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News about Economy

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).

8/18/2018   --   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.

8/10/2018   --   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   --   7:42 PM
Iran’s steel production capacity up by 80m tons

Politics - Minister of Industry, Mine and Trade Mohammad Shariatmadari said that Iran’s steel production capacity has increased from 122 million tons to over 200 million tons since the Government of Hope and Prudence came to power in 2013.

7/28/2018   --   9:26 PM
Iran's South Pars exports up by 22 pct

Politics - Exports from Iran's hub of energy have increased by 22 percent in the first four-month period of the current Iranian year (March 21, 2018-July 22, 2018)

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.

7/7/2018   --   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.

6/30/2018   --   11:35 PM
Departure of French automakers from Iran not certain: Minister

Economy - The Iranian Minister of Industry, Mine and Trade said that French automakers Peugeot and Renault are yet to announce their official departure from the Iranian market, because of their investments and interests in the country.

6/29/2018   --   10:30 PM
If Iran oil exports hit 4 mbd, sanctions would be impossible

Politics - Petroleum Minister Bijan Zangeneh said on Friday that if delays were not caused in ministry’s activities to conclude five other deals with Total to raise Iran’s oil exports to 4 mbd, the US would not be able to impose sanctions on its crude.

6/22/2018   --   11:31 PM
OPEC ministerial meet opens in Vienna

Politics - The 174th ministerial meeting of the Organization of Petroleum Exporting Countries (OPEC) opened here Friday with Iranian Petroleum Minister Bijan Zangeneh representing Iran in the session.

6/17/2018   --   7:53 PM
Kish gas field development, NIOC top priority

Economy - Kish gas field, which is estimated to hold gas equal to the amount in five phases of the giant offshore South Pars Gas Field, is a top priority for National Iranian Oil Company (NIOC), wrote a professional magazine in Iran.

6/13/2018   --   11:10 PM
OPEC: Iran oil production hit 3.8 million bpd in May

Politics - Islamic Republic of Iran’s crude oil production hit 3.8 million barrels per day (bpd) in May, it was reported on Wednesday.

6/8/2018   --   11:56 PM
Rial, yuan can solve Iran-China trade exchanges: CBI chief

Economy - Central Bank of Iran Governor Valiollah Seif said on Friday that using rial and Yuan can solve challenges facing Iran-China financial transactions.

6/2/2018   --   10:56 PM
Iran exports 2.7mbd in May

Economy - Iran exported 2.7 million barrels a day of crude oil and gas condensates in May.

5/28/2018   --   7:29 PM
phases 22-24 of South Pars gas field come on stream

Economy - Director of Phases 22 to 24 of South Pars gas field development project said after launching the 1st sweetening row of the refinery the Phases 22, 23 and 24 came on stream.

5/28/2018   --   7:28 PM
OPEC says US exit from Iran Deal could be source of uncertainty

Economy - Organization of Petroleum Exporting Countries (OPEC) reported that the US May 8 withdrawal from the Iran Deal 'may be a source of uncertainty in the future.'

5/27/2018   --   11:50 PM
Russia ready for cooperation in Iran mineral plans

Economy - Russian metallurgical company Ural Mining and Metallurgical Company (UMMC) expressed readiness to cooperate in Iran's mineral plans.

5/22/2018   --   11:45 PM
BP halts cooperation with Iran due to reintroduction of sanctions

Economy - British Petroleum (BP) has suspended work on one of its North Sea gas fields due to the reintroduction of US sanctions on Iran in the wake of Donald Trump’s decision to withdraw the US from the Iran nuclear deal.

5/13/2018   --   9:51 PM
Iran to discuss banking relations with Europe

Economy - Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Sunday that establishment of relations with European major and central banks is among main issues to be discussed by Iran's foreign minister and five signatories to Iran nuclear deal.

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