An Iranian official says the country's southeastern Chabahar Free trade Zone enjoys essential properties for the transit of goods to the member states of the Economic Cooperation Organization (ECO).
Thu Feb 2, 2012 6:38PM
India plans to send a business delegation to Iran to hold talks aimed at increasing the volume of Tehran's oil exports to New Delhi, a report says.
Wed Feb 1, 2012 9:32AM
The head of Tehran Chamber of Commerce, Industries and Mines, Yahya Ale-Eshaq says Iran's gold reserves have set a new record, standing at nearly $17.5 billion.
Tue Jan 31, 2012 2:3AM
Iranian Prosecutor General Gholam-Hossein Mohseni-Ejei says a number of people involved in the country's biggest embezzlement case will be put on trial in the near future.
Sun Jan 29, 2012 4:2PM
Iran's leading automaker Iran Khodro Co. (IKCO) has announced that at least three percent of the company's sales will be allocated to research and development.
Sat Jan 28, 2012 5:49PM
Turkey's Halkbank has announced that it will continue to handle customer oil payments to Iran as long as they comply with international regulations.
Sat Jan 28, 2012 4:47PM
Iran's Ambassador to Lebanon says Tehran is willing to help Beirut end its energy problems by supplying the country with electricity and building additional power plants.
Sat Jan 28, 2012 4:41PM
Iran Khodro Co. (IKCO) has announced that its domestic cars will meet the Euro IV standard requirements from the next Iranian calendar year on (starting March 20).
Thu Jan 26, 2012 10:34AM
Iran and Iraq have signed a memorandum of understanding (MoU) to increase cooperation in road, railway and air transportations as well as technical and engineering fields.
Wed Jan 25, 2012 6:53PM
Figures released by Iranian officials show the country's foreign trade has been developing in recent years despite tougher sanctions imposed on Iran's oil and financial sectors by the US and European Union.
Tue Jan 24, 2012 6:7PM
After imposing sanctions on Iran's oil imports and Central Bank, the European Union has added the country's state-owned Bank Tejarat to its sanctions blacklist.
Tue Jan 24, 2012 3:31AM
Israel and the United Stated have praised the European Union's decision to ban oil imports from the Islamic Republic of Iran.
Mon Jan 23, 2012 9:46AM
The World Bank has envisaged that Iran's economy will grow in the current year despite the sanctions imposed against the Islamic Republic over its nuclear energy program.
Fri Jan 20, 2012 8:27AM
Iran and Turkey have signed an agreement in the fields of trade, transportation and investment in the Turkish capital, Ankara Press TV reports.
Thu Jan 19, 2012 10:6AM
The Islamic Republic of Iran and Turkey seek to increase the value of trade between the two countries to 30 billion dollars in 2015.
Thu Jan 19, 2012 5:48AM
Iran's Foreign Minister Ali Akbar Salehi is in the Turkish capital, Ankara, at the head of a high-ranking delegation to attend the 23rd session of the Joint Economic Cooperation Commission of the two countries.
Sun Jan 15, 2012 11:33AM
A Venezuelan official has lauded expanding economic ties between Iran and Venezuela, saying the two nations are working on a number of joint projects.
Sat Jan 14, 2012 1:3PM
Iran's Majlis (Parliament) Speaker Ali Larijani has announced that Iran and Turkey are scheduled to hold their joint economic commission meeting in the coming week.
Tue Jan 10, 2012 3:2PM
The Iranian government has announced the impending launch of the second phase of the subsidy reform plan which aims to rejuvenate Iran's economy.
Sun Jan 8, 2012 4:28PM
Iran has held the 2nd International Exhibition on Agricultural and Organic Products, hosting more than 50 Iranian and international companies, Press TV reports.
Sun Jan 8, 2012 9:15AM
Iran's Alloy Steel Company has increased its exports by 26 percent in the first nine months of the current Iranian year (started March 21, 2011), a report says.
Sat Jan 7, 2012 7:38PM
During the first national conference on the export of knowledge-based goods and services, Iranian officials say the record rise in exports proves the ineffectiveness of US-led sanctions, Press TV reports.
Sat Jan 7, 2012 5:8PM
The official in charge of Aframax tankers project at Iran Marine Industrial Co. (Sadra) says the first Aframax tanker made by Iran will be launched in September 2012.
Thu Jan 5, 2012 5:20PM
Iran's Foreign Minister Ali Akbar Salehi has announced the country's trade volume with neighboring Turkey will surpass USD 15 billion in 2012.
Thu Jan 5, 2012 8:41AM
Iran's Minister of Economic Affairs and Finance Shamseddin Hosseini says the country's non-oil exports have reached 32 billion dollars in the first nine months of the current Iranian calendar year (ending March 21, 2012).
Wed Jan 4, 2012 1:45PM
Iran Khodro Co. (IKCO) has announced that its second domestically-manufactured car, Runna, will hit national and international markets in near future.
