November 15, 2019

Iran starts gasoline rationing, raises fuel prices

TEHRAN – The Iranian government started on Friday rationing of subsidized gasoline and increased fuel prices as it plans to use the revenue for supporting underprivileged families.
November 13, 2019

Poland calls for a roadmap to expand trade ties with Iran

TEHRAN – Polish ambassador in Tehran called for creating a clear roadmap for restoring trade relations with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
November 13, 2019

Steel exports by major producers up 8% in 7 months on year

TEHRAN- Exports of steel by ten major producers in Iran hit 4.049 million tons in the first seven months of the current Iranian calendar year (March 21-October 22), up eight percent compared to the same period of time in the past year, IRNA reported on...
November 13, 2019

France seeking a formula to remove Iran sanctions barrier: envoy

TEHRAN – French Ambassador to Tehran Philippe Thiebaud said his country is seeking a formula to remove the barriers created by the U.S. sanctions in the way of trade with Iran, portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCI...
November 13, 2019

Tax exemptions in FTZs under debate

Development of existing free trade zones (FTZs) and establishment of new FTZs is currently one of the major economic approaches of Iran and in a bid to attract more investments to these zones Iranian government offers various incentives to the investors.
November 13, 2019

‘Plan for rationing subsidized gasoline to be finalized in a week’

TEHRAN – Iran’s government spokesman Ali Rabiei said on Wednesday the details of a government plan for rationing subsidized gasoline will be finalized by the next week, Tasnim news agency reported.
November 13, 2019

3rd platform of SP phases 22-24 installed

TEHRAN- Platform SPD-23, which is the third platform of the phases 22, 23, 24 of South Pars gas field (in the Persian Gulf) development project was installed at its designated offshore place in phase 23, on Tuesday.
November 13, 2019

Iran to hold over 6% share of world’s petchem production by 2025

TEHRAN - Head of Iran’s National Petrochemicals Company (NPC) says by the Iranian calendar year of 1404 (starts in March 2025) Iran’s petrochemical industry will be accounting for 6.2 percent of the total global petrochemical output.
November 12, 2019

Syria ready to provide facilities to Iranian companies: envoy

TEHRAN - Syrian ambassador to Tehran expressed his country’s readiness for providing facilities to Iranian companies which contribute to Syria’s reconstruction, IRNA reported on Tuesday.
November 12, 2019

Copper projects worth €2.5b underway across Iran

TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said €2.5 billion worth of projects in the copper industry are underway across the country including Kerman, Yazd and East Azarbaijan provinces, IRNA reported on Tuesday.
November 12, 2019

TEDPIX gains 2,711 points in a day

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 2,711 points to 306,655 on Tuesday, IRNA reported.
November 12, 2019

Oil ministry inks 26 major research-based deals with universities

TEHRAN – Iranian deputy oil minister for engineering, research and technology affairs said the ministry has signed 26 major deals with the country’s universities, IRNA reported.
November 12, 2019

Iran accounts for 62% of Middle East’s crude steel output

TEHRAN – Iranian industry, mining and trade minister said on Monday that the country holds a 62-percent share of the Middle East’s total crude steel production and it is planning to further increase this share, Shata reported.
November 11, 2019

Rouhani inaugurates several development projects in southeastern province

TEHRAN- Iranian President Hassan Rouhani inaugurated several development projects in the southeastern province of Kerman on Monday, IRNA reported.
November 11, 2019

‘Trade agreement with EAEU a new important experience for Iran’

TEHRAN- Head of Iran’s Trade Promotion Organization (TPO) said that the trade agreement with the Eurasian Economic Union (EAEU) is a new and important experience for his country in the field of trade and economy.
November 11, 2019

Iran’s next budget bill won’t be biennial: PBO head

TEHRAN - Head of Iran’s Planning and Budget Organization (PBO) said the next year’s budget plan is not going to be biennial as it was previously reported.
November 11, 2019

Details of Iran’s newly discovered oil reservoir unveiled

TEHRAN –Iranian Oil Minister Bijan Namdar Zanganeh briefed the press on the details of the newly discovered 53-billion oil reservoir in an unveiling ceremony in Tehran on Monday.
November 11, 2019

ICCIMA to dispatch trade delegation to Tashkent in mid-Dec.

TEHRAN- Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will dispatch a trade delegation to Uzbekistan’s capital city of Tashkent from December 11 to 13 concurrent with the 13th meeting of Iran-Uzbekistan Joint Economic Committee.
November 11, 2019

Industry ministry following 34 programs to promote production

TEHRAN - Iran’s Ministry of Industry, Mining and Trade is implementing 34 executive programs for promoting domestic production across the country in the current Iranian calendar year (began on March 21), ILNA reported on Monday, quoting the industry mi...
November 11, 2019

Iran hosting 7th UIC Next Stations Conference

TEHRAN- Islamic Republic of Iran Railways (known as RAI) is hosting the 7th UIC Next Stations Conference in Tehran from November 11 to 13, IRNA reported.