View All
  • oil price 2018-04-28 18:28

    Iran’s light crude oil price near $70, highest in 2018

    TEHRAN- Iran’s light crude oil price rose $1.68 in the week ended on April 20 to reach its highest record in 2018.

  • Iran-Europe banking, business forum 2018-04-28 18:27

    Tehran hosting Iran-Europe banking, business forum

    TEHRAN- The sixth edition of Iran-Europe banking and business forum kicked off on Saturday morning in the presence of Iranian and European high-ranking banking officials at Tehran’s Espinas Palace Hotel, IRIB news reported.

  • ICCIMA-TPO 2018-04-27 17:41

    ICCIMA Dispute Resolution Center to judge traders’ debates

    TEHRAN- According to an agreement signed between Trade Promotion Organization of Iran (TPO) and Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), ICCIMA Dispute Resolution Center is assigned to judge domestic and international debates among traders and entrepreneurs, the portal of ICCIMA reported.

  • Iran-Macedonia 2018-04-27 17:41

    Iran, Macedonia explore avenues of economic co-op

    TEHRAN – Iran and Macedonia explored ways of expanding mutual economic cooperation in a business forum which was held in the Balkan nation’s capital city of Skopje on Thursday.

  • Aircrafts 2018-04-27 17:40

    Iranian airliners sign MOUs to buy 40 superjets from Russia’s Sukhoi

    TEHRAN- Two Iranian airliners, Iran Airtour and Aseman Airlines, signed memorandums of understandings with Russian aircraft manufacturer Sukhoi on the purchase of 40 aircrafts from the Russian company.

  • Albania 2018-04-25 20:18

    Albania keen on boosting economic ties with Iran

    TEHRAN-Albanian Deputy Foreign Minister Etjen Xhafaj expressed his country’s tendency for expansion of trade ties with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

  • Hamidreza Araqi 2018-04-25 20:18

    Annual gas output to hit 250bcm by next March

    TEHRAN- Iran’s annual gas export is planned to reach 250 billion cubic meters (bcm) by the end of current Iranian calendar year (March 20, 2019), according to National Iranian Gas Company (NIGC) Managing Director Hamidreza Araqi.

  • .Iran-China 2018-04-25 19:06

    Iran, China ink MOU on establishing petrochemical park in Iran

    TEHRAN – Iran’s National Petrochemical Company (NPC) and China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MOU) for strategic cooperation, ILNA news agency reported.

  • NIMA 2018-04-24 21:14

    Iran's central bank unveils online forex system

    TEHRAN- The Central Bank of Iran (CBI) launched its Forex Management Integrated System, locally known as NIMA, in a bid to address the country's currency needs, boost transparency, create competitiveness among exchange shops and a secure environment for traders, IRNA reported on Tuesday.

  • Iran intl. aluminum conference and exhibition (IAC 2018) 2018-04-24 21:13

    IAC 2018 to host 12 countries in Tehran

    TEHRAN- Companies from 12 countries are attending the fifth edition of Iran intl. aluminum conference and exhibition (IAC 2018) which kicked off in Tehran on Tuesday, IRIB news reported.

  • PMO 2018-04-24 20:36

    By Mahnaz Abdi

    PMO supporting private sector in ports development

    In a bid to bolster its foreign trade and also elevate its transit status, Iran has some projects underway to develop its ports which are located in north and south of the country.

  • Bitcoin 2018-04-23 20:39

    CBI bans use of cryptocurrencies

    TEHRAN- The Central Bank of Iran (CBI) officially banned the use of cryptocurrencies, such as bitcoin, in financial transactions.

  • Rise 2018-04-23 20:38

    By Mahnaz Abdi

    Iranian chambers of commerce stimulating entrepreneurship throughout country

    Entrepreneurship has come under the spotlight in many countries over the past decades and it has prompted the governments to adopt some new policies for promotion of entrepreneurship in their societies.

  • zanganeh 2018-04-23 19:52

    Iran won’t award South Pars oil layer development to Total: Zanganeh

    TEHRAN – Oil Minister Bijan Namdar Zanganeh said Iran is not going to hand over the development of South Pars oil layer to Total since the French oil giant has taken over Danish Maersk's oil division with which Iran was negotiating the project.

  • CI 2018-04-22 19:55

    Capital Intelligence Corporate to establish office in Iran

    TEHRAN- Capital Intelligence Corporate (CI Ratings) intends to establish its office in Iran, the portal of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) quoted one of the corporate’s senior directors as saying.