Tue Jan 3, 2012 9:42AM
Following new US sanctions against the Central Bank of Iran (CBI), a senior Iranian lawmaker says the Islamic Republic has adopted strategies to manage Washington's new economic scenario.
Mon Jan 2, 2012 6:29PM
Despite a steep rise of the US dollar's parity against Iran's national currency in the unofficial market, the Central Bank of Iran (CBI) has yet to announce a clear policy to assuage the foreign exchange market.
Sun Jan 1, 2012 11:26AM
Iran's deputy minister of economy says Iran's Council on Foreign Investments has approved USD 246 million worth of foreign investment in different industrial and economic projects.
Fri Dec 30, 2011 11:13AM
The Islamic Republic of Iran's steel production has witnessed an increase of about 10-percent during the first 11 months of 2011, a report says.
Tue Dec 27, 2011 2:8AM
The Trade Promotion Organization of Iran (TPOI) has announced that about 62 percent of all Iranian exports are currently going to Asia-Pacific countries.
Mon Dec 26, 2011 4:36PM
Iran's Minister of Transportation and Housing says the country is in talks with Russia to buy new airplanes for the expansion of its civil aviation fleet.
Mon Dec 26, 2011 1:22PM
The Iranian Energy Ministry has announced that the country has exported more than 6,000 gigawatt hours (GWh) of electricity to its neighbors in the past nine months.
Mon Dec 26, 2011 12:53PM
Iranian President Mahmoud Ahmadinejad has inaugurated a cement factory in Iran's central Province of Qom with the annual production capacity of one million tons.
Sun Dec 25, 2011 5:24PM
Iran's Foreign Minister Ali Akbar Salehi says Tehran and Yerevan are considering the formulation of a free trade agreement to facilitate bilateral trade transactions.
Sun Dec 25, 2011 11:25AM
Iran's Industry, Mine and Commerce Minister Mehdi Ghazanfari says trade transactions between Iran and Afghanistan have reached USD 2 billion since the beginning of 2011.
Fri Dec 23, 2011 11:30AM
Iran and Armenia have signed five documents for cooperation and memoranda of understanding (MoU) on the sidelines of Iran's President Mahmoud Ahmadinejad's visit to Armenia.
Fri Dec 23, 2011 11:20AM
An Iranian official says the government has presented a proposal for lopping four zeros from the national currency to Iran's Economic Council for further examination.
Tue Dec 20, 2011 6:29PM
Iran's Foreign Ministry Spokesman Ramin Mehmanparast has rejected reports about Tehran halting trade with the United Arab Emirate (UAE).
Fri Dec 16, 2011 3:53PM
Under intense US pressure, South Korea has limited financial deals with 99 Iranian groups and six individuals, but stopped short of halting imports of petrochemical goods and crude oil from Tehran.
Fri Dec 16, 2011 9:30AM
Namibian Mines and Energy Minister Isak Katali has expressed Namibia's willingness to use Iran's expertise to develop one of the biggest natural gas fields in the African country.
Thu Dec 15, 2011 9:49AM
Iran's Minister of Road and Urban Development Ali Nikzad has announced the country's willingness to help fulfill the economic needs of Syria amid the US-led Western economic pressure on Damascus.
Mon Dec 12, 2011 4:9PM
Iran's Industry, Mine and Commerce Minister Mehdi Ghazanfari says Iran is ready to invest in uranium mining projects and oil refineries in Namibia, Press TV reports.
Mon Dec 12, 2011 8:44AM
An Iranian official says Iran's non-oil exports, including gas condensates, have surpassed USD 28 billion during the first eight months of the current Iranian year (started March 21).
Mon Dec 12, 2011 3:36AM
Iranian Minister of Industry, Mines and Trade Mehdi Ghazanfari has announced that the country's steel production has witnessed 10-percent growth in the first 10 months of the year.
Sun Dec 11, 2011 9:43AM
India's Ambassador to Tehran has expressed his country's interest in investment potentials of Iran's Persian Gulf Qeshm Island, stating that Indian entrepreneurs are willing to invest in the island.
Wed Dec 7, 2011 2:10PM
Iranian Economy Minister Shamseddin Hosseini says the Iranian government has allocated about USD 5.4 billion from the National Development Fund (NDF) to promote foreign investment.
Wed Dec 7, 2011 1:41PM
Iran Khodro Co. (IKCO), with an asset of over USD 30 billion, is dubbed the most prosperous Iranian industrial company, a financial statement shows.
Mon Dec 5, 2011 3:20AM
The main index of the Tehran Stock Exchange, TEPIX, has soared to a new high, despite the US-led sanctions imposed on the Islamic Republic of Iran.
Sun Dec 4, 2011 7:5PM
Member of Iran Majlis (parliament) National Security and Foreign Policy Committee says the European Union's unilateral sanctions against Iran are like a double-edged sword, which harm the European countries more than Iran.
