PARIS – Bpifrance, the country’s state investment bank, will finance investment projects of French companies in Iran from 2018, granting up to 500 million euros ($598 million) in annual credits, its CEO said in a newspaper interview on Sunday. “Excluding a force majeure case, we will be on their side in early 2018. We are […]

The International Energy Agency (IEA) in its latest report on the status of the global energy market said that was the world’s third largest producer of natural gas in 2016.    The IEA in its report said Iran had produced 190 billion cubic meters (bcm) of gas last year which it said was 5.3 percent […]

TEHRAN — An information sign was unveiled on Thursday for Roodafshan, a cave located in Damavand, eastern Tehran, enlightening tourists about its geographical and historical characteristic as well as some safety rules for caving. Designed by the Iranian Cave and Speleology Association, the sign is said to be the first of its kind in Iran, […]

TEHRAN – The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said Iran and Kazakhstan have established a joint shipping company in a bid to boost their bilateral trade. Iran and Kazakhstan’s state-owned railway company have set up a joint shipping company to connect Central Asia to southern Iran, Mohammad Saeedi told […]

TEHRAN – The Film Museum of Iran is displaying a selection of stills from movies on the 1980-1988 Iran-Iraq war to commemorate the anniversary of the war. Photos by seven photographers, including Mitra Mahaseni, Babak Borzuyeh, Amir-Hossein Shojaei, Habib Majidi and Hamid Jaanipur, have been selected for the collection. The weeklong exhibit showcases stills from […]

TEHRAN  – Iranian exports of ultra-light crude oil are set to fall to a five-month low in October due to maintenance at the giant South Pars natural gas field, a source said. The source with knowledge of Iran’s preliminary tanker schedule said on Friday that the National Iranian Oil Co (NIOC) has informed buyers in […]

TEHRAN  – Iran powered its way into the AFC U-16 Championship 2018 Malaysia after a 2-1 win over 10-man Afghanistan in a Group C tie at the Enghelab Stadium on Friday. Iran went ahead in the 26th minute through Mahdi Seyedi. Amir Jafari added the second for Iran in the 69th minute as Afghanistan struggled […]

TEHRAN– Iran’s ICT Minister Azari Jahromi announced the country’s readiness to join two international space projects which include “optical space observation” and “Data Sharing Service Platform”. Announcing Iran’s readiness to cooperate with Asia-Pacific Space Cooperation Organization (APSCO) on space projects, Mohammad Javad Azari Jahromi said “since the foundation of this international organization, Iran has been […]

German Foreign Minister Sigmar Gabriel issued a statement after the EU3+3 Foreign Ministers meeting with Iran in New York. Emphaszing the necessity of sustaining the Nuclear Deal (JCPOA) with Iran, the statement reads, “It is in our utmost interest not to jeopardize the nuclear agreement with Iran and certainly not to end it now or […]

Russian Foreign Minister Sergei Lavrov reaffirmed Russia’s commitment to maintaining the sustainability of the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear program. The meeting of the Six (Russia, the UK, China, the US, France and Germany) and Iran was held on Wednesday on the sidelines of the UN General Assembly. “Lavrov confirmed […]