-
Iran,South Africa Trade Volume to Increase $1 bn
Director General of the Arabic-African Trade Development Organization said based on Iran and South Africa commercial exchange expansion program, two countries' trade volume will be 1 billion dollars by 2022, urging for removing banking barriers.
-
Iranians Purchase 2.5 Billion Dollars Cryptocurrencies
Chairman of the Economic Commission of the Parliament said over 2.5 billion dollars has been sent out to purchase virtual currencies so far.
-
Iranian Bank to Open Branch in Germany
Sina Bank's member of the board of directors reported that the bank's branch will be opened in Munich soon.
-
Iran Export to Europe Has Tenfold Increase:German Ambassador
German ambassador to Iran said Iran's export to Europe has grown tenfold after sanctions removal and also Europe's export to Iran has increased more than 60 percent since 2015.
-
U.S. Might Withdraw from JCPOA Next Month
US Secretary of State Mike Pompeo said the United States is likely to withdraw from the international deal on Iran's nuclear program next month
-
There Is No Problem for Financing with U.S. Withdrawal from JCPOA
Central Bank of Iran's Governor said there is no problem for financing and capital with possible withdrawal of U.S. from JCPOA, adding other scenario have been reviewed about it.
-
Emirates to Purchase Iran's Plane Orders from Boeing
Boeing Co. has been signing contracts with other buyers, including Iran's adversaries across the Persian Gulf, to cushion the loss of $17 billion in sales to Iran due to the possible imminent collapse of the Iran nuclear deal.
-
Iran on Track to Be Self-Sufficient in Aluminium
Iran is on a track to launch a new aluminium smelter early next year that would boost the country's output by 70 percent, making it self-sufficient in the metal by taking advantage of rich natural gas reserves.
-
Iran, EU Circumvent US Sanctions with euro: Prof
Dr. Eric Lob, a professor at Department of Politics and International Relations, Florida International University said EU countries will attempt to maintain trade with Iran by offering credit lines to Iran in euro.
-
Iran's Inflation Rate Stands at 9.2 Percent
Iran's inflation rate in the last twelve months ending in Farvardin month of the current year reached 9.2 percent.
-
Agreement on Establishing Free Trade Zone between Iran-EAEU Inked
Russian Prime Minister has signed an agreement for the formation of a free trade area on a limited range of goods between Iran- EAEU.
-
Iranian Mujtahids Say Cryptocurrencies Are Not Based on Sharia
Iranian Mujtahids said bitcoin and other cryptocurrencies are not based on Sharia laws.
-
Iran's Economic Growth above Global Rate
International institutes forecast Iran's economic growth in 2018 positive and over global growth rate.
-
Europe's Enthusiasm for Banking and Economic Cooperation with Iran
Managing Director of Export Guarantee Fund of Iran reported that Europeans are enthusiastic to have banking and economic relations with Iran.
-
Bitcoin Sale Banned in Iranian Exchange Shops
Director of the Central Bank's Payment Systems Administration said certified exchange shops don't sell bitcoin, adding those exchange shops sell bitcoin, committing illegal action.
-
Dollar Eliminated from Iran-Russia Trade under Oil for Goods Deal
The first delivery of Iranian crude oil to Russia under the oil-for-goods program has been completed and the sides aim to extend the deal for five years, according to Russian Energy Ministry Aleksandr Novak.
-
IMF: Iran's GDP Projection Is 4 Percent
International Monetary Fund in its latest World Economic Outlook report said Iran's GDP projection in the current and next year is 4 percent; while it is 4.3 percent in 2017.
-
First Iranian Foreign Exchange Credit Card Software Unveiled
The first Iranian credit card software based on foreign exchange in Aras free zone has been unveiled.
-
Iran-Turkey's National Currency Swap Implemented
The first LC has been opened for providing trade finance by using Iran and Turkey's national currencies swap agreement in Turkey.
-
Imposing New Sanctions against Iran to Spike Oil Price to $80
Brent oil could spike to $80 a barrel if the U.S. and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan said.
-
Indian Oil Company Owes 500 Million euros to Iran
Essar Oil has settled $2.5 billion Iran oil dues, still owes about $616 million (approximately 500 million euros).
-
EU Extends Anti-Iran Sanctions for One Year
The Council of European Union has extended sanctions against Iran until the end of April 2019.
-
Iran-Europe Bank Launches 30 Million euros Credit Line
Head of the International Affairs of Export Development Bank of Iran said 30 million euros has been allocated to the bank by signing a direct short term finance contract (re-finance) with the commercial bank of Iran-Europe Hamburg (Eihbank).
-
Iran Proposes 3 Billion euros Project to Russia
Iran proposed a project to electrify a 3,000-kilometer (1,860-mile) railway line that might cost up to 3 billion euros ($3.7 billion), the company's First Deputy CEO Alexander Misharin said.
-
Arvand Free Zone Attracts $250m Foreign Investment
Economic and Investment Deputy of Arvand Free Zone said in the previous year 10 thousand billion rials and also 250 million dollars were attracted in Arvand free zone as a domestic and foreign investment, respectively.
-
6th Banking and Business Forum of Iran-Europe to be Held
The 6th Banking and Business Forum of Iran-Europe will be held in Tehran in 8th and 9th of Ordibehesht month ( 28-29 April, 2018).
-
Russia Considering to Settle with Iran in National Currency
Russian Energy Minister said the option of payments for oil with Iran and Turkey in national currencies are being considered.
-
Iran Capital Market Has Interaction with 9 Countries
Deputy Chief of the Stock Exchange Organization for International Affairs said Iran's stock exchange has cooperation with 9 countries namely Germany, Switzerland, Turkey, China, Hong Kong, Oman, Greece, Iraq and India in various areas.
-
Iran Is Upgrading Anti-Money Laundering Laws: IMF
IMF says in recent years, significant efforts have been made in Iran for upgrading the legislative and institutional anti-money laundering and combating the financing of terrorism framework.
-
Iran's Producer Price Index Stands at 10.5 Percent
Producer Price Index in Iran in the last twelve months ending in Esfand month of 1396 increased to 10.5 percent from the earlier year.