Business

Iran-Iraq Railway to Connect China to Mediterranean: VP

Iran’s First Vice-President Es’haq Jahangiri says the construction of the railway between Iran’s Shalamcheh and Iraq’s Basra will facilitate transit of cargos from China to the Mediterranean.

Iran Inaugurates Three Agricultural Megaprojects

President of the Islamic Republic of Iran Hassan Rouhani has inaugurated three megaprojects carried out by the Agriculture Ministry.

‘US Expected to Release Iran’s Frozen Assets to Be Used in Fight against COVID-19’

The Iranian government spokesman has urged the new US administration to release Iran’s frozen assets, so that Tehran can use them to fight the coronavirus pandemic and buy food and medicines for its citizens.

Iran, Oman Discuss Promotion of Bilateral Banking, Trade Ties

The governor of the Central Bank of Iran (CBI) has discussed the promotion of trade and banking cooperation with Oman during a visit to Muscat.

Iranian, Azeri Officials Discuss Promotion of Economic Ties

Iranian Foreign Minister Mohammad Javad Zarif and Shahin Mustafayev, the deputy prime minister of Azerbaijan Republic, have discussed promotion of bilateral economic relations in Baku.

Iran Sees No Limit to Expansion of Cooperation with Azerbaijan: Zarif

Minister of Foreign Affairs of the Islamic Republic of Iran Mohammad Javad Zarif and his counterpart from the Republic of Azerbaijan have discussed promotion of bilateral relations in a meeting in Baku.

Baku Welcomes Iran’s Participation in Karabakh Reconstruction, Aliyev Tells Zarif

Iran’s Foreign Minister Mohammad Javad Zarif held a meeting with President of the Republic of Azerbaijan Ilham Aliyev in Baku on Monday.

Iran’s Petrochemical Industry Reaching Self-Sufficiency

The Iranian petrochemical industry will reach self-sufficiency with the help of a local knowledge-based company.

Iran’s Energy Achievements Prove Failure of US Sanctions: VP

Iran’s First Vice-President Es’haq Jahangiri says the country’s achievements in the fields of oil, gas, and petrochemicals indicate the failure of cruel sanctions against the Islamic Republic.

Tehran, Yerevan Set to Boost Industrial Cooperation

Iran and Armenia have discussed promotion of their mutual cooperation in the industry sector.

Iran, Armenia Discuss Closer Trade, Economic Ties

The governor of the Central Bank of Iran (CBI) has underlined the importance of enhancing cooperation with Armenia.

Iran’s Air Industry Made Considerable Progress despite Sanctions: DM

The Iranian defence minister says the country’s air industry is a potent example of national resistance against sanctions.

Iran Opens Auto Spare Parts Innovation Centre

Iran has opened an auto spare parts industry innovation centre at a domestic knowledge-based company.

Iran’s Production of Household Items Rises Considerably despite Sanctions: Minister

Domestic production of household appliances in Iran has registered a considerable rise during the years the country has been under sanctions.

Iran’s Oil Exports Hit Record High amid Sanctions: Minister

Iran’s oil minister says the country’s oil exports reached a record high in the history of the nation’s oil industry during the time Iran was under sanctions.

Iran Allots $10 Billion to Support Local Producers

The Central Bank of Iran (CBI) has set aside $10 billion to support domestic production, according to a senior Iranian official.

Iran to Cease Burning Associated Petroleum Gas by 2023: Minister

Iran’s Minister of Petroleum Bijan Namdar Zangeneh has unveiled plans to stop the waste of flare gas and recycle nearly all associated petroleum gas in the country by March 2023.

Bidboland Gas Refinery Symbol of Iran’s Resistance to Economic War

The deputy chief of staff of the Iranian President's Office for communications and information affairs has lauded the inauguration of Bidboland megaproject, a major refinery collecting associated petroleum gas, as the symbol of the Islamic Republic’s struggle with sanctions and economic war.

Iran, Turkey Clinch Railway Cooperation Deals

Iran and Turkey have signed three joint documents on expansion of their railway cooperation.

$158m in Foreign Investment Went into Iran’s Free Zones in 9 Months

Iranian free trade zones absorbed some $158 million in foreign investment in the nine months to December 2020 depsite the US sanctions.

Iran’s President Inaugurates Major Natural Gas Refinery

The Iranian president has inaugurated a major natural gas refinery in the south of the country, which is one of the largest projects in the Middle East.

Baku Embraces Ira’s Offer to Form Working Group of Kura-Aras Basin States

The Azerbaijan Republic has welcomed Iran’s proposal to form a joint working group of Kura-Aras basin countries.

South Korea Seizing Iranian People’s Food, Drug Money: Zarif

In comments on Wednesday, Mohammad Javad Zarif once again criticized Seoul for seizing Iran’s assets "upon US orders". “’ We told South Korean officials that...

Iran, Azerbaijan Agree to Boost Railway Cooperation

Iran and the Azerbaijan Republic have agreed to connect the Baku-Astara highway to the one linking Ardabil and Rasht.

South Korea Should Pay Penalty for Freezing Iran’s Assets: Top Banker

Governor of the Central Bank of Iran Abdolnasser Hemmati says the South Korean banks that have blocked Iran’s funds should pay the damage suffered by Tehran during the past two years.

Latest news