News ServiceEconomy

9/4/2018   --   7:18 PM
Iran sets up new special economic zones

Economy - Iranian parliament voted in favor of forming special economic zone in Khalkhal, Kiyashshar and Faridan making the number of new special economic zones in the country to hit 101.

8/27/2018   --   8:49 PM
Exports from Sistan-Balouchestan reach 477,000 tons

Economy - 477,000 tons of commodity worth $160m was exported from Sistan and Balouchestan province in the first five months of the current Iranian year (beginning March 21).

8/27/2018   --   8:45 PM
1,900 tourism projects to be implemented: Senior official

Economy - Completion of 1,200 tourism projects out of 1,900 by the end of President Rouhani’s government (2020) has given a momentum to tourism industry, said the head of Iran’s tourism body.

8/27/2018   --   8:40 PM
Largest wind farm opens in NW Iran

Economy - Iran's largest wind farm was inaugurated in Shiahpoosh region in Qazvin Province on Monday during a ceremony attended by Minister of Energy Reza Ardakanian.

8/26/2018   --   8:11 PM
Iran Economy Minister dismissed by Parliament

Economy - The Iranian minister of economy Masoud Karbasian failed on Sunday to regain vote of confidence of the country's Majlis (Iran parliament) and was removed by the lawmakers.

8/22/2018   --   10:55 PM
India looks to keep Iran oil lines open in face of US sanctions: Daily

Economy - India is working to ensure that its bilateral ties with Iran suffer no structural damage, even as New Delhi seeks to find a way to deal with the unilateral sanctions the US has imposed on the Persian Gulf nation.

8/18/2018   --   4:17 PM
Iran oil production cut hard to be offset: analyst

Economy - Other oil producers may find it hard to offset any cut in Iran oil exports beyond 500,000 bpd, wrote an Indian economic analyst.

8/18/2018   --   4:09 PM
Iran ups exports to Germany by 3-fold in weight

Economy - Iran's exports to Germany experienced a three-fold rise in weight during the first four months of the current Iranian calendar year (started on March 21)compared with the same period last year, the latest statistics from customs office said.

8/13/2018   --   9:18 PM
China to buy Iran oil regardless of US sanctions

Economy - As the biggest trade partner of Iran, China has long been importing Iranian oil, and will keep doing so despite US unilateral sanctions on Iran, the head of the international office of China Petroleum and Chemical Industry Federation (CPCIF) told the Islamic Republic News Agency (IRNA) on Monday.

8/12/2018   --   8:11 PM
Iraqi minister: No change in border trade with Iran

Economy - Iraqi Interior Minister Qasim al-Araji said on Sunday that no border crossing or commercial borders with the Islamic Republic of Iran will be closed.

8/11/2018   --   12:00 AM
IEA warns on negative global effects of Iran oil sanctions

Economy - The International Energy Agency (IEA) cautioned about global repercussions of the US anti-Iran measures for the oil market.

8/10/2018   --   11:54 PM
Iran says can fight off challenge of sanctions

Economy - Iran's economy minister said on Friday that the country can respond to the challenge of the US unilateral sanctions.

8/5/2018   --   7:44 PM
Iran exports worth $20m to Iraq per day

Economy - Iranian commercial attaché to Iraq announced that Iran exported $20m products to Iraq during the first 4 months of the current Iranian year (started on March 21).

7/31/2018   --   8:55 PM
Iran hosts biggest gas transmission network in ME

Economy - Managing Director of the Iranian Gas Transmission Company said that Iran with over 36,000 km pipeline, 81 compressor station, 9 exports/imports terminals ranks 1st in the Middle East and 4th in the world.

7/28/2018   --   9:24 PM
Iran carpet center to file lawsuit against US after sanctions

Economy - Iran will lodge a complaint in the international communities against US move to put Iranian hand-woven carpet on its sanctions list, head of Iran National Carpet Center announced on Saturday.

7/28/2018   --   9:22 PM
Iran int'l electronic exhibition opens in Tehran

Economy - The 24th Iran International Electronic, Computer and E-Commerce Exhibition kicked off here on Saturday with participation of over 400 startup companies.

7/23/2018   --   8:32 PM
Iran's Zangeneh, Russia's Novak Discuss Energy Cooperation

Economy - Iranian Oil Minister Bijan Zangeneh and Russian Energy Minister Alexander Novak held a meeting in Moscow on Monday and discussed energy cooperation between the two countries and through OPEC, Russia’s Energy Ministry said.

7/18/2018   --   5:17 PM
Iran's Chabahar paradise for export manufacturing

Economy - Chabahar Free Zone, due to its strategic geographical situation in the region, is a paradise for export-oriented manaugacturing, an Iranian official said.

7/7/2018   --   8:31 PM
East Azarbaijan exports $69m of agricultural crops

Economy - Exporting agricultural crops from provincial Customs Office in the first three months of the current Iranian year has increased 3 percent compared to the same period of the preceding year and in figure reached to $69 million, a provincial official said.

7/7/2018   --   8:31 PM
S. Korea not to stop loading Iran oil

Economy - South Korea rejects claims suggesting any halt to loading Iranian oil and gas condensates by its tankers in July.

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