Economy News

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“Redundant” sanctions vs. “resilient” economy

Saturday, 08 June 2019 17:23 Tehran Times

As the United States sanctioned Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) on Friday, many analysts and officials believe them to have no significant impact on the country’s economy in a broad sense....

NIOC sells 1.085m barrels of oil, condensate in 17 offerings at IRENEX

Saturday, 08 June 2019 17:20 Tehran Times

TEHRAN- National Iranian Oil Company could sell 1. 085 million barrels of crude oil, both light and heavy, and also gas condensate through 17 offerings at Iran Energy Exc...

Stock market index rises 27% in 2.5 months

Friday, 07 June 2019 18:49 Tehran Times

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) has gained 48,324 points or 27 percent during the 2. month period from the beginning of current Iranian calendar...

‘Cutting budget dependency on oil revenues, top economic priority’

Friday, 07 June 2019 18:46 Tehran Times

TEHRAN- Iranian Minister of Finance and Economic Affairs Farhad Dejpasand said that reducing the current year’s budget dependency on oil exports is the most important eco...

Iran to hold pavilion in Hong Kong’s Food Expo 2019

Sunday, 02 June 2019 17:36 Tehran Times

TEHRAN – Iran’s Trade Promotion Organization (TPO) is planning to open Iranian pavilion at the 30th edition of Hong Kong’s HKTDC Food Expo 2019 which is due to be held du...