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May 18, 2022

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  • CBI's Governor Pays Visit to his Iraqi Counterpart

    CBI's Governor Pays Visit to his Iraqi Counterpart

    Central Bank of Iran's Governor on his Instagram elaborated on his meeting with his Iraqi counterpart.

    5 February 19 - 21:14
  • EU Prepared to Establish INSTEX with Iran

    EU Prepared to Establish INSTEX with Iran

    The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).

    31 January 19 - 12:19
  • 8th Conference of Electronic Banking and Payment Systems Kick off

    8th Conference of Electronic Banking and Payment Systems Kick off

    The 8th annual conference of electronic banking and payment systems are being held in the presence of senior Iranian bankers and economists in Tehran.

    29 January 19 - 11:7
  • Japanese Company Purchases 850000 Barrels of Iranian Oil

    Japanese Company Purchases 850000 Barrels of Iranian Oil

    Cosmo Oil has started loading its first Iranian crude oil cargo, the latest Japanese refiner to resume import of Iranian oil more than two months after the US sanctions waiver was granted.

    28 January 19 - 14:20
  • EU to Establish Payment Channel with Iran by Monday

    EU to Establish Payment Channel with Iran by Monday

    The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass U.S. sanctions on Iran, with three European diplomats saying the official unveiling could come as early as Monday.

    25 January 19 - 13:17
  • Japanese Refinery Loads 2 Million Barrels of Iranian Oil

    Japanese Refinery Loads 2 Million Barrels of Iranian Oil

    Japan started to receive its first Iranian oil cargo after winning oil waiver from the U.S.A.

    21 January 19 - 11:43
  • Third Stage of Supplying Oil in Iran Stock Market Finalized

    Third Stage of Supplying Oil in Iran Stock Market Finalized

    Iranian oil minister said the third stage of selling oil in stock market will be carried out in the current week.

    20 January 19 - 17:2
  • China Offers New Oil Deal to Iran

    China Offers New Oil Deal to Iran

    The offer is part of an existing contract between state-run Chinese energy giant Sinopec and the National Iranian Oil Company to operate the lucrative Yadavaran oilfield in the Islamic Republic's southwestern area.

    19 January 19 - 10:44
  • Rupee Payment Mechanism to Increase Indian Pharma Exports to Iran

    Rupee Payment Mechanism to Increase Indian Pharma Exports to Iran

    The Indian pharma industry now has an opportunity to increase exports to Iran, following a rupee payment mechanism agreed upon recently by India and Iran.

    18 January 19 - 11:37
  • Japanese Banks to Settle Iran Oil Payment in Yen

    Japanese Banks to Settle Iran Oil Payment in Yen

    Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the country's refiners to begin loadings as early as this month.

    15 January 19 - 14:0
  • Iranian One-Million Barrel Condensate Cargo to Berth in South Korea

    Iranian One-Million Barrel Condensate Cargo to Berth in South Korea

    A South Korean oil buyer is set to receive about 2 million barrels of Iranian condensate in January, a source familiar with the matter said on Monday.

    14 January 19 - 15:9
  • India Embarks on Settlement of Iran Oil Payment in Rupee

    India Embarks on Settlement of Iran Oil Payment in Rupee

    India has begun paying Iran for oil in rupees, a senior bank official said, the first such payments since the United States imposed new sanctions against Tehran in November.

    9 January 19 - 10:18
  • India Grants License to Iranian Bank to Open Branch in Mumbai

    India Grants License to Iranian Bank to Open Branch in Mumbai

    Indian government has allowed an Iranian bank to open a branch in India,Shipping, Road transport and Highways Minister Nitin Gadkari said after a meeting with Iran's Foreign Minister Mohammad Javad Zarif.

    8 January 19 - 11:40
  • Iran to Eliminate Four Zeros from its Currency

    Iran to Eliminate Four Zeros from its Currency

    Abdolnaser Hemmati, Central Bank of Iran's Governor, reported that 4 zeros will be removed from the national currency.

    6 January 19 - 12:59
  • Iran Approves Anti Money Laundering Amendment Bill

    Iran Approves Anti Money Laundering Amendment Bill

    Iranian member of the Expediency Discernment Council reported that the amendment bill to Anti Money Laundering (AML) has been approved by this council.

