Latest Financial News in Iran – News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.
Tehran and Seoul have held working-level consultations to discuss ways to resolve years-long disputes over Iran's funds frozen in South Korea under the U.S. sanctions, South Korea’s foreign ministry announced Wednesday.
A study finds that Tehran was the “most unsafe” province in Iran for investment in the past spring, whereas West Azarbaijan Province in the northeast has been classified as the best spot for that purpose.
An official with Iran's Thermal Power Plant Holding says the Russian government has allocated five billion euros in loans and credit lines for the implementation of a number of joint projects with the Islamic Republic.
South Korea and Iran plan to hold working-level consultations next month in Seoul to discuss ways to untangle years-long disputes over Tehran's assets frozen under US sanctions, an informed source says.
Iran’s police say they have identified the location of the former President of its Bank Melli, who is the main suspect in a major embezzlement scandal, but officials of the country, where he is a resident now, have openly turned down requests for his extradition.
Iran's Deputy Foreign Minister Ali Bagheri Kani has stressed that regardless of the outcome of the talks between Tehran and P4+1 group in Vienna, the South Korean government is obliged to release blocked Iranian money
The Iranian oil minister says the country’s natural gas swap with Turkmenistan, to help it export to the Azerbaijan Republic through Iran, will begin from the turn of the year.
Iran's Supreme Court has acquitted former Central Bank governor Valliollah Seif and his deputies who were convicted in October of squandering millions of dollars in public funds.
Iran’s Deputy Minister of Roads and Urban Development says the Islamic Republic welcomes Uzbekistan’s approach to using the capacity of the Iranian port city of Chabahar to develop trade and investment in Shahid Beheshti port, in southeast Iran.
The presidents of Iran and Turkmenistan have underlined the need to strengthen border cooperation and facilitate exchange of goods. Seyyed Ebrahim Raisi and Gurbanguly Berdimuhamedow also stressed the necessity of increasing trade cooperation in order to boost bilateral relations.
Iran’s IRNA News Agency says under the country’s budget bill for the next fiscal year starting March 21, 2022, oil exports will be estimated at 1.2 million barrels per day.
Iranian President Seyyed Ebrahim Rasisi says the next year’s budget will concentrate on promoting production and jobs, calling for a focus on domestic potential.
UK government officials were in Tehran last week discussing legal ways to pay Britain’s historical £400m debt to Iran, the Iranian ambassador to London has said.
Iran’s Deputy Foreign Minister for Economic Diplomacy has said 3.5 billion dollars in frozen Iranian assets was recently unlocked.
Mehdi Safari noted that Iran has held positive talks with countries where Iranian assets are frozen.
Iran’s President Ebrahim Raisi has described relations with Venezuela as strategic during a phone conversation with the country’s president Nicolas Maduro.
The Iranian negotiating team led by Ali Bagheri Kani is in Vienna where talks are scheduled to be held on November 29, 2021 with the remaining signatories to the 2015 Iran nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA).
