Iran-Iraq Trade Not Affected by US Sanctions, Baghdad Says TEHRAN (Tasnim) – The bilateral trade between Iran and Iraq has not been affected by the sanctions imposed by Washington against Tehran, an Iraqi official said. Fadel al-Hamdani, head of the Iraqi-Iranian Chamber of Commerce, told Al-Monitor, “Trade between Iraq and Iran is still ongoing and […]
Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers LONDON (Reuters) – All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. […]
Turkey Stands Firmly Against U.S. Sanctions On Iran Following Wednesday’s unexpected and dramatic full and “immediate” withdrawal of all U.S. forces from Syria, Turkey has announced it will not play ball on Iran sanctions. According to a translation of the Turkish president’s words on Thursday during a previously planned summit with Iranian President Hassan Rouhani in Ankara, journalist […]
REGULATIONS FOR PRIVATE EQUITY FUNDS FINALIZED Iran Capital Market, Securities and Exchange Organization Deputy for Supervision on Financial Institutions, Saeed Falahpour, announced approval of the regulations for private equity funds by the board. These funds aim to invest in private, non-listed, and listed companies in major stakes to obtain the voting rights, so to influence the […]
TEHRAN – The director of National Iranian Oil Company (NIOC)’s Discovery Department said new oil and gas fields have been discovered in the country during the past two years, IRNA reported on Tuesday. “The details of the discoveries will be revealed by the Oil Ministry.” Saleh Hendi said. According to the official, there are currently […]
Tehran Stock Exchange Launching Equity Futures on Sunday Future contracts (also known as futures) will be launched officially on the Tehran Stock Exchange TSE on Sunday, the TSE director said. Ali Sahraee said such futures are traded internationally in the form of ‘Index Futures’ but since “physical delivery” is not possible in such contracts, they […]
ran and Oman have launched a fourth direct shipping route between the countries, according to the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). The route between Iran’s port city of Jask and the Omani port of Al Suwaiq, joins three others already in operation. The first shipping route between the two […]
TEHRAN (Tasnim) – The head of Iran-China Joint Chamber of Commerce said the hurdles in banking transactions between Tehran and Beijing have been cleared. In an interview with Tasnim, Asadollah Asgaroladi said problems faced by Iranian merchants in trading with China have been resolved. “As of December 2, a Chinese bank will begin banking transactions with Iran,” he […]
TEHRAN, Dec. 04 (MNA) – Iran’s Deputy Foreign Minister for Political Affairs said that abiding by FATF regulations is a requirement for the implantation of Special-Purpose Vehicle (SPV) or any other financial mechanism. “If the Iranian banks which are subject to US sanctions are affected by FATF sanctions, it would be natural that they cannot […]
SINGAPORE/SEOUL (Reuters) – With supply from major producer Iran uncertain, big condensate user South Korea is scouring the world for alternative sources of this key ingredient in its large chemical industry to avert shortages – a process that is proving to be costly for buyers. Condensate, a type of ultra-light crude oil, is a feedstock […]