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  • Mineral export 2018-01-08 19:53

    Mineral exports at over $6.8b in 9 months

    TEHRAN- Iran exported $6.855 billion worth of mineral products during the first nine months of the current Iranian calendar year (March 21-December 21, 2017), with three percent rise compared to the same period of time in the preceding year.

  • Iranian gas 2018-01-08 19:53

    Basra to receive Iranian gas within 2 months: official

    TEHRAN – Iraq is preparing infrastructure to receive Iranian natural gas in its southern city of Basra within two months, IRIB news reported quoting the National Iranian Gas Company’s managing director.

  • oil tanker 2018-01-07 19:54

    Iranian crude oil closes 2017 with a $65.77 record mark

    TEHRAN - Iranian light crude oil price reached the record high of $65.77 per barrel on December 30, 2017, registering a $12.46 increase compared to last year’s figure for the same date.

  • iron ore 2018-01-07 19:51

    By Mahnaz Abdi

    Iran imposing export tax on iron ore facing strong opposition

    Last month, Iranian Deputy Industry, Mining and Trade Minister Jafar Sarqeini announced that the government will impose a 10% export duty on iron ore from the beginning of the next Iranian calendar year 1397 (March 21, 2018) and plans to increase the figure to 15% in the calendar year 1398.

  • collision 2018-01-07 19:50

    32 missing after Iranian, Chinese vessels collide

    TEHRAN – An Iranian oil tanker heading to South Korea, collided with a Chinese cargo ship off the coast of east China on Saturday due to which the tanker’s 32 crew members went missing.

  • Iranian oil tanker collides with Chinese freighter, 32 missing 2018-01-07 11:25

    Iranian oil tanker collides with Chinese freighter, 32 missing

    Thirty-two crew members, including 30 Iranians and two Bangladeshis, have gone missing after two vessels collided off China's east coast on Saturday evening, China's Ministry of Transport said Sunday.

  • Iran-banks 2018-01-06 20:01

    Iranian banks linking with 286 foreign partners 2 years after JCPOA

    TEHRAN – Two years after implementation of the Joint Comprehensive Plan of Action, the international agreement on Iran’s nuclear program, in January 2016, Iranian banks has established banking relations with over 285 banks worldwide, IRNA reported on Saturday.

  • Baghdad 2018-01-05 20:07

    Iraqi capital to host Iran’s exclusive expo in mid-Feb.

    TEHRAN- Iran will hold its exclusive trade and industrial exhibition from February 12 to 15 in Baghdad, Iran’s commercial attaché to Iraq announced, IRNA reported on Friday.

  • برداشت برنج از شالیزارهای گیلان‎ 2018-01-05 20:07

    Iran imports 1m tons of rice in 9 months

    TEHRAN- According to the latest report released by the Islamic Republic of Iran Customs Administration (IRICA), the country imported one million tons of rice during the first nine months of the current Iranian calendar year (ended December 21, 2017).

  • Iran’s Finance and Economic Affairs Minister Masoud Karbasian 2018-01-05 20:05

    Iran’s projected 7% GDP growth not driven by oil: fin. min.

    TEHRAN - Iran’s Finance and Economic Affairs Minister Masoud Karbasian praised the country’s current gross domestic product (GDP) growth saying, “What makes this growth important is that, it is not driven only by oil income.”

  • Phase 14A 2018-01-03 19:57

    By: Ebrahim Fallahi

    Iran to soon surpass Qatar in South Pars: official

    BANDAR ABBAS- With phase 14 going fully operational, Iran’s gas production from South Pars giant gas field (which Iran shares with Qatar in Persian Gulf) will surpass the Arab country, operator of the South Pars Phase 14 of development, Hamid-Reza Masoudi, said.

  • tech exports 2018-01-02 19:55

    80% rise in exports of technical, engineering services in 8 months

    TEHRAN- On of the managing directors from Trade Promotion Organization (TPO) announced that Iran’s exports of technical and engineering services has increased 80 percent during the first eight months of the current Iranian calendar year (ended on November 21, 2017), IRIB news reported on Tuesday.

  • Expos 2018-01-02 19:55

    Tehran hosting 2 intl. expos until Friday

    TEHRAN- The 11th edition of International Exhibition of Goods, Services, Store Equipment & Chain Stores (IRAN Shop 2018) and the 14th edition of International Exhibition of Advertising, Marketing and Related Industries started operation at Tehran Permanent International Fairgrounds on Tuesday, IRNA reported.

  • Telegram 2018-01-02 19:55

    By Haniyeh Sadat Jafariyeh

    Filtered apps suffocate domestic businesses

    Following the social unrest across Iran, starting on Thursday, the government started blocking access to social networks and messaging apps including Telegram and Instagram, while some controls were also put on Iranians’ access to the Internet.

  • Rice imports 2018-01-01 19:57

    Iranian customs bans rice imports order registration

    TEHRAN- The Islamic Republic of Iran Customs Administration (IRICA) banned any registration for imports of rice until further notice, IRNA reported.

