February 27, 2019

TPO granted awards to top Iranian brands

TEHRAN- Iran’s Trade Promotion Organization (TPO) granted awards to the top Iranian trademarks in a ceremony held at Tehran Permanent International Fairgrounds on Tuesday, IRIB reported.
February 27, 2019

Iran’s agricultural sector: 40 years of flourishing

TEHRAN – In the past forty years, since the Islamic Revolution, Iran has witnessed a remarkable improvement in various sectors and the agriculture industry has been one of the areas in which the country has undergone huge development.
February 26, 2019

Tax, fiscal policies conference held in Tehran

TEHRAN – The 12th edition of the Conference of Tax and Fiscal Policies in Iran was held at Shahid Beheshti University’s conference center in Tehran on Tuesday, IRIB reported.
February 26, 2019

Iran’s non-oil trade with Africa at $672.2m in 10 months

TEHRAN- Iran traded 1.86 million tons of non-oil commodities worth $672.26 million with the African countries during the first 10 months of the current Iranian fiscal year (March 21, 2018-January 20, 2019), Eghtesadonline reported on Monday.
February 26, 2019

Non-oil trade balance at $1.5b in 11 months

TEHRAN- Iran’s non-oil trade with other countries registered a $1.5-billion positive balance in the first eleven months of the current Iranian calendar year (March 21, 2018 – February 19, 2019), Finance and Economic Affairs Minister Farhad Dejpasand an...
February 26, 2019

Japan’s Cosmo to load Iranian oil in early March

TEHRAN- Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March.
February 26, 2019

Investment opportunities in Chabahar presented in an intl. conference

TEHRAN- The International Conference on Chabahar Development was held at the international conference hall of Chabahar Free Zone in southeast of Iran on Tuesday, IRNA reported.
February 26, 2019

Contentious case of FATF membership

The Paris-based Financial Action Task Force (FATF) on Friday extended the suspension of countermeasures against Iran for another four months, until June, recognizing the country's efforts in meeting its Action Plan.
February 26, 2019

Security, exchange market competing rivals

TEHRAN- In an interview with Mehr news agency on Monday, Iran’s Securities and Exchange Organization (SEO) Head Shapour Mohammadi named hoarding goods besides trading gold and foreign currency as the main rivals of domestic security and exchange market.
February 26, 2019

Offering oil at IRENEX, challenges and merits

Since the U.S.’s withdrew from Iran’s nuclear pact in May 2018, vowing to drive Iran's oil exports down to zero, the Islamic Republic has been taking various measures to counter U.S. actions and to keep its oil exports levels as high as possible.
February 25, 2019

Industrial sector in need of 400km railway annually

TEHRAN- "According to the Sixth Development Plan (2016-2021), domestic industrial and mining sector requires 400 kilometers of railway to be added to domestic network per year," the head of Iranian Mines and Mining Industries Development and Renovation...
February 25, 2019

‘Iran among world’s top four gas suppliers by 2040’

TEHRAN - The former secretary general of the Gas Exporting Countries Forum (GECF) said according to the latest estimates Iran, China, the U.S. and Russia will be the world’s top four suppliers of natural gas by 2040.
February 25, 2019

1,300 industrial units back online in a year

TEHRAN- Iranian deputy industry minister announced on Monday that during the past year, about 1,300 industrial units have come back online to production cycle via injection of financial resource, IRNA reported.
February 25, 2019

Iran-EU non-oil trade at $8.57b in 10 months

TEHRAN- The value of non-oil trade between Iran and European Union countries stood at $8.57 billion in the first ten months of the current Iranian calendar year (March 21, 2018 – January 20, 2019), Eghtesad online news website reported.
February 25, 2019

Oil exploration projects to be handed over to private companies

Based on a memorandum of understanding signed on Sunday evening, National Iranian Oil Company (NIOC) handed over an oil exploration project to a private company for the first time.
February 25, 2019

Over $7b of tax collected in Tehran Province in 10 months

TEHRAN- Tehran Province collected 300 trillion rials (about $7.142 billion) of taxes during the first ten months of the current Iranian calendar year (March 21, 2018 – January 20, 2019), head of Tehran Province’s Management and Planning Department told...
February 25, 2019

Iron ore concentrate export increases nearly 100%

TEHRAN- Iran’s export of iron ore concentrate rose 96.6 percent during the first ten months of the current Iranian calendar year (March 21, 2018 – January 20, 2019), compared to the same period of time in the past year.
February 25, 2019

Iranian trade, marketing, technical-engineering delegation to visit Britain in June

TEHRAN- An Iranian trade, marketing, technical-engineering delegation will visit Britain from June 9 to 13 for the first time after the implementation of JCPOA (Joint Comprehensive Plan of Action, which lifted the sanctions against Iran in January 2016).
February 25, 2019

Iran private sector to construct 200,000 housing units in Syria

TEHRAN- Iranian private sector will construct a 200,000-unit residential complex in Syria, the deputy head of Mass Construction Society of Iran announced in a ceremony on Sunday.
February 24, 2019

NIDC completes digging operation of 123 oil, gas wells in 11 months

TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 123 oil and gas wells during the 11-month period from March 21, 2018 to February 19, 2019, according to an official with the NIDC.