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Economy News

Liquidity at $448b in a year: CBI

Liquidity at $448b in a year: CBITEHRAN- Iran’s liquidity stood at 18. 2 quadrillion rials (about $448. 095 billion) in the past Iranian calendar year (ended on March 20, 2019), IRIB reported citing a report released by the Central Bank of Iran (CBI)....
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PEDEC to develop 3 oilfields under IPC-based deals

PEDEC to develop 3 oilfields under IPC-based dealsTEHRAN – Head of Iran’s Petroleum Engineering and Development Company (PEDEC) said the company will start developing two Iranian oil fields under the country’s new model ...
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PEDEC to develop 3 oilfields under IPC-based deals

PEDEC to develop 3 oilfields under IPC-based dealsTEHRAN – Head of Iran’s Petroleum Engineering and Development Company (PEDEC) said the company will start developing two Iranian oil fields under the country’s new model ...
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‘RAI determined to develop transport of goods from ports via railway’

‘RAI determined to develop transport of goods from ports via railway’TEHRAN- The head of Islamic Republic of Iran Railways (known as RAI) said development of railways for transport of cargos from ports is a top agenda of RAI’s activities.....
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Iran’s Exchange Stars League kicks off in Tehran

Iran’s Exchange Stars League kicks off in TehranTEHRAN- Iran’s Exchange Stars League kicked off in Tehran on Saturday, IRIB reported....
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Iran’s Exchange Stars League kicks off in Tehran

Iran’s Exchange Stars League kicks off in TehranTEHRAN- Iran’s Exchange Stars League kicked off in Tehran on Saturday, IRIB reported....
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Over $6.4b allocated to unfinished projects

Over $6.4b allocated to unfinished projectsTEHRAN – The Iranian government has allocated 270 trillion rials (over $6. billion at the official exchange rate) for the completion of unfinished development projects, T...
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U.S. considering waiver for China to import oil from Iran: report

U.S. considering waiver for China to import oil from Iran: reportTEHRAN - The U. S. Department of State is mulling over allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield, Politi...
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Non-oil exports up 483% in 15 years: TPO

Non-oil exports up 483% in 15 years: TPOTEHRAN –Iran’s non-oil exports has increased by 483 percent over the past 15 years, the acting head of the Trade Promotion Organization (TPO) Mohammad Reza Modoudi said o...
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Iran, Armenia ink MOU on energy cooperation

Iran, Armenia ink MOU on energy cooperationTEHRAN – Iran and Armenia signed a memorandum of understanding (MOU) in Tehran on Tuesday to expand economic cooperation, especially in the field of energy, Tasnim news a...
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Govt., private sector discuss amending CBI directive on re-injection of export income

Govt., private sector discuss amending CBI directive on re-injection of export incomeTEHRAN - The 86th Dialogue Council of the Government and the Private sector was held in Tehran on Tuesday to discuss issues pertain to foreign trade and currency market, ...
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

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One of the most important things to remember is that Iranians aren’t Arabs, they’re Persian. They speak Farsi (and other dialects), not Arabic, and some people might feel offended if you great them with Arabic words.
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