Today News
  • eaeu 2023-12-29 16:29

    ‘FTA with EAEU provides Iran access to EAEU’s $70b agricultural market’

    TEHRAN – The head of the Iran Chamber of Cooperatives (ICC) Agriculture Committee has said the signing of the Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU) has facilitated Iran’s access to the $70-billion agricultural and food products market of the EAEU nations.

  • iraq 2023-12-29 16:25

    Iranian, Iraqi oil ministries sign educational co-op MOU

    TEHRAN - The Oil Ministries of Iran and Iraq have signed a memorandum of understanding (MOU) to cooperate in the educational fields, the portal of Iranian Oil Ministry Shana reported.

  • tajikistan 2023-12-29 16:18

    Tehran, Dushanbe ink 2 cooperation MOUs

    TEHRAN – Iran and Tajikistan signed two memorandums of understanding (MOUs) for cooperation in various fields at the end of the two countries’ 16th Joint Economic Committee meeting in Dushanbe on Thursday, IRIB reported.

  • idle units 2023-12-27 12:36

    Nearly 900 idle industrial units revived in Iran since late March

    TEHRAN – Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Farshad Moghimi said that 897 idle industrial units have been revived in the country’s industrial parks and zones since the beginning of the current Iranian calendar year (March 21).

  • Iran-Russia trade 2023-12-27 11:59

    Russia allocates 6.5b-ruble credit line to Iran to expand banking ties

    TEHRAN- Russia allocated a credit line worth 6.5 billion rubles to Iran during the visit of Central Bank of Iran (CBI) Governor Mohammad-Reza Farzin to Moscow, the CBI portal published.

  • Non-oil export 2023-12-27 10:33

    Iran exports non-oil commodities worth $36.43b in 9 months

    TEHRAN- Iran exported 101.904 million tons of non-oil goods valued at $36.43 billion during the first nine months of the current Iranian calendar year (March 21-Decemebr 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

  • NPC 2023-12-26 14:39

    NPC calls for diversification of funding mechanisms in petchem industry

    TEHRAN – The head of Iran’s National Petrochemical Company (NPC) has stressed the need for using new specialized financing solutions in the petrochemical industry, Shana reported.

  • chabahar 2023-12-26 14:30

    Major projects worth $80m launched in Chabahar Port

    TEHRAN – Iranian Transport and Urban Development Minister Mehrdad Bazrpash officially launched five major infrastructure projects with a total investment of 40 trillion rials (about $80 million) in the southeastern Chabahar Port.

  • nicaragua 2023-12-26 14:24

    Iran ready to export oil products, techno-engineering services to Nicaragua

    TEHRAN – Iranian Oil Minister Javad Oji has expressed Iran’s readiness for exporting oil products and technical and engineering services to Nicaragua, Shana reported.

  • Iran-EAEU 2023-12-25 16:42

    Iran, EAEU sign free trade agreement

    TEHRAN – Iran and the member states of Eurasian Economic Union (EAEU), Belarus, Kazakhstan, Kyrgyzstan, Russia, and Armenia, signed a free trade agreement (FTA) in a ceremony in St. Petersburg on Monday, IRNA reported.

  • thermal 2023-12-25 14:21

    Thermal power plants 9-month output exceeds 280m MWh

    TEHRAN - Iran’s thermal power plants generated over 280 million megawatt-hours (MWh) of electricity in the first nine months of the current Iranian calendar year (March 21-December 21), an official with the Thermal Power Plants Holding (TPPH) announced.

  • renewable 2023-12-25 14:15

    Raisi launches project for building solar power plants with 4,000MW capacity

    TEHRAN – Iranian President Ebrahim Raisi on Monday ordered the beginning of a project for the construction of solar power plants with the capacity of 4,000 megawatts (MW) across the country.

  • port 2023-12-24 13:53

    Domestic firms ink deals worth $180m to invest in Imam Khomeini Port

    TEHRAN – Iranian private companies have signed investment deals and memorandums valued at 90 trillion rials (about $180 million) to implement development projects at Imam Khomeini Port Special Economic Zone, the head of Ports and Maritime Department of southwestern Khuzestan province, where the port is located, said.

  • azadegan 2023-12-24 13:45

    South Azadegan field production capacity increased

    TEHRAN - Iran has added 60 new wells to boost production capacity in the South Azadegan oil field, which the country shares with its neighbor Iraq, the head of the National Iranian Oil Company (NIOC) announced.

  • agricultural export 2023-12-24 06:55

    Iran’s export of foodstuffs, agricultural products to Africa up 18%

    TEHRAN- The value of Iran’s export of foodstuffs and agricultural products to Africa rose 18 percent during the first eight months of the current Iranian calendar year (March 21-November 21), the director-general of the Market Study and Development Department of Rural Cooperative Organization announced.

