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  • tanker Yesterday 21:26

    South Korea imports nearly 3m barrels of Iranian oil in January

    TEHRAN- South Korea imported 12.46 million tons or 2.94 million barrels of crude oil from Iran in January, data from the country’s customs office showed.

  • 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.

  • Red meat imports Yesterday 20:02

    Red meat imports at 126,000 tons since last March

    TEHRAN- Some 126,000 tons of red meat has been imported to the country since the beginning of current Iranian calendar year (March 21, 2018), the chairman of Agriculture Committee of Iranian Parliament 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.

  • syria Yesterday 19:55

    Iranian trade-industry delegation to visit Syria on Feb. 16-19

    TEHRAN- An Iranian trade and industry delegation will visit Syria from February 16 to 19, the portal of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) published.

  • IFX 2019-02-13 21:06

    IFX rises 3.1% in January

    TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), closed at 1,932, climbing 3.1% at the end of January.

  • NIOC 2019-02-13 21:05

    5th round of offering oil at IRENEX on Feb. 18

    TEHRAN- National Iranian Oil Company (NIOC) will offer one million barrels of light crude oil at Iran Energy Exchange (IRENEX) for the fifth time on February 18, Shana reported on Wednesday.

  • Hemmati 2019-02-13 21:03

    Inflation, liquidity curbed: CBI Governor

    TEHRAN- Despite the expressed concerns about a probable rampant inflation and high volume of liquidity in the country, the two indices are presently kept under control, the Governor of the Central Bank of Iran (CBI) announced after his meeting with the cabinet on Wednesday, IRNA reported.

  • 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.

  • Aluminum ingot production 2019-02-12 22:43

    Aluminum ingot production rises 5% in 10 months on year

    TEHRAN- Production of aluminum ingot by three major producers in Iran has risen five percent during the first ten months of the current Iranian calendar year (March 21, 2018 – January 20, 2019) compared to the same period of time in the past year.

  • Iran’s Second International Exhibition of Glass, Related Equipment and Machinery 2019-02-12 22:42

    Tehran hosting intl. exhibition of glass, related machinery

    TEHRAN- Iran’s Second International Exhibition of Glass, Related Equipment and Machinery kicked off at Tehran Permanent International Fairgrounds on Tuesday, IRIB reported.

  • FKA Agriculture and Animal Husbandry Company 2019-02-12 21:17

    20% of FKA Co. shares to be divested at IFB soon

    TEHRAN- “Some 20 percent of the shares of FKA Agriculture and Animal Husbandry Company is to be offered at Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB) soon” a deputy from Iran’s Social Security Investment Company (SSIC) announced.

  • 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.

  • foodstuff 2019-02-12 20:23

    Iran 82% self-sufficient in producing foodstuff

    TEHRAN – Some 82 percent of Iran’s foodstuff needs is being supplied by domestic producers, Tasnim news agency reported quoting an agricultural official.

  • 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.

  • Imports 2019-02-11 22:18

    Ban on imports of 1,300 goods items to be removed soon

    TEHRAN- Iranian government is to remove the ban on imports of 1,300 types of goods via land borders soon, IRIB reported.

  • non-oil exports 2019-02-11 21:30

    Weight of non-oil exports to Turkey, Iraq up %50

    TERHAN- According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), Iran’s non-oil exports to its two western neighbors, Iraq and Turkey, increased by 50 percent in terms of weight during the first 10 months of the present Iranian calendar year (ending on January 20, 2019), IRNA reported on Monday.

  • Levan Dzhagaryan 2019-02-11 21:29

    Russia, Iran give up dollar in settlement payments, says ambassador

    Moscow and Tehran have given up the dollar in settlement payments and plan to shift completely to national currencies, with euro to be used if there are no other options, Russia’s Ambassador to Iran Levan Dzhagaryan said in an interview with TASS.

  • Debt 2019-02-11 21:23

    External debt down 11%

    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 ninth Iranian month of Azar (December 21, 2018) stood at $10 billion, showing 11 percent decrease in comparison with the announced figure at the beginning of current Iranian calendar year (March 21, 2018), IRIB reported on Monday.

  • 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.

  • Liquidity 2019-02-06 20:02

    Liquidity almost at $410b in a month

    TEHRAN- Iran’s liquidity stood at 17.25 quadrillion rials (about $410.7 billion) during the seventh month of the present Iranian calendar year, Mehr (October 22- November 21, 2018), according to a report released by the Central Bank of Iran (CBI).

  • 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.

  • CBI Governor Abdolnaser Hemmati (L) and his Iraqi counterpart Ali Mohsen Al-Allaq exchanged banking agreement documents signed in Baghdad on Tuesday 2019-02-06 20:00

    Iran, Iraq set up payment mechanism to facilitate trade

    TEHRAN – Central banks of Iran and Iraq reached an agreement to set up a payment mechanism to facilitate banking ties between the two countries, the portal of Central Bank of Iran (CBI) reported.