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Iranian Finance

  • Investment requests pile up for Iran’s only oceanic port

    Investment requests pile up for Iran’s only oceanic port

    Mar 03, 2020 12:49

    As many as 53 companies have requested to invest in Chabahar, Iran’s only oceanic port, a senior official says.

  • Joint chamber head says Iran-Vietnam trade grew 100% last year

    Joint chamber head says Iran-Vietnam trade grew 100% last year

    Feb 28, 2020 13:43

    The Head of Iran-Vietnam Joint Chamber of Commerce, Mostafa Mousavi expressed optimism that trade between the two countries can reach $1 billion in 12 months if they remove obstacles to their monetary transactions and banking relations, as they have appropriate capacities for expanding ties with each other.

  • Iran: Majlis proposes 50% tax on Google advertisement services

    Iran: Majlis proposes 50% tax on Google advertisement services

    Feb 26, 2020 13:05

    A body advising the Majlis (Parliament) has proposed that the government should impose a tax of up to 50 percent on businesses using online advertisement services on Google search engine.

  • Seeking a niche in market, Iran hosts top gold producers

    Seeking a niche in market, Iran hosts top gold producers

    Feb 12, 2020 10:32

    Iran is among the world’s top seven producers of gold and jewelry, but it has to work its way through the ranks to win a position as an exporter, the head of Tehran International Exhibition Center says.

  • Iran gradually emerging from recession: Chief banker

    Iran gradually emerging from recession: Chief banker

    Feb 11, 2020 14:05

    The governor of the Central Bank of Iran (CBI) has said that the economy is emerging from a recession that began nearly two years ago when the United States imposed its unilateral sanctions on Tehran.

  •  Chief banker rejects FATF ruling would impact Iran forex market

    Chief banker rejects FATF ruling would impact Iran forex market

    Feb 09, 2020 13:20

    The governor of the Central Bank of Iran (CBI) has ruled out speculations that a pending decision by an anti-money laundering watchdog would negatively impact the currency prices in the country.

  • Renewables account for over 800 MW of Iranian power

    Renewables account for over 800 MW of Iranian power

    Feb 05, 2020 14:09

    Iran is speeding up efforts for development of renewable energy sector as latest data show electricity generation capacity form the renewables has reached 841 megawatts (MW).

  • Iranian research center obtains expertise for desulfurization of mazut

    Iranian research center obtains expertise for desulfurization of mazut

    Jan 31, 2020 03:15

    Head of a leading Iranian oil research center says it has mastered the technical capability to reduce the sulfur content of mazut, a heavy oil product which is being manufactured in the country in large volumes.

  • Iran begins producing rare earth for first time

    Iran begins producing rare earth for first time

    Jan 28, 2020 10:44

    Iran has launched a pilot project for extraction of rare earth, with a senior official saying the country had obtained technology for deep-level mining.

  • Iran expects steel exports to touch $5 billion despite US economic terrorism

    Iran expects steel exports to touch $5 billion despite US economic terrorism

    Jan 22, 2020 10:31

    Iran expects its steel exports to touch 10 million tonnes in the year to March 21, 2020 despite tyrannical sanctions imposed on the country by the US, a senior official says.

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

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