View All
  • Farzad B 2018-02-12 20:43

    Iran, India to discuss development of Farzad B gas field this week

    TEHRAN- India’s contribution to the development of Iran’s Farzad B gas field in the Persian Gulf is among the issues to be discussed between the two countries during the trip of Iranian President Hassan Rouhani to India this week, according to the Indian media.

  • agricultural sector 2018-02-11 17:49

    Annual growth in agricultural sector projected to hit 3.8%

    TEHRAN- According to the predictions made by Iranian Agriculture Ministry and the Central Bank of Iran (CBI), domestic agriculture sector’s value added by the end of the current Iranian calendar year 1396 (March 20, 2018), according to the fixed prices of the base year 1390 (ended on March 19, 2012), is planned to reach 450 trillion rials (about $9.5 billion), showing 3.8 percent annual growth.

  • CBI 2018-02-11 17:48

    CBI opens 5 new foreign bank accounts

    TEHRAN- Central Bank of Iran (CBI) has opened accounts in five new foreign banks in different countries in the recent months, IRNA reported.

  • liquefied petroleum gas 2018-02-11 17:48

    Iran’s January LPG export highest since sanctions removal

    TEHRAN- Iran’s export of liquefied petroleum gas (LPG) in January 2018 hit the highest amount since removal of the West-led sanctions against the country in January 2016, according to the data released by shipping sources in last week.

  • Saffron 2018-02-09 18:02

    Saffron exports increase 33% in 10 months

    TEHRAN- Iran’s exports of saffron increased 33 percent during the ten months ended on January 20, 2018, vice chairman of Iran’s Saffron National Council told Mehr news agency on Friday.

  • gas exports 2018-02-09 18:02

    Starting gas export to Oman not in next year

    TEHRAN- Iran’s gas export to Oman will not start in the next Iranian calendar year (beginning on March 21, 2018), National Iranian Oil Company (NIOC) Managing Director Ali Kardor announced.

  • Joffrey Celestin-Urbain 2018-02-09 18:01

    France spurs its companies to Iran business despite JCPOA limbo

    TEHRAN- France encourages its companies to keep doing business in Iran in spite of objections raised by U.S. President Donald Trump over the landmark 2015 nuclear deal- known as the joint comprehensive plan of action (JCPOA), director of bilateral relations at the French Finance Ministry told a Euromoney Iran conference on Thursday.

  • industrial 2018-02-08 13:43

    Above 4,600 industrial projects inaugurated in Iran during 10 months

    TEHRAN- During the ten-month period ended on January 20, 2018, some 4,616 industrial projects have been inaugurated in Iran, IRNA quoted the deputy industry minister on Wednesday.

  • Cars 2018-02-07 19:44

    4 new cars co-produced with foreign companies to enter Iran’s market

    TEHRAN – In collaboration with foreign companies, Iranian carmakers are going to introduce four new passenger car models into the country’s market during the next Iranian calendar year (March 21, 2018- March 20, 2019), according to an industry official.

  • Farzaneh Sharafbafi 2018-02-07 19:43

    Iran Air to receive 14 new planes in a year starting from March

    TEHRAN- Iran’s flag carrier Iran Air will add at least 14 new airplanes to its fleet in the next Iranian calendar year (which starts on March 21), according to the company’s CEO.

  • Euromoney 2018-02-07 19:41

    Paris to host Euromoney Iran Conference

    TEHRAN – Co-hosted by Central Bank of Iran (CBI), the second round of Euromoney Iran Conference will kick off in the France’s capital on Thursday, IRNA reported.

  • Cars 2018-02-06 18:56

    Car production planned to grow 23-fold by 2026

    TEHRAN- Iran plans to raise its car manufacturing capacity to 30 million units per annum by the end of Iranian calendar year 1404 (March 2026) from currently 1.3 million.

  • Masoud Karbasian 2018-02-06 18:55

    $12b foreign investments attracted since Mar. 2017

    TEHRAN- Iran could manage to attract $12 billion of foreign investments since the beginning of the current Iranian calendar year (March 21, 2017), Iranian Finance Minister Masoud Karbasian told reporters on Tuesday.

  • Iran-Norway 2018-02-06 18:54

    Norwegian companies eager for co-op with Iranian counterparts: envoy

    TEHRAN – Norway’s ambassador in Tehran said renowned Norwegian companies active in different areas are interested in cooperation with Iranian counterparts.

  • Hamidreza Araqi 2018-02-05 18:12

    By Mahnaz Abdi

    Iran to become gas technical–engineering services exporter

    TEHRAN- Iran is planning to become an exporter of technical and engineering services in gas sector, National Iranian Gas Company (NIGC) Managing Director Hamidreza Araqi announced.

