Armenia has proposed an Iran-Black Sea corridor to connect Indian traders with Russia and Europe. The offer was made last week by a visiting Armenian team comprising senior officials and…

Iran’s state procurement agency, the Government Trading Corporation, reportedly purchased several hundred thousand tons of Russian milling wheat last week for April and May shipment.  The…

The Purchasing Managers' Index for Iran’s economy has emerged from a record low registered in the 10th month of the current Iranian year (Dec. 22, 2022-Jan. 20), new data released by the…

The OPEC+ coalition's crude oil production fell by 80,000 barrels per day in February, the latest Platts survey by S&P Global Commodity Insights found, with volumes dropping in Iraq, Angola…

Close to 9 billion cubic meters of water have flowed into Khuzestan Province’s big dams since the beginning of the current water year (Sept. 2022), the head of R&D Department of the…

The National Iranian Oil Company’s drilling operations and the discovery of hydrocarbon reserves have witnessed a considerable rise over the last five years, the head of NIOC’s Exploration…

Bandar Abbas Power Plant in Hormozgan Province has succeeded in indigenizing its parts and equipment, the managing director of the provincial Electricity Production Management Company said.

The European Union said the recent agreement on the restoration of relations between Iran and Saudi Arabia can contribute to the stabilization of the region as a whole, since both countries are…

Xi Jinping was handed a third term as Chinese president on Friday, capping a rise that has seen him become the country's most powerful leader in generations.

A domestic company has produced a nano-based thermal insulation that can be installed in residential and industrial units. The environmentally friendly technological product contains…

Iran’s economy grew by 3.3% in the first three quarters of the current fiscal year (March 21-Dec. 21, 2022) compared with the preceding year’s corresponding period, the Statistical Center of…

Iran’s plans to start mining lithium ore from two newly discovered deposits in the next two years could prove to be a lifeline in the medium term for an economy battered by high inflation and…

India and five Central Asian countries on Tuesday asserted that Afghani soil must not be used for any terrorist activities even as New Delhi announced a fresh tranche of 20,000 tons of wheat to…

The First Economic Cooperation Summit of Iran with West African countries was held in Tehran on Monday.

Iran and the UAE have agreed on Tuesday to boost aviation collaboration.  Spokesman of Civil Aviation Organization of Iran Jafar Yazarlou said a memorandum of understanding has been signed…

Iran is negotiating deals with the Qatari side in the fields of maritime transportation, insurance, banking and food security, Alireza Peymanpak, the head of Trade Promotion Organization of Iran…

Iran’s first dry port was inaugurated in Eslamshahr County of Tehran Province on Monday in the presence of Minister of Roads and Urban Development, Mehrdad Bazrpash. “Aprin” is touted as inland…

Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about the prospect of steep interest rate hikes in the United States slowing economic growth…

The first phase of the Gas and Natural Gas Liquid Plant in Khuzestan Province, named NGL 3200 that collects associated petroleum gases from oil and gas fields, will be launched in the near…

Following the rise in the volume of water in Zayanderud Dam, its hydroelectric power plant was reconnected to the national grid after remaining grounded for five months, the Isfahan Regional…

The first joint UNDP-Japan desalination unit is expected to be constructed in Iran's southeastern province of Sistan-Baluchestan to supply water to at least 50,000 people in Chabahar’s rural…

Iran and Saudi Arabia agreed to restore their diplomatic ties after several days of intensive negotiations between the two countries’ top national security officials in the Chinese capital…

A senior diplomat hit back at the shareholders of INSTEX, a mechanism the EU had devised for trade with Iran, for blaming Iran for the liquidation of the system, saying Europe is trying to cover…

A total of 13.13 million tons of livestock and poultry feed worth $6.45 billion were imported during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), registering a 118%…

The value of proven mineral reserves discovered by the Iranian Mines and Mining Industries Development and Renovation Organization across the country stands at $28 billion, according to IMIDRO’s…