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Iranian Finance

  • Iran aims to capture 20% share of imports into neighboring countries: Official

    Iran aims to capture 20% share of imports into neighboring countries: Official

    Feb 18, 2021 02:21

    Iran has set a target to supply a fifth of all goods imported into 15 neighboring and nearby countries, says a senior trade official amid efforts to boost non-oil exports to compensate for losses suffered because of lower crude sales.

  • Iran setting up direct shipping service to Syria’s Latakia

    Iran setting up direct shipping service to Syria’s Latakia

    Feb 11, 2021 16:16

    Iran is to open a direct shipping line between its major container port of Bandara Abbas in the south and Syria’s Mediterranean port of Latakia in early March, according a watching over trade between the two countries.

  • About 80% of Iranian power plants use natural gas as fuel: Minister

    About 80% of Iranian power plants use natural gas as fuel: Minister

    Feb 10, 2021 01:54

    Minister of Energy Reza Ardakanian said Iran is currently supplying natural gas to four in every five of its power plants, on par with major economies in the world and in line with a government policy to reduce pollution and increase the exports of valuable liquid fuels.

  • Iran’s foreign debt at $9.3bn, among lowest globally: Report

    Iran’s foreign debt at $9.3bn, among lowest globally: Report

    Feb 03, 2021 15:49

    Iran’s foreign debt rose to $9.3 billion by late December, up 3.5 percent compared to nine months earlier, according to figures released by the Central Bank of Iran (CBI).

  •  Tehran hosts three international industrial exhibitions

    Tehran hosts three international industrial exhibitions

    Feb 02, 2021 14:05

    The 16th International Exhibition for Mines, Construction Machinery and Related Industry, the 15th International Auto Parts Exhibition, as well as the 20th International Paint, Resin, Coatings, and Plating Industries are underway in Tehran.

  • Iran: Majlis rejects government’s new draft budget

    Iran: Majlis rejects government’s new draft budget

    Feb 02, 2021 08:59

    Majlis has rejected President Hassan Rouhani’s draft state budget of about $33.7 billion for the Iranian year of 1400 which begins on March 21.

  • Iran ahead of schedule in producing 20% enriched uranium: Qalibaf

    Iran ahead of schedule in producing 20% enriched uranium: Qalibaf

    Jan 28, 2021 13:15

    Parliament Speaker Mohammad-Baqer Qalibaf says Iran is ahead of schedule in enriching uranium to a purity level of 20 percent, almost a month after the country began to scale up its uranium enrichment program.

  • Iranians should have confidence in bright economic future: Rouhani

    Iranians should have confidence in bright economic future: Rouhani

    Jan 24, 2021 09:39

    President Hassan Rouhani has assured the nation of a bright future for the Iranian economy as the failure of the US economic war will open up a new chapter in trade ties.

  • World needs Iran’s oil, gas: President Rouhani

    World needs Iran’s oil, gas: President Rouhani

    Jan 21, 2021 09:36

    President Hassan Rouhani said the world needs Iran’s oil and gas, adding that the country can turn into a regional hub for producing and exporting gas and electricity.

  • President inaugurates major gas refinery in SW Iran

    President inaugurates major gas refinery in SW Iran

    Jan 21, 2021 09:35

    President Hassan Rouhani inaugurated the Persian Gulf Bid Boland Gas Refinery in the southwestern province of Khuzestan.

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