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Iran-China trade value exceeds $5 billion in 4 months
May 22, 2023 02:22China’s Customs Office put the value of trade exchanges between Iran and China in the first four months of 2023 (January to April) at over $5 billion.
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Iran eyes economic growth of 8% in its 5-year vision plan
May 22, 2023 02:02Iran has set a target to reach an average economic growth rate of 8% between 2023 and 2028 as part of a new vision plan unveiled by the government.
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Iran’s power output up by 7 GW compared with mid-2021
May 22, 2023 01:41Iran’s Energy Ministry says power generation capacity in the country has risen by 7 gigawatts (GW) since mid-2021 when Iran’s current administrative government took office.
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Iran Navy flotilla concluded round-the-world mission despite sanctions: Top general
May 21, 2023 04:00The chief of Staff of the Iranian Armed Forces says the country’s 86th naval flotilla concluded its historic voyage on the high seas to mark an outstanding achievement despite Western-led sanctions against the Islamic Republic.
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Iran welcomes Navy's 86th Flotilla in Bandar Abbas, marking historic circumnavigation
May 21, 2023 03:38In a remarkable display of Iran's naval prowess, the Iranian Navy's 86th flotilla, consisting of the indigenously manufactured Dena destroyer and Makran forward base ship, received a triumphant welcome on Sunday.
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Iran racing against time to launch large refinery in south
May 21, 2023 02:10A large Iranian gas condensate refinery is expected to come on line next year amid efforts to meet a rising demand for gasoline that has caused the country to resume imports after more than a decade.
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Moscow bans 500 Americans, including Obama, from entering Russia
May 20, 2023 04:18Russia has banned 500 Americans, including former US President Barack Obama, from entering the country in retaliation for the latest round of sanctions imposed by the US.
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US issues new sanctions, targeting 'logistics network' between Iran and Russia
May 20, 2023 03:26The United States has issued new illegal sanctions targeting what it calls the “logistics network” between Iran and Russia as the two countries move to enhance their relations.
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Two Iranian banks plan to set up offices in Russia: CBI official
May 19, 2023 03:52Two Iranian banks are planning to launch offices and branches in Russia, according to a Central Bank of Iran (CBI) official and amid growing trade and business ties between the two countries.
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Iran denies being paid in African currencies for oil exports to China
May 15, 2023 01:48The Iranian Oil Ministry has denied a report suggesting that it is being paid in African currencies for oil exports to China, saying the claim is just an attempt to undermine Iran’s success in ramping up oil exports in recent months despite the continued pressure of US sanctions.