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  • incentives Yesterday 21:24

    New incentives for exporters that re-inject foreign currency to NIMA

    TEHRAN – Central Bank of Iran (CBI) has unveiled a decree containing a list of new incentives for the country’s exporters that re-inject their earned foreign currency to Iran’s domestic Forex Management Integrated System (locally known as NIMA).

  • Reza Rahmani Yesterday 20:55

    ‘Completing 12,000 semi-finished industrial projects to be facilitated’

    TEHRAN – Completing 12,000 semi-finished industrial projects with over 60 percent progress across Iran is a priority for the ministry of industry, mining and trade, ISNA reported on Thursday quoting Industry Minister Reza Rahmani.

  • Second platform of South Pars Yesterday 20:54

    Second platform of South Pars phase 22-24 installed on offshore spot

    TEHRAN- The second platform of Iran’s South Pars gas field’s phase 22-24 of development was installed on its designated offshore spot on Thursday, Public Relations Department of Pars Oil and Gas Company, which is in charge of developing the gas field, announced.

  • Rial-Euro Yesterday 19:58

    JCPOA Procurement Channel’s experience overshadowing INSTEX

    TEHRAN- The experience of JCPOA Procurement Channel, which was supposed to ensure that Iran is able to benefit from regular trade in the field of single and dual-use items of nuclear relevance, proves that the Europe’s newly created Instrument for Supporting Trade Exchanges, INSTEX, would not be able to meet Iranian nation’s demand for food and medicine either, according to Mehr news agency’s Friday report.

  • heavy crude oil price 2019-02-13 20:43

    Iranian heavy crude oil price rises $1.45 per barrel in Jan.: OPEC

    TEHRAN- Iranian heavy oil price increased $1.45 in January, according to OPEC’s latest monthly report published on Tuesday.

  • Eslami 2019-02-13 20:41

    Iran to purchase new airplanes: transport min.

    TEHRAN- Iran is negotiating purchase of some new airplanes, Iranian Transport Minister Mohammad Eslami told Mehr news agency on Wednesday.

  • Masoud Karbasian 2019-02-13 20:37

    ‘Iran, India continue discussing development of Farzad-B gas field'

    TEHRAN- Head of National Iranian Oil Company (NIOC) said Iran and India are still discussing development of Farzad-B gas field.

  • CEMENTEX & BAIEX 2019 2019-02-12 21:16

    Over 155 companies attending Iran’s intl. exhibit of cement, bitumen

    TEHRAN – Over 155 domestic and foreign companies are showcasing their latest achievements and products in the 10th International Exhibition of Cement, Concrete, Bitumen, Asphalt and Related Equipment and Machinery of Iran (CEMENTEX & BAIEX 2019).

  • exports 2019-02-12 21:12

    Iran’s exports to Russia increase 36% in 2018

    TEHRAN- Iran’s value of exports to Russia rose 36 percent in 2018, Iran’s Commercial Attaché to Russia Farhad Parand announced.

  • Abolfazl Kiani Bakhtiari 2019-02-12 20:09

    3 state-run institutes pen pact on expansion of technological, industrial culture

    TEHRAN- Iran’s Industrial Management Institute, ECO Cultural Institute (ECI), and Tehran University’s Institute of Biochemistry and Biophysics inked a trilateral agreement to boost and ease regional cooperation on industrial and technological culture, the public relation department of Industrial Management Institute announced.

  • Daily gasoil output 2019-02-11 20:16

    Daily gasoil output exceeds consumption by 16m liters

    TEHRAN - Director of supply and distribution at National Iranian Oil Products Distribution Company (NIOPDC) said the country’s daily gasoil production is 16 million liters more than the consumption, IRNA reported.

  • ardakanian 2019-02-11 20:14

    ‘Iranian private sector to help Iraq overhaul power plants’

    TEHRAN – Iran's Energy Minister Reza Ardakanian said Iranian private sector is going to contribute to rebuilding and overhauling Iraq’s damaged power plants, IRIB reported.

  • steel producers 2019-02-11 20:08

    Major steel producers export 4.7m tons of steel in 10 months

    TEHRAN- Iran’s major steel producers exported 4.715 million tons of steel during the ten-month period from March 21, 2018 to January 20, 2019, IRNA reported.

  • Fathali Mohammadzadeh 2019-02-06 20:00

    294 industrial infrastructure projects to be inaugurated by Feb. 11

    TEHRAN- The deputy head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced that on the occasion of the 40th anniversary of Islamic revolution, some 294 industrial infrastructure projects, using 2.7 trillion rials (about $64.2 million) of credit are to be inaugurated throughout the country by February 11, IRNA reported on Wednesday.

  • Iran-Singapore joint commerce committee 2019-02-06 19:57

    Iran-Singapore joint commerce committee holds 1st official meeting

    TERHAN – The first official meeting of the Iran-Singapore joint commerce committee was held in Tehran on Wednesday, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

  • South Pars new refineries 2019-02-06 19:56

    Rouhani to inaugurate South Pars new refineries within 2-3 weeks

    TEHRAN- The new refineries of South Pars gas field will be inaugurated by President Hassan Rouhani during the next 2-3 weeks, Iran’s Oil Minister Bijan Namdar Zanganeh announced in a press conference on Tuesday.

