December 30, 2018

Russia turns down permanent alliance with OPEC 

Moscow has ditched the idea of launching a joint structure with the Organization of the Petroleum Exporting Countries (OPEC) but will continue to cooperate with major oil producers, according to the Russian energy ministry.
December 29, 2018

Iranian trade delegation to visit India in early January

TEHRAN – An Iranian trade delegation headed by the chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is due to accompany Iranian foreign minister in his visit to India in January 7, 2019, the portal of ICCIMA reported.
December 29, 2018

ICCIMA to dispatch trade delegation to Baku in early February

TEHRAN- In collaboration with Iran-Azerbaijan Joint Chamber of Commerce, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) plans to dispatch a trade delegation to Baku in early February 2019.
December 29, 2018

Saffron exports up 44% in 8 months on year

TEHRAN- Iran exported $252 million of saffron during the first eight months of the current Iranian calendar year (March 21-Novemebr 21), showing 44 percent growth from the figure of the same period of time in the preceding year, according to the direct...
December 29, 2018

Domestic production a focal point in next year’s budget bill

TEHRAN- Iranian deputy industry minister announced that in the budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019) specific attention has been paid to domestic production and renovation of domestic industries, IRNA reported...
December 29, 2018

Chabahar trilateral agreement to take effect on Feb. 26

TEHRAN- According to the deputy head of Iran’s Ports and Maritime Organization (PMO) for ports and economic affairs, the trilateral agreement between Iran, India and Afghanistan on transit of goods via Iran’s southeastern port of Chabahar will be offic...
December 28, 2018

GDP growth at 0.4% in H1

TEHRAN- Iran's growth of gross domestic product (GDP) stood at 0.4 percent in the first half of the current Iranian calendar year (March 21-Septemebr 22, 2018), Tasnim news agency reported citing the data released by the Statistical Center of Iran (SCI).
December 28, 2018

Iran-Slovakia double taxation avoidance agreement to take effect on Jan. 1

TEHRAN- A double taxation avoidance agreement between Iran and Slovakia will take effect in Slovakia on January 1, 2019, Iranian Ministry of Foreign Affairs published on its website.
December 28, 2018

Tehran, Islamabad to expand co-op in road transportation

TEHRAN – Iran and Pakistan signed a memorandum of understanding (MOU) to expand cooperation in international road transportation, IRNA reported on Thursday citing the portal of Iran Road Maintenance and Transportation Organization.
December 28, 2018

‘Turkey expects extension of waiver for importing oil from Iran’

TEHRAN- Turkey expects the U.S. to extend its sanctions waiver on importing Iranian oil, Bloomberg reported on Thursday quoting Turkish Trade Minister Ruhsar Pekcan.
December 28, 2018

Iran, Iraq ink MOU on energy cooperation

TEHRAN – Iran and Iraq signed a memorandum of understanding (MOU) for cooperation in energy sector, IRNA reported on Thursday.
December 28, 2018

Bahrain’s top cleric Sheikh Isa Qassim meets Ayatollah Sistani in Najaf

Ayatollah Sheikh Isa Qassim, a leading Bahraini cleric, met with Iraq’s top religious leader Ayatollah Ali Sistani in the Iraqi holy city of Najaf on Friday, IRNA reported.
December 27, 2018

21st ACI Iran Chapter Annual Convention running in Tehran

TEHRAN - The 21st Edition of American Concrete Institute (ACI) Iran Chapter Annual Convention kicked off on Wednesday in Tehran, IRIB reported.
December 26, 2018

Integrated management system for transport projects launched in 17 provinces

TEHRAN- An integrated management system on roads and transport projects was launched in 17 provinces of the country, IRNA reported quoting the deputy head of Iran's Road Maintenance and Transportation Organization (RMTO) for planning.
December 26, 2018

India likely to continue purchasing oil from Iran in 2019

TEHRAN- Senior officials in the Indian government said India is likely to continue purchasing oil from Iran in 2019, the Hindu Business Line reported.
December 26, 2018

Switzerland to launch a payment channel for Iran by mid-Jan.

TEHRAN – Switzerland is going to launch a payment channel for Iran in mid-January 2019, which allows its companies to sell food, medicine and medical devices to the country, Sharif Nezam-Mafi, the chairman of Iran-Switzerland Joint Chamber of Commerce,...
December 26, 2018

Iran to sell 3m barrels of oil to private sector at IRENEX

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh announced on Wednesday that the heads of the three branches accorded to sales of three million barrels of crude oil at Iran Energy Exchange (IRENEX) via a 100-percent-rial mechanism, IRNA reported.
December 26, 2018

How rent a car in Iran

You can imagine don’t have a car, and you have lost the power of buying a car due to expensive cars prices. Or, in light of the troubles of cost of repairing cars, and especially the more expensive parts (both local and imported cars), it’s possible to...
December 26, 2018

Budget bill and national interests

TEHRAN - Finally the administration submitted the national budget bill to parliament for the next year which starts on March 21, 2019. As Mohammad Reza Nobakht, director of the Management and Planning Organization, had announced on Dec. 6, there was no...
December 25, 2018

Tehran hosting Iran-made products exhibit

TEHRAN – The seventh edition of an exhibition which showcases latest Iranian products and services is running at Tehran’s Imam Khomeini Mosalla during December 25-28, IRIB reported.