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Financial Tribune

Japans Iran oil imports surge in May

In May 2018, Japans oil import from Iran surged 31.5 percent to hit the highest level in 14 months. In this month, Japan imported 211097 barrels of oil each day.

Energy

Iran trucks to be exempt from Armenia road tax

The government of Armenia put on the agenda of its Cabinet meeting on Monday a package of draft laws, pursuant to which road-tax payers who enter the country with trucks registered in Iran shall be exempt from road tax in Armenia, if these vehicles are at a maximum of one kilometer from the Armenia-Iran border in the areas under customs control.

Transportation

India not to follow US restrictions against Iran

Senior Iranian and Indian officials Monday discussed ways to strengthen bilateral ties, particularly trade links, and exchanged views on the latest regional and international developments.

Trade

Iran natural gas exports up 60%

Natural gas exports experienced a 60% hike during the fiscal 2017-18 compared with the corresponding period of the previous year, the National Iranian Gas Companys director for international affairs said on Sunday.

Energy

Iran exports to EU up 5% in Q1 2018

Irans exports to the European Union during the first three months of 2018 stood at more than €2.91 billion, indicating a 5% rise compared with the corresponding period of the year before.

Trade

Tehran IKIA Airport projects laid out for investors

The first development phase of Imam Khomeini Airport City was delineated in a press conference themed "Investment Opportunities in Imam Khomeini Free Trade Zone and Special Economic Zone" on Sunday.

Transportation

First phase of Irans biggest mall opens in Tehran

Iran Mall, an all-Iranian monumental project slated to be one of the worlds top five commercial and cultural complexes and the biggest in the Middle East, is to have its first of the two phases launched today.

Society Economy

Iran, Macedonia eye boosting trade ties

A forum between Iranian and Macedonian businesspeople was held in Skopje on Thursday.

Iran Chamber

Iran hand-woven carpet exports hit $424m

Some 5,400 tons of hand-woven Persian carpets worth $424 million were exported from Iran in the last fiscal year (ended March 20, 2018), registering an increase of 18.11% in value compared to the year before, statistics from the Islamic Republic of Iran Customs Administration show.

Trade

Cryptocurrencies barred in Iran

The Central Bank of Iran has officially prohibited all financial institutions, including banks and credit institutions, from handling cryptocurrencies.

Financial Markets

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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