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  • Ardakanian 2020-06-23 14:34

    Projects worth over $2b inaugurated in 2nd phase of A-B-Iran program

    TEHRAN- Iranian Energy Minister Reza Ardakanian announced that projects worth 90 trillion rials (about $2.14 billion) have been already inaugurated in the water and electricity sectors of the country in the second phase of the A-B-Iran program, IRNA reported.

  • TEDPIX 2020-06-23 13:52

    TEDPIX rises 28% in a month

    TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has climbed 28.77 percent in the past Iranian calendar month (April 21-June 20) from its preceding month, IRIB reported.

  • Ardakanian 2020-06-22 15:59

    3rd section of Khaf-Herat railway to be completed by late Dec.

    TEHRAN - The third section of Khaf-Herat railway project which connects the rail networks of Iran and Afghanistan will come on stream in the third quarter of the current Iranian calendar year (September 22-December 20), said Iranian Energy Minister Reza Ardakanian.

  • South PArs 2020-06-22 15:13

    Overhaul operations for 10 SP platforms completed in 45 days

    TEHRAN – Pars Oil and Gas Company (POGC) has finished the annual overhaul operations for 10 of the South Pars gas field’s platforms in 45 days, the company’s production and operations director announced.

  • Iraq 2020-06-22 15:13

    Iran exports $800m of goods to Iraq in a month

    TEHRAN – Iran’s non-oil exports to Iraq in the Iranian calendar month of Ordibehesht (April 20-May 20) reached $800 million, Tasnim news agency reported, quoting a board member of Iran-Iraq Joint Chamber of Commerce.

  • inflation rate 2020-06-21 16:35

    Inflation rate falls 2%: SCI

    TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on June 20, which marks the end of the third Iranian calendar month of Khordad, stood at 27.8 percent.

  • exhibition 2020-06-21 16:33

    Iran’s exhibitions to be held on schedule as of July 2

    TEHRAN - Managing director of Iran International Exhibitions Company (IIEC) says all of the country’s exhibitions will be held physically and based on the schedule as of July 2, IIEC published on its website on Sunday.

  • Khavazi 2020-06-21 13:21

    Agriculture accounts for 8% of Iran’s GDP

    TEHRAN - Iranian Agriculture Minister Kazem Khavazi says the agriculture sector accounts for nearly eight percent of the country’s gross domestic product (GDP) which is about $40 billion, IRNA reported.

  • NIMA 2020-06-20 14:16

    NIMA returns over €30b of export revenues to economy

    TEHRAN - Iran’s domestic Forex Management Integrated System (locally known as NIMA) has managed to return over €30.075 billion of non-oil export revenues into the country’s economic cycle since it was launched in April 2018 up to June 19, 2020.

  • Saeed Zarandi 2020-06-20 14:04

    By Mahnaz Abdi

    Annual industrial growth of 2.1% achieved despite limitations

    TEHRAN- Iran’s industry sector experienced a 2.1-percent growth during the past Iranian calendar year (ended on March 19) as the country managed to support and empower domestic production, Saeed Zarandi, the deputy industry, mining and trade minister for planning, said in a press conference on Saturday.

  • Sistan-Baluchestan 2020-06-20 10:37

    Products worth over $235m exported from Sistan-Baluchestan in 2 months

    TEHRAN- Over $235 million worth of products were exported from Sistan-Baluchestan Province in southeast Iran during the first two months of the current Iranian calendar year (March 20-May 20), according to a provincial official.

  • copper concentrate 2020-06-20 10:34

    Monthly copper concentrate output rises 2%

    TEHRAN- Production of copper concentrate in Iran has risen two percent in the past Iranian calendar month Ordibehesht (April 20-May 20) compared to the same month in the past year, IRNA reported.

  • TSE 2020-06-20 10:15

    By Mahnaz Abdi

    TSE's number of stock traders up 467%

    TEHRAN- The managing director of Tehran Stock Exchange (TSE) announced that the number of stock traders in this exchange, which was averagely 150 per day at the beginning of the past Iranian calendar year (March 2019) has already risen to 850, which indicates a 467-percent growth.

  • FTZ 2020-06-19 16:58

    By Mahnaz Abdi

    Iran’s FTZs development continues despite sanctions

    Considering the important role that the free trade zones (FTZs) play in promoting the country’s export and employment, Iran is seriously pursuing development of its existing FTZs and establishment of new zones as well.

  • Iraq 2020-06-19 14:30

    Iran to use its financial resources in Iraq to import basic goods: CBI governor

    TEHRAN - Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati says Iran and Iraq are going to implement an agreement in the coming weeks based on which Iran is going to use its energy export revenues in Iraq for supplying basic goods, IRNA reported.

