TEHRAN – Iran’s central bank governor, Mohammad Reza Farzin, met with Dilma Rousseff, president of the BRICS New Development Bank (NDB), in Shanghai on the sidelines of the Shanghai Cooperation Organization (SCO)’s finance summit, reaffirming…
Category: 4. Business
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Iron ore concentrate export up 153% in a month on year
TEHRAN – The value of Iran’s iron ore concentrate export increased by 153 percent in the first month of the current Iranian calendar year, Farvardin (March 21-April21), as compared to the first month in the past year, the Iranian Steel…
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Russia Confirms $5b Investment in Iran’s Gas Sector – Iran News Daily
Russia Confirms $5b Investment in Iran’s Gas Sector
TEHRAN (Iran News) According to the embassy’s report, participants in the meeting included Vladimir Sazhin, senior researcher; Nina Mamadova, head of Iran studies; and experts Irina…
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China’s policy synergy sustains growth, stabilizes employment
Following a recent meeting of the Political Bureau of the Communist Party of China Central Committee, which set priorities for maintaining stable employment, businesses, markets and expectations, relevant government organs have accelerated the…
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China’s equipment renewal program drives domestic demand
“Upon completion of the renewal, our equipment will achieve a leading standard within the domestic industry,” said Chen Guichun, deputy general manager of the company located in east China’s Jiangsu Province. “We expect this upgrade to boost our…
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China’s employment market posts steady development
A systematic employment support plan has been advanced, focusing on expanding opportunities in strategic sectors, key industries, urban-rural grassroots communities, and small enterprises, said Chen Yongjia, an official with the Ministry of Human…
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Iran determined to join BRICS New Development Bank
Governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin made the comments in a meeting with Head of BRICS New Development Bank Dilma Rousseff in Beijing capital of China on Friday.
During the meeting, the two sides emphasized the role…
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Petchem sector invests $5b to curb gas flaring, aims to cut carbon emissions by half
TEHRAN – Iran’s petrochemical industry has invested $5.0 billion to reduce gas flaring in upstream oil operations and is drafting a strategic roadmap to further cut emissions, according to the health, safety and environment (HSE) director of…
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Iran’s Mazandaran province opens trade center in Tashkent
TEHRAN- Iran’s northern Mazandaran province opened a trade center in Uzbekistan’s capital city Tashkent.
The inauguration ceremony of the center, which is located in Food City area in Tashkent, was participated by the Iranian Ambassador to…
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Iran hails Shanghai co-op bank proposal as key step toward de-dollarization
TEHRAN – Iran’s ambassador to Russia said the country’s proposal to establish a joint bank for Shanghai Cooperation Organization (SCO) members marks a significant step toward de-dollarization and a shift toward a multipolar world…
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