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  • Iran-Eurasia 2020-01-04 14:53

    Iran’s exports to Eurasia rising after preferential trade pact

    TEHRAN – Head of the Export Promotion Committee of Iran Chamber of Commerce, Industries, Mines and agriculture (ICCIMA) says the exports of some highly-demanded goods to Eurasia has been facilitated after implementation of a preferential trade deal with Iran, and the volume of trade is rising for these items.

  • CNG 2020-01-03 14:08

    Lack of enough CNG stations could rise gasoline consumption

    TEHRAN - Head of Tehran Compressed Natural Gas (CNG) Association says although converting gasoline-fuel cars into dual-fuel ones in the country is expected to raise CNG consumption by up to 10 percent, lack of enough CNG stations could once again rise gasoline consumption.

  • Auto 2020-01-03 14:08

    Major auto makers to be privatized by March 2021

    TEHRAN – Iranian Industry, Mining, and Trade Ministry plans to hand over the country’s major automakers to the private sector by the end of the next Iranian calendar year (March 2021), IRIB reported, quoting a deputy in the named ministry.

  • basic goods 2020-01-03 14:01

    ‘No worries over supply of basic goods’

    TEHRAN – Iranian Industry, Mining, and Trade Minister Reza Rahmani said on Thursday that the government has stored enough amounts of basic goods and there are no worries over the supply of such commodities in the country, ILNA reported.

  • construction 2020-01-01 15:22

    Construction sector’s productivity growth rate negative in past 2 years

    TEHRAN - Head of the National Iranian Productivity Organization (NIPO) says the annual productivity growth rate in the country’s construction sector has been negative for the past two years, IRNA reported on Wednesday.

  • rouhani 2020-01-01 15:14

    Development projects worth $491m inaugurated in northwestern Iran

    TEHRAN - Iranian President Hassan Rouhani, on Wednesday, inaugurated several development projects during a visit to Ardebil Province, northwestern Iran, IRNA reported.

  • stock 2020-01-01 14:54

    TEDPIX posts a new record

    TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), hit the record high of 380,000 points on Wednesday, IRNA reported.

  • NISOC 2020-01-01 14:52

    Domestic firms to develop 28 southern oil reserves

    TEHRAN – Managing Director of Iran’s Petropars Group, which is the Monitoring and Controlling (MC) body in a project for maintaining and enhancing oil production in 28 reserves operated by the National Iranian South Oil Company (NISOC), said the project will be completely handled by domestic firms.

  • metro 2019-12-31 15:24

    Rouhani inaugurates metro line worth $238m

    TEHRAN - President Hassan Rouhani inaugurated the Golshahr-Hashtgerd metro line in Alborz province, north-central Iran, on Tuesday, in a ceremony attended by senior officials including Transport and Urban Development Minister Mohammad Eslami.

  • trade 2019-12-31 15:21

    Iran’s 9-month trade balance positive

    TEHRAN – Iran’s non-oil trade with other countries registered a $100-million positive balance in the first nine months of the current Iranian calendar year (March 21 – December 21), according to the head of Iran’s Trade Promotion Organization (TPO).

  • SP 2019-12-31 14:55

    All SP phases’ offshore pipeline installations completed

    TEHRAN – Managing director of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s South Pars gas field in the Persian Gulf, said the offshore pipelines for all the remaining phases of the field have been installed and will go operational by end of the current Iranian calendar year (March 19, 2020).

  • home appliances 2019-12-30 14:50

    Iran to unveil 2 national brands of home appliances soon

    TEHRAN- Iran will unveil two national brands of home appliances in the near future, the director general of Metal Industries and Home Appliances Department of Iranian Ministry of Industry, Mining and Trade announced.

  • rouhani 2019-12-30 14:45

    Petchem industry at forefront of Iran’s non-oil exports

    TEHRAN – President Hassan Rouhani stressed the significant role of Iran’s petrochemical industry in the country’s economy in the face of U.S. sanctions, saying that it is at the forefront of the country’s non-oil exports, IRNA reported.

  • oil 2019-12-30 14:44

    Private sector exports over $1b of oil products in 4 months

    TEHRAN - Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)’s energy committee says the country’s private sector has managed to export over $1 billion worth of oil products in the first four months of the current Iranian calendar year (March 21-July 22), IRIB reported.

  • Iran-Italy 2019-12-29 17:57

    By Mahnaz Abdi

    Italians persistently willing to preserve trade with Iran under sanctions

    TEHRAN- Although the U.S. renewed sanctions against Iranian economy are preventing Iran’s European trade partners to do business with the Islamic Republic, Italian traders and businessmen seem strongly determined to preserve their trade ties with Iran.

