Iran may barter car parts, gas turbines for Russia’s steel: Minister
Iran and Russia may introduce major barter arrangements to facilitate trade between the two countries, including a plan that could allow Iran…
Economy
World must unite against US unilateralist policies: Shamkhani
Secretary of Iran’s Supreme National Security Council (SNSC) said that the world must unite with one another to counter US unilateralism. Rear…
WEF chief hopes for an agreement in Vienna talk
President of the World Economic Forum (WEF) expressed hope that an agreement would reach between Iran and P4+1 group in Vienna. Børge…
Iran did not receive assurances on economic benefits in talks
Iranian Foreign Minister Hossein Amir-Abdollahian has said that Iran recently put forward an initiative in the Vienna talks but it has not…
Italy eyeing on using Iran’s economic potentials
Secretary-general of Italy’s foreign Ettore Francesco Sequi, in a meeting with Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari, said that…
Iran’s FM leaves Tehran for Switzerland’s Davos 2022
Iranian Foreign Minister Hossein Amir-Abdollahian left Tehran for Switzerland on Wednesday to attend the World Economic Forum Annual Meeting 2022 (Davos). The…
Iran ready to boot scientific coop. with Caspian Sea states
Expressing Iran’s readiness to boost scientific cooperation with the Caspian Sea region, the Iranian Consul-General said that the youth of Caspian Sea states…
Minister: Iran agrees to jointly develop Hengam oilfield with Oman
Minister of Petroleum Javad Owji says Iran agreed to form a committee with Oman to jointly develop the Hengam oilfield, which straddles…
Iran ready to cooperate with Bulgaria in energy field
In a meeting with the Bulgarian official, Iran’s Deputy Foreign Minister for Economic Diplomacy said that Iran is ready to cooperate with…
Iran agrees to revive gas pipeline project to Oman
Iranian Minister of Petroleum Javad Owji, who is on a visit to Oman, has agreed to revive a project for laying a…
Iran steel productions exceed 53mn tons last year
Major mining, mineral and industrial companies of the country managed to produce more than 53,245,200 tons of crude steel and steel products…
‘Russia no threat’: China to receive 2 million barrels of Iran oil
A very large Iranian crude carrier is set to discharge 2 million barrels into an oil terminal in China this week after…
Iran, Azerbaijan discuss boosting economic ties
The Iranian Foreign Minister and the Azerbaijan First Deputy Prime Minister called for boosting Tehran-Baku economic ties, especially in the energy and…
Tehran, Havana agree to increase trade, economic ties
Iranian Finance and Economic Affairs Minister Ehsan Khandouzi and Cuba’s deputy prime minister, and the Cuban president’s special envoy Ricardo Cabrisas, met…
Iran ready for gas swap from Turkmenistan to Armenia
Iranian Minister announced the readiness of the Iranian gas network to start a gas swap from Turkmenistan to increase gas exports to…
Oil Ministry to launch over 40 new projects worth $30bn
Iran’s Oil Minister Javad Owji on Monday announced that his ministry will launch more than 40 projects worth $30 billion by yearend.…
Saudi Minister: Riyadh invites Iran to talk on joint gas field
Saudi Energy Minister Abdulaziz bin Salman said that his country has invited Iran to negotiate on Arash gas field. The Kingdom has…
Iran to invest $2.8b for oil, gas development studies
Four Iranian entities are going to sign memoranda of understanding worth 2.8 billion dollars for development studies of oil and gas fields.…
Iran will double oil exports if foreign problems are solved: NIOC chief
Iran’s state run oil company the NIOC says it will be able to immediately double its crude exports if problems facing the…
Iran’s NIOC, Russia’s Gazprom agree to enhance cooperation
National Iranian Oil Company (NIOC) and Russia’s Gazprom Company agreed to strengthen cooperation in relevant fields. Speaking in his meeting with Russia’s…
Japanese tourists visit Iran after a two-year slump in arrivals
A group of Japanese tourists have traveled to Iran after a two-year standstill due to the COVID-19 pandemic which ground the entire tourism…
Iran, Cuba to increase trade, economic cooperation
Iran and Cuba agreed to increase trade relations through the development of joint trade and economic cooperation. Iranian Minister of Industry, Mine…
Iran approves major price hikes for four basic food items
The Iranian government has approved major price hikes for four essential food items as part of a plan to liberalize prices by…
Iran’s largest automaker IKCO reports record daily output
Iran’s largest carmaker the IKCO has reported a record daily output figure amid efforts in the company to improve production processes. The…
26th Int’l Oil, Gas, Refining & Petrochemical Exhibition opens in Tehran
The 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) kicks off on May 13 at Tehran…
Romanian ambassador says economic cooperation with Iran increasing
Romanian Ambassador to Tehran, Mirla Carmen Greco said on Wednesday that economic cooperation between her country and Iran, especially in agricultural areas,…
Iran’s domestic wheat purchase at 1.5 mln mt in month to May 11: GTC
The Government Trading Corporation (GTC) of Iran has bought nearly 1.5 million metric tons (mt) of wheat from farmers in the country in…
Iran hands out $1.5bn worth of cash subsidy to over 23.6 million households
The Iranian government has granted around $1.5 billion worth of cash subsidies to more than 23.6 million households in the country as…
Iran ready to meet part of energy demand in Europe: Deputy President
An Iranian deputy president says the country will be ready to supply part of Europe’s energy needs if governments in the region…
Iran-Armenia Joint Economic Committee meeting slated for May 10
Iran’s Deputy Iranian Foreign Minister for Economic Diplomacy Mehdi Safari said on Monday that the 17th Joint Ira-Armenia Economic Committee meeting of…
Iran to launch its first cruise ship in port of Bushehr
A first cruise liner sailing under the Iranian flag is set to launch in the very near future with routes that cover…
IMF: Iran becomes 20th world’s largest economy despite sanctions
According to the statistics of International Monetary Fund (IMF), Iran was turned into the 20th largest economy in the world in spite…
Tehran, Baghdad reach agreement over gas export from Iran
Spokesman for Iraqi Ministry of Electricity Ahmed Musa said that Baghdad has reached an agreement with Tehran on export of Iranian gas…
Iran-Indonesia trade can be boosted by using national currencies: Deputy FM
Iran is ready to switch to national currencies in bilateral trade with Indonesia as the two countries seek to expand their trade…
Iran invites Brazilian firms to invest in Petchem industry
The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said: “PGPIC has 14 projects under construction with a domestic return price…
Sari 2022 to introduce Iranian tourism capacities
The international event of Sari 2022 is going to introduce national touristic capacities of Iran in particular during its opening ceremony in…
Iranian apple getting popular in India because of price and quality: Exporter
An Iranian agriculture products exporter says Iranian apple is getting more popular in India because of price and quality issues despite media…
Iran preparing cash handouts to offset flour price hike
The Iranian government will offer direct cash handouts to the people in the country to offset a decision to raise the price…
Iran to ramp up cooking oil imports to prevent shortages
Iranian agriculture ministry (MAJ) plans to ramp up imports of cooking oil into the country to prevent any shortages that could be…
South Pars Phase 11 to produce 14MCM of gas per day: Official
The Phase 11 of South Pars Gas Field is scheduled to produce 14 million cubic meters (MCM) of gas per day by…