Iran has used the capabilities and experiences of its engineers and experts to boost production in phases 2 and 3 of the South Pars gas field, an official said on Saturday.
Iran increases production in South Pars phases 2, 3
The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that the central bank is not intending to omit Iran’s domestic Foreign Exchange Management Integrated System (locally known as NIMA) from the domestic forex trade market.
CBI not to eliminate forex management integrated system NIMA: Governor
Close to 3.2 million tons of steel slab and sponge iron were produced in the Persian Gulf Special Economic Zone of Hormuzgan Province during the year to March 20.
Over 3m tons of steel slab, sponge iron produced in Hormuzgan Province
Turkish President Tayyip Erdogan said on Friday his government may extend existing special consumption tax cuts on cars when they expire next month, in a move aimed at boosting declining car sales.
Erdogan: Turkey may extend special consumption tax cuts on cars
The industry ministry will hold meetings in major cities in June to encourage small businesses to speed up their preparations for the October consumption tax hike, it has been learned.
Japan to promote tax hike preparations by small businesses
China’s banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer ‘heavy losses’ if they bet against the currency.
China's top banking regulator says yuan bears will suffer 'heavy losses'
Theresa May’s decision to step down as Britain’s prime minister just made the bruised pound’s outlook even murkier.
Pound path grows hazier as political tremors add to Brexit woes
Iran’s Foreign Minister Mohammad Javad Zarif said that development of Chabahar Free Trade Zone is high on the agenda of the Iranian Foreign Ministry and foreign policy.
Zarif: Chabahar development top priority of Iran
Iran’s oil storage on land and at sea is on the rise as US sanctions on exports bite and Tehran battles to keep its fields operational and crude flowing, according to data and industry sources.
Iran stores more oil on land, at sea
The US envoy to Baghdad said Washington has exempted Baghdad from some of its unilateral anti-Iran sanctions, allowing Iraq to continue importing energy from Iran.
US grants waiver to Iraq to buy Iran’s energy

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