Iran traded 3.86 million tons of non-oil commodities worth $2.03 billion with the nine members of the Commonwealth of Independent States, namely Russia, Azerbaijan, Kazakhstan, Armenia,…
Isfahan Oil Refining Company is making concerted efforts to provide its units with much-needed water, one of which is tapping into greywater from counties near the complex, the managing director…
A South Korean oil buyer is set to receive about 2 million barrels of Iranian condensate in January, a source familiar with the matter said on Monday. The cargo marks the first Iranian…
Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in fuel demand…
Two petrochemical companies in southern Bushehr Province, Kaveh Methanol Complex and the first phase of Bushehr Petrochemical Complex, will be inaugurated by the end of the current fiscal in…
Selling crude to potential customers is a challenging enterprise when a country is under sanctions, but Iran has found shadow markets that can help it continue to sell oil.
Fifteen people on board were killed when a Boeing 707 cargo plane crashed Monday morning after it skidded off the runway during an emergency landing at Fath Airport in Iran's Alborz Province.
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Shaparak, the domestic electronic payment network, handled 18.55 billion transactions in the Iranian month of Azar (Nov. 22-Dec.21) worth 2,000 trillion rials ($17 billion).
Governor of the Central Bank of Iran used Instagram on Sunday to announce that forex earnings and transfer to the country has gained momentum. Abdolnasser Hemmati said US hostility and spite…
Preliminary steps have been taken to domestically produce a modern type of fuel that will help run Tehran Research Reactor more efficiently, the head of Atomic Energy Organization of Iran…
Iran should retain its low-profile stance on Kurds in Syria as any change of approach could negatively affect its relations with other regional players, a political analyst said.
Iran’s Foreign Ministry summoned a senior Polish diplomat on Saturday and warned of reciprocal measures after Warsaw announced plans to host a global summit with the United States focused on the…
By taking recourse to missile and nuclear programs or human rights, western countries seek to exert more pressure on Iran to force it to backtrack on its regional positions, a lawmaker said.…
Foreign Minister Mohammed Javad Zarif arrived in Iraq on Sunday at the head of a 30-strong delegation of political and economic figures. He was scheduled to meet his Iraqi…
Mashhad Municipality introduced an open API portal on Saturday in a move to enlist startups and fintechs’ help in transforming Mashhad into a smart city.
To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.
In the last fiscal that ended in March 2018, Iran’s mobile phone market was worth 17.72 trillion rials. At that time the greenback on average fetched 40,450 rials, which means the local…
RAJA Rail Transportation Company will resume its high-speed train services as of Jan. 16. The resumption comes as CEO of the company, Mohammad Rajabi, announced last week that RAJA had stopped…
Iran exported 5.06 million tons of agricultural and food products worth $4.76 billion during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 15.3% growth in…
The parliamentary body responsible for reviewing the budget bill, Majlis Joint Commission, approved the outlines of the government-proposed budget for the next Iranian year (March 2019-20) on…
East Azarbaijan Province exported 1.95 million tons of goods worth $1.64 billion to 98 countries in the nine months to Dec. 21. The exports registered a 5.4% and 7.2% growth in weight and value…
In only 3% of all countries, the central banks are responsible for collecting and publishing statistical information, the deputy head of the Statistical Center of Iran said.
Iran's major aluminum producers' output stood at 249,017 tons during the nine months to Dec. 21, which indicates a 1% decrease compared with last year's corresponding period, the Iranian Mines…
Wind, natural gas, and solar capacity will lead the new electricity capacity in the United States this year, while coal-fired generation will account for more than half of scheduled capacity…
