TEHRAN – Iran’s Oil Ministry subsidiaries recorded a strong performance in the previous Iranian calendar year (ended on March 20) by signing notable medium- and large-scale contracts, marking a significant step toward expanding the…
Category: 4. Business
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Beijing hits back at US with 34% import tariff
The Chinese tariff will be effective from April 10, according to the State Council, China’s cabinet.
The retaliation comes in the wake of the 34 per cent tariffs imposed on Chinese goods by the United States on Wednesday, South China Morning…
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Isfahan Refinery boosts gasoline production by 2m liters
TEHRAN – National Iranian Oil Refining and Distribution Company (NIORDC) has increased gasoline production at the Isfahan refinery by two million liters per day, according to the company’s head.
Speaking during a visit to the refinery on April…
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Iran ready to increase economic ties with Uzbekistan to $5bn
Iran’s Deputy Parliament Speaker Hamidreza Haji Babaei made the remarks in a meeting with Speaker of the Legislative Chamber of Oliy Majlis of the Republic of Uzbekistan Nuriddin Ismailov on Thursday, stating that Iran is ready to increase…
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Iran govt vows to empower private sect. for investment growth
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has chosen “Investments for Production” as the slogan for the Persian New Year in his annual Nowruz message.
Every year, with the arrival of Nowruz, the Leader of the Islamic…
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Trump’s tariffs incite fury in world
Australia has been hit with a tariff of at least 10% on all exports to the US, as Donald Trump announced his new sweeping global trade regime, BBC reported.
Trump cited “trade barriers” such as Australia’s biosecurity laws – singling out a ban…
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Iran’s 11-month non-oil import from Russia stands at $1.2b
TEHRAN- Iran imported non-oil commodities valued at $1.2 billion from Russia during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
Foroud Asgari…
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Recession Unlikely despite Tariff Worries: IMF Chief – Other Media news
Georgieva, in her first major interview since Trump took office, underscored the challenges facing a global economy that is still posting underwhelming growth after scarring from the Covid-19 pandemic, but cautioned against being overly…
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