TEHRAN (Iran News) – Azerbaijan’s President Ilham Aliyev said Monday that the Azerbaijan, Russia and Iran electricity corridor has vast potentials for energy cooperation among the three neighbors. In an interview with Russia-24 TV Network, Aliyev said, “Azerbaijan and Russia cooperate in emergency electric power supply… and we constructed new electricity transmission lines with Iran.” […]

TEHRAN (Iran News) – The eurozone economy will slow down in 2020 for the third consecutive year, according to a Financial Times poll of economists, who forecast it will be held back by political instability, trade tensions, and disruption in the auto industry. The European Central Bank (ECB) expects the eurozone economy to grow 1.1 […]

The operation to extract natural gas from the third platform of Phase 14 of Iran’s giant South Pars gas field started off on Wednesday night, an official announced.

TEHRAN (Iran News) – Iran mine industry is expected to increase exports up to $10 billion of minerals and mining industry products by the end of the current Iranian year (March 19, 2020). “Iran mine sector will not only meet the needs of the country’s industrial plants and construction industry, but they will also increase […]

Iran’s new ambassador to Russia, Kazem Jalali, said although there are close political relations between the two countries, the economic ties have not developed well.

TEHRAN (Iran News) – Iranian Deputy Minister of Agriculture Jihad Hossein Shirzad announced that the national union of Saffron farmers cooperatives has already started work in several provinces across the country. So far, about 25 Saffron farmers cooperatives in 6 provinces of the country have been established as an agricultural organization. “The most important role […]

TEHRAN (Iran News) – Iranian President’s Chief of Staff Mahmoud Vaezi, in a tweeter message, announced that being enlisted in the Financial Action Task Force or FATF blacklist will cause enormous damage to Iran’s domestic economy. The officials warned that the nation has to be briefed about the consequences of being blacklisted by the international […]

TEHRAN (Iran News) – Jam Polypropylene and Petrochemical Plant has set a new production record in the first 8 months of the current calendar year, which began on March 21. According to the Petrochemical company, the plant polypropylene output was 13% higher year on year during the period. A subsidiary of Jam Petrochemical Company, Jam […]

TEHRAN (Iran News) – The 13th edition of the International Exhibition of Textile Industry and Second Modex Exhibition kicked off in the central city of Isfahan on Tuesday and will go on through December 27. The four-day international textile exhibition is hosting 58 companies in an area of over 8,500 square meters in Isfahan International […]

TEHRAN (Iran News) – Iran’s toy industry has remarkable capacity for boosting the country’s exports and foreign currency revenues said the head of Iran Toy Association. Speaking in an exclusive interview with Iran Daily, Gholamreza Dizaji, added Iran is definitely capable of increasing its share of the international toy market in light of its enormous […]