Iraq is willing to boost technical cooperation with Iranian power engineering firms, the Arab country’s electricity minister said. Luay al-Khateeb made the statement at the opening ceremony of…
The amount of associated petroleum gas burning out from the 8th South Pars Refinery has reached zero, managing director of the refinery said Tuesday. "Optimization of sulfur recovery and ethane…
No 1273
In the new Iranian year that starts on March 21, the raise in wages for government employees and retirees was approved by the Majlis. The raise is 4 million rials (about $30). The…
As per its earlier announcement, the National Iranian Oil Company on Monday offered one million barrels of light crude oil on the Iran Energy Exchange (IRENEX) but there were no customers.…
The Seventh International North-South Transport Corridor's Coordination Council Meeting and the eighth meeting of Expert Groups convened in Tehran on Monday.
Preliminary results of the ninth round of quadrennial elections of Iranian chambers of commerce show 16,412 economic players have chosen their representatives for 33 provincial commerce chambers…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei favors further diplomatic engagement with the world, but has asked the country’s officials not to pin their hopes on Europeans to help…
Iran needs to take the initiative to soften the atmosphere prevailing in its relations with Arab states and prevent the “radicalization” of their views toward the country in order to safeguard…
The UN nuclear chief once again confirmed Iran’s adherence to its obligations under its nuclear deal with major powers, known as the Joint Comprehensive Plan of Action.
Foreign exchange rates dropped below the psychological level of 130,000 rials on Monday as markets prepared for relative stability before the fiscal year is out on March 20. According to…
With two weeks before Norouz (Persian New Year) holidays and to help facilitate public transportation, working hours of Tehran Metro line 5 has been extended by one hour. Line 5 connects Tehran…
In line with its program for promoting eco-friendly transport, Tehran Municipality will invest 170 billion rials ($1.3 million) to develop biking facilities, a Tehran City councilor said.
Managing director of Iran Mercantile Exchange says the commodity bourse is ready to host the trade of cryptocurrencies and also tap into the potential of blockchain technology in enhancing…
A bill proposed by the Interior Ministry that put online taxi firms’ survival at stake and could wipe out thousands of jobs has been dismissed by Cabinet.
To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA. Now the two…
Forty young researchers, along with a group of renowned economic experts, including Masoud Nili, former special presidential aide for economic affairs; Mohsen Jalalpour, former president of Iran…
The western Iranian province of Kurdestan exported 1.77 million tons of goods worth $1.65 billion during the first 11 months of the current Iranian year (March 21, 2018-Feb. 19) to register a 44…
The water crisis in Iran is a serious concern and neglecting the issue will have irreversible consequences, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran…
Developing Phase 14 of South Pars Gas Field along with the Kish Gas Field are among priorities of Pars Oil and Gas Company in the next fiscal (begins March 21), the managing director said Monday…
Bushehr Nuclear Power Plant in the southern namesake city has temporarily been shut down for technical overhaul, head of the plant said. "This year's overhaul involves partial disassembly of…
Australia is sending more help to the Pacific nation of the Solomon Islands to stop oil from a grounded cargo ship destroying a World Heritage-listed marine sanctuary, Australia’s foreign…
No 1272
The governor of Central Bank of Iran says the CBI has so far allocated $38 billion in foreign currency for imports. Out of this amount, $9.3 billion was allocated via Nima (the integrated forex…
As part of plans to diversify and expand financing methods for agricultural products on the Iran Mercantile Exchange, the bourse on Sunday launched the options contracts for saffron.…
