Iran Introduces Package to Support Coronavirus-Hit Tourism Industry
The Iranian government has introduced a new package to support the tourism businesses affected by the COVID-19 crisis, which includes deferments and bank loans. The Ministry of Cultural Heritage, Tourism ...
Big profits are no longer the top priority for oil investors
For years, the oil industry drew in investors with sizable – and regular – returns. Even when oil prices fell, Big Oil found ways to keep paying dividends, even if ...
US signals India’s work in Chabahar port is exempt from sanctions: Report
An Indian newspaper said the United States has offered fresh assurances to India that its involvement in the Iranian port of Chabahar would not be affected by Washington’s sanctions on ...
Iran-Australia trade is done via Intermediaries; official
“Iran-Australia exchanges are carried out by intermediary countries,” the Vice President of the Iran-Australia Chamber of Commerce told ILNA. In an exclusive interview with ILNA news agency, Mohammad Hassan Didehvar ...
Sudan agrees to normalize relations with Israel, Trump says
Sudan and Israel have agreed to normalize relations, US President Donald Trump announced on Friday at the White House, a move that was denounced by Palestinians as a “new stab ...
Iran to make more use of oil-for-goods barter deals: CBI governor
Governor of Central Bank of Iran (CBI) wrote in his Instagram account that in order to increase the volume of the country's foreign trade and make better use of domestic ...
IME Witnessed a 70% Growth in its Trading Volume and Value
During weekdays ending up to October 15, 2020, while over 928,524 MT of commodities worth over 401 million USD were traded on the Iran Mercantile Exchange, the trading volume and ...
End of arms embargo is “double-edged sword” for Iran; U.S Professor
“Several countries are not so much about concerns about what Iran will do with their products, but that those countries do not want to attract the wrath of the present ...
Investors Not Buying Gov’t Bonds
The weekly government bond auction held by the Central Bank of Iran was again received coldly by investors for the fourth time in a row as no banks and credit ...
Worried About Declining Oil Demand, OPEC Pledges Action
OPEC and allied producers have pledged action to support the oil market as concerns mounted that a second wave of the Covid-19 pandemic will hobble demand and an earlier plan ...






