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  • petchem Yesterday 15:19

    BY: Ebrahim Fallahi

    Small-scale petchem plants, huge potentials for a brighter future

    TEHRAN – Having the world's second largest gas reserves, Iran has a great potential for expansion of its petrochemical industry which is playing a great role in the country’s economy.

  • EAEU Yesterday 15:17

    Preferential trade with Eurasia exceeds $194m in a month

    TEHRAN - Head of Islamic Republic of Iran Customs Administration (IRICA) says the value of Iran’s preferential trade with Eurasian countries has reached $194.2 million since the trade agreement with the Eurasian Economic Union (EAEU) was implemented on October 27 up to the end of November.

  • Transport Exhibit Yesterday 12:08

    Int. transportation exhibition to kick off in Tehran tomorrow

    TEHRAN- The fourth edition of Iran’s International Exhibition of Transportation, Logistics and Related Industries will kick off at Tehran's Imam Khomeini Grand Prayer Campus (Mosalla) on Sunday, IRIB reported.

  • Caspian Sea 2019-12-13 14:02

    Caspian Sea oil exploration operations underway

    TEHRAN – Managing Director of Khazar Exploration and Production Company (KEPCO), a subsidiary of National Iranian Oil Company which handles exploration operation in the Caspian Sea region in Northern Iran, said exploration operations are underway in the region.

  • TEDPIX 2019-12-13 14:00

    IFX hits record high of 4,392 points

    TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), hit a record high of 4,392 points in the past Iranian calendar week (ended on Friday), IRNA reported.

  • Iran-Uzbekistan 2019-12-13 13:56

    Iran, Uzbekistan stress all-out expansion of economic ties

    TEHRAN – Iran, and Uzbekistan emphasized the expansion of relations in all economic areas during the two countries’ 13th Joint Economic Committee meeting in Tashkent on Thursday, the Iranian Industry Ministry’s news portal Shata reported.

  • Ardakanian 2019-12-11 14:39

    3000MW to be added to Iran’s power generation capacity by March 2020

    TEHRAN – Iranian Energy Minister Reza Ardakanian says the country’s power generation capacity is going to be increased by 3000 megawatts (MW) by the end of the current calendar year (March 19, 2020).

  • Iranian exhibition in Tashkent 2019-12-11 14:38

    Exclusive exhibition of Iranian products opens in Tashkent

    TEHRAN- An exclusive exhibition of Iranian products opened in Uzbekistan capital city Tashkent on Wednesday and will wrap up on Friday, Shata reported.

  • iran-China 2019-12-11 14:26

    China strongly opposes U.S. unilateral sanctions against Iran: envoy

    TEHRAN - Chinese Ambassador to Iran Chang Hua voiced his country’s strong opposition with the U.S.’s unjust and unilateral sanctions against Iran in a meeting with the Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie.

  • SME 2019-12-10 17:30

    Exports of Iranian SMEs at $1.5b in Mar.-Nov.

    TEHRAN - Iranian small and medium-sized enterprises (SMEs) exported $1.5 billion worth of commodities in the first eight months of the current Iranian calendar year (March 21-November 23), IRNA reported, quoting an official with Iran Small Industries and Industrial Parks Organization (ISIPO).

  • Iran-Uzbekistan 2019-12-10 15:46

    Tehran, Tashkent explore expansion of trade ties

    TEHRAN- During a meeting between Iran’s Trade Promotion Organization (TPO) Head Hamid Zadboum and Uzbekistan’s deputy minister of investment and foreign trade, the two sides discussed the ways for strengthening their bilateral trade, TPO portal reported on Tuesday.

  • TEDPIX 2019-12-10 14:55

    TEDPIX surpasses record high of 340,000 points

    TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 4,813 points to stand at 340,605 on Tuesday, Mehr news agency reported.

  • SME 2019-12-10 14:03

    ISIPO to revive 1400 idle production units by March 2020

    TEHRAN – Iran Small Industries and Industrial Parks Organization (ISIPO) plans to revive 1400 idle production units by the end of the current Iranian calendar year (March 19, 2020), IRNA reported on Monday, quoting a deputy with ISIPO.

  • ardakanian 2019-12-10 14:02

    ‘Iranian electricity industry expanding presence in region’

    TERHAN – Iranian Energy Minister Reza Ardakanian said the country’s power industry is expanding its activities in the region’s markets, the portal of the Energy Ministry (Paven) reported.

