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Iranian Finance

  • Oil minister: Iran to launch 5 South Pars phases next calendar year

    Oil minister: Iran to launch 5 South Pars phases next calendar year

    Jan 23, 2018 09:31

    Iran's Oil Minister Bijan Zanganeh says the country will start gas production from 5 phases of the supergiant South Pars Gas Field during the next calendar year starting on March 21.

  • Iran’s wheat export 7 folded

    Iran’s wheat export 7 folded

    Jan 16, 2018 13:58

    The export of wheat from Iran increased by 758 percent in value compared to the last year while its import is banned, showing the country's self-sufficiency in this strategic product.

  • Iran reports 13% rise in transit of goods

    Iran reports 13% rise in transit of goods

    Jan 14, 2018 09:53

    Iran has announced an increase of 13 percent in truck transit activities through its territory in what could be a sign of the significance of the country’s location in regional trade.

  • Italy signs EU’s biggest ever credit deal with Iran

    Italy signs EU’s biggest ever credit deal with Iran

    Jan 12, 2018 10:16

    Iran and Italy have signed a major framework credit agreement which will be used to provide funds for development and industrial projects in the Islamic Republic.

  • Iran keeps global market for nibbles stocked up

    Iran keeps global market for nibbles stocked up

    Jan 06, 2018 16:27

    Iran exported $950 million worth of dried fruit over the course of eight months since March 2017, the head of the Trade Promotion Organization of Iran says.

  • Iran’s key refinery producing 12 million liters of gasoline

    Iran’s key refinery producing 12 million liters of gasoline

    Jan 03, 2018 09:23

    Iran says its flagship prime quality gasoline production project is now producing as much as 12 million liters of the strategic fuel every day.

  • S. Korean credit line tapped for financing Iran refinery project

    S. Korean credit line tapped for financing Iran refinery project

    Dec 31, 2017 09:13

    A project to optimize Iran's Isfahan Refinery will be financed by a South Korean credit line.

  • Belarus to supply Iran with electric buses in 2 months

    Belarus to supply Iran with electric buses in 2 months

    Dec 31, 2017 09:06

    A privately-owned Iranian company is in talks with a Belarus manufacturer ‘Belkamunmash’ for technology cooperation and investment in a new generation of electric buses in Tehran.

  • Iran's non-oil exports hit $31bln in 9 months

    Iran's non-oil exports hit $31bln in 9 months

    Dec 31, 2017 09:04

    Iran has boosted its non-oil exports in the first nine months of the current Iranian year (March 22-December 22) as compared with the previous year's corresponding period.

  • Iran expected to ship first LNG in late 2018

    Iran expected to ship first LNG in late 2018

    Nov 19, 2017 09:20

    Only weeks after the world heard news of a revival in Iran’s ambitious plans to get a foothold in the global market of liquefied natural gas (LNG), speculations are now emerging that the country’s first consignments of the strategic fuel could flow to markets in 12 months’ time.

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    Iran unveils four new health products for brain, skin, hair and obesity

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