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  • Exchange shops 2018-08-09 10:01

    Forex shops resume operation

    TEHRAN- Foreign currency exchange shops officially became operational on Wednesday as part of Central Bank of Iran (CBI)’s new foreign currency package implemented since Tuesday, ISNA reported.

  • Iran-China 2018-08-09 09:58

    China defends Iran business ties after Trump threat

    China’s business ties with Iran are open, transparent and lawful, its foreign ministry said on Wednesday, after U.S. President Donald Trump said companies doing business with Iran would be barred from the United States.

  •  energy supply 2018-08-08 10:09

    Japan objects effect of U.S. sanctions on Iran on its energy supply

    TEHRAN - Japan's Minister of Economy, Trade and Industry Hiroshige Seko said his country’s energy supply should not be affected by U.S. sanctions on Iran, Platts reported.

  •  Mohammad Rastad 2018-08-08 10:06

    PMO offering best incentives for investment in ports

    TEHRAN- Iran’s Ports and Maritime Organization (PMO) Managing Director Mohammad Rastad announced that his organization offers the best incentives to the investors who make investment in development of ports.

  •  energy projects 2018-08-08 09:49

    Over $4.7b of unfinished energy projects to be awarded to private sector

    TEHRAN – Iran’s Energy Ministry is planning to award 52 unfinished water and electricity projects worth 200 trillion rials (over $4.76 billion) to the country’s private sector for completion, IRIB reported on Monday quoting the Energy Minister Reza Ardakanian.

  • Iran, Oman 2018-08-08 09:47

    Trade between Iran, Oman rises 116% in 4 months yr/yr

    TEHRAN- The value of trade between Iran and Oman rose 116 percent during the four-month period from March 21 to July 22, compared to the same period of time in the past year, according to Iran’s commercial attaché to Oman.

  • NDF 2018-08-08 09:46

    12% of NDF resources allocated to shield U.S. sanctions

    TEHRAN- According to the latest decision of the heads of the three branches of government, 12 percent of Iran’s National Development Fund (NDF)’s financial resources will be granted to minimize the impacts of the newly re-imposed U.S. sanctions, IRNA quoted a parliament member as saying on Tuesday.

  • Swiss flag 2018-08-07 21:36

    Swiss expect limited impact from U.S.-Iran sanctions

    The re-introduction of economic sanctions against Iran by the United States is unlikely to have a major impact on Swiss businesses.

  • Alistair Burt 2018-08-07 21:04

    European companies can be protected from U.S. sanctions on Iran: UK minister

    European companies can be protected from new U.S. sanctions on Iran, a junior British foreign minister said on Tuesday.

  • Iran’s petrochemical industry 2018-08-07 10:25

    Asian consortium to invest $7b in Iran’s petrochemical industry

    TEHRAN – Iran’s National Petrochemical Company (NPC) has finalize an agreement with a consortium of companies from China and the Philippines for $7 billion worth of investment in Iran’s petrochemical industry, IRNA reported on Monday quoting an NPC official.

  • Gasoline 2018-08-07 10:09

    Gasoline output rises 50% in 4.5 months yr/yr

    TEHRAN- Gasoline production in Iran has risen 50 percent since the beginning of current Iranian calendar year (March 21) compared to the same period of time in the previous year, according to the managing director of National Iranian Oil Products Distribution Company (NIOPDC).

  • Shares 2018-08-07 10:08

    Over $442m of state-owned shares divested in 4.5 months

    TEHRAN- Iranian Privatization Organization (IPO) has offered 19.473 trillion rials (about $442.5 million) of state-run shares to the private sector since the beginning of the present Iranian calendar year 1397 (March 21), IRIB reported on Monday.

  • Metalex Isafahan 2018 2018-08-07 10:06

    Intl. metallurgy expo running in Isfahan

    TEHRAN – The 10th International Exhibition of Steel, Metallurgy, Foundry, Machinery and Related Industries of Iran (Metalex Isafahan 2018) kicked off at Isfahan International Exhibitions Center in the central city of Isfahan on Monday.

  • Iran Confair 2018 2018-08-07 09:44

    Tehran hosting 900 companies in intl. building expo

    TEHRAN- Hosting 900 Iranian and foreign companies, the 18th edition of Iran’s International Exhibition of Building and Construction Industry (Iran Confair 2018) kicked off in Tehran on Monday.

  • foreign currency package 2018-08-06 20:24

    Details of currency rules unveiled

    TEHRAN – The Central Bank of Iran (CBI)’s new foreign currency package, approved by the Cabinet on Sunday evening, would come into effect on Tuesday, CBI governor announced in a televised interview on Sunday night.

