TEHRAN (Iran News) – Minister of Economic Affairs and Finance (MEAF) Farhad Dejpasand said that Iran Foreign Direct Investment, FDI, registered a 20 percent growth in the first seven months of the current Iranian calendar year (started March 21), showing growth as compared to the last year’s corresponding period. He made the remarks on Mon. […]

TEHRAN (Iran News) – Over 3.5 million tons of agricultural products shapes Iran’s export to the neighboring states and other countries in the first 7 months of the current Iranian year (started on March 21), a senior official said. Iranian Deputy Agricultural Jihad Minister Abdolmahdi Bakhshandeh announced on Wednesday that $3 billion of agricultural products […]

TEHRAN (Iran News) – US sanctions have provided Iran with a rare opportunity to revive its textile and clothing industry which is as old as its history. There is a big opportunity for existing textile and apparel plants to expand and for new entrants to set up shop, especially in the wake of a stepped-up […]

TEHRAN (Iran News) – Trade Promotion Organization of Iran (TPO) plans to dispatch a trade and marketing delegation to Russia during February 9-13, 2020, TPO portal published. The Iranian delegates are active in the fields of agriculture, foodstuff, and fisheries. Also as previously announced, a 23-member trade delegation from Russia’s Samara City is going to […]

TEHRAN (Iran News)- Iranian First Vice-President Eshaq Jahangiri praised the country’s achievements and infrastructural developments despite US sanctions and pressures. The Iranian government, addressing infrastructural developments despite US sanctions and pressures, materialize economic development, Jahangiri said on Thursday, noticed the inauguration ceremony of a hospital in Miandoab in the Northwestern Iranian province of West Azarbaijan. […]

TEHRAN (Iran News)- The 3rd gas platform of South Pars phases 22 to 24, was installed in offshore sector after loading and transferring it to the sea. The 2,500-ton platform for the 23rd phase of South Pars field, as the second main platform of phases 22 to 24, was installed by HL-5000 vessel in the […]

TEHRAN (Iran News) – Foreign Direct Investment recorded that Iran FDI has reached to about 32 percent growth in the industrial sector in the first six months of the current year (from March 21 to Sept. 22). According to the statistics of the Ministry of Industry, Mine and Trade, about $762,600,000 worth of Foreign Direct […]

Tehran (Iran News) – Governor of the Central Bank of Iran (CBI) Abdol-Nasser Hemmati said on Monday that Iran’s economy stability returned while the US has employed banking sanctions, economic war, and also restricted Iran’s oil sale in the past year to make the Iranian economy implode. Abdol-Nasser Hemmati wrote on his Instagram page that […]

TEHRAN (Iran News) – In efforts to prop up domestic producers and increase employment opportunities, President Hassan Rouhani, Majlis Speaker Ali Larijani and Judiciary Chief Hojjatoleslam Ebrahim Raeisi decided on Saturday to ban the import of commodities which can be produced inside the country. The heads of three branches of government made the decision to […]

TEHRAN (Iran News) – Annual production of crude steel in Iran is planned to rise three million tons to 28 million tons in the current Iranian calendar year (ends on March 19, 2020), the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced on Wednesday. Khodadad Gharibpour made the announcement during […]