  • non-oil exports 2019-12-10 14:01

    Iran exports $27b of non-oil products in 8 months

    TEHRAN- Iran exported $27 billion of non-oil commodities during the eight-month period from March 21 to November 23, IRIB reported on Tuesday citing the data released by Islamic Republic of Iran Customs Administration (IRICA).

  • Iran-Oman 2019-12-09 12:47

    Iran, Oman ink agreement to broaden maritime co-op

    TEHRAN – Iran, and Oman signed a maritime cooperation agreement on Sunday aiming for boosting maritime transportation between the two countries, the portal of Iran’s Ports and Maritime Organization (PMO) reported.

  • Nobakht 2019-12-09 12:41

    Iran expects to sell 1m bpd of oil at $50 next year

    TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at an average price of $50, ISNA reported.

  • torbati 2019-12-09 12:41

    Iran’s gas industry to be fully indigenized within 5 years

    TEHRAN - Head of National Iranian Gas Company (NIGC) said his company is seriously pursuing a plan for indigenizing all the technology and equipment needed in the country’s gas industry within the next five years, IRIB reported on Monday.

  • Dejpasand 2019-12-09 12:17

    FDI in Iran rises 20% in 7 months on year

    TEHRAN- Foreign direct investment (FDI) in Iran has risen 20 percent during the first seven months of the current Iranian calendar year (March 21-October 22) from the same period of time in the past year, Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced on Monday.

  • Iran-Oman 2019-12-08 15:49

    Tehran, Muscat explore avenues of economic co-op

    TEHRAN – An Iran-Oman business forum was held on Sunday, in which the two countries explored ways of further boosting economic relations, IRNA reported.

  • ports 2019-12-08 14:50

    Development of 25 small ports to be handed over to private sector

    TEHRAN - Deputy of ports and economic affairs at Iran’s Ports and Maritime Organization (PMO) said the organization is planning to hand over the development of 25 small ports across the country to the private sector in the upcoming weeks, ISNA reported on Sunday.

  • gasoline 2019-12-08 14:49

    Rationing ables Iran to export 300ml of gasoline per day

    TEHRAN - Spokesman of Iranian Oil, Gas and Petrochemical Products Exporters Union (OPEX) said the gasoline rationing scheme has made it possible for the country to export 25-30 million liters of gasoline every day, IRIB reported.

  • Budget bill 2019-12-08 12:47

    ‘Budget of resistance’ to counter sanction effects

    Rouhani submits $473b budget bill to Majlis

    TEHRAN- President Hassan Rouhani submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1399, which starts on March 20, 2020, to the Majlis on Sunday, IRNA reported.

  • budget 2019-12-07 15:35

    President Rouhani to submit budget bill to Majlis on Sunday

    TEHRAN - Iranian President Hassan Rouhani is going to submit the bill of the budget for the next Iranian calendar year (to start on March 20, 2020) to Majlis (Iranian parliament) on Sunday, Mehr news agency reported, quoting the head of Iran’s Plan and Budget Organization.

  • Iran-Oman 2019-12-07 14:52

    Oman trying to expand economic ties with Iran

    TEHRAN- Omani minister of commerce and industry said his country is trying to boost its trade and economic ties with Iran, stressing that this goal can be achieved through more cooperation between the two sides’ private sectors.

  • exhibition 2019-12-07 14:48

    ‘40 intl. expos planned to promote exports to neighbors’

    TEHRAN - Managing director of Iran International Exhibitions Company said 40 international exhibitions have been planned to be held for promoting exports to the 15 neighboring countries, IRNA reported on Saturday.

  • Zanganeh 2019-12-07 14:47

    177th OPEC meeting concluded with good outcomes: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh expressed satisfaction with the outcomes of the 177th Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ meetings which were held during December 5-6, Mehr News Agency reported.

  • Iran-Azer 2019-12-06 14:11

    Tehran, Baku stress expansion of banking ties

    TEHRAN - Iran's Finance and Economic Affairs Minister Farhad Dejpasand said on Thursday that Iran and Azerbaijan should take necessary measures to expand their economic ties, especially in the banking sector, IRNA reported.

  • Iran-Syria 2019-12-06 14:07

    Iran to cooperate in renovating Syria’s water, wastewater networks

    TEHRAN – Iran, and Syria signed a memorandum of understanding (MOU) on Thursday for cooperation in renovating Syria’s water and wastewater networks, IRNA reported.

  • Zanganeh 2019-12-06 13:50

    No limitations on Iran’s oil output acceptable: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said Iran would not accept any limitations on its oil output and will produce at its full capacity when the U.S. sanctions are removed, Shana reported.