EghtesadOnline: In the first two month of current fiscal year (March 21-May 20) the government borrowed 400 trillion rials ($1.7 billion) in discretionary spending from the Central Bank of Iran, deputy head of the Plan and Budget Organization for economic affairs.
EghtesadOnline: Economic sectors benefited from the capital market to the tune of 3,030 trillion rials ($12 billion) in the first ten months of the current fiscal year that ends in March.
EghtesadOnline: Atotal of 18,000 tons of goods worth $41 million were exported from Razi border crossing in West Azarbaijan’s Khoy County via 813 cargo wagons during the first month of the current Iranian year (March 20-April 19), showing a sevenfold and 20-fold rise in tonnage and value respectively compared with the similar period of last year.
EghtesadOnline: An advisor to Japanese Prime Minister Shinzo Abe is set to visit Tehran later this week to pursue Tokyo's initiative of reducing tensions in the Middle East and helping settle the conflict between Iran and the United States.
EghtesadOnline: C hina has strategic cooperation with Iran in various fields and no country is allowed to interfere with the two countries’ mutual ties, the Chinese ambassador in Tehran said.
EghtesadOnline: A fter two consecutive days of rallies, trade in Tehran Stock Exchange tumbled on Tuesday as the stocks of major listed companies hit by selloff pressure.
EghtesadOnline: In a series of tweeter posts head of the Export Guarantee Fund of Iran said memorandums of understanding will be signed soon with European countries to facilitate trade.
EghtesadOnline: O PEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.
EghtesadOnline: I ran and Turkey have started implementing a deal finalized by the two neighboring countries last year to use their national currencies in mutual trade with the first letter of credit being opened by Bank Melli Iran on Monday.
EghtesadOnline: Finnish police raided an apartment in eastern Turku and said it was "quite certain" it had identified the attacker who killed two people and wounded eight during a stabbing rampage on Friday, local media reported.