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  • Iran Japan 2017-03-30 01:03

    Iran-Japan investment protection agreement to enter into force late-April

    TEHRAN – The embassy of Japan in Tehran announced that the agreement on mutual protection of investment between Iran and Japan will enter into force from April 26.

  • Iran-Russia 2017-03-28 22:43

    Iran, Russia sign MOU on gas co-op

    TEHRAN- National Iranian Oil Company (NIOC) and Russian top gas producer Gazprom signed a memorandum of understanding (MOU) on cooperation in the field of natural gas on Tuesday, IRNA reported.

  • Iran inflation 2017-03-28 22:21

    Annual inflation rate stands at 9%: CBI

    Tehran- Iran's inflation rate stood at nine percent during the past Iranian calendar year of 1395 (ended on March 20, 2017), according to the latest report released by the Central Bank of Iran (CBI).

  • نیروگاه شهید رجایی قزوین 2017-03-28 12:40

    Iran boosts electricity generation capacity by 2.199GW

    TEHRAN – Iran increased its electricity generation capacity by 2.199 gigawatts, boosting it to 76.302GW, in the past Iranian calendar year 1395 which ended on March 20, according to a report by the Iran Power Grid Management Company.

  • Airbus 2017-03-28 00:53

    Iran to receive 9 new Airbus planes by end of 2018

    TEHRAN- Frahad Parvaresh, the managing director of Iran’s flag carrier airline Iran Air, announced that the country will receive four new Airbus planes in 2017 and five other Airbus jets in 2018, Mehr news agency reported.

  • Iran Russia 2017-03-28 00:36

    Iranian, Russian companies to collaborate on railway wagon building

    TEHRAN- Industrial Development and Renovation Organization of Iran (IDRO) signed a cooperation MOU with Russia’s largest company in the railway machine-building market, Transmashholding, on Monday, IRNA reported.

  • privatization 2017-03-27 02:09

    All planned state-owned companies to be privatized in a year: fin. min.

    TEHRAN- The shares of all state-owned companies that had been previously planned to be privatized will be transferred to the private sector by the end of current Iranian calendar year (March 20, 2018), Iranian Finance Minister Ali Tayyebnia announced.

  • Iran mining 2017-03-27 01:40

    Minerals, mining exports reaches $5.4b in 10 months

    TEHRAN- Based on the latest data released by Iran's Costumes Administration, the value of the country's minerals and mining industries exports reached $5.4 billion during the first ten months of the previous Iranian calendar year (ended on January 19).

  • Iran-Sweden 2017-03-26 01:15

    New Swedish firm offers Iranian stock investment for bitcoin

    Brave New World Investments AB, a new firm registered in Sweden, is now accepting deposits in bitcoin which it converts to Iranian Rial and invests in equities on the Tehran Stock Exchange. It does this on behalf of its European shareholders while also searching for angel investors among the Persian and bitcoin communities in Europe.

  • Iran petchem 2017-03-26 01:01

    New complexes to add 9.5mt to Iran's petchem output: Zanganeh

    TEHRAN – Iranian oil minister said on Saturday that new petrochemical complexes going online will add 9.5 million tons (mt) to the country's petrochemical output, IRNA reported.

  • Iran-China seminar 2017-03-26 00:52

    Iran-China economic co-op seminar to be held next week

    Tehran – An Iran-China economic cooperation seminar is due to be held on April 5, IRNA cited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)'s public relations office.

  • post sanction Iran 2017-03-25 00:34

    219 foreign delegations negotiate insurance co-op with post-sanction Iran

    TEHRAN- After the implementation of JCPOA (joint comprehensive plan of action which lifted sanctions against Iran in January 2016) until the end of last autumn, some 219 foreign delegations have visited the country to negotiate cooperation in different areas including insurance, ISNA reported.

  • نفت گاز نفتکش 2017-03-24 14:13

    China’s Feb. Iranian crude import up 18%

    TEHRAN - China imported in February 657,900 barrels of crude oil per day from Iran, an increase of 18 percent year on year, according to data from the Chinese General Administration of Customs.

  • Iran mining 2017-03-24 13:02

    Mining sector’s share in Iran’s GDP to rise to 1.5%

    TEHRAN- The share of mining sector in Iran’s gross domestic product (GDP) will be increased to 1.5 percent in the Sixth National Development Plan (2016-2021) from the current figure of 1.1 percent, Deputy Industry, Mining and Trade Minister Jafar Sarqini told IRNA on Friday.

  • Iran dams 2017-03-24 01:41

    16 embankment dams to be inaugurated in this calendar year

    TEHRAN- Managing Director of Iran Water Resources Management Company Mohammad Haj-Rasouliha announced that 16 embankment dams will be inaugurated in the country during the current Iranian calendar year (which started on March 21).

