Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran.…
At a private reception for diplomats on Wednesday, the UN nuclear chief strongly criticized efforts to hamstring his organization that has been at the forefront of nuclear security and…
The European Union's newly-created special purpose vehicle aimed at facilitating legitimate trade with Iran needs time to prove effective in rescuing Iran's troubled economy under harsh American…
The Producer Price Index of poultry products in the third quarter of the current fiscal year (Sept. 23-Dec. 21, 2018), which marks the end of autumn, reached 470.54, indicating an increase of 32…
Iran traded 446,305 tons of non-oil commodities worth $146.99 million with Armenia during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 92.91% and 36.69%…
Data from Tehran Air Quality Control Company, which monitors stations across the capital, show that during the first month of 2019, residents of the metropolis experienced better air quality…
Despite the new US sanctions and economic challenges Iran is facing, Chinese carmaker Chery, is not only sustaining ties with the country but has also launched a new model in the fledgling…
Iran exported $36 million worth of furniture during the first nine months of the current Iranian year (March 21-Dec. 21) to register a huge hike of 227% compared with last year’s corresponding…
Seventy power projects will be operational in Yazd Province by the end of February, managing director of Yazd Regional Electricity Company said Saturday.
European buyers of the heavy crude produced by Venezuela’s PDVSA have put their purchases on hold in anticipation of sanctions against the government in Caracas to be announced by the European…
Russian oil output declined to 11.38 million barrels per day in January, or by around 35,000 bpd from the October 2018 level, the baseline for the global oil accord, missing the deal’s target,…
Iranian private companies are willing and able to help Iraq and Syria in their post-war reconstruction plans by undertaking energy projects, Energy Minister Reza Ardakanian said. "This is the…
OPEC crude output fell the most in two years last month as the group implemented almost 80% of its new production cuts deal. Top exporter Saudi Arabia cut deeper than pledged, while its…
With the help of mobile oil treaters, Karoun Oil and Gas Production Company has prevented 32,000 barrels of oil from being burnt during extraction phases over the past 10 months, the managing…
No 1249
Winners of the Nourbakhsh Banking Innovation Awards were announced during the closing ceremony of the Sixth Conference on E-Banking and Payment Systems in Tehran on Tuesday.
Mohsen…
In the trading week to January 30, the main index of Iran Fara Bourse (an over-the counter market for securities and other financial instrument in Tehran) IFX, registered 76% return on…
Urban planners and managers from Fars, East Azarbaijan, Qom, Isfahan, and Khorasan Razavi provinces were in Tehran on Thursday and reviewed projects that seek to transform the capital into a…
Representatives from Iraq’s telecommunication ombudsman and mobile and landline operators are to visit Tehran Feb 2-5. The visit is to help boost bilateral ties and enhance communication…
China-Iran Innovation Center was inaugurated on Wednesday in Chabahar Free Zone in southern Sistan-Baluchestan Province. An agreement was signed between the new center, International University…
Afghan ICT Minister Shahzad gul Aryobi visited Tehran earlier in the week and discussed with his Iranian counterpart Mohammad Javad Azari Jahromi ways to expand ties in information and…
1. President Hassan Rouhani: Today Iran is facing the biggest pressure and economic sanctions in the past 40 years. (Fars News Agency) 2. Deputy Foreign Minister Abbas Araqchi: The special…
In a letter to the industries, mining and trade organizations of the provinces of West Azarbaijan, Kurdestan, Kermanshah, Ilam, Khuzestan, Bushehr, Hormozgan, Sistan-Baluchestan and South…
The total operating revenues of Iran’s top 100 companies, based on their financial statements for the fiscal year that ended on March 20, 2018, stood at 5,670 trillion rials ($47.25 billion) to…
The new round of US sanctions against Iran is being felt across the entire spectrum of Iran's economic sector. One such sector is the strategic steel industry, which is currently dealing with…
