June 1, 2019

Monthly sponge iron output up 14% year on year

TEHRAN- Production of sponge iron in Iran rose 14 percent during the first month of current Iranian calendar year, Farvardin (March 21-April 20), compared to the same month in the past year, IRNA reported.
June 1, 2019

Iran, Tajikistan seeking expansion of water, energy tie

TEHRAN – Iran and Tajikistan are exploring avenues of cooperation in water and energy sectors, IRNA reported quoting Iranian energy minister as saying on Friday.
June 1, 2019

IRENEX to hold offering of 2m barrels of gas condensate on Monday

TEHRAN- Offering two million barrels of gas condensate produced in Iran’s South Pars gas field will be held at Iran Energy Exchange (IRENEX) on Monday, Shana reported.
June 1, 2019

Rezaee says Iran will surely overcome U.S. economic blockade

TEHRAN – Mohsen Rezaee, secretary of the Expediency Council, has voiced certainty that Iran will finally defeat the economic blockade imposed by the United States.
May 31, 2019

UN atomic watchdog chief: Iran keeping to nuclear deal

The head of the UN nuclear watchdog says Iran is complying with the 2015 deal with major world powers, AP reported on Friday.
May 31, 2019

20 new petchem projects to go operational in Iran by 2022: NPC

TEHRAN – Iranian oil ministry plans to complete 20 prioritized petrochemical projects across the country by the end of the Iranian calendar year of 1400 (March 2022), IRIB reported quoting the head of National Petrochemical Company (NPC).
May 31, 2019

TEDPIX gains 9,308 points in a week

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) increased 9,308 points or 4.3 percent to 224,447 during the five dealing days (Saturday-Wednesday) of the past Iranian week ended on Friday, Tasnim news agency reported.
May 31, 2019

Nearly 400,000 tons of basic goods unloaded at Shahid Rajaee Port in 2 months

TEHRAN- Nearly 400,000 tons of basic commodities have been unloaded at Iran’s largest container port, Shahid Rajaee, during the two-month period from the beginning of current Iranian calendar year (March 21), Director General of Ports and Maritime Depa...
May 31, 2019

Annual exports from free zones at $17b

TEHRAN- The value of domestically-made products exported from Iran’s free zones stood at $17 billion in the past Iranian calendar year (ended on March 20, 2019), according to an official with Iran’s Free Zones High Council.
May 31, 2019

Iran, China call for expansion of economic ties

TEHRAN - Iranian Finance and Economic Affairs Minister Farhad Dejpasand received the Chinese Ambassador to Tehran Pang Sen on Thursday to discuss trade and to pay gratitude for the ambassador’s efforts during his five-year mission in Iran.
May 31, 2019

Asia’s imports of Iranian oil surge to 9-month high

TEHRAN - Asia's imports of Iranian oil in April hit a record nine-month high as buyers rushed to ship in purchases before their waivers from U.S. sanctions on Iran expired in May, Reuters reported on Friday citing data from government and trade sources.
May 31, 2019

China’s Iranian oil intakes skyrocket in April: report

TEHRAN – China has significantly increased its imports of Iranian crude in the last month before the expiration of U.S. sanctions waivers, Sputnik reported on Thursday citing Business Times.
May 31, 2019

HK disparages U.S. warnings on violating Iranian sanctions

TEHRAN – Hong Kong has dismissed U.S. threats of penalty for receiving an oil vessel which carries Iranian oil to the autonomous city, Sputnik reported on Thursday.
May 29, 2019

CERAFAIR 2019 to kick off in Tehran in late June

TEHRAN - The 26th International Tile-Ceramic and Sanitary ware (CERAFAIR 2019) is due to be held during June 30-July 3 at Tehran International Permanent Fairgrounds, IRIB reported on Tuesday.
May 29, 2019

Leader: US, its cronies will fail to impose so-called deal of century on Palestinians

TEHRAN- Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says the US and its cronies will fail to impose the so-called deal of the century on Palestinians.
May 29, 2019

Iran to launch 2 air taxi lines by March 2020

TEHRAN–Iranian Transport Ministry is planning to launch two air taxi lines by the end of the current Iranian calendar year (March 19, 2020), IRIB reported quoting an official with the ministry.
May 29, 2019

Monthly non-oil exports from PSEEZ up 32% yr/yr

TEHRAN- Non-oil exports from Pars Special Economic Energy Zone (PSEEZ) in Iran’s southwestern port city of Assaluyeh reached 1.967 million tons in the past Iranian calendar month of Ordibehesht (April 21-May 21), rising 32 percent compared to the same ...
May 29, 2019

Integrated forex market to fill gaps created by NIMA

In early July 2018, Iran launched Forex Management Integrated System, locally known as NIMA, to allow the exporters of non-oil commodities to sell their foreign currency earnings to importers of consumer products.
May 29, 2019

Iran self-sufficient in wheat production for 4th consecutive year

TEHRAN- For the fourth year in a row, Iran’s wheat harvest is enough to make it self-sufficient in the strategic crop, Press TV quoted an official as saying on Tuesday.
May 29, 2019

Russia’s Gazprom still considering participation in Iran’s energy projects

TEHRAN – Russia is still evaluating potential participation in Iran’s energy projects, Tass reported quoting the company’s deputy chief executive officer.