Latest Business News

Saudi Arabia to Ban The Import of Camels From Egypt Because of The Foot And Mouth Disease

Saudi Arabia to Ban The Import of Camels From Egypt Because of The Foot And Mouth Disease

The Ministry of Agriculture in Saudi Arabia announced on Sunday that the ministry decided to impose a temporary ban on the import of camels from Arab Republic of Egypt because of foot ...
Saudi Arabia Produces 10 Million Barrels of Crude Oil

Al-Naimi: Saudi Arabia Produces 10 Million Barrels of Crude Oil

The Minister of Petroleum and Mineral Resources, Ali Al-Naimi, announced that Saudi Arabia currently produces around ten million barrels of crude oil per day in April. That would be ...
Iran to Ban Imports From 100 European Firms

Iran to Ban Imports From 100 European Firms

Iran reportedly plans to ban imports from European companies as part of its countersanctions against the European Union (EU). Al-Alam News Network, announced on Wednesday that Iran ...
Iran Stops Oil Exports to Germany

Iran Stops Oil Exports to Germany

In response to the oil embargo that the European Union imposed on Iran on January 23, Iran oil ministry decided to stop the oil exports to Germany. On January 29, the Iranian oil minister ...
Iran's Pasargad Bank Offers Virtual Card For The First Time

Iran’s Pasargad Bank Offers Virtual Card For The First Time

For the first time in Iran, Pasargad bank offered and innovated Virtual Card services for its clients. According to public relation of the bank, Khosro Rafie, the head of PR department ...
Aramco Cut The Price of Oil Shipments For Buyers in Asia And Europe

Aramco Cut The Price of Oil Shipments For Buyers in Asia And Europe

Aramco reduced the price of oil crude shipments for the month of May to buyers in Asia and Europe. The company announced on Wednesday that it reduced the prices of Arabian Light crude ...
Shahab Khodro Fired More Than 650 Workers

Shahab Khodro Fired More Than 650 Workers

More than 650 workers of Shahab Khodro, an Iranian company which manufactures autobuses, have been fired. Base on report from ILNA news agency the reason of dispensing these workers ...
Yousuf Raza Gilani, the prime minister of Pakistan

Pakistan to Import Oil, Gas And Electricity From Iran

Yousuf Raza Gilani, the prime minister of Pakistan, announced his country is going to import 1100 megawatts (MW) electricity from Iran. According to the reports, this decision has been ...
Mostakhdemin Hosseini Left Credit Institution For Development (CID)

Mostakhdemin Hosseini Left Credit Institution For Development (CID)

Mostakhdemin Hosseini the CEO of Credit Institution For Development (CID) resigned from his position. Hosseini joined CID 4 years ago and his main goal was converting this Institution ...
Iraqi Kurdistan to Stop Oil Exports Because of Disputes With The Government

Iraqi Kurdistan to Stop Oil Exports Because of Disputes With The Government

The Government of the Kurdistan region of Iraq announced on Sunday that it had stopped exporting oil “until further notice” because of the lack of access to funds claimed ...