Today News
  • PMO 2021-04-10 15:54

    ‘PMO to fully support entities active in maritime sectors’

    TEHRAN – Head of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad has said his organization plans to take all the necessary measures for supporting the companies active in various maritime sectors during the current Iranian calendar year (began on March 21).

  • renewble 2021-04-10 15:29

    Over 89m Kwh of electricity generated from renewable sources in a month

    TEHRAN – According to the data released by Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA), the country’s renewable power plants generated over 89 million kilowatt-hours (Kwh) of electricity in the last month of the previous Iranian calendar year (February 19- March 20), IRNA reported.

  • vacancy tax 2021-04-10 14:26

    Vacancy taxes to be deposited in National Housing Fund

    TEHRAN- The deputy transport and urban development minister said that the vacancy taxes are planned to be deposited in the National Housing Fund to be allocated for supplying homes for the low-income people.

  • develop 2021-04-09 14:22

    Sanctions, coronavirus pandemic not to hinder Iran’s development projects

    TEHRAN- The spokesman of the Economic Committee of the Iranian parliament (Majlis) said that the U.S. sanctions and the coronavirus pandemic could not stop the country’s development projects.

  • SP 2021-04-09 14:17

    South Pars annual production goals realized: POGC

    TEHRAN – Managing Director of Iran’s South Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars gas field, has announced that the production goals set by the Oil Ministry for the field in the previous Iranian calendar year (ended on March 20) have been completely realized.

  • Barkindo 2021-04-09 13:27

    Iran discusses oil comeback with OPEC

    TEHRAN - Mohammad Sanusi Barkindo, the secretary-general of the Organization of the Petroleum Exporting Countries (OPEC), met with Amir Hossein Zamaninia, Iran’s governor for OPEC in Vienna, on Thursday to discuss the Islamic Republic’s return to the oil market in case of U.S. lifting the sanctions on Iran’s oil industry.

  • IMF 2021-04-07 15:48

    IMF sees Iran’s GDP growth at 2.5% in 2021

    TEHRAN - The International Monetary Fund (IMF), in its latest World Economic Outlook titled “Managing Divergent Recoveries”, predicted a 2.5-percent real gross domestic product (GDP) growth for Iran in 2021, up one percent from 1.5 percent in 2020.

  • drilling 2021-04-07 14:14

    NIDC conducts over 10,000m of horizontal, directional drilling in a year

    TEHRAN - National Iranian Drilling Company (NIDC) has managed to carry out 10,182 meters of horizontal and directional drilling in 43 oil and gas wells across the country during the previous Iranian calendar year (ended on March 20), Shana reported.

  • gas storage 2021-04-07 14:01

    Iran’s annual gas reproduction rises 15%

    TEHRAN- Gas reproduction has risen 15 percent in the country during the past Iranian calendar year (ended on March 20), as compared to its preceding year, according to the production director of Iranian Central Oilfields Company (ICOFC).

  • copper 2021-04-06 15:24

    1b tons of new copper reserves discovered in Iran

    TEHRAN – Managing Director of National Iranian Copper Industries Company (NICIC) has announced the discovery of one billion tons of new copper reserves in Iran, IRIB reported on Tuesday.

  • power plant 2021-04-06 14:42

    Iran’s annual power generation rises over 5%

    TEHRAN – Iranian power plants managed to generate over 434 billion kilowatt-hours of electricity in the previous Iranian calendar year (ended on March 20) to register a 5.1-percent rise compared to the preceding year.

  • industry 2021-04-06 14:42

    1,500 idle industrial units revived in a year

    TEHRAN – Iran’s Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki announced that 1,500 idle industrial units have been revived in the country during the previous Iranian calendar year (ended on March 20).

  • electricity 2021-04-05 15:03

    Energy Ministry grants 100% discount to low-consuming subscribers

    TEHRAN – As announced by the managing director of Iran’s Power Generation and Distribution Company (TAVANIR), seven million subscribers have received 100-percent discount on their electricity bills in the framework of the “Power of Hope” program.

  • flare 2021-04-05 15:03

    Deals worth €165m inked for recovering Iranian fields’ flare gas

    TEHRAN – Iran’s southern Persian Gulf Bid Boland Gas Refining Company has signed three deals worth €165 million with domestic companies for collecting and recovering flare gases of Rag-Sefid offshore oilfield, Shana reported.

  • agriculture 2021-04-05 13:44

    Over $714m allocated for agricultural mechanization this year

    TEHRAN – The head of Iran’s Agricultural Mechanization Development Center said some 30 trillion rials (over $714.2 million) has been allocated for mechanization of the country’s agricultural sectors in the current Iranian calendar year 1400 (started on March 21).

