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Economy News

Iran appointed as deputy chair for IDB’s 45th meeting

Iran appointed as deputy chair for IDB’s 45th meetingTEHRAN – Iran has been elected to be the first deputy chair of the Islamic Development Bank (IDB)’s next governors board meeting due to be held in Saudi Arabia in 2020....
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Iran’s annual oil revenues exceed $65.8b: CBI

Iran’s annual oil revenues exceed $65.8b: CBITEHRAN – According to the Central Bank of Iran (CBI)’s latest data, Iran’s revenues from crude oil and oil products exports in the Iranian calendar year of 1396 (March 20...
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Industrial, mineral exports rise 8% in 11 months on year

Industrial, mineral exports rise 8% in 11 months on yearTEHRAN- The value of Iran’s industrial and mineral exports during the eleven-month period from March 21, 2018 to February 19, 2019 rose eight percent compared to the figu...
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Tehran, Baghdad stress developing trade ties in business forum

Tehran, Baghdad stress developing trade ties in business forumTEHRAN – Following the visit of a high-ranking Iraqi delegation to Tehran, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted an Iran-Iraq busine...
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‘Iran to unveil production flourishing, budget reform plans in coming days’

‘Iran to unveil production flourishing, budget reform plans in coming days’TEHRAN - Head of Iran’s Planning and Budget Organization Mohammad Bagher Nobakht announced about unveiling a production and employment flourishing plan as well as a plan ...
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Value of trades at IME rises 52% in a year

Value of trades at IME rises 52% in a yearTEHRAN- The value of trades at Iran Mercantile Exchange (IME) rose 52 percent in the past Iranian calendar year (ended on March 20, 2019) from its previous year, Tasnim n...
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Tehran to host Iran-Iraq business forum

Tehran to host Iran-Iraq business forumTEHRAN- An Iran-Iraq business forum is planned to be held in Tehran on the sidelines of Iraqi Prime Minister Adil Abdul-Mahdi’s two-day visit to Iran on Saturday and Sund...
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Iran, Croatia ink MOU on private sectors' joint investment

Iran, Croatia ink MOU on private sectors' joint investmentTEHRAN- Iran and Croatia signed a memorandum of understanding on joint investment between private sectors of the two countries, IRIB reported....
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Extending OPEC-non-OPEC deal not difficult: Zanganeh

Extending OPEC-non-OPEC deal not difficult: ZanganehTEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh said extending the deal between OPEC and the group of non-OPEC oil producing countries on output cut is not a difficult...
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TSE worth of trades up 106% in a month

TSE worth of trades up 106% in a monthTEHRAN- The value of trades at Tehran Stock Exchange (TSE) increased 106 percent in the last month of the past Iranian calendar year, Esfand (February 20 – March 20, 2019...
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TSE worth of trades up 106% in a month

TSE worth of trades up 106% in a monthTEHRAN- The value of trades at Tehran Stock Exchange (TSE) increased 106 percent in the last month of the past Iranian calendar year, Esfand (February 20 – March 20, 2019...
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

Travel tips

Things to Know Before Trip
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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