Iran not concerned for importing needed goods: Official
IRNA – Iran is exporting and importing the needed goods without any concern despite the renewed US sanctions on the country, said…
Economy
Iran self-sufficient in producing power equipment after revolution: Energy
IRNA – Iran succeeded in self-sufficiency following the victory of the Islamic Revolution in producing power plants and even some foreigners are…
Iran, China hold expert meeting on maritime railway transportation
IRNA – The Iran-China expert meeting for reviewing challenges and opportunities of the two nations in developing cooperation in maritime and railway…
Iran natural gas output at 800 mcm/d
MNA – Iran’s natural gas output currently stands at 800 million cubic meters per day, a senior energy official said Saturday. The…
2019 Budget Bill outlines approved in Parl.
MNA – The generalities of the budget bill for the next Iranian calendar year in 1398 (to start March 21, 2019) were…
1st South Pars phase 22-24 platform online
SHANA – Production of rich gas has started from the first offshore platform of phase 22-24 of the supergiant South Pars gas…
Industry min. says spurring exports, top priority for next year
MNA – Minister of Industry, Mine and Trade Reza Rahmani said Sat. that exports will be prioritized in the next Iranian calendar…
Chaharmahal-Bakhtiari prov able to export $100m per year
IRNA – Head of Chaharmahal and Bakhtiari Industry, Mine and Trade announced that the production units of the province are capable of…
BPCL to import 1mn barrels of Iran crude in February and March
MNA – India’s second largest refiner by capacity, Bharat Petroleum Corporation Ltd. (BPCL), plans to import 1 million barrels of Iranian oil…
Deputy Minister: Iran to bypass oil sanctions
IRNA – Deputy Petroleum Minister Amir Hossein Zamani nia said on Sunday that during sanctions era maintaining the market status will not…
Iran private sector navigates uncertainty as some financial channels emerge
Financial Tribune | Mohammad Affianian: As Iranian businesses were reeling from the previous round of US sanctions — scrapped as part of…
Iran’s CB to tap blockchain technology
Financial Tribune – Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has…
How Europe’s forthcoming SPV can help Iran fight inflation
Bourse and Bazaar | Esfandyar Batmanghelidj: Europe has yet to launch its special purpose vehicle (SPV) to support trade with Iran and…
Official: Iran receiving revenues of gas exports to Iraq in Euro
FNA – CEO of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati announced that the country is due to…
Iran exports $200 mn worth of chandeliers annually
MNA – Islamic Republic of Iran annually exports $200 million worth of chandeliers to neighboring countries, said managing director of chandeliers cooperatives…
India will continue to import Iranian oil despite US sanctions – Ministry
Sputnik – A day after Washington threatened to impose further economic sanctions against Iran, India once again reiterated that it will continue…
Tehran, Baghdad vow to expand oil cooperation
FNA – Iranian Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart Thamir Ghadhban, in a meeting in Baghdad, exchanged view on…
Iran’s economy to shrink, before ascending in 2020: World Bank
Financial Tribune – Latest World Bank projections show Iran’s gross domestic product will continue to contract in 2019, before reversing gear in…
US official rules out further waivers on Iran oil imports
Reuters – The United States will grant no more waivers for Iranian oil after the reimposition of U.S. sanctions, the U.S. special…
S. Korea to restart oil imports from Iran in Jan-Feb
IRNA – South Korean oil buyers are expected to restart oil imports from Iran in late January or early February, the head…
Dropping zeros from bills to stabilize Iran economy: Agency
IRNA – Iran’s decision to slash four zeros from its currency will improve the economic situation in the country and gain more…
East Azarbaijan’s goods exported to 98 countries
IRNA – Export of goods from this province to 98 countriesin the first nine months of current Iranian year (beginning on March…
Currency reconversion not a turning point in economic reformation
MNA | Haniyeh Sadat Jafariyeh: One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of…
Stock rally picks up pace in Tehran
Financial Tribune – A rally in Iranian stocks picked up pace on Tuesday, following the lead of commodity shares as nine-monthly reports…
Iranian exports of aquaculture increases by 24%
IRNA – The head of the Iranian Fisheries Organization said exports of aquaculture to the European and Asian countries in the first…
Iranian ships allowed to commute in much high seas: Official
IRNA – Iranian ships have no significant problem about insurance coverage and can commute in much of the high seas and world…
Top banker: Removing zeros from Iran’s currency not to impact inflation
Tasnim – Governor of the Central Bank of Iran described a plan to lop off four zeros from the country’s currency as…
US faces unprecedented defeat in Iran sanctions campaign: Ayatollah Khamenei
Press TV – Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned the United States of an “unprecedented defeat” in…
Indian refiners pay for Iranian oil in rupees – UCO Bank executive
Reuters – India has begun paying Iran for oil in rupees, a senior bank official said on Tuesday, the first such payments…
How have sanctions affected Iran? Ayatollah Khamenei explains
Khamenei.ir – Arrogant powers usually impose economic sanctions on independent nations in order to make them give up on their path to…
Iranian scholar: US had no way but to exempt Chabahar from sanctions
IRNA – The fact that the US has exempted Iran’s port of Chabahar from the sanctions imposed against Iran indicates the significance…
US sanctions are surprise boon to Iran’s steel exports
Press TV – Iran’s dramatic currency depreciation has had beneficiaries, foremost in its burgeoning steel industry which has seen exports remain steady…
Trump war criminal for depriving Iranian patients of medicine: Official
IRNA – US President Donald Trump has deprived the Iranian patients of medicine and those doing so are war criminals, said managing…
POGC to Install 3rd Phase 14 Platform by March
SHANA – Operator of South Pars Phase 14 Development project said Platform 14B of the project was being prepared for loading to…
Iran, Afghanistan bilateral trade to grow through reducing, removing motorway tolling
MNA – The head of Iran Road Maintenance and Transportation Organization says that reducing or removing motorway tolling between Iran and Afghanistan…
Can EU make decisions independently of US, asks Iran’s vice president Jahangiri
Euronews | Javad Montazeri & Richard Good: Can Iran’s nuclear deal survive US President Donald Trump’s unilateral decision to withdraw from the agreement? Much…
Decline in mineral production permits
Financial Tribune – A total of 331 mineral production permits were issued during the first seven months of the current Iranian year…
Understanding Trump’s “Game of Thrones” with Iran
Iranian Diplomacy | Kaveh L. Afrasiabi: Last week at the White House, the November poster of Trump’s Game of Throne “Sanctions Are…
30% rise in home loans in Iran
Financial Tribune – Housing facilities allocated during the first eight months of the current fiscal year (March 21-Nov. 21) increased by 30%…
Iran, India move closer on trade as EU stalls
Bourse and Bazaar | AFP: Iran will boost trade with India as the European Union struggles to find a way to circumvent…