Press TV

Iran’s foreign debt down by 3%: CBI

Iran managed to decrease the size of its foreign debt by around $300 million in a nine-month period ending in December last year, a new report shows.

Macro Economy

Iran, Pakistan sign agreement on customs cooperation

Iran and Pakistan have agreed to develop a mechanism for electronic exchange of bilateral trade data in a bid to curb misreporting.

Trade

CBI launches $3.7 billion credit facility for Iranian SMEs

The Central Bank of Iran (CBI) has officially launched its new scheme for helping small and medium-sized enterprises (SMEs) and other manufacturers with an initial credit worth of $3.7 billion.

Macro Economy

EASA withdraws alert for Iran overflights

A European civil aviation safety group has withdrawn its advisory for flights over the Iranian airspace in the wake of a military face-off between Iran and the United States.

Transportation

Iran issues 1,000 licenses for crypto mining

The Iranian government has issued over 1,000 licenses for cryptocurrency mining in the country where there is potential for a crypto industry worth $8.5 billion, a report says.

Financial Markets

Iran to open century-old palace to tourists

A century-old palace known for its pure Iranian architecture is set to open to the public after more than 40 years of closure.

Society Economy

It is safe to fly over Iran and Iraq: KLM

Dutch flag carrier the KLM has announced it is resuming flights through the Iranian and Iraqi airspace following an interim halt that was caused by soaring military tensions in the Middle East region.

Transportation

Iran to inaugurate first section of Tehran-Shomal Freeway in February

Iranian authorities say a first section of a major road project meant to ease traffic between the capital Tehran and northern parts of the country is set to open next month.

Transportation

Iran’s metals industry already sanctioned, new sanctions irrelevant: Traders

Iranian traders say the new round of sanctions would not cause any substantial change in the country’s steel production because the whole metals industry have previously been sanctioned by the US.

Mine and Industry

Iran’s steel exports up by %23.5 YoY in November

Iran’s exports of various steel products increased by nearly a quarter in the eight-month period ending in late November 2019, a report shows.

Mine and Industry