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Iranian Finance

  •  Iran inked ‘very good’ oil deals with Latin American states: Minister

    Iran inked ‘very good’ oil deals with Latin American states: Minister

    Jun 21, 2023 13:56

    Petroleum Minister Javad Owji has expressed satisfaction over Tehran's recent signing of “very good” agreements in the upstream and downstream sectors of the oil industry with the three Latin American nations of Venezuela, Cuba, and Nicaragua.

  • President Raeisi:  Iran signs 35 documents with Latin American states

    President Raeisi: Iran signs 35 documents with Latin American states

    Jun 16, 2023 15:03

    President Seyyed Ebrahim Raeisi said that 35 Memoranda of Understanding (MoU) and agreements were signed with Venezuela, Nicaragua, and Cuba in energy, industry, mining, and power plant fields.

  •  Iran’s economic growth to surpass forecast for global economy average

    Iran’s economic growth to surpass forecast for global economy average

    Jun 16, 2023 14:10

    The World Bank has predicted a 2.2% growth for Iran's economy in 2023. This figure is higher than the average growth forecast for the global economy. That comes as the country is still under the illegal sanctions imposed by the United States.

  •  Iran reports historic surge in manufacturing activity

    Iran reports historic surge in manufacturing activity

    Jun 16, 2023 07:57

    Iran has reported a historic record in the output of its large manufacturing sector for the year to late March.

  •  Iran discovers largest porphyry copper deposit in region

    Iran discovers largest porphyry copper deposit in region

    Jun 13, 2023 08:14

    Iran has discovered a new copper deposit that is believed to be the largest such reserve in the Middle East and North Africa region.

  •  Iran, Venezuela sign 19 cooperation agreements, say will boost bilateral trade to $20bn

    Iran, Venezuela sign 19 cooperation agreements, say will boost bilateral trade to $20bn

    Jun 13, 2023 07:46

    Iran and Venezuela have announced their decision to increase the volume of bilateral trade to 20 billion dollars, as Iranian President Seyyed Ebrahim Raeisi is visiting the country on the first leg of his tour of three Latin American nations.

  •  Iraq releases $2.7bn of Iran’s frozen assets: Official

    Iraq releases $2.7bn of Iran’s frozen assets: Official

    Jun 10, 2023 16:46

    Chairman of the Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’haq says the Arab country has released $2.7 billion worth of Iranian funds in gas export money owed by the Baghdad government.

  •  President Raeisi set to visit three Latin American nations next week

    President Raeisi set to visit three Latin American nations next week

    Jun 07, 2023 10:52

    President Seyyed Ebrahim Raeisi is set to visit three Latin American nations next week to boost political, economic and scientific relations.

  • Iran seeking to become gas hub in the region: Oil minister

    Iran seeking to become gas hub in the region: Oil minister

    Jun 07, 2023 10:50

    The oil minister says the ministry is pursuing plans to turn Iran into the Middle East’s gas hub through cooperation with Qatar, Russia and Turkmenistan.

  •  Russian firms invest $2.7 billion in Iran’s oil industry: Official

    Russian firms invest $2.7 billion in Iran’s oil industry: Official

    Jun 02, 2023 14:29

    Russian firms has invested 2.7 bln in Iran's oil industry, the chairman of Iran-Russia Chamber of Commerce said.

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