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  • Zanganeh 2019-11-19 16:51

    Oil ministry announces new terms for offerings at IRENEX

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh on Monday released a statement in which new regulations and procedures for offering oil and gas condensate at Iran Energy Exchange (IRENEX) were listed, Shana reported.

  • iron ore concentrate 2019-11-19 16:37

    Iron ore concentrate output rises 4% in 7 months on year

    TEHRAN- Production of iron ore concentrate in Iran during the first seven months of the current Iranian calendar year (March 21-October 22) has risen four percent compared to the same period of time in the past year, IRIB reported on Tuesday citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

  • Bourse 2019-11-19 15:58

    Iran’s international bourse to be set up by Mar. 2020

    TEHRAN- Iran will establish its first international bourse by the end of the current Iranian calendar year (March 19, 2020), managing director of Kish Free Zone Organization announced on Monday.

  • iron ore 2019-11-18 17:12

    By Mahnaz Abdi

    Imposing duty on exports of iron ore a right decision?

    In a bid to prevent the exports of unprocessed minerals, creating more value added and meeting the requirements of domestic producers for the raw materials, Iran has levied a 25-percent duty on the exports of raw minerals (specially iron ore) since September 23.

  • Iran-China 2019-11-18 16:39

    Iran, China form joint arbitration committee for trade ties

    TEHRAN – Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) said Iran and China have established a joint arbitration committee to supervise the trade between the two sides.

  • ICCIMA Head Gholam-Hossein Shafeie (2nd R) met with Head of Parliamentary Friendship Group of Georgia-Iran Shalva Kikenaveldezia (2nd L) in Tehran on Sunday. 2019-11-18 16:19

    Expansion of trade ties discussed between Iran, Georgia

    TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie met with Head of Parliamentary Friendship Group of Georgia-Iran Shalva Kikenaveldezia on Sunday to discuss expansion of trade ties.

  • dehnavi 2019-11-18 16:12

    ‘Gasoline rationing could bring Iran $3b of exports revenue a year’

    TEHRAN - Deputy minister of economic affairs and finance of Iran says the fuel rationing plan would make the country able to export 3.65 billion liters of gasoline every year and earn about 14 trillion rials (about $3.3 billion) from the exports.

  • iran-syria 2019-11-18 16:09

    Southwestern Iranian port to be connected to Syria through Iraq

    TEHRAN – Iran plans to connect its southwestern port of Emam Khomeini to Syria’s Latakia Port via a railway which passes through Iraq, IRIB reported, quoting head of the Islamic Republic of Iran Railways (IRIR).

  • exports 2019-11-17 16:40

    Iran’s 7-month non-oil imports down over 5% yr/yr

    TERHAN - The value of non-oil imports to Iran stood at $25 billion in the first seven months of the current Iranian calendar year (March 21-October 22), down 5.3 percent from the figure for last year’s same period, IRNA reported.

  • gas 2019-11-17 16:38

    IGTC completely ready for gas supply during winter

    TEHRAN- Iranian Gas Transmission Company (IGTC)’s managing director said his company is completely prepared for sustainable gas supply throughout the country during winter, Shana reported.

  • chabahar 2019-11-17 16:37

    No worries over supply of basic goods: GTC head

    TEHRAN – Managing director of Iranian state-run Government Trading Corporation (GTC) said there are no worries over the supply of basic goods in the country, IRIB reported.

  • supreme council 2019-11-16 17:28

    Govt. supports fuel rationing plan

    TEHRAN – Iran’s Supreme Economic Coordination Council called on all the country’s institutions and entities to cooperate in implementation of the fuel consumption management plan, IRNA reported.

  • Rahmani 2019-11-16 17:24

    ‘Gasoline price hike doesn’t entail any increase in commodity prices’

    TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said any increase in commodity prices on the pretext of gasoline price hike is illegal, Shana reported.

  • minerals 2019-11-16 17:13

    Exports of metallic minerals, products up nearly 12% in H1

    TEHRAN – The value of Iran’s metallic minerals and products exports increased by 11.7 percent in the first six months of the current Iranian calendar year (March 21-September 22) compared to the figure for last year’s same period, IRNA reported on Saturday.

  • gasoline 2019-11-16 16:54

    ‘Rationing expected to reduce gasoline consumption’

    TEHRAN - Gasoline consumption in Iran is expected to fall up to 10 percent, considering the recent price increase and implementation of rationing plan, Tasnim news agency reported on Saturday, quoting managing director of National Iranian Oil Products Distribution Company (NIOPDC).

