Tehran
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FAO Boosts Iran Fund to Battle Desert Locust

The Food and Agriculture Organization of the United Nations has increased its Emergency Technical Cooperation project (TCP) to help battle swarms of the desert locust by an additional $200,000.  FAO ...
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Texas Oil at $2 a Barrel Raises Specter of New Negative Prices

Crude prices in America’s oil capital are getting dangerously close to zero. Buyers bidding for crude in Texas, the birthplace of the shale revolution, are offering as little as $2 ...
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IranAir Flies to Rome to Repatriate Iranians

Iran’s flag carrier airline operated a flight from Tehran’s Imam Khomeini International Airport on 7 p.m. local time on April 18 for Rome, Italy. As the official website of IranAir ...
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Iran Appointed Vice Chair of IMF’s G-24

The CBI vice governor for economic affairs, Peyman Ghorbani, has been appointed first vice chair of International Monetary Fund’s Group of Twenty-Four (G-24).  G-24 was established in 1971 to coordinate ...
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Joint chamber head: Trade underway between Iran, UAE amid coronavirus spread

Trade is underway between Iran and the UAE through full compliance with hygiene protocols aimed at containing the coronavirus spread. Fashid Farzanegan, the chairman of the Iran-UAE Joint Chamber of ...
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SP Phase 11 development to start soon: Official

Development operations of South Pars Gas Field’s Phase 11 will start in the near future, said the National Iranian Oil Company (NIOC) deputy director for development and engineering affairs. “The ...
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Iran’s foreign debt down to over $9b

Iran managed to decrease the size of its foreign debt by around $300 million in a nine-month period ending in December last year, a new report showed. The Thursday report ...
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Iran, Russia to expand transit cooperation

Iranian and Russian officials in a meeting in Moscow discussed mutual cooperation, especially in developing their transit routes. During the meeting in the Russian capital on Thursday, Iranian Ambassador to ...
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Iran’s Next Transportation Budget at $872m

Atotal of 118.18 trillion rials ($872.17 million) have been allocated for the transportation sector in the next fiscal year's (March 2020-21) budget bill, of which 95.3% will be spent on ...
Turkey Bank

Turkey Bank Wins Reprieve in US Prosecution Over Iran Sanctions

Afederal appeals court granted a temporary halt in the US prosecution of Turkish lender Halkbank over sanctions violation charges while it weighs other requests by the bank. Halkbank had previously ...
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