Iran And South Korea Chamber Of Commerce Official Website

Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower interest rates, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture.

Transfer of technology is an indispensable part of Iran Petroleum Contract, the new model of oil contracts for developing Iran's oil and gas fields, as the country needs cutting-edge know-how and equipment to offset the natural decline in extraction from aging oil and gas reservoirs, deputy for engineering and development at the National Iranian Oil Company said.

The average goods and services Consumer Price Index for urban areas in the 12 months ending August 22, which marks the end of the Iranian month of Mordad, increased by 10% compared with last year’s corresponding period, the latest report released by the Central Bank of Iran showed.

The Central Bank of Iran has finally stepped in and put a stop to the trading of the so-called Sakhab bonds by banks and delegated them to the Securities and Exchange Organization.

EghtesadOnline: Tehran Stock Exchange’s main index gained 355.30 points or 0.43% to end Saturday trade at 82,897.1.

Tehran (ISNA) - The Iranian Railway Company has announced that it is continuing negotiations with Germany, Britain, France, Spain and Italy for their participation in the Iran’s railway industry.

One of the main axes is to develop the internal rail corridors and the connection of the Iranian railway to its northern, eastern and western neighbors, some of which have been finalized and others are in the final stage.

The Energy Ministry is keen to make good on a promise to add at least 1,000 megawatts, or 1 GW, to total power generating capacity each year through 2022 with the help of the private sector, a deputy energy minister said on Monday.

Tehran (ISNA) - The head of Iran's National Space Center Manouchehr Manteghi announced that the country has a good position in the microsatellites industry.

Tehran, Aug 19, IRNA – Iran exported two million barrels of crude oil recovered from South Pars Oilfield to the East Asian countries via four shipments, Petroleum Ministry said on Saturday.