US Treasury Secretary said Tue. that licenses for Boeing Co and Airbus to sell passenger jets to Iran will be revoked following Trump’s withdrawal from the nuclear deal and the reinstatement of sanctions against the Islamic Republic. According to Reuters, US Treasury Secretary Steven Mnuchin told reporters at the Treasury on Tue. that “the Boeing […]

 In its latest report, World steel Association (WSA) put Iran’s steel production volume in the first three months of the current year in 2018 at 47 percent growth. Islamic Republic of Iran managed to produce 2,350,000 tons of steel in March 2018, showing a significant 43.7 percent growth. According to statistics, crude steel production volume […]

TEHRAN- Transit of goods via Iran’s railway network is planned to reach three million tons in the current Iranian calendar year (which ends on March 20, 2019), according to the Islamic Republic of Iran Railways (known as RAI). Some 1.58 million tons of goods have been transited via Iranian railways in the past calendar year, […]

TEHRAN- National Iranian Oil Company (NIOC) introduced 14 oil exploration blocks in Iran to the Iranian and foreign companies in a meeting in Tehran on Monday, Shana news agency reported. The meeting participated by the representatives of Iranian and foreign companies was held on the sidelines of the 23rd Iran International, Oil, Gas, Refining and […]

The international department of the Iranian oil ministry signed an MoU with the representative board of Spanish firms in Tehran aiming to enhance oil and gas relations. The deal was signed on the sidelines of the 23rd Iran oil and gas show on Monday between Hossein Esmaeili Shahmirzadi, director general of the Europe, US and Caspian […]

TEHRAN- In a Sunday meeting between Croatian Deputy Prime Minister Martina Dalic and Iranian Finance and Economic Affairs Minister Masoud Karbasian in Tehran, the two sides underlined the significance of mutual economic ties expansion, Shada news agency reported. During the meeting, held at the place of Iranian Ministry of Finance, Karbasian named customs and supporting […]

TEHRAN- The director of a Dutch advisory group says agreements worth millions of dollars are expected to be signed between oil and gas companies from Iran and the Netherlands. Pierre M.G. Bartholomeus, the director of PMG Advisory, made the remarks in an interview with Shana news agency on Monday, the second day of the 23rd […]

Head of Mechanization Development Center of the Ministry of Agricultural Jihad Kambiz Abbasi said that Joint Comprehensive Plan of Action (JCPOA) has not any impact on the self-sufficiency of Iranian agricultural mechanization industry. Iran has 95% self-sufficiency in the production of agricultural equipment and machinery, he said, adding, “US possible withdrawal from nuclear deal will […]

Governor of the Central Bank of Iran (CBI) Valiollah Seif said that banking ties between Iran and Croatia will be expanded. Speaking in his meeting with Martina Dalić, Deputy Prime Minister of Croatia and Minister of Economy, Small and Medium Entrepreneurship and Crafts, Seif pointed to the strong determination of governments of the two countries for promoting bilateral trade ties […]

Air France shares went into a tailspin on the Paris stock exchange on Monday after the resignation of the strike-hit company’s CEO. Air France-KLM boss Jean-Marc Janaillac announced his resignation Friday after staff at the carrier’s French operations rejected a pay deal aimed at ending months of walkouts. Janaillac, who had been in the post […]