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Iranian Finance

  •  Iran reports 30% surge in domestic wheat purchase

    Iran reports 30% surge in domestic wheat purchase

    May 31, 2022 15:20

    Iran’s purchase of domestically-grown wheat has increased by nearly 30% in the harvesting season that started in early April as a double increase in the guaranteed purchase price (gpp) for wheat announced by the government earlier this year has led to better yields across the country.

  • Iran, Russia sign major MoUs on energy, banking ties

    Iran, Russia sign major MoUs on energy, banking ties

    May 26, 2022 00:25

    Iran and Russia have signed three major memoranda of understanding (MoU) to expand energy and banking ties, says Iran’s Oil Minister Javad Owji.

  •  Russian deputy PM in Tehran: Trade with Iran up 10% at $4 billion

    Russian deputy PM in Tehran: Trade with Iran up 10% at $4 billion

    May 25, 2022 09:02

    Russia's Deputy Prime Minister Alexander Novak says the total value of bilateral trade between Moscow and Tehran in the last three months of the current year has grown by 10 percent compared to the amount a year earlier.

  • President Raeisi to travel to Oman Monday

    President Raeisi to travel to Oman Monday

    May 21, 2022 06:38

    President Seyyed Ebrahim Raeisi is traveling to Oman on Monday at the invitation of Sultan Haitham bin Tariq al-Said.

  • Iran: Officials redistribute food seized from hoarders

    Iran: Officials redistribute food seized from hoarders

    May 19, 2022 13:23

    The Islamic Revolution Guards Corps (IRGC) says its intelligence officers have seized huge quantities of food products from hoarders after the government introduced price hikes last week.

  • Iran’s domestic wheat purchase at 1.5 mln mt in month to May 11: GTC

    Iran’s domestic wheat purchase at 1.5 mln mt in month to May 11: GTC

    May 12, 2022 06:58

    The Government Trading Corporation (GTC) of Iran has bought nearly 1.5 million metric tons (mt) of wheat from farmers in the country in the new harvesting season that started early April as authorities hope increased domestic crop could allay concerns about international supplies affected by the war in Ukraine.

  • Iranian apple getting popular in India because of price and quality: Exporter

    Iranian apple getting popular in India because of price and quality: Exporter

    May 06, 2022 03:57

    An Iranian agriculture products exporter says Iranian apple is getting more popular in India because of price and quality issues despite media reports suggesting that Iranian traders camouflage apples as Afghan produce to avoid import duty.

  • Iran definitely collected UK payment to settle historic debt: CBI

    Iran definitely collected UK payment to settle historic debt: CBI

    Apr 28, 2022 14:10

    Iran 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.

  • Iran’s exports to Africa surge 107% to $1.1 billion

    Iran’s exports to Africa surge 107% to $1.1 billion

    Apr 27, 2022 08:30

    Iran’s exports to Africa surged 107% to $1.1 billion in the last Persian year which ended on March 20, Director General of the Arab and African Office of the Trade Promotion Organization of Iran Farzad Piltan says.

  • Pistachio exports down 33% in year to March: IRICA

    Pistachio exports down 33% in year to March: IRICA

    Apr 26, 2022 14:10

    Iranian customs office (IRICA) figures show pistachio exports from the country declined by nearly a third in the calendar year to March 20.

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