• Inflation rate at 30.6%: statistical center

    Inflation rate at 30.6%: statistical center

    TEHRAN- The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on April 20, which marks the end of the first Iranian calendar month of Farvardin, stood at 30.6 percent, IRNA reported.

  • Trade at TSE, IFB up 80% in a year

    Trade at TSE, IFB up 80% in a year

    TEHRAN- The value of trades at Tehran Stock Exchange (TSE) and Iran’s over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), rose 80 percent during the past Iranian calendar year (ended on March 20, 2019), head of Iran’s Securities and Exchange Organization (SEO) announced.

  • Plastic products main item exported to Iraq

    Plastic products main item exported to Iraq

    TEHRAN- Iranian commercial attaché to Iraq named plastic products as the major goods Iran exports to its neighbor Iraq, Tasnim news agency reported on Sunday.

  • China’s Bank of Kunlun to continue co-op with Iran

    China’s Bank of Kunlun to continue co-op with Iran

    TEHRAN- Directors of China’s Bank of Kunlun announced that the bank will continue cooperation with Iran, Mehr news agency reported.

  • China stands by Iran, opposing unjust U.S. sanctions

    China stands by Iran, opposing unjust U.S. sanctions

    TEHRAN - Chinese foreign ministry announced on Monday that the Asian country is consistent about opposing unilateral U.S. sanctions against Iran, Reuters reported on Monday.

  • Iran says U.S. can’t realize “Zero Iran oil” plan

    Iran says U.S. can’t realize “Zero Iran oil” plan

    TEHRAN – Following reports that the U.S. is planning to end the waivers on Iranian oil sanctions, a source with the Iranian oil ministry said Washington cannot drive Iranian oil exports to zero.

  • Over $547m worth of commodities traded at IME in a week

    Over $547m worth of commodities traded at IME in a week

    TEHRAN- During weekdays ending up to April 18, approximately, 378,167 million tons (MT) of commodities worth over $547 million were traded at Iran Mercantile Exchange (IME).

  • SPGC to boost annual gas output by 7 bcm

    SPGC to boost annual gas output by 7 bcm

    TEHRAN- South Pars Gas Complex (SPGC) plans to increase production of gas by seven billion cubic meters (bcm) in the current Iranian calendar year (which began on March 21, 2019), the managing director of company announced.

  • Trump’s dilemma with Iran: to extend waivers or not!

    Trump’s dilemma with Iran: to extend waivers or not!

    These days one of the major factors which is affecting the oil market is the U.S. President Donald Trump’s actions and their consequences. The imposition of sanctions on Venezuela, reimposition of sanctions on Iran, comments on Libya, the impact on Saudi Arabia and OPEC decision making, are just some of the scenarios in which Trump is the lead actor.

  • Iran, Bulgaria discuss expansion of trade ties

    Iran, Bulgaria discuss expansion of trade ties

    TEHRAN- Iran and Bulgaria explored the ways to expand trade relations during the visit of an Iranian trade delegation to Sofia, the news portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) published on Saturday.