Two key questions logically arise from last week’s announcement from Iran’s Petroleum Ministry that it has awarded a US$1.3 billion development deal to more than double oil production at the supergiant South Azadegan oilfield
Parviz Fattah, Head of Khamenei-controlled Mostazafan Foundation, on Monday said the conglomerate's revenues increased by 34 percent to reach 360 trillion rials (approximately $2.5 billion) in the Iranian calendar year ending 20 March, 2020.
Seyed Abbas Mousavi, former Iran’s Foreign Ministry spokesman and newly appointed Iran’s Ambassador to Baku, is convinced that strengthening economic relations between Tehran and Baku is of “high priority.”
During the meeting, Gharibi expressed Iran’s readiness for expansion and diversification of economic ties with Brazil, stressing the need for utilization of all capacities to compensate for the losses due to the coronavirus pandemic, Mehr news agency ...
An Iranian trade official said Friday a company has been established in Iraq which will make purchases on behalf of the Iranian government to settle Baghdad's accumulated debts to Iran amounting to $5 billion.
More than 800 Italian and Iranian representatives from the private sector, business consultants and professionals attended the online event, aimed at discussing avenues for economic cooperation, building on a longstanding tradition of friendly relations and vibrant economic ...
The Iranian government is trying to force the Iranian people and the public opinion to accept the 25-year contract between Iran and China, which according to its nature, while most of the parts of the contract are ...
The former head of international banking at Turkiye Halk Bankasi AS lost an appeal of his conviction for aiding an Iranian plot to evade sanctions and launder $1 billion in oil revenue through the U.S. financial system.
The cries and threats by Iran’s President Hassan Rouhani against the chairman of the Central Bank of Iran to bring back the exported currency dollars have no end in sight.
While Iran is faced with economic warfare, 1,460 factories have been shut down by the country’s banks, according to the head of the paramilitary Basij force for laborers and factories Ali Hossein Ra’yati-Far.
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