News Service Economy

6/23/2018 - 9:41 PM

Iran's steel exports grow by 129%

Economy - Iran's steel exports have grown by 129% over the first two months of the current Iranian calendar year (started March 21, 2018) compared to the same period last year, Iran's Association of Steel announced on Saturday.
6/22/2018 - 11:36 PM

Zangeneh held talks with S. Arabian counterpart

Economy - Iranian Petroleum Minister Bijan Zangeneh said on Friday that he reached an agreement in principle on oil production rate with Saudi Arabian counterpart Khalid al-Falih on Friday.
6/22/2018 - 11:35 PM

Serbia has special programs for boosting cooperation with Iran

Economy - Serbian Minister of Trade, Tourism and Communications Rasim Ljajic described Iran as the major and strong Muslim country with the highest economic capacities, saying that his country has special programs for promoting all-out cooperation with Iran.
6/22/2018 - 11:34 PM

Iran oil tanker rescues 13 Pakistani seamen

Economy - Iranian oil tanker ‘Arch’ belonging to National Iranian Tanker Company (NITC) saved 13 Pakistani seamen entangled in southern Pakistan international waters.
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.
6/8/2018 - 11:58 PM

Iran slams US for seeking Saudi oil output hike as idiotic

Economy - Iran said on Friday a US request for Saudi Arabia pumping more oil so that it could cover a drop in Iranian exports was “crazy and astonishing” and said OPEC would not heed the appeal, setting the stage for a tough OPEC meeting this month.
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.
6/2/2018 - 10:52 PM

UK companies fond of continuing cooperation with Iran

Economy - The companies interested to work with Iran are waiting for the EU to announce instructions on how to counter US sanctions on Iran in order to continue their commercial ties with the country, said the deputy president of the Iran-UK Chamber of Commerce on Saturday.
5/31/2018 - 11:23 PM

Minister calls for OPEC support for countries under sanction

Economy - Minister of Petroleum Bijan Zangeneh in a letter to rotating chairman of OPEC conference called for inclusion of a separate agenda in next OPEC ministerial meeting for supporting those members that are under illegal, unilateral sanctions.
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 - 11:49 PM

Iran condemns US sanction move on CBI Chief

Economy - Iranian Ministry of Economy and Finance says the sanctioning of the Governor of the Central Bank of Iran Valiollah Seif is another indication of the US' unconventional behavior, while confirming disloyalty of the country to international conventions.
5/22/2018 - 11:48 PM

Non-oil exports up 25% in 2 months

Economy - Head Iran customs announced that non-oil exports experienced 25% growth during the first two months of the current Iranian calendar year started on March 21.
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.
5/19/2018 - 8:34 PM

EU message of support for Iran deal conveyed to Tehran

Economy - Iran's Petroleum Minister Bijan Zangeneh said on Saturday that visiting EU Climate Action and Energy Commissioner Miguel Arias Cañete has conveyed the European Union's message of Support for Iran nuclear deal.
5/19/2018 - 8:32 PM

Iran, Eurasia sign agreement on preferential trade

Economy - Agreement on preferential trade between Iran and member countries of Eurasia Economic Union was signed in Astana, capital of Kazakhstan, on Saturday in presence of Minister of Industry, Mine and Trade Mohammad Shariatmadari.
5/19/2018 - 8:24 PM

Ashgabat, Tehran to broaden economic cooperation

Economy - Turkmen President Gurbanguly Berdymukhammedov said on Friday night that Ashgabat and Tehran are ready to broaden economic cooperation, taking into account existing opportunities and realities of the contemporary era.
5/18/2018 - 11:11 PM

Iranian consulates in Iraq replace dollar with dinar for services

Economy - Iranian consulate generals across Iraq will replace dollar with local currency (dinar) for payment of the costs of consular services, including visa issuance, within few days.