  • Deputy Head ICCIMA Mohammadreza Karbasi (middle) delivers speech at the 27th executive committee meeting of ECO Chamber of Commerce and Industry in Karachi on Thursday. 2019-11-15 16:17

    Iran to host 2nd meeting of ECO energy, petchem consortium in 2020

    TEHRAN - Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is going to host the second meeting of Economic Cooperation Organization (ECO)'s Public and Private Sector Energy and Petrochemical Consortium and Companies in 2020 to strengthen energy trade among ECO members.

  • TSE 2019-11-15 15:07

    TEDPIX rises 71% since March

    TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE) has risen 71 percent since the beginning of current Iranian calendar year (March 21), Mehr news agency reported on Friday citing the data released by Iran’s Securities and Exchange Organization (SEO).

  • gasoline 2019-11-15 13:17

    Iran starts gasoline rationing, raises fuel prices

    TEHRAN – The Iranian government started on Friday rationing of subsidized gasoline and increased fuel prices as it plans to use the revenue for supporting underprivileged families.

  • Steel 2019-11-13 17:23

    Steel exports by major producers up 8% in 7 months on year

    TEHRAN- Exports of steel by ten major producers in Iran hit 4.049 million tons in the first seven months of the current Iranian calendar year (March 21-October 22), up eight percent compared to the same period of time in the past year, IRNA reported on Wednesday.

  • Tax exmption 2019-11-13 17:20

    By Mahnaz Abdi

    Tax exemptions in FTZs under debate

    Development of existing free trade zones (FTZs) and establishment of new FTZs is currently one of the major economic approaches of Iran and in a bid to attract more investments to these zones Iranian government offers various incentives to the investors.

  • Rabeie 2019-11-13 15:46

    ‘Plan for rationing subsidized gasoline to be finalized in a week’

    TEHRAN – Iran’s government spokesman Ali Rabiei said on Wednesday the details of a government plan for rationing subsidized gasoline will be finalized by the next week, Tasnim news agency reported.

  • Mohammadi 2019-11-13 15:38

    Iran to hold over 6% share of world’s petchem production by 2025

    TEHRAN - Head of Iran’s National Petrochemicals Company (NPC) says by the Iranian calendar year of 1404 (starts in March 2025) Iran’s petrochemical industry will be accounting for 6.2 percent of the total global petrochemical output.

  • Adnan hassan 2019-11-12 16:15

    Syria ready to provide facilities to Iranian companies: envoy

    TEHRAN - Syrian ambassador to Tehran expressed his country’s readiness for providing facilities to Iranian companies which contribute to Syria’s reconstruction, IRNA reported on Tuesday.

  • Copper 2019-11-12 16:14

    Copper projects worth €2.5b underway across Iran

    TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said €2.5 billion worth of projects in the copper industry are underway across the country including Kerman, Yazd and East Azarbaijan provinces, IRNA reported on Tuesday.

  • oil research 2019-11-12 16:11

    Oil ministry inks 26 major research-based deals with universities

    TEHRAN – Iranian deputy oil minister for engineering, research and technology affairs said the ministry has signed 26 major deals with the country’s universities, IRNA reported.

  • Rouhani 2019-11-11 17:42

    Rouhani inaugurates several development projects in southeastern province

    TEHRAN- Iranian President Hassan Rouhani inaugurated several development projects in the southeastern province of Kerman on Monday, IRNA reported.

  • Zanganeh 2019-11-11 17:40

    BY: Ebrahim Fallahi

    Details of Iran’s newly discovered oil reservoir unveiled

    TEHRAN –Iranian Oil Minister Bijan Namdar Zanganeh briefed the press on the details of the newly discovered 53-billion oil reservoir in an unveiling ceremony in Tehran on Monday.

  • Rahmani 2019-11-11 15:54

    Industry ministry following 34 programs to promote production

    TEHRAN - Iran’s Ministry of Industry, Mining and Trade is implementing 34 executive programs for promoting domestic production across the country in the current Iranian calendar year (began on March 21), ILNA reported on Monday, quoting the industry minister.

  • RAI 2019-11-11 12:27

    Iran hosting 7th UIC Next Stations Conference

    TEHRAN- Islamic Republic of Iran Railways (known as RAI) is hosting the 7th UIC Next Stations Conference in Tehran from November 11 to 13, IRNA reported.

  • Iran-Syria 2019-11-10 17:48

    Iranian private sector ready to improve Syria’s power grid

    TEHRAN - Deputy head of Iran Electrical Industry Syndicate said Iranian private companies are ready to help Syria reduce losses in the country’s electricity grid, IRNA reported on Sunday.