A railroad connecting Rasht and Astara in Iran, which should become part of the International North-South Transportation Corridor, will be built by the end of 2027, Russian First Deputy Prime…

The head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA), is setting up a ‘Green Power Board’ at the Iran Energy Exchange (IRENEX), to help improve market competition.

Iran and Russia have signed an agreement for enhancement of tourism cooperation. The agreement was signed on Friday by Iran’s Deputy Minister of Cultural Heritage, Handicrafts and Tourism Ali-…

A total of 77,932 tons of rice worth 26.13 trillion rials ($91.69 million) were imported to Iran in the first month of the current fiscal year (March 21-April 20), registering a 52% and 66% fall…

China has been the biggest destination for Iran’s exports of minerals and mining products in terms of value in recent years, the latest data released by the Iranian Mines and Mining Industries…

Total trade in goods and services (exports plus imports) between the UK and Iran was £696 million in the four quarters ending Q4 2022, an increase of 71.9% or £291 million in current prices from…

Jakarta and Tehran have concluded the final stage of negotiations on a trade agreement, the Indonesian Trade Ministry said on Wednesday.

A total of $740 million will be allocated to indigenize turbo compressors and turbines used in the oil industry, the managing director of the National Iranian Oil Company said.

To meet its demand for steel sheets, the state-run National Iranian Gas Company has signed an agreement with Iran’s largest rolling plant, Khuzestan Oxin Steel Company, the head of the steel…

The National Iranian Gas Company raised its natural gas exports in 2022 by 17%, the managing director of Iranian Gas Transmission Company said. “The state-run company’s exports reached 17…

SAIPA Automotive Group and Bank Sepah have agreed to forge cooperation between their respective affiliates, SAIPA Yadak and Omid Investment Management Group. In a joint meeting of the directors…

A delegation from Iraq’s Kurdistan Regional Government is due to visit Iran at the end of May to meet with government officials to strengthen bilateral trade relations. The KRG delegation will…

Iran’s trade with India fell 24% during the first three months of 2023 compared with the same period of last year to stand at $510 million, latest data released by the Indian Ministry of…

Since 2002, Iran, Russia and India have worked intermittently on a new transportation system by rail, road and sea — running 4,500 miles through at least six Eurasian countries and benefitting…

After more than a year of warnings, Bank of England Governor Andrew Bailey says the UK is now experiencing a wage-price spiral despite 12 consecutive central bank interest rate hikes.

The top leaders of Pakistan and Iran on Thursday inaugurated the first border market, as relations warm between the two countries, officials said.

The Central Securities Depository of Iran (CSDI), the capital market clearing house, says 4,374 trading codes have been issued for foreign investors and 27 codes were issued during the twelfth…

Commercial banks are planning to open offices and branches in Russia, a deputy governor of the Central Bank of Iran says. 

Iran has denounced accusations made by financial ministers of the Group of Seven advanced economies, calling on them to stop following the United States’ sanctions instead of bringing baseless…

The Foreign Ministry has roundly rejected any connection between Iran and the Azeri nationals recently arrested on a charge of links with Iranian organizations.

The United Nations Secretary General described Iran as an important country in the region whose restoration of diplomatic ties with Saudi Arabia could be a first step in promoting constructive…

 In recent decades, Iran’s economy has been grappling with a major challenge, namely government intervention in the economy at various levels, which started at the beginning of the 199…

Oil prices rebounded on Friday from losses of more than 1% the previous day, as investors turned cautiously optimistic over the fading risk of a US debt default. Brent futures rose 73 cents, or…

Persian Gulf Petrochemical Complementary Industries Development and Improvement Group, also named Petrol, is taking measures for completing the value chain in the petrochemical industry, the…

Afghanistan's Taliban-led administration is not allowed to trample upon Iranian people’s water rights in the drought-stricken Sistan-Baluchestan Province under lame excuses. President…