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May 18, 2022

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  • A look at situation of global car leasing market from 2017 to 2023

    A look at situation of global car leasing market from 2017 to 2023

    Automotive leasing market is growing 6.04% during predicted term (2017-2023)

    4 October 20 - 10:47
  • The digital economy has multiplied in the first six months of year

    The president announced;

    The digital economy has multiplied in the first six months of year

    According to statistics, the growth of digital economy in the first six months of this year has multiplied compared to the previous years, which has been very effective in observing hygienic principles and reducing contacts in these difficult conditions."; the President said.

    3 October 20 - 15:23
  • The currency of Iran is provided by non-oil exports

    President:

    The currency of Iran is provided by non-oil exports

    The President emphasized: "Today, the required currency mainly provided by non-oil exports in the field of industry and partially by agriculture and services."

    30 September 20 - 17:0
  • The banking system should focus on the prosperity of housing sector

    Vice president:

    The banking system should focus on the prosperity of housing sector

    "Increasing the amount of bank facilities in the housing sector can be effective in improving investment in our country and also the production of one million housing units." Jahangiri, the first vice president, said

    29 September 20 - 11:27
  • SCI: Iran inflation rate rises 0.2% y/y in September

    SCI: Iran inflation rate rises 0.2% y/y in September

    Iran’s annual inflation rate has been largely stable in September despite lower spending by the households amid the spread of the coronavirus pandemic.

    27 September 20 - 11:57
  • Moscow Slams 'Illegitimate' US Claims On Iran Sanctions

    Moscow Slams 'Illegitimate' US Claims On Iran Sanctions

    The Russian foreign ministry condemned the unilateral declaration by the United States that UN sanctions on Iran are back in force as "illegitimate" and "unacceptable".

    27 September 20 - 11:56
  • Iran ranks 1st in world oil, gas exploration in 2019

    Iran ranks 1st in world oil, gas exploration in 2019

    National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil giants in the world.

    15 September 20 - 19:22
  • 874,000 Bad Checks Written In One Month; CBI data shows

    874,000 Bad Checks Written In One Month; CBI data shows

    Checks worth about 195 trillion rials ($866 million) bounced during the Iranian month to July 21 -- up 4.9% and down 0.8% in terms of volume and value respectively, compared to a month earlier.

    6 September 20 - 18:26
  • $10 billion investments made in oil & petrochemical industries

    over past five months;

    $10 billion investments made in oil & petrochemical industries

    Some 10 billion investments have been made in oil and petrochemical industries over the past five months since the beginning of the current Iranian year (started on March 21, 2020), Oil Ministry said on Tuesday.

    2 September 20 - 14:43
  • Iran agricultural output surge by over 28% in 6 years

    Iran agricultural output surge by over 28% in 6 years

    Iran has seen a major growth in its agricultural sector as output has increased by more than 28 percent in six years ending March 2020.

    26 August 20 - 14:37
  • Leader: Iran’s economy should not be tied to foreign developments

    Leader: Iran’s economy should not be tied to foreign developments

    Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned that the country’s economic future should not be tied to developments in other countries, including the November presidential elections in the United States.

    23 August 20 - 18:10
  • EU Says US Is not Entitled To Trigger 'Snapback' Sanctions On Iran

    EU Says US Is not Entitled To Trigger 'Snapback' Sanctions On Iran

    US withdrew from the JCPOA in 2018 and can no longer call on its mechanisms, EU foreign policy chief said.

    16 August 20 - 19:58
  • Iran to supply oil at energy bourse

    Iran to supply oil at energy bourse

    President Hassan Rouhani said on Tuesday that the Iranian government has a plan to supply oil in the energy bourse so that the traders can trade oil in the domestic market.

    11 August 20 - 18:44
  • First Swiss deal with Iran via humanitarian channel gone through

    Swiss government:

    First Swiss deal with Iran via humanitarian channel gone through

    A Swiss pharmaceutical company has completed the first transaction under a new humanitarian trade channel with Iran, the government in Bern said on Monday.

    28 July 20 - 18:59
  • Iran’s estimated copper reserves climb by over 500mln tons

    Iran’s estimated copper reserves climb by over 500mln tons

    Iran has found new copper reserves of around 528 million metric tons to become the world’s seventh largest holder of such reserves, says an industry chief.

    26 July 20 - 16:34
  • Zarif: FM to use all means to return Iran's blocked funds

    Zarif: FM to use all means to return Iran's blocked funds

    Iranian Foreign Minister Mohammad Javad Zarif says his department would exhaust all means to have the country’s blocked funds released, adding that China and Oman have been the most supportive in this regard.

