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  • Iran-Russian Joint Economic Committee 2018-03-07 19:36

    Tehran, Moscow set to broaden economic co-op

    TEHRAN- The 14th meeting of Iran-Russian Joint Economic Committee wrapped up on Tuesday with signing a cooperation document by Iranian Finance and Economic Affairs Minister Masoud Karbasian and Russian Economic Development Minister Maxim Oreshkin in Moscow.

  • Puzhen-IDRO 2018-03-07 18:16

    China’s Puzhen to finance manufacturing subway wagons in Iran

    TEHRAN – Chinese rolling stock company, CRRC Nanjing Puzhen, signed a deal with Iran’s Industrial Development and Renovation Organization (IDRO) on Wednesday for financing the joint manufacturing of subway wagons in Iran.

  • Unemployed 2018-03-07 08:27

    There are 3.226m unemployed people in Iran: SCI

    TEHRAN- The Head of Statistical Center of Iran (SCI) Omid Ali Parsa put the number of jobless people at 3.226 million in the country, IRIB news reported on Tuesday.

  • Karbasian 2018-03-07 07:45

    Over $2.3b required to complete mining projects

    TEHRAN- Underway mining and related industries projects require 104 trillion rials (about $2.311 billion) of investment to be completed, according to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian.

  • Non-oil export 2018-03-06 18:55

    Non-oil exports rise 5%, hit $42b

    TEHRAN – Iran exported $41.69 billion of non-oil goods in the first 11 months of the current Iranian calendar year ending to February 19.

  • Indian ONGC Videsh Ltd. (OVL) 2018-03-06 18:54

    Indian company inks MOU in Iran to cooperate in oilfield development

    TEHRAN - Indian ONGC Videsh Ltd. (OVL) signed a memorandum of understanding (MOU) on Tuesday with Gostaresh Iranian Oil and Gas Industries Development Company (also known as IDRO Oil) for cooperation in developing Susangerd oil field in southwest Iran.

  • Shariatmadari 2018-03-06 18:54

    Iran calls for preparing economic co-op roadmap with Iraq

    TEHRAN- Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari urged preparation of Iran-Iraq economic cooperation roadmap during his visit to Iraq, Shata news agency reported on Tuesday.

  • Transit 2018-03-06 09:28

    Transit of goods via Iran up 20% in 11 months

    TEHRAN- Based on the latest data released by Iran Road Maintenance and Transportation Organization, transit of goods via maritime and land borders from March 21, 2017 to February 19, 2018 has witnessed an increase of 20 percent in comparison with the same time in the preceding year.

  • Iraq 2018-03-06 09:06

    Iran’s exclusive expos in Iraq rise quantitatively in a year

    TEHRAN- The number of Iran’s exclusive exhibitions in Iraq increased during the finishing Iranian calendar year (ending March 20, 2018), the portal of Trade Promotion Organization of Iran quoted Iranian commercial attaché to Iraq.

  • 16th general assembly 2018-03-06 07:27

    ICCIMA, ECO hold 16th general assembly

    TEHRAN- The 16th general assembly of Iran Chamber of Commerce, Industries, Mine and Agriculture (ICCIMA) and Economic Cooperation Organization (ECO) was held at the place of ICCIMA in Tehran on Monday, IRIB news reported.

  • Masoud Karbasian 2018-03-05 20:19

    Tehran, Moscow discuss further expansion of economic ties

    TEHRAN - Iranian Finance and Economic Affairs Minister Masoud Karbasian met with Russian Economy Minister Maxim Oreshkin on Monday to discuss further expansion of mutual economic cooperation, Shada news agency reported.

  • Nasrollah Sardashti 2018-03-05 20:18

    Sardashti appointed NITC’s new managing director

    TEHRAN – Nasrollah Sardashti was appointed as the new managing director of National Iranian Tanker Company (NITC).

  • Iranian light crude oil price 2018-03-05 20:18

    Iranian light crude oil price rises $2.43 per barrel in a week

    TEHRAN- Iran’s light crude oil price rose $2.43 in the week ended on February 23 to settle at $62.39 per barrel, IRNA reported on Sunday.

  • Kamel Taqavinejad 2018-03-05 08:11

    Tax income accounts for 8% of Iran’s GDP 

    TEHRAN- The share of tax revenues in Iran’s gross domestic product (GDP) has reached eight percent, according to Head of National Tax Administration Kamel Taqavinejad.

  • Persian Gulf Star 2018-03-04 21:03

    By Mahnaz Abdi

    Persian Gulf Star Refinery to make Iran a gasoline exporter

    Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock recovered from South Pars gas field which Iran shares with Qatar in the Persian Gulf.

  •  57th annual general assembly of the CBI 2018-03-04 21:02

    Positive economic trend to go on: CBI governor

    TEHRAN- Government tries its best to preserve domestic economy on its current positive trend not only by the end of current Iranian calendar year 1396 (March 20) but also by the end of the upcoming year, governor of the Central Bank of Iran (CBI) announced addressing the 57th annual general assembly of the CBI on Sunday.

