An Italian Foreign Ministry official says his country is reviewing details about the newly developed financial mechanism known as INSTEX and is considering joining it.
At the recent meeting of the Joint Commission of the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action, the participants agreed to form special task forces to work on…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei appointed Hojjatoleslam Seyyed Ebrahim Raeisi as the judiciary chief in a decree on Thursday. He is to replace Ayatollah Sadeq…
Tehran University’s Science and Technology Park is to expand its frontiers in the upcoming year (begins March 21) by adding three new buildings to its premises, the park's CEO Abbas Zare'I said…
A new startup accelerator was inaugurated late last week in Shiraz, Fars Province, to support knowledge-based companies in the key biotech sector.
Iran Electronics Industries (Sairan) has signed an agreement with local Internet service provider HiWeb for establishing a mobile virtual network operator. HiWeb is listed on the Tehran…
1. President Hassan Rouhani: Iran's economy would have been less affected by sanctions if it was in the hands of the private sector. (Dolat.ir) 2. Oil Minister Bijan Namdar Zanganeh: Iranian…
About 2,500 tons of olive oil worth 400 billion rials ($9.5 million) were imported into Iran from eight countries during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20…
Iran recorded a $372.6 million trade deficit with the US in 2018, figures released by the United States Census Bureau show. The deficit is reportedly the highest over the past decade. Of the $…
With a production volume of 150,000 tons, Iran is the world's sixth biggest edible mushroom cultivator, the chairman of Mushroom Growers Union said. Mohammad Hassan Afshar added that Iran…
Iran and Iraq plan to increase bilateral trade to $20 billion per annum within two years, says Iran’s Minister of Industries, Mining and Trade Reza Rahmani. He made the statement after meeting…
Iran’s biggest layer chicken farm has been inaugurated in Soltaniyeh, Abhar County, Zanjan Province. Morqak Chicken Farm has the capacity to produce 10 million chickens annually and was set up…
Oil prices dropped by more than one % on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned of continued weakness and fresh data showed Chinese…
The Persian Gulf Petrochemical Industries Company is looking closely at ways to add value to its output and is building petrochemical plants estimated to cost $8.5 billion, the managing director…
Gasoline inventory is at 1.6 billion liters, which is up 400 million liters compared to the same period last year. The National Iranian Oil Products Distribution Company had stored 1.2 billion…
Energy Ministry owes 3,000 billion rials ($22 million) to contractors involved in renewable energy projects, the head of Iran Electricity Industry Syndicate said. "As per last year's budget,…
Iran and France are set to exchange ambassadors, officials said on Wednesday, after months of tensions, including over an alleged Iranian plot to carry out a bomb attack on a dissident rally…
No 1275
In a move to stimulate the sluggish housing market and increase homeownership, the Money and Credit Council - a major monetary decision making body - agreed to raise the ceiling of house…
The National Iranian Oil Company will launch two new offers of crude oil and natural gas condensate on the Iran Energy Exchange before the calendar year is out on March 20.
Governor of the Central Bank of Iran Abdolnaser Hemmati says “the government is not yet decided on the mechanism” of allocating $14 billion in subsidized currency for basic goods for the next…
Europe’s lax stance for saving the 2015 nuclear deal, following the United States’ illegal exit, has created a sense of mistrust among Iranian people, a senior official said.
Parliament Speaker Ali Larijani met with his Iraqi counterpart, Mohamed al-Halbousi, in Tehran on Wednesday to discuss ways of boosting bilateral ties. Larijani pointed to…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said the preservation of trees and other forms of vegetation needs to gain the status it deserves in the popular culture. He…
Iran and world powers discussed the latest steps in ongoing efforts to offset the impact of US withdrawal from the 2015 Iran nuclear deal during a meeting in Vienna on Wednesday, which also…
