Economy Archives | صفحه ۹۵ از ۱۲۷
Rial devaluation to end as CBI resumes rationing Dollar
Devaluation for the Iranian currency (rial) seems to have come to an end as the Central Bank of Iran (CBI) resumes rationing the US dollar while it dismantles price restrictions in two government-run exchange markets. CBI efforts to strengthen the rial finally put the brakes on the greenback on Monday as it was selling 260,000 […]
‘Economic ties with Iraq going back to pre-Covid-19 era’
TEHRAN, Sep. 09 (MNA) – Iran’s ambassador to Baghdad says despite regional problems and the current situation caused by the coronavirus epidemic, Iran’s economic relations with Iraq are being normalized, gradually going back to pre-Covid-19 outbreak. In an interview with IRNA, Iraj Masjedi said one of the main tasks and missions of the Embassy of […]
Central Bank of Iran Evaluates Tehran’s Monthly Housing Market
EghtesadOnline: Atotal of 9,080 homes were sold in Tehran during the fifth month of the current fiscal year (July -Aug. 21), registering a 35.4% decline compared with the preceding month and a 175.8% growth compared with the 3,292 deals in the corresponding month of last year. Data published by the Central Bank of Iran on […]
Airports to be equipped with intelligent system against COVID
TEHRAN, Sep. 02 (MNA) – Chief Executive of Iran Airports Company (IAC) said that all airports in the country will be equipped with the intelligent system against coronavirus, also known as COVID-19. Siavash Amir-Mokri made the remarks on Wed. and added, “As spread of coronavirus has dramatically decreased aviation revenue of Iran Airports Company (IAC), […]
Iran’s Exports to Iraq on Rise: Official
TEHRAN (Tasnim) – A senior member of the Iran-Iraq Joint Chamber of Commerce announced that the value of Iranian exports to Iraq during a period of five months from March to August stood at 2.4 billion dollars. Hamid Hosseini, who is in charge of coordinating trade between Iran and Iraq, said, “The average Iranian exports […]
CBI to prevent confiscation of $1.7bn of Iranian assets by US
TEHRAN, Aug. 30 (MNA) – The Central Bank of Iran has dismissed a lawsuit filed in the US to force a European financial provider in Luxembourg to transfer Iranian assets to the US. “The move by the US is doomed to fail like similar American legal attempts that have ended in Iran’s favor in recent […]
۲ new pharmaceutical factories to be inaugurated next week
TEHRAN, Aug. 26 (MNA) – Mohammad Reza Shanehsaz, head of Food and Drug Administration announced on Wednesday that two new pharmaceutical factories are to be inaugurated in the country next week. “Next week, two new pharmaceutical factories, one producing insulin pens and the other producing plasma products, will be inaugurated for the first time in […]
Indigenizing industrial equipment saves Iran over €1b
TEHRAN- Relying on domestic production has saved Iran €۱.۰۴۵ billion since the implementation of a program during which 11 desks have been held on the matter, Iranian Industry, Mining and Trade Ministry data showed. Of the mentioned amount, €۱۴۳ million has been the share of oil, gas, and petrochemical industries and €۱۱۸ million has been […]
Iran to Build 2nd Oceanic Port Along Makran Coast
EghtesadOnline: Iran’s Ports and Maritime Organization is planning to build a new oceanic port on Makran Coast in the southern Hormozgan Province and has currently launched studies. “This new port will be Iran’s second oceanic port after Chabahar in the southeastern province of Sistan-Baluchestan and accommodate larger vessels,” Chief Executive of PMO Mohammad Rastad was […]
FAO supports Iran to strengthen national agricultural systems
TEHRAN, Aug. 19 (MNA) – FAO assists Iran to establish a country-specific agricultural drought monitoring system, enabling the national authorities to detect periods of water stress and forecast crop yields more accurately in the Urmia Lake basin. The Food and Agriculture Organization of the United Nations (FAO) organised a three-day workshop to equip Iranian experts […]