July 1, 2019

Iran’s Enriched Uranium Stockpile Passes 300kg Limit

Iranian Foreign Minister Mohammad Javad Zarif said the country’s enriched uranium stockpile has passed the 300-kilogram limit as the Islamic Republic continues to reduce its obligations under the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA). “We have already announced that the European measures have not been enough and as the […]
June 30, 2019

Monthly copper anode production 33% more than planned amount

TEHRAN- Production of copper anode by National Iranian Copper Company during the third Iranian calendar month of Khordad (May 22-June 21) was 33 percent more than the planned amount, according to the managing director of the company.
June 30, 2019

Iran forms economic security police to counter economic crimes

TEHRAN – The deputy chief of the police announced on Sunday that a new department has been established within police to counter economic disruption.
June 30, 2019

Tehran City’s real estate deals down 44.8% in spring

TEHRAN- The number of real estate deals in Tehran City fell 44.8 percent in spring, which corresponds to the first quarter of Iranian calendar year, compared to the same quarter in the past year, Tasnim news agency reported citing the data released by ...
June 30, 2019

Commodities worth $500m traded at IME in a week

TEHRAN- During weekdays ending up to June 27, approximately, 433,911 million tons (MT) of commodities worth over $500 million were traded at Iran Mercantile Exchange (IME).
June 30, 2019

GSI to explore 110,000 km2 of land to identify new mines

TEHRAN - Geological Survey and Mineral Explorations of Iran (GSI) is planning to explore 110,000 square kilometers (km2) of land across the country in the current fiscal year (ending on March 20, 2020), in order to identify new mining potentials, IRNA ...
June 30, 2019

Tehran hosting 16th Iran-Armenia Joint Economic Committee meeting

TEHRAN – The 16th Iran-Armenia Joint Economic Committee meeting is underway in Tehran during June 30-July 2, IRNA reported.
June 30, 2019

IRENEX to hold offering of 2m barrels of light crude oil on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at the base price of $59.28 at the international ring of Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
June 30, 2019

Iran preparing infrastructure to build oil tankers inside country: NITC

TEHRAN - Managing Director of National Iranian Tanker Company (NITC) said renovation of the tanker fleet is a priority and the infrastructure is being prepared for constructing oil tankers inside the country based on international standards.
June 29, 2019

‘Comprehensive system of domestically-made products to be launched in near future’

TEHRAN- Iranian Industry, Mining and Trade Minister will launch a comprehensive system for registration of domestically-made products in near future, deputy minister of industry, mining and trade announced.
June 29, 2019

Iran’s power generation capacity to exceed 85GW by March 2020

TEHRAN - With 4,827 megawatts (MW) capacity of new power plants going operational by the end of the current Iranian calendar year (March 20, 2020), the country’s power generation capacity is going to reach 85,695 MW, Tasnim news agency reported on Satu...
June 29, 2019

Do-Win Tech 2019 to host 350 foreign, domestic companies

TEHRAN- The 11h edition of Doors and Windows Technology International Exhibition of Iran (Do-Win Tech 2019) is due to be held during July 9-12 at the Tehran Permanent International Fairgrounds, IRIB reported.
June 29, 2019

Iran elected as IMO technical committee’s vice-chair

TEHRAN – Iran Ports and Maritime Organization (PMO)’s representative at the International Maritime Organization (IMO), Mandana Mansourian, has been elected as IMO technical committee’s vice-chairwoman.
June 29, 2019

Tehran to host intl. ceramic, tile expo

TEHRAN - The 26th International Tile-Ceramic and Sanitary ware (CERAFAIR 2019) will kick off today (Sunday) at Tehran International Permanent Fairgrounds, IRNA reported.
June 29, 2019

Turkmenistan to host 1st Caspian Economic Forum

TEHRAN – Turkmenistan is going to host the first economic conference of the Caspian Sea littoral nations which is due to be held on August 11-12, IRNA reported quoting the country’s ambassador to Tehran.
June 27, 2019

ICCIMA holds meeting with Iranian commercial attachés

TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted a seminar in collaboration with the foreign ministry to acquaint the country’s commercial attachés with ICCIMA plans and policies, the portal of ICCIMA reported.
June 27, 2019

China receives first Iranian oil cargo post waivers

TEHRAN – China’s Jinxi Refining and Chemical Complex has received a one-million-barrel cargo of Iranian oil in the first month after the Trump administration ended waivers permitting imports of Iranian oil, Tasnim news agency reported on Wednesday.
June 27, 2019

Iranian consortium inks MOU with NIOC to develop oilfield

TEHRAN – National Iranian Oil Company (NIOC) has signed a memorandum of understanding with a domestic consortium for developing Band-e-Karkheh oilfield in southwestern Khuzestan Province.
June 26, 2019

Iran’s oil exports rising despite U.S. pressures: CBI governor

TEHRAN – The governor of Central Bank of Iran (CBI) said the country’s oil exports are following an upward trend despite the U.S. pressures for cutting them to zero, IRNA reported.
June 26, 2019

Free zones’ export, import problems discussed in a meeting

TEHRAN- Barriers and problems related to the process of exports from Iran’s free trade zones and imports from them were investigated in a meeting attended by Morteza Bank, the secretary of Free Zones High Council, and Reza Rahmani, the minister of indu...