Wednesday, 11 June , 2025
  • Afghanistan, Turkey Emerge as Iran’s Carpet Industry Rivals 11 Jun 2025

    Afghanistan, Turkey Emerge as Iran’s Carpet Industry Rivals

    TEHRAN - The head of Tehran's Chamber of Commerce, Industries, Mines, and Agriculture stated on Tuesday that countries like Afghanistan, China, and Turkey have become serious competitors to Iran in the carpet industry — even going so far as to hire skilled Iranian weavers to produce carpets. He called this "an ultimate injustice" to the Iranian people.

Ban on Imports of Home Appliances Not to Be Lifted for Now 22 Dec 2022

Ban on Imports of Home Appliances Not to Be Lifted for Now

The Ministry of Industry, Mine and Trade Spokesman says the ministry is not to lift ban on imports of home appliances for now.

Non-Oil GDP Growth at 3.4% in H1 21 Dec 2022

Non-Oil GDP Growth at 3.4% in H1

The Statistical Center of Iran  says the country’s gross domestic product (GDP) excluding oil grew 3.4 percent in the first six months of the current Iranian calendar year (March 21 – September 22) compared to the same period last year.

Talks Underway to Use Iran’s Frozen Assets in Other States 21 Dec 2022

Talks Underway to Use Iran’s Frozen Assets in Other States

Minister of Finance, in his presser, said on Tuesday that talks are going on to use the country's blocked assets in other countries.

Good Things Happen in Iran Refineries 20 Dec 2022

Good Things Happen in Iran Refineries

Oil Minister Javad Owji said the 13th administration has initiated sizable movements in the country's refining industry including quality improvement in Abadan Refinery and all the refineries across the country.

19 Dec 2022

Outcome of Research Actions Should Lead to Satisfaction

The CEO of Etka Organization says the outcome of research actions should lead to satisfaction, adding that the outcome should lead to the decrease in final cost, costs of production and increase in quality of products and competitiveness.

Iran Gas Output From South Pars Hits 0.7bcm/d 19 Dec 2022

Iran Gas Output From South Pars Hits 0.7bcm/d

The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters.

Sanctions a Big Hurdle in Way of Boosting Iran-Brazil Trade 18 Dec 2022

Sanctions a Big Hurdle in Way of Boosting Iran-Brazil Trade

Ambassador of Brazil to Tehran Laudemar Goncalves de Aguiar Neto says sanctions are a big obstacle in way of trade between Iran and Brazil but the main hurdle is lack of acquaintance of both states about their capacities for bilateral cooperation which can be resolved through the presence of traders in the exhibitions.

Downward Inflation Rate Predicted for Next Year 18 Dec 2022

Downward Inflation Rate Predicted for Next Year

Governor of Iran’s Central Bank in a TV program said that the inflation rate for next year is predicted to go downward adding that since the beginning of President Seyed Ebrahim Raisi’s government, the inflation rate has declined from 59.3% to 39.9% and reiterated that the current excited forex rate will cool down.

Iran’s Q3 average oil output rises 11,000 bpd: OPEC 17 Dec 2022

Iran’s Q3 average oil output rises 11,000 bpd: OPEC

Iran’s average oil production in the third quarter of 2022 stood at 2.566 million barrels per day (bpd), 11,000 bpd more than the figure for the second quarter of the year, according to OPEC’s latest monthly report published on Wednesday.

Iran, China Reach Good Agreement on Joint Oil, Gas Fields 15 Dec 2022

Iran, China Reach Good Agreement on Joint Oil, Gas Fields

Referring to the Chinese Deputy Prime Minister's visit to Tehran, the Iranian Oil Minister announced that good agreements were agreed upon with the Chinese side regarding the development of oil and gas fields.