Iran’s finance minister meets with his Saudi counterpart in the kingdom’s port city of Jeddah in the first such development to follow the conclusion of a détente between the countries under China’s auspices.
Iran’s annual inflation rate rose by 1.7% to 45.8% in the calendar month to March 20, according to figures by the Statistical Center of Iran (SCI).
A high-ranking trade delegation from Saudi Arabia will visit Iran in the upcoming days to tour a major economic exhibition in the country, according to a senior Iranian official, Press TV reported.
Members of the Iranian parliament have dismissed the country’s industry minister because of his failure to control rising prices of manufactured products.
The Central Bank of Iran (CBI) has identified some 12.3 million bank accounts held by individuals and companies in the country as having links to businesses amid its efforts to prevent tax evasion and money laundering.
Central Bank of Iran (CBI) figures show that foreign debt owed by the country dropped by more than a fourth in the 11 months to late February.
Iranian exports to Turkey jumped by nearly a fourth in the year to late March, according to a senior official in the country’s Trade Promotion Organization (TPO).
A high-ranking Russian delegation will travel to Iran next month to hold talks on expansion of bilateral ties on issues ranging from oil and gas to transportation.
A senior Iranian government official says the country may tap more funding from Russia and India for transport projects that could facilitate international cargo transit through the Iranian territory.
Iran’s annual tea imports hit an all-time record in the calendar year to late March, according to figures by the country’s customs administration (IRICA).