August 30, 2019

Iran, Armenia discuss electricity swap

TEHRAN - Iran's Ambassador to Armenia Kazem Sajjadi held talks with Minister of Territorial Administration and Infrastructure of the Republic of Armenia Suren Papikyan on Thursday to discuss energy swap between Tehran and Yerevan.
August 30, 2019

Trade deal between Iran, EAEU to take effect in late October: sources

TEHRAN - A trade agreement between Iran and the Eurasian Economic Union (EAEU) will officially come into force on October 27, Press TV reported citing Russian media and remarks by Iranian Energy Minister Reza Ardakanian.
August 30, 2019

Iran, Syria determined to expand trade ties

TEHRAN – Iran and Syria’s first joint trade committee meeting was held in Damascus on Wednesday, during which the two sides stressed their willingness for further expansion of economic ties.
August 30, 2019

Iran appoints new commercial attaché in Iraq’s Basra

TEHRAN – The new acting head of Iran’s Trade Promotion Organization said Iran has dispatched a second commercial attaché to Iraq's Basra City, Tasnim news agency reported on Friday.
August 29, 2019

Iran, largest producer of gasoline in region, among OPEC member states

With the daily production capacity of 115 million liters of gasoline per day, Islamic Republic of Iran is the largest producer of gasoline in the region and also among Organization of Petroleum Exporting Countries’ (OPEC) member states.
August 28, 2019

Capital market attracts over $700m of liquidity: SEO head

TEHRAN- Iranian capital market has attracted 30 trillion rials ($714.2 million) of liquidity at Tehran Stock Exchange (TSE) and over-the-counter (OTC) market known as Iran Fara Bourse (IFB), IRIB reported quoting Shapour Mohammadi, the head of Iran’s S...
August 28, 2019

NIOPDC offers 1000 tons of gasoil at IRENEX

TEHRAN - National Iranian Oil Products Distribution Company (NIOPDC) offered 1000 tons of gasoil at the base price of $567 at the international ring of Iran Energy Exchange (IRENEX) on Tuesday, ILNA reported.
August 28, 2019

Domestic investment in Iran’s free zones up nearly 40%

TEHRAN - The secretary of Iranian Free Zones High Council said domestic investment in the country’s free economic, industrial zones increased nearly 40 percent in the past Iranian calendar year of 1397 (ended on March 20), IRIB reported on Tuesday.
August 28, 2019

Strengthened political ties, now a surging trade between Iran, Oman

According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of tim...
August 28, 2019

Strengthened political ties, and now a surging trade between Iran, Oman

According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of tim...
August 28, 2019

Oil output could easily be restored to pre-sanction levels: Zanganeh

TEHRAN - Iran’s Oil Minister Bijan Namdar Zanganeh has denied the idea of U.S. sanctions’ long-term impact on the country’s oil production and exports capacity, saying output could be back to normal very quickly once the sanctions are removed.
August 28, 2019

No budget deficit in current year: PBO head

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said despite the decrease in the country’s oil revenues the country won’t face any budget deficit in the current calendar year (ends on March 19, 2020).
August 28, 2019

Iran-EU trade at €2.6b in H1

TEHRAN- The trade between Iran and European Union countries during the first six months of 2019 stood at €2.6 billion, ILNA reported.
August 28, 2019

Iran’s Exchange Stars League’s winners announced

TEHRAN- The third round of Iran’s Exchange Stars League wrapped up by honoring winners at Al Zahra University on Tuesday evening, securities and exchange news agency (SENA) reported.
August 27, 2019

Washington’s plots and threats not to scare away Iranian oil buyers

TEHRAN – Nearly 10 days after the release of Iranian super tanker Grace 1 by the Gibraltar court, despite all the U.S. warnings that anyone dealing with the Iranian oil tanker would face sanctions, Iran announced that the supertanker’s 2 million-barrel...
August 27, 2019

14 renewable power plants go operational across Iran

TEHRAN – Head of Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA) said 14 new renewable power plants started operation in nine different provinces during the Government Week, IRIB reported.
August 27, 2019

Over 2,600 agricultural projects to be inaugurated this week

TEHRAN – Iran’s Agriculture Ministry announced that 2,616 development and production projects worth 29.11 trillion rials (about $693 million) will be inaugurated across the country on the occasion of the Government Week (August 24-30).
August 27, 2019

34 industrial units inaugurated in Tehran Province

TEHRAN- On the occasion of the Government Week (August 24-30), 34 industrial units were inaugurated in different areas of Tehran Province on Tuesday, IRNA reported.
August 27, 2019

Tehran, Yerevan stress expansion of banking ties

TEHRAN – In a meeting in Yerevan on Tuesday, Iranian Ambassador to Armenia Kazem Sajjadi and Governor of Central Bank of Armenia Arthur Javadyan stressed the need for expansion of banking ties between the two countries, IRNA reported.
August 27, 2019

Iran to hold pavilion at 2 intl. exhibitions in Uzbekistan

TEHRAN – Iran’s Trade Promotion Organization (TPO) is planning to open Iranian pavilion at two of Uzbekistan’s most renowned international exhibitions which are due to be held in early October and early November.