Iran produced 27,031 million tons of iron ore during the nine-month period ended on December 21, 2018, IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). IMIDRO data also put the amount of raw iron ore extracted during the mentioned time at 48,759 million tons. Furthermore, the […]

Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €6.276 billion of foreign currency for imports of goods and services since early August, IRIB reported on Thursday. The system has earned €7.141 billion of foreign currency from exports during the mentioned time span. NIMA, which seeks to boost transparency, create competitiveness among […]

Over 1.4 million container goods were loaded and unloaded in Shahid Rajaei Port, southern Hormozgan Province, during the past nine months of the current fiscal year (March-December 2018), a senior official at Ports and Maritime Organization said. Director General of Hormozgan Ports and Maritime Organization, Allah-Morad Afifipour, put the container throughput in Shahid Rajaei at […]

 An official at the Trade Promotion Organization of Iran has called on Europe to cut down to zero the tariffs imposed on the import of Iranian goods, saying the move would send a message that Europe is serious about expanding trade with Iran. The acting head of the Trade Promotion Organization of Iran (TPO) Mohammadreza […]

Minister of Industry, Mine and Trade Reza Rahmani said that role of Iranian ‘rial’ would be strengthened in financial exchanges with many countries in the world and this issue is of the main macro policies of the government that should be taken into serious consideration. He made the above remark late on Monday among industrialists […]

 An official with the National Petrochemical Company (NPC) said the industry needed the state-of-the-art technologies for development. According to NPC, Director of Production Control at NPC Ghodratollah Farajpour said Iran’s petrochemical industry was on the path to progress and needed the latest technologies to ensure its development. Various grades of petrochemicals are being produced in […]

Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari highlighted reasons behind financial problems facing the country and said the Islamic Republic is in an economic war with the enemy. In a speech on Tuesday morning, Major General Jafari pointed to Washington’s sanctions on Tehran and said, “We are in an economic […]

A senior official at the National Iranian Oil Company (NIOC) said the company is slated to supply a million barrels of crude oil on Iran Energy Exchange (IRENEX) on January 21. This will be the third time that the state-run company is offering oil to the private sector at the international ring of IRENEX. Director […]

 Iranian deputy industry minister informed of an agreement between his ministry and the Islamic Republic of Iran Customs Administration (IRICA) on extension of order registration period for importing goods from three months to six months, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.  The extension has been done due to […]

 The first platform of phases 22-24 of South Pars gas field starts operation, Farhad Izadjou, the operator of these phases, announced. Izadjou put the daily gas production in this platform, which belongs to phase 22, at 14.2 million cubic meters (mcm), IRNA reported on Saturday. Phases 22-24 are expected to produce 56 million cubic meters […]