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  • Iran oil 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).

  • Iran Motor Show 2018 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.

  • oil 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.

  • Indonesia 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.

  •  energy supply 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.

  •  Mohammad Rastad 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.

  •  energy projects 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.

  • Swiss flag 2018-08-07 21:36

    Swiss expect limited impact from U.S.-Iran sanctions

    The re-introduction of economic sanctions against Iran by the United States is unlikely to have a major impact on Swiss businesses.

  • Gasoline 2018-08-07 10:09

    Gasoline output rises 50% in 4.5 months yr/yr

    TEHRAN- Gasoline production in Iran has risen 50 percent since the beginning of current Iranian calendar year (March 21) compared to the same period of time in the previous year, according to the managing director of National Iranian Oil Products Distribution Company (NIOPDC).

  • Shares 2018-08-07 10:08

    Over $442m of state-owned shares divested in 4.5 months

    TEHRAN- Iranian Privatization Organization (IPO) has offered 19.473 trillion rials (about $442.5 million) of state-run shares to the private sector since the beginning of the present Iranian calendar year 1397 (March 21), IRIB reported on Monday.

  • foreign currency package 2018-08-06 20:24

    Details of currency rules unveiled

    TEHRAN – The Central Bank of Iran (CBI)’s new foreign currency package, approved by the Cabinet on Sunday evening, would come into effect on Tuesday, CBI governor announced in a televised interview on Sunday night.

  • TPO 2018-08-06 10:24

    Iran’s TPO to cooperate with ITC on near $8m of joint projects

    TEHRAN – Managers and representatives of International Trade Center (ITC) met with Mojtaba Khosrotaj, the head of Iran’s Trade Promotion Organization (TPO), on Saturday to discuss joint projects.

  • Europe 2018-08-06 10:20

    Non-oil exports to Europe up 11% in 4 months yr/yr

    TEHRAN- The value of Iran’s non-oil exports to European countries during the four-month period from March 21 to July 22 rose 11 percent compared to the same period of time in the previous year, IRNA reported.

  • ATR 2018-08-05 21:03

    5 new ATR aircrafts land in Tehran

    TEHRAN- Five new ATR-72600 passenger aircrafts landed in Tehran's International Mehrabad Airport on Sunday morning just before renewed U.S. sanctions go into effect, IRNA reported.

  • Pakistan 2018-08-05 09:37

    Tehran, Islamabad may resume negotiations on IP gas project next month

    TEHRAN - Iran and Pakistan may start a new round of talks on how to advance on the IP gas line project in September, The News of Pakistan reported citing a senior official at the country’s Petroleum Division.

  • dollar 2018-08-04 20:54

    Iran approves new forex policies

    TEHRAN- The Supreme Council for Economic Coordination reviewed and approved Central Bank of Iran (CBI)’s new general foreign currency policies as well as solutions to accelerate fighting corruption in domestic economy, Fars news agency reported on Saturday.

  • carmakers 2018-08-04 09:32

    Passenger car manufacturing up 4.5% in a quarter on year

    TEHRAN- Passenger car manufacturing in Iran rose 4.5 percent during the three-month period from the beginning of current Iranian calendar year (March 21) compared to the same time span in the past year.

  • NIOPDC 2018-08-04 09:31

    Daily gasoline output to hit record of 95.5m liters in coming days

    TEHRAN- Iran’s daily gasoline production will hit the record of 95.5 million liters in the coming days, director for consolidated planning in National Iranian Oil Products Distribution Company (NIOPDC) announced.

  • Currency 2018-08-04 09:06

    By Haniyeh Sadat Jafariyeh

    Market looking forward to CBI foreign currency package

    The Central Bank of Iran (CBI) launched a secondary currency market on July 3, 2018, in a bid to renovate its foreign currency system, reign the currency rates, reinforce exports, improve cooperation with foreign currency exchange shops, and to ease a dollar shortage ahead of the new turn of U.S. sanctions.

  • Hassan Qalibaf-Als 2018-08-01 17:53

    New shareholders’ presence in TSE up 40% in 4 months yr/yr

    TEHRAN- Presence of new shareholders in Tehran Stock Exchange (TSE) rose 40 percent during the first four months of current Iranian calendar year (March 21-July 22) compared to the same period of time in the previous year, according to TSE CEO Hassan Qalibaf-Als.

  •  First International Specialized Exhibition of Paper, Cardboard Cellulose Products and Related Machinery (PCCM 1397) 2018-08-01 17:52

    1st intl. paper products expo inaugurated in Tehran

    TEHRAN- The First International Specialized Exhibition of Paper, Cardboard Cellulose Products and Related Machinery (PCCM 1397) became operational on Wednesday at the Tehran Permanent International Fairground, IRIB reported.

  • oil-exports 2018-08-01 17:52

    Iran's average oil export rises 185,000 bpd in 4 months compared to past year

    TEHRAN – Iran exported 2.3 million barrels per day (bpd) of oil on average during the first four months of the current Iranian calendar year (March 21-July 22, 2018), an 185,000 barrels increase from the average daily exports in the whole of last year.

  • ISIPO 2018-08-01 10:10

    4,600 small, medium-sized units under construction in industrial parks

    TEHRAN- Some 4,600 small and medium-sized units are under construction in industrial estates of the country, Iranian deputy industry minister announced.

  • renewable 2018-08-01 10:08

    Boosting renewable capacity, the key to resolve Iran’s power problems: report

    TEHRAN - Iranian energy experts and scholars believe that increasing the country’s renewable power capacity is the cheapest and fastest way to supply electricity needs in the future, IRNA reported.

  • India 2018-07-31 20:56

    2 Iranian banks to open branches in India soon

    TEHRAN- Iran’s Bank Pasargad and Saman Bank will open two branches in India in the near future, the head of Iran-India Joint Chamber of Commerce told ILNA.

  • Minerals 2018-07-30 17:51

    Minerals, mining exports rise 16% in a quarter on year

    TEHRAN- Iran’s minerals and mining exports stood at $2.839 billion in the first quarter of the current Iranian calendar year (March 21-June 21), registering 16 percent growth in comparison with the same time span in the previous year, according to data released by the Islamic Republic of Iran Customs Administration (IRICA).

  • Car-renovation 2018-07-30 17:51

    Over 199,000 vehicles to be scrapped by March 2021

    TEHRAN – Iran is going to rejuvenate its transport body by scrapping more than 199,000 vehicles by the end of the Iranian calendar year of 1399 (March 20, 2021), IRIB reported on Monday.

  • TSE 2018-07-30 17:51

    TSE index hits a new record

    TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 2,903 points to hit the highest-ever record of 116,756 points on Monday, IRNA reported.

  • Rouhani 2018-07-29 18:25

    Rouhani declares amended law on Article 44 of Iran's Constitution

    TEHRAN – President Hassan Rouhani wrote to Ministry of Finance and Economic Affairs declaring a law passed by the Iranian parliament on amending the law on implementation of the general policies of the Article 44 of Iran's Constitution, IRNA reported on Sunday.

  • Steel 2018-07-29 18:24

    Iran’s 6-month crude steel output up 25% yr/yr: WSA

    TEHRAN- Production of crude steel in Iran stood at 12.516 million tons during the first six months of 2018, indicating 25.8 percent rise from 9.947 million tons in the same period of time in 2017, according to World Steel Association (WSA).