The price of copper was hammered on Friday amid an escalating trade war between the world’s two largest economies and a global economic slowdown.
News ID: 5708 Publish Date : 2019/08/04
Many countries are considering joining the European payment mechanism. Sweden, after Finland, is the second Scandinavian country to express readiness to be part of the trade channel.
News ID: 5704 Publish Date : 2019/08/04
Iran and Syria are set to establish three joint factories that will supply the country with vital staples such as anti-cancer medicine, baby formula and cars.
News ID: 5703 Publish Date : 2019/08/04
Tehran has been planning since 2008 to redenominate the national currency as it continued devaluation. Now, the government is pushing the plan forward following the drastic loss of the currency value last year after the restoration of economic sanctions on Tehran in 2018.
News ID: 5702 Publish Date : 2019/08/04
Iranian Minister of Foreign Affairs, Mohammad Javad Zarif announced Iran will implement the third phase of reducing nuclear commitments in the current situation.
News ID: 5701 Publish Date : 2019/08/04
The value of non-oil exports from Iran’s southeastern province of Sistan-Baluchestan jumped 86 percent during the first quarter of current Iranian calendar year (March 21-June 21) from that of the same quarter in the past year, head of the province’s Industry, Mining and Trade Department announced.
News ID: 5698 Publish Date : 2019/08/04
Some 518 development projects worth over 100 trillion rials (about $2.38 billion) were inaugurated during President Hassan Rouhani’s visit to East Azarbaijan Province on Thursday.
News ID: 5693 Publish Date : 2019/08/04
Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday that the country’s daily gasoline production is 15 million liters more than the consumption, IRNA reported.
News ID: 5682 Publish Date : 2019/08/02
Inflation rate (the increase in consumer prices besides those of the producer), as one the main economic indices, has skyrocketed during the past recent year, i.e. as of the US withdrawal from the JCPOA, May 8, 2018.
News ID: 5677 Publish Date : 2019/08/02
Ajoint trade forum between the businesspeople of Iran and Cuba is scheduled to be held in Tehran on Aug. 10, which marks the 40th anniversary of the start of diplomatic relations between Iran and Cuba.
News ID: 5663 Publish Date : 2019/08/01
A senior Iranian financier said Tuesday banks in the United Arab Emirates are willing to process Iran’s trade and business transactions despite sanctions that have restricted the country’s access to financial services in the Middle East.
News ID: 5631 Publish Date : 2019/07/31
First VP:
Iranian First Vice President Es’haq Jahangiri said on Monday that Iran’s reduction of commitments under the 2015 Iran nuclear deal could be reversed if other parties upheld their side of the agreement.
News ID: 5628 Publish Date : 2019/07/31
During weekdays ending up to July 25, approximately, 258,145 MT of commodities worth over $309 million were traded on the Iran Mercantile Exchange.
News ID: 5626 Publish Date : 2019/07/31
Deputy Governor of Central Bank of Iran (CBI) Akbar Komijani held talks with the Australian Ambassador to Tehran, Ian Biggs, on Tuesday to discuss expansion of banking and economic relations.
News ID: 5619 Publish Date : 2019/07/31
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €17.357 billion for imports of goods and services since it was launched in April 2018 up to July 22, 2019, IRNA reported.
News ID: 5617 Publish Date : 2019/07/31
Dr. Stuart Wiesner has been appointed Managing Director of Rheinfelden Alloys with immediate effect. He succeeds Hilmer Kirschner, who is leaving the company at his own request.
News ID: 5605 Publish Date : 2019/07/30
High-ranking Iranian and Australian officials in a meeting in Tehran on Tuesday conferred on ways to further develop banking ties and cooperation between the two countries despite the US sanctions.
News ID: 5600 Publish Date : 2019/07/30
Iran has won the first phase of the legal proceeding at the International Court of Arbitration (ICA) over the quality and price of gas it received from Turkmenistan in 2007, an informed source said.
News ID: 5599 Publish Date : 2019/07/30
Iranian ships export petrochemical products to Brazil and return with the South American country’s agricultural products onboard, an Iranian official said, adding that the commercial ties between the two sides are immune to the US unilateral sanctions against Tehran.
News ID: 5587 Publish Date : 2019/07/29
Iranian First Vice-President Eshaq Jahangiri underlined that his country's economy has remained stable one year after the US imposed the toughest embargos against Tehran.
News ID: 5582 Publish Date : 2019/07/29