  • Chris Cook (2nd L), a senior research fellow at the Institute for Strategy, Resilience and Security Studies at University College London, and Mahmood Khaghani (1st L), an Iranian energy expert, posing for a photo during a specialized panel meeting in Tehran on Tuesday 2019-02-05 21:21

    By: Ebrahim Fallahi

    Tehran hosts specialized panel on energy Fintech

    TEHRAN – Iran Water and Power Resources Development Company (IWPCO) in collaboration with Research Institute for Energy Management and Planning (RIEMP) as well as Farab Construction Engineering Company hosted a specialized panel meeting on Tuesday to discuss energy Financial Technology (Fintech) in Iran and specifically Energy Credit Obligation (ECO).

  • liquid hydrocarbon reserves 2019-02-05 20:31

    Iran’s recoverable liquid hydrocarbon reserves at 160 b barrels: NIOC

    TEHRAN- National Iranian Oil Company (NIOC) in a recent report has put the country’s recoverable liquid hydrocarbon reserves at 160.12 billion barrels, IRIB reported on Tuesday. The report also put Iran’s recoverable natural gas reserves at 33.33 trillion cubic meters.

  • Hamed Soltaninejad 2019-02-05 20:30

    Saffron options contracts to be launched by March 20

    TEHRAN- Given the widespread welcoming by market participants for launching futures and certificates of deposit for saffron trade at Iran Mercantile Exchange (IME) and its positive impact on transparency of the price of saffron and the elimination of intermediaries, IME will launch saffron options contracts by the end of current Iranian calendar year (March 20, 2019), IME’s managing director announced.

  • Zanganeh 2019-02-05 19:45

    Iran not to allow U.S. to reduce its oil to zero: Zanganeh

    TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh said his country will not allow the United States to reduce its oil exports to zero, Shana reported.

  • Hassan Montazer Torbati 2019-02-04 20:47

    ‘Private sector should be in charge of Iran’s gas network management’

    TEHRAN - The managing director of National Iranian Gas Company (NIGC) said the company is planning on putting the country’s private sector in charge of managing the gas network, Shana reported on Sunday.

  • Shapour Mohammadi 2019-02-04 20:33

    Foreign shareholders hold 300 codes for trading at IRENEX

    TEHRAN- Iran’s Securities and Exchange Organization (SEO) Head Shapour Mohammadi put the number of codes held by the foreign shareholders at Iran Energy Exchange (IRENEX) at 300, IRIB reported.

  • Annual coal output 2019-02-04 20:29

    Annual coal output to reach 1.6m tons by March 20

    TEHRAN- Annual production of coal in Iran will reach 1.6 million tons by the end of current Iranian calendar year (March 20, 2019), IRIB reported on Monday citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

  • Cook 2019-02-04 20:17

    By Mahmood Khaghani

    Change never comes from within!

    It is often said that change never comes from within. So I am pleased to report that the presentation by Chris Cook, Senior Research Fellow of the Institute for Strategy, Resilience and Security, University College London at the Iranian and Tehran Chambers of Commerce on Sunday about Energy Fintech: Introducing the ECO, introduced refreshing innovations in the energy field.

  • Iran’s 4th International Exhibition of Airport, Airplane Flight, Industries & Related Equipment 2019-02-03 21:18

    Tehran hosting intl. exhibition of airport, related industries

    TEHRAN- Tehran is hosting Iran’s 4th International Exhibition of Airport, Airplane Flight, Industries & Related Equipment until Tuesday, IRIB reported.

  • industrial-mining projects 2019-02-03 21:17

    IMIDRO to inaugurate 10 industrial-mining projects worth $455m in 9 days

    TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will put 10 industrial-mining projects worth 19.117 trillion rials (about $455 million) into operation during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution).

  • Mehdi Mirashrafi 2019-02-03 20:37

    U.S.’ attempt to halt Iran’s trade with world futile

    TEHRAN- “The U.S. sought to impede Iran’s international trade by imposing cruel and unilateral sanctions on the country but our trade with the world is being done easily and we are not in lack of any type of basic goods,” Mehdi Mirashrafi, the recently appointed head of the Islamic Republic of Iran Customs Administration (IRICA), announced in a news conference, IRIB reported on Sunday.

  • IME 2019-02-02 20:44

    IME’s worth of trades up 5% in a week

    TEHRAN- During weekdays ending up to January 31, while 561,786 million tons (MT) of commodities worth over $547.6 million were traded on Iran Mercantile Exchange (IME), the trading volume and value experienced growth of 11 percent and 5 percent, respectively.

  • Bundesweite Gründerinnenagentur (BGA) 2019-02-02 20:36

    Germany's federal agency welcomes European trade vehicle with Iran

    TEHRAN- Germany’s BGA trade association announced that the mechanism known as the Instrument in Support of Trade Exchanges, or INSTEX, created by France, Germany and Britain to facilitate trade with Iran is legitimate and sends an important signal of Europe’s reliability as a trade partner, Reuters reported.

  • Energy Fintech in Iran: An expert view 2019-02-02 20:26

    By: Ebrahim Fallahi

    Energy Fintech in Iran: An expert view

    Tehran Times once more welcomed Chris Cook, a senior research fellow at the Institute for Strategy, Resilience and Security Studies at University College London and a leading global expert in energy markets and financial technology, and Mahmood Khaghani, one of Iran's experienced and informed energy experts, to discuss the challenges and opportunities facing Iran as the 40th anniversary of the Islamic Revolution approaches.