Iranian Foreign Minister Mohammad Javad Zarif said that European banks are seeking a banking solution with the Islamic Republic of Iran. He went on to say that European countries are trying to solve banking problem with the Islamic Republic of Iran and have considered alternatives for this purpose. Turning to the US stonewalling measures taken […]

TEHRAN- Iran exported 14.46 million tons of petrochemical products worth $7.397 billion during the first eight months of the current Iranian calendar year (March 21-November 21), Shana reported. The country’s petrochemical exports stood at 1.5 million tons valued at $858 million in the eight calendar month of Aban (October 23-November 21). In July, Ali-Mohammad Bossaqzadeh, the […]

TEHRAN– Chairman of Economic Commission of Iranian Parliament, Mohammad Reza Pour-Ebrahimi said that the report of “consequences of Iran’s accession to the Financial Action Task Force (FATF)” will be read out in the Parliament after coordinating with the Supreme National Security Council (SNSC).” With regard to the latest situation of reviewing effects and consequences of […]

The National Iranian South Oilfields Company (NISOC) said that over 1,377 billion cubic meter gas has thus far been extracted from the gas fields of Southern Zagros Oil and Gas Operation Company. Southern Zagros Oil and Gas Operation Company is a subsidiary company of the National Iranian South Oilfields Company, the Ministry of Oil reported […]

 In a bid to strengthen capacities toward sustainable growth of oilseed crops in Iran, Food and Agriculture Organization of the United Nations (FAO) is holding a workshop on growing oilseeds in Brazil for Iranian experts. Food and Agriculture Organization of the United Nations (FAO) is organizing a two-week (19 February – 2 March 2018) special […]

French Ambassador to Iran François Sénémaud said that Iranian Oil Ministry could create favorable dynamicity in oil projects especially in South Pars Gas Field. Speaking in the inaugural ceremony of Tutorial Workshop between Iran and France in HSE (Health, Safety and Environment) in the oil industry, French ambassador pointed to the salient achievement of the […]

The MD of Ares Bank of Spain announced on Tuesday the readiness of this bank for issuing a credit line of short-term finance between Iran and Spain. Luis Casado, Managing Director of Ares Bank of Spain announced the readiness of this bank for issuing a credit line of short-term finance with the value of 100 […]

TEHRAN- Head of Mechanization Department of Iran Agriculture Ministry predicted that 20 trillion rials (about $446.8 million) of facilities will be allocated for mechanization of domestic agricultural sector during the upcoming Iranian calendar year (starting March 21), IRIB news reported on Monday. According to Kambiz Abbasi, 12 trillion rials (about $268 million) of the facilities […]

TEHRAN- The number of permits for establishing industrial units rose 19 percent in the first ten months of the current Iranian calendar year (March 21, 2017-January 20, 2018) from the same period of time in the past year, according to Deputy Industry Minister Mohsen Salehinia. In a press conference on Monday, the official said 16,060 […]

An official at Zarandieh Governorate Mohammad Ghanati said South Korea will invest in the construction of a solar power plant in Zarandieh county in Iran, the media reported. A South Korean delegation visited the solar power plant site in Markazi province, Ghanati said, adding an area of 28 hectares has been allocated for the implementation of the project. The South Korean side […]