    15 July 20 - 18:54
  • IMF urges 'equity-like' government support for virus-hit firms

    IMF urges 'equity-like' government support for virus-hit firms

    International Monetary Fund Chief Economist Gita Gopinath urged governments to shift to “equity-like” support from one focused on loans as the coronavirus pandemic inflicts prolonged damage on companies.

    10 July 20 - 13:57
  • Tehran, Moscow to hold joint economic cooperation commission

    Tehran, Moscow to hold joint economic cooperation commission

    Iranian ambassador to Moscow Kazem Jalali and Russian Deputy Energy Minister Anatoly Tikhonov met and held talks on the latest and upcoming energy cooperation between Iran and Russia.

    4 July 20 - 18:9
  • Central Bank of Iran unveils its Euro Deposit Certificate plan

    Central Bank of Iran unveils its Euro Deposit Certificate plan

    The Central Bank of Iran (CBI) is planning to issue certificates of deposit in euro as it struggles to contain liquidity and tame the rising inflation in the country.

    29 June 20 - 18:36
  • Iran says it's ready for talks if U.S. apologises over nuclear pact

    Iran says it's ready for talks if U.S. apologises over nuclear pact

    Iran would be open to talks with the United States if Washington apologises for exiting a 2015 nuclear deal and compensates Tehran, Iranian President Hassan Rouhani said on Wednesday.

    24 June 20 - 19:24
  • Iran President Appeals to IMF to defy U.S., Grant It a $5 Billion Loan

    Iran President Appeals to IMF to defy U.S., Grant It a $5 Billion Loan

    Iranian President Hassan Rouhani appealed to the International Monetary Fund to defy U.S. resistance and grant the country a $5 billion loan.

    15 June 20 - 16:5
  • Iran signs two-year contract with Iraq to export electricity

    Iran signs two-year contract with Iraq to export electricity

    Iran has signed a two-year contract with Iraq to export electricity to the neighbouring country, Energy Minister Reza Ardakanian said.

    4 June 20 - 14:28
  • CBI: First Bond Auction Will Be Held on Tuesday

    CBI: First Bond Auction Will Be Held on Tuesday

    The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the «Murabeha bonds» on the interbank trading platform. 

    30 May 20 - 19:35
  • Tehran Stocks Exceed Key Level, Doubling Since First Virus Case

    Tehran Stocks Exceed Key Level, Doubling Since First Virus Case

    The Tehran Stock Exchange’s main index of shares exceeded one million points for the first time on Saturday, extending the record highs reached as the benchmark more than doubled since Iran’s first recorded Covid-19 case.

    9 May 20 - 19:31
  • "Reviving Cotton Seed plants of utmost importance to Boost Production"

    Deputy Minister;

    "Reviving Cotton Seed plants of utmost importance to Boost Production"

    The Iranian deputy minister of agricultural jihad stressed on the necessity of handing over cotton and oilseeds plants to the Union of Agricultural Cooperatives of Cotton and Oilseeds In order to help boost domestic production in the country.

    3 May 20 - 18:8
  • Iran's Trade With EU Grows by Over 9%

    Iran's Trade With EU Grows by Over 9%

    Trade between Iran and EU member states during January-February stood at €787.66 million to register a 9.17% increase compared with the similar period of 2019, latest data provided by the European Statistical Office show.

    1 May 20 - 13:58
  • EU foreign policy chief scolds U.S. for blocking Iran loan from IMF

    EU foreign policy chief scolds U.S. for blocking Iran loan from IMF

    Josep Borrell, the EU's foreign policy chief, criticized the U.S. for blocking an Iranian request for a loan from the International Monetary Fund.

    24 April 20 - 15:38
  • New Transactions with Iran Using INSTEX Imminent, Berlin says

    New Transactions with Iran Using INSTEX Imminent, Berlin says

    The Foreign Minister of Germany said that new transactions using the EU-Iran trading mechanism INSTEX, designed to allow Europeans continue trade with Tehran without breaking US sanctions, is underway soon.

    22 April 20 - 19:0
  • CBI Chief Urges IMF to Provide Virus Loan via INSTEX or SHTA

    Time to Act Is Now;

    CBI Chief Urges IMF to Provide Virus Loan via INSTEX or SHTA

    Iran’s central bank governor urged the International Monetary Fund to resist U.S. pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.

    20 April 20 - 16:26
  • Iran records $20 billion of non-oil exports to neighboring countries

    Iran records $20 billion of non-oil exports to neighboring countries

    Iran exported $20.3 billion dollars’ worth of goods to the neighboring countries over the past 10 months in the previous Iranian year.

    14 April 20 - 9:14
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