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Iranian Finance

  • Kurdistan accommodates over 40% of Iran’s exports to Iraq: Customs office

    Kurdistan accommodates over 40% of Iran’s exports to Iraq: Customs office

    May 06, 2020 14:16

    Iran says a significant portion of its exports to the neighboring Iraq is handled via the borders to the West Asian country’s semi-autonomous region of Kurdistan.

  • Number of reservoir dams in Iran to top 156 by August 2021: Minister

    Number of reservoir dams in Iran to top 156 by August 2021: Minister

    Apr 30, 2020 13:26

    The number of large dams in Iran would reach a total of 156 by August 2021, says the country’s Energy Minister as the government pushes ahead with plans to build 12 more reservoirs across the country.

  • Iran issues license for biggest bitcoin mining farm

    Iran issues license for biggest bitcoin mining farm

    Apr 29, 2020 09:19

    iMiner, a cryptocurrency company registered in Turkey, has been granted a license to mine digital coins and offer trading and custody services in Iran, Tabnak news website reports.

  • Iran earned $5.8bn from agrifood exports in year ending March

    Iran earned $5.8bn from agrifood exports in year ending March

    Apr 28, 2020 12:22

    Authorities say the agrifood sector has brought the country over $5.8 billion in foreign currency revenues over the past calendar year ending late March.

  • Business as usual as Iran reopens borders to international trade

    Business as usual as Iran reopens borders to international trade

    Apr 28, 2020 06:36

    Almost all Iranian borders are reopened to international trade, in a further sign that the novel coronavirus is coming under control after a period of shutdowns and restricted exchanges.

  • Iran’s crude steel exports up by 26% y/y in March

    Iran’s crude steel exports up by 26% y/y in March

    Apr 26, 2020 13:43

    A new report shows that exports of crude steel from Iran surged by over a quarter in the year ending March 19.

  • Iran power peak usage breaks record in cold months

    Iran power peak usage breaks record in cold months

    Apr 26, 2020 10:10

    Iran’s peak power usage has reached a new record in cold months, the country’s power grid operator says, amid rising consumption of electricity at homes where people are spending more time to weather the new coronavirus pandemic.

  •  Iran: Aluminum output would reach over 450k tons till March

    Iran: Aluminum output would reach over 450k tons till March

    Apr 22, 2020 11:39

    Iran’s production of aluminum would jump by more than 63 percent in the current calendar year ending March 2021 to reach over 430,000 metric tons, says the country’s minister for industries.

  • Iran’s IKCO discontinues production for Peugeot 405

    Iran’s IKCO discontinues production for Peugeot 405

    Apr 19, 2020 08:09

    Iran’s largest carmaker, the Iran Khodro Company (IKCO), says production for Peugeot 405 has ended after 25 years and no new orders will be submitted for the once popular French model.

  • Iran’s sponge iron exports up 86% despite 10% tariff

    Iran’s sponge iron exports up 86% despite 10% tariff

    Apr 17, 2020 02:53

    Iran has seen a nearly two-fold increase in its exports of sponge iron, a raw material mixed with scrap metal to produce steel, despite a 10-percent tariff imposed on the shipments last year.

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  • Araghchi: We know well how to stand up to bullying

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  • Khatam al‑Anbiya Central Headquarters: In event of any aggression, we will respond harsher than before

  • Senior Ansarullah member: Trump’s actions show U.S. has reached dead end

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