All planned state-owned companies to be privatized in a year: fin. min.

TEHRAN- The shares of all state-owned companies that had been previously planned to be privatized will be transferred to the private sector by the end of current Iranian calendar year (March 20, 2018), Iranian Finance Minister Ali Tayyebnia announced. 84

Foreign investment in Iran hits $12b annually: fin. min.

TEHRAN- Iran attracted $12 billion in foreign investment during the past Iranian calendar year (ended on March 20), ISNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.The minister said that the country could manage to attract the mentioned volume of investment as a result of proper measures taken by the government and also the positive environment created in post-sanctions era..

Iran-Germany economic ties dramatically

Germany’s economic ties with Iran have changed dramatically during the past 14 months, as of negotiations between Iran and the five permanent members of the UN Security Council (Russia, China, the United States, France and Britain) plus Germany succeeded and the anti-Iranian sanctions were removed.

S.Korea’s March crude imports from Iran hit record high

South Korea’s intake of Iranian crude oil soared to a record high in March and its first-quarter crude imports from Iran nearly doubled on year, reflecting ...

Iran Mercantile Exchange weekly trade exceeds $270m

Iran Mercantile Exchange (IME) announced that commodities valued at about $273 million and weighing over 647,938 tons were traded in its domestic trading and exports halls in the past working week (April 8-13).

Iran Exports 150,000 Tons of Billet

Iranian billet exporters achieved a considerable increase in exports over the past few weeks, mainly supported by the uptrend in the Commonwealth of Independent States semis segment.

Aviation industry ready to take off in 2017

Iran for long has been an economic and tourism hub in the Middle East and considering its significant strategic and geographical position, it has always been at the center of attention for the countries all around the world.

Foreign Interest to Boost Infrastructure in Iran

Business Monitor International expects the lifting of international sanctions—which is due to occur early this year– to result in the diversification of Iran’s competitive landscape in infrastructure growth. This is while Russian and Chinese companies have already built a strong presence in Iran, particularly as a result of decade-plus long western sanctions.

  • Updated: 26 Apr– 03:00 PM
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Gold Coin 12,212,000 Rials
Oil (OPEC) 51.86 USD $
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