A new solar power station in the southeastern Kerman Province has been connected to the national power grid. Built over two hectares in Qaleh Ganj County, it is the eighth solar farm in the…
Oil Minister Bijan Namdar Zanganeh said Tuesday the National Iranian Oil Company has invited the Indian consortium led by ONGC Videsh Ltd (OVL) to negotiate for the last time on the development…
The Producer Price Index for the “agronomy, horticulture and traditional husbandry” group in the year to March 20, 2019, which marks the end of last Iranian year, increased by 47.8% compared…
A total of 501,000 tons of finished and semi-finished steel products were exported from Iran during the first Iranian month (March 21-April 20) to register an 18.4% year-on-year decline,…
Iran traded 303,613 tons of non-oil commodities worth $108.77 million with the five member states of Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus, in the…
The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture has again urged the government to scrap the controversial subsidized currency policy and focus on creating the long-…
After a remarkable rebound on Saturday, the main gauge of Tehran Stock Exchange continued to extend gains Tuesday as investors took a buying position in a wide range of stocks. The market…
About 5.4 million checks worth an estimated 541 trillion rials ($3.82 billion) were transacted in the first month (March 21-April 21) of the current fiscal, of which almost 525,000 were bad…
The Iranian Parliament is set to review an intellectual property bill in the coming days. Hassan Norouzi, an MP from Tehran, told news website Peivast, “Majlis Research Center has delivered a…
The Iranian government is granting financial aid and loans to startups and tech firms to accelerate their growth. The move is in line with President Hassan Rouhani’s agenda to support fledgling…
Iran sees no prospects for negotiations with the United States as long as it does not change course, a senior official said on Tuesday, a day after US President Donald Trump said a deal with…
Iran's proposal for a non-aggression treaty between Persian Gulf states indicates the country's good faith, political transparency and desire to build confidence with neighbors, an international…
Japan's government officials are reportedly making final preparations for Prime Minister Shinzo Abe's planned visit to Tehran next month to hold meetings with top Iranian officials. …
The output of Iran's major aluminum producers stood at an aggregate of 20,415 tons during the first Iranian month (March 21-April 20), which indicates a 33% decrease compared to last year's same…
A total of 147,000 tons of non-oil goods worth $182 million were exported from East Azarbaijan Province during the first Iranian month (March 21-April 20), registering a 20% and 82% growth in…
The oil market is expected to be in balance toward the end of 2019, as global inventories fall and demand remains strong, but OPEC’s job is not done yet, Kuwait’s oil minister told Reuters.
Weeks after India stopped oil imports from Iran, the Modi government is keen to resume supply from the country and is looking at ways to make payments in Indian rupee to get around US…
Iranian steel mills produced a total of 8.38 million tons of crude steel during the first four months of 2019, up 6% compared with the corresponding period of 2018, the latest report released by…
Iran’s imports during the first month of the current Iranian year that ended on April 20 stood at $2.3 billion.
The average annual inflation gap measured by the Statistical Center of Iran among income deciles increased by 0.1% to reach 2.9% in the second Iranian month (April 21-May 21) compared with the…
Iran traded 1.36 million tons of non-oil commodities worth $779.38 million with member states of Economic Cooperation Organization, namely Turkey, Afghanistan, Pakistan, Azerbaijan, Turkmenistan…
The first phase of a plan to transfer water from Aras River in northwest to Tabriz in East Azarbaijan Province is to be inaugurated by President Hassan Rouhani, the provincial governor general…
Energy Minister Reza Ardakanian has warned that despite high precipitation in the spring, power cuts are likely in summer unless consumption is curbed, especially in the peak hours.
Non-oil exports from the giant South Pars gas field off the Persian Gulf shows an upward trend despite the new US sanctions, head of the customs office of Pars Special Economic Energy Zone said…
Motorcycle and Automobile Club of Aras Free Trade Industrial Zone (AFZ) is to host a 400-meter drag racing event at the zone on June 6-7. Due to the large variety of vehicle classes in…
