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  • ICCIMA 2019-11-27 14:43

    Establishing Iran-EAEU trade office in Yerevan a serious step for trade ties

    TEHRAN- Setting up Iran-EAEU trade office in Yerevan is a serious measure for broadening trade ties between Iran and Eurasian Economic Union (EAEU), the president of Armenia Chamber of Commerce and Industry said on Wednesday.

  • Nobakht 2019-11-27 14:03

    Oil income to account for 7% of Iran’s revenue next year

    TEHRAN- Iran’s oil sale will account for just seven percent of the country’s income in the next Iranian calendar year (begins on March 20, 2020), according to Head of Iran's Plan and Budget Organization (PBO) Mohammad Bagher Nobakht.

  • Reza Rahmani 2019-11-27 12:19

    Domestic production to save Iran $10b in 2 years

    TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani said that relying on domestic production will save $10 billion for the country in the next two years, IRIB reported.

  • renewable 2019-11-27 11:51

    Iran generates 4.405b Kwh of electricity from renewables since March

    TEHRAN- Electricity generated from renewable resources has reached 4.405 billion kilowatt hours (Kwh) in Iran since the beginning of current Iranian calendar year (March 21, 2019), IRNA reported citing the data released by Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA).

  • Iran-Syria 2019-11-26 17:20

    ‘Iranian companies prioritized for reconstructing Syria’

    TEHRAN- Syrian minister of public works and housing said that his country puts the top priority on Iranian companies for implementing reconstruction projects in Syria, IRNA reported.

  • Iran-Oman 2019-11-26 12:12

    Iran to set up pavilion in IDF Oman in mid-Feb. 2020

    TEHRAN- Iran will set up a pavilion in Oman’s Interior Design Furnishing Expo (IDF Oman) which will be held in Muscat from February 11 to 13, 2020, Trade Promotion Organization of Iran (TPO) published on its official website on Tuesday.

  • Iran oil 2019-11-26 12:09

    Intl. Iranian downstream oil industry expo slated for Feb. 2020

    TEHRAN – Iran Oil, Gas and Petrochemical Products Exports Union (OPEX) is going to hold the first international exhibition of Iranian oil, gas and petrochemical industries downstream sector (Intl. Iran Downstream Show) during February 2-4, 2020 at Tehran Permanent International Fairgrounds.

  • Iran-Armenia 2019-11-26 11:29

    Tehran, Yerevan stress expansion of bilateral trade under Iran-EAEU agreement

    TEHRAN- During a meeting between the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) and Armenian ambassador to Iran the two sides emphasized the need to preserve and expand trade relations between Iran and Armenia under a trade agreement between Iran and Eurasian Economic Union (EAEU).

  • SME 2019-11-25 15:49

    Exports by SMEs up $450m in 6.5 months yr/yr

    TEHRAN - Iranian small and medium-sized enterprises (SMEs) exported $1.49 billion worth of commodities since the beginning of the current Iranian calendar year (March 21) up to October 7, $450 million more than the figure for last year’s same period.

  • port 2019-11-25 15:42

    PMO plans to build 92 vessels by 2021

    TEHRAN – Iran’s Ports and Maritime Organization (PMO) plans to entrust the country’s private sector with construction of 92 vessels within the next two years, IRIB reported, quoting an official with the organization.

  • South PArs 2019-11-25 15:41

    South Pars daily gas production soon to reach 680 mcm

    TEHRAN- The daily production of gas in Iran’s South Pars gas field will reach over 680 million cubic meters (mcm) in near future, the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field, announced.

  • Azadegan 2019-11-24 20:43

    ‘Steady output from North Azadegan oil field at 75,000 bpd’

    TEHRAN – Iran’s North Azadegan oil field, which the country shares with Iraq in the West Karoun region, is producing 75,000 barrels per day of oil steadily, Mehr news agency reported on Sunday, quoting the director of the field’s development project.

  • eurasia 2019-11-24 16:22

    TPO to host conference on trade with Eurasia on Dec. 1

    TEHRAN – Iranian Trade Promotion Organization (TPO) is going to host a major conference on Iran’s trade with Eurasia at Tehran Permanent International Fairgrounds on December 1, the TPO portal reported on Saturday.

