Category: 4. Business

TEHRAN – The head of Iran’s Center for Agricultural Mechanization and Industries, affiliated with the Ministry of Agriculture, announced an investment of 180 trillion rials (about $360 million) in agricultural industries and mechanization since… Continue Reading

Iran’s light crude oil will be priced $1.35 higher than the benchmark price (Oman/Dubai crude) for the Asian market. The NIOC’s International Affairs Directorate disclosed the prices for various types of Iranian crude oil for the first month… Continue Reading

The head of Iran’s Trade Promotion Organization (TPO), Mohammad-Ali Dehqan Dehnavi, announced an 18% growth in the country’s non-oil trade during the first nine months of the current Iranian calendar year, which began on March 20,… Continue Reading

TEHRAN- The value of Iran’s petrochemical export has increased 32 percent in the first nine months of the current Iranian calendar year (March 20 – December 21, 2024), as compared to the same period of time in the past year, the head of the… Continue Reading

TEHRAN- The head of the Association of Iranian Manufacturers and Suppliers of Renewable Energy Products and Services (known as SATKA) has said that if a five-kilowatt solar system is installed in each house and one million families are equipped… Continue Reading

TEHRAN – A memorandum of understanding (MOU) was signed between Iran’s Free Zones High Council and the High Council of Marine Industries to advance maritime economy initiatives. Reza Masrour, secretary of the Free Zones High Council,… Continue Reading

TEHRAN – The National Iranian Oil Company (NIOC) has announced its official crude oil prices for January 2025, IRNA reported. Iran light crude will be priced at $1.35 per barrel above the base price, defined by the average of Oman/Dubai crude… Continue Reading

TEHRAN – The Director-General of Economic Affairs at Iran’s Agriculture Ministry announced the allocation of 500 trillion rials (approximately $1.0 billion) in financial resources through special investment deposit certificates for profitable… Continue Reading

TEHRAN – Fatemeh Ghanbarpour, Vice President of the Transport, Transit, and Logistics Commission at the Iranian Chamber of Commerce, told ILNA about ongoing efforts to prevent the suspension of Iran’s Green Card membership. She… Continue Reading