February 13, 2019

‘Iran, India continue discussing development of Farzad-B gas field’

TEHRAN- Head of National Iranian Oil Company (NIOC) said Iran and India are still discussing development of Farzad-B gas field.
February 13, 2019

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Staff Assistant, Economist, ESCAP – Economic and Social Commission for Asia and the Pacific (Source: UN) (Picture: Success, growth, career, development signpost from 3D_Creation/S...
February 12, 2019

Aluminum ingot production rises 5% in 10 months on year

TEHRAN- Production of aluminum ingot by three major producers in Iran has risen five 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 12, 2019

Tehran hosting intl. exhibition of glass, related machinery

TEHRAN- Iran’s Second International Exhibition of Glass, Related Equipment and Machinery kicked off at Tehran Permanent International Fairgrounds on Tuesday, IRIB reported.
February 12, 2019

20% of FKA Co. shares to be divested at IFB soon

TEHRAN- “Some 20 percent of the shares of FKA Agriculture and Animal Husbandry Company is to be offered at Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB) soon” a deputy from Iran’s Social Security Investment Company (SSIC) an...
February 12, 2019

Over 155 companies attending Iran’s intl. exhibit of cement, bitumen

TEHRAN – Over 155 domestic and foreign companies are showcasing their latest achievements and products in the 10th International Exhibition of Cement, Concrete, Bitumen, Asphalt and Related Equipment and Machinery of Iran (CEMENTEX & BAIEX 2019).
February 12, 2019

Iran’s exports to Russia increase 36% in 2018

TEHRAN- Iran’s value of exports to Russia rose 36 percent in 2018, Iran’s Commercial Attaché to Russia Farhad Parand announced.
February 12, 2019

Iran 82% self-sufficient in producing foodstuff

TEHRAN – Some 82 percent of Iran’s foodstuff needs is being supplied by domestic producers, Tasnim news agency reported quoting an agricultural official.
February 12, 2019

3 state-run institutes pen pact on expansion of technological, industrial culture

TEHRAN- Iran’s Industrial Management Institute, ECO Cultural Institute (ECI), and Tehran University’s Institute of Biochemistry and Biophysics inked a trilateral agreement to boost and ease regional cooperation on industrial and technological culture, ...
February 12, 2019

Iran, Iraq Deal to Boost Cooperation in Electricity

High-ranking officials from Iran and Iraq on Friday signed two memorandums of understanding (MoUs) and a contract to boost cooperation between the two countries in the electricity industry. At the end of his three-day visit to Iran, Iraqi Minister of Electricity Luay al-Khatteeb signed two MoUs and a contract on the electric industry with Iranian […]
February 11, 2019

Ban on imports of 1,300 goods items to be removed soon

TEHRAN- Iranian government is to remove the ban on imports of 1,300 types of goods via land borders soon, IRIB reported.
February 11, 2019

Weight of non-oil exports to Turkey, Iraq up %50

TERHAN- According to the data released by the Islamic Republic of Iran Customs Administration (IRICA), Iran’s non-oil exports to its two western neighbors, Iraq and Turkey, increased by 50 percent in terms of weight during the first 10 months of the pr...
February 11, 2019

Russia, Iran give up dollar in settlement payments, says ambassador

Moscow and Tehran have given up the dollar in settlement payments and plan to shift completely to national currencies, with euro to be used if there are no other options, Russia’s Ambassador to Iran Levan Dzhagaryan said in an interview with TASS.
February 11, 2019

External debt down 11%

TEHRAN- According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the ninth Iranian month of Azar (December 21, 2018) stood at $10 billion, showing 11 percent decrease in comparison with the ...
February 11, 2019

Daily gasoil output exceeds consumption by 16m liters

TEHRAN - Director of supply and distribution at National Iranian Oil Products Distribution Company (NIOPDC) said the country’s daily gasoil production is 16 million liters more than the consumption, IRNA reported.
February 11, 2019

‘Iranian private sector to help Iraq overhaul power plants’

TEHRAN – Iran's Energy Minister Reza Ardakanian said Iranian private sector is going to contribute to rebuilding and overhauling Iraq’s damaged power plants, IRIB reported.
February 11, 2019

Major steel producers export 4.7m tons of steel in 10 months

TEHRAN- Iran’s major steel producers exported 4.715 million tons of steel during the ten-month period from March 21, 2018 to January 20, 2019, IRNA reported.
February 10, 2019

Iran’s Biggest Solar Power Plant Launched

Iran’s biggest solar power plant with a capacity to produce seven megawatts (MW) of electricity was inaugurated in the western province of Hamedan on Tuesday. The power plant came into operation during a ceremony attended by Iranian First Vice-President Eshaq Jahangiri and Energy Minister Reza Ardakanian in Hamedan on Tuesday. The renewable energy project has […]
February 9, 2019

Russia to Construct Iran-India Gas Pipeline

Iranian Oil Minister Bijan Namdar Zanganeh said the country has accepted Russia’s proposal to construct a subsea pipeline for exporting natural gas from the Islamic Republic to India. Speaking to reporters at a press conference in Tehran on Tuesday, Zanganeh dismissed as “untrue” claims that he had not accepted the Indians’ proposal to construct the […]
February 8, 2019

US “Pressuring” European Firms to Limit Activity in Iran

The general secretary of the German-Iranian Chamber of Commerce said US officials are pressuring European companies to limit their business activities in Iran. “There is more passion from our American friends to create problems,” Michael Tockuss told the German business news weekly Wirtschaftswoche on Saturday. Those problems, Tockuss said, stem from direct pressure being applied […]