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  • Yesterday 09:06

    IMF sees Iran’s GDP growth at 4% in 2018

    TEHRAN - The International Monetary Fund (IMF) in its latest World Economic Outlook titled “Cyclical Upswing, Structural Change” predicted a four-percent real gross domestic product (GDP) growth for Iran in 2018, down 0.3 percent from 4.3 percent in 2017.

  • Dollar 2018-04-18 18:36

    Iran replaces dollar with euro in financial reporting

    TEHRAN- The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements, IRNA reported.

  • Industrial projetcs 2018-04-18 18:35

    Direct foreign investments running 88 industrial projects

    TEHRAN- Iranian industry, mining and trade minister announced that 88 industrial projects are being implemented in Iran using foreign direct investments, IRNA reported on Wednesday.

  • Iran, Russia 2018-04-18 18:35

    Iran, Russia mulling over renewal of oil-for-good pact

    TEHRAN – Iran and Russia are negotiating the extension of the agreement on oil supplies to Russia under the oil-for-goods program for five years, Tass reported quoting Russia’s oil minister as saying on Tuesday.

  • International Monetary Fund (IMF) 2018-04-18 18:35

    IMF sees Iran’s GDP growth at 4% in 2018

    TEHRAN - The International Monetary Fund (IMF) in its latest World Economic Outlook titled “Cyclical Upswing, Structural Change” predicted a four-percent real gross domestic product (GDP) growth for Iran in 2018, down 0.3 percent from 4.3 percent in 2017.

  • pipe 2018-04-18 18:34

    Over 1,000km of gas supply pipeline to become operational by next Mar.

    TEHRAN- Over 1,000 kilometers of gas supplying pipeline will become operational by the end of current Iranian calendar year (March 20, 2019), according to a gas official.

  • Rastad 2018-04-18 18:34

    By Mahnaz Abdi

    PMO to reduce port, maritime tariffs noticeably in current year

    TEHRAN- Iran’s Ports and Maritime Organization (PMO) will reduce tariffs on maritime and port activities significantly in the current Iranian calendar year (begins on March 21), the organization’s managing director, Mohammad Rastad, announced in a press conference on Wednesday.

  • Jobs 2018-04-18 04:21

    Over 790,000 jobs created in a year

    TEHRAN- The Statistical Center of Iran announced that 790,561 jobs have been created in the country during the past Iranian calendar year (ended on March 20).

  • Agriculture 2018-04-18 03:20

    Annual agricultural products, foodstuff exports up 4%

    TEHRAN- The value of agricultural products and foodstuff exports from Iran rose four percent in the past Iranian calendar year (ended on March 20), Kaveh Zargaran, the secretary general of Federation of Iranian Food Associations, announced, citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).

  • Mining sector exports 2018-04-17 20:20

    Mining sector exports $9b in a year

    TEHRAN- Iranian Deputy Industry Minister Mehdi Karbasian announced that during the past Iranian calendar Year 1396 (ended March 20, 2018) exports of domestic mining sector stood at $9 billion, IRNA reported.

  • Industrial-permits 2018-04-17 20:13

    Noticeable rise in establishment, exploration, operation permits issuance

    TEHRAN – The number of establishment, exploration and operation permits issued during the last Iranian calendar year (March 2017- March 2018) increased significantly compared to its preceding year, the Iranian Ministry of Industry, Mining and Trade’s news portal (Shata) reported on Monday.

  • Transit of goods 2018-04-17 08:22

    Transit of goods via Iran up 24% in a year

    TEHRAN- Transit of goods through Iran rose 24 percent in the past Iranian calendar year, which ended on March 20, according to Islamic Republic of Iran Customs Administration (IRICA).

  • oil 2018-04-17 06:50

    Iran ships 2.1m bpd of oil to global markets in March

    TEHRAN – Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing the oil ministry.

  • FINEX 2018 2018-04-16 21:42

    FINEX 2018 hosting near 400 companies in Tehran

    TEHRAN- The 11th edition of Iran’s International Exhibition of Exchange, Bank and Insurance (FINEX 2018) kicked off at the Tehran Permanent International Fairground on Monday with participation of 392 Iranian and foreign companies.

  •  freeways 2018-04-16 21:29

    1,100 kilometers of freeways inaugurated in a year

    TEHRAN- About 1,100 kilometers of freeways were inaugurated in Iran during the pat Iranian calendar year (ended on March 20), according to Kheirollah Khademi, the managing director of Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC).

  • Iran, Austria 2018-04-16 21:28

    Expansion of rail transport co-op stressed by Iran, Austria

    TEHRAN – A 10-member Austrian trade delegation visited Tran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Sunday to discuss expansion of cooperation between the two countries in rail transport, TCCIMA portal reported.

