Iran's Vice President for Economic Affairs Mohammad Nahavandian said many EU states back Iran's $5b loan bid from the International Monetary Fund, as the country is fighting coronavirus epidemic.
Read More »Iran’s Government to Allocate over $23bln to Protect Coronavirus-Hit Industries
Iran's Minister of Industry, Mine and Trade Reza Rahmani informed of allocating 100,000bln Tomans (over $23bln) for the protection of the production centers harmed by the coronavirus epidemic.
Read More »MFA Decries Bahrain’s Ruling Against Some Iranian Banks
Spokesperson for the Iranian Foreign Ministry has slammed the Bahraini government’s ruling against a number of Iranian banks, saying the rulings are based upon bogus charges and lack any legal credibility.
Read More »Iran to Resume Gas Exports to Turkey Soon
National Iranian Gas Company (NIGC) says Iranian gas exports to Turkey will resume in a few days after repairing the gas pipeline from Iran to Turkey which was hit by an explosion.
Read More »Pipeline Explosion Halts Turkish Gas Imports from Iran
Turkish gas imports from Iran were halted due to an explosion in a natural gas pipeline inside Turkey near Iran’s Bazargan border with Turkey on Tuesday morning, National Iranian Gas Company (NIGC) said.
Read More »Iran-Turkey Gas Exports Halted after Pipeline Explosion Near Border
Natural gas exports from Iran to Turkey were halted early on Tuesday after an explosion and fire at a pipeline just inside the Turkish border, an official at Turkey’s energy ministry has said. The official said that “all necessary efforts” were underway to manage the situation, but that currently it …
Read More »Germany: INSTEX Successfully Concludes First Transaction with Iran
The German Federal Foreign Office confirmed that the first transactions between Europe and Iran has successfully been concluded through the Instrument in Support of Trade Exchanges (INSTEX). A European payment system set up by Germany, France and the UK for trade with Iran, INSTEX has been designed to circumvent US …
Read More »Iranian Scientists Working on Stem Cell Therapy to Treat Covid-19 Patients
A group of Iranian scientists is doing research on the possibility of using stem cells to cure coronavirus patients.
Read More »Government to Dedicate Huge Aid Package to Troubled Families
Iranian government Spokesman Ali Rabiyee informed of allocating a several-billion-euro package, adding that the aid will be granted to the vulnerable families and private sector who have lost their job due to coronavirus pandemic (COVID-19).
Read More »Iran Exports $410mln Worth of Non-Oil Goods from Northern Province
A sum of 774,000 tons non-oil products worth $410mln were exported during the last Iranian year (ended March 20) from Northern Gilan Province, Managing Director of Astara Customs said.
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