According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the seventh Iranian month of Mehr (October 22) stood at $10.093 billion, showing 10.7 percent decrease in comparison with the announced figure in the first Iranian calendar month of Farvardin (March 21- April […]

 Iran has exported some 12,571 tons of tea worth $18 million since the beginning of the current fiscal year (started on March 21), a senior official said. Habibollah Jahansaz, the head of Iran Tea Organization, added that the figure respectively indicates 51% and 40% growth in terms of tonnage and value compared with the corresponding […]

Managing director of Iran’s Energy Exchange said Sun. that a number of foreign companies have already obtained a special trading code to buy Iranian crude via the exchange market. Speaking to IRNA, Seyyed Ali Hosseini, the managing director of Iran’s Energy Exchange, said some countries have been contacting their embassies in Iran to obtain information about the purchase of oil […]

 Iran has so far generated a total of 250 billion dollars by recovering hydrocarbons from the supergiant South Pars gas field in Persian Gulf waters since the field’s development began, an official said. Addressing a press conference on Saturday, CEO of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said the country had so far […]

Iranian Industry Minister Reza Rahmani, who accompanied President Hassan Rouhani in his trip to Turkeys, called for expansion of economic cooperation between Tehran and Ankara during his meetings with the Turkish president, his Turkish counterpart and other senior officials from that country, Shata reported on Friday. The Iranian minister underlined Iran’s commitment to the signed […]

The Head of Budget and Planning Organization Mohammad Baqer Nobakht announced on Saturday that the budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019) will be submitted to the parliament on December 30, 2018 or January 1, 2019, Tasnim news agency reported. The official added that the prepared budget bill, […]

During weekdays ending up to December 20, approximately 269,869 million tons (MT) of commodities worth over $285 million were traded on Iran Mercantile Exchange (IME). According to the report from IME International Affairs and Public Relations Department, last week, on the domestic and export metal and mineral trading floor of IME, 99,699 MT of various […]

 Some 12 hospitals in the northwestern city of Mashhad, Khorasan province, have so far gained the license to admit international patients, a senior official said. Mohammad Esmail Khayami, the head of Medical Tourism Department at Mashhad University of Medical Sciences, said on Saturday that some 12 hospitals have been granted the permits to offer medical […]

 Iran exported 8,000 tons of pistachio during the past two Iranian months (Oct. 23- Dec. 21), indicating a drastic decline in comparison with the similar period of last year, a senior official said. Mahmoud Abtahi, chairman of the board of directors at the Iranian Pistachio Association, said the figure shows an 83% drop comparing to […]

 Iran’s new Ambassador to China Mohammad Keshavarzzadeh said economic relations with Beijing are of great importance to Tehran, calling for boosting all-out cooperation between the two countries. In a Friday meeting with Iranian traders and entrepreneurs residing in China, Keshavarzzadeh referred to the longstanding historical, cultural and economic relations between Iran and China, adding that […]