** IRAN DAILY
- Annual profit of state-run Iranian banks hits $1.4b: Minister
Iranian Minister of Economy Ehsan Khandouzi announced on Wednesday that during the last Iranian year, which ended on March 20, except Bank Sepah, all state banks came out of the loss-making mode and posted a net profit of 70 trillion tomans ($1.4 billion). Speaking on state TV, the minister said that one of the long-standing problems of the country’s financing system was that state banks were suffering from a lack of discipline and legality, IRNA reported.
- Iran-China seven-month trade surpasses $8.5b
Trade between Iran and China in the first seven months of the current year reached $8.54 billion, with China’s export of products to Iran accounting for $6 billion of it, China’s Customs Office reported. Iran and China exchanged over $9.6 billion worth of products from January to July 2022, the report added, according to Tasnim news agency.
- Number of NTBFs active in Iranian oil industry tripled
There has been an increase of new technology based firms (NTBFs) in oil industry by more than three times as 751 contracts have been signed worth $340 million with Iranian start-ups. The 80-percent imports of equipment for Iranian oil industries has dropped to around 20 to 30%, has said Vahidreza Zeidifard, the deputy minister of oil for engineering, research and technology affairs.
** TEHRAN TIMES
- ‘De-dollarization’, expansion and ‘cold war’ dominate BRICS meeting
Russian President Vladimir Putin has told participants of the BRICS Business Forum that the de-dollarization process is irreversible across BRICS nations.
-“Victory is certainly yours,” Velayati tells resistance leaders
Ali Akbar Velayati, the top advisor to the Leader of the Islamic Revolution, has emphasized that the triumph belongs to the resistance forces as the Israeli regime is losing the battles. Velayati, who counsels Ayatollah Ali Khamenei on foreign matters, congratulated top resistance figures on the occasion of the recent triumphs of the local resistance movement.
- Release of Iran's frozen funds is a rightful access not a favor
The Washington Times on August 22 published an article titled "Biden's dangerous oral nuclear agreement with Iran".
The article, written by Jed Babbin, a national security and foreign affairs columnist, addresses the prisoner swap agreement between the U.S. and Iran that was reached on August 10 and poses a question about the silence of the White House about the issue.
** KAYHAN INTERNATIONAL
- BRICS Decides to Expand Developing Bloc
Leaders of the BRICS bloc of leading developing countries have agreed mechanisms for considering new members, South Africa said on Wednesday, paving the way for dozens of interested nations to join the group which has pledged to champion the “Global South”. Agreement on expansion could help lend global clout to BRICS - Brazil, Russia, India, China and South Africa - at a time when geopolitical polarization is spurring efforts to forge the bloc into a viable counterweight to the West.
- Iran All Set to Join BRICS
The Islamic Republic of Iran after formal endorsement of its membership by the Shanghai Cooperation Organization (SCO) earlier this year is now poised to join another prestigious international body which has decided on a common currency to further reduce the role of the imposed US dollar on world countries.
- Three Terrorists Captured in Iranshahr
Police forces in the southeastern province of Sistan and Baluchestan have arrested a three-member terrorist team affiliated to the so-called Jaish al-Adl terrorist group in Iranshahr city.
The team sought to crease insecurity in the city and elsewhere in the province, but they were identified before carrying out any act of sabotage, a provincial police official said, noting that the terrorists were detained in a technical and complicated operation.
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