Tag Archives: Fars News Agency

The Central Bank of Iran (CBI) announced that it will be extending the grace period for the repayment of loans for 3 months to the businesses affected by the coronavirus epidemic.

Iran is expecting significant surge in its aluminum production, as national prospective plans are directing towards an increase by more than 60 percent in the upcoming local calendar year (March 21, 2020-March 20, 2021).

Iranian Vice-President for Economic Affairs Mohammad Nahavandian underlined the government’s measures to deal with emergencies and economic consequences of coronavirus epidemic.

President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin in a meeting with Iranian Ambassador to Moscow Kazzem Jalali stressed the need for doubled efforts to strengthen economic relations between the two countries amid the coronavirus outbreak.

Governor of the Central Bank of Iran Abdolnasser Hemmati said that the country has had a growth in the economic field in the last 3 months of 2019.

Iran has managed to indigenize production of a vast portion of oil and gas industry equipment which has led to saving more than $7 billion in the past 5 years when sanctions had made it difficult for the country to import needed machinery for its energy sector, Khatam-al Anbiya Construction …

More than 50 companies have registered in the free trade zone of Imam Khomeini International Airport on the Southern outskirts of Tehran where domestic and international companies are enjoying special advantages to boost their businesses.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that his country is skeptical about a US decision to allow a Swiss financial channel for importing food and medicine amidst coronavirus outbreak in the Middle East, adding that its practicality must be verified in action.

A new official account shows that Iran’s Southern province of Hormuzgan has exported $20 billion worth of non-oil products in the past 11 months of the current local calendar year.

Iran will inaugurate a production line for a totally home-made self-shifting transmission. for the first time in the history of its car-making industry. in a show of defiance to US’ sanctions.