  • IME 2018-01-01 19:53

    By Mahnaz Abdi

    Guaranteed price for wheat to elevate agriculture

    Following the successful implementation of the plan for offering barley and corn in Iran Mercantile Exchange (IME) at guaranteed price instead of the guaranteed purchase of these grains by the government, which brought satisfaction for both farmers and the government, Iran carried out this plan also for wheat.

  • Morteza Bank 2018-01-01 19:52

    Majlis economic committee to study creating new free zones

    TEHRAN- The bill on establishment of eight new free trade-industrial zones and 12 new free economic zones will be discussed by Iranian parliament (Majlis)’s economic committee within the next two weeks, Morteza Bank, the secretary of Free Zones High Council, announced.

  • Nobakht 2017-12-31 22:13

    830,000 jobs to be created by Mar.2019

    TEHRAN- Government spokesman Mohammad Baqer Nobakht announced that the government will create 830,000 job opportunities by the end of the next Iranian calendar year (March 20, 2019), IRIB news reported on Sunday.

  • market 2017-12-31 22:13

    By Haniyeh Sadat Jafariyeh

    Official statistical figures vs. Iranians’ economic conditions

    According to the latest report released by the Statistical Center of Iran (SCI), in the first half of the current fiscal year (March 21-September 22), the country’s economy grew by 5.6 percent, while the figure, without taking into account oil production, stood at 6 percent, compared to last year's corresponding period. The state-run body also put the inflation rate for the 12-month period ended on the last day of the ninth Iranian calendar month of Azar (December 21) at 8 percent, compared to the same period in the preceding year.

  • South Pars 2017-12-31 22:11

    SP platform 14A to be installed on Jan. 10

    TEHRAN- Platform 14A of Iran’s South Pars gas field (in the Persian Gulf) is projected to be installed on its designated offshore spot on January 20-22, according to the operator of South Pars phase 14 development plan.

  • annual steel output 2017-12-30 21:58

    Over $25b needed to reach 55mt annual steel output: minister

    TEHRAN – Iran’s Industry, Mining and Trade Minister Mohammad Shariatmadari said over $25.6 billion is needed to reach the country's 55 million-ton steel capacity envisaged in Iran’s 1404 (March 2025-March 2026) Outlook Plan.

  • ATR airplanes 2017-12-30 21:57

    Iran Air receives 2 ATR airplanes

    TEHRAN- Iran’s national flag-carrier Iran Air received two of its ordered twin-engine turboprop purchased from the European plane maker ATR on Saturday, IRNA reported.

  •  rebar exports 2017-12-29 21:07

    Iran to increase rebar exports in 2018: sources

    TEHRAN- Thanks to decrease in domestic demand, Iranian rebar exports will increase in 2018, Platts quoted Iranian industry sources.

  • Jahangiri 2017-12-29 21:00

    First VP inaugurates major industrial projects

    TEHRAN- Iranian First Vice-President Es’haq Jahangiri inaugurated major industrial projects in the northeastern province of Khorasan Razavi on Thursday, Shata news agency reported.

  • Privatization 2017-12-29 20:58

    By Mahnaz Abdi

    Factors slowing down privatization in Iran

    The law on implementation of the general policies of the Article 44 of Iran's Constitution on privatizing state-owned companies was declared in 2006 in a bid to downsize the government and promote the private sector’s role in the national economy.

  • NITC 2017-12-27 19:54

    Total, Shell lease out Iranian oil tankers

    TEHRAN- National Iranian Tanker Company (NITC) Managing Director Sirous Kianersi said that Total and Shell are among the international companies that have leased out Iranian oil tankers since the implementation of Joint Comprehensive Plan of Action (JCPOA) that lifted the sanctions against Iran in January 2016.

  • Rag-Sefid oilfield 2017-12-27 19:52

    Blaze put out at Rag-Sefid oilfield

    TEHRAN- Fire in the well No. 147 of Rag-Sefid offshore oilfield in Iran’s southwestern Khuzestan Province was put out at Tuesday’s night, Shana news agency reported.

  • gas vs electricity exports 2017-12-27 19:51

    By: Ebrahim Fallahi

    Natural gas vs. electricity exports: question of profitability

    Having abundant energy resources and a great number of power plants, Iran is one of the Middle East’s top energy suppliers which contributes to the region’s electricity supplements both directly through electricity exports and indirectly via exporting natural gas being used as feedstock for the destination countries’ power plants.

  • inflationa 2017-12-26 21:23

    Inflation rate stands at 10% in Iran: CBI

    TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate for the 12-month period ended on the last day of the ninth Iranian calendar month Azar (December 21) compared to the same period in the previous year hit 10 percent, IRIB news reported on Tuesday.

  • Iran-Russia 2017-12-26 21:23

    Russia’s Eximbank inks unlimited finance deal with Iran

    TEHRAN – Eximbank of Russia signed a deal on Tuesday with four Iranian banks in order to provide them with unlimited funds to implement projects in Iran.