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  • Iran-EU trade 2018-09-25 20:31

    EU, China, Russia defy Trump with plan to keep trading with Iran

    The European Union, China and Russia backed a mechanism to allow “legitimate” business to continue with Iran, a plan aimed at sidestepping American sanctions and allowing international trade to continue unimpeded as President Donald Trump pursues his "America First" agenda.

  • Projects 2018-09-24 23:32

    1,900 semi-finished projects transferred to private sector in a year

    TEHRAN- An official form the Management and Planning Organization of Iran (MPO) announced that 1,900 unfinished projects across the country were privatized during the last Iranian calendar Year (ended March 20, 2018), IRIB reported on Monday.

  • IFB 2018-09-24 23:32

    Fara Bourse index up 71% in H1

    TEHRAN- IFX, the main index of Iran’s over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), has increased 71 percent to stand at 1,879 points during the first half of current Iranian calendar year (March 21-Setember 22), IRNA reported.

  • state-run shares 2018-09-24 23:08

    Over $107m worth of state-run shares to be divested in a month

    TEHRAN- Iranian Privatization Organization (IPO) will offer 4.5 trillion rials (over $107 million) of state-run shares to the private sector in the current Iranian calendar month of Mehr (September 23-October 22), according to an official in the IPO.

  • JMMC 2018-09-24 23:05

    By Ebrahim Fallahi

    OPEC defies Trump’s call for more oil, now what ?

    The 10th gathering of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non-OPEC members on Sunday ended, as Iran insisted, without any direct decision on additional supply boost.

  • Zanganeh 2018-09-24 20:06

    U.S. dream of zero Iranian oil won’t come true: Zanganeh

    TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that the Joint Ministerial Monitoring Committee (JMMC) meeting’s outcome was a negative response to the demands of U.S. President Donald Trump, ISNA reported.

  • NIDC 2018-09-24 00:46

    NIDC completes digging operation of 73 oil, gas wells in 5 months

    TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 73 oil and gas wells during the first five months of current Iranian calendar year (March 21-August 22), according to an official with the NIDC.

  • foreign debt 2018-09-24 00:45

    External debt down 5.6%

    TEHRAN- According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fourth Iranian month of Tir (July 22, 2018) stood at $10.66 billion, showing 5.6 percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April 20, 2018), IRIB reported on Sunday.

  • Loans 2018-09-24 00:44

    Bank loans to economic sector up 15.6%

    TEHRAN- According to the latest report released by the Central Bank of Iran (CBI), the granted banking facilities to domestic economic sectors witnessed 15.6 percent growth during the first five months of the present Iranian calendar year (March 21-August 22) compared to the same period of time in the past year, IRIB reported on Sunday.

  • Coal 2018-09-24 00:43

    Five-month coal extraction at 759,466 tons

    TEHRAN- Some 759,466 tons of coal was extracted in Iran during the five-month period from March 21 to August 22, IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

  • OPEC 2018-09-24 00:42

    OPEC, Russia rebuff Trump's call for immediate boost to oil output

    OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump’s calls for action to cool the market.

  • Minerals 2018-09-23 18:47

    Minerals, mining exports rises 12%

    TEHRAN- The value of Iran’s minerals and mining exports stood at $4.418 billion during the first five months of current Iranian calendar year (March 21-August 22), rising 12 percent from the figure of the same period of time in the past year.

  • Iran Plast 2018 2018-09-23 18:45

    Iran Plast 2018 to host exhibitors from 15 countries

    TEHRAN – The 12th edition of Iran’s International Exhibition of Plastics, Rubber, Machinery and Equipment (Iran Plast 2018) will kick off today at Tehran Permanent International Fairgrounds, Shana reported.

  • Persian Gulf Star Refinery 2018-09-23 18:44

    Persian Gulf Star Refinery’s daily output to reach 40m liters by March 2019

    TEHRAN- Iran’s Persian Gulf Star Refinery (PGSR)’s daily gasoline output will reach 40 million liters by the end of current Iranian calendar year (March 20, 2019) once the third phase of the refinery is complete, according to Soroush Ziglari, the operation director of the refinery.

  • power capacity 2018-09-23 00:03

    8GW of new power capacity needed to avoid outages: energy minister

    TEHRAN – Iran is going to need 8000 megawatts (MW) of new electricity capacity to prevent outages in the next summer, Tasnim news agency reported on Saturday quoting the energy minister.