    5 January 19 - 17:19
  • Iran to Invest 4 Billion Dollars in Indian Oil Sector

    Iran to Invest 4 Billion Dollars in Indian Oil Sector

    Iran will invest about 15 billion rupees to expand a refinery run by Chennai Petroleum Corp. in south India, the company’s managing director said, amid U.S. sanctions on the Persian Gulf nation that have severely hit its oil exports.

    3 January 19 - 11:22
  • India Exempts Iranian Oil Payment in Rupee from Tax

    India Exempts Iranian Oil Payment in Rupee from Tax

    Indian finance ministry has exempted rupee payments made to the National Iranian Oil Co. for crude oil imports from a steep withholding tax.

    1 January 19 - 11:6
  • Using National Currencies on Iran,Syria Agenda

    Using National Currencies on Iran,Syria Agenda

    Central Bank of Iran's Governor and Syrian Minister of Economy in a cordial meeting emphasized the expansion of banking relations and using two countries' national currencies.

    31 December 18 - 20:27
  • Iran Trade Surplus Hits 738 Million Dollars

    Iran Trade Surplus Hits 738 Million Dollars

    Iran Customs Administration reports that Iran's trade surplus stood at 738 million dollars until the end of Azar month ( 21 November, 2108).

    30 December 18 - 12:51
  • Iran Oil Exports to Asian Countries Decrease

    Iran Oil Exports to Asian Countries Decrease

    Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November, government and ship-tracking data showed.

    29 December 18 - 15:52
  • National Development Fund of Iran Grants $8.550 bn Currency Facilities

    National Development Fund of Iran Grants $8.550 bn Currency Facilities

    National Development Fund of Iran gave 8.550 billion dollars currency facilities through 12 operating banks in the first three months of the current year(based on Persian calendar).

    28 December 18 - 14:59
  • Iran, Europe to Ink Customs Agreement

    Iran, Europe to Ink Customs Agreement

    Iran and the European Union are reviewing a comprehensive customs agreement and other related cooperation programs.

    26 December 18 - 17:4
  • Iran Oil Exports to India Decrease

    Iran Oil Exports to India Decrease

    India’s crude oil imports declined by 11.4 per cent year-on-year in November, the first fall since Iranian crude was restricted due to US sanctions.

    25 December 18 - 12:46
  • Oman to Strengthen Air Transport Ties with Iran

    Oman to Strengthen Air Transport Ties with Iran

    A senior official from the Public Authority for Civil Aviation (PACA) discussed enhancing air transport ties with Iran and Uzbekistan during a recently held meeting.

    24 December 18 - 13:33
  • India to Develop Payment Mechanism within 2 Weeks

    India to Develop Payment Mechanism within 2 Weeks

    Indian ambassador to the Islamic Republic of Iran says Indian payment mechanism will be developed within the next two weeks.

    23 December 18 - 13:13
  • U.S. Seeking to Stymie Iranian Cryptocurrency Development Plan

    U.S. Seeking to Stymie Iranian Cryptocurrency Development Plan

    A few days ago, Rep. Mike Gallagher (R-Wisc.) introduced a bill that attempts to prevent Iran from advancing in its efforts to create a cryptocurrency.

    23 December 18 - 10:39
  • France Fines TOTAL 500000 Euros for Bribery Case in Iran

    France Fines TOTAL 500000 Euros for Bribery Case in Iran

    A Paris court fined French oil and gas group Total (TOTF.PA) 500,000 euros ($570,000) on Friday for bribing foreign public officials in a case related to Iranian contracts in 1997.

    22 December 18 - 11:17
  • China's Kunlun Bank Resumes Financial Transactions with Iran

    China's Kunlun Bank Resumes Financial Transactions with Iran

    Member of Iran's Chamber of Commerce delegation reported that China's Kunlun Bank has resumed its banking relations with Iran.

    21 December 18 - 11:24
  • Switzerland to Establish Payment Channel with Iran

    Switzerland to Establish Payment Channel with Iran

    Switzerland is close to launching an initiative to let companies sell food, medicine and medical devices to Iran using a payments channel that would be the first such mechanism to win Washington’s approval since it reimposed sanctions against Tehran.

    20 December 18 - 8:17
  • India to Deposit Iran's Oil Payment into 5 Escrow Accounts

    India to Deposit Iran's Oil Payment into 5 Escrow Accounts

    India will deposit payments for crude oil imported from Iran into escrow accounts of five of their banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to overcome U.S. sanctions, according to people with knowledge of the matter.

    19 December 18 - 11:21
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