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  • 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.

  • Shahid Rajaee port 2018-02-28 20:49

    Phase 3 of Shahid Rajaee port development plan inaugurated

    TEHRAN- The third phase of the development plan of Iran’s biggest container port, Shahid Rajaee port, was launched on Wednesday in southern Hormozgan province and in the presence of President Hassan Rouhani, Transport and Urban Development Minister Abbas Akhoundi, ISNA reported.

  • Minerals 2018-02-28 20:48

    Minerals, mining exports rise 4.6% in 10 months

    TEHRAN- Iran’s minerals and mining exports stood at $7.587 billion during the first ten months of the present Iranian calendar year (March 21, 2017-January 20, 2018) registering 4.6 percent growth in comparison with the same time in the previous year, according to data released by the Islamic Republic of Iran Customs Administration (IRICA).

  • Stadler-IDRO 2018-02-28 20:46

    Swiss company to finance €1.1b manufacturing of subway wagons in Iran

    TEHRAN – Swiss company Stadler Rail Group inked a deal with Iran’s Industrial Development and Renovation Organization (IDRO) on financing the joint manufacturing of subway wagons in Iran.

  • Iran-Korea 2018-02-27 20:27

    Seminar on Iran’s investment opportunities held in S. Korea

    TEHRAN – Concurrent with the opening of Iran-South Korea Joint Chamber of Commerce a seminar on Iran’s investment opportunities was held in Seoul on Monday.

  • Armenia 2018-02-27 19:50

    Yerevan hosting Iran-Armenia Joint Economic Committee meeting

    TERHAN- The 15th Joint Economic Committee meeting between Iran and Armenia inaugurated in the Armenian capital on Tuesday, IRNA reported.

  •  Iran Mercantile Exchange (IME) 2018-02-27 19:49

    IME plans to start trading iron ore pellet, concentrate

    TEHRAN- Iran Mercantile Exchange (IME) plans to start trading domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad announced.

  • Russia 2018-02-26 19:37

    Iranian trade delegation to embark for Russia in early March

    TERHAN- A delegation from Iran-Russia Joint Chamber of Commerce will make a visit to Russia on March 4 and 5, 2018, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

  • Iran, Kyrgyzstan 2018-02-26 19:36

    Iran, Kyrgyzstan ink MOU for co-op in free trade, economic zones

    TEHRAN- Iran’s Chabahar Free Trade Zone Organization and the Kyrgyz Republic’s Bishkek Free Economic Zone signed a memorandum of understanding (MOU) in Tehran for cooperation on transit, transportation, logistics and tourism areas.

  • Mohsen Salehinia 2018-02-26 19:36

    By Mahnaz Abdi

    Industrial units establishment permits up 19% in 10 months yr/yr

    TEHRAN- The number of permits for establishing industrial units rose 19 percent in the first ten months of the current Iranian calendar year (March 21, 2017-January 20, 2018) from the same period of time in the past year, according to Deputy Industry Minister Mohsen Salehinia.

  • southeastern Makran shores 2018-02-25 19:56

    Iran promoting investment opportunities in southeastern Makran shores

    TEHRAN - The 2nd International Summit for Presenting Investment Opportunities in Makran Shores (in southeastern Iran) commenced on Sunday at Milad Tower Conference Hall in Tehran.

  • South Pars 2018-02-25 19:55

    Flare stack of SP phase 14 platform lights

    TEHRAN- Flare stack of the first platform of Iran’s South Pars gas field’s phase 14 of development was lighted on Saturday.

  • Spain-Iran 2018-02-25 19:55

    Iran, Spain explore industrial co-op in Tehran

    TEHRAN- In a meeting between officials from Iran’s Industrial Development and Renovation Organization (IDRO), Spanish Chamber of Commerce, and Confederation of Employers and Industries of Spain in Tehran the two sides investigated mutual cooperation between Iranian and Spanish industries, the website of IDRO reported on Sunday.

  • Sea Expo 2018 2018-02-24 19:16

    Sea Expo 2018 kicks off in southern Iran

    TEHRAN – Iran’s 5th International Maritime Organizations Exhibition (Iran Sea Expo 2018) kicked off at the permanent exhibitions center of southern port city of Bandar Abbas on Saturday.

  • IP week 2018-02-24 19:15

    Iranian oil, gas sector’s investment opportunities presented in IP Week 2018

    TEHRAN- Investment potentials in Iran’s oil and gas sector was presented in the International Petroleum (IP) Week 2018, which was held in London from February 20 to 22.

