Iran’s stock market, for a long time dogged by US sanctions, has notched up a notable achievement: Ranking among the world’s best performing over the past 12 months, as domestic investors seek refuge from rampant inflation. A collapse in the rial against the dollar has triggered a huge spike in prices, with the official inflation […]

Iran’s Rial Rebounds Iran’s currency has appreciated 40% in the past year, the country’s central bank governor said, recovering from historic lows reached after the U.S. abandoned the 2015 nuclear deal and reimposed sanctions. The prices of the US dollar against the Iranian Rial saw a decline of around 10 percent from the closing hours […]

TEHRAN (Iran News) – Head of Iran Veterinary Organization Alireza Rafieipoor said that Iran produces over 15mn tons of livestock products annually. He made the remarks on the occasion of National Veterinary Medicine Week and added that his organization has achieved an annual production of over 15 million tons of red and poultry meats, eggs, honey and […]

Armenian Prime Minister Nikol Pashinyan said on Wednesday that Yerevan will continue talks with Tehran for expanding and broadening political and economic cooperation.

TEHRAN (Iran News) – Iranian Oil Minister Bijan Namdar Zanganeh said the country is planning to build petrochemical complexes as well as refineries in Jask Port in southern Iran. The minister made the remarks on the sidelines of a ceremony for signing several contracts between Petroleum Engineering and Development Company (PEDEC), an NIOC subsidiary, and […]

“I welcome any kind of financial and banking cooperation with member states to Eurasian Union. So, I suggest formation of a special task force for joint investment.” Iran News quotes Rouhani at the EAEU summit. EEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. He also said that the international community must counter the United States’ […]

Iran News quotes the reports of Hassan Rouhani’s speech at EAEU. Hassan Rouhani in his recent speech at EAEU referred to US policies. He said “The fact that US is using dollar as a weapon against Iran results in economic terrorism.” He continues that “Iran’s policy is maintenance of peace and stability in the region […]

Iran’s Judiciary Spokesman said that Iran has convicted a few spies who were in contact with US and Britain intelligence services. Iran News reports the news of US and Britain spies inside the borders. Iran’s Judiciary Spokesman Gholamhussein Esmaeili on his weekly presser on Tuesday noted that some of the spies were sentenced to prison, […]

TEHRAN, Oct. 01 (Iran News) – In a meeting with his Armenian counterpart, President Hassan Rouhani said Iran’s participation at the Eurasian Economic Union (EAEU) would be a perfect opportunity to deepen economic cooperation with member states. Speaking in a meeting with the Armenian President Armen Sarkissian late on Monday in Yerevan, Iranian President Hassan […]

Tehran (Iran News) – Iran said on Monday that it is on track to create a new oil terminal on Persian Gulf that would open a new export route for its crude and allow tankers to bypass the strategic Strait of Hormuz. The National Iranian Oil Company signed a contract worth around $52 million on […]