EghtesadOnline: The government will launch one of its biggest schemes to divest banks’ non-financial assets in the coming week, a deputy minister of economy said. The divestiture is related to non-financial assets of state-owned Bank Sepah, according to Abbas Memarnejad, the deputy economy minister for banking, insurance, and state-owned companies’ affairs. Bank Sepah plans to […]
TEHRAN (Tasnim) – China announced on Tuesday a new list of 79 US products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s finance ministry said in a statement the new waivers will take effect on […]
TEHRAN, May 12 (MNA) – In a statement titled as “Reality Check of US Allegations Against China on COVID-19”, Chinses ministry of foreign affairs responded to allegations of the US politicians and media outlets allegations seeking to shift the blame to China for their inadequate response to COVID-19. “Recently, some US politicians and media outlets […]
EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy nosedived to its lowest level in the first month of the current fiscal year (March 20-April 19) in another sign that the coronavirus pandemic is causing serious economic damage to the country. The announcement was made by the Statistics and […]
EghtesadOnline: Iran’s non-oil commercial exchanges with Persian Gulf Arab states, including Iraq, the UAE, Oman, Qatar, Kuwait, Syria, Lebanon, Jordan and Saudi Arabia, hit $21.5 billion in the last Iranian year that ended on March 19, 2020. According to Director General of Trade Promotion Organization of Iran’s Arabic-African Affairs Office Farzad Piltan, Iran exported $12.5 […]
TEHRAN (Tasnim) – The Islamic Republic of Iran’s Navy confirmed on Monday that 19 servicemen have been martyred and 15 others injured in an incident involving a military vessel in the country’s southern waters. The Iranian Navy’s Public Relations Department announced in a statement that the incident involving ‘Konarak’ light logistical vessel occurred on Sunday evening, […]
TEHRAN, May 11 (MNA) – Head of Communication, Information and Public Relations Dept. of the Vice-Presidency for Science and Technology Parviz Karami said on Mon. that Islamic Republic of Iran will export COVID-19 serology kits to neighboring Turkey next week. The process of contract for selling coronavirus serology kits to Turkey has been finalized and […]
Tehran, May 10, IRNA – Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said that the West has failed in management, social philosophy, and moral spheres in the fight against the coronavirus pandemic. In a video conference with the National Anti-Coronavirus Headquarters on Sunday morning, the Supreme Leader thanked the officials for their […]
TEHRAN, May 10 (MNA) – Iranian President Hassan Rouhani said that today, the Islamic Republic of Iran is very proud of controlling and combatting the disease compared to other countries. The National Task Force for Fighting Coronavirus convened on Sunday morning with Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, President Hassan Rouhani, other […]
TEHRAN, May 10 (MNA) – A high-ranking commander in the IRGC says that the force is planning to put satellites into an orbit of 36,000 kilometers which is also known as geostationary orbit. “We have plans to improve orbit altitudes and reach 36,000km above the earth with the help of our scientists in the IRGC […]