Iran, Turkey to integrate bank cards
IFP- Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards…
Economy
Qeshm Air in talks with Boeing on 20 jets: CEO
Press TV- An Iranian airline says it is in negotiations with Boeing for the purchase of 20 passenger planes even as US…
No gas flare in Parsi field
SHANA – Iran’s private sector has launched a station at Parsi Oilfield to collect associated gases and prevent their burning at flare…
Oil prices climb after Netanyahu announcement; stocks fall
Reuters – Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after…
Iran-EU trade hit €3.7b (Jan, Feb 2018)
Financial Tribune- Iran traded €3.74 billion worth of commodities with the 28 members of the European Union during the first two months…
Iran’s currency crisis spurs action in financial reform efforts
Bourse and Bazaar | Navid Kalhor: In the 2017 anti-money laundering (AML) index report published by the Basel Institute on Governance, which develops standards…
Iran, Germany poised for multilateral coop. with regional countries
MNA – Deputy Minister of Energy for International Affairs Farhad Yazdandoust pointed to the long history of cooperation between Iranian Ministry of…
Riyadh to fund, Taliban to protect TAPI gas pipeline
IFP- While Iranian officials maintain that it is unlikely the Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline project becomes operational, Saudi Arabia has pledged to provide…
CBI vows to address forex policy flaws
Financial Tribune- The governor of the Central Bank of Iran acknowledged shortcomings in the government’s new foreign exchange policy, promising that they…
Iran, Europe to broaden customs coop.
MNA – President of the Islamic Republic of Iran Customs Administration (IRICA) Foroud Asgari in a meeting with the Norwegian ambassador to…
Iran to save JCOPA harmless as long as oil transactions persist
SHANA – A senior Iranian oil official said the Joint Comprehensive Plan of Action (JCPOA) would be considered effective for Iran’s oil…
Basra ready to receive Iran gas
SHANA – An Iranian gas official said the Iraqi city of Basra has announced its readiness to import gas from Iran, adding…
Oil slips after U.S. rig count rises; Iran concerns cap downside
Reuters – Oil prices edged lower on Monday as a rising rig count in the United States pointed to higher production, but…
Exports from Bushehr hit $15b
Financial Tribune- About 37.8 million tons of commodities worth $15.08 billion were exported from Bushehr Province in southern Iran during the last…
Iran Auto Industry 2017-18: All you need to know
Financial Tribune- Iran’s key automotive sector experienced a significant surge during the fiscal which ended in March. With 1,534,799 units rolling out…
Iran’s currency tensions spur crypto ban
Al-Monitor | Maziar Motamedi: Last week, Iran joined the growing list of nations to crack down on cryptocurrencies. But why did it…
NPC ready to support petchem investors, licensors
SHANA – The CEO of National Petrochemical Company (NPC) voiced NPC’s support for petrochemical investors and licensors. Addressing a conference on Iran’s…
Iran-Europe banking, business forum kicked off in Tehran
Xinhua— The Sixth Iran-Europe Banking and Business Forum kicked off on Saturday. The event will focus on Iran’s business and banking ties…
3 Iranian banks to open branches in Germany: Envoy
IRNA – In order to facilitate trade exchanges with foreign partners, especially Europe, three Iranian banks of Middle East Bank, Saman Bank…
Iran, Turkey pledge to ease banking problems for broader bilateral relations
MNA– Mahmoud Vaezi, the Chief of staff of Iran’s president and Turkish Minister of Economy Nihat Zeybekci, vowed to increase bilateral interactions…
Official urges removal of Iran’s name from FATF blacklist
MNA – Manager of the Central Bank of Iran (CBI) Ferdows Zare’ for Compliance Affairs pointed to tracking transactions in Society for…
Europe’s interests in danger if it remains indifferent to Trump policies
IFP – Iran says the incumbent US administration will definitely harm Europe’s interests if it keeps silent over Trump’s policies. Addressing at…
Iran cryptocurrency project on track despite cenbank ban, minister says
Reuters – Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country’s central bank banned…
Iran says ready for US withdrawal from nuclear deal
IRNA – The Iranian top banking official said on Saturday that the Islamic Republic is quite prepared for potential US withdrawal from…
Knowledge-based companies produce new medicines
Press TV – At least five medicines produced by Iranian knowledge-based companies have been registered in Russia, says Iran’s Vice President for…
Iran’s zinc exports reach 386 million USD
Xinhua— Iran’s zinc exports during the past Iranian calendar year, from March 2017 to March 2018, reached 181,097 tons valued at 386…
Official advice for forex depositors
Financial Tribune- Governor of the Central bank of Iran Valiollah Seif has advised foreign currency depositors to be wary of banks’ credibility…
RIPI signs LNG deal with Fortune
SHANA – The Research Center of Petroleum Industry (RIPI) signed a memorandum of understanding (MoU) for China’s Fortune Company and a domestic…
Iran holds petrochemical industry conference in Paris
IRNA – Iran’s second petrochemical conference on upstream and downstream industries dubbed ‘development and investment’ was held in Paris Continental Hotel on…
Iran, Russia, Azerbaijan eye enhancing electricity coop.
MNA – Islamic Republic of Iran, Russia and Azerbaijan Republic discussed connecting electrical grids of the three countries and creating a North-South…
Collapse of Iran nuclear deal to nip EU projects in the bud – Ex-Diplomat
Sputnik– Although French President Emmanuel Macron took every effort to reach a compromise on the Iran nuclear agreement with Donald Trump, serious…
Boeing defers Iran deliveries, eases output concerns
Reuters– Boeing (BA.N) has found new homes for jets it hoped to deliver to Iran this year, further clouding the prospect of…
CBI puts inflation at 9.2%
Financial Tribune- The average goods and services Consumer Price Index for urban areas in the 12 months ending April 20, which marks…
Can ‘de-dollarization’ break Iran’s economic isolation?
Al-Monitor | Navid Kalhor: While the nuclear deal struck between Iran and six world powers in 2015 lifted international sanctions, it failed…
Oil holds near $68 as Iran speculation counters stockpile gain
Bloomberg– Oil held near $68 a barrel as President Donald Trump’s potential exit from the Iran nuclear deal increased concern over Middle…
Huawei is under U.S. criminal investigation for illegal Iran sales: Here’s what’s next
Forbes– On Wednesday, the Wall Street Journal reported that the Justice Department is investigating whether Huawei violated U.S. export sanctions related to…
Outbound travelers on pause over currency
Financial Tribune- The Central Bank of Iran has asked outbound travelers to postpone their trips until new reforms in forex policies are…
Iran denies drop in India oil imports, predicts rise
Press TV- Iran’s Ministry of Petroleum has dismissed reports of a decline in oil exports to India, saying the South Asian country’s…
Iran seals deals to buy 40 Sukhoi SuperJets
Press TV- Iran says two of its leading airlines have purchased a collective of 40 Sukhoi SuperJet 100 planes from Russia thus…
Czech official calls for removal of Tehran-Prague banking issues
MNA– Vice chairman of Czech Chamber of Commerce Borivoj Minar pointed to the implementation of a plan entitled “Towards Iran” launched since…