  • Khiabani 2020-06-19 14:29

    Electricity, industrial projects put into operation in Isfahan Province

    TEHRAN – Acting Minister of Industry, Mining and Trade Hossein Modares Khiabani inaugurated three electricity and industrial projects in Mobarakeh Steel Company in the central Isfahan province on Thursday, IRNA reported.

  • gas 2020-06-19 14:28

    SP gas supply to national network up 10%

    TEHRAN – Managing Director of South Pars Gas Complex (SPGC) says gas supplies from the complex to the country’s national gas network has increased by 10 percent in the first two months of the current Iranian calendar year (March 20-May 20), year on year.

  • sponge iron 2020-06-19 10:27

    Sponge iron production increases 11%

    TEHRAN- Production of sponge iron in Iran rose 11 percent during the first two months of the current Iranian calendar year (March 20-May 20) compared to the same period of time in the past year, IRNA reported.

  • steel products 2020-06-17 10:32

    Steel products output falls 2%

    TEHRAN- Production of steel products in Iran dropped two percent during the first two months of the current Iranian calendar year (March 20-May 20) compared to the same period of time in the past year, IRNA reported.

  • Hemmati 2020-06-17 10:31

    ‘Iran to take back funds from S. Korea through legal, intl. channels’

    TEHRAN- Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran will take back its dollars from South Korea through legal and international methods, IRNA reported.

  • Iron ore 2020-06-17 10:15

    Nearly 8m tons of iron ore concentrate produced in 2 months

    TEHRAN- Iran produced 7.957 million tons of iron ore concentrate during the first two months of the current Iranian calendar year (March 20-May 20), which was two percent lower than the figure of the same period of time in the past year, IRNA reported.

  • Mohammadi 2020-06-15 16:00

    Petchem industry’s development goals to be fully realized by Mar. 2022

    TEHRAN – Managing director of Iran’s National Petrochemical Company (NPC) says all the goals set, based on the country’s Sixth Five-year National Development Plan, for the petrochemical sector will be realized by the end of the Iranian calendar year 1400 (March 20, 2022).

  • Lahouti 2020-06-15 14:30

    ‘$42b annual non-oil export target achievable’

    TEHRAN - Head of Iran Export Confederation Mohammad Lahouti says achieving the $42 billion non-oil export target which the country has set for the current Iranian calendar year (ends on March 20, 2021) is possible considering the recent improvements in exports.

  • IMF 2020-06-15 14:25

    Iran calls on IMF to defy U.S., grant it $5b loan

    TEHRAN – Iranian President Hassan Rouhani has called on the International Monetary Fund (IMF) to defy U.S. resistance and grant the country the $5 billion loan which Iran requested to relieve the economic pressure caused by the pandemic.

  • power plant 2020-06-15 14:20

    Small-scale gas power plants’ output hit record high of 800MW

    TEHRAN – Iran’s small-scale gas power plants managed to generate 800 megawatts of electricity, a first since the establishment of such power plants in the country, the news portal of the Energy Ministry (Paven) reported on Monday.

  • gas 2020-06-14 14:59

    Iran’s daily gas production up 24 mcm

    TEHRAN – Iran’s daily production of natural gas currently stands at 674 million cubic meters (mcm), 24 mcm more than the figure for the same time last year, the spokesman of the National Iranian Gas Company (NIGC) said on Sunday.

  • tanker 2020-06-14 14:59

    BY: Ebrahim Fallahi

    U.S. targets Iran-Venezuela trade, tanker market suffers a blow

    TEHRAN - The Trump administration is considering new sanctions on reportedly 50 oil tankers for working with Venezuela, in order to prevent the trade between Iran and the Latin American country.

  • Iran-India 2020-06-14 10:43

    Trade between Iran, India to return to normal in 2 weeks

    TEHRAN- Trade between Iran and India, which has been affected by the coronavirus pandemic, is expected to return to normal within one or two weeks, the vice-chairman of Iran-India Joint Chamber of Commerce told ILNA on Sunday.

  • petchem 2020-06-13 14:11

    Over $1b invested to build 4 petchem parks across Iran

    TEHRAN – Managing Director of Iranian Investment Petrochemical Group (IIPG) says nearly 44 trillion rials (about $1.04 billion) has been invested to construct four petrochemical parks across the country.

  • production 2020-06-13 14:05

    Nearly $420m of facilities allocated to production units in 2 months

    TEHRAN – Iranian Industry, Mining, and Trade Ministry announced that a total of 17.6 trillion rials (about $419.04 million) of facilities have been allocated to support 465 production units in the first two months of the current Iranian calendar year (March 20-May 20).