Thursday, 8 January , 2026
Papermaking up 32% in a year 09 Aug 2018

Papermaking up 32% in a year

TEHRAN- Papermaking in Iran rose 32 percent to 770,000 tons in the past Iranian calendar year (ended on March 20) from its previous year, according to an official with the Ministry of Industry, Mining and Trade. Mohammad-Ali Esfandiari, the deputy director of chemical industries office of the ministry, also said that packaging paper making hit […]

Iran welcomes talks with Pakistan on gas pipeline 09 Aug 2018

Iran welcomes talks with Pakistan on gas pipeline

The deputy minister of petroleum for international affairs said late Wednesday that Iran welcomes continuation of talks with Pakistan on the gas pipeline project. Amir Hoseein Zamani-Nia added that Tehran-Islamabad ties have always been historic and brotherly and their religious and cultural bonds serve as the biggest backbone for the two governments’ friendly ties, especially […]

Iran non-oil export to Indonesia soars 86% 09 Aug 2018

Iran non-oil export to Indonesia soars 86%

Anvar Kamari, the Iranian Commercial Attaché in Indonesia said that Iran’s non-oil export to Indonesia has increased 86% by value and 52% in weight. “In the first quarter of the current Iranian calendar year of 1397, Iran’s non-oil export to Indonesia has increased 86% by value and 52% in weight comparing to the corresponding period […]

China to US: Ties with Iran Transparent, Lawful 08 Aug 2018

China to US: Ties with Iran Transparent, Lawful

China’s business ties with Iran are open, transparent and lawful, its foreign ministry said on Wednesday, after US President Donald Trump said companies doing business with Iran would be barred from the United States. China has consistently opposed unilateral sanctions and “long-armed jurisdiction”, the ministry said in a statement faxed to Reuters. The United States […]

China exports top forecasts but warning over US tariffs impact 08 Aug 2018

China exports top forecasts but warning over US tariffs impact

China on Wednesday posted a forecast-busting surge in exports for July but while its surplus with the US dipped slightly there was a warning that the full impact of US sanctions was yet to be felt. The figures come as the world’s two largest economies exchange threats of stiff duties on billions of dollars worth […]

UniCredit CEO expects to reach agreement with US over Iran by year-end 08 Aug 2018

UniCredit CEO expects to reach agreement with US over Iran by year-end

Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said on Tuesday. “We are confident we can reach an agreement with the US before the end of the year,” Jean Pierre Mustier said in a conference […]

12% of NDFI’s financial resources earmarked to counter sanctions 08 Aug 2018

12% of NDFI’s financial resources earmarked to counter sanctions

A member of Board of Trustees at the National Development Fund of Iran said that the NDFI has allocated 12 percent of financial resources to counter US sanctions on Iran. The heads of three branches of the government came to the decision to set aside 12 percent of financial resources of the Fund for countering […]

Smart banking in limelight at IC-Tech 2018 08 Aug 2018

Smart banking in limelight at IC-Tech 2018

TEHRAN — The International Congress on Smart Technology (IC-Tech 2018) will be held on the theme of smart banking, the IC-Tech director Morteza Kazemian said in a press release on Monday. The role of the internet of things (IoT) and safety issues in administration software in smart government, the usage of IoT in smart banking […]

Iran accounts for 27% foreign trade share with 11 European countries in Q1 07 Aug 2018

Iran accounts for 27% foreign trade share with 11 European countries in Q1

 Foreign trade statistics in the first three months of the current Iranian year (March 21-June 21) shows that Islamic Republic of Iran conducted more than $3.1 billion trade exchanges with 11 European countries, accounting for 27.6 percent share of country’s total foreign trade volume. Statistical tables of the Islamic Republic of Iran Customs Administration (IRICA) […]

Iran: Russia’s increased oil output violates agreement with OPEC 07 Aug 2018

Iran: Russia’s increased oil output violates agreement with OPEC

Iran’s OPEC governor, Hossein Kazempour Ardebili, said on Monday that the rise in Russia’s oil output runs contrary to global agreement for reduction of oil production and will endanger the long-term unity among oil producers.Criticizing Saudi Arabia and Russia for the oversupply, the official said the countries violated the global agreement on trimming the production, […]