A mirror Iranian company has been founded to partner with the European trade mechanism, known as Instrument in Support of Trade Exchanges (INSTEX). The Special Trade and Finance Institute…
Iran’s business environment has secured a modest improvement in the fourth quarter of the current fiscal year (Dec. 22, 2018-March 20) compared with the previous quarter, but a downturn over the…
Iran traded 5.64 million tons of non-oil commodities worth $4.61 billion with South Korea in the last fiscal year (ended March 20, 2019), registering a 51.05% and 43.03% decline in tonnage and…
Late frost has inflicted damages amounting to 4 trillion rials ($28.77 million) on North Khorasan Province’s crops.
Kurdestan Province’s goods and services Consumer Price Index registered an increase of 63.4% during the first Iranian month (March 21-April 20) compared with the similar month of last year, the…
Iranian steel mills produced a total of 6.22 million tons of crude steel during the first three months of 2019, up 7.1% compared with the corresponding period of 2018, the latest report released…
Iran traded 2.24 million tons of non-oil commodities worth $917.86 million with Indonesia during the last fiscal year (ended March 20, 2019), registering a 3.89% decline in tonnage and 0.52%…
Raising water tariffs will not necessarily lead to lower consumption, but can help if applied in tandem with other management measures, a water expert said.
Abundant gas deposits plus cost-effective production amply justify replacing gasoline with compressed natural gas, director of the CNG office of the National Iranian Oil Refining and…
Some 20 million barrels of Iranian oil sitting on China’s shores in the northeast port of Dalian for the past six months now appears stranded as the United States hardens its stance on importing…
Asia's crude oil imports from Iran rose to the highest in eight months in March as buyers rushed for more cargoes to take advantage of waivers to the sanctions the United States imposed, data…
Visiting Turkish Minister of Transport and Infrastructure Mehmet Cahit Turhan met with Iran’s Information and Communication Technology Minister Mohammad Javad Azari Jahromi in Tehran on Monday,…
The 8th Conference on Monetary Policies and Banking & Production Challenges was held Monday to explore the root causes of the lingering economic challenges in Iran. The event was…
Iran’s economy is expected to shrink for the second consecutive year and inflation could reach 40%, an International Monetary Fund’s senior official said, as the country copes with the impact of…
Foreign Minister Mohammed Javad Zarif said the United States is trying to "bring Iran to its knees" and overthrow its government by seeking to thwart its international oil trade.
North Korean Vice Foreign Minister Pak Myong Guk, accompanied by a delegation, departed from Pyongyang over the weekend for a visit to Non-Aligned Movement member states Syria and Iran, state…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on Monday visited the 32nd Tehran International Book Fair that is underway at Imam Khomeini Mosalla (prayer ground) in central Tehran…
Iran should not agree to engage in direct dialogue with the United States under the current circumstances, as there is no merit or purpose in doing so, two senior officials said.
Privately funded power plants will continue to struggle with low profit margins in the months ahead unless government-affiliated Power Generation, Distribution and Transmission Company (Tavanir…
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of US…
The US sanctions on Iran’s oil sector has had no influence on petrochemical exports because the mechanism defined for exporting petrochemicals differs from crude oil export, the secretary…
Bushehr Nuclear Power Plant in the southern namesake city that was temporarily shut down for technical overhaul has restarted operation, head of the plant said. "The plant will operate for 298…
The Eighth Iran-Turkey Transportation Commission was held in Tehran on April 28-29. Iran’s Deputy Minister of Roads and Urban Development Shahram Adamnejad and his Turkish counterpart,…
Iran traded 4.04 million tons of non-oil commodities worth $2.09 billion with the five member states of the Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus,…
