TEHRAN- Iran’s liquidity stood at 14.45 quadrillion rials (about $309 billion) during the ninth Iranian calendar month of Azar (November 22- December 21, 2017), according to a report released by the Central Bank of Iran (CBI). The CBI announced that the liquidity figure shows 22 percent growth in comparison with the same period in the […]

TEHRAN – Co-hosted by Central Bank of Iran (CBI), the second round of Euromoney Iran Conference will kick off in the France’s capital on Thursday, IRNA reported. Heading a delegation comprised of CBI and Finance Ministry’s scholars and experts, Iranian Deputy Finance Minister Mohammad Khazaie will attend this year’s event. The conference aims to bring […]

The first cargo train of Azerbaijan Republic arrived in Iran via Astara rail line as pilot on Thursday afternoon. Given the above issue, Astara-Astara International Railways was put into operation as pilot in the presence of Ali Khodaei Director General of Islamic Republic of Iran Railways in northwestern region, Karimov Deputy Transport Affairs and Abbasov […]

TEHRAN – In collaboration with foreign companies, Iranian carmakers are going to introduce four new passenger car models into the country’s market during the next Iranian calendar year (March 21, 2018- March 20, 2019), according to an industry official. Head of the Industrial Development and Revolution Organization (IDRO) Mansour Moazami, said since the implementation of […]

Yassin Mahmoud Rashid, the spokesperson for the Kurdistan Investors’ Union announced that the Union will hold an expert-level meeting with Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) to broaden bilateral economic relationship. Yassin Mahoud Rashid told Iranian news outlet IRNA in Erbil on Wednesday that the government of the Islamic Republic of Iran had […]

TEHRAN – The number of Iranian travelers to Azerbaijan has risen by nearly 64 percent in the first 10 months of 2017 compared to the same period last year. Around 320,000 Iranians visited the neighboring country in January-October this year in comparison with 204,000 the year before, IRNA reported on Tuesday. The Republic of Azerbaijan […]

TEHRAN – Norway’s ambassador in Tehran said renowned Norwegian companies active in different areas are interested in cooperation with Iranian counterparts. According to the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), Lars Nordrum made the remarks in a meeting with ICCIMA’s Head Gholam-Hossein Shafeie in Tehran on Tuesday, ICCIMA portal reported. […]

TEHRAN- Some 14,300 kilometers of roads are under construction in Iran, the managing director of Construction and Development of Transportation Infrastructures Company announced in a news conference on Tuesday. As IRNA quoted Kheirollah Khademi, some of these roads are to be completed in near future. “More than 70,000 workers are constructing these roads,” he said. […]

Iran is planning to become an exporter of technical and engineering services in gas sector, National Iranian Gas Company (NIGC) Managing Director Hamidreza Araghi announced. “We have already negotiated with some neighboring countries to export such services to them”, Hamidreza Araghi, the Managing Director of the National Iranian Gas Company (NIGC), said in a press […]

TEHRAN – Gas processing facilities of Hengam gas field (in the Persian Gulf) is going to be officially inaugurated in near future, Shana reported on Monday quoting an official with the Iranian Offshore Oil Company (IOOC). According to IOOC’s Managing Director Hamid Bovard, all the field’s process, infrastructure and utility unites, including demineralization, sweetening, pipelines, […]