• Iran's non-oil trade with Italy up 9.6%

    Iran's non-oil trade with Italy up 9.6%

    ILNA:Iran traded $1.85 billion worth of non-oil goods with Italy in the last Iranian year (ended March 20, 2018), which is 9.67% more compared to the year before, making the European country Iran’s 10th biggest trading partner in the world.

  • Russia signs draft deal on Eurasia-Iran free trade

    Russia signs draft deal on Eurasia-Iran free trade

    ILNA:Russian Prime Minister Dmitry Medvedev has signed a draft agreement to establish a free trade zone between Iran and the Eurasian Economic Union (EAEU) countries, Tass news agency reported Tuesday.

  • Iran: Qatar to replace UAE for Iran's currency transfers

    Iran: Qatar to replace UAE for Iran's currency transfers

    ILNA:A senior official at the Central Bank of Iran (CBI) announced on Tuesday that Qatar will turn into a new hub for the country's currency transfers after the recent problems with Dubai, UAE.

  • 12% more foreign flights using Iranian airspace

    12% more foreign flights using Iranian airspace

    ILNA:The number of foreign flights using Iran’s airspace in the last Iranian year (ended March 20, 2018) increased by 12% compared with the year before, the Ministry of Roads and Urban Development’s news service reported.

  • Iran launches online forex system

    Iran launches online forex system

    ILNA:First Vice President Es'haq Jahangiri on Monday officially inaugurated the Forex Deals Integrated System, an online system designed to address the country's currency needs and boost transparency.

  • Iran to export 10 mcm gas to Baghdad: Official

    Iran to export 10 mcm gas to Baghdad: Official

    ILNA:Managing Director of Iranian Gas Transmission Company (IGTC) Saeed Tavakkoli said that daily gas transmission capacity will hit over one billion cubic meters in 2025.

  • Asia stocks struggle with rising yields; oil stays high

    Asia stocks struggle with rising yields; oil stays high

    ILNA:Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.

  • Iran central bank bans cryptocurrency dealings

    Iran central bank bans cryptocurrency dealings

    ILNA:The Central Bank of Iran through its latest directive has officially banned trading all cryptocurrencies through the country’s banking system and other affiliated institutions.

  • Russia & Iran drop dollar trade

    Russia & Iran drop dollar trade

    ILNA:The first delivery of Iranian crude oil to Russia under the oil-for-goods program has been completed and the sides aim to extend the deal for five years, according to Russian Energy Ministry Aleksandr Novak.

  • 13% rRise in Iran government budget last year

    13% rRise in Iran government budget last year

    ILNA:The government’s total revenues and spending in the last Iranian year (ended March 20, 2018) stood at 3,200 trillion rials ($76.19 billion), registering a 13% rise compared with the year before, a preliminary report by the Management and Planning Organization of Iran reads.

  • New chapters opened in Tehran-Vienna ties

    New chapters opened in Tehran-Vienna ties

    ILNA:New chapters have been opened in Iran-Austria relations, Iran's ambassador to Vienna Ebadollah Molaei said.

  • Asian shares edge ahead with Wall Street, but China lags

    Asian shares edge ahead with Wall Street, but China lags

    ILNA: Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued.

  • Iran opens first LC to implement currency swap agreement with Turkey

    Iran opens first LC to implement currency swap agreement with Turkey

    ILNA:Bank Melli Iran has opened the first LC for providing trade finance using Iran and Turkey's national currencies swap agreement in Turkey.

  • Iran plans new Forex System

    Iran plans new Forex System

    ILNA:Iran first Vice President Es'haq Jahangiri said on Sunday the government intends to establish a "new foreign exchange system" that will be in the country's national interests.

  • China willing to build small N. Power plants in Iran

    China willing to build small N. Power plants in Iran

    ILNA:"Some negotiations have been held on mutual cooperation and building small nuclear power plants in Iran by China," Chairman of the Iranian parliament's Nuclear Committee Mojtaba Zonnour said.

  • Polish refiner raises Iranian crude imports

    Polish refiner raises Iranian crude imports

    ILNA:Poland’s biggest oil refiner PKN Orlen said on Friday that a shipment of 130,000 tons of Iranian crude oil has arrived at the Baltic seaport of Gdansk.

  • Iran government's oil, oil product revenues up by some 40%

    Iran government's oil, oil product revenues up by some 40%

    ILNA:The Iranian government’s oil revenues have witnessed an increase by 38 percent during the first 11 months of the last fiscal year (March 20, 2017-Feb. 20, 2018).

  • Iranian oil minister arrives in New Delhi for IEF meet

    Iranian oil minister arrives in New Delhi for IEF meet

    ILNA:Iranian oil Minister Bijan Namdar Zanganeh landed in Indian capital New Delhi early on Wednesday to participate in 16th International Energy Forum (IEF).

  • Iran tanker company share rises in international markets

    Iran tanker company share rises in international markets

    ILNA:The National Iranian Tanker Company, the country’s top oil shipping company, has increased its share in international markets by 50% in the past two years, the state-owned company’s managing director said.

  • Iran investment funds post 17.5% average gain

    Iran investment funds post 17.5% average gain

    ILNA:A total of 213 mutual and exchange-traded funds in Iran's capital market posted an average return of 17.5% during the previous fiscal year (March 2017-18), data released by Financial Information Processing of Iran showed.

