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  • Nikolay Galushin 2018-07-04 18:18

    Tehran, Moscow sign insurance MOU

    TEHRAN- In a meeting between Head of the Central Insurance of Iran Abdolnasser Hemmati and Russian National Reinsurance Chief Nikolay Galushin the two sides inked an insurance MOU in Tehran on Wednesday, IRNA reported.

  • petchem 2018-07-04 18:18

    Petrochemicals account for 26% of Iran’s non-oil exports

    TEHRAN – Petrochemical products account for 26 percent of Iran’s current non-oil exports, IRNA reported on Wednesday quoting an industry official.

  • industrial parks 2018-07-04 18:18

    Over $163m spent on constructing industrial parks

    TEHRAN – Iran expended 7 trillion rials (about $163.93 million) for 19 under-construction industrial parks across the country in the last Iranian calendar year (ended on March 20), IRNA reported on Wednesday quoting an industry official.

  • PENEX 2018-07-04 18:18

    Tehran hosting intl. stationery, engineering expo

    TEHRAN – Iran’s capital is hosting the fifth edition of the country’s International Exhibition of Stationery and Engineering (Iran PENEX 2018) at Shahr-e-Aftab International Exhibition Center.

  • Seif 2018-07-04 18:18

    Secondary forex market starts operation

    TEHRAN- Governor of the Central Bank of Iran (CBI) Valiollah Seif announced about official inauguration of secondary foreign exchange market on Wednesday, IRNA quoted him as saying on the sidelines of the cabinet meeting.

  • Austria 2018-07-03 18:17

    Iran-Austria Joint Economic Committee meeting to kick off today

    TEHRAN- The 9th meeting of Iran-Austria Joint Economic Committee will be held in Austria on Wednesday in the presence of Iranian President Hassan Rouhani, a delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and representatives from 88 Iranian companies and organizations, IRIB reported on Tuesday.

  • Non-oil exports 2018-07-03 18:17

    Non-oil exports up 15.5% in a quarter on year

    TEHRAN- Iran exported $11.618 billion of non-oil products during the three-month period from March 21 to June 21, with 15.5 percent rise from $10.052 billion in the same time span of the past year, according to Islamic Republic of Iran Customs Administration (IRICA).

  • Iran-Iraq 2018-07-03 18:17

    Iraq main export market of Iranian non-oil goods in 3 months

    TEHRAN – The value of Iran’s non-oil exports to Iraq rose by 13 percent in the first three months of the current Iranian calendar year (March 21-June 21, 2018), Iran's commercial attaché in Iraq Naser Behzad was quoted by IRIB on Tuesday.

  • Iran-railway 2018-07-03 18:16

    Russia to finance €1.2b railway project in Iran

    TEHRAN- The €1.2-billion project for electrification of Garmsar–Incheboron railway in Iran was officially inaugurated on Monday, IRIB reported.

  •  oil, gas condensate 2018-07-03 09:23

    Iran exports over 2.61m bpd of oil, gas condensate in June

    TEHRAN- Iran exported over 2.61 million barrels per day (bpd) of oil and gas condensate in June, Shana news agency reported on Monday.

  • Privatization 2018-07-03 09:15

    $24.4m of state-run shares divested since March 21

    TEHRAN- Iranian Privatization Organization (IPO) has offered 1.02 trillion rials (about $24.4 million) of state-run shares to the private sector since the beginning of the present Iranian calendar year 1397 (March 21, 2018), IRIB reported on Monday.

  • GDP 2018-07-03 09:13

    Annual non-oil GDP growth at 4.3%

    TEHRAN- Iran's growth of non-oil gross domestic product (GDP) hit 4.3 percent in the previous Iranian calendar year 1396 (ended on March 20, 2018), Statistical Center of Iran (SCI) reported.

  • Foruod Asgari 2018-07-02 10:13

    Iranian, S. Korean customs officials discuss co-op

    TEHRAN- Heads of Islamic Republic of Iran Customs Administration (IRICA) and Korea Customs Service conferred on mutual business collaboration and removal of trade barriers on the sidelines of Annual World Customs Organization (WCO) meeting in the Belgian capital on Saturday, IRIB news reported.

  • Cerafair 2018 2018-07-02 10:12

    Cerafair 2018 to kick off next Tuesday

    TEHRAN- The 25th international exhibition of ceramic industry of Iran (Cerafair 2017) will be held from July 10 to 19 at the Tehran International Permanent Fairgrounds, IRIB reported.

  • Jahangiri 2018-07-01 22:10

    Iran set to let private sector to export oil to confront U.S. sanctions

    TEHRAN - In a move to beat U.S. sanctions, Iran will let private companies to export crude oil, First Vice President Eshaq Jahangiri announced on Sunday.

