China top buyer of Iranian steel in 5 months to August: IRICA
China was by far the top buyer of Iranian steel in the first five months of the current calendar year ending August…
Economy
Iran allows early repayment of sukuk bonds through crude
Iran’s finance ministry has issued a notice allowing the repayment of sukuk, debt bonds that are compliant with Islamic financial principles, through…
Iran to provide household access to 5G broadband by February: Minister
Iran’s telecoms minister Mohammad Javad Azari Jahromi says household access to fifth-generation (5G) broadband service will begin in the country by February…
Official: €500m investment to be made in Chabahar
Chabahar potentials have attracted many investors and a company has requested to make €550m investment in Chabahar, deputy governor of Sistan and…
Foreign students to start courses in Chabahar University soon
Head of Chabahar International University said that some 30 to 90 foreign students from Afghanistan will start studying in 22 majors in…
Iran lifts supply at gas storage facilities by over 30%: NIGTC
The National Iranian Gas Transmission Company (NIGTC) says supply at two natural gas storage facilities in the country have increased by more…
New factory raises Iran’s steel ingot output
A large steel factory that came into operation in southern Iran on Saturday will increase the country’s steel ingot production capacity by…
Despite sanctions, Iran’s oil exports jumped in September: Tracking firm
Iran’s exports of crude oil and condensate jumped in September amid unilateral sanctions imposed by the United States. That is according to…
Individuals behind economic corruption have nowhere to flee: Iran Judiciary chief
Iran’s Judiciary chief Ebrahim Raeisi has said that individuals behind money laundering, economic corruption and instability in the country will have nowhere…
Pandemic, sanctions hit EU’s exports to Iran as imports surge: Report
The spread of the coronavirus pandemic and new US sanctions caused a drop in trade between Iran and the European Union countries…
Iran obtains technology to turn methanol to propylene
Iran’s petrochemical industry has attained a major achievement by obtaining the know-how to turn methanol into propylene (MPT), a technology which authorities…
President invites world people to Iran to see old civilization
President Hassan Rouhani on Thursday highlighted Iranian longstanding civilization and cultural heritage, inviting the world people to Iran to see old civilization.…
President opens national tourism, sports projects across Iran
President Hassan Rouhani on Thursday inaugurated several cultural, tourism and sports projects across the country via video-conference. The virtual inauguration ceremony was…
New platform installed in Persian Gulf oilfield
Iranian technicians and engineers have successfully installed another offshore drilling rig in the Persian Gulf waters as the country keeps expanding crude…
Venezuela: Aggressive US sanctions won’t hinder free trade with Iran
Caracas has denounced the latest US sanctions against Venezuela and Iran as an act of “aggression,” saying such “arrogant” actions cannot prevent…
22 oil, gas fields under study by Iran universities
SHANA — The CEO of the National Iranian Oil Company said: “Including the first 9 contracts of the research study plan to…
Indian, Emirati container ships dock in Chabahar Port
IRNA – The Managing Director of Ports and Maritime Organization of Iran (PMO) Behrouz Aqaee said on Monday that two container ships…
Iran’s oil minister calls US sanctions a “war with no blood”
Reuters – Iranian oil minister Bijan Zanganeh said on Monday that the United States was waging a war against Iran by imposing…
China dismisses US claims of UN sanctions on Iran as baseless
MNA – China’s Foreign Ministry Spokesperson Wang Wenbin called US claims on returning UN sanctions on Iran baseless. China is following Iran’s…
CBI governor vows improving foreign currency market conditions
FNA – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said despite the US maximum pressures, the country expects improving…
UN chief says will take no action on Iran sanctions
Tasnim – United Nations Secretary-General Antonio Guterres told the Security Council he cannot take any action on a US declaration that all…
Iran’s rial hits record low as tension spikes with the US
Reuters – The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day…
Bidboland Persian Gulf Project named for 2020 world mega projects award
SHANA — The Persian Gulf Bidboland gas refining project was announced as one of the four finalists for the mega project of…
Trade between Iran, Turkey drops 67% in 7 months on year
Tehran Times – The value of trade between Iran and Turkey fell 67 percent in the first seven months of 2020, from…
Turkey’s Halkbank urges dismissal of Iran sanctions criminal case in US
Reuters – Halkbank on Friday urged a judge to dismiss a U.S. indictment accusing the state-owned Turkish lender of helping Iran evade…
Sanctions against Iran have never worked out, Russian FM says
Tasnim – Russian Foreign Minister Sergey Lavrov said sanctions on Iran will never “work out”, warning against attempts aimed at demonizing the…
US issues fresh Iran-related sanctions – US Treasury website
Reuters – The United States has imposed sanctions on two entities and a number of individuals linked to Iran’s intelligence and security…
Iran’s oil minister seeks help from IRGC controlled firm to export oil
Radio Farda – Highlighting his “great efforts to circumvent the sanctions,” Islamic Republic Oil Minister Bijan Namdar Zanganeh disclosed that he had…
Lawmaker: Iran to restore unlimited peaceful N. industry if UNSC sanctions reinstated
FNA – A senior member of the Iranian parliament’s National Security and Foreign Policy Commission warned that if the US returns the…
Iran ranks top in oil & gas exploration
IRNA – National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil…
Iran’s economy regaining balance after COVID-19 shock: Top banker
Tasnim – The Governor of the Central Bank of Iran said the country’s economy has begun to recover after the shock of…
Iran ranks 1st in world oil and gas discovery in 2019
SHANA — The National Iranian Oil Company (NIOC) ranked first among the world’s largest oil companies in terms of total oil and…
Iran’s oil exports more than halved in year ending March 2020
Bloomberg – Iran’s oil revenue slumped by more than half in the last Iranian calendar year, relative to government forecasts for the…
Currency, gold keep climbing
Financial Tribune – Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of…
Iran, US battle over sanctions at world court
Tasnim – The United States and Iran will face off at the UN’s top court on Monday in the latest round of…
Official: Iran to accelerate trade with Turkey
IRNA – Iran is ready to increase trade exchanges with Turkey, the head of Iran Customs Administration said, referring to carrying out…
India could lose basmati rice market in Iran to Pakistan as US sanctions disrupt payments
The Print – Tehran and New Delhi explore barter trading options even as Iran has stepped up importing basmati rice from Pakistan. …
Iran says it supports OPEC as far its interests are protected – SHANA
Reuters – Iran supports OPEC as far as the group protects Iranian interests alongside other members, Iran’s OPEC governor Amir Hossein Zamaninia…
Iran western borders resume normal activities lifting lockdown
IRNA – Border restrictions to contain coronavirus pandemic were lifted on Mehran and Shalamcheh, western Iran. with resumption of normal activities. Iranian…
Iran exports $2.5b non-oil products to Arab states
IRNA – Iran has exported about $2.5b worth of non-oil products to Arab states in the Persian Gulf and the Middle East…