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2023-03-03 16:08
Russia’s chief banker to visit Iran soon
TEHRAN - The Governor of the Central Bank of the Russian Federation Elvira Nabiullina is expected to visit Iran in the near future, Iranian Ambassador to Moscow Kazem Jalali said.
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2023-03-03 16:08
Pakistan could face $18b penalty for IP gas pipeline delay
TEHRAN - Pakistan risks a fine of $18 billion for not completing the Iran-Pakistan gas pipeline project (known as the IP pipeline) in the timeframe stipulated in the agreement, according to a member of the National Assembly of Pakistan.
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2023-03-01 13:38
Iran to open trade center in South Africa soon
TEHRAN – The Islamic Republic of Iran is planning to open a trade center in South Africa in the near future, the country’s Trade Promotion Organization (TPO) announced in a statement.
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2023-03-01 13:36
CEO of Russia’s Gazprom visits Iran seeking expansion of energy ties
TEHRAN - During a visit to Iran, a delegation from Russia’s state-owned Gazprom led by the holding's Chairman of the Management Committee (CEO) Alexey Miller met with officials from the Iranian Oil Ministry and discussed energy cooperation, Tasnim news agency reported.
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2023-03-01 13:34
Iran, Brazil need to boost trade ties: envoy
TEHRAN - Brazilian Ambassador to Iran Laudemar Gonsalves de Aguiar Neto said on Tuesday that Tehran and Brasília need to enhance their bilateral trade relations, IRIB reported.
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2023-02-28 16:38
TEDPIX rises 29,000 points on Tuesday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), gained 29,050 points to 1.838 million on Tuesday.
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2023-02-28 16:38
Govt., private sector dialogue council to offer special package for managing forex market
TEHRAN - The 116th dialogue council of the government and the private sector was held in Tehran on Tuesday, in which the council announced preparing a special proposal package for managing the foreign currency market.
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2023-02-28 16:38
‘Over $575m needed to complete semi-finished agricultural projects’
TEHRAN – Iran’s Deputy Agriculture Minister Safdar Niazi has said 260 trillion rials (about $575.13 million) is needed for completing semi-finished agricultural projects across the country, Mehr News Agency reported.
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2023-02-27 13:05
Dam reservoirs increase by 6%
TEHRAN - The total volume of water in Iran’s dam reservoirs has reached 23.35 billion cubic meters since the beginning of the current water year (September 23, 2022) up to February 25, showing a six percent increase compared to the same period last year.
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2023-02-27 13:05
China ready to partake in Iran’s maritime projects
TEHRAN - Head of the Supreme Council of Marine Industries’ Secretariat Saeed Jafari said China has expressed readiness to participate in Iran’s maritime projects, IRNA reported.
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2023-02-27 13:05
Iran’s 11-month non-oil exports rise over 12%
TEHRAN – The value of Iran’s non-oil exports rose 12.22 percent during the first 11 months of the current Iranian calendar year (March 21, 2022-February 19, 2023), as compared to the same period of time in the past year.
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2023-02-26 16:24
Commodities worth more than $836m traded at IME in a week
TEHRAN- During the past Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) witnessed trade of 1,970,854 tons of commodities and 10,000 vehicles with a total trading value of more than $836 million, posting growth of 4.56 percent in value of trades compared with the week before that.
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2023-02-26 16:24
Over 700,000 tons of sponge iron exported in 10 months
TEHRAN- As announced by Iranian Steel Producers Association (ISPA), 744,000 tons of sponge iron were exported in the first ten months of the current Iranian calendar year (March 21, 2022-January 20, 2023).
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2023-02-26 16:24
TEDPIX rises 65,000 points on Sunday
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 65,520 points to 1.804 million on Sunday.
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2023-02-25 12:17
By Mahnaz Abdi
Orchard reform plan leads to horticultural production growth
TEHRAN- Currently, orchards are the most important center of production of agricultural products for export in Iran, and horticulture is the most central sector in the country’s agricultural export.
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2023-02-25 11:27
Iran’s annual export to India rises 60%
TEHRAN - The value of Iran’s export to India increased by 60 percent in 2022 as compared to the preceding year, according to the data released by the Indian Ministry of Commerce and Industry.
