Minister of Industry, Mine and Trade Reza Rahmani said that production line of four types of vehicles will be stopped by the end of the current year (started March 20, 2019).

According to Police Commander of Kish Island, maritime guards have seized three fishing vessels and discovered 44,000 liters of smuggled fuel near two islands in the Persian Gulf.

Step aside Canada, Australia and South Africa: West Africa is fast becoming the hottest ticket in gold mining. Producers and prospectors are pouring money into the region as gold prices rally and the industry at the southern tip of the continent keeps shrinking, Iran News quotes what Bloomberg wrote. While gold miners face a dearth […]

TEHRAN (Iran News) – The Director General of Import, Export Goods Quality Evaluation Office of the Institute of Standards and Industrial Research of Iran (ISIRI) Taghi Taghipour said that fluctuation of quality of some products manufactured in the country can threaten export of these products at target markets. Fluctuation in quality of some Iranian products […]

TEHRAN (Iran News) – Stating that collecting tax must be done with transparency, President Rouhani said, “In a transparent process, people must know what portions of their taxes are being spent on services and the country’s development.” Speaking on Tuesday at the meeting of reviewing tax policies, President Hassan Rouhani said, “Promoting the culture of […]

TEHRAN (Iran News) – Iran’s domestic Forex Management Integrated System, locally known as NIMA supplies over €20 billion for imports of goods and services since it was launched in April 2018 up to October 20, 2019. NIMA, which seeks to boost transparency, create competitiveness among exchange shops and a secure environment for traders, is a […]

TEHRAN (Iran News) – More than 686,000 tons of commodities worth $464 million were exported from the Sistan and Baluchestan province, southeastern Iran. This amount is said to be a 50% increase in Sistan and Baluchestan H1 exports during the first six months of the current fiscal year (March 21- Sep. 22), a senior official […]

TEHRAN (Iran News) – Iranian Oil Minister Bijan Zangeneh said the country’s petrochemical exports were at a satisfactory state. According to ICANA, Zangeneh said that over 95% of petrochemical companies could cash their exports in. The official said that exports of petrochemicals and receiving their money was at a satisfactory state in Iran, adding as […]

TEHRAN (Iran News) – Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month. Global benchmark Brent crude oil futures LCOc1 fell by 14 cents, or 0.2%, to $59.28 a barrel by 0517 GMT. […]

TEHRAN (Iran News) – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said that the body continues its work despite the US’s sanctions imposed on it. Speaking in a local event in Tehran on Sunday, Hemmati said that despite sanctions against the country and CBI being at its peak, Iran’s forex market has calmed […]