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  • IPC-tender 2017-07-30 07:17

    IPC puts priority on 3 oilfields: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said three oilfields are top priority for tenders based on IPC (Iran’s new model of oil contract), Tasnim news agency reported on Saturday.

  • Iran-Gazprom 2017-07-29 19:35

    Gazprom Neft inks MOU on 2 Iranian oilfields

    TEHRAN – Russia’s Gazprom Neft Company signed a memorandum of understanding (MOU) with Iran’s Oil Industries Engineering & Construction Group (OIEC) for conducting studies on Changuleh and Azar oilfields in western Iran.

  • Iran-Germany 2017-07-29 09:28

    Iran, Germany mull over expanding economic, banking ties

    TEHRAN – Iranian Minister of Transport Abbas Akhoundi and Germany’s Minister of Economic Affairs and Energy Brigitte Zypries met on Thursday to discuss economic cooperation and expansion of banking relations.

  • Mokran Solar Farm 2017-07-29 08:30

    By Mahnaz Abdi

    Iran goes big on clean energy

    KERMAN- Through inaugurating a solar farm with a generation capacity of 20 megawatts and also breaking the ground for another solar farm with 100 MW capacity Iran took a big step toward harnessing renewable energies.

  • Dennis Muilenburg 2017-07-28 19:08

    Boeing on track to deliver planes to Iran in 2018: CEO

    TEHRAN- Boeing chairman and CEO announced that the American manufacturer is in the way to begin delivering planes to Iran next year.

  • EACE 2017-07-27 15:52

    Iranian products to be showcased at Eurasia Commodity Expo in China

    TEHRAN – The 2017 (China) Eurasia Commodity and Trade Expo (EACT 2017) will be hosting Iranian exhibitors active in different areas to showcase their latest products and achievements.

  • Car 2017-07-26 19:03

    Car output up 20% in 4 months yr/yr

    TEHRAN- Iranian carmakers manufactured 420,000 vehicles in the first four months of the current Iranian calendar year (March 21-July 22), a 20 percent rise year on year, the industry minister Mohammadreza Nematzadeh announced.

  • Iran-Korea 2017-07-25 20:24

    Iranian, S. Korean private sectors ink 10 MOUs on technology transfer

    TEHRAN – Private sectors of Iran and South Korea signed 10 memorandums of understanding (MOUs) on Sunday for mutual cooperation and technology transfer.

  • Chinese Bank 2017-07-25 19:19

    China to provide $1.5b finance for Iran railway project

    TEHRAN- China’s Exim Bank (the Export-Import Bank of China) penned a contract with Iran’s Bank of Industry and Mine to finance $1.5 billion for signaling of Tehran-Mashhad railroad, IRIB news reported.

  • Thailand 2017-07-25 09:38

    Iran-Thailand business forum held

    TEHRAN- Iran-Thailand business forum was held on Monday at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran, IRNA reported.

  • Power 2017-07-25 09:26

    Iran’s power generation capacity surpasses 77,000 MW

    TEHRAN- The nominal electricity generation capacity reached 77,068 megawatts (MW) in Iran through putting two small gas-fueled power plants into operation in the fourth Iranian calendar month of Tir (June 22-July 22), Tasnim news agency reported on Monday.

  • Iran IMF 2017-07-24 19:10

    Iran’s higher growth raises IMF’s 2016 global forecast

    TEHRAN- The International Monetary Fund (IMF) has raised its forecast of global economic growth by 0.1 percent partly due to higher growth in Iran.

  • Iran-Afghanistan 2017-07-23 19:27

    By Ebrahim Fallahi

    Iran, Afghanistan to link railway networks

    TEHRAN – Iran and Afghanistan signed a memorandum of understanding (MOU) on Sunday for implementing a project linking rail networks of the two neighboring countries.

  • khosrotaj 2017-07-23 09:22

    German, French companies ready to establish chain stores in Iran

    TEHRAN- Some big German and French companies have declared their preparedness to set up chain stores in Iran, The Head of Iran’s Trade Promotion Organization (TPO) Mojtaba Khosrotaj told IRNA on Saturday.

  • Stock 2017-07-23 09:17

    Stock market index gains 508 points in a day

    TEHRAN- Stock index gained 508 points to 80,670 in Iran’s stock exchange market on Saturday (the last day of Iranian fourth calendar month of Tir. Some 693 million shares worth 4.37 trillion rials (about $115.6 million) were dealt in the stock market.