  • PGSR 2018-04-22 19:55

    By Ebrahim Fallahi

    Less than a month to Persian Gulf Star Refinery’s 2nd phase inauguration

    Bandar Abbas – The managing director of National Iranian Oil Products Distribution Company (NIOPDC) said the second phase of Persian Gulf Star Refinery (PGSR), which is hailed as the Middle East’s largest gas condensate processing complex, is due be inaugurated officially in less than a month.

  • SP phase 14 2018-04-22 19:54

    SP phase 14 first platform to start operation in a month

    TEHRAN- The first platform of phase 14 of developing South Pars gas field (Iran shares with Qatar in the Persian Gulf) will start operation by the end of current Iranian calendar year (May 21), according to the operator of the phase.

  • ORG 2018-04-22 19:53

    ORG’s studies on Caspian Sea oil, gas reserves promising: NIOC

    TEHRAN- Norway's ORG Company’s result of studies on four blocks in the Caspian Sea is promising for extraction of oil and gas reserves, according to Gholamreza Manouchehri, the deputy for development and engineering at the National Iranian Oil Company (NIOC).

  • exports 2018-04-21 20:08

    $8b increase in mining, petrochemical exports predicted

    TEHRAN- Head of Iran’s Trade Promotion Organization (TPO) predicted that regarding the created capacities, Iran’s exports from mining and petrochemical sectors will witness rises of $1.5 billion and $6.5 billion respectively by the end of the current Iranian calendar year (March 20, 2019).

  • carmakers 2018-04-21 20:05

    Annual car manufacturing up 13.7%

    TEHRAN- Iranian carmakers manufactured over 1.535 vehicles during the past Iranian calendar year 1396 (ended on March 20), with 13.7 percent rise from the figure of its preceding year, Industry Ministry has announced.

  • dollar 2018-04-21 19:45

    By Haniyeh Sadat Jafariyeh

    Currency rate policies & foreign trade

    Iranian government, as top officials have announced, is on the process of renovating its foreign currency system via managing domestic foreign currency market, reigning the currency rates, improving cooperation with exchange shops, and reinforcing exports.

  • Iran-Spain 2018-04-20 19:46

    First Iran-Spain joint oil, gas task force due in early-May

    TEHRAN – Iran and Spain are due to establish their first ever oil and gas task force on the sidelines of the 23rd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2018) on May 7.

  • LPG 2018-04-20 19:43

    Iran seeking new LPG customers

    TEHRAN- Iran is seeking new target markets for the export of its liquefied petroleum gas (LPG), according to Iranian Gas Commercial Company (IGCC) Managing Director Mohammad-Ali Barati.

  • Riyal Curreccy 2018-04-20 19:37

    By Mahnaz Abdi

    Tehran, Ankara moving to dump dollar in trade

    Iran’s financial system has intensified its efforts to establish ties with a number of countries based on the national currencies, as the U.S. sanctions against the country have complicated transactions in dollars.

  • Dollar 2018-04-18 18:36

    Iran replaces dollar with euro in financial reporting

    TEHRAN- The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements, IRNA reported.

  • International Monetary Fund (IMF) 2018-04-18 18:35

    IMF sees Iran’s GDP growth at 4% in 2018

    TEHRAN - The International Monetary Fund (IMF) in its latest World Economic Outlook titled “Cyclical Upswing, Structural Change” predicted a four-percent real gross domestic product (GDP) growth for Iran in 2018, down 0.3 percent from 4.3 percent in 2017.

  • Rastad 2018-04-18 18:34

    By Mahnaz Abdi

    PMO to reduce port, maritime tariffs noticeably in current year

    TEHRAN- Iran’s Ports and Maritime Organization (PMO) will reduce tariffs on maritime and port activities significantly in the current Iranian calendar year (begins on March 21), the organization’s managing director, Mohammad Rastad, announced in a press conference on Wednesday.

  • Mining sector exports 2018-04-17 20:20

    Mining sector exports $9b in a year

    TEHRAN- Iranian Deputy Industry Minister Mehdi Karbasian announced that during the past Iranian calendar Year 1396 (ended March 20, 2018) exports of domestic mining sector stood at $9 billion, IRNA reported.

  • Industrial-permits 2018-04-17 20:13

    Noticeable rise in establishment, exploration, operation permits issuance

    TEHRAN – The number of establishment, exploration and operation permits issued during the last Iranian calendar year (March 2017- March 2018) increased significantly compared to its preceding year, the Iranian Ministry of Industry, Mining and Trade’s news portal (Shata) reported on Monday.

  •  freeways 2018-04-16 21:29

    1,100 kilometers of freeways inaugurated in a year

    TEHRAN- About 1,100 kilometers of freeways were inaugurated in Iran during the pat Iranian calendar year (ended on March 20), according to Kheirollah Khademi, the managing director of Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC).