Some 10.818 million tons of goods were loaded and unloaded at the ports of Iran during the past Iranian calendar month Mordad (July 22-August 22), indicating 16.9 percent fall compared to the same month of the past year, Tasnim news agency reported citing the data released by the Ports and Maritime Organization (PMO). Loading and […]

 Iran exported €125 million of pistachio to Europe during the first half of 2018, with 19 percent increase compared to the same period of time in the past year, European Union’s statistics agency Eurostat has reported. According to Eurostat, Iran’s export of pistachio to Europe during the first half of 2017 stood at €105 million, […]

India will not completely halt Iranian oil imports and will finalize its strategy on crude purchases from Tehran after a meeting with top U.S. officials next week, a senior government official said. U.S. Secretary of State Mike Pompeo and Defense Secretary Jim Mattis will hold high-level talks with India’s Foreign Minister Sushma Swaraj and Defence […]

 Iran produced 98,800 tons of red meat during spring of this year which was the first quarter of current Iranian calendar year (March 21-June 21). The figure shows eight percent decrease compared to the figure of last year’s first quarter. A total of 429,000 tons of red meat were produced in Iran’s officially registered slaughterhouses […]

French Finance Minister Bruno Le Maire said that France and Germany are cooperating to create financing mechanisms in order to bolster Europe’s sovereignty and sidestep US sanctions against a host of countries, including Iran. “With Germany, we are determined to work on an independent European or Franco-German financing tool which would allow us to avoid […]

TEHRAN- Iran’s Industrial Development and Renovation Organization (IDRO) and Australia’s Avass Group signed a memorandum of understanding (MOU) for the joint manufacturing of electric cars and motorcycles in Iran, the website of IDRO reported. Based on the NOU which was signed in Tehran on Monday the Australian side will transfer related technology to Iran and […]

TEHRAN – With New Delhi exploring different available options to maintain its bilateral ties with Iran in the face of draconian U.S. sanctions, a London-based international law firm has said that Iran’s major energy consumers like India and China have given expressed inclination to find a way to go around the American sanctions and keep […]

 Spokesperson for the Energy Commission said Tue. that all equipment and investment by Total in developing Iran’s South Pars project will remain in the country despite the French energy giant’s exit. Asadollah Gharehkhani, Spokesperson for the Energy Commission at Iran’s Parliament, said Total terminated a contract to develop Phase 11 of Iran’s South Pars energy […]

 Islamic Republic of Iran will mend and drill Iraqi oil wells in Basra and Zubayr regions. A Memorandum of Understanding (MoU) was inked between National Iranian Drilling Company (NIDC) and Iraqi Osool Al Ayan Company with the aim of drilling and repairing oil wells in Iraq’s southern regions of Basra and Zubayr. Deputy CEO of […]

 Iranian mining sector is expecting new projects to be completed by the end of March 2019 with an investment tally of $5.5 billion. According to what Iranian ministry of industry, mine and trade has announced since March 2018 IMIDRO (Iranian Mines and Mining Industries Development and Renovation Organization) and Iranian private-owned companies have opened three […]