Iran traded 94,242 tons of non-oil commodities worth $344.08 million with Hong Kong during the last Iranian year (ended March 20, 2019) to register a 32.51% and 29.88% decline in tonnage and…
Since the beginning of the current water year last September, the volume of water flowing into the country's dams has reached 64.08 billion cubic meters, up 300% compared to 16.15 bcm last year…
Oil prices tumbled by more than 2 % on Monday after US President Donald Trump on Sunday said he would sharply hike tariffs on Chinese goods this week, risking derailing months of trade talks…
The world’s biggest oil buyers are being forced to go on the defensive once again. US President Donald Trump’s sanctions on Iran and Venezuela, the OPEC+ coalition’s output curbs, and…
The know-how to build liquefied petroleum gas (LPG) storage tanks has been indigenized by a private company, managing director of Panahsaz-e-Iran Engineering Company said Monday. "Manufacturing…
The first phase of a wastewater treatment plant in Paveh County in Kermanshah Province was inaugurated by Energy Minister Reza Ardakanian on Saturday. The $2 million facility has the capacity…
No 1310
Rocket Lab successfully launched three experimental satellites for the US Air Force on Sunday, topping the company's second Department of Defense mission in five weeks.
Russia aims to promote cooperation with Iran, including in the nuclear sector, despite the threat of US extraterritorial sanctions, Russian Deputy Foreign Minister Sergey Ryabkov said.
Foreign Minister Mohammed Javad Zarif described the draconian US sanctions as "economic terrorism", stressing that Iran has devised plans to mitigate the impact of hostile measures. …
In response to the United States' hostile move to block Iran’s crude exports, closing the Strait of Hormuz, one of the world's most strategic oil chokepoints, is unnecessary despite Tehran's…
The European Union’s top diplomat and the foreign ministers of France, Germany and Britain (E3) expressed regret and concern over recent US decisions against Iran's legitimate oil exports and…
An update on licensed currency exchange shops shows their number has increased from 419 in the 2017-18 fiscal to 692 in the current year that started on March 21. According to IBENA,…
Lawmakers on Sunday decided to look into the performance of the Central Bank of Iran during the past five years. The bank’s seemingly poor performance in regulating the currency market and the…
The value of exchange-traded funds stood at 254.4 trillion rials ($1.7 billion) at the end of the first month (March 21-April 20) of the current fiscal, according to the Central Securities…
At a time when most Iranian startups are devising damage control strategies to weather economic headwinds caused by US sanctions, Iran’s major online package delivery firm has launched an…
A three-day startup weekend titled In-Tech was held at Azadi Innovation Factory in Tehran from May 1-3, mainly focusing on the participation of women in tech.
After seven consecutive rallies, Tehran Stock Exchange turned bearish on Sunday and its main index, TEDPIX, shed 532 points to close trading at 224,057 points and enter a correction phase.…
Iran recorded $4.57 billion in non-oil trade surplus with nine other members of Economic Cooperation Organization during the last fiscal year (ended March 20, 2019).
1. Mousa Ghaninejad, economic analyst: The way out of Iran's economic crisis is by ensuring compliance with scientific economic principles. (Otaghiranonline.ir) 2. Hossein Raghfar, professor of…
Land under cotton cultivation will increase by 20% to stand at 80,000 hectares in the current Iranian year (started March 21), the deputy agriculture minister said.
Iran’s industrial sector has slumped into contraction as the new Iranian year (March 2019-20) got underway, the latest purchasing managers’ index report of the Iran Chamber of Commerce,…
Iran Chamber of Commerce, Industries, Mines and Agriculture is conducting a survey into the performance of organizations and agencies of three branches of the government (legislative, judiciary…
Iran's top engineering and energy company the Mapna Group, on Sunday unveiled an advanced gas turbine used in the power, oil, gas and petrochemical sectors. In a news briefing on Sunday, CEO…
Russia’s oil output will be cut by another 1 million barrels per day over the next week after its oil exports were restricted due to contamination issues. The contaminated crude oil was shipped…