  • Consumption of domestic goods promotes national pride, IUESA Secretary

    Consumption of domestic goods promotes national pride, IUESA Secretary

    ILNA:The Secretary of Iran Urban Economics Scientific Association (IUESA) stressed that the consumption of domestic goods, could bring about the wheel of employment and industry and promotes self-confidence and national pride.

  • Tehran stocks make strong gains in Monday trade

    Tehran stocks make strong gains in Monday trade

    ILNA:Tehran Stock Exchange’s main index added 779.57 points or 0.81% on Monday compared to the day before to end trade at 97,120.8.

  • Iran government unifies foreign exchange rates

    Iran government unifies foreign exchange rates

    ILNA:I ran's government decided to finally put an end to the dual foreign exchange regime, in an attempt to control the bullish foreign exchange and gold markets and promote safety of foreign investments.

  • Iran’s world trade volume at $200bn last year

    Iran’s world trade volume at $200bn last year

    ILNA:Iran’s Minister of Industry, Mine and Trade Mohammad Shariatmadari at the 12th edition of joint commission between Iran and Uzbekistan said, “Last year the Iranian oil exports were about $52 billion, non-oil exports were $47 billion and the value of imports was $50 billion”.

  • US exports to Iran increases versus huge imports fall

    US exports to Iran increases versus huge imports fall

    ILNA:Iran’s exports to the US witnessed a significant fall in 2018, meanwhile the US increased its exports to the Islamic Republic by over 67 percent.

  • Southeast Asia is biggest trading partner of the Iran

    Southeast Asia is biggest trading partner of the Iran

    ILNA:Chairman of Iran-China Joint Chamber of Commerce Asadollah Asgaroladi said the Southeast Asian country is now the biggest trading partner of the Islamic Republic.

  • Iran’s commodity market sees huge growth

    Iran’s commodity market sees huge growth

    ILNA:Iran Mercantile Exchange (IME) experienced growth of 44 percent in the value of trades over the last calendar year which ended on March 20.

  • India to double Iran oil imports in 2018

    India to double Iran oil imports in 2018

    ILNA:Indian state companies are planning to double oil imports from Iran in 2018, Reuters reported.

  • Stocks slip as Trump proposes more China tariffs, U.S. jobs report awaited

    Stocks slip as Trump proposes more China tariffs, U.S. jobs report awaited

    ILNA:Stock markets slipped on Friday after U.S. President Donald Trump proposed tariffs on more Chinese products, aggravating trade tensions, while the dollar steadied before the closely watched U.S. non-farm payrolls report.

  • Iran absorbs $2.5bn in renewable energy sector in 5 years

    Iran absorbs $2.5bn in renewable energy sector in 5 years

    ILNA:In the last five years, $2.5 billion has been invested in the country’s renewable energy sector.

  • Oil falls 2 percent on Russia output rise, potential Saudi price cut

    Oil falls 2 percent on Russia output rise, potential Saudi price cut

    ILNA:Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia and a deepening trade spat between China and the United States.

  • Iran, Russia discuss facilitating visa issuance

    Iran, Russia discuss facilitating visa issuance

    ILNA:Iranian Ambassador to Russia and Russian Deputy Foreign Minister Mehdi Sanayee in a meeting in Moscow on Saturday discussed facilitating the process of visa issuance for the two countries' citizens.

  • European Union said to reject new sanctions aimed to save Iran deal

    European Union said to reject new sanctions aimed to save Iran deal

    ILNA:The European Union is reportedly unlikely to impose new sanctions on Iran after several countries rejected measures proposals by the United Kingdom, France and Germany that were intended to keep US President Donald Trump from walking away from the nuclear accord. The European Union is reportedly unlikely to impose new sanctions on Iran after several countries rejected measures proposals by the United Kingdom, France and Germany that were intended to keep US President Donald Trump from walking away from the nuclear accord.

  • Iran, Turkmenistan sign 13 documents on mutual co-op

    Iran, Turkmenistan sign 13 documents on mutual co-op

    ILNA:The Islamic Republic of Iran and Turkmenistan signed 13 MoU and documents on cooperation on March 27 during the visit of President Hassan Rouhani to Ashgabat.

  • Asian shares stumble as trade war fears roil global markets

    Asian shares stumble as trade war fears roil global markets

    ILNA:Fears of a full-blown trade war between the United States and China battered Asian shares again on Monday, keeping the safe haven yen near a 16-month peak as investors fretted over the fate of global growth.

  • Over 1mn job to be generated in current year

    Over 1mn job to be generated in current year

    ILNA:Government Spokesman and Head of Plan and Budget Organization Mohammad-Baqer Nobakht said that President Rouhani ordered the responsible officials of the country for generating more than one million employment opportunities in 1397 (started March 21, 2018).

  • Oil price crosses $70 amid Iran deal tensions

    Oil price crosses $70 amid Iran deal tensions

    ILNA:Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once again.

  • Iranian gold complex registers huge output growth

    Iranian gold complex registers huge output growth

    ILNA:The output of Mouteh Gold Complex in central Iran has witnessed significant increase during the current fiscal year, started March 2017.

  • Iran continues to cut oil output

    Iran continues to cut oil output

    ILNA:Iran continued to decrease its oil output in February 2018 for third straight month according to the OPEC data.

  • China blames U.S. for staggering trade surplus as tariffs loom

    China blames U.S. for staggering trade surplus as tariffs loom

    ILNA:China blamed U.S. export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world’s two biggest economies as U.S. tariffs loom. China blamed U.S. export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world’s two biggest economies as U.S. tariffs loom.

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