  • TCCIMA 2018-02-05 18:09

    TCCIMA inaugurates House of Economic Unions

    TEHRAN- In a ceremony on Monday, Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) inaugurated House of Economic Unions in a bid for creating more unity among members of the chamber and investigating their claims.

  • Iran-transit 2018-02-05 18:09

    Transit of goods via Iran rises 20% in 10 months

    TEHRAN- Transit of goods through Iran rose 20 percent during the first 10 months of the current Iranian calendar year (March 21, 2017-January 20, 2018) compared to the same period of time in the past year.

  • Electricity 2018-02-04 20:04

    Over 5,000 electricity projects to come on stream by next week

    TEHRAN- Some 5,317 electricity projects are scheduled to be inaugurated in the country on the occasion of Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), Energy Minister Reza Ardakanian announced.

  • Armenia 2018-02-04 20:03

    Iran, Armenia sign gas-for-power deal, open radiotherapy center

    TEHRAN- During two separate events, Iran and Armenia signed a gas for power transfer deal and inaugurated a radiotherapy center in an Armenian hospital, IRNA reported on Sunday.

  • Zanganeh 2018-02-04 20:03

    By Ebrahim Fallahi

    Iran able to rise oil output, complies with OPEC pact

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said although Iran is able to increase its crude oil output by 100,000 barrels per day in less than few days but complying with OPEC, non-OPEC pact the country will keep the output at the agreed levels.

  • Agriculture projects 2018-02-03 20:02

    Agriculture projects worth $1.2b to become operational

    TEHRAN – Some 3,511 new agriculture projects worth 54.4 trillion rials (about $1.2 billion) are scheduled to be inaugurated across the country on the occasion of the victory of Islamic Revolution (on February 1-11), ILNA reported on Saturday.

  • finance 2018-02-03 20:01

    Parliament permits $30b of foreign finance facilities as of Mar. 21

    TEHRAN- According to Iranian Parliament’s latest approval, the government will be allowed to use up to $30 billion of finance facilities during the next Iranian calendar year (starting March 21, 2018), ILNA reported.

  • IPO 2018-02-03 20:01

    By Mahnaz Abdi

    Companies management should be revised in privatization

    Downsizing the government has been an economic agenda of the countries with a centrally planned economy in the recent century. 

  • Turkey 2018-02-02 21:36

    Turkey’s imports from Iran rise 59% in 2017

    TEHRAN- Increasing 59 percent, Iran’s exports to Turkey hit $7.49 billion in 2017, according to the latest report of Turkish Statistical Institute (TurkStat).

  • reserves 2018-02-02 21:35

    Iran holds 3b tons of Iron ore reserves: industry official

    TEHRAN – Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) put the country's iron ore reserves at 3 billion tons, IRIB news reported.

  • development-projects 2018-02-02 20:42

    Iran inaugurates development projects worth over $2.2b

    TEHRAN – Several development projects worth near 100 trillion rials (over $2.2 billion) were inaugurated during the trip of President Hassan Rouhani to Kerman Province in southeast of Iran on Thursday.

  •  budget bill outlines 2018-01-31 18:02

    Iranian parliament approves budget bill outlines

    TEHRAN- After approving the outlines of the government’s proposed budget for the next Iranian calendar year (starting on March 21, 2018) Iranian Parliament (Majlis) started investigating the bill in detail on Wednesday, IRNA reported.

  • Mir Ali Pouri-Hosseini 2018-01-31 18:02

    State-owned shares worth over $110m to be divested by late March

    TEHRAN- Transfer of the state-run shares to the private sector during the two-month period ending on the last day of current Iranian calendar year (March 20, 2018) will reach 5 trillion rials (about $110.37 million), according to the head of Iranian Privatization Organization (IPO).

  • Solar farm 2018-01-31 18:02

    Iran plans to add 1GW solar, wind capacity to current 400MW in a year

    TEHRAN – Iranian deputy energy minister put the country’s current solar and wind farms capacity at 400 megawatts (MW) saying that the figure will increase to 1.4 gigawatts (GW) in the next Iranian calendar year (March 2018-March 2019).

  • Chris Cook 2018-01-31 12:22

    By Chris Cook

    EnergyCoin – smart subsidy

    A wise person once said: “You don't know what you've got until it's gone”. But the extraordinary scenes on Sunday in the Majlis in respect of Iran's budget due to the subsidy question reminded me of the converse saying: “You don't know what you haven't got until you see it”.