Deputy Ministry of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) Mojtaba Khosrotaj put the country’s export volume in the first three months of current year (Mar. 21-June 21) at over 16%. Speaking in Working Group on Export Promotion in Yazd province, he said, “in this line, requirement of global […]

Minister of Energy Reza Ardakanian said that a 540-megawatt power plant will be constructed in Sistan and Baluchestan province later o August 6. Speaking in a meeting held in the presence of governor general and managers of water and power resources in Sistan and Baluchestan province, he said, “this province enjoys high capacities and potentials […]

In the wake of the US’ withdrawal from the 2015 nuclear agreement with Iran and moves to resume sanctions against Tehran, Seoul held a second round of talks with Washington seeking a waiver from halting imports of Iranian oil, Yonhap news reported. The Foreign Ministry of Seoul said Friday that a delegation headed by its […]

Since starting of the summer, an intense heat-wave has been blanketing over most of the cities of Iran, leading to an over-usage of airconditioning appliances and a significant jump in electricity consumption among the household consumers. The situation has led to a series of daily power outages across the country which has affected many businesses […]

Japanese oil companies are preparing for a complete cessation of oil imports from Iran, Russian TASS quoted a Japanese newspaper as saying. According to the Nikkei newspaper on Thursday, oil supplies from Iran should be completely stopped by October. Alternative suppliers include Saudi Arabia and the United Arab Emirates. Japanese suppliers of Iranian oil – […]

President of the European Investment Bank (EIB) has cast doubt on EU plan to salvage Iran nuclear deal by saying that the bank would put its global operations at risk by investing in Iran. Reuters reported today that EIB President Werner Hoyer has said that while he supported EU efforts to keep alive the 2015 deal […]

TEHRAN – Mohammad-Hossein Adeli, the former secretary general of the Gas Exporting Countries Forum (GECF), has said that the European Union has established an $80 billion fund to give credit to small and medium enterprises doing business with Iran, the Persian language Hamshahri newspaper reported on Wednesday. “European authorities are seriously interested in resisting U.S. […]

CEO of insurance fund for investment on mining activities said Iran is in talks with Swedish Volvo Company for importing mineral equipment and machinery into the country. Farid Dehghani said “talks with Volvo Company for importing mineral machinery into the country is of the main objectives of the Fund.” Supporting private sector investors in the mines […]

TEHRAN – President of the Football Federation of the Islamic Republic of Iran (FFIRI) Mehdi Taj and Qatar Football Association (QFA) President Sheikh Hamad bin Khalifa bin Ahmed al Thani met in Moscow on the sidelines of the 2018 World Cup final on Sunday. The Presidents discussed on areas of mutual interest while stressing on […]

The 24th session of the FAO Committee on Forestry (COFO 24) entitled “High-Level Discourse on Forests and Goals of Sustainable Development” kicked off in Rome, Italy in the presence of more than 120 countries including Iran. The role of forests for food security and nutrition, inland and outsourced forestry, key role of forestry and objectives […]