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2023-02-25 10:38
NIDC digs 93 oil, gas wells in 11 months
TEHRAN - National Iranian Drilling Company (NIDC) dug and completed the digging operations of 93 oil and gas wells during the first 11 months of the current Iranian calendar year (March 21, 2022-February 19, 2023), an official with the company said.
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2023-02-24 14:45
Tehran hosting intl. exhibition of fruit, vegetable industry
TEHRAN - The first Specialized Exhibition of Iran’s Fruit and Vegetable Industry (Fruit Show) kicked off at Tehran’s Shahr-e-Aftab Exhibition Center on Thursday, IRIB reported.
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2023-02-24 14:45
Iran climbs to 9th place among world’s top steel producers: WSA
TEHRAN – Iran is ranked ninth among the world’s top steel-producing countries, rising one place in the list of the world’s top steel-makers, according to the World Steel Association.
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2023-02-24 14:43
Tehran hosts 13th RCUWM board meeting
TEHRAN - The 13th meeting of the Regional Centre on Urban Water Management (RCUWM)’s governing board was held in Tehran on Thursday.
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2023-02-24 10:33
Car manufacturing rises 25% in 11 months on year
TEHRAN- Car manufacturing in Iran increased by 25 percent during the first eleven months of the current Iranian calendar year (March 21, 2022-February 19, 2023), as compared to the same period of time in the past year, according to the data released by the Ministry of Industry, Mining and Trade.
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2023-02-22 13:52
2,300 production units put into operation in Iran since last March
TEHRAN- Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Ali Rasoulian said that 2,300 production units have been put into operation across the country since the beginning of the current Iranian calendar year (March 21, 2022), IRNA reported.
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2023-02-22 11:50
Iran raises March oil prices for Asian buyers
TEHRAN – National Iranian Oil Company (NIOC) has raised its official crude oil selling prices (OSP) for Asian buyers in March, Reuters reported on Wednesday, quoting an industry source.
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2023-02-22 09:55
Over 46,000 tons of pistachios exported in 10 months
TEHRAN- Iran exported over 46,000 tons of pistachios in the first ten months of the current Iranian calendar year (March 21, 2022-January 20, 2023), Arsalan Qasemi, the chairman of Agriculture and Food Industries Committee of Iran Chamber of Cooperatives (ICC), announced.
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2023-02-21 14:07
‘Reallocation, most essential way to manage water crisis in Iran’
TEHRAN – The director of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)’s biannual water economy conference said the most important measure for managing the water crisis in Iran is to pay special attention to water reallocation.
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2023-02-21 14:00
CBI launches currency, gold exchange center
TEHRAN - The Central Bank of Iran (CBI)’s center for the exchange of currency and gold was officially launched on Tuesday in a ceremony attended by the bank's officials, the CBI portal reported.
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2023-02-21 10:22
Economic co-op with China can be very fruitful for Iran: minister
TEHRAN – Iranian Industry, Mining, and Trade Minister Reza Fatemi-Amin has said economic cooperation with China can be beneficial for the Islamic Republic in the long run, IRNA reported.
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2023-02-20 17:07
‘Currency, gold exchange center to control market fluctuations’
TEHRAN- The Central Bank of Iran (CBI) will open a new center for the exchange of currency and gold on Tuesday in order to control the market fluctuations and determine the rates based on the economic realities of the country, the CBI Governor Mohammad-Reza Farzin announced in a live TV program on Monday.
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2023-02-20 14:45
Aluminum ingot output up 17% in 10 months on year
TEHRAN – Production of aluminum ingot in Iran rose 17 percent in the first ten months of the current Iranian calendar year (March 21, 2022-January 20, 2023), as compared to the same period of time in the past year, according to the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
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2023-02-20 12:01
‘Iran, China industrial agreements to be implemented within 2 months’
TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) has said that the agreements reached between Iran and China during President Ebrahim Raisi’s visit to Beijing, are expected to be implemented within two months, Tasnim News Agency reported on Monday.