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Iran Mercantile Exchange monthly trade exceeds $1bln in December
Jan 01, 2017 10:50Iran Mercantile Exchange (IME) announced that around $1,087bln of various commodities weighting over 2,270,000 tons were traded in its domestic trading and exports halls in December.
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Asia imports of Iranian oil more than doubled
Dec 28, 2016 11:06India and South Korea have raised oil imports from Iran more than four times in a month which saw four major Asian buyers more than double their purchases from a year ago.
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Iran to export first petchem cargo to Australia
Dec 27, 2016 16:03Iran says Australia has joined the list of the clients of its hexamine – a fresh sign showing that petrochemical products are already receiving a central role in the country’s non-oil exports.
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Resistance Economy (2)
Dec 27, 2016 06:19The study of the strategies adopted by countries for economic development shows that reinforcement of economy and national production are necessities that some developing countries have enforced, which have in turn brought about positive results.
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Resistance Economy (1)
Dec 26, 2016 17:41Resistance economy is defined as reinforcement of the economy in the face of foreign and domestic shocks and threats, which maintains a long precedent in the science of economics. Many countries have sought such an economy, with each country selecting its specific approach via reliance upon its organizations and establishments.
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Iran, Kazakhstan seal key transportation deal
Dec 22, 2016 09:48Iran and Kazakhstan have signed an agreement to establish a joint dual-modal transportation company that could lead to the creation of a new transport corridor connecting Iran’s southern ports to the upper parts of Central Asia - and even possibly Russia and China.
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Iran sends first condensate cargo to Europe
Dec 22, 2016 09:48Iran says it has sent its first cargo of gas condensate to Europe in a sign that shows the country is already expanding the market for its ultra light oil.
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Malaysia’s Petronas to study Iranian oil fields
Dec 22, 2016 09:47Malaysia’s Petronas has signed an agreement to study two Iranian oil fields – the latest in a wave of similar agreements that the country is awarding international energy giants over its most lucrative oil projects.
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Islamic finance set for big lift from Iran
Dec 21, 2016 12:12The Islamic finance industry is expected to get a significant lease of life from the opening of Iran’s economy which has assets of around $448 billion to its name.
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IMF expects 6.6% economic growth for Iran
Dec 20, 2016 11:02The International Monetary Fund (IMF) says it expects Iran’s economic growth to reach as high as 6.6 percent for the Persian calendar year that started in March 2016.