A new report shows that Iran’s exports of steel skyrocketed by nearly 68 percent in the single month ending February 19, while 11-month records show that the outbound trade of the commodity rose by 28 percent in comparison with the corresponding period in last year. A new report said on …
Read More »CBI Extends Grace Period for Different Iranian Businesses due to Coronavirus Epidemic
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.
Read More »Iran Poised for Significant Jump in Aluminum Output
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).
Read More »Necessary Measures Adopted by Gov’t to Confront Economic Consequences of Coronavirus Outbreak
Iranian Vice-President for Economic Affairs Mohammad Nahavandian underlined the government’s measures to deal with emergencies and economic consequences of coronavirus epidemic.
Read More »Russian Official Hopes for Further Improvement of Economic Ties with Iran amid 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.
Read More »Iran Reports Economic Growth in last 3 Months of 2019
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.
Read More »CBI Asks Permission of IMF for Access to $50 Billion Emergency Facilities
The Governor of the Central Bank of Iran has required permission for access to the fund's available $50-billion-emergency financing facilities, aimed at addressing COVID-19.
Read More »Iran’s Abadan Oil Refinery Expansion Work to be Halted until Mid-April
Iran has decided to halt work on the expansion of its Abadan oil refinery until mid-April as part of measures to contain the new coronavirus outbreak, the semi-official Mehr news agency said, citing Managing Director of National Iranian Oil Engineering and Construction Company (NIOEC) Saeed Sattari Naini. Iran contracted China’s …
Read More »Chinese Tradesmen Dispatch Aid Consignment to Iran
Chinese Ambassador to the Islamic Republic of Iran Chang Hua informed on Thursday that Chinese businessmen have sent a consignment of anti-coronavirus aid to Iran.
Read More »India-Chabahar-Afghanistan Corridor Becomes O`perational
India-Chabahar-Afghanistan corridor became officially operational with the shipment of two containers through Mumbai, Chabahar and the Dogharoon border, according to the Director-General of Customs Transit of Iran.
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