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…
Economy
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…
Iran-Europe trade at near $9bn in 7 months to October: IRICA
Iran’s customs office (IRICA) says trade with countries in Europe, including Turkey, reached nearly $9 billon in seven months to late October.…
Russia’s Aeroflot resumes restricted flights between Moscow and Tehran
Russia’s main airline company Aeroflot is resuming flights between Moscow and Tehran while considering special restrictions for passengers to prevent the spread…
Iran’s FTA with EAEU to boost country’s regional trade
Iran is slated to host an economic gathering of Eurasian countries this month in an effort to counter Washington’s unlawful sanctions. In…
Iran launches outdoor 5G trial as internet reaches more villages
A first outdoor network to provide fifth generation of internet technology (5G) has been successfully tested in Iran as telecoms minister vows…
New Iranian note with pale zeros symbolizes transition to new currency
The Central Bank of Iran (CBI) has launched a new version of the most frequently-used bank note in the country to signify…
‘Indian equipment for Chabahar development to arrive by Mar.’
In an interview with Mehrnews, PMO Head Mohammad Rastad informed that the 1st consignment of the Indian equipment for the development of…
Iran has exported 700,000 bpd of oil since March – Fars
Iran’s average oil exports have been 700,000 barrels per day since March, the country’s deputy head of Budget and Planning organisation said…
Iran, Qatar ministers review cooperation on electricity
Iranian Minister of Energy Reza Ardakanian and Qatari Minister of State for energy affairs reviewed ways to advance the agenda of cooperation…
Iranian energy minister in Qatar to expand bilateral agreements
Iranian Energy Minister Reza Ardakanian has travelled to Qatar to expand on a series of energy agreements signed between the two countries…