  • CNG 2019-11-24 16:20

    CNG consumption up 10% following gasoline rationing

    TEHRAN – Head of the CNG promotion program at National Iranian Oil Product Distribution Company (NIOPDC) says consumption of compressed natural gas (CNG) in the country has increased by 10 percent since the implementation of the gasoline rationing scheme.

  • electricity 2019-11-24 16:18

    ‘Private sector able to contribute to electricity exports to neighbors’

    TEHRAN – Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)’s Energy Committee said the government should benefit from the capacities and potentials of the private sector in exporting electricity to the neighboring countries.

  • IFB 2019-11-23 17:49

    Monthly value of trades at IFB rises 100% year on year

    TEHRAN- The value of trades at Iran's over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), rose 100 percent during the eight Iranian calendar month of Aban (October 22-November 22) compared to the same month of the previous year, Tasnim news agency reported.

  • customs 2019-11-23 16:10

    Iran imports 14m tons of basic goods since March

    TEHRAN – Nearly 14 million tons of basic goods have been cleared through Iran’s customs since the beginning of the current Iranian calendar year (March 20, 2019), IRNA reported, quoting the head of Islamic Republic of Iran Customs Administration (IRICA), as saying.

  • Mahan Air 2019-11-23 16:08

    Decision on banning Mahan Air flights, will Italy give in to U.S. pressure?

    TEHRAN – Like many other European Countries, Italy is deeply concerned about the U.S’s unilateralism in the international system, and especially as Donald Trump's interference in the internal affairs of other countries has reached a level where Secretary of State Mike Pompeo and U.S. Treasury Secretary Steven Mnuchin explicitly threaten other countries to abide by the Washington’s unilateral, irrational and illegal sanctions against other members of the international community.

  • domestic production 2019-11-22 16:55

    Iran to hold permanent expo to promote domestic production

    TEHRAN – Iranian industry, mining and trade minister said a permanent exhibition is going to be established to promote domestic production and indigenizing of the country’s industrial needs, IRIB reported.

  • electricity 2019-11-22 15:16

    Electricity exports to neighbors at 1400 MW per day

    TEHRAN- Iran’s total daily electricity exports to the neighboring countries stands at 1400 megawatts (MW), IRIB reported on Thursday, quoting an electricity official.

  • Fishery 2019-11-22 15:16

    Annual fishery exports to hit $600m by Mar. 2020

    TEHRAN- Iran’s annual exports of fishery is anticipated to reach 150,000 tons valued at $600 million in the current Iranian calendar year (ends on March 19, 2020), according to Isa Golshahi, Fishery Organization's director general for quality improvement, processing, and market development.

  • Iran-Russia 2019-11-22 15:11

    Tehran, Moscow stress expansion of all-out ties

    TEHRAN – Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak met in Moscow on Thursday and stressed expansion of ties in all areas, IRNA reported.

  • PBO 2019-11-20 17:17

    Cabinet approves €2b finance for 4 power plant, railway projects

    TEHRAN – Iranian cabinet approved €2b finance proposed by Planning and Budget Organization (PBO) for implementation of four power plant and railway projects, IRNA reported.

  • Ardakanian 2019-11-20 17:14

    Energy minister to visit Moscow for pursuing Russia’s $5b loan to Iran

    TEHRAN- Iranian Energy Minister Reza Ardakanian said that he will leave Tehran for Moscow on Thursday to follow up the issue of Russia’s allocation of $5 billion of loan for implementation of development projects in Iran.

  • Leader 2019-11-20 16:38

    Leader urges domestic producers not to wait for sanctions to end

    TEHRAN – Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei called on the country’s producers to solely rely on their own capabilities to boost the country’s economy and not to wait for U.S. sanctions to end.

  • SP 2019-11-20 15:54

    3 platforms of South Pars to be installed by Mar. 2020

    TEHRAN- Three platforms of South Pars gas field (Iran shares with Qatar in the Persian Gulf) are planned to be installed at their designated offshore places by the end of current Iranian calendar year (March 19, 2020), Shana reported.

  • 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.