December 11, 2019

Exclusive exhibition of Iranian products opens in Tashkent

TEHRAN- An exclusive exhibition of Iranian products opened in Uzbekistan capital city Tashkent on Wednesday and will wrap up on Friday, Shata reported.
December 11, 2019

China strongly opposes U.S. unilateral sanctions against Iran: envoy

TEHRAN - Chinese Ambassador to Iran Chang Hua voiced his country’s strong opposition with the U.S.’s unjust and unilateral sanctions against Iran in a meeting with the Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-...
December 11, 2019

‘Plan for development of Iran’s southern oil fields underway’

TEHRAN – National Iranian South Oil Company (NISOC) has started implementing a program for maintaining and enhancing oil production in 28 reserves operated by the company, ISNA reported on Wednesday, quoting NISOC managing director as saying.
December 10, 2019

‘Reforming culture of consumerism helps economy’

TEHRAN - Secretary of the Supreme Council of the Cultural Revolution Seyed Saeed Reza Ameli said on Tuesday that reforming culture of consumerism helps develop economy.
December 10, 2019

Free Zones High Council inks technological co-op MOU with PTP

TEHRAN - Iranian Free Zones High Council Secretariat and Pardis Technology Park (PTP) signed a Memorandum of Understanding (MOU) on Tuesday with the aim of developing and enhancing innovation and technology in the country’s free and special economic zo...
December 10, 2019

Exports of Iranian SMEs at $1.5b in Mar.-Nov.

TEHRAN - Iranian small and medium-sized enterprises (SMEs) exported $1.5 billion worth of commodities in the first eight months of the current Iranian calendar year (March 21-November 23), IRNA reported, quoting an official with Iran Small Industries a...
December 10, 2019

Tehran, Tashkent explore expansion of trade ties

TEHRAN- During a meeting between Iran’s Trade Promotion Organization (TPO) Head Hamid Zadboum and Uzbekistan’s deputy minister of investment and foreign trade, the two sides discussed the ways for strengthening their bilateral trade, TPO portal reporte...
December 10, 2019

NIORDC, IKCO ink MOU to add dual-fuel cars to public transport fleet

TEHRAN - National Iranian Oil Refining and Distribution Company (NIORDC) and Iran’s state-owned Iran Khodro Company (IKCO) signed a memorandum of understanding (MOU) to add new dual-fuel vehicles to the country’s public transportation fleet.
December 10, 2019

TEDPIX surpasses record high of 340,000 points

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 4,813 points to stand at 340,605 on Tuesday, Mehr news agency reported.
December 10, 2019

Seminar for introducing Indonesian market slated for late Dec.

TEHRAN – Iran’s Trade Promotion Organization (TPO) plans to hold a seminar on December 31, to introduce potentials and capacities of the Indonesian market for Iranian traders and businessmen, the TPO portal announced.
December 10, 2019

ISIPO to revive 1400 idle production units by March 2020

TEHRAN – Iran Small Industries and Industrial Parks Organization (ISIPO) plans to revive 1400 idle production units by the end of the current Iranian calendar year (March 19, 2020), IRNA reported on Monday, quoting a deputy with ISIPO.
December 10, 2019

‘Iranian electricity industry expanding presence in region’

TERHAN – Iranian Energy Minister Reza Ardakanian said the country’s power industry is expanding its activities in the region’s markets, the portal of the Energy Ministry (Paven) reported.
December 10, 2019

Iran exports $27b of non-oil products in 8 months

TEHRAN- Iran exported $27 billion of non-oil commodities during the eight-month period from March 21 to November 23, IRIB reported on Tuesday citing the data released by Islamic Republic of Iran Customs Administration (IRICA).
December 9, 2019

Stability to come back to forex market: CBI governor

TEHRAN- The governor of the Central Bank of Iran (CBI) said that the bank will bring stability back to the forex market, IRIB reported.
December 9, 2019

Tehran hosting intl. exhibitions of paint, textile

TEHRAN- Two international exhibitions kicked off at Tehran Permanent International Fairgrounds on Monday and will run until Thursday, IRIB reported.
December 9, 2019

TPO to hold seminar for introducing Indian market

TEHRAN – Iran’s Trade Promotion Organization (TPO) plans to hold a seminar on December 18, to introduce potentials and capacities of the Indian market for Iranian traders and businessmen, the TPO portal announced.
December 9, 2019

Iran, Oman ink agreement to broaden maritime co-op

TEHRAN – Iran, and Oman signed a maritime cooperation agreement on Sunday aiming for boosting maritime transportation between the two countries, the portal of Iran’s Ports and Maritime Organization (PMO) reported.
December 9, 2019

Iran expects to sell 1m bpd of oil at $50 next year

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at a...
December 9, 2019

Iran’s gas industry to be fully indigenized within 5 years

TEHRAN - Head of National Iranian Gas Company (NIGC) said his company is seriously pursuing a plan for indigenizing all the technology and equipment needed in the country’s gas industry within the next five years, IRIB reported on Monday.
December 9, 2019

FDI in Iran rises 20% in 7 months on year

TEHRAN- Foreign direct investment (FDI) in Iran has risen 20 percent during the first seven months of the current Iranian calendar year (March 21-October 22) from the same period of time in the past year, Iranian Finance and Economic Affairs Minister F...