Today News
  • gas supply 2021-03-27 14:12

    Gas supply to power plants, major industries up 8bcm in a year

    TEHRAN- As announced by the dispatching director of National Iranian Gas Company (NIGC), gas supply to the country’s power plants and major industries increased eight billion cubic meters (bcm) in the past Iranian calendar year (ended on March 20).

  • Arvand 2021-03-27 13:22

    Arvand FTZ attracts $52m of foreign investment in a year

    TEHRAN- Arvand Free Trade Zone (FTZ), in Iran’s southwestern province of Khuzestan, attracted $52 million in the form of approved foreign investment projects during the past Iranian calendar year (ended on March 20).

  • non-oil trade 2021-03-27 11:44

    Iran’s annual non-oil trade stands at $73b

    TEHRAN- The value of Iran’s non-oil trade stood at $73 billion in the past Iranian calendar year (ended on March 20), the head of Islamic Republic of Iran Customs Administration (IRICA) announced.

  • FTZs 2021-03-26 15:56

    Projects worth $1.38b inaugurated in free trade, special economic zones

    TEHRAN- President Hassan Rouhani on Thursday inaugurated 39 projects worth 58 trillion rials (about $1.38 billion) in the free trade zones and special economic zones of three provinces through video conference.

  • TSE 2021-03-26 14:27

    Foreign investment in Iran’s stock market doubled in 10 months

    TEHRAN- As announced by the advisor to the head of Iran’s Securities and Exchange Organization (SEO), the value of investment made by the foreign investors in the country’s stock market grew by two times in 10 months.

  • Jask 2021-03-26 13:59

    Goreh-Jask oil pipeline project, very important, strategic: Rouhani

    TEHRAN- President Hassan Rouhani said that the national Goreh-Jask oil pipeline project is a very important and strategic project for the sovereignty of the country.

  • Razm Hosseini 2021-03-24 15:13

    ‘Industrial growth to accelerate’

    TEHRAN- Iranian Industry, Mining and Trade Minister Alireza Razm-Hoseini said that the industrial growth will accelerate in the country in the current Iranian calendar year (began on March 21).

  • gasoline 2021-03-24 13:35

    Gasoline consumption drops 20% in a year

    TEHRAN- Gasoline consumption in the country has decreased by 20 percent in the past Iranian calendar year (ended on March 20), as compared to its preceding year due to rationing this fuel and also the coronavirus pandemic.

  • vacany tax 2021-03-24 13:13

    First vacancy taxes to be collected in July-August

    TEHRAN- The head of Iran National Tax Administration (INTA) announced that that the first taxes on vacant houses will be received in the fifth Iranian calendar month of Mordad (July 23 – August 22), and added that this tax will be half the value of the monthly rent of the property.

  • Inflation rate 2021-03-24 12:31

    Annual inflation rate rises 2.2%: SCI

    TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on March 20, which marks the end of the last month of the past Iranian calendar year, stood at 36.4 percent, rising 2.2 percent from the figure for the twelve-month period ended on the last day of the eleventh month of that year.

  • Majlis 2021-03-16 16:06

    Majlis approves amended national budget bill

    TEHRAN- During an open session of Majlis (Iranian parliament) on Tuesday, the MPs approved the amended national budget bill for the coming Iranian calendar year (begins on March 20).

  • EAEU 2021-03-16 14:34

    Iran-EAEU trade reaches $1.9b in 11 months

    TEHRAN- The value of non-oil trade between Iran and the members of the Eurasian Economic Union (EAEU) reached $1.9 billion in the first 11 months of the current Iranian calendar year (March 20, 2020 – February 18, 2021), data released by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) showed.

  • Electricity 2021-03-16 10:45

    Incentive program reduces electricity consumption in Iran

    TEHRAN – Implementation of a program by the Iranian Energy Ministry for rewarding efficient electricity subscribers with a 100 percent discount on their bills, has reduced the number of high-consuming subscribers across the country by 6.1 percent.

  • trade 2021-03-15 15:45

    Trade between Iran, SCO members exceeds $23b in 11 months

    TEHRAN- The value of trade between Iran and the members of the Shanghai Cooperation Organization (SCO) hit $23.165 billion in the first 11 months of the current Iranian calendar year (March 20, 2020 – February 18, 2021), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

  • Petchem 2021-03-15 14:15

    5 new petchem projects to go operational by late June

    TEHRAN – Five new major petrochemical projects are scheduled to go operational across the country during the first quarter of the next Iranian calendar year (March 21-June 21), the project manager of the National Petrochemical Company (NPC) announced.