  • Zanganeh 2017-07-22 19:37

    No banking hurdles facing Total deal: Zanganeh

    TEHRAN – Total and other consortium members will not be facing any banking problems in their gas deal recently signed with Iran, Oil Minister Bijan Namdar Zanganeh told IRNA on Saturday.

  • NITC 2017-07-22 08:35

    NITC, oil research institute ink contract on promoting fuel quality

    TEHRAN- National Iranian Tanker Company (NITC) and Iran’s Research Institute of Petroleum Industry signed a contract for cooperation on promoting the quality of bunkering fuel and reducing the pollutants, Shana news agency reported.

  • Javad Kachoueeian 2017-07-22 08:32

    Iran-Ireland trade jumps in Q1

    TEHRAN- Trade volume between Iran and Ireland witnessed a sudden increase during the first three months of 2017, Iranian Ambassador to Ireland Javad Kachoueeian said in an interview with ILNA published on Friday.

  • Steel 2017-07-21 19:39

    Crude steel exports up 67% in Q1

    TEHRAN- Iran exported 1.675 million tons of crude steel in spring 2017, which corresponds to the first quarter of the current Iranian calendar year (March 21-June 21), a 67 percent rise year on year, according to the Iranian Steel Association.

  • Kish 2017-07-18 19:09

    $200m of projects inaugurated in Persian Gulf islands

    TEHRAN - Nine large industrial, development, and tourism projects, worth 8 trillion rials (about $210 million) came on stream in the two Persian Gulf islands of Kish and Hendurabi.

  • Petchem 2017-07-18 09:27

    Petchem sector inks MOUs on $10b FDI in 1.5 years

    TEHRAN- Iranian petrochemical industry has signed memorandums of understanding (MOUs) on attraction of $10 billion foreign direct investment (FDI) with European and East Asian countries over the past one and half years, according to a petrochemical director.

  •  energy 2017-07-17 19:44

    Energy deals inked with Russian, Japanese firms

    TEHRAN- Iran inked two memorandums of understanding (MOUs) on three of its oil and gas fields with Russian and Japanese companies in Tehran on Monday, National Iranian Oil Company (NIOC) announced.

  • railway 2017-07-17 09:08

    By Mahnaz Abdi

    Rail reform plan seeks improved efficiency

    TEHRAN- Railways used to account for the major part of transportation in the world for many years, until decline in demand for railway transportation in the countries throughout the globe set the railways thinking about making some kind of transformation and reform in their structures. Germany, Britain and France were among pioneers in this regard. They embarked on reforms during 1990s.

  • Iran Iraq 2017-07-16 19:16

    Iran, Iraq agree on establishing industrial parks

    TEHRAN – Iran and Iraq signed a memorandum of understanding (MOU) on establishment of industrial parks, Shata news agency reported.

  • Moazzami 2017-07-15 19:50

    Industrial projects worth $1.5b to come on stream

    TEHRAN – The Industrial Development and Renovation Organization of Iran (IDRO) will invest 60 trillion rials (about $1.5 billion) to implement 18 projects by the end of the current Iranian calendar year (March 20, 2018).

  • industrial-parks 2017-07-15 08:44

    Industrial parks to create 136,000 jobs by Mar. 2018

    TEHRAN–Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Ali Yazdani said that some 136,000 direct jobs will be created in the country’s industrial parks by the end of the current Iranian calendar year (March 20, 2018).

  • Saeid Mohammadzadeh 2017-07-14 20:13

    Iranian railways require 28,000 wagons

    TEHRAN- Saeid Mohammadzadeh, head of the Islamic Republic of Iran Railways(known as RAI), announced that 28,000 wagons is required in the country’s railway network, Mehr News agency reported on Friday.

  • Iran-Belgium 2017-07-14 19:12

    Belgium seeks to tighten economic bonds with Iran

    TEHRAN- The Minister-President of the Belgian region of Flanders, Geert Bourgeois, has said his government seeks to expand economic ties with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Thursday.

  • chabahar 2017-07-13 12:24

    Indian companies interested in project to develop Iranian port

    India is keen to rapidly develop Iran's Chabahar Port, a strategic facility that New Delhi hopes will help expand its trade with Afghanistan and energy-rich Central Asia by circumventing Pakistan.

  • RAI-FS 2017-07-12 19:41

    Haniyeh Sadat Jafariyeh

    Iran, Italy pen €1.2b rail MOU

    TEHRAN - The Islamic Republic of Iran Railways, known also as RAI, and the Italian state-run railway company, Ferrovie dello Stato (FS), on Tuesday signed a memorandum of understanding worth €1.2 billion on construction of a high-speed railway between the Iranian central cities of Arak and Qom.