Shrinking global demand key reason; 21 private jute mills shut, many running below capacity
EghtesadOnline: The commercial banks of Russia and Iran have agreed to pay for bilateral supplies of products in national currencies, the Central Bank of Russia said in a statement on Friday.
A senior official with a Swedish firm said the company plans to launch an Initial Public Offering (IPO) to raise finance for investment in Iran following the removal of anti-Tehran sanctions.
Representatives of Italian textile machinery manufacturers are planned to visit Iran later this month to explore business opportunities in the country following the removal of anti-Tehran sanctions.
Iranian Foreign Minister Mohammad Javad Zarif and his Turkmen counterpart, in a meeting here in Tehran on Saturday, explored avenues for promotion of cooperation between the two neighboring countries.
Head of Iran-Oman Joint Chamber of Commerce highlighted the suitable opportunities available in the Arab country for exporting Iranian goods to the US.
Two major Irish banks confirmed on Tuesday that restrictions on processing Iranian money are still in place despite a lasting nuclear between Tehran and world powers.
The International Monetary Fund (IMF) in its latest economic report announced that Iran’s foreign exchange reserve has witnessed a significant growth.