Tehran stock exchange registers highest growth in Asian markets
Financial Tribune – Latest data by World Federation of Exchanges indicates that by November TSE had a market capitalization of $145.66 billion,…
Economy
Iran ready to double electricity exports to neighbors
MNA – Iran has the potential to double the current bulk of its electricity exports to neighboring countries, CEO of Tavanir Company…
US sanctions and the dynamics of Iran’s petroleum sector
Al- Monitor |Bijan Khajehpour: Between 2016 and 2018, Iran’s energy sector was the main beneficiary of the lifting of nuclear-related sanctions. Increased…
Iran to build 1,000 MW solar farm in Markazi
MNA – Iran is set to build its largest-ever solar farm with a capacity as much as 1,000 megawatts in Markazi province,…
Iran pushes Iraq to maintain trade without US dollar
Al-Monitor | Salam Zidane: Iran is exerting considerable pressure on the Iraqi government to compel it not to abide by the US…
Iran’s gas production in South Pars field refinery up by 20%
Tasnim – The volume of gas production from the South Pars gas field’s sixth refinery in southern Iran has increased by 20…
How to counter oil sanctions
SHANA — We view sanctions as the conditions or the scope of project, i.e. assessing every factor, which is likely to affect…
Boeing stuck in Iran creates headaches for Norwegian Airline
Bourse and Bazaar | AFP: Norwegian Air Shuttle said Friday one of its Boeing 737s has been stuck in Iran for three…
Official: Selling oil at top of Iran priority list
Press TV – Iran’s deputy oil minister for trade and international affairs says despite US pressure, the number of potential oil customers…
Iraq remains Iran’s top non-oil export destination
MNA – Iran exported 15.485 million tons of non-oil commodities worth $6.929 billion to Iraq during the past nine months (March 21-…
Oil rises to $57 on OPEC cuts, China-US trade talks
Tasnim – Oil rose to around $57 a barrel on Friday after China said it would hold trade talks with the United…
Decrease in oil dependency most important point of budget bill: MP
IRNA – A member of the Iranian parliament has said the decline in oil dependency is one of the most important strengths…
US wants Iranians to ‘have better lives’ with sanctions: Pompeo
Press TV – US Secretary of State Mike Pompeo says Washington’s tough sanctions against the Islamic Republic are aimed at giving the…
Iran negotiates with three neighboring countries on preferential trade
MNA – The acting director of Trade Promotion Organization of Iran said Wed, that there are negotiations going on between Iran the…
Top banker: Banking reforms on CBI agenda
IRNA – Governor of the Central Bank of Iran Abdolnasser Hemati says banking reforms is on the CBI agenda. ‘Necessary programs have…
Israel acts at ‘military level’ amid US sanctions on Iran: Netanyahu
Press TV – Israeli PM Benjamin Netanyahu says he had “insisted” that the US reimpose sanctions on Iran, adding Tel Aviv complements economic pressures with its own actions “at…
Iran Gov’t allowed debt securitization in budget bill
Financial Tribune – In next year’s proposed budget the government is allowed to securitize up to 200 trillion rials ($2 billion) of…
Policy change at China’s bank of Kunlun cuts Iran sanctions lifeline
Bourse and Bazaar | Maziar Motamedi: Bank of Kunlun, the state-owned bank at the heart of China’s trade with Iran, has made…
Iran firms in talks to develop South Pars oil layer
Press TV – Iran is in talks with several domestic companies to extract more oil from South Pars after foreign companies abandoned…
IP gas project in limbo: Pakistan wants Iran to interpret sanctions
DAWN.com – Pakistan has urged Iran to explain in-writing its interpretation of sanctions that resulted in a massive delay in completion of…
Iran’s parliament issues ultimatum to domestic carmakers
AzerNews – A Member of Iranian Parliament said that at the meeting between the Parliament members and minister of industry, mine and…
Iraq says ‘not obliged’ to abide by US anti-Iran sanctions
MNA – The Iraqi foreign minister says his country is “not obliged” to abide by unilateral US sanctions against Iran, adding that…
Iran to double down on investment in oil’s growth engine India
Bloomberg | Ganesh Nagarajan and Debjit Chakraborty: Iran will invest about 15 billion rupees to expand a refinery run by Chennai Petroleum Corp. in…
Protests will continue to haunt Rouhani’s government, says Iranian economist
Iranian Diplomacy – A Tehran-based professor of economics believes: “The protests of December-January 2017 were the result of the government’s wrong policies…
Highest, lowest inflation across Iranian provinces (Dec 2018)
Financial Tribune – The overall goods and services Consumer Price Index in Iran registered a year-on-year increase of 37.4% in the Iranian…
Oil opens 2019 with losses on surging supply, signs of economic slowdown
Reuters | Henning Gloystein: Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S.…
Khorasan Petrochemical Company boosts exports by 12 percent
IRNA – Khorasan Petrochemical Company increased its exports volume by 12 percent in the first nine months of this Iranian calendar year…
Top 5 countries opting to ditch US dollar & the reasons behind their move
RT – The past year was full of events that inevitably split the global geopolitical space into two camps: those who still…
Sistan and Baluchestan power capacity to exceed 2.6 GW by 2021
MNA – Energy Minister Reza Ardakanian said on Tuesday that the electricity generation capacity in Sistan and Baluchestan province is set to…
Iran petchem output beyond 100 mt/y by 2025
SHANA — The CEO of the National Petrochemical Company (NPC) said Iran’s petrochemical production capacity would cross 100 million tons per year…
India, Iran to maintain trade level amid sanctions
MNA | Salman Parviz: To bypass the 2012 sanctions imposed by former US President Barrack Obama Administration, Iran and India continued business…
Refinery saves billions by building items domestically
SHANA — Refinery No. 9 of South Pars Gas Complex has so far indigenized production and repairing of 2,350 items used in…
Iran’s Central Bank urges exporters to return currency earnings
Financial Tribune – In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to…
US dream of halting Iran’s oil exports won’t come true
MNA – President Hassan Rouhani described economic activities in Iran promising and positive despite the enemies’ pressures, adding, “Americans won’t ever achieve…
Iran may still invest in Chennai Petroleum expansion: Indian Oil Corp.
MNA – India’s biggest refiner Indian Oil Corp Ltd said on Wednesday that Iran may still invest in a refinery expansion project…
South Pars Phase 13 refinery ready to sweeten 56 mcm/d gas
MNA – The onshore refining facility of South Pars Phase 13 is now prepared to be fed by all the gas produced…
Iran’s non-oil foreign trade falls 34% (Mar-Dec 2018)
Financial Tribune – Iran’s non-oil foreign trade during the one-month period ending Dec. 21, which marks the end of the Iranian month…
First Iran-made Citroen C3s delivered in Tehran
Financial Tribune – The joint venture company between France’s Citroen and Iran’s SAIPA delivered the first Citroen C3s made in the central…
Iran’s reliance on oil revenues to decrease by 28%: VP
Tasnim – Iranian Vice President Mohammad Baqer Nobakht reiterated the country’s policy to reduce its reliance on oil exports and said in…
Use of Superjets by Iran ‘out of question for now’
Press TV- The use of Sukhoi Superjet 100 aircraft in Iranian airlines has been put on hold for now because the Russian…