Iran expands energy sector with new gas field development
The National Iranian Oil Company (NIOC) is set to begin the development of the North Pars gas field soon, Managing Director of Iran's Pars Special …
Iranian economy
Iran’s oil output up nearly 13% last year
Iran’s oil production increased by 13% in 2024, according to the Organization of the Petroleum Exporting Countries (OPEC) data. Iran’s oil production had reached an average of 3.257 million barrels per day last year - an …
Jolfa almost doubles export volume
During the first 10 months of the current Iranian year, 336,668 tons of goods were sent through Jolfa customs
Iran reports growth in non-oil exports to West Asian countries
Iran's non-oil exports to a number of West Asian countries, including Saudi Arabia, Lebanon, and Bahrain, increased during 9 months of the current Iranian year …
VTB bank to open subsidiary in Iran
Russia's VTB bank plans to open a full-fledged subsidiary bank in Iran by the end of 2025, President and Board Chairman Andrei Kostin said. "We are announcing today that we plan to open a bank by the end of this …
Iran rejects decline in crude oil export
Head of the Iranian National Oil Company (NIOC) Hamid Bovard stressed that the report of Iran's crude oil export decline is false. He pointed out …
Iran's president orders relocation of capital
The relocation of Iran's capital from Tehran has been assigned to First Vice President Mohammad Reza Aref, Iranian President Masoud Pezeshkian said in a meeting with representatives of some provinces in Tehran.
Iran and Qatar pursue plans for world’s longest undersea tunnel
Iran’s First Vice President Mohammad Reza Aref has announced Tehran and Doha’s mutual pursuit of constructing the world’s longest undersea tunnel to connect Iran and Qatar. In a meeting with Qatar’s newly …
Iran plans to join BRICS New Development Bank
Iran thinks high of the role of the BRICS New Development Bank (NDB) in the association and is going to become its member, Governor of the Central Bank of Iran Mohammad Reza Farzin said after the BRICS Finance Ministers and Central Bank Governors …
Iran wants new capital on Persian Gulf shore
Earlier, the country's president announced the transfer of the capital for economic reasons
Iran increasing fishery export
Director general of the Iranian Ministry of Agriculture’s Office of Quality Improvement, Processing, and Aquatic Market Abbas Mokhtari said the value of Iran’s fishery export increased by over 30% during the first quarter of the …
IMF: Iran's economy growing
The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023. In its latest quarterly report the IMF put …
New Iranian manufacturers to join Russian market
The delegation of the parliamentary friendship group of Russia and Iran began an official visit to Moscow. The program includes negotiations with representatives of the State Duma, the Federation Council and the Russian Foreign Ministry. The talks will concern the expansion of economic and interparliamentary cooperation.
Case filed against Iran's ex-president Rouhani
Iran’s former President Hassan Rouhani faces several cases in a special prosecutor’s office for the clergy over his interventions in …
Raisi speaks about Iranian economic miracle
Iranian President Ebrahim Raisi said a simple examination of economic indicators shows Iran has started a journey towards economic growth. Raisi reiterated the need to focus on domestic capabilities to address the problems. He …
Iran and Qatar increase cooperation
Iranian Foreign Minister Hossein Amir Abdollahian and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani held talks during which they exchanged views on bilateral ties and regional problems. In his speech Amir Abdollahian …
Iranian lawmakers lodge complaints against Rouhani
Deputy chair of the Iranian parliament’s Article 90 Committee Nasrollah Pejmanfar said they have lodged three complaints with the judiciary against former President Hassan Rouhani. According to Pejmanfar, the move addresses …
Russian-Iranian trade turnover grew 1.4 times
The trade turnover between Russia and Iran in the first six months of this year increased by 39.9% compared to the same period last year, the trade mission of the Russian Federation in Iran informs, citing data from the Federal Customs …
Rouhani to share presidential experiences with next administration
Outgoing Iranian president Hassan Rouhani said his administration is offering a general outlook of the country’s economy to its successor and will share experiences with the next administration’s officials. Speaking at the …
Iran's economy against the background of sanctions
Iran’s New Budget Is Tight, But Not Tight Enough
