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  • Power-capacity Yesterday 20:57

    Nominal electricity generation capacity reaches 79.665GW

    TEHRAN – Nominal electricity generation capacity in Iran increased by 340 megawatts (MW) compared to the H1 (March 21-Septemebr 22) figure which was 79,325 MW, Tasnim news agency reported on Sunday.

  • TSE Yesterday 20:30

    TSE head reveals new plans

    TEHRAN- The recently appointed Head of Tehran Stock Exchange (TSE) Ali Sahraie revealed the state-run body’s new plans to develop Iranian capital market, Tasnim news agency reported on Sunday.

  • Railroad expansion Yesterday 20:09

    ‘Railroad expansion in need of €20b investments’

    TEHRAN- Some €20 billion is needed to supply the required infrastructure for development of national railway network by March 2021, the Managing Director of Islamic Republic of Iran Railways (known as RAI) Saeed Mohammadzadeh announced in a meeting on Sunday, IRNA reported.

  • Hemmati 2018-10-20 21:26

    ‘Pumping foreign currency into secondary market to be accelerated’

    TEHRAN- “Within the next few weeks, the procedure of injecting non-oil exports revenues into the foreign exchange secondary market will be lubricated to supply the required forex sources for imports,” the Public Relations Department of the Central Bank of Iran (CBI) quoted the bank’s Governor Abdolnaser Hemmati as saying on Saturday.

  • Trade in National Currencies' Challenges and Opportunities 2018-10-20 21:24

    Meeting on trade in national currencies held in Ankara

    TEHRAN- The meeting on Trade in National Currencies' Challenges and Opportunities started work with the attendance of Iran, Turkey, Russia and India at the Center for Iranian Studies in Ankara on Friday, IRNA reported.

  • Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari (L) and Mahmoud Hamsho, the secretary general of the Federation of Syrian Chambers of Commerce attending the Iran-Syria business forum in Tehran on Saturday 2018-10-20 20:02

    By: Ebrahim Fallahi

    Private sector from Iran, Syria light the flame

    Economic co-op MOU signed between Tehran, Damascus

    TEHRAN – Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Federation of Syrian Chambers of Commerce inked a memorandum of understanding (MOU) on Saturday addressing issues regarding long-term cooperation.

  • IRENEX 2018-10-19 22:38

    By Mahnaz Abdi

    Debate over offering crude oil at IRENEX to tackle sanctions

    The issue of offering crude oil in the stock market of Iran dates back to the Iranian calendar year of 1379 (March 2000-March 2001). Since then it has come on the table several times but was never materialized.

  • TEDPIX 2018-10-19 18:47

    TEDPIX up 90% since March

    TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) has increased 86,639 points or 90 percent since the beginning of current Iranian calendar year (March 21, 2018), Mehr news agency reported on Friday.

  • esalination equipment 2018-10-19 18:42

    China inks deal in Iran for co-manufacturing desalination equipment

    TEHRAN - Industrial Development & Renovation Organization of Iran (IDRO) and Chinese ZSM Company signed a deal for cooperation in manufacturing high-tech reverse osmosis water desalination equipment and machinery and also for transferring the technical know-how into Iran.

  • industry, mining, trade projects 2018-10-17 20:36

    Over $580m of FDI approved for industry, mining, trade projects in 5 months

    TEHRAN- Some $580.7 million of foreign direct investment (FDI) has been approved by the Iranian Ministry of Industry, Mining and Trade during the first five months of the current Iranian calendar year (March 21-August 22), IRNA reported on Wednesday.

  • IPC 2018-10-17 20:33

    Iran to sign 3rd IPC-based deal within 2 weeks

    TEHRAN – National Iranian Oil Company (NIOC) is expected to sign the third IPC-based deal with a foreign company within two weeks, ISNA reported on Wednesday quoting NIOC’s Managing Director Ali Kardor.

  • Kardor 2018-10-17 20:23

    U.S. ‘zero Iranian oil’ plan a political bluff: NIOC head

    TEHRAN – Head of National Iranian Oil Company (NIOC) called the U.S.’s efforts for reducing Iranian oil exports to zero a “political bluff” saying, Trump had been trying to reduce Iran’s oil exports for months.

  • Iran-India 2018-10-16 17:48

    MRPL expects India to get waiver from U.S. sanctions on Iran this month

    India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil exports this month, a company official said on Tuesday.

  • Uzbekistan 2018-10-16 17:47

    Reaching $1b trade with Iran a top priority for Uzbekistan: envoy

    TEHRAN- Increasing the value of trade between Uzbekistan and Iran to $1 billion is one of the top priorities of the Uzbek government, Uzbekistan Ambassador to Iran Bakhodir Abdullaev said in a meeting with a number of Iranian businessmen in the central city of Arak on Monday evening.

  • Zanganeh-IPEC 2018-10-16 17:46

    U.S. bullying won’t resolve supply shortage in oil market: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said U.S. cannot balance a market which is suffering from short supply by words and bullying, ILNA reported.

