India’s Road, Transport and Highways Minister Nitin Gadkari said on Tuesday that his country has allowed an Iranian bank to open a branch in Mumbai in a bid to facilitate bilateral trade between the two countries.
News ID: 3207 Publish Date : 2019/01/09
The Central Bank of Iran has tabled a motion to lop off four zeros from the country’s currency, CBI chief announced.
News ID: 3184 Publish Date : 2019/01/07
Turkey's crude oil import profile is set for major changes this year following the re-imposition of US sanctions against its main crude supplier, Iran, coupled with the commissioning of Socar's new 214,000 bpd STAR refinery.
News ID: 3170 Publish Date : 2019/01/06
Iran has exported 15.485 million tons of non-oil commodities worth $6.929 billion to Iraq in the first 3 quarters of the current Iranian year (started on March 21, 2018), which is 59.17% more in weight and 48.7% higher in value, compared with corresponding period last year.
News ID: 3169 Publish Date : 2019/01/05
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Tehran and Damascus have agreed to deepen and bolster bilateral banking relations, and the two sides are determined to expand bilateral trade and business in national currencies of the two countries.
News ID: 3128 Publish Date : 2019/01/01
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati and India’s Ambassador Saurabh Kumar, in a farewell meeting at the end of the envoy’s mission in Tehran, discussed banking relations between the two countries, and announced that the rupee payment mechanism between the 2 countries will become operational in coming days.
News ID: 3126 Publish Date : 2019/01/01
Iran’s foreign debt will drop to $9.3 billion by the end of the current Iranian year (March 20, 2019) as the country’s oil exports will stand at one million barrels per day (bpd) next year, the World Bank predicted.
News ID: 3111 Publish Date : 2018/12/29
Parliament Speaker Ali Larijani said that the budget bill for the new Iranian year (to start on March 21, 2019) will focus on resolving economic issues to lower unemployment rate, increase the volume of non-oil exports, and boost national production.
News ID: 3110 Publish Date : 2018/12/29
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati reassured that the country is in full control over foreign currency exchange market.
News ID: 3032 Publish Date : 2018/12/22
High-ranking Iranian and Turkish officials are due to hold a meeting in Ankara on Thursday to discuss ways to further bolster and remove obstacles to the bilateral banking relations despite the US sanctions.
News ID: 3012 Publish Date : 2018/12/21
India will deposit payments for crude oil imported from Iran into escrow accounts of five of its banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to overcome US sanctions.
News ID: 3003 Publish Date : 2018/12/20
Iranian First Vice-President Eshaq Jahangiri underlined that Washington attempted to stir chaos in Iran's economy by imposing the hardest-ever sanctions against the country, but to no avail.
News ID: 2979 Publish Date : 2018/12/19
Chinese Deputy Foreign Minister Zhang Jun underlined the importance of his country's relations with Iran, specially in trade and economic fields, and Beijing's determination to continue bilateral ties in any conditions.
News ID: 2972 Publish Date : 2018/12/18
The volume of non-oil goods exported from the ports of Hormozgan province of Iran has increased by 24% in the past 8 months, Director of Bandar Lengeh Ports and Maritime Directorate Ghasem Askarinasab said, adding that the ports have also accomplished more successes in other areas.
News ID: 2971 Publish Date : 2018/12/18
Head of Iran-China Joint Chamber of Commerce said the banking transactions between Tehran and Beijing have not been still restarted due to a series of outstanding obstacles.
News ID: 2946 Publish Date : 2018/12/17
The value of Iran’s non-oil goods exported to the littoral states of the Persian Gulf in the past 8 months register a 38% increase, compared with the corresponding period in the last year, surpassing a total of $6.5 billion.
News ID: 2936 Publish Date : 2018/12/16
M ajor Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per the government’s new policy to shift the focus of major builders to distressed urban areas and informal settlements.
News ID: 2913 Publish Date : 2018/12/15
The European Bank for Reconstruction and Development, established to help foster democracy-building projects in former communist countries, is poised to adopt a strategic plan that rules out financing coal plants and mines — despite opposition from the U.S., the bank’s single biggest shareholder.
News ID: 2910 Publish Date : 2018/12/13
A senior provincial official announced that Iran and Oman have launched a direct sea route between their strategic ports which would facilitate trade exchanges between the two countries.
News ID: 2905 Publish Date : 2018/12/13
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Tuesday that the country has launched mutual financial channels with a number of world states for money transactions to confront the US sanctions.
News ID: 2887 Publish Date : 2018/12/11
