September 13, 2019

OPEC+ considers possibility of U.S. easing Iran sanctions

TEHRAN – Organization of the Petroleum Exporting Countries and its allies (known as OPEX+), In its latest committee meeting on Thursday, discussed reports that the United States might ease sanctions imposed on Iran’s oil sale and what impact they might...
September 13, 2019

Iran seeking gas exports to Europe through Turkey: NIGC head

TEHRAN – Head of National Iranian Gas Company (NIGC) said Iran is seriously following up on exporting gas to Europe through Turkey, ILNA reported.
September 13, 2019

VP stresses coordination with private sector in drafting executive regulations

TEHRAN - Iranian First Vice-President Es’haq Jahangiri has stressed the need for consulting and coordination with the country’s private sector before making any executive bylaws or regulations, the portal of Tehran Chamber of Commerce, Industries, Mine...
September 7, 2019

PMO to transfer small ports development to private sector by next 2 months

TEHRAN- Iran’s Ports and Maritime Organization (PMO) has finished a plan to study and investigate the status of small ports in the country to transfer their development to the private sector by the next two months, a deputy at the organization said on ...
September 7, 2019

NIOC to offer 2m barrels of gas condensate at IRENEX on Wednesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at Iran Energy Exchange (IRENEX) on Wednesday, IRNA reported.
September 7, 2019

TEDPIX gains 4,400 points in a day

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE) rose 4,400 points to 294,601 on Saturday, IRIB reported.
September 7, 2019

Copper cathode output at 110,000 tons in 5 months

TEHRAN- Production of copper cathode in Iran reached 110,000 tons during the first five months of the current Iranian calendar year (March 21-August 22), IRIB quoted Ardeshir Sa’d-Mohammadi, the managing director of Iran’s National Copper Company, as s...
September 7, 2019

Trade between Iran, U.S. at $49m in 7 months

TEHRAN – The value of trade between Iran and the U.S. stood at $49 million from January to July 2019, according to the latest report released by American Statistical Association (ASA).
September 7, 2019

Iran-EU trade stands at €2.5b in H1

TEHRAN- The trade between Iran and European Union countries during the first half of 2019 stood at €2.56 billion, Tasnim news agency reported citing the latest report of European Union’s statistics agency Eurostat.
September 7, 2019

Iran, Afghanistan to accelerate electricity co-op: Iranian energy min.

TEHRAN- Iran and Afghanistan have agreed to accelerate their cooperation in the electricity sector through setting up a joint taskforce, Iranian Energy Minister Reza Ardakanian told IRNA in an interview on Saturday.
September 6, 2019

IOOC saves €300m in operation costs annually: CEO

TEHRAN – Managing Director of the Iranian Offshore Oil Company (IOOC) said his company has been saving 300 million euros in its annual expenses since 2016 through structural modifications and regulations, Shana reported.
September 6, 2019

IOOC saves €300m in operations annually: CEO

TEHRAN – Managing Director of the Iranian Offshore Oil Company (IOOC) said his company had been saving 300 million euros in its annual expenses since 2016 through structural modifications and regulations, Shana reported.
September 6, 2019

TEDPIX gains 11,504 points in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has risen 11,504 points, or four percent, to 278,674 during the five working days of the past Iranian calendar week (Saturday to Wednesday), IRNA reported.
September 6, 2019

TPO to hold 18th exhibition of Iranian products in Yerevan in late Sep.

TEHRAN- Iran’s Trade Promotion Organization (TPO) will hold the 18th exhibition of Iranian products and conference on investment opportunities in Iran in the Armenian capital city of Yerevan from September 28 to 30, TPO portal reported.
September 6, 2019

Railway development highly dependent on private sector’s involvement

Expanded transportation via railway is today one of the major pillars of sustainable development for the countries; and it is why the governments usually allocate noticeable funds and resources to development of railway.
September 6, 2019

Exports from Iran to Turkey stands at $2.8b in 7 months

TEHRAN- The value of Iran’s export to its neighbor Turkey stood at $2.8 billion during the first seven months of 2019, ILNA reported citing a report released by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).
September 6, 2019

Russia, India to continue economic co-op with Iran: statement

TEHRAN - Russia and India said in a joint statement on Wednesday that they both will continue their trade and economic cooperation with Iran, Sputnik reported.
September 6, 2019

Russia considering investment in Iran’s oil industry: Novak

TEHRAN - Russian Energy Minister Alexander Novak says Moscow is mulling over investment in Iran's oil industry, which is currently the target of U.S. sanctions aimed at drive the country’s oil exports to zero.
September 4, 2019

Exports from small industrial units up 15% in 5 months on year

TEHRAN- The value of exports from Iranian small-sized industrial units has increase 15 percent during the first five months of the current Iranian calendar year (March 21-August 22) compared to the figure of the same period of time in the past year, IR...
September 4, 2019

Next year’s budget bill to be submitted to parliament on schedule

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said the government will submit the budget bill for the next Iranian calendar year (starts on March 20, 2020) to the parliament on December 6 as it is scheduled, IRIB reported on Tuesday.