-
2018-08-14 09:09
China’s contribution to Iranian petchem industry unchanged: official
TEHRAN – Iranian National Petrochemical Company (NPC)’s Director for Investment Hossein Alimorad, said Chinese investors’ contribution in the Iranian petrochemical industry has not changed after the U.S. withdrawal from the nuclear deal.
-
2018-08-14 09:04
China will continue buying Iranian oil despite U.S. sanctions: CPCIF
TEHRAN – The director of the International Cooperation Department at China Petroleum and Chemical Industry Federation (CPCIF) said that China will continue importing Iranian oil despite U.S. sanctions, IRNA reported on Monday.
-
2018-08-13 20:51
Industry Ministry bans exports of 5 types of goods
TEHRAN- Exports of five types of goods will be ceased due to a recent decision of the Ministry of Industry announced to the Islamic Republic of Iran Customs Administration (IRICA) on Saturday, IRIB reported on Monday.
-
2018-08-13 10:14
Oil Ministry bans importing certain oil industry equipment
TEHRAN – Iranian Oil Ministry has passed an order to ban the import of 84 items among oil industry equipment which could be produced inside the country, IRIB reported.
-
2018-08-13 10:04
Iranian private sector gets green light to swap oil products
TEHRAN - Managing director of National Iranian Oil Products Distribution Company (NIOPDC) said necessary measures are being taken for the country’s private sector to take part in swapping oil products, IRIB reported on Saturday.
-
2018-08-13 10:03
South Pars deal with Total, CNPC unchanged: NIOC director
TEHRAN – The deal with France’s Total and China’s state-owned National Petroleum Corporation (CNPC) for developing phase 11 of Iran’s South Pars gas field is still unchanged, Shana reported on Saturday quoting a senior oil official.
-
2018-08-13 09:39
‘SMEs should be exempted from paying value added tax for 6-12 months’
TEHRAN- Iranian industry minister said small and medium-sized enterprises (SMEs) should be exempted from paying value added tax for a period of six months to one year, IRNA reported.
-
2018-08-13 09:38
SEPAM ready to replace SWIFT: CBI deputy director
TEHRAN- Iranian financial telecommunications system, known as SEPAM, is ready to replace the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in the country’s international financial transactions, the Central Bank of Iran’s (CBI) deputy for modern technologies announced in a meeting on Sunday, Tasnim news agency reported.
-
2018-08-12 09:23
Iran-China trade up 10% in 6 months on year
TEHRAN- The value of trade between Iran and China rose 10.1 percent during the first half of 2018 and stood at $17 billion, Gao Feng, the spokesman for China’s Ministry of Commerce, told IRNA on Saturday.
-
2018-08-12 09:21
Georgian ambassador calls for win-win trade with Iran
TEHRAN – Georgia’s ambassador in Tehran said his country is eager for a win-win trade with Iran, given the existing capacity to expand the economic cooperation between the two countries, IRNA reported on Saturday.
-
2018-08-12 09:18
SME Iran 2018 to showcase capabilities of Iranian industries
TEHRAN –Over 1200 Iranian small and medium-sized enterprises (SMEs) are going to gather today at SME Iran 2018 exhibition to showcase their latest achievements and capabilities, Shata reported on Saturday.
-
2018-08-12 09:17
Iran rises 2 places to become world’s 11th top steel producer: WSA
TEHRAN- According to the latest report released by the World Steel Association (WSA), Iran was ranked the 11th among the world’s largest crude steel producers in the first half of 2018, IRIB reported.
-
2018-08-12 09:16
Infrastructure provided for trading cryptocurrency in stock exchange
TEHRAN- Required infrastructure is provided for trading cryptocurrency in Iran’s stock exchange, Head of Securities and Exchange Organization (SEO) Shapour Mohammadi told IRNA on Saturday.
-
2018-08-11 10:16
‘Next year’s budget plan to match new sanctions condition'
TEHRAN- Iran's annual budget plan for the next Iranian calendar year of 1398, which starts on March 21, 2019, is to be prepared considering all the domestic and international economic conditions of the country in a bid to tackle the new round of U.S.-led sanctions and to meet the Iranian nation’s expectations, Tasnim news agency quoted the head of Management and Planning Organization of Iran on Friday.