  • Ports 2021-03-15 12:57

    Loading, unloading at ports noticeably successful despite sanctions

    TEHRAN- The head of Iran’s Ports and Maritime Organization (PMO) said that despite the sanctions imposed on Iran’s shipping activities, loading and unloading of goods have been noticeably successful at the Iranian ports.

  • water desalination 2021-03-14 14:23

    Rouhani inaugurates 2nd, 3rd phases of Persian Gulf water transfer project

    TEHRAN – Iranian President Hassan Rouhani on Sunday ordered the beginning of the second and third phases of Iran’s major water desalination and transfer project which is aimed at supplying Persian Gulf water to central and eastern Iran through pipelines.

  • turbine 2021-03-14 13:47

    Iran soon to become exporter of world-class gas turbines

    TEHRAN – Managing Director of Iran’s MAPNA Group, which is the first and leading West Asia-based general contractor of thermal power plants in the MENA region, has said that Iran is going to become an exporter of new classes of gas turbines in near future.

  • investment 2021-03-14 12:07

    Foreign investment in industrial, trade sectors up over 113% in 11 months

    TEHRAN - The Ministry of Industry, Mining and Trade has approved 135 foreign investment projects valued at about $1.821 billion in the first 11 months of the current Iranian calendar year (March 20,2020-February 18, 2021), up 113.2 percent compared to the last year’s same period.

  • industry sector 2021-03-13 16:47

    Industry ministry to implement new program to promote investment

    TEHRAN – Iranian Industry, Mining, and Trade Ministry is going to implement a new program dubbed “Resilient Economy with Top Enterprises" for promoting investment in the country’s industrial sectors, Deputy Industry Minister Saeed Zarandi said.

  • Oil price 2021-03-13 14:30

    Iranian heavy crude oil price rises 11.5% in February: OPEC

    TEHRAN- Iranian heavy oil price increased $6.28 in February to register an 11.5-percent rise compared to the previous month, according to OPEC’s latest monthly report.

  • PBO 2021-03-13 14:26

    PBO, Tehran municipality ink MOU to renovate public transport fleet

    TEHRAN – Iranian Planning and Budget Organization (PBO) and Tehran municipality on Saturday signed a memorandum of understanding (MOU) for renovating 31 subway trains and 10,000 public taxis.

  • South Korea 2021-03-12 14:46

    By Ebrahim Fallahi

    Why S. Korea should release Iranian frozen funds?

    TEHRAN – Once one of Iran’s major oil buyers, South Korea has been holding back the release of several billions of dollars of Iranian oil money under the pressure from White House.

  • China 2021-03-12 14:40

    Iranian oil exports to China expected to hit record high in March

    TEHRAN – Iranian crude oil exports to China are surging and expected to hit record highs in March despite the U.S. sanctions on the country’s oil industry.

  • CNG 2021-03-12 14:40

    Over 83,000 public transport vehicles turned dual-fuel since late-Mar. 2020

    TEHRAN - The director of the National Iranian Oil Refining and Distribution Company (NIORDC)’s compressed natural gas (CNG) programs said his company has turned 83,802 public transport vehicles into dual-fuel cars since the beginning of the current Iranian calendar year (March 20, 2020).

  • Exports 2021-03-12 13:55

    Iran’s export to Russia rises 105% in 2020

    TEHRAN- The value of Iran’s exports to Russia has increased 105 percent in 2020, Iranian Ambassador to Moscow Kazem Jalali announced.

  • Uzbekistan 2021-03-09 15:57

    Iran, Uzbekistan consider establishing joint ventures to boost trade

    TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie met with Uzbekistan’s Deputy Foreign Minister Furqat Sadiqov on Tuesday to explore ways of expanding cooperation between the two countries’ private sectors.

  • Japan 2021-03-09 13:04

    Tehran, Tokyo discuss expansion of trade ties

    TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) Hamid Zadboum met with Japan’s Ambassador to Tehran Aikawa Kazutoshi to discuss expansion of economic ties between the two countries, Mehr News Agency reported.

  • Ports 2021-03-09 12:33

    Commercial ports’ capacity should double to 600m tons: PMO head

    TEHRAN- Head of Iran’s Ports and Maritime Organization (PMO) said that the country’s commercial ports’ capacity should be increased to 600 million tons.

  • rasoulian 2021-03-09 11:41

    9,000 new industrial units established in Iran since late Mar. 2020

    TEHRAN – Some 9,000 new contracts have been signed for establishing industrial units across Iran since the beginning of the current Iranian calendar year (March 20, 2020), the head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced on Monday.