Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati says the bank is going to control the currency market just like it did in the previous year, IRNA reported.
News ID: 9533 Publish Date : 2020/05/19
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) says the country’s chambers of commerce have provided 1.63 trillion rials (about $38.8 million) to help containing the coronavirus, IRNA reported.
News ID: 9516 Publish Date : 2020/05/17
Earlier on Sunday, Government spokesperson Ali Rabiei announced that the shares of four refineries, namely Isfahan, Tabriz, Bandar-Abbas, and Tehran, were due to be offered at Tehran Stock Exchange (TSE) on June 21.
News ID: 9318 Publish Date : 2020/05/05
These days, the oil market is facing an unprecedented crisis; on one hand the demand for oil has fallen drastically due to the slowdown in the global economy following the coronavirus outbreak and on the other hand the start of a price war between Saudi Arabia and Russia hit the market so hard that oil crashed to a level not seen in 29 years.
News ID: 8931 Publish Date : 2020/03/22
The fourth edition of Iran’s National Excellence and Progress Award which celebrates achievements and improvements of the country’s economic sectors is slated to be held on Sunday, IRIB reported.
News ID: 8472 Publish Date : 2020/02/21
Iran produced 2.086 million barrels per day (bpd) of oil in January, a 9,000-bpd decrease from 2.095 million bpd in December 2019, according to OPEC’s latest monthly report published on Wednesday.
News ID: 8440 Publish Date : 2020/02/15
As one of the world’s oil-rich countries, Iran, for long, has been deeply relied on oil revenues for its economy and even all the governments which have come and gone since the Islamic Revolution in 1979, have based their economic policies upon oil while other areas remained deprived of the attention.
News ID: 8439 Publish Date : 2020/02/15
Foreign investment in Iran has risen 50 percent during the first 10 months of the current Iranian calendar year (March 21, 2019-January 20, 2020) from the same period of time in the past year, Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced.
News ID: 8386 Publish Date : 2020/02/04
Iranian acting banks are authorized to offer up to $3 billion of loans to the oil industry’s upstream sector, according to the country’s budget bill for the next calendar year (starts on March 19, 2020), IRNA reported.
News ID: 7867 Publish Date : 2019/12/09
Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at an average price of $50, ISNA reported.
News ID: 7860 Publish Date : 2019/12/09
Chairman of the Board of Directors of Iranian Association of Manufacturers of Oil Industry Equipment said nearly 85 percent of the country’s oil industry equipment are produced based on indigenized knowledge and technology, IRNA reported.
News ID: 7708 Publish Date : 2019/12/03
Officials, businessmen and entrepreneurs from Iran and Italy gathered together in Milan on Friday to discuss ways of expanding economic cooperation, IRNA reported.
News ID: 7665 Publish Date : 2019/12/01
Iran’s steel products output is going to reach 28 million tons by the end of the current Iranian calendar year, IRNA reported, quoting deputy industry, mining and trade minister as saying on Thursday.
News ID: 7263 Publish Date : 2019/11/01
Head of Iran’s Trade Promotion Organization (TPO) said a roadmap has been prepared for promoting the country’s non-oil exports to 15 neighboring countries, Tasnim news agency reported on Monday.
News ID: 7220 Publish Date : 2019/10/14
Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) warned Europeans that competitors would replace them in the Iranian market if they procrastinate any further.
News ID: 7197 Publish Date : 2019/10/09
Phase 14 of South Pars gas field (in the Persian Gulf) is going to come on stream in the upcoming Iranian calendar year of 1399 (starts on March 20, 2020), Shana reported, quoting Iranian Oil Minister Bijan Namdar Zanganeh as saying on Monday.
News ID: 7192 Publish Date : 2019/10/08
Iran’s National Airline (Iran Air) has reported a surge in operating profits for the past Iranian calendar year (ended in March 2019) despite a surge in aviation costs resulted from the U.S. sanctions on the country.
News ID: 7176 Publish Date : 2019/10/06
Annual production of crude steel in Iran is planned to rise three million tons to 28 million tons in the current Iranian calendar year (ends on March 19, 2020), the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced on Wednesday.
News ID: 6924 Publish Date : 2019/10/23
Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. efforts for stopping development of the country’s oil industry has failed, Tasnim news agency reported.
News ID: 6921 Publish Date : 2019/10/21
Iranian Industry, Mining and Trade Minister Reza Rahmani said his ministry is planning on handing over the country’s major auto makers to the private sector, IRIB reported.
News ID: 6867 Publish Date : 2019/10/16