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Iran exported $2.3 bn worth of gasoline in 19 months to March 2021
May 04, 2022 00:21Iran exported nearly $2.3 billion worth of gasoline in more than 19 months to March 2021 despite sanctions imposed by the United States.
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Putin retaliates as EU prepares sanctions on Russian oil
May 03, 2022 08:51Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organisations".
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Iraq’s energy debt to Iran reduced to over $1 billion: Businessman
May 02, 2022 00:36A senior businessman watching over trade between Iran and Iraq says Baghdad has reduced its unpaid energy bill to Tehran to just over $1 billion from more than $5 billion reported in late 2020.
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Iranian economy grew by 5.7% in Q3 last fiscal year: CBI
May 01, 2022 01:02Figures by the Central Bank of Iran (CBI) show that the Iranian economy grew by 5.7% in the third quarter of the calendar year that ended late March.
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Iran definitely collected UK payment to settle historic debt: CBI
Apr 28, 2022 14:10Iran has rejected media reports claiming that Tehran has yet to receive a payment made by the United Kingdom last month to settle a historic debt.
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Iran’s petrodollars fully recovered, oil output back to pre-sanctions Level: CBI chief
Apr 28, 2022 02:19Iran has managed to restore its oil production to the pre-sanction levels and the country is earning all of the money from the crude it is exporting, Governor of the Central Bank of Iran (CBI) Ali Salehabadi said.
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Traders hail Iran's decision to scrap tax on import of foreign currency
Apr 26, 2022 23:55Foreign currency traders in Iran have hailed a decision by the government to scrap a tax on import of foreign currency into the country, saying the move would help neutralize the impacts of American sanctions on the Iranian economy.
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Iran issues building permits for 4 GW of solar power plants
Apr 25, 2022 00:53The Iranian Energy Ministry has issued permits for construction of 4 gigawatts (GW) of new solar power plants in the country.
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China bought 30% of Iranian exports in year to March: IRICA
Apr 25, 2022 00:41The Iranian customs office (IRICA) says China bought nearly 30% of all Iranian exports in the year to late March as the East Asian country continued to defy US pressure and deepened its trade ties with the Islamic Republic.
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Iranian government to sell shares in large domestic carmakers
Apr 24, 2022 01:20The Iranian government is planning to sell its shares in large automotive companies in the country, a move it deems necessary to create competition and to boost quality of home-made cars.