  • senegal 2023-12-23 13:13

    Tehran, Dakar ink 6 co-op MOUs, documents

    TEHRAN – Iran and Senegal have signed six memorandums of understanding (MOUs) and agreements at the end of the two countries’ fifth Joint Economic Committee meeting which was wrapped up in Senegal’s capital Dakar on Friday.

  • WB 2023-12-23 12:28

    Iranian economy continues to expand despite sanctions: WB

    TEHRAN – The World Bank in a recent report on Iran’s economy dubbed “Iran Economic Monitor” said the Islamic Republic’s economy has been expanding despite the sanctions and global economic conditions.

  • steel 2023-12-23 12:26

    Iran’s crude steel output rises 7.6% in November: WSA

    TEHRAN – Iran’s steel production reached at 3.0 million tons in November, registering a 7.6 percent increase compared to the previous month, according to the latest report released by the World Steel Association (WSA).

  • raisi 2023-12-22 15:02

    President Raisi inaugurates projects in Golestan Province

    TEHRAN – Iranian President Ebrahim Raisi and a group of his ministers visited Golestan province on Thursday to inaugurate some mega projects in the northeastern province, IRNA reported.

  • eaeu 2023-12-22 14:57

    Iran to become major trade partner for EAEU

    TEHRAN - Iran will become one of the most important trade partners of the Eurasian Economic Union (EAEU) with the signing of a Free Trade Agreement (FTA) between the two sides, said the union’s minister in charge of trade.

  • pmo 2023-12-22 14:35

    PMO inks 31 investment deals, MOUs worth $1b with private firms

    TEHRAN – During a national conference on maritime-oriented development which was held on the occasion of National Ports and Maritime Day, 31 major contracts and memorandums of understanding (MOUs) worth 500 trillion rials (about $1.0 billion) were signed with domestic and foreign private sector companies for investment in the country's ports.

  • Export  to Pakistan 2023-12-22 13:34

    Iran exports non-oil goods worth $1.3b to Pakistan in 8 months

    TEHRAN - Iran has exported non-oil commodities valued at $1.3 billion to Pakistan during the first eight months of the current Iranian calendar year (March 21-November 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

  • ICCIMA 2023-12-20 13:56

    ICCIMA calls on govt. to exempt small mines from export duties

    TEHRAN – During a meeting of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)’s Mining and Mineral Industries Committee, the members called on the government to exempt small mines from paying export duties, the ICCIMA portal reported on Wednesday.

  • budget 2023-12-20 13:27

    MPs approve general outlines of national budget bill

    TEHRAN - The Iranian parliament approved the general outlines of the national budget bill for the next Iranian calendar year 1403, which starts on March 20, 2024, IRNA reported.

  • salehi 2023-12-20 13:27

    Iran’s annual rail transit expected to set new record: RAI head

    TEHRAN - Iran’s rail transit is going to set a new record in the current Iranian calendar year (ends on March 20, 2024), according to the head of the Islamic Republic of Iran Railways (RAI).

  • Steel export 2023-12-19 15:15

    Steel export rises 15.5% in 8 months on year

    TEHRAN- Iran’s steel export increased by 15.5 percent during the first eight months of the current Iranian calendar year (March 21-November 21), compared to the same period in the past year, the Iranian Steel Producers Association (ISPA) announced.

  • shahmirzaei 2023-12-19 14:53

    Iran seeks to build petrochemical complexes abroad: NPC head

    TEHRAN – Head of Iran’s National Petrochemical Company (NPC) Morteza Shahmirzaei has said the company has put it on the agenda to build extraterritorial petrochemical complexes, especially in neighboring countries.

  • petrotech 2023-12-19 14:50

    Petrotech 2023 conference underway in Tehran

    TEHRAN - The second edition of the conference and exhibition of technology management of knowledge-based products in Iran's oil industry (Petrotech 2023) was opened in Tehran on Tuesday, Shana reported.

  • transport 2023-12-18 13:06

    Tehran hosting intl. transportation exhibition

    TEHRAN - The seventh International Exhibition of Transportation, Logistics, and Related Industries was opened at Imam Khomeini Grand Prayer Campus (Mosalla) on Monday, IRNA reported.

  • oil 2023-12-18 11:38

    Iran’s low-yielding oilfields to be restored by late Mar. 2024

    TEHRAN - Head of Oil and Gas Innovation and Technology Park Mohammad Esmaeil Kefayati has said the first barrel of oil from the country’s low-yielding oil fields that are being restored by knowledge-based companies is expected to be extracted by the end of the current Iranian calendar year (late March 2024), Shana reported.