Iran’s dairy exports at $700m per annum
Financial Tribune – A total of $700 million worth of dairy products are exported from Iran annually, according to the secretary of…
Economy
NIDC drills 88 wells since March
SHANA – The National Iranian Drilling Company (NIDC) has successfully completed drilling operations on 88 oil and gas wells over the first…
Iran investing over $1.5bn on gas network in deprived region
Press TV – Iran’s Oil Ministry is investing more than $1.5 billion on completing the national gas grid in the deprived and…
Iran exports 27,000 tons of egg to PG littoral states in 9 months: official
MNA – Head of Iran Veterinary Medicine Organization (IVMO) Alireza Rafieipour said that Iran exported 27,000 tons of eggs to the Persian…
Iran says steel industry growing after US turns up sanctions heat
Press TV – Iran’s industrial metals, specifically steel, are the latest target in the Trump administration’s maximum pressure campaign, but officials say…
Russia, China want Iran to adopt FATF rules: Chief banker
Press TV – The governor of the Central Bank of Iran (CBI) has said that China and Russia have urged Tehran to adopt…
Iran’s non-oil export basket incongruous
Financial Tribune – A total of 4,376 types of products in the basket of Iran’s non-oil exports earned the country $44.31 billion…
Iran’s cargo transit capacity fivefold higher than actual transfer
Financial Tribune – Iran’s nominal cargo transit capacity stands at 50 million tons per year, which is fivefold higher than the actual…
Refinery plans to save Iranian Cheetah in Hormuzgan
SHANA – Persian Gulf Star Refinery has initiated a scheme aimed at preserving Iranian cheetahs in Geno mountains, Hormuzgan Province, southern Iran.…
Iran Fara Bourse among top FEAS members
Financial Tribune – Iran Fara Bourse, over-the counter stock market based in Tehran, was ranked second in terms of value and volume…
Budget plan reveals Iran’s shifting priorities in foreign policy
Al-Monitor | Heidarali Masoudi: Iran’s parliament is studying a proposed budget for the next fiscal year amid an extremely tight economy suffering…
Iran tourist arrivals up by %30 each year since US sanctions enacted: VP
Press TV – The number of international visitors to Iran has surged for the past two calendar years despite a series of…
Fuel smuggling in Iran: A strange narrative
Financial Tribune | Hamid Molazadeh: The Tehran government’s protestations about fuel smuggling from the eastern and southern borders have become a permanent…
CNG-powered cars could generate $1.8b/y for Iran
SHANA – A senior Iranian official in petroleum refining affairs said converting petro guzzlers into CNG-run vehicles could generate 1.8 billion dollars…
Iran: Exports of ferrous minerals earn over $4.6 billion in 7 months
Financial Tribune – Iran exported $4.63 billion worth of ferrous minerals in the first seven months of the current Iranian year (March…
Tests start in Sardar-e-Jangal
SHANA — Ahmad Shirzadi, exploration director at Khazar Exploration and Production Company (KEPCO), has announced the start of two major projects within…
South Pars marked with Iranian manufacturers
SHANA — The remaining platforms of phases 13, 14 and 22-24 of the giant offshore South Pars gas field are set to…
Gov’t can borrow €3.4b from NDFI
Financial Tribune – The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts…
Iran’s daily gasoline consumption down by %15.9: Official
Press TV – Iran’s daily consumption of gasoline has dropped by almost a sixth more than a month after the government announced…
Rouhani claims US sanctions will pass
Al-Monitor – Iranian President Hassan Rouhani has suggested his country believes the US economic sanctions and pressure on the Islamic Republic will…
Official: Iran to announce discovery of new oil field soon
Press TV – The National Iranian Oil Company (NIOC) expects to announce the discovery of a new oil field in Khuzestan province…
Upgrading automotive industry to cut Iran petrol consumption by 17 ml/d
SHANA – Iran could save its petrol consumption by 17 million liters per day once it upgrades its automotive industry, an official…
Annual inflation in Iran at 40 percent, statistical center reports
Radio Farda – Iran’s Statistical Center (ISC) has reported the inflation rate to have reached 40 percent in the 12 months ending…
Azeri official says Baku not to join any sanctions against its neighbors
IRNA — Azeri Chairman of the Committee on International Relations of the National Assembly said on Monday that Baku will not join…
Iran remains world’s 10th biggest steel producer YOY
Financial Tribune – Iranian steel mills produced a total of 23.64 million tons of crude steel during the first 11 months of…
Iran launching global saffron exporting bloc to increase trade share
Press TV – Iranian saffron exporters are mulling an international bloc of countries involved in the trade of the red gold as…
Rep. Ilhan Omar leads call on Trump administration to reduce Iran sanctions
Vosizneias – Seventeen members of Congress, led by Reps. Raúl M. Grijalva (D-Ariz.), Barbara Lee (D-Calif.) and Ilhan Omar (D-Minn.), sent a…
Public-private partnership to help complete development projects in Iran
Financial Tribune – As per the new budget bill for the next fiscal year, a total of 1,431 development projects at the…
Iran: Defense Ministry strengthening collaborations with automakers
Financial Tribune – With US sanctions taking a harsh toll on Iranian car companies, the Defense Ministry has extended help to the…
Iran’s handmade carpet exports earn $30m in seven months
Financial Tribune – A total of $30 million worth of hand-woven carpets were exported from Iran during the first seven months of…
Why Namavaran discovery is a breakthrough
SHANA | Negar Sadeqi: Iran’s President Hassan Rouhani, during a provincial tour of Yazd in October, said the country’s second largest oil…
Bullion beats sanctions: Muslim states may switch to gold & barter trade
RT – Iran, Malaysia, Turkey and Qatar are looking into using gold and barter for trade to shield themselves from any future…
Iran to receive 3 new Airbus passenger planes soon
MNA – Iranian road minister informed on Sunday that three new Airbus planes will be added to the country’s air fleet. Mohammad…
Pres. Rouhani: Japan proposes new way to evade US sanctions against Iran
MNA – Referring to Japan’s willingness to continue their cooperation with Iran, Iranian President Hassan Rouhani said Japanese officials proposed a way…
Muslim countries reveal how they will tackle US sanctions threat
Sputnik – Earlier this week, Iranian President Hassan Rouhani urged the Muslim world to join forces and take measures to get rid…
Muslim nations consider gold, barter trade to beat sanctions
Reuters – Iran, Malaysia, Turkey and Qatar are considering trading among themselves in gold and through a barter system as a hedge…
Renewables can help curb gas consumption in Iran
Financial Tribune – Renewable energy can lower demand for natural gas by diversifying energy supplies, a consultant to the Energy Ministry’s Niroo…
Iran-EU trade plunges 74%
Financial Tribune – Trade between Iran and EU member states during the first 10 months of 2019 (January-October) stood at €4.31 billion…
Poles help stranded Iranian lorry driver
AFP – An Iranian driver who was stranded after his lorry broke down in Poland received a helping hand from locals who…
Analyzing Iran’s new state budget
Al-Monitor | Bijan Khajehpour: On Dec. 8, President Hassan Rouhani presented his budget bill for the next Iranian year — starting March…