Iran expands new COVID-19 cash handouts to 10 mln. more people
The Iranian government says new COVID-19 cash handouts will be available to an extra 10 million people as it intensifies efforts to…
Economy
Iran, Pakistan open 2nd border crossing for trade surge
Iran and Pakistan have inaugurated the second official border crossing for the transfer of goods and passengers. The border point opened during…
UN chief urges all countries to have trade with Iran conforming to Res. 2231
Secretary-General of the United Nations, António Guterres, called on all member states to preserve the July 2015 nuclear deal and engage “in…
Iran, Pakistan to open border crossing point to facilitate commerce
Iran and Pakistan will open a border crossing point to increase economic and trade exchanges, Iranian Foreign Ministry Spokesman Saeed Khatibzadeh says.…
Vietnam regrets US decision to sanction firm, says trade with Iran ‘strictly civilian’
Vietnam’s Foreign Ministry has voiced regret about a US decision to sanction a Vietnamese company for working with the Islamic Republic, saying trade…
Iran’s President Rouhani opens 99 projects
President Hassan Rouhani inaugurated 99 transportation and civil projects through video-conferencing in the 37th series of inauguration ceremonies across the country in…
Iranian tanker reportedly loading Venezuelan oil for export
A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export as the two countries apply new…
Iran needs no permissions to return to oil market, minister says
Iranian Petroleum Minister Bijan Zangeneh said on Monday that Iran will not seek the permission of others to return to oil market…
Iran’s chief banker says economy grew 1.3% in H1 fiscal year
Central Bank of Iran (CBI) governor Abdolnasser Hemmati says raw data related to the country’s economic performance in the first half of…
Iran’s intelligence ministry arrests members of illegal forex trading group
Iran’s intelligence ministry has issued a statement saying it has dismantled a major illegal foreign currency trading group amid efforts in the…
Iran will export some 2.3m bpd oil next year, says President Rouhani
Iranian President Hassan Rouhani said on Wednesday that Iran will export some 2.3 million bpd oil in the next fiscal year envisaged…
Iran’s economy on way to stability, growth: Rouhani
Iranian President Hassan Rouhani said on Tuesday that his administration’s wise investment in infrastructure projects has directed the country’s economy towards stability…
Iran’s agrifood exports up 13% in value terms in 8 month to late November
ran’s exports of agricultural products surged by 13 percent in value terms in the eight months to November 20 compared to the similar…
Iran’s Foreign Ministry activates Business Visa in electronic visa system
Iranian Foreign Ministry Director General of Passport and Visa Department, Hassan Nourian said on Monday that issuance of Business Visa has been…
Biggest Iranian flotilla en route to Venezuela carrying fuel, defying US sanctions
Bloomberg reported on Saturday that Iran is sending its biggest fleet yet of tankers to Venezuela in defiance of US sanctions to…
Unilateral sanctions against Iran targeting medicine: Health minister
Iran’s Minister of Health, Treatment and Medical Education Saeed Namaki says the unilateral sanctions imposed on the country have targeted medicine and…
Iran’s first export consignment arrives in Afghanistan via long-awaited railroad
The first consignment of Iranian export goods has arrived in Afghanistan through the long-awaited Khaf-Herat railroad, which is slated to be officially…
Iran launches new power projects
Iranian President Hassan Rouhani inaugurated 25 projects improving the national grid. In a videoconference on Thursday, the president inaugurated the projects that…
India looks to resume Iran, Venezuela oil imports under Biden
India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after Joseph Biden becomes president of…
Iranian minister stresses OPEC right to be cautious about fragile oil market
Iranian Oil Minister Bijan Namdar Zanganeh has supported calls within the Organization of Petroleum Exporting Countries (OPEC) for continued cuts to global…
Iran exports $73m worth of goods to Syria, says official
Managing director of Trade Promotion Organization of Iran for Arab-African affairs said based on the latest statistics about $73m worth of products…
Iran reports $118mln trade surplus for October-November
Iran’s customs office (IRICA) says the country’s balance of trade turned positive for the first time this calendar year in the month…
Iran’s oil production from shared fields with Iraq grows by 460% in seven years
Iran is producing more than 400,000 b/d of oil from West Karoon fields, shared with Iraq, which shows a 460 percent growth…
Iran extracts 400,000 bpd from Azadegan oilfield: Zangeneh
Minister of Petroleum Bijan Zangeneh announced on Thursday that Iran extracts 400,000 barrels of oil per day from southwestern joint Azadegan oilfield.…
Iran’s natural gas production tops 900 mcm per day: NIGC chief
Iran’s production of natural gas has reached 900 million cubic meters (mcm) per day, according to latest government figures, as the country…
US envoy to Iran says more sanctions coming, urges Biden to maintain leverage
The Trump administration plans to tighten sanctions on Tehran during its final months in power, the top U.S. envoy on Iran said…
Iran may tap sovereign fund to pay compensation for downed jet
Iran may decide to use its sovereign wealth fund to pay compensation for a Ukrainian airliner that was downed near Tehran early…
Iran, Qatar ink economic MoU
At the end of the 7th meeting of the Iran-Qatar Joint Economic Commission, the sides inked the commissions’ MoU. The MoU was signed…
More foreign firms eager to work with Iran: Spokesman
A growing number of foreign companies have shown enthusiasm for cooperation with Iran recently, the Iranian administration’s spokesperson said. Speaking at a…
Output up by 8% in Iran’s golden year for petrochemicals: Report
ran has seen its output of petrochemical products increased by eight percent in the first seven months of the current calendar year,…
First South-North freight transit under TIR processed through Iran
A senior Iranian customs official says a first ever cargo passing through the so-called South-North corridor under an internationally guaranteed system of freight…
Iran’s exports to EU hit a 13% growth in nine months
Iran’s export of non-oil products to the European Union registered a 13 percent hike in the nine months of the current year…
Iran launches cash handout scheme covering 30 mln for four months
The Iranian government has launched a comprehensive cash handout scheme covering 30 million people for the next four months amid a fresh…
Iran’s Mokran Coasts to become new energy hub
Governor-General of Hormozgan province said that petroleum and refinery mega projects are being done in Jask County, adding that Mokran Coasts will…
Iranian government to pay $2.25bn in direct staples subsidies amid virus surge
Iran’s Guardian Council, a watchdog supervising legislative procedures in the country, has approved a parliament motion that orders the administrative government of…
Iran prepares loan handouts for 10mln households amid renewed virus surge
The Iranian government will launch a fresh loan support program to cover 10 million families affected by its restrictions meant to curb…
11 projects inaugurated in Anzali Port of Iran
In a ceremony on Tuesday, 11 projects were either inaugurated or kicked off to boost the strategic Iranian port in the Caspian…
German investors becoming active in Iran’s manufacturing, mining sectors
New data released by the Iranian government shows German investors are becoming increasingly active in the country’s manufacturing and mining sectors as…
Iran, Iraq targeting annual trade vol. $20b
Consul General of the Islamic Republic of Iran in Iraq’s Sulaymaniyah said that Iran and Iraq are planning to reach bilateral trade…
Rouhani: Next year budget bill aims to cut direct reliance on oil revenues
President Hassan Rouhani said on Saturday that Iran’s next year budget bill aims to fully stop the country’s direct reliance on oil…