TEHRAN- Iran produced 1.98 million tons of crude steel during October 2017, with a 24.2 percent rise from 1.597 million tons in the same month last year, according to the World Steel Association (WSA). The WSA also announced that the country’s crude steel production stood at 17.901 million tons during the first ten months of […]

TEHRAN- In a Tuesday meeting between Austria’s minister for science, research, and economy and the visiting head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), the two sides discussed expansion of bilateral economic ties, IRNA reported. During the meeting, referring to Austria’s ex-president’s visit to Iran after implementation of Iran’s nuclear deal in […]

TEHRAN- Iran is offering discounts to the Asian customers of its crude oil in a bid to retain them. The country hopes that price reductions will boost the appeal of its crude compared with other Middle Eastern supply even as the potential threat of further U.S. sanctions on the country looms, Reuters reported on Wednesday. […]

TEHRAN- 31st World Islamic Economic Forum (WIFE) started operation in Kuching, Malaysia, on Tuesday with participation of Iranian Minister of Communication and Information Technology Mohammad-Javad Azari Jahromi, IRNA reported. Addressing the forum, Azari Jahromi said that to prepare a roadmap for Organization of Islamic Cooperation (OIC) and Islamic Development Bank (ISDB) studies should be conducted […]

TEHRAN – The first phase of Shahid Beheshti Port in Chabahar, southeastern Iran, will be inaugurated by early December with an estimated investment of $1 billion. Mohammad Rastad, managing director of Ports and Maritime Organization (PMO), announced that the inauguration ceremony will be attended by President Hassan Rouhani, top officials from 27 countries, as well […]

TEHRAN – The second edition of Iran’s International Exhibition of Horticulture, Inputs, Greenhouses, Related Industries, Machinery and Equipment (HIGEX 2017) kicked off on Tuesday at Boostan Goftegoo’s Exhibition and Conference Centre in Tehran. during the four-day event, exhibitors from Italy, Germany, Turkey, China, Taiwan and the Netherlands are showcasing their latest products and services in […]

TEHRAN – Iran is negotiating with new European customers to expand its oil clienteles, Iranian Vice Oil Minister Marziyeh Shahdaie told Tasnim News Agency without further elaboration. The official stated that the recent cuts in imports from some of the country’s Asian buyers are not going to disrupt its oil exports. “Our current approach is […]

TEHRAN- Under the direct supervision of Iranian Industry Ministry, Iran Solo Exhibition started operation in Kazan, the capital of Tatarstan Republic in Russia, on Monday, the website of Trade Promotion Organization of Iran reported. Iranian companies are showcasing their latest products during the four-day event in various sectors such as construction materials, technical, telecommunication and […]

TEHRAN- The 6th Iran-Ghana Joint Economic Committee meeting was held in Accra, the capital city of Ghana, with participation of a 60-member Iranian delegation, the website of Trade Promotion Organization of Iran (TPO) reported on Monday. As reported, on the sidelines of the two countries’ joint economic committee, Iran-Ghana trade and investment opportunities forum was […]

TEHRAN – An Iranian deputy oil minister unveiled plans for a rise in crude exports to Europe by finding new customers. Marzieh Shahdaei said the Oil Ministry is negotiating with new European customers as part of policies to increase crude oil exports to the continent. With the conclusion of the business talks, Europe’s share of […]