Oil prices plunged more than 6% to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. US crude futures…
With a population of 80 million Iran’s daily gas consumption at 700 million cubic meters exceeds that of the 28-nation European Union, which consumes a total of 500 mcm per day, National Iranian…
Sharif University of Technology hosted a regional coding competition between 880 teams from West Asia in Tehran on Dec. 20-21. The competition precedes the 43rd round of the Association for…
No 1216
After two successful offerings of crude oil on Iran Energy Exchange (IRENEX), officials have now rejiged the trading terms based on the needs of stakeholders. According to Ali Hosseini,…
Iran’s diplomatic apparatus is working to ensure the continued implementation of measures in support of the people of Yemen so that they can achieve the peace they desire, a top official said.…
Foreign Minister Mohammed Javad Zarif and his Pakistani counterpart, Shah Mehmood Qureshi, met in Tehran on Monday to hold talks on bilateral relations as well as regional and international…
With stocks delivering good winter runs after heavy losses in late autumn, retail investors are being lured back into the market days after Tehran's main bourse was about to sound the alarm.
In the first nine months of current fiscal to Dec.21, almost 1.4 trillion rials ($175 million) in guarantees was issued or extended by the SMEs Investment Guarantee Fund.
Major Iranian lead and zinc producers extracted 815,177 tons of ores in the first eight months of the current fiscal year (March 21-Nov. 21), which indicates a 32% rise in production compared…
President Hassan Rouhani is scheduled to submit the budget bill for the next fiscal (March 2019-20) to the Iranian Parliament on Tuesday. The budget bill was unveiled by the Plan and…
Walnut production from 171,000 hectares of orchards in Iran amounted to 200,000 tons in the current crop year, which is around half the amount of estimated production, an official with the…
Some 295,000 tons of commodities worth more than $200 million were exported from Iran's northern Golestan Province in the first nine months of the current fiscal year (March 21-Dec. 21).
The qanat-based saffron farming system in Iran's northeastern Khorasan Razavi Province’s Gonabad County has been formally designated as a Globally Important Agricultural Heritage System.
Iran exported 4.58 million tons of agricultural and food products worth $4.57 billion during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 7.9% growth in…
Iran’s bilateral trade with neighboring Turkey totaled $8.25 billion in the first 10 months of 2018 to register a decrease of 10.31% compared with last year’s corresponding period, according to…
Development of Tous gas field in northeastern Khorasan Razavi Province will help lift the regional economy and help stabilize energy supply to the northern and eastern areas, said Ramin Hatami,…
Installed capacity of power substations, including transmission and distribution, has reached 107,000 megavolt ampere (MVA).
OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market…
There is no funding constraint to developing phases 13 and 22-24 in South Pars Gas Field in the Persian Gulf, managing director of Pars Oil and Gas Company said. "The Majlis has…
Iran Khodro on Sunday published a new price list for five models including the popular hatchback model Peugeot 207i and the locally-designed Dena+, jacking up prices by a hefty 50% for four…
In nine months since the beginning of the current fiscal in March an estimated 1.4 million vehicles approached the technical inspection centers in Tehran.
SAIPA-Citroen, a joint venture between Iran’s SAIPA and France’s Citroen says that it has enough spare parts to provide customers with adequate after-sales services.
No 1215
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on Sunday called on the country’s law enforcement forces to strive for continued progress and carry out their duties in an effective…