  • IRENEX 2018-02-24 19:14

    50 new products traded at IRENEX since Mar. 2017

    TEHRAN- As of the beginning of the present Iranian calendar Year (March 21, 2017), 50 new products have been traded in Iran Energy Exchange (IRENEX), IRIB news quoted the CEO of IRENEX as saying on Saturday.

  • private sector 2018-02-24 08:46

    3,000 semi-finished projects ready to be transferred

    TEHRAN- Some 3,000 semi-finished governmental projects are ready to be offered to the private sector, an official announced.

  • nonoil-trade 2018-02-23 19:13

    Non-oil trade up 12% in 10 months yr/yr

    TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $80 billion during the 10-month period of the current Iranian calendar year ended on January 20, up 12 percent from the same period last year.

  • صحن مجلس 2018-02-23 19:12

    Majlis approves next year’s $268b budget bill

    TEHRAN – The Iranian parliament (Majlis) on Thursday approved a 12.175-quadrillion-rial (about $268 billion) national budget bill for the next Iranian calendar year, starting March 21, IRNA reported.

  • SCI 2018-02-21 19:19

    Inflation rate stands at 8.3%: statistical center

    TEHRAN- The Statistical Center of Iran announced that the inflation rate for the 12-month period ended on the last day of the eleventh Iranian calendar month Bahman (February 19) compared to the same period in the previous year hit 8.3 percent.

  • South Pars gas field 2018-02-21 19:18

    First train of SP phases 22-24 sweetening refinery comes online

    TEHRAN- The first train of sweetening refinery of phases 22, 23 and 24 of Iran’s South Pars gas field was put into operation and the phases are ready to receive sour gas, according to the operator of the phases.

  • Habibollah Bitaraf 2018-02-21 19:13

    Total to maximize Iranian share in South Pars project

    TEHRAN – Total has created a comprehensive database of Iranian contractors and equipment manufacturers to maximize the use of Iranian capacities in the development of phase 11 of Iran’s South Pars gas field, Shana reported on Wednesday quoting an oil official.

  • TEDPIX 2018-02-20 21:18

    Stock market index sinks 669 points in a month

    TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) lost 669 points, or 0.7 percent, to 98,148 in the tenth Iranian calendar month Bahman (January 21-February 19), Tasnim news agency reported on Tuesday.

  • International Exhibition of Renewable Energy and Energy 2018-02-20 18:55

    Intl. renewable energy exhibition to kick off on Feb. 21

    TEHRAN – Tehran is going to be hosting the 10th International Exhibition of Renewable Energy and Energy Saving on February 21-24, ISNA reported.

  • Transit 2018-02-20 18:54

    Iran’s 10-month transit income up 20% on year

    TEHRAN- Iran’s income from transit of goods increased 20 percent in the ten-month period ended on January 20, 2018, compared to the same period of time in the past year, according to an official at Trade Promotion Organization (TPO).

  • Permanent expo of Iranian products to be inaugurated in Almaty 2018-02-18 20:13

    Permanent expo of Iranian products to be inaugurated in Almaty

    TEHRAN- A permanent exhibition and trade center for Iranian products is due to be inaugurated in Kazakhstan’s Almaty, the portal of Iran’s Trade Promotion Organization (TPO) announced.

  • Iran’s oil industry 2018-02-18 20:12

    By Ebrahim Fallahi

    West Karoun: fields with promise for Iran’s oil industry

    In the last few years, especially after the implementation of the nuclear deal (known as the Joint Comprehensive Plan of Actions or JCPOA), Iran’s oil industry has been strongly focused on developing joint oil and gas fields, aiming to increase the seven-percent share of such fields in the country’s oil production.

  • Iran and EU flag 2018-02-17 19:54

    Trade between Iran, EU grows 53% in 2017

    TEHRAN- Iran-European Union trade in 2017 increased by 53 percent in comparison with the year before, according to European Union’s statistics agency Eurostat.

  • Iran-India 2018-02-17 19:52

    Agreements signed to boost economic, agricultural, development co-op

    TEHRAN- Iran and India inked several cooperation agreements on economy, agriculture, and development in New Delhi and in the presence of Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi on Saturday, Iranian presidential website reported.

  • Shares 2018-02-17 19:50

    Over $146m of state-owned shares divested since last Mar.

    TERHRAN- Iranian Privatization Organization (IPO) has transferred 6.849 trillion rials (about $146.06 million) worth of the state-run shares to the private sector since the beginning of the current Iranian calendar year (March 21, 2017), Tasnim news agency reported on Saturday.