In southeastern Iran, on the Gulf of Oman, there is a port city called Chabahar which is the home for Iran’s only oceanic port. Due to its strategic geographical positioning, Chabahar port holds a great significance for Iran both politically and economically. After years of negotiation, Iran has awarded the development project of this port […]

 During weekdays ending up to December 13, while, 313,311 million tons (MT) of commodities worth over $309.5 million were traded on Iran Mercantile Exchange, the trading volume and value experienced a growth of 50 and 35 percent, respectively. According to the report from IME International Affairs and Public Relations Department, last week, on the domestic […]

The daily production of gas in Iran’s South Pars gas field will reach over 630 million cubic meters (mcm) by the end of current Iranian calendar year (March 20, 2019), the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field, announced. Mohammad Meshkinfam further referred to boosting […]

Over 1.647 million tons of commodities were transported through the border crosses of Sistan and Baluchestan province, southeastern Iran, during the first eight months of the current fiscal year (March 21- Nov. 21), a senior official said. Ali Khanghaei, director general of Transportation and Road Management of Sistan-Baluchistan province, added that the lion’s share of […]

 In southeastern Iran, on the Sea of Oman, there is a port city called Chabahar which is the home for Iran’s only oceanic port. Due to its strategic geographical positioning, Chabahar port holds a great significance for Iran both politically and economically. After years of negotiation, Iran has awarded the development project of this port […]

 Iran’s exports of saffron have registered a 46 percent increase in the first eight months of the current Iranian year (Mar. 21 – Nov. 21) as compared to the same period last year, according to deputy head of the National Saffron Council. Deputy head of the National Saffron Council Gholam Reza Miri told Mehr News […]

 Iran’s exports of non-oil commodities to the Persian Gulf littoral states exceeded $6.5 billion during the past eight months of the current fiscal year (March 21- Nov. 21). Data released by the Islamic Republic of Iran Costumes Administration show Iran’s exports to Oman, the UAE, Qatar, Bahrain and Kuwait surpassed $6.5 billion during the period, […]

 Minister of Health Hassan Hashemi says Indian pharmaceutical companies will receive support from the Iranian government to facilitate their investment and activities in the country. Speaking at a joint meeting of Iran-India pharmaceutical industries and medical equipment in New Delhi on Friday, Hassan Hashemi said Iranian Ministry of Health has provided a package to facilitate […]

Data released by Iranian Mines and Mining Industries Development and Renovation Organization shows that the country’s trade surplus of minerals has observed a significant growth during the eight months of the current Iranian year, through Nov. 21. Iranian producers exported some 39.88 million tons of mineral products worth $6.87 billion during the eight-month span, registering […]

Iranian Oil Minister Bijan Namdar Zanganeh said the country has completely been exempted from a resolution by the Organization of the Petroleum Exporting Countries (OPEC) to reduce oil production. Speaking to the Islamic Republic of Iran Broadcasting (IRIB) on Thursday night, Zanganeh shrugged off the issue that Iran’s exemption from the OPEC resolution on oil […]