Thursday, 21 August , 2025
  • Tehran Chamber Warns of Widespread Stagflation 20 Aug 2025

    Tehran Chamber Warns of Widespread Stagflation

    TEHRAN - The 29th monthly session of the Tehran Chamber of Commerce’s 10th board convened with sharp warnings from private sector representatives and government officials over mounting economic challenges, from shortages in animal feed to rising energy costs, stagnant investment, and signs of deepening stagflation.

Indian, Afghan investors welcome investing in Chabahar port 27 Feb 2019

Indian, Afghan investors welcome investing in Chabahar port

 Deputies transport ministries of India, Afghanistan and Iranian Minister of roads and Urban Development Mohammad Eslami revealed the high welcome of Indian and Afghan investors for investing in Chabahar port. He made the remark on Tue. at the closing ceremony of International Confernece on the Development of Chabahar Port and said, “today, we are witnessing […]

Iran, Japan to launch bilateral banking activities: envoy 27 Feb 2019

Iran, Japan to launch bilateral banking activities: envoy

Japanese ambassador to Tehran Mitsuo Saito said that Iran and Japan will soon start bilateral banking activities. He made the remarks Tuesday in a meeting with Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati, in Tehran. Despite the re-imposition of sanctions by the US, Japanese companies operating in Iran have continued their activities […]

Oil min. Zanganeh not resigning: spox 27 Feb 2019

Oil min. Zanganeh not resigning: spox

Oil Minister Bijan Namdar Zanganeh is not resigning, a spokesman for his ministry said on Tuesday. Kasra Nouri, director of the Oil Ministry’s Public Relations, dismissed the rumors circulating in some media that Zanganeh had submitted his resignation, one day after Foreign Minister Mohammad Javad Zarif announced he was resigning. “Mr. Zanganeh will do whatever is […]

1st Intl. Conf. on Development of Chabahar Port kicks off 26 Feb 2019

1st Intl. Conf. on Development of Chabahar Port kicks off

 The First International Conference on the Development of Chabahar Port kicked off in Chabahar Port on Tuesday morning. The event was attended by Minister of Roads and Urban Development Mohammad Eslami, President’s Adviser and Secretary of Supreme Council of Free Zones Morteza Bank and a number of authorities of the regional countries including Indian and Afghan […]

Nothing but ‘psychological atmosphere’ can affect currency market 26 Feb 2019

Nothing but ‘psychological atmosphere’ can affect currency market

Governor of the Central Bank of Iran (CBI) said Tue. that except for a ‘psychological atmosphere’, nothing can negatively affect the country’s foreign currency market. Abdolnaser Hemmati, Governor of the Central Bank of Iran (CBI), addressed the 56th Central Bank Annual Meeting on Tuesday in Tehran, where President Rouhani and a number of senior officials were […]

Three Airbus planes join Iran Air fleet 25 Feb 2019

Three Airbus planes join Iran Air fleet

Iran’s national flag carrier Iran Air has purchased three Airbus passenger planes and will add them to its fleet by the end of the current Iranian year (March 20). Three Airbus 319 aircraft, manufactured in 2002, were purchased from Hungary a year ago and landed at an airport in the city of Mashhad in northwestern Iran. […]

SP Phase 13 refinery starts propane, butane production 25 Feb 2019

SP Phase 13 refinery starts propane, butane production

 Operator of South Pars Gas Field’s Phase 13 project said Sun. new Liquefied Petroleum Gas (LPG) units have come on stream in the onshore refinery of the phase, completing the production chain of the facility. Payam Motamed added that the units 113, 114 and 115 of the refinery are now fully operational and the production […]

Iran Air flights to European destinations underway uninterruptedly 25 Feb 2019

Iran Air flights to European destinations underway uninterruptedly

Farzaneh Sharafbafi, Director of the Airline of the Islamic Republic of Iran, says that despite US sanctions and hurdles, the Iran Air flights are continuing without stop. Speaking during a ceremony to commemorate the 50th anniversary of the establishment of the Airline of the Islamic Republic of Iran, Farzaneh Sharafbafi said “we do not receive service […]

Energy min. urges responsible bodies to boost new energies’ capacity 24 Feb 2019

Energy min. urges responsible bodies to boost new energies’ capacity

 Iranian Minister of Energy Reza Ardakanian urged ministries to establish necessary cooperation and coordination in line with increasing capacity of new energies in the country. He made the remark on the sidelines of 11th Iran International Renewable Energy, Lighting & Energy Saving Exhibition, held in Tehran Permanent International Fairground on Feb. 21-24, 2019, in the […]

Fars province exports hit $248m in 11 months 24 Feb 2019

Fars province exports hit $248m in 11 months

 More than 307256,780 tons of non-oil commodities worth $248.26 million were exported from the southern Fars province during the past 11 months of the current fiscal year through Feb. 19, indicating a rise both in terms of volume and value. Director General for Fars Province Customs Administration Khodadad Rahimi said the figure indicates a 49% […]