  • China 2021-04-04 15:26

    By Ebrahim Fallahi

    Iran-China strategic partnership: a roadmap for mutual prosperity

    TEHRAN – Iran, and China have signed a comprehensive long-term cooperation agreement with the aim of cementing their economic and political alliance as both countries are subjected to U.S. sanctions.

  • Zanganeh 2021-04-04 15:21

    Zanganeh outlines oil ministry’s major plans for current year

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has announced his ministry’s programs for realizing the current Iranian calendar year’s (started on March 21) motto which is “Production: Support and the Elimination of Obstacles.”

  • car manufacturing 2021-04-04 11:23

    Annual production by major Iranian automakers rises 4%

    TEHRAN - Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 900,714 vehicles in the past Iranian calendar year 1399 (ended on March 20), which was 4.3 percent more than the figure of its previous year, the data released by Codal website showed.

  • petchem 2021-04-03 16:52

    By Ebrahim Fallahi

    Iran’s petchem production capacity rises 13.5m tons

    TEHRAN – The capacity of Iranian petrochemical production increased by 13.5 million tons in the previous Iranian calendar year (ended on March 20) following the inauguration of 12 new petrochemical projects across the country.

  • mine 2021-04-03 16:02

    IMIDRO identifies 1,700 new promising mineral zones across Iran

    TEHRAN – Head of the explorations department of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced the identification of 1,700 new promising mineral zones across the country, IRNA reported.

  • Razm 2021-04-03 15:19

    ‘Industry Ministry promoting production and development’

    TEHRAN – Iranian Industry, Mining, and Trade Minister Alireza Razm-Hosseini has said his ministry’s incentive programs and packages have contributed a lot in promoting domestic production and development of the country.

  • Hemmati 2021-04-02 14:37

    IMF should respond to Iran’s legal request: CBI governor

    TEHRAN- The governor of the Central Bank of Iran (CBI) said that the International Monetary Fund (IMF) should respond to Iran's legal request.

  • units 2021-04-02 12:53

    Issuance of industrial unit establishment permits increases 40%

    TEHRAN – According to the latest data released by Iran’s Industry, Mining and Trade Ministry, during the first 11 months of the past Iranian calendar year 1399 (March 20, 2020-February 18, 2021), 36,162 permits have been issued for establishing new industrial units in the country, which marked a 40-percent increase year on year.

  • Industry, mining, trade projects worth over $1b inaugurated in 5 provinces 2021-04-02 12:36

    Industry, mining, trade projects worth over $1b inaugurated in 5 provinces

    TEHRAN- Iranian President Hassan Rouhani inaugurated some major projects of the Ministry of Industry, Mining, and Trade in five provinces via videoconference on Thursday.

  • IRan-China 2021-03-30 14:04

    Iran-China annual non-oil trade stands at $18.7b

    TEHRAN- The value of Iran-China non-oil trade stood at $18.715 billion in the past Iranian calendar year (ended on March 20), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

  • Inflation 2021-03-30 13:48

    Inflation rate falls 0.3% in rural regions

    TEHRAN- The Statistical Center of Iran (SCI) has announced that the inflation rate has fallen 0.3 percent in the country’s rural areas in the last month of the past Iranian calendar year (ended on March 20).

  • products 2021-03-30 13:32

    Ban on imports of unnecessary products saves Iran $5.8b

    TEHRAN- Ban on the imports of 1,539 unnecessary products and limiting the imports of 722 items has saved Iran $5.8 billion in the 10.5-month period ended on February 3, Iranian Industry, Mining and Trade Ministry’s news website Shata reported.

  • SEO head 2021-03-29 13:51

    Positive prospect seen for capital market: SEO head

    TEHRAN- The head of Iran’s Securities and Exchange Organization (SEO)said that the prospect for the capital market has always been positive in the long run, and added that according to statistics, the country's economy has emerged from recession and the companies’ profit making has increased.

  • trade 2021-03-29 13:28

    Iran holds 7% share of neighboring countries’ market

    TEHRAN- The head of Iran’s Trade Promotion Organization (TPO) said that the country holds a seven percent share of the $1,600-billion market of its neighbors.

  • China deal 2021-03-29 13:02

    Co-op document with China to support Iran’s economy against U.S. sanctions: Bloomberg

    TEHRAN- “Iran’s closer integration with China may help shore up its economy against the impact of the U.S. sanctions, while sending a clear signal to the White House of Tehran’s intentions”, Bloomberg wrote in a report.