  • South Korea's Ambassador to Iran Yu Chang Hwang (L) met Mohammadreza Bakhtiari, the vice chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) for international affairs, in Tehran on Friday. 2018-09-23 00:01

    S. Korean companies willing to work with Iran despite U.S. sanctions: envoy

    TEHRAN- South Korean companies have not stopped their trade ties with Iran and are willing to work with Iran despite the U.S. reimposition of sanctions, South Korea's Ambassador to Iran Yu Chang Hwang stated.

  • PMO 2018-09-22 23:51

    PMO seeking to create new container capacity in ports

    TEHRAN- Iran’s Ports and Maritime Organization (PMO) is seeking to create new container capacity in the country’s ports to gain more share of container transportation in the region, according to the organization’s head, Mohammad Rastad.

  • thermal-powerplants 2018-09-22 23:50

    Iran’s thermal power plants under annual overhauling program

    TEHRAN – Some 448 units in 91 of Iran’s thermal power plants are going under a general overhauling program to get ready for the next year’s demand peak period, IRIB reported citing the Energy Ministry’s portal.

  • Jahangiri 2018-09-22 21:57

    First VP calls for ease of releasing imported goods

    TEHRAN- Addressing a meeting at the place of Islamic Republic of Iran Customs Administration (IRICA) on Saturday, First Vice President Es’haq Jahangiri underscored the vitality of facilitating releasing procedures of imported goods as one the major expectations of the private sector, IRNA reported.

  • TSE 2018-09-22 21:42

    A new record for TEDPIX in last day of summer

    TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) jumped 3,209 points to end trade at 160,538 points in the last day of summer, IRNA reported.

  • Hemmati 2018-09-22 17:43

    $13b allocated to supply basic goods: CBI governor

    TEHRAN- Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati announced that $13 billion has been allocated to supply basic goods required in the country, Mehr news agency reported on Saturday.

  • iron ore 2018-09-22 09:39

    Processed iron ore output rises 19% in 5 months on year

    TEHRAN- Iran’s output of processed iron ore increased 19 percent during the first five months of the current Iranian calendar year (March 21-August 22) compared to the same period of time in the past year, IRIB reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

  • Iran-India 2018-09-22 09:39

    India set to pay for Iranian oil using rupee from November: sources

    India may revert to paying Iran in rupees for the oil it buys from its third largest supplier as U.S. sanctions will from November 4 block use of U.S. dollars to settle such trades, a top official said Thursday.

  • Volkswagen 2018-09-22 09:37

    VW rejects Trump envoy's take on Iran pullout

    Carmaker Volkswagen AG rejected on Thursday a report suggesting it had decided against doing business in Iran after coming under pressure from Donald Trump’s ambassador to Germany, saying its position on the country had not changed.

  • Iran - U.S. 2018-09-21 23:35

    Iran’s exports to U.S. grows 37.8% in 5 months

    TEHRAN- During the first five months of the present Iranian calendar year (March 21-August 22, 2018), Iran’s exports to the U.S. reached $45.11 million, increasing by 37.8 percent in comparison with the same time span in the preceding year, according to the latest data released by the Islamic Republic of Iran Customs Administration (IRICA).

  • state-run shares 2018-09-21 23:27

    $476m of state-run shares divested since March

    TEHRAN- Iranian Privatization Organization (IPO) has offered 20 trillion rials (about $476 million) of state-run shares to the private sector since the beginning of the present Iranian calendar year 1397 (March 21, 2018), IRIB reported.

  • Zanganeh 2018-09-21 23:04

    Iran will veto any decision against its interests: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said Iran will definitely veto any decision which threatens its interests.

  • Minerals 2018-09-18 09:41

    Exports from mining sector up 15%

    TEHRAN - Iran’s exports of minerals rose 15 percent in the first five months of the current Iranian calendar year (March 21-August 21) compared to the same period last year.

  • Ali Sahraie 2018-09-18 09:40

    Sahraie appointed new director of TSE

    TEHRAN- Board of directors at Tehran Stock Exchange appointed Ali Sahraie as the new director of TSE.

  • GDP-growth 2018-09-18 09:34

    GDP growth at 1.8% in spring

    TEHRAN- Iran's growth of gross domestic product (GDP) stood at 1.8 percent in the first three months of the current Iranian calendar year 1397 (March 21-June 21), corresponding to spring 2018, data released by Central bank of Iran (CBI) showed.