  • TPO 2018-08-06 10:24

    Iran’s TPO to cooperate with ITC on near $8m of joint projects

    TEHRAN – Managers and representatives of International Trade Center (ITC) met with Mojtaba Khosrotaj, the head of Iran’s Trade Promotion Organization (TPO), on Saturday to discuss joint projects.

  • Europe 2018-08-06 10:20

    Non-oil exports to Europe up 11% in 4 months yr/yr

    TEHRAN- The value of Iran’s non-oil exports to European countries during the four-month period from March 21 to July 22 rose 11 percent compared to the same period of time in the previous year, IRNA reported.

  • Wells 2018-08-06 10:08

    Digging operation of 53 oil, gas wells conducted in 4 months

    TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 53 oil and gas wells during the first four months of current Iranian calendar year (March 21-July 22), according to an official with the NIDC.

  • Saffron 2018-08-06 10:03

    Saffron exports rise 56% in a quarter on year

    TEHRAN- Iran exported $76.5 million of saffron during the first quarter of current Iranian calendar year (March 21-June 21) with 56 percent rise from the figure of the same time span in the previous year, Trade Promotion Organization (TPO) announced.

  • ATR 2018-08-05 21:03

    5 new ATR aircrafts land in Tehran

    TEHRAN- Five new ATR-72600 passenger aircrafts landed in Tehran's International Mehrabad Airport on Sunday morning just before renewed U.S. sanctions go into effect, IRNA reported.

  • Pakistan 2018-08-05 09:37

    Tehran, Islamabad may resume negotiations on IP gas project next month

    TEHRAN - Iran and Pakistan may start a new round of talks on how to advance on the IP gas line project in September, The News of Pakistan reported citing a senior official at the country’s Petroleum Division.

  • meshkinfam 2018-08-05 09:34

    South Pars daily gas production to increase 100mcm by March 2019

    TEHRAN- Daily production of gas in Iran’s South Pars gas field (in the Persian Gulf) will be increased by 100 million cubic meters (mcm) by the end of current Iranian calendar year (March 20, 2019), according to the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field.

  • Shariatmadari 2018-08-05 09:31

    2 mining projects worth $60m put into operation in southeastern Iran

    TEHRAN- Two iron ore concentrate production units at the total value of 2.66 trillion rials (about $60.5 million) were inaugurated in the presence of the Iranian Industry Minister Mohammad Shariatmadari in Zarand County in southeastern province of Kerman, Shata news agency reported on Saturday.

  • ATR 2018-08-04 20:56

    Iran Air to receive 5 ATR planes today at Mehrabad

    TEHRAN- Iran’s flag-carrier Iran Air announced on Saturday it was to receive five new planes from Franco-Italian planemaker ATR on Sunday, a day before the renewal of U.S. sanctions.

  • dollar 2018-08-04 20:54

    Iran approves new forex policies

    TEHRAN- The Supreme Council for Economic Coordination reviewed and approved Central Bank of Iran (CBI)’s new general foreign currency policies as well as solutions to accelerate fighting corruption in domestic economy, Fars news agency reported on Saturday.

  • Stock market 2018-08-04 09:33

    Stock market deals value rises 40% in a month

    TEHRAN- The value of deals in Iran’s stock market during the past Iranian calendar month Tir (June 22-July 22) rose 40 percent to stand at 96.86 trillion rials (about $2.176 billion), Tasnim news agency reported.

  • carmakers 2018-08-04 09:32

    Passenger car manufacturing up 4.5% in a quarter on year

    TEHRAN- Passenger car manufacturing in Iran rose 4.5 percent during the three-month period from the beginning of current Iranian calendar year (March 21) compared to the same time span in the past year.

  • NIOPDC 2018-08-04 09:31

    Daily gasoline output to hit record of 95.5m liters in coming days

    TEHRAN- Iran’s daily gasoline production will hit the record of 95.5 million liters in the coming days, director for consolidated planning in National Iranian Oil Products Distribution Company (NIOPDC) announced.

  • Iraq 2018-08-04 09:29

    Iran’s exports to Iraq rise 25% in 4 months yr/yr

    TEHRAN- The value of Iran’s exports to Iraq increased 25 percent during the first four months of the current Iranian calendar year (March 21-July 22) compared to the same period of time in the past year, the secretary general of Iran-Iraq Joint Chamber of Commerce announced.

  • industrial & loading hubs 2018-08-04 09:16

    400km of railways to connect mines, industrial & loading hubs

    TEHRAN- Some 400 kilometers of railways are under construction throughout the country for connecting mines as well as industrial and cargo loading/unloading hubs to the national railway network, according to an official in the Islamic Republic of Iran Railways (known as RAI).