Today News
  • Azerbaijan 2021-06-07 13:36

    Tehran, Baku discuss expansion of trade ties

    TEHRAN – Expansion of economic ties between Iran and Azerbaijan was discussed in a meeting between the Iranian Ambassador to Baku Abbas Mousavi and Azerbaijan’s Deputy Economy Minister Elnur Aliyev, IRNA reported on Monday.

  • trade 2021-06-06 13:08

    Tehran, Seoul expected to resume trade within 3 months

    TEHRAN - Head of the Iran-South Korea Joint Chamber of Commerce has announced the trade between the two countries is expected to resume in the next three to five months, IRNA reported.

  • EAEU 2021-06-06 11:44

    Iran, EAEU soon to begin talks over establishing free trade zone

    TEHRAN - Iran and the Eurasian Economic Union (EAEU) are set to begin negotiations on a full-fledged joint free trade zone in the near future, the press service of the Eurasian Economic Commission (EEC) announced.

  • oil 2021-06-06 11:38

    Post-sanction Iran able to boost oil output to 6m bpd: Lukoil

    TEHRAN - Vice President of Russia’s giant Lukoil Company has said Iran is able to quickly boost its oil output to six million barrels per day (bpd) if the U.S. sanctions are lifted, Russian state-owned Tass reported.

  • renewables 2021-06-06 11:32

    Over 145m Kwh of electricity generated from renewable sources in a month

    TEHRAN – Iranian renewable power plants generated over 145 million kilowatt-hours (Kwh) of electricity in the second month of the current Iranian calendar year (April 21-May 21), IRIB reported.

  • sponge iron 2021-06-06 11:03

    Monthly sponge iron export rises 250% year on year

    TEHRAN- The export of Iran’s sponge iron increased 250 percent during the first month of the current Iranian calendar year (March 21-April 20) as compared to the first month of the previous year, Iranian Industry, Mining and Trade Ministry announced.

  • e-commerce 2021-06-02 14:49

    E-commerce contribution to Iran’s GDP rises nearly 2.5 times

    TEHRAN - The share of e-commerce in Iran’s gross domestic product (GDP) has increased by 2.4 times, Finance and Economic Affairs Minister Farhad Dejpasand announced.

  • Power network 2021-06-02 14:21

    Iran to import 140MW of electricity from Turkmenistan

    TEHRAN- Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said the country will import 140 megawatts (MW) of electricity from Turkmenistan in a bid to meet domestic power need.

  • Zanganeh 2021-06-02 12:27

    Iran will return to oil market as soon as sanctions are lifted: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has said Iran is ready to return to the oil market as soon as the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is revived and the U.S. sanctions are lifted, Shana reported.

  • cement 2021-06-01 16:20

    Iran’s biggest cement production line inaugurated

    TEHRAN – Iran’s biggest cement production line was put into operation in northern Alborz Province’s Abyek Cement Complex on Tuesday in a ceremony attended by the Industry, Mining, and Trade Minister Alireza Razm Hosseini, Shata reported.

  • Shahid Rajaee Port 2021-06-01 13:16

    Exports from Shahid Rajaee port rises 49% in 2 months on year

    TEHRAN- Exports from Shahid Rajaee port, Iran’s largest and best-equipped container port, increased 49 percent in the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year, according to a provincial official.

  • export 2021-06-01 12:21

    Annual exports of polymer products exceed $1.3b

    TEHRAN – Iran exported over $1.31 billion worth of polymer products in the previous Iranian calendar year (ended on March 20), according to the chairman of the Export Committee of Iran National Plastic and Polymer Industries Association.

  • zanganeh 2021-05-31 15:50

    Iran, Azerbaijan discuss expansion of energy ties

    TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh held talks with Azerbaijan's Deputy Prime Minister Shahin Mustafayev on Sunday to discuss expansion of economic and energy ties.

  • azad 2021-05-31 15:30

    Domestic firms ink MOUs to conduct development study on Azadegan field

    TEHRAN – National Iranian Oil Company (NIOC) has awarded the development study of Azadegan oil field to five domestic companies, Shana reported.

  • Steel products 2021-05-31 11:57

    Monthly steel products export up 215% year on year

    TEHRAN- Iran’s export of steel products increased 215 percent during the first month of the current Iranian calendar year (March 21-April 21), as compared to the same period of time in the past year.

  • iraq 2021-05-30 16:17

    Tehran, Baghdad take new steps for expanding economic ties

    TEHRAN - Iraqi Finance Minister Ali Abdul-Amir Allawi has visited Iran on top of a high-ranking delegation to hold talks with senior Iranian officials for discussing ways of expanding economic ties between the two neighbors.

