• Tehran, Kuala Lumpur settle on trade using Chinese, Japanese currencies

    Tehran, Kuala Lumpur settle on trade using Chinese, Japanese currencies

    TEHRAN – Iran and Malaysia called for boosting of bilateral trade ties using Japanese yen and Chinese Yuan, Tasnim reported on Saturday.

  • Tehran hosting intl. exhibition of building industry

    Tehran hosting intl. exhibition of building industry

    TEHRAN - Some 82 Iranian and 57 foreign companies from China, Turkey and Pakistan are showcasing their latest products and achievements in the 4th International Exhibition of Building Industry, Façade, Structure, and Innovative Technologies of Iran (IRAN BuildEX).

  • Iran exports 24m barrels of gas condensate in January

    Iran exports 24m barrels of gas condensate in January

    TEHRAN – Iran exported 24 million barrels of gas condensate to European and Asian destinations in January, Shana reported on Saturday.

  • Iran plans to issue $4.5b in bonds for energy projects

    Iran plans to issue $4.5b in bonds for energy projects

    Iran is looking to offer up to $4.5 billion in rial and foreign currency-denominated bonds by March 2018, the oil ministry's news website SHANA reported on Saturday.

  • Non-oil trade up 1.8%, hits $77 billion

    Non-oil trade up 1.8%, hits $77 billion

    TEHRAN- The value of Iran’s non-oil trade with other countries during the first eleven months of the current Iranian calendar year (March 20, 2016-February 18, 2017) stood at $76.907 billion, with 1.8 percent rise from the same period of time in the previous year, IRIB reported on Saturday citing Iran’s Customs Administration.

  • Exports via railway jump 55% in 11 months

    Exports via railway jump 55% in 11 months

    TEHRAN- Exports of goods via railway increased 55% in Iran during the first 11 months of the current Iranian calendar year (March 20, 2016-Februray 18, 2017), compared to the same period of time in the previous year, IRNA quoted a railway official, Hossein Ashouri.

  • Over $4b of facilities granted to industrial sector

    Over $4b of facilities granted to industrial sector

    TEHRAN- Since the beginning of the current Iranian calendar year (March 20, 2016), some 153 trillion rials of facilities (about $4.04 billion) has been paid to domestic industrial sector, Iranian deputy industry minister announced.

  • Boosting economic bonds with Iran top priority: Azeri min.

    Boosting economic bonds with Iran top priority: Azeri min.

    TEHRAN- Azerbaijan has expansion of economic ties with Iran among its top priorities, Minister of Economic Development of Azerbaijan Shahin Mustafayev avowed in Iran-Azerbaijan joint business forum held in Urmia, the capital city of north-western Iranian province of West Azarbaijan, on Thursday.

  • Newly-found mineral reserves to reach 1.078b tons by Mar. 20: official

    Newly-found mineral reserves to reach 1.078b tons by Mar. 20: official

    TEHRAN- The annual amount of newly-found mineral reserves in Iran will reach 1.078 billion tons by the end of the current Iranian calendar year (March 20, 2017), IRNA quoted Asadollah Keshavarz, the director general of Mineral Discoveries Office in the Ministry of Industry, Mining and Trade, as saying.

  • Inflation rate stands at 8.7% in Iran

    Inflation rate stands at 8.7% in Iran

    TEHRAN - The Central Bank of Iran (CBI) has announced that the inflation rate for the 12-month period ended in the last day of the eleventh Iranian calendar month of Bahman (February 18) compared to the same period in the previous year hit 8.7 percent, Tasnim news agency reported.