Tehran Bans Trade & Travel including Umrah with Saudi Arabia


Supporters of Shi'ite cleric Moqtada al-Sadr protest against the execution of Shi'ite Muslim cleric Nimr al-Nimr in Saudi Arabia, during a demonstration in BaghdadJNN 01 Jan 2016 Tehran : Tehran has severed its commercial ties with Riyadh, its government announced on Thursday. The move comes amid a diplomatic rift between the two nations following the execution of a prominent Shia cleric by Saudi authorities. Continue reading

Iran’s Annual Trade Hits $150b Despite Sanctions: Official


iran's Annual Trade Hits $150BnJNN 05 Apr 2015 Tehran : Despite sanctions imposed by UN, EU and U.S. on Iran over its nuclear program, the country’s annual trade amounted to $150 billion in the previous Iranian calendar year, which ended on March 20. Continue reading

Iran’s non-oil trade exceeds $80.1b in 11 months


Iran's Non Oil Trade exceeds USD80bJNN 27 Feb 2014 Tehran : Iran conducted $80.159 billion in trade of non-oil goods with other countries during the first eleven months of the current calendar year which began on March 21, 2013, according to the latest report released by Iran’s Customs Administration. Continue reading