TEHRAN (Iran News) – The Eram gas field, recently discovered south of Fars Province, southern Iran, is estimated to hold 19 trillion cubic feet (540 billion cubic meter) of natural gas in its reserve, according to NIOC. Entitled as Eram, the gas field is estimated to hold 19 trillion cubic feet (540 bcm) of natural […]

TEHRAN (Iran News) – Iranian Energy Ministry has announced new regulations on guaranteed purchase of electricity from the country’s renewable power suppliers, IRIB reported on Sunday. Based on the new regulations, the ministry has increased the price for the guaranteed purchase of electricity from renewable power plants in order to promote construction of such plants […]

TEHRAN (Iran News) – A senior official with Iran’s agricultural ministry said Iran’s rural women cooperatives have played a key role in reviving the country’s textile industry, rural livelihoods, and overall well being. Hossein Shirzad, who is also the chief executive officer of the Central Organization for Rural Cooperatives of Iran (CORC), said Iran’s rural […]

TEHRAN (Iran News) – Iran’s business environment witnessed a slight improvement in the summer which is the second quarter of the current Iranian calendar year (June 22-September 22) compared with the previous quarter, a survey was undertaken by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) show. As reported by the ICCIMA portal, the […]

TEHRAN (Iran News) – Iran’s seed production tops 6000 tons in the current Iranian calendar year (started March 21), according to the country’s deputy agriculture minister. Hossein Shirzad, who is also the chief executive officer of the Central Organization of Rural Cooperatives of Iran (CORC), said the country’s agro-industries corporations have succeeded in producing more […]

TEHRAN (Iran News) – Deputy Minister of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) Hamid Zaadboom said on Sat. that his organization will send commercial attaché to the United Arab Emirates (UAE). Dispatching commercial envoy to UAE has been put atop agenda of Trade Promotion Organization of Iran (TPOI), […]

Iran Exports Medicine TEHRAN (Iran News) – Iran exports medicine to countries in Europe, Africa and Central Asia, the country’s health minister said. In an interview with ICANA, Saeed Namaki said Iranian pharmaceutical producers have raised standards in their plants to the extent that the Islamic Republic has become a supplier of medicine in the […]

TEHRAN (Iran News) – High-ranking Iranian and Chinese officials in a meeting in Tehran reviewed avenues to further broaden relations between the two countries in customs and trade fields. Chinese Ambassador to Iran Chang Hua in a meeting with Iran Customs Administration Governor Mehdi Mirashrafi examined a new plan to expand customs cooperation and facilitate […]

TEHRAN (Iran News) – In its latest report, World Bank (WB) forecast that Iran’s economy will move out of downturn in 2020. Although Iran’s economy will experience negative growth by the end of 2019 but it [Iran] can experience its first positive economic growth in next year after the recent sanctions imposed against the country. […]

TEHRAN (Iran News) – Iran’s Minister of Industry, Mine and Trade said the country is going to be self-sufficient in heavy tire production. Speaking in Ardabil, Reza Rahmani said on Saturday that Iran will become fully self-sufficient in manufacturing heavy tires as soon as four major tire factories come into operation in different provinces. Iran […]