Iran traded 4.49 million tons of non-oil commodities worth $2.66 billion with the member states of United Nations’ Eastern European Group during the 11 months to Feb. 19 to register a 31.77% and…
The three main sectors of Iran’s economy, namely agriculture, mining and industries, delivered a poor performance in terms of production during the third quarter of the last fiscal year (Sept.…
Following rumors that Samsung had downsized its operations in Iran, the South Korean tech titan issued a statement reaffirming its commitment to the market. The statement seen by Financial…
The Industrial Development and Renovation Organization plans to launch the production of civil helicopters to meet domestic demand for emergency operations during natural disasters.
Minister of Economic Affairs and Finance Farhad Dejpasand arrived in Beijing on Wednesday at the head of an economic delegation to attend an international conference on China's Belt and Road…
Oil production in Venezuela has dipped so low that the owner of the world’s largest reserves is importing crude for the first time in five years. The nation’s output fell below 1 million…
American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices…
A part of the West Ethylene Pipeline, which was damaged by heavy rains and landslides in Kermanshah Province, will be repaired and come online by the end of the week, the director of production…
In the wake of torrential rains in northern Mazandaran Province over the past four weeks, the biggest dam in the region -- Shahid Rajaee Dam -- is expected to overflow as a result of which the…
Natural gas delivery to petrochemical companies has been of the ascending order over the past two years. According to Fars news agency, in 2017 petrochemical plants took 102 mcm of gas as…
Iran is for dialogue but the US offer to negotiate contradicts its actions, Foreign Minister Mohammed Javad Zarif said, adding that Washington should speak with the Iranian nation in the…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said the United States' attempts to reduce Iran's oil exports to zero will not lead anywhere and the Islamic Republic will export as…
The new Iranian ambassador to the United Nations, Majid Takht-Ravanchi, submitted his credentials to UN Secretary-General Antonio Guterres in New York on Tuesday. He was appointed UN…
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The United States has made a major error of judgment by politicizing oil and using it as a weapon in already fragile international oil market.
Oil Minister Bijan Namdar Zanganeh made…
The recent announcement by the United States that all Iran oil sanctions waivers will terminate by May has drawn the strong objection of Turkey and China, two of the biggest importers of Iranian…
Remaining a part of the 2015 nuclear deal would be in Iran's interests, as it has prevented the formation of an international alliance and further pressure against the country so far, says a…
The Iranian Space Research Center is planning to build an airship, head of the center said. Feasibility studies have begun and the project will become operational soon, Hossein Samimi…
Iran Post Company and a local startup Alopeyk have forged an agreement as per which postal services will be modernized and get more user-friendly. A deal was signed between the online package…
Iran's trade of mineral products recorded a $5.65 billion surplus in the last fiscal year (ended March 20, 2019). The country exported 57.7 million tons of mineral products worth $9.22 billion…
About 7.8 million tourists traveled to Iran in the last fiscal year (ended March 20, 2019) to register a 52.5% growth compared with the preceding year, the deputy head of Iran’s Cultural…
Masoud Khansari has been reelected the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture for another four-year term. As the lone candidate, Khansari won a…
Major Iranian lead and zinc producers extracted 1.09 million tons of ores in the last Iranian year (ended March 20, 2019), which indicates an 18% rise in production compared to the year before,…
Iran traded 93,623 tons of non-oil commodities worth $176.13 million with Australia in the last Iranian year (ended March 20, 2019), registering a 52.23% and 13.03% growth in tonnage and value…
During the floods that affected 24 provinces over the past four weeks, there was no major problem in providing refineries with oil and other petroleum products, said the director of petroleum…