  • Minerals 2018-10-15 22:26

    Minerals, mining exports rise 9.5% in H1

    TEHRAN- The value of Iran’s minerals and mining exports stood at $5.1 billion during the first half of the current Iranian calendar year (March 21-September 22), rising 9.5 percent from the figure of the same period of time in the past year.

  • Iran, Japan 2018-10-15 20:50

    Iran, Japan ink MOU on training Afghanistan’s customs personnel

    TEHRAN- Islamic Republic of Iran Customs Administration (IRICA) and Japan International Cooperation Agency (JICA) signed a memorandum of understanding (MOU) on the joint holding of a training course for Afghanistan’s customs personnel, IRINA reported on Sunday.

  • رحمانی فضلی 2018-10-15 20:44

    Joint committee formed to spur exports to 15 countries

    TEHRAN- A joint committee with cooperation of Foreign Ministry, Islamic Republic of Iran Customs Administration (IRICA), NAJA (Iranian police), and Ministry of Intelligence has been formed to protect and improve Iran’s exports to 15 countries across the globe, Interior Minister Abdolreza Rahmani Fazli was quoted by IRNA as saying on Monday.

  • debt 2018-10-14 21:42

    External debt down 8%

    TEHRAN- According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fifth Iranian month of Mordad (August 22, 2018) stood at $10.405 billion, showing eight percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April 20, 2018), IRIB reported on Sunday.

  • Shahla Amouri 2018-10-14 21:00

    Iranian exporters to receive tax exemption from Oman

    TEHRAN- Iranian traders who export products to Oman receive tax exemption from the Omani government, Shahla Amouri, the vice chairman of Iran-Oman Joint Chamber of Commerce, told IRNA on Saturday referring to the trip of an Iranian trade delegation to Muscat.

  • TEDPIX 2018-10-14 19:45

    TEDPIX up 88% since March

    TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) has increased 88 percent since the beginning of current Iranian calendar year (March 21, 2018), Tasnim news agency reported on Sunday.

  • Nobakht 2018-10-14 19:35

    Anti-sanctions package preparation process outlined

    TEHRAN- Head of Iran’s Budget and Planning Organization outlined the preparation process of the package to tackle U.S.-led sanctions in a meeting with the chairmen of the parliament committees on Saturday, IRNA reported.

  • Rob Macaire 2018-10-13 21:49

    Britain committed to economic ties with Iran under JCPOA framework: ambassador

    TEHRAN – Britain is fully committed to its economic ties with Iran under the framework of the Joint Comprehension Plan of Action (JCPOA), the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Saturday quoting the British Ambassador to Iran Rob Macaire.

  • Li Kuiwen 2018-10-13 21:46

    ‘Economic ties between Iran, China still growing despite U.S. threats’

    TEHRAN- Economic relations between Iran and China are still growing despite the pressures and threats from the U.S., Chinese Customs spokesman Li Kuiwen told IRNA on Saturday.

  • Non-oil exports 2018-10-13 21:43

    Non-oil exports to Europe grows above 26% in 6 months

    TEHRAN- Iran’s non-oil exports to Europe during the first half of the present Iranian calendar year 1397 (March 21- September 22) increased by 112.9 percent in terms of weight and 26.33 percent in terms of value, IRNA reported according to the latest data released by Islamic Republic of Iran Customs Administration (IRICA).

  • India 2018-10-12 20:21

    India working out payment mechanism to purchase Iranian oil

    TEHRAN- India is yet working out a payment mechanism for continued purchase of Iranian oil, Economic Affairs Secretary at the Indian Finance Ministry Subhash Chandra Garg told CNBC TV18 news channel.

  • oil output 2018-10-12 20:20

    OPEC puts Iran’s Sept. oil output at 3.447m bpd

    TEHRAN- Iran produced 3.447 million barrels per day (bpd) of oil in September, a 150,000 bpd decrease from 3.597 million bpd in August, according to OPEC’s latest monthly report published on Thursday citing secondary sources.

  • 15th International Exhibition of Medical Equipment, Dentistry and Related Industry 2018-10-12 20:12

    Exports of medical equipment to rise 10-fold

    TEHRAN- Iran’s consultant to the health and medical education minister announced that the country plans to increase its exports of medical equipment up to ten times to hit $240 million by the end of the present Iranian calendar year (March 20, 2019), IRNA reported.

  • SMEs 2018-10-10 22:25

    SMEs account for 10% of exports in Iran

    TEHRAN- Iran’s small and medium-sized enterprises (SMEs) account for just 10 percent of the country’s exports, according to the managing director of Small Industries Investment Making Fund.

  • sponge iron 2018-10-10 18:35

    Sponge iron production rises 19% in H1

    TEHRAN- Production of sponge iron in Iran during the first half of the current Iranian calendar year (March 21-September 22) rose 19 percent compared to the figure of the same period of time in the past year, the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), announced on Tuesday.