  • زنگنه 2018-07-01 19:00

    Unilateral production rise would breach OPEC’s deal: Zanganeh

    TEHRAN- Any unilateral measure to boost oil output above OPEC's current limits would breach the producer group's recent deal, Iranian Oil Minister Bijan Zanganeh said Saturday in a letter to OPEC President Suhail Mohamed Al Mazrouei.

  • Iran Compressor 2018 2018-06-30 18:54

    Tehran to host Iran Compressor 2018 conference

    TEHRAN- The second edition of Iran Compressor Conference (ICC) is to be held at Research Institute of Petroleum Industry in Tehran on July 17-18, IRIB reported on Saturday.

  • WCO 2018-06-30 18:54

    Iran now policy commission member at WCO

    TEHRAN- Iran is accepted as a member of World Customs Organization (WCO) Policy Commission regarding the vote of the international body members at the ongoing 132nd WCO meeting in Brussels, IRNA reported on Saturday.

  • Shariatmadari 2018-06-30 18:54

    By Mahnaz Abdi

    Lower end price main target in production: industry min.

    “Our main target in the field of production is reducing the end price of products in the current year, which is the year of Support for Iranian Products”, Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari announced in a press conference on Saturday.

  • Renewables 2018-06-30 09:17

    Iran’s capacity of generating electricity from renewables hits 581MW

    TEHRAN- The capacity of generating electricity from renewable resources has reached 581 megawatts (MW) in Iran, ILNA reported on Friday.

  • Mustafa Oveisi 2018-06-30 09:15

    Iran, Belarus discuss transportation co-op

    TEHRAN- Iran’s Ambassador to Belarus Mustafa Oveisi and Belarusian Minister of Transport and Communications Anatoli Siwak discussed development of transportation ties in Minsk, IRNA reported on Friday.

  • Agrofood 2018 2018-06-29 18:28

    460 foreign companies attending Agrofood 2018

    TEHRAN- The 25th International Exhibition of Food, Food Technology and Agriculture of Iran (Agrofood 2018) became operational on Friday with participation of 460 foreign and 760 domestic companies at the Tehran Permanent International Fairgrounds, IRIB reported.

  • Asian customers 2018-06-29 18:28

    Iran’s oil exports to Asia hit 8-month high

    TEHRAN-Iran’s exports of crude oil to major Asian customers in May rose to the highest in eight months, government and ship-tracking data showed.

  • Rouhani 2018-06-29 18:28

    Rouhani inaugurates major gasoline production unit

    TEHRAN – The second phase of Iran’s Persian Gulf Star Refinery (PGSR), which was inaugurated by President Hassan Rouhani on Thursday, adds 12 million liters of Euro-5 quality gasoline to the country’s total output of the product.

  • CBI 2018-06-28 11:59

    Inflation rate at 9.4%: CBI

    TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate in the twelve-month period ended on the last day of the third Iranian calendar month of Khordad (June 21) stood at 9.4 percent, IRNA reported.

  • PGSR 2018-06-28 11:58

    Persian Gulf Star Refinery’s 2nd phase to come online today

    TEHRAN – The second phase of Iran’s Persian Gulf Star Refinery (PGSR), which is hailed as the Middle East’s largest gas condensate processing complex, is going to be inaugurated officially today, Tasnim news agency reported.

  • Steel 2018-06-28 11:53

    Iran’s 5-month crude steel output up 24% yr/yr: WSA

    TEHRAN- Production of crude steel in Iran stood at 10.142 million tons during the first five months of 2018, indicating 24.3 percent rise from 8.162 million tons in the same period of time in 2017, according to World Steel Association (WSA).

  • Japan-Korea 2018-06-28 11:50

    Japan, S.Korea seeking waivers from U.S. sanctions on Iran’s oil

    TEHRAN – As Iran’s two major oil buyers, Japan and South Korea are in talks with the U.S. in order to get waivers over U.S. sanctions on Iran for buying crude oil from the country.

  • Jamshid Khodjaev 2018-06-28 11:44

    Iran, Uzbekistan to improve energy, modern industries co-op

    TEHRAN- In a meeting between Uzbekistan Foreign Trade Minister Jamshid Khodjaev and Iranian Deputy Industry Minister Mansour Moazzami in Tehran, the two sides underscored the vitality of developing mutual ties in energy and modern industries sector, the portal of Iran’s Industrial Development and Renovation Organization (IDRO) reported on Tuesday.

  • Iran’s oil 2018-06-27 20:42

    ‘Cutting Iran’s oil from market by Nov. impossible’

    TEHRAN- Eliminating Iran’s oil from the global market by November as demanded by the U.S. is impossible, an Iranian oil official told Tasnim news agency on Wednesday.