Category: 4. Business

TEHRAN- Recently, China’s economy data for the first quarter was released, and a number of specific economic indicators continued to recover and improve, which embarked a good start for the whole year’s economy and injected valuable…

TEHRAN – Iran plans to increase its crude oil production by 400,000 barrels per day (bpd) within the next eight months, according to the head of the National Iranian Oil Company (NIOC).

Hamid Bovard, head of NIOC, told state media that ramping up…

Tehran and Moscow have agreed on the construction of a new nuclear power plant in Iran with a credit line allocated by Russia, Iranian Oil Minister Mohsen Paknejad says, as the two countries consolidate their cooperation…

TEHRAN – Iran’s ambassador to Russia said Tehran and Moscow are determined to deepen bilateral ties across several sectors, including the International North–South Transit Corridor (INSTC), transit projects, and gas transfers. He stressed the…

Speaking to reporters on the sidelines of a meeting between Iran’s oil minister and deputy prime minister of Russia, held in Moscow on Thursday, Hassan Abbaszadeh said the close cooperation between Iran and Russia has resulted in a remarkable…

Iran ramped up its steel output in March to become the world’s seventh largest producer, according to figures released by the World Steel Association (worldseeel).

Worldsteel figures cited in a Wednesday report by…

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