News Service Economy

3/12/2018 - 4:59 PM

Tehran after restraining oil price around 60: Iran minister

Economy - Iranian petroleum minister says that the country wants OPEC to endeavor to keep oil price at about 60 dollars per barrel in order to restrain shale producers.
3/12/2018 - 4:56 PM

$200m of goods exported from Iran's Arvand Free Zone

Economy - Commodities worth 200 million dollars were exported from the Arvand Free Zone in southern Iran to the neighboring countries as well as Europe over the current Iranian calendar year (ending on March 20, 2018), said a business and investment official.
3/6/2018 - 10:49 PM

Europe purchases 40% of Iran's exporting oil in February

Economy - Iran exported around 2.6 million barrels of oil and gas condensates in February, 40 percent of which was for the European purchasers.
3/5/2018 - 4:51 PM

Gilan customs overseas transit up 22%

Economy - Foreign transit from Gilan Customs had a 22% growth during the 11 months of the current Iranian calendar year (ending on March 20, 2018), Gilan Customs official Abolghasem Yusefi Nejad said on Monday.
3/4/2018 - 5:31 PM

Minister: Iran, India agree in principle on oilfield development

Economy - Minister of Petroleum Bijan Zangeneh said on Saturday that during President Hassan Rouhani’s recent visit to India, the two countries agreed in principle on development of Farzad B oilfield.
3/3/2018 - 1:03 PM

Iran exports $5.5bn non-oil products to Iraq

Economy - Iran has exported 12 million tons of non-oil products worth $5.5bn to Iraq during the 11 months of the current Iranian calendar year (ending on March 20, 2018).
2/26/2018 - 9:47 PM

Official: Iran ups non-oil export by 5 percent

Economy - Advisor to the minister and Deputy Head of Trade Promotion Organization (TPO) for exporting goods and services Mohammad Reza Moudodi said that in the past 11 months non-oil goods export increased 5 percent in comparison with the same period of preceding year and passed 41 billion dollars.
2/26/2018 - 9:43 PM

Germany eager to boost trade with Iran: German official

Economy - Germany's state of Rhineland-Pfalz is eager to boost economic relations with Iran's Alborz Province, a German local official said on Monday.
2/20/2018 - 10:21 PM

Iran to host ECO-CCI meeting with Pakistan chambers guild in chair

Economy - President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and ECO Chamber of Commerce and Industry (ECO-CCI) Ghazanfar Bilour, will preside the forthcoming statutory meeting of ECO-CCI scheduled to be held on March 5, 2018 at Tehran, a statement said.
2/13/2018 - 1:58 PM

Iran Automotive Industry Conference opens in Tehran

Economy - The 5th Iran Automotive Industry International Conference (IAIIC) opened in Tehran on Tuesday in a ceremony attended by Minister of Industry, Mines and Business Mohammad Shariatmadari.
2/12/2018 - 3:22 PM

3 bodies recovered from Sanchi oil tanker back home on Wednesday

Economy - Iran's consul general in Shanghai said the bodies of three crew members of the Iranian oil tanker Sanchi which sank off east coast of China will be transferred home on Wednesday morning.
2/12/2018 - 2:51 PM

Sokhoi Superjet 100 lands in Tehran

Economy - A Sukhoi Superjet 100 along with the engineers team landed in Tehran's Mehrabad airport on Monday, Secretary of Association of Iranian airlines Maqsoud Assadi Samani said.
2/12/2018 - 2:50 PM

Iran to connect to European grid thru neighbors: Energy minister

Economy - We are planning to get connected to Europe though the power lines of the neighboring countries, said Iranian minister of energy on Monday.
2/6/2018 - 4:38 PM

China to design, construct 3rd part of Tehran-Shomal Freeway

Economy - The third section of Tehran-Shomal (north) Freeway will be designed by the Chinese company Qingda, a senior official of the company said on Tuesday.
2/6/2018 - 4:34 PM

Iran trade official, MP negotiate on addressing free zones issues

Economy - The secretary of Iran's Supreme Council of Free Zones and the first deputy Speaker of Iranian Majlis (parliament) have discussed issues pertaining to the developing free economic zones in the country and customs issues.
2/4/2018 - 2:42 PM

Iran oil ministry to start legal action against Pakistan

Economy - Iranian Petroleum Minister Bijan Zangeneh announced here on Sunday that the country is to begin legal proceedings against Pakistan in a protracted gas pipeline project
1/27/2018 - 4:31 PM

Iranians not banned from Twitter activity

Economy - Although Twitter corporation is legally banned from having activity in Iran, the Iranians are not banned from Twitter access, Iran's Minister of Communications and Information Technology said on Saturday.
1/24/2018 - 11:53 PM

20,000 tons of agro products exported from Semnan prov

Economy - Semnan province has exported over 20,000 tons of agricultural products in the first nine months of the current Iranian calendar year (will end on March 20, 2018), Head of Semnan Agricultural Jihad Organization said.
1/24/2018 - 11:42 PM

Iran Khodro to resume activity in Belarus

Economy - The contract to that effect was signed by envoys of Iran Khodro and a Belarus company in the presence of Iranian and Belarus ministers of industries on the sidelines of the 14th Iran-Belarus Joint Economic Cooperation Commission session.
1/24/2018 - 11:24 PM

Iran eyes developing regional power grid network: Ministry

Economy - Iran is in pursuit of creating an electric power transmission network in the region, Iranian Deputy Energy Minister Alireza Daemi said on Wednesday.