Government'.s full control over the foreign exchange market. and expressed hope that reduction of inflation rate would continue in the next few months.
Read More »Iran’s Rial Rises after Post-Gas-Price-Hike Decline
Iran’s national currency of the rial has regained ground after 4 days of fall which was triggered by the government’s decision to increase the price of subsidized gas by 50% and unsubsidized gas by 300% in the country.
Read More »Iranian Power Producers Eyeing Further Exports of Energy
The volume of electricity export to neighboring countries is much lower than the capacity of production in the country.
Read More »Iran Asks Russia for $2bln Loan to Build Power Plants. Railroads
Iran has filed a request for a loan of $2 billion from Russia to build power plants. railroads and to purchase subway cars.
Read More »Iran’s Annual Trade with EAEU to Hit $15 Billion
The 280 million population market of the Eurasian Economic Union (EAEU) with an $800 billion worth economic capacity is full of opportunities for Iran.
Read More »Iranian Dams Reservoirs Rise by 26% after Record Rainfalls
The volume of water behind dams across the country is now 26% more than what the figures showed last year.
Read More »Iranian VP Calls for Technology-Based Economy. Raps Dependence on Oil
The country’s dependence on oil revenues. and urged for more technology-oriented economic activities.
Read More »Iranian VP Vows to Outsmart US Sanctions to Boost Foreign Trade
Iran is working on new strategies and smarter policies in areas of foreign trade and business to further undermine the repercussions of Washington’s unilateral sanctions against Tehran.
Read More »Italian Companies Eyeing Bigger Share in Iran’s Market
Italian firms and companies are enthusiastic to have a bigger share of the market in Iran.
Read More »Iranian President to Inaugurate New Railroad Project Monday
Iranian President Hassan Rouhani will inaugurate a new railroad connecting the northwestern cities of Mianeh and Bostan Abad. which will shorten the International North-South Transport Corridor (INSTC).
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