  • home appliance 2021-05-30 14:53

    Monthly production of refrigerators, freezers jumps 115% yr/yr

    TEHRAN- Manufacturing of refrigerators and freezers in Iran during the first month of the current Iranian calendar year (March 21- April 20) has risen 115 percent from that of the same month in the previous year, IRNA reported citing the data released by the Ministry of Industry, Mining and Trade.

  • production 2021-05-30 11:32

    Manufacturing of 32 major industrial, mining products rises in a month

    TEHRAN – The production of 32 major mining and industrial products has increased in the first month of the current Iranian calendar year (March 21-April 20), compared to the same period of time in the past year, Iranian Deputy Industry Minister Saeed Zarandi said.

  • drilling 2021-05-29 16:04

    Production of special cement for oil field drilling operations indigenized

    TEHRAN – Managing Director of Kaveh Pars Mining Industries Development Company, which belongs to Iran’s Mostazafan Foundation, announced that one of the company subsidiaries has indigenized the knowledge for producing a special type of cement used for shotcrete in oil and gas field wells.

  • iraq 2021-05-29 13:51

    Iran to use $125m of assets held in Iraq to buy Covid-19 vaccines

    TEHRAN – Iranian Energy Minister Reza Ardakanian, who is the chairman of the Iran-Iraq Joint Economic Committee, has said Iraq is going to transfer $125 million of its energy dues to Iran to a European bank to be paid for 16 million COVAX Covid-19 vaccines.

  • tanker 2021-05-29 13:08

    Indonesia releases seized Iranian oil tanker

    TEHRAN - Iranian-flagged VLCC Horse, belonging to the National Iranian Tanker Company (NITC), which was detained by Indonesian authorities in late January, was released on Friday and will return to Iran after completing its mission.

  • steel ingot 2021-05-28 14:00

    Steel ingot export rises 135% in a month on year

    TEHRAN- Iran’s export of steel ingots increased 135 percent during the first month of the current Iranian calendar year (March 21-April 21), as compared to the same period of time in the past year.

  • home appliance 2021-05-28 13:49

    Annual home appliance exports stand at $200m

    TEHRAN - Iran exported $200 million worth of home appliances during the previous Iranian calendar year (ended on March 20), according to an official with the Industry, Mining and Trade Ministry.

  • russia 2021-05-28 13:49

    Tehran, Moscow confer on joint investment in agricultural sector

    TEHRAN – Iranian Agriculture Minister Kazem Khavazi met with his Russian counterpart Dmitry Patrushev to discuss potential areas for expanding cooperation in agricultural sectors, IRNA reported on Thursday.

  • Transit 2021-05-26 13:57

    By Mahnaz Abdi

    Transit of goods via Iran rising

    Today, transit has become more important due to the expanded global trade relations and the intensity of competition for new markets. So that many countries have achieved huge incomes in this way by planning and making optimal use of their transit opportunities and facilities.

  • trade 2021-05-26 13:46

    Non-oil exports hit $6.3b in 2 months, up 48% yr/yr

    TEHRAN – The value of Iran’s non-oil exports reached $6.3 billion in the first two months of the current Iranian calendar year (March 21-May 21), up 48 percent compared to the last year’s same period, IRIB reported on Wednesday quoting the head of the Islamic Republic of Iran Customs Administration (IRICA).

  • Iran-Turkey 2021-05-26 11:47

    Quarterly trade between Iran, Turkey rises 53%

    TEHRAN- The value of trade between Iran and Turkey rose by 53 percent in the first quarter of 2021 from the first quarter of 2020, Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) reported, based on the official statistics released by Turkey.

  • Thermal power plants 2021-05-25 13:45

    Thermal power plants’ output to increase 3,500 MW by Friday

    TEHRAN- As announced by the managing director of Iran’s Thermal Power Plants Holding Company (TPPH), the output of the country’s thermal power plants will be increased by 3,500 megawatts (MW) by the end of the current Iranian calendar week (Friday).

  • mine 2021-05-25 13:40

    29 mining projects ready to go operational across Iran

    TEHRAN – Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Vajihollah Jafari has announced that 29 projects in mines and mining industries are ready for inauguration across the country.

  • water 2021-05-25 13:32

    Water projects worth over $185m inaugurated

    TEHRAN – Iranian Energy Minister Reza Ardakanian on Tuesday inaugurated seven major water industry projects valued at 7.81 trillion rials (about $185.9 million) through video conference in three provinces, IRIB reported.