-
2018-08-11 10:14
Switzerland recommends firms pursue Iran ties despite U.S. sanctions
The Swiss government regrets the situation regarding sanctions imposed by the United States on Iran, but recommends Swiss firms pursue their business relations with the Islamic Republic on an informed basis, it said on Thursday.
-
2018-08-11 10:04
Japan seeks U.S. sanctions waiver for Iranian oil imports
Japan’s Trade Minister Hiroshige Seko says his country will continue to negotiate with the U.S. for an exemption to sanctions on Iranian oil imports.
-
2018-08-11 10:02
German businesses suffering from U.S. sanctions against Iran
German business associations said on Thursday that their companies are increasingly suffering from U.S. sanctions against Iran.
-
2018-08-11 09:56
U.S. 6-month exports to Iran grow 47% yr/yr
TEHRAN- The U.S. exports to Iran reached $59.7 million during the first half of 2018 registering a 47 percent rise from the figure for last year’s same period, the latest report released by American Statistical Association (ASA) showed.
-
2018-08-11 09:54
‘Iranian oil cannot be replaced in the market’
TEHRAN - Iran's former OPEC Governor Mohammad Ali Khatibi said Iran’s oil customers won’t find a suitable alternative for Iranian oil, IRIB reported on Friday.
-
2018-08-11 09:53
Zanganeh writes to OPEC, expressing dissatisfaction with JMMC’s performance
TEHRAN - Iranian oil minister has written a formal complaining letter to OPEC President Suhail Al Mazrouei to express concerns over Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC)’s performance.
-
2018-08-10 21:11
U.S. sanctions against Iran could make world's oil supply very challenging: IEA
A U.S. plan to impose targeted crude sanctions against Iran could significantly impact global supply and exhaust the world's spare oil capacity cushion, according to the latest monthly report from the International Energy Agency (IEA).
-
2018-08-09 10:23
Intl. auto expo running in Mashhad
TEHRAN – The 18th edition of International Exhibition of Automobile and Relate Industries (Iran Motor Show 2018) kicked off on Tuesday at the northeastern city of Mashhad, IRNA reported.
-
2018-08-09 10:16
Iranian oil exports to China, India surge in July despite U.S. sanctions
TEHRAN – Iranian crude oil loadings to China and India increased significantly in July compared to the previous month despite U.S. threats, a Platts survey showed. According to Platts data, Shipments to china were 799,452 barrels per day (bpd) in July, up from 722,100 bpd in June.
-
2018-08-09 10:12
Turkey sticks with Iranian gas despite U.S. sanctions, energy minister says
TEHRAN - Turkey’s energy minister said on Wednesday that his country will continue to buy natural gas from Iran despite U.S. sanctions, Reuters reported.
-
2018-08-09 10:09
Non-oil exports to Indonesia rise 86% in a quarter on year
TEHRAN- The value of Iran’s non-oil exports to Indonesia during the three-month period from March 21 to June 21 stood at $250 million, increasing 86 percent compared to the same period of time in the past year, according to Iran’s commercial attaché to Indonesia.
-
2018-08-09 10:01
Forex shops resume operation
TEHRAN- Foreign currency exchange shops officially became operational on Wednesday as part of Central Bank of Iran (CBI)’s new foreign currency package implemented since Tuesday, ISNA reported.
-
2018-08-09 09:58
China defends Iran business ties after Trump threat
China’s business ties with Iran are open, transparent and lawful, its foreign ministry said on Wednesday, after U.S. President Donald Trump said companies doing business with Iran would be barred from the United States.
-
2018-08-08 10:09
Japan objects effect of U.S. sanctions on Iran on its energy supply
TEHRAN - Japan's Minister of Economy, Trade and Industry Hiroshige Seko said his country’s energy supply should not be affected by U.S. sanctions on Iran, Platts reported.
-
2018-08-08 10:06
PMO offering best incentives for investment in ports
TEHRAN- Iran’s Ports and Maritime Organization (PMO) Managing Director Mohammad Rastad announced that his organization offers the best incentives to the investors who make investment in development of ports.
-
2018-08-08 09:49
Over $4.7b of unfinished energy projects to be awarded to private sector
TEHRAN – Iran’s Energy Ministry is planning to award 52 unfinished water and electricity projects worth 200 trillion rials (over $4.76 billion) to the country’s private sector for completion, IRIB reported on Monday quoting the Energy Minister Reza Ardakanian.