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Iran marks milestone by sending oil to terminal on Sea of Oman
May 19, 2021 08:57Iran has started sending oil to a new terminal on the Sea of Oman through a pipeline that bypasses the Strait of Hormuz, Chief Executive of the National Iranian Oil Company Mehdi Karbasian says.
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Iran’s non-oil export hits 46% growth in current year: IRICA
May 18, 2021 09:41Head of the Islamic Republic of Iran Customs Administration (IRICA) said that the country exported $5.6 billion worth of non-oil goods and commodities to foreign countries from March 21 to May 15, 2021.
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President urges attracting foreign investment in free trade zones
May 16, 2021 07:09President Hassan Rouhani called for plans to attract foreign investment in the country’s free trade zones.
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Iran secures court order to protect Luxembourg funds against US attempt
May 14, 2021 01:52The Central Bank of Iran (CBI) has managed to win a court order in Luxembourg to prevent the transfer of nearly $1.7 billion worth of assets from the European country to the United States.
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Iran-Russia trade at $2.62bn in year to March: IRICA
May 13, 2021 01:45Iran’s customs office IRICA says Russia was responsible for a bulk of trade between Iran and members of the Eurasian Economic Union (EAEU) in the year to March 20.
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EU court scorns German firm over Iran contract
May 13, 2021 00:18An opinion provided by the European Union’s top court to German judges says that termination of a contract involving Bank Melli Iran by a major German company over fears of the illegal US sanctions was legally invalid.
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Iran taps sovereign wealth fund to help boost stock market trade
May 12, 2021 01:26Iran has allowed tapping $200 million from its sovereign wealth fund for the purpose of investment in the local stock market where trade has plummeted sharply in recent months causing discontent among small investors.
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Iran opens new electricity dispatching center
May 11, 2021 23:57Minister of Energy Reza Ardakanian has launched a new electricity dispatching center in a bid to modernize power grid systems in the country and to play a more influential role in the regional electricity market.
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Iranian investor to sign airport plan abandoned by French
May 05, 2021 06:42Iran will soon sign the contract to build a new terminal at the Imam Khomeini Airport (IKA) in Tehran to handle 25 million passengers a year, an official says.
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Leader addresses nation on Teachers', Workers' Day
May 02, 2021 09:34Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei addresses the nation in a live televised speech touching on the most important domestic and international issues.