The exemptions granted to Iran’s biggest oil clients, which allow them to keep buying crude from the country, show that the US sanctions policy has failed, says Tehran’s ambassador in London.…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said enormous capacities in Iran can be exploited to overcome many of the economic problems facing the country. He made the statement…
European Union countries want to defy US President Donald Trump and keep funds flowing to Iran to save the nuclear agreement -- just as long as it doesn’t happen in their backyard.
Tehran Stock Exchange’s main index lost 1,217.88 points or 0.66% on Wednesday to end trading at 181,994.3. About 1.91 billion shares valued at $40.68 million changed hands at TSE for the day.…
The first phase of a plan to revive 550,000 hectares of land in border provinces of Khuzestan and Ilam was launched on Tuesday. Completed at a cost of $1.5 billion, the first phase covers 295,…
Iran and Estonia discussed ways of boosting lackluster trade levels. The issue was discussed during a meeting between Estonia's Ambassador to Iran Marin Mottus and the Iran Chamber of Commerce…
First Vice President Es’haq Jahangiri inaugurated two industrial projects in the capital city of Khuzestan Province on Tuesday. The newly-appointed Minister of Industries, Mining and…
Iran Airports Company registered 5,378 international takeoffs and landings during the Iranian month ending Oct. 22 to register a 27% decline in traffic compared with the similar period of last…
At this year's Baghdad International Fair, Iranian businessmen displayed thick, colorful Persian rugs to impressed onlookers while others showcased the latest in Iranian manufacturing in power…
Iran's top private sector representatives are increasingly focusing on improving the country's doing business ranking of the World Bank and have come up with actionable solutions that will…
US shale may be the darling of the oil industry now, but the boom is not going to last, according to the International Energy Agency. The richest areas will have been exploited by the mid…
Tehran received 46 millimeters of rainfall in the first 50 days of the autumn season, which shows a 300% increase compared to the 11mm of rain that fell in the corresponding period last year,…
Iran pumped around 3.29 million barrels per day in October, down from 3.45 million bpd in September, OPEC data shows.
According to OPEC secondary sources, Iran's average crude…
Iraq has agreed with Iran to exchange Iraqi food items for Iranian gas and energy supplies, two Iraqi government officials said on Wednesday. Baghdad is now seeking US approval to allow…
The Thermal Power Plants Holding Company says it will shut decrepit power plants producing 1,200 megawatts amid a push toward efficient electricity production and investments in renewables, head…
US sanctions and economic headwinds have taken a toll on Iran’s auto industries with local car companies reporting 15.1% decline in output. In an offhand response to business insiders’ warnings…
While a new scheme was to be implemented in Tehran to help curb air pollution, the plan has been delayed. The inaction by authorities has raised concern among environmentalists who say further…
No 1183
A liquefied natural gas cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on US imports, shipping data from Refinitiv Eikon showed on Monday…
Foreign exchange rates continued their downward trend on Tuesday even as new US sanctions are being imposed on Iran. According to reports from the open market, the rial was traded for 136,500…
The 40th Plenary Session of the United Nations World Tourism Organization Affiliate Members is currently underway in Hamedan, which is expected to put Iran's budding tourism sector on the…
Deputy Secretary of the US Treasury, Sigal Mandelker, announced that SWIFT had cut-off Iranian financial institutions targeted by the US sanctions, Sputnik reported.
Iran’s budget deficit came in bigger than expected in the first half of the current year (March 21-Sept. 22) to reach 372.3 trillion rials ($2.65 billion), latest data released by the Central…
The 4th Iran Transaction Exhibition opened on Tuesday at Goftegoo Park in Tehran. This year’s edition, known as ITE 2018, is being held under the theme of ‘Transaction Against Sanctions’, a…
A high-ranking Brazilian official on Monday met with Iranian counterparts to discuss development of bilateral ties in trade and environmental issues, among others.
