laundering needs improving domestic financial system first
MNA – Laya Joneydi Vice President for Legal Affairs said that laws of Confronting Money Laundering and Terrorist Financing help country improve…
Germany, France reportedly agree on hosting Iran-EU trade mechanism
MNA – France and Germany have agreed on hosting a Special Purpose Vehicle to keep trade between Iran and the European Union…
Iran convicts 10 more on economic corruption charges
Tasnim – Iranian special courts for economic crimes have handed down prison sentences against 10 more men, including an Afghan national, for…
Iran-Oman trade sees 50% rise
Financial Tribune – Iran’s trade with Oman reached $870 million during the seven months since the beginning of the current Iranian year…
Iranian economic corruptor death sentence approved
IRNA – Iran’s judiciary spokesman announced that the death sentence of Hamid Baqeri Darmani was approved by the Supreme Court for bribery…
Iran, Iraq to finish railroad
IRNA – An advisor to Iran First Vice President Ishaq Jahangiri and Iraq’s minister of transport discussed finishing the railroad between Iran…
China vows ‘Severe Consequences’ if Huawei official is not released
The Wall Street Journal – China issued an ultimatum to Canada, demanding the immediate release of Huawei Technologies Co.’s finance chief or…
Russian envoy: Trading with national currencies a major step to counter US sanctions
MNA – Russian Ambassador to Iran Levan Dzhagaryan said that trading between Iran and Russia with national currencies is a key step…
Iran Supreme Leader urges currency boost: central bank
Reuters – Iran’s Supreme Leader Ayatollah Ali Khamenei has “ordered” the central bank to boost the value of rial, the bank’s governor…
Iraq hails Iranian firms presence in Karbala
IRNA – Head of Karbala Provincial Council, Nassif Jassem al-Khattabi welcomed presence of the Iranian companies in Karbala, Iraq. Al-Khattabi made the…
Iran, China resume banking ties: source
MNA – An informed source at the Iran-China Chamber of Commerce said Sat. that Tehran and Beijing have resumed banking ties after…
Protectionism saves $1m for refinery
SHANA – Iran’s Ilam Gas Refinery has saved more than a million dollars by implementing 10 projects aimed at supporting domestic manufacturers,…
Kaveh petchem plant operational by March 2019
SHANA – An official with the National Petrochemical Company (NPC) said Kaveh Petrochemical Complex was about to be commissioned, adding the project…
US sanctions accelerate Iran’s blockchain drive
Al-Monitor | Maziar Motamedi: Bitcoin buttons are seen displayed on the floor of the Consensus 2018 blockchain technology conference in New York…
OPEC deal could push oil to $80 per barrel – analyst tells RT
RT – The Organization of Petroleum Exporting Countries (OPEC) has reached a new deal to restrict global output. Oil prices jumped in…
Tehran stock market trading value reaches $9.6b
Financial Tribune – From the beginning of current fiscal in March, a total of 358,799 billion shares and right issues worth 1.1…
Iran says special channel for trade with Europe almost set up
Al-Monitor – Iranian officials have announced that a special channel to conduct trade with European countries has been established and will be…
Iran to export 1mn bdp of oil despite US sanctions: Energy expert
MNA – Refereeing to withdrawal of Qatar from OPEC , Omid Shukri says Iran will be able to export 1 million barrels…
Iran resumes flow of gas exports to Iraq after pipeline repairs
MNA – The Islamic Republic of Iran has resumed flow of gas exports to neighboring Iraq after a temporary halt due to…
Hypocrisy of US and its Mideast allies
MNA – There is no denying the fact that the US is using Saudi oil card to damage the oil-based economies of…
Iran’s CB allocates €6.8b for imports via secondary currency market
Financial Tribune – The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its…
Iran’s export of products to Iraq up by 67% in eight months
MNA – Iran’s export of products to neighboring Iraq registered a significant 67 percent hike in the eight months of the current…
Official: Next budget bill focuses on Iranians’ livelihood amid US sanctions
Press TV – Mohammad Baqer Nobakht, head of Iran’s Budget and Planning Organization, says the budget bill for the next Iranian calendar…