  • Zarif 2018-04-16 20:09

    Zarif embarks for Dushanbe to attend ECO ministerial meeting

    TEHRAN- Iranian Foreign Minister Mohammad Javad Zarif left Tehran for Tajikistan on Monday to take part in the Economic Cooperation Organization (ECO) 23rd meeting of Council of Ministers (COM) in the Tajik capital of Dushanbe the next day, IRNA reported.

  • Iranian textile and clothing products 2018-04-16 05:38

    Textile, garment exports up 15% in a year

    TEHRAN – The value of textile and garment exports reached $970 million in the past Iranian calendar year (ended on March 20), a 15 percent rise compared to the preceding year.

  • Chabahar power plant 2018-04-16 04:20

    Gas supply to Chabahar power plant to start in late May

    TEHRAN – The first phase of the gas supply project to Chabahar power plant in southeastern Iran is due to be completed by May 22 in which 1 million cubic meters (mcm) of gas will be supplied to the plant on a daily basis.

  • بازار دلار 2018-04-15 21:01

    By Mehrnoosh Aryanpour

    Dollars for…donuts: when the craze for FX simply gets out of control

    The other week’s slide in the rial to a new record low, posted as 56,800 per dollar, according to the Financial Tribune last week, shows just how maniacal the market’s thirst for hard currency has become. But instead of following the herd and asking, “where can I get some dollars to hoard?”, the better questions to ask are instead:

  • Non-oil Exports 2018-04-15 20:56

    Iran’s annual non-oil exports anticipated to hit $55b by Mar. 2019

    TEHRAN- Iranian deputy industry, mining and trade minister predicted that the country’s annual exports of non-oil products will reach $55 billion in the current Iranian calendar year (ends on March 20, 2019), ISNA reported on Sunday.

  • South Pars 2018-04-15 20:50

    Platforms of SP remaining phases to be completed by next March.

    TEHRAN- Building the platforms of the remaining phases of Iran’s South Pars gas field, except for phase 11, will be completed by the end of current Iranian calendar year (March 20, 2019), according to the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field.

  • meshkinfam 2018-04-15 08:32

    South Pars daily output to rise 84mcm by late Sept.

    TEHRAN- Daily production of gas from Iran’s South Pars gas field (shared with Qatar in the Persian Gulf) will be increased by 84 million cubic meters (mcm) by the end of the first half of current Iranian calendar year (September 22), according to the managing director of Pars Oil and Gas Company (POGC).

  • Essar Oil 2018-04-15 07:20

    Settling $2.5b of Iran oil dues, Essar Oil still owes about $616m

    TEHRAN – India’s Essar Oil has paid about 2 billion euros ($2.5 billion) of its oil dues to Iran and still owes the country about $616 million, Reuters reported quoting Essar Oil’s Chief Executive B. Anand as saying on Thursday.

  • Iran, Azerbaijan 2018-04-14 20:20

    Iran, Azerbaijan ink MOU to exchange electricity

    TEHRAN - Iran and Azerbaijan signed a memorandum of understanding on Thursday based on which Iran will import 180 megawatts (MW) electricity from Azerbaijan during summer (starting from June 1).

  • PKN Orlen 2018-04-14 20:03

    Poland’s biggest refinery joins Iranian crude oil buyers

    TEHRAN – Following Lotos, Poland’s biggest oil refiner PKN Orlen has joined the buyers of Iranian crude oil, receiving a 130,000-ton shipment of Iranian crude at the Baltic seaport of Gdansk, Reuters reported.

  • Iran’s oil output 2018-04-14 20:03

    Iran’s oil output up 3,300 bpd in March: OPEC

    TEHRAN- According to OPEC’s latest monthly report published on April 13, Iran’s oil production, based on secondary sources, stood at 3.814 million barrels per day (bpd) in March, up 3,300 bpd from that of February.

  • Hassan Qalibaf-Als 2018-04-13 15:08

    New shareholders’ presence in TSE up 40% in a year

    TEHRAN- Presence of new shareholders in Tehran Stock Exchange (TSE) rose 40 percent in the past Iranian calendar year 1396 (ended on March 20), compared to its preceding year, according to TSE CEO Hassan Qalibaf-Als.

  • Car imports. 2018-04-13 08:17

    Annual car imports drop 8%

    TEHRAN- Iran imported 70,075 vehicles worth $1.838 billion in the past Iranian calendar year 1396 (ended on March 20) which indicates 8.6 percent and 8.4 percent fall in number and value, respectively, compared to its preceding year.

  • OPEC 2018-04-12 16:51

    Iran sells light crude oil at $64.34 in a week

    TEHRAN- Iran’s light crude oil price fell $2.31 in the week ended on April 6 to settle at $64.34 per barrel, Shana reported on Wednesday.