Economy

Iran, Iraq move to remove barriers to banking relations

TEHRAN, Aug. 17 (MNA) – Iran's Central Bank Governor Abdolnasser Hemmati held separate meetings with his Iraqi counterpart Nizar Nasser Hussein and Finance Minister Faleh Sari during his visit to Baghdad, focusing on banking and economic cooperation.

Other News

Iran, Iraq move to remove barriers to banking relations

TEHRAN, Aug. 17 (MNA) – Iran's Central Bank Governor Abdolnasser Hemmati held separate meetings with his Iraqi counterpart Nizar Nasser Hussein and Finance Minister Faleh Sari during his visit to Baghdad, focusing on banking and economic cooperation.
Tehran, Baghdad discuss ways to expand economic relations

TEHRAN, Aug. 17 (MNA) – Central Bank of Iran (CBI) Governor Abdolnasser Hemmati and Iraqi Trade Minister Mustafa Nazar Alani explored avenues for facilitating trade and economic relations and removing obstacles hindering trade between the two states.
Oil prices maintain gains made last week

TEHRAN, Aug. 17 (MNA) – Oil prices remained steady at the start of trading this morning, maintaining gains made last week.
Iran vows to fight back in economic warfare

TEHRAN, Aug. 17 (MNA) – Iran's first vice president warned that the enemy is trying to compensate for battlefield defeats by waging an economic war, and called for national unity and tighter market controls to counter rising prices.
Iranian domestic experts fix damaged Azadegan oil facility

TEHRAN, Aug. 16 (MNA) – In western Karoun, near the Iraqi border, Azadegan has become a test of Iran’s engineering, financial and technological capabilities and its ability to execute a major oil project under intense external pressure.
CBI chief pays visit to Iraq to broaden trade cooperation

TEHRAN, Aug. 16 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has traveled to Baghdad to hold talks with Iraqi banking and economic officials aimed at advancing trade and economic cooperation.
Iran eyes strengthening transport coop. with Tajikistan

TEHRAN, Aug. 16 (MNA) – Iranian Minister of Roads and Urban Development Farzaneh Sadegh has urged for speeding up, accelerating and operationalizing cooperation with the Republic of Tajikistan in rail, road, air, port and logistics sectors.
Iran, Tajikistan to sign long-term agreement in energy field

TEHRAN, Aug. 15 (MNA) – Officials from Tehran and Dushanbe will ink a long-term cooperation agreement for the export of petroleum products and the supply of crude oil to Tajikistan’s refineries.
Iran calls for setting up dedicated BRICS financial corridor

TEHRAN, Aug. 13 (MNA) – Islamic Republic of Iran has proposed the establishment of an independent BRICS financial corridor and the integration of national payment networks among member countries.
Iran to join BRICS development bank in near future

TEHRAN, Aug. 12 (MNA) – Iran will soon join the BRICS New Development Bank, Central Bank Governor Abdolnasser Hemmati said on Wednesday, calling the bank the most important achievement of the bloc's cooperation.
Pezeshkian calls for transparency in economic policymaking

TEHRAN, Aug. 11 (MNA) – Iranian President Masoud Pezeshkian has urged greater transparency and justice in economic policymaking, stressing that people’s livelihoods must remain the government’s primary concern and policies should prioritize the poor.
Oil edges higher as US, Iran hit impasse over Hormuz strait

TEHRAN, Aug. 11 (MNA) – Oil prices climbed on Tuesday after Trump countered Iran’s terms to reopen the Strait of Hormuz.
Oil rises as Strait of Hormuz reopening remains uncertain

TEHRAN, Aug. 10 (MNA) – Oil prices have climbed as markets reopened in Asia after the weekend amid continued uncertainty over the reopening of the Strait of Hormuz.
Oil prices climb due to uncertainty over Strait of Hormuz

TEHRAN, Aug. 08 (MNA) – Oil prices climbed sharply through Friday after starting the day under pressure, as traders continued to react to uncertainty surrounding the Strait of Hormuz and negotiations involving Iran and Oman.
Iran’s industry min. meets with Pakistani PM in Islamabad

TEHRAN, Aug. 06 (MNA) – Minister of Industry, Mine and Trade Mohammad Atabak met and held talks with Pakistani Prime Minister Shehbaz Sharif in Islamabad late on Wednesday following the conclusion of 10th Iran-Pakistan Joint Trade Committee meeting.
Loud explosion reported near ship off Yemen raises alarm

TEHRAN, Aug. 05 (MNA) – A vessel off the coast of Yemen reported a loud explosion nearby, according to the United Kingdom Maritime Trade Operations centre (UKMTO).
US Treasury lifts some sanctions on Iraqi airliner

TEHRAN, Aug. 05 (MNA) – The US Treasury Department has removed sanctions imposed on the Iraqi airline Fly Baghdad and two aircraft affiliated with the company.
Iran, Pakistan emphasize strengthening trade, economic coop.

TEHRAN, Aug. 05 (MNA) – Officials from Iran and Pakistan have stressed the need to enhance cooperation in the fields of trade and economy, stressing the need to eliminate trade barriers in order to boost the level of bilateral trade ties.
6 Saudi tankers divert via southern Africa for fear of Yemen

TEHRAN, Aug. 03 (MNA) – Six Saudi-flagged supertankers have altered their routes and are now sailing around southern Africa instead of passing through the Red Sea, tracking website reported.
Islamabad hosts 10th Iran-Pakistan Joint Trade Cmte. meeting

TEHRAN, Aug. 03 (MNA) – The 10th meeting of the Joint Trade Committee of the Islamic Republic of Iran and the Republic of Pakistan has been scheduled in Islamabad with senior officials from both countries in attendance.