  • Iran post-sanction deals 2017-03-24 01:36

    117 industry, mining, trade co-op documents inked with foreigners post sanctions

    TEHRAN- Iran’s Ministry of Industry, Mining and Trade has signed 117 cooperation documents with renowned foreign companies in post sanctions era, IRNA reported on Thursday.

  • Iran oil to Belarus 2017-03-23 15:12

    Iranian tanker with oil for Belarus arrives in port of Odessa

    An Iranian tanker with oil for Belarus arrived in the port of Odessa, said the Deputy Director General of CJSC “Belarusian oil company” Sergey Mushroom.

  • non-oil exports 2017-03-23 02:24

    Annual non-oil export from Iran stands at $40b: Jahangiri

    TEHRAN- Iranian First Vice President Es’haq Jahangiri put the country’s worth of non-oil exports at $40 billion in the past Iranian calendar year of 1395 (ended on March 20), ILNA reported on Wednesday.

  • renewable energy 2017-03-23 01:41

    Iran’s renewable energy capacity to hit 700-850MW in a year

    TEHRAN- Iran’s renewable energy generation capacity will reach 700-850 megawatts (MW) in the current Iranian calendar year (which began on March 21), Seyed Mohammad Sadeqzadeh, the deputy energy minister, announced.

  • Housing sector 2017-03-23 01:32

    Over $2.4b finance to be injected to housing sector

    TEHRAN- Iran's deputy transport and urban development minister announced that nine trillion rials (over $2.4 billion) of finance will be injected to the housing sector in the current Iranian calendar year (which began on March 21), Tasnim news agency reported.

  • Job creation 2017-03-23 01:26

    Annual job creation stands at 700,000: vice president

    TEHRAN- Iran’s Vice President Es’haq Jahangiri said that 700,000 jobs was created in the country during the past Iranian calendar year (which ended on March 20), IRNA reported on Wednesday.

  • Azar oil field 2017-03-22 09:39

    Azar oil field’s output to reach 30,000 bpd in spring

    TEHRAN- Oil extraction from Azar oilfield will reach 30,000 barrels per day (bpd)  in spring 2017, which corresponds to the first quarter of the current Iranian calendar year (March 21-June 21), ISNA reported.

  • Imam Khomeini International Airport 2017-03-22 09:16

    Investment deals worth $320.8m inked with private sector to develop IKIA city

    TEHRAN- Investment deals worth 12 trillion rials (about $320.85 million) have been signed with the private sector in the past Iranian calendar year (which ended on March 20) for development of Imam Khomeini Airport City, Mahmoud Navidi, the managing director of Imam Khomeini Airport City Company, announced.

  • Iran Fishery 2017-03-22 07:58

    Fishery output stands at over 1m tons in a year

    TEHRAN- Over 1.05 million tons of fisheries was produced in the country during the past Iranian calendar year (which ended on March 20), according to Hassan Salehi, the head of Iran’s Fisheries Organization.

  • Inflation 2017-03-21 00:32

    Inflation rate in urban areas stands at 6.8%

    TEHRAN -The Statistical Center of Iran announced that the inflation rate in the urban areas for the 12-month period ended in Esfand, the last month of the past Iranian calendar year (ended on March 20), hit 6.8 percent, Tasnim news agency reported.

  • South Pars oil layer 2017-03-21 00:22

    Iran starts oil recovery from South Pars oil layer

    TEHRAN- Iran started pumping oil from the oil layer of South Pars gas field (in the Persian Gulf), on Sunday, Gholam-Reza Manouchehri, the deputy managing director of National Iranian Oil Company (NIOC) for engineering and development affairs, announced.

  • افزایش صادرات نفت ایران 2017-03-18 14:08

    Iran to raise oil exports to Europe by 60% within two months

    TEHRAN- Iran will increase oil exports to Europe by 60 percent by the next two months, National Iranian Oil Company’s managing director said, IRNA reported on Saturday.

  • Iran-Azerbaijan 2017-03-17 14:19

    Tehran, Baku stress expansion of economic ties

    TEHRAN- In a Thursday meeting in Baku, the capital city of Azerbaijan, Iranian Communication and Information Technology Minister Mahmoud Vaezi , who leads the Iranian side of Iran-Azerbaijan Joint Economic Committee, and the Azeri co-chairman of the committee, put emphasis on the expansion of economic ties between the two countries.

  • NIOC head 2017-03-17 13:28

    Iran’s oil output to reach 4m bpd by April 20: NIOC head

    TEHRAN- Oil production in Iran will reach four million barrels per day (bpd) by the end of the upcoming Iranian calendar year’s first month of Farvardin (March 20), National Iranian Oil Company (NIOC) Managing Director Ali Kardor announced in an interview with Seda weekly.

  • Iran-New Zealand 2017-03-17 12:42

    New Zealand aims to revive sheep meat export to Iran

    TEHRAN- New Zealand aims to revive the export of sheep meat to Iran, as the country’s exporters consider it a lucrative trade, according to