  • eslami-rasouli 2019-12-29 14:43

    Railway fleet receives 243 new domestically-made wagons, locomotives

    TEHRAN- In a ceremony on Sunday, some 243 new domestically-made locomotives and wagons were added to the railway fleet of Iran, IRNA reported.

  • Iran-Afghanistan rail 2019-12-29 14:41

    Iran, Afghanistan to link rail networks by March 2021

    TEHRAN - Iran's Deputy Minister of Transport and Urban Development for Construction and Development of Railways, Ports and Airports said that Iran and Afghanistan’s rail networks will be connected in near future, Mehr News Agency reported.

  • IRENEX 2019-12-29 14:31

    Value of IRENEX trades exceeds $7.8b since March

    TEHRAN – The value of trades at Iran Energy Exchange (IRENEX) has reached 330 trillion rials (about $7.84 billion) since the beginning of the current Iranian calendar year (March 21), Mehr News Agency reported on Saturday, quoting the head of Iran's Securities and Exchange Organization (SEO).

  • nobakht 2019-12-28 15:02

    Over $9.4b paid for development projects in 9 months

    TEHRAN – Head of Iran’s Budget and Planning Organization (BPO) said the government has paid 395 trillion rials (over $9.4 billion) for financing development projects across the country in the first nine months of the current Iranian calendar year (March 21-December 22).

  • budget 2019-12-28 14:55

    ‘Govt. could offset budget deficit by selling assets, stocks’

    TEHRAN – Deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) says the government can compensate the probable deficits in the next year’s development budget by selling its stocks and assets.

  • CNG 2019-12-28 14:53

    BY: Ebrahim Fallahi

    Promoting CNG as the national fuel, challenges and merits

    TEHRAN – Following the implementation of the gasoline rationing scheme, the government has been promoting the use of Compressed Natural Gas (CNG) as a replacement for gasoline, and has declared the mentioned fuel as the country’s national fuel.

  • SP 14B 2019-12-27 14:26

    3rd platform of SP phase 14 goes operational

    TEHRAN- Platform 14B, which is the third platform of the phase 14 of South Pars gas field (in the Persian Gulf) development project, started operation on Wednesday, following the completion of the pipeline which transfers its gas to the refinery of phase 12.

  • Drilling 2019-12-27 14:25

    NIDC digs 88 oil, gas wells in 9 months

    TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 88 oil and gas wells during the first nine months of the current Iranian calendar year (March 21-December 21), Shana reported.

  • ardakanian 2019-12-27 14:24

    15 water projects inaugurated in northern Iran

    TEHRAN – Iran’s Energy Minister Reza Ardakanian inaugurated 15 water projects worth 60.4 billion rials (about $1.5 million) in the northern province of Gilan during a visit on Thursday.

  • Iran-Russia 2019-12-27 14:23

    Iran-Russia trade through national currencies exceeds 50%

    TEHRAN - Trade transactions in national currencies between Iran and Russia have exceeded 50 percent of the two countries’ total bilateral trade this year, said Moscow's commercial representative in Tehran, Rustam Zhiganshin.

  • minerals export 2019-12-25 14:10

    Minerals, mining industry exports to reach $10b by Mar. 2020

    TEHRAN – Iranian mining sector is expected to export up to $10 billion of minerals and mining industry products by the end of the current Iranian calendar year (March 19, 2020), IRNA reported on Wednesday, quoting an industry official as saying.

  • renewables 2019-12-25 14:09

    Renewables prevent emission of 3,048 tons GHG in 9 months

    TEHRAN – Generating electricity from renewable sources prevented the emission of Green House Gases (GHG) in Iran by 3,048 tons during the first nine months of the current Iranian calendar year (March 22-December 21).

  • bank loans 2019-12-25 13:37

    Bank loans to economic sectors rise 27% in 8 months yr/yr

    TEHRAN- Iranian banking system has paid 5.31 quadrillion rials (about $126.42 billion) of facilities to domestic economic sectors in the first eight months of the current Iranian calendar year (March 21-November 23), registering a 27.6-percent rise from the previous year’s same period, IRNA reported citing the data released by the Central Bank of Iran (CBI).

  • Budget bill 2019-12-24 17:21

    By Mahnaz Abdi

    Private sector dissatisfied with national budget bill

    On December 8, President Hassan Rouhani submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1399 to the Majlis.

  • Dejpasand 2019-12-24 14:04

    Iran has taken significant steps to counter money laundering: fin. min.

    TEHRAN - Iranian Finance and Economic Affairs Minister Farhad Dejpasand said on Monday that Iran has taken very effective and practical measures for countering money laundering and cooperation with Financial Action Task Force (FATF).