  • Zanganeh 2018-03-04 21:01

    Iran won’t easily award South Pars oil layer to Total: Zanganeh

    TEHRAN – Oil Minister Bijan Namdar Zanganeh said Iran is not going to hand over the development of South Pars oil layer to Total easily since the French oil giant has taken over Danish Maersk's oil division with which Iran was negotiating the project.

  • Iran-Russia 2018-03-04 21:01

    Finance minister in Moscow to attend Iran-Russia Joint Economic Committee meeting

    TEHRAN- Iranian Finance and Economic Affairs Minister Masoud Karbasian arrived in Moscow on Sunday to attend the 14th meeting of Iran-Russia Joint Economic Committee, IRIB news reported.

  • exports 2018-03-04 08:54

    Iran exports $5.5b of non-oil goods to Iraq in 11 months

    TEHRAN- During the 11 months ending on February 19, 2018, Iran exported 12 million tons of non-oil goods to Iraq worth $5.5 billion, the Public Relations Department of the Trade Promotion Organization of Iran (TPO) announced.

  • حبیب الله بیطرف 2018-03-04 08:33

    Oil production preserving, boosting projects worth $6b specified

    TEHRAN- Iranian Oil Ministry has specified 30 projects worth $6 billion for preserving and boosting oil production in the country, according to an oil official.

  • Kardor 2018-03-03 20:57

    3 IPC deals to come close to signing by March 20

    TEHRAN – Three deals based on Iran’s new model of oil contracts (known as IPC) will get ready for final signing by the end of the current Iranian calendar year (March 20, 2018), IRNA reported on Saturday quoting an official at NIOC as saying.

  • SMEs 2018-03-03 20:12

    Over $1.8b allocated to SMEs, uncompleted projects in 9 months

    TEHRAN- According to the latest data released by Iranian Ministry of Industry, Mining and Trade, some 82.13 trillion rials (about $1.84 billion) has been paid to fund the activity of 707 small and medium-sized enterprises (SMEs) and their semi-finished projects in Iran in the first nine months of the current Iranian calendar year (March 21- December 21, 2017), IRNA reported on Saturday.

  • Iran-Pakistan-India gas pipeline project 2018-03-03 19:57

    By Ebrahim Fallahi

    IP gas pipeline: A fading opportunity for Pakistan

    Near 20 years after the initiation of talks over the peace gas pipeline, beginning as the Iran-Pakistan-India gas pipeline project, and despite the fact that Iran has completed its part of the pipeline in its territory, Pakistan has fallen behind the target to take delivery of gas, initially scheduled for 2014.

  • IPGTEC 2018-03-03 10:33

    Intl. power generation, turbomachinery expo running in Tehran

    TEHRAN - Iran’s first International Exhibition of Power Generation and Turbomachinery opened at Tehran Permanent International Fairgrounds on Friday.

  • Carpet 2018-03-03 09:41

    Hand-woven carpet exports up 22% in 10 months yr/yr

    TEHRAN- “Iran exported $336 million of hand-woven carpets in the first ten months of the current Iranian calendar year (March 21, 2017- January 20, 2018), showing an increase of 22 percent compared to the same period of time in the past year,” ISNA reported on Friday quoting Hamid Kargar, the head of Iran's National Carpet Center.

  • FINEX 2018 2018-03-03 08:52

    Tehran to host banking, insurance expo in mid-April

    TEHRAN – The 11th edition of Iran’s International Exhibition of Exchange, Bank and Insurance (FINEX 2018) is due to be held on April 16-19 in Tehran, ILNA reported.

  • Iran-Turkmenistan 2018-03-02 20:57

    Iran-Turkmenistan business forum held in Ashgabat

    TEHRAN - Turkmenistan’s Chamber of Commerce and Industry in Ashgabat hosted Iran-Turkmenistan business forum on Friday, IRNA reported.

  • Rashid Amer Mohammed Al-Mesailhi 2018-03-02 20:57

    Oman seeks expansion of trade ties with Iran

    TEHRAN- Oman is seeking expansion of its trade relationship with Iran, according to Oman Chamber of Commerce and Industry Vice Chairman Rashid Amer Mohammed Al-Mesailhi.

  • Dollar 2018-03-02 20:56

    Dollar-based purchase orders prohibited in Iran since Feb. 28

    TEHRAN- Purchase orders by merchants that are based on U.S. currency are no longer allowed to go through import procedures in Iran since Wednesday to address fluctuations in domestic market rates of the U.S. currency, IRNA reported.

  • Nobakht 2018-03-01 12:19

    Next year budget bill envisages $16b investment for employment plans

    TEHRAN- Iran’s national budget bill for the next Iranian calendar year, starting March 21 has envisaged 734 trillion rials (about $16.398 billion) of investment to be made by the government to implement 12 job-creation plans, Government spokesman Mohammad Baqer Nobakht announced in a press conference on Tuesday.