TEHRAN – The National Iranian Oil Company (NIOC) said it will continue legal efforts through international and domestic channels to overturn a UK appeals court ruling that upheld the seizure of a London property belonging to the Oil Industry Pen... Read more
TEHRAN – Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is preparing new proposals to deepen the country’s participation in the Shanghai Cooperation Organization (SCO), according to Majidreza Hariri, head of the Iran-Chin... Read more
TEHRAN- The Turkish Statistical Office announced that trade exchanges between Turkey and Iran in the first eight months of the current year reached $3.56 billion. Trade between the two countries during this period decreased by three percent comp... Read more
ECONOMIC IDEAL – TEHRAN (Tasnim) – Gold surged to a record above $4,000 an ounce as investors sought refuge amid rising global economic and political uncertainty. – World news – The precious metal has climbed by about a third s... Read more
ECONOMIC IDEAL – Iran’s oil minister says the country has significantly increased its oil production despite the continued pressure of US sanctions. Source: I S N A Read more
TEHRAN – Iran and Russia’s Astrakhan region are strengthening cooperation in trade, industry, energy and logistics as part of efforts to enhance connectivity along the International North–South Transit Corridor (INSTC), Iran’s Consul General in... Read more
TEHRAN – Iran’s small-scale power plants have increased their total daily electricity generation capacity to over 1,600 megawatts, according to the Power Generation, Transmission and Distribution Company (Tavanir). Abolfazl Asadi, Tavanir’s depu... Read more
TEHRAN – Iran’s Oil Minister Mohsen Paknejad announced a significant hydrocarbon discovery at the Pazan field, located in southern Fars Province, that could add an estimated 10 trillion cubic feet (Tcf) of natural gas to the country’s reserves.... Read more
ECONOMIC IDEAL – TEHRAN, Oct. 07 (MNA) – An official with the Trade Promotion Organization of Iran (TPOI) says that the snapback sanctions will not affect Eurasian free trade and announced the development of strategies to maintain trade re... Read more
TEHRAN – The South Korean Ambassador to Iran Kim Junpyo has praised Markazi Province’s industrial capacity, saying it has become a highly attractive destination for investment with over 3,000 manufacturing units already established there. He mad... Read more
