Iran exported 858,541 tons of non-oil products worth $160 million to Qatar during the first seven months of the current Iranian year (March 21-Oct. 22). This showed an 11.23% decrease and a 44…

Iran has been deemed as safe as a majority of European countries when it comes to travel security, according to the 2019 Travel Risk Map, launched by global risk experts International SOS in…

Iran has recently launched the construction of a railroad in Kerman Province.  The project will link the two cities of Bam and Jiroft, both located in the same province. Work is underway…

The goods and services Consumer Price Index for urban areas for Aban, the Iranian month ending Nov. 21, increased by 39.9% compared with the similar month of last year, the Central Bank of Iran…

The Tehran stock market has moved lower on consecutive trading days, as low oil prices continue to batter investment sentiment.  Tehran Stock Exchanges' main index TEDPIX has retreated 6%…

Iran exported 135 tons of saffron worth more than $178 million during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 48% and 27% growth in weight and value…

While US officials are traveling from place to place and maneuvering to increase economic pressure on Iran, it is essential that a diplomatic team from Tehran be commissioned to maintain regular…

The imposition of new sanctions on Iranian individuals and entities at regular intervals is an indication of the United States’ failure to achieve its intended objectives, a parliamentarian said…

President Hassan Rouhani has ordered officials to do whatever is necessary to accelerate relief efforts for victims of a 6.4-magnitude earthquake that struck near Iran’s border with Iraq on…

The European Union on Monday reaffirmed its support for the 2015 multinational nuclear deal with Iran, stressing that efforts to salvage trade relations are advancing. 

The export price index stood at 997.9 in the seventh month of the current fiscal year (Sept. 23-Oct. 22) to register a 17.5% increase compared with the preceding month and a 282.2% rise compared…

Minister of Economic Affairs and Finance Farhad Dejpasand has appointed Mehdi Mirashrafi to replace Foroud Asgari as his deputy and the new head of the Islamic…

No cigarettes were imported into Iran during the first half of the current fiscal year (March 21-Sept. 22) while 1.42 billion cigarettes were imported during last year's corresponding period,…

Iranian steel mills produced a total of 20.6 million tons of crude steel during the first 10 months of 2018, up 19% compared with last year’s corresponding period, the latest report of World…

Heads of the specialized commissions of Iran Chamber of Commerce, Industries, Mines and Agriculture recently met with other high-ranking private sector representatives to outline their proposals…

China National Petroleum Corporation has replaced France's Total in the South Pars gas project, Oil Minister Bijan Namdar Zanganeh said. "Total has been replaced by CNPC in Phase 11 of South…

Competent companies can and must play their role in developing oil and gas projects, the head of the Society of Iranian Petroleum Industries Equipment Manufacturers said.

Collection of associated petroleum gases from oilfields is a priority of the Oil Ministry and according to plans almost 90% of the APG will be collected by 2022, the production manager of…

Brent Crude is expected to average $75.50 a barrel next year, according to an S&P Global Platts survey of 11 top banks and oil brokers, who see OPEC cutting oil production by at least 1…

With tire prices skyrocketing, the Taxi Union is providing cabbies with tires at rates 40% lower than the market prices. The tires are offered to the cabbies at prices around 3 million rials ($…

Carlos Ghosn's downfall from the top of the auto industry is almost complete after Mitsubishi Motors removed him as chairman. The Japanese carmaker's board voted on Monday to oust the industry…

Turkey’s foreign minister objected to the Trump administration’s demand that it slash imports of Iranian petroleum products in six months, arguing that the time frame is too tight given his…

A 42 megawatt gas power plant in Zahedan, capital of Sistan and Baluchestan Province, started operations on Thursday in the presence of the Energy Minister Reza Ardakanian.

Costing…

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Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 84 million cubic meters per day by March, the managing director of Pars Oil and Gas Company said. "…