September 16, 2019

INSTEX chairman visiting Iran

TEHRAN - Chairman of INSTEX Michael Erhard Bock, who is visiting Tehran to discuss the implementation of the instrument with senior Iranian officials, met with the Head of German-Iranian Chamber of Commerce (AHK Iran) Dagmar von Bohnstein on Monday.
September 16, 2019

Over 600 companies to attend IRAN PLAST 2019

TEHRAN- Iran’s 13th International Exhibition of Plastic, Rubber, Machinery and Equipment (IRAN PLAST) will host 570 Iranian and 35 foreign companies at the Tehran International Permanent Fairground from September 22 to 25, managing director of National...
September 15, 2019

IRENEX to hold 15th round of offering light crude oil on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at the international ring of Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
September 15, 2019

Iran ranks 27th among world’s biggest economies: WB

TEHRAN – Having a 0.53 percent share of the global economy, Iran holds the 27th place in the list of world’s top economies, according to the World Bank (WB).
September 15, 2019

Monthly steel exports up 37% yr/yr

TEHRAN- Crude steel exports by Iran’s major steel producers during the fifth Iranian calendar month of Mordad (July 23-August 22) rose 37 percent compared to the same month in the previous year, IRIB reported citing the data released by Iranian Mines a...
September 15, 2019

Drone strikes disrupt almost half of Saudi oil capacity

Drone attacks claimed by Yemen’s Houthi rebels struck two key oil installations inside Saudi Arabia on Saturday, damaging facilities that process the vast majority of the country’s crude output and raising the risk of a disruption in world oil supplies...
September 15, 2019

Iran to hold exclusive expo of products in Sulaymaniyah in late Dec.

TEHRAN- Iran’s Trade Promotion Organization (TPO) will hold an exclusive exhibit of Iranian products in Sulaymaniyah in Iraqi Kurdistan from December 24 to 28, TPO portal published.
September 15, 2019

E-Commerce Development Center to launch electronic signature next month

TEHRAN- E-Commerce Development Center of Iran will launch electronic signature system for order registration process in the next Iranian calendar month (starts on September 23), the chairman of the center announced in a press conference held at the pla...
September 15, 2019

‘All remaining South Pars platforms to be installed by March 2020’

TEHRAN – Head of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s South Pars gas field in the Persian Gulf, said all the remaining platforms of the field will be installed by the end of the current Iranian calendar year (March 1...
September 14, 2019

Copper concentrate output 5,000 tons more than anticipation

TEHRAN- Production of copper concentrate by Iran’s National Copper Company during the first five months of the current Iranian calendar year (March 21-August 22) has been 5,000 tons more than the anticipated figure, IRIB reported citing the data releas...
September 14, 2019

Tehran hosting intl. grains, bakery expo

TEHRAN – The 12th edition of Iran’s International Grain, Flour, and Bakery Industry Exhibition (IBEX2019) kicked off at Tehran Permanent International Fairgrounds on Friday, IRNA reported.
September 14, 2019

Iran to hold pavilion at 46th Baghdad intl. trade expo

TEHRAN – Iran’s Trade Promotion Organization (TPO) is planning to open Iranian pavilion at the Iraq’s 46th international trade exhibition which is due to be held during November 1-10 in Baghdad.
September 14, 2019

‘Turkish companies eager for investment in Iran’

TEHRAN – Head of Iran-Turkey Joint Chamber of Commerce said among all foreign companies the Turkish companies are more willing to invest in Iran, IRNA reported on Saturday.
September 14, 2019

Commodities worth $547m traded at IME in a week

TEHRAN- During weekdays ending up to September 12, while 429,093 tons of commodities worth over $547 million were traded at Iran Mercantile Exchange (IME), the exchange market experienced a growth of 17 percent in its trading value.
September 14, 2019

Iran’s refining capacity reaches 2.3m bpd

TEHRAN - Daily processing capacity of Iranian refineries has reached 2.3 million barrels, according to Alireza Sadeq-Abadi, the managing director of National Iranian Oil Refining and Distribution Company (NIORDC).
September 14, 2019

POGC, Petropars ink $440m gas deal

TEHRAN - Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s giant South Pars gas field, signed a $440-million deal with an Iranian company called Petropars on Saturday for development of Belal gas field which is located east of So...
September 14, 2019

South Pars phase 11 to go on stream by Sept. 2021: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the phase 11 of South Pars gas field’s development project will go on stream by the first half of the Iranian calendar year of 1400 (September 22, 2021).
September 13, 2019

Over 66m tons of goods loaded, unloaded at Iran’s ports since March

TEHRAN- Over 66 million tons of goods have been loaded and unloaded at ports of Iran since the beginning of current Iranian calendar year (March 21), IRIB reported quoting the head of Ports and Maritime Organization (PMO) as saying.
September 13, 2019

Project for indigenizing oil industry equipment progresses over 50%

TEHRAN – A project for indigenizing 10 major oil industry equipment items has witnessed over 50 percent progress, IRIB reported on Wednesday, quoting an official with National Iranian Oil Company (NIOC).
September 13, 2019

TEDPIX moving toward 300,000 points

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has risen 9,752 points, or 3.36 percent, to 299,931 during the five working days of the past Iranian calendar week (Saturday to Wednesday), Tasnim news agency reported.