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  • Monthly car imports 2018-04-23 07:22

    Monthly car imports down 77% yr/yr

    TEHRAN- The value of Iran’s car imports during the first Iranian calendar month Farvardin (March 21-April 20) fell 77 percent compared to the same month of the past year, IRNA reported on Sunday citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).

  • Petchem 2018-04-23 05:34

    Annual petchem exports exceed $12b

    TEHRAN- Iran exported over 22.41 million tons of petrochemical products worth more than $12 billion in the past Iranian calendar year (ended on March 20), IRIB news reported citing the data released by National Petrochemical Company (NPC).

  • Statistical Center of Iran 2018-04-23 04:20

    Inflation rate stands at 8.1%: statistical center

    TEHRAN- The Statistical Center of Iran announced that the inflation rate in the first Iranian calendar month Farvardin (March 21-April 20) stood at 8.1 percent.

  • 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).

  • production unit 2018-04-22 05:46

    Industrial parks export up to $2.2b of goods in a year

    TEHRAN- Production units in indusial parks exported $2.18 billion of goods during the last Iranian calendar year (ended March 20, 2018), IRNA quoted Iranian deputy industry minister as saying on Saturday.

  •  power plants 2018-04-22 02:18

    Supplying gas to 3 remaining power plants to be expedited

    TEHRAN- In a meeting with the senior officials on Saturday, Iranian President Hassan Rouhani called on Oil Minister Bijan Namdar Zanganeh to expedite the trend of gas supplying to the country’s power plants.

  • 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.

  • Moazzami 2018-04-21 08:56

    IDRO to create 30,000 jobs in 4 years

    TEHRAN- Head of Iran’s Industrial Development and Renovation Organization (IDRO) announced that within the next four years the organization will create 30,000 jobs using 500 trillion rials (about $11.9 billion) of investments, Shata news reported on Friday.

  • IGTF-2018 2018-04-21 07:06

    IGTF 2018 hosting 43 foreign companies in Tehran

    TEHRAN – The third edition of Iran’s international horticulture trade fair also known as Iran Green Trade Fair (IGTF 2018) kicked off at the Tehran Permanent International Fairgrounds on Thursday.

  • 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.

  • 2018-04-19 09:06

    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.

  • 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.

  • Industrial projetcs 2018-04-18 18:35

    Direct foreign investments running 88 industrial projects

    TEHRAN- Iranian industry, mining and trade minister announced that 88 industrial projects are being implemented in Iran using foreign direct investments, IRNA reported on Wednesday.

  • Iran, Russia 2018-04-18 18:35

    Iran, Russia mulling over renewal of oil-for-good pact

    TEHRAN – Iran and Russia are negotiating the extension of the agreement on oil supplies to Russia under the oil-for-goods program for five years, Tass reported quoting Russia’s oil minister as saying on Tuesday.

  • 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.

  • pipe 2018-04-18 18:34

    Over 1,000km of gas supply pipeline to become operational by next Mar.

    TEHRAN- Over 1,000 kilometers of gas supplying pipeline will become operational by the end of current Iranian calendar year (March 20, 2019), according to a gas official.

  • 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.

  • Jobs 2018-04-18 04:21

    Over 790,000 jobs created in a year

    TEHRAN- The Statistical Center of Iran announced that 790,561 jobs have been created in the country during the past Iranian calendar year (ended on March 20).

  • Agriculture 2018-04-18 03:20

    Annual agricultural products, foodstuff exports up 4%

    TEHRAN- The value of agricultural products and foodstuff exports from Iran rose four percent in the past Iranian calendar year (ended on March 20), Kaveh Zargaran, the secretary general of Federation of Iranian Food Associations, announced, citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).

  • 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.

  • Transit of goods 2018-04-17 08:22

    Transit of goods via Iran up 24% in a year

    TEHRAN- Transit of goods through Iran rose 24 percent in the past Iranian calendar year, which ended on March 20, according to Islamic Republic of Iran Customs Administration (IRICA).

  • oil 2018-04-17 06:50

    Iran ships 2.1m bpd of oil to global markets in March

    TEHRAN – Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing the oil ministry.