Total:79
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2019-05-29 20:59
By Mahnaz Abdi
Integrated forex market to fill gaps created by NIMA
In early July 2018, Iran launched Forex Management Integrated System, locally known as NIMA, to allow the exporters of non-oil commodities to sell their foreign currency earnings to importers of consumer products.
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2019-05-25 22:29
By Mahnaz Abdi
Producers to be more supported, encouraged
The current Iranian calendar year of 1398 is named as the year of "Pickup in Production" by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei.
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2019-05-24 21:14
By Mahnaz Abdi
CBI’s new directive on re-injection of export income requires amendment
Central Bank of Iran (CBI) unveiled a directive package on Monday which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy.
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2019-05-03 23:43
By Mahnaz Abdi
Significant annual jump for minerals production, exports
Iranian mining sector witnessed some prominent growth both in production and export during the past Iranian calendar year (ended on March 20, 2019).
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2019-05-01 20:03
By Mahnaz Abdi
NIOC selling oil at IRENEX while U.S. tightening sanctions
National Iranian Oil Company sold 70,000 barrels of heavy crude oil at Iran Energy Exchange (IRENEX) for the first time on Tuesday.
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2019-04-12 21:28
By Mahnaz Abdi
A year with positive performance for Iranian exchange markets
Based on the already released reports and data, Iran’s exchange markets witnessed fruitful performances and results in the past Iranian calendar year 1397 (ended on March 20, 2019).
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2019-03-06 17:19
By Mahnaz Abdi
Iranian capital market to experience new financial instruments
Applying new financial instruments in Iranian capital market has been a significant approach that Iran’s Securities and Exchange Organization (SEO) has adopted over the recent years to expand this market through availability of variable methods of financing.
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2019-02-25 20:26
By Mahnaz Abdi
Oil exploration projects to be handed over to private companies
Based on a memorandum of understanding signed on Sunday evening, National Iranian Oil Company (NIOC) handed over an oil exploration project to a private company for the first time.
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2019-01-23 21:27
By Mahnaz Abdi
TSE worth of trades up 62% since last March
TEHRAN- The value of trades at Tehran Stock Exchange (TSE) has risen 62 percent to 6.2 quadrillion rials (about $147.6 billion) from 3.8 quadrillion rials (about $90.9 billion) since the beginning of current Iranian calendar year (March 21, 2018), TSE Head Ali Sahraei announced in a press conference on Wednesday.
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2019-01-12 21:29
By Mahnaz Abdi
Iran’s daily gas output hits 800mcm: NIGC managing director
TEHRAN- In a press conference on Saturday, the managing director of National Iranian Gas Company (NIGC) announced that daily production of gas in the country has reached 800 million cubic meters (mcm).
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2019-01-07 21:55
By Mahnaz Abdi
International bourse in free zones under discussion
In an interview conducted by IRNA on Monday, the Secretary of Iran’s Free Zones High Council Morteza Bank announced that the council has submitted the draft bill on establishment of international bourse in the country’s free zones to the economic committee of the parliament and this committee is investigating the draft which will be then proposed to the cabinet.
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2018-12-22 20:10
By Mahnaz Abdi
‘South Pars development phases to be complete by March 2020’
TEHRAN- All development phases of Iran’s South Pars gas field, except for phase 11, will be completed by the end of the next Iranian calendar year (March 20, 2020), Mohammad Meshkinfam, the managing director of Pars Oil and Gas Company (POGC), announced in a press conference on Saturday.
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2018-12-14 22:20
By Mahnaz Abdi
Sanctions an opportunity to enhance non-oil exports
TEHRAN- Under the condition when the U.S. unilateral sanctions on Iran’s economy has reduced the country’s main source of income i.e. crude oil exports, Iran can turn the sanctions into an opportunity to enhance its non-oil exports as a reliable source of income.
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2018-11-13 21:40
By Mahnaz Abdi
Kish Island to host Iran’s intl. maritime exhibit in mid-Dec.
TEHRAN- Iran’s 20th International Maritime and Offshore Technologies Exhibition (IRANIMEX 2018) is planned to be held on Kish Island in south of the country from December 17 to 19.
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2018-11-04 21:09
By Mahnaz Abdi
Iran Air in negotiations with non-European airplane manufacturers
TEHRAN- Iran Air, Iran’s national flag carrier, has started negotiations with the non-European manufacturers of airplanes in line with renovation of its fleet, Farzaneh Sharafbafi, the managing director of the airline, announced on Sunday.
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2018-10-19 22:38
By Mahnaz Abdi
Debate over offering crude oil at IRENEX to tackle sanctions
The issue of offering crude oil in the stock market of Iran dates back to the Iranian calendar year of 1379 (March 2000-March 2001). Since then it has come on the table several times but was never materialized.
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2018-09-29 21:21
By Mahnaz Abdi
Private sector suggesting approaches to counter sanctions
The U.S.’s withdrawal from Iran’s nuclear deal and imposing fresh sanctions on the country has put Iran in a new economic condition and under the new condition the role that private sector can play to tackle the sanctions has come under the spotlight.
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2018-07-18 10:04
By Mahnaz Abdi
IME laying a proper ground to support Iranian products
The current Iranian calendar year has been named as the year of ‘support for Iranian products’ by Supreme Leader Ayatollah Ali Khamenei.
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2018-06-30 18:54
By Mahnaz Abdi
Lower end price main target in production: industry min.
“Our main target in the field of production is reducing the end price of products in the current year, which is the year of Support for Iranian Products”, Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari announced in a press conference on Saturday.
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2018-06-17 22:03
By Mahnaz Abdi
TSE index hit a 50-year record high of 102,000 points
TEHRAN - Players in Iran’s capital market witnessed a historical record in growth of Tehran Stock Exchange (TSE)’s main index (TEDPIX) which gained 3,306 points to hit 102,452 points on Sunday, something unprecedented in the 50-year history of the country’s stock market.
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2018-05-21 20:17
By Mahnaz Abdi
Iran’s European trade partners’ supportive steps to tackle U.S. sanctions
On May 8, Donald Trump officially pulled the United States out of Iran’s nuclear agreement, officially called the Joint Comprehensive Plan of Action or JCPOA, which was implemented in January 2016.
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2018-04-30 11:39
By Mahnaz Abdi
Private sector invigorating Iran’s post-sanction economy
Years of economic sanctions against Iran had caused great hardship for the country’s foreign trade, making Iranian traders faced with many barriers and dashing foreign traders’ hopes of business activity in Iran.
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2018-04-24 20:36
By Mahnaz Abdi
PMO supporting private sector in ports development
In a bid to bolster its foreign trade and also elevate its transit status, Iran has some projects underway to develop its ports which are located in north and south of the country.
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2018-04-23 20:38
By Mahnaz Abdi
Iranian chambers of commerce stimulating entrepreneurship throughout country
Entrepreneurship has come under the spotlight in many countries over the past decades and it has prompted the governments to adopt some new policies for promotion of entrepreneurship in their societies.
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2018-04-20 19:37
By Mahnaz Abdi
Tehran, Ankara moving to dump dollar in trade
Iran’s financial system has intensified its efforts to establish ties with a number of countries based on the national currencies, as the U.S. sanctions against the country have complicated transactions in dollars.
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2018-04-18 18:34
By Mahnaz Abdi
PMO to reduce port, maritime tariffs noticeably in current year
TEHRAN- Iran’s Ports and Maritime Organization (PMO) will reduce tariffs on maritime and port activities significantly in the current Iranian calendar year (begins on March 21), the organization’s managing director, Mohammad Rastad, announced in a press conference on Wednesday.
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2018-04-07 20:03
By Mahnaz Abdi
A year with more private sector’s contribution to transportation
Transportation development is one of the most significant necessities for economic growth and improvement of public welfare.
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2018-04-02 20:37
By Mahnaz Abdi
First-ever achievements of Iran stock market
The Iranian stock market has witnessed some first-ever successful experiences in the current Iranian calendar year, ending March 20, both in national and international transactions and also in terms of science and training.
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2018-03-14 09:57
By Mahnaz Abdi
Rising transit of goods via Iran to continue in upcoming year
The figures released by Iran’s Road Maintenance and Transportation Organization (RMTO) show that over 8.5 million tons of commodities have been transited via Iran during the 11-month period ended on February 19.
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2018-03-04 21:03
By Mahnaz Abdi
Persian Gulf Star Refinery to make Iran a gasoline exporter
Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock recovered from South Pars gas field which Iran shares with Qatar in the Persian Gulf.
