Category: 4. Business

TEHRAN – The National Iranian Oil Company (NIOC) said it will continue legal efforts through international and domestic channels to overturn a UK appeals court ruling that upheld the seizure of a London property belonging to the Oil Industry…

TEHRAN – Iran’s Oil Minister Mohsen Paknejad announced a significant increase in daily oil production—by over 120,000 barrels per day—and said that crude oil exports have set records in recent months despite severe sanctions.

He asserted…

TEHRAN – Iran’s steel production reached nearly 15 million tons in the first six months of the current Iranian year (March 21–September 22), marking a 3.2 percent year-on-year increase, according to the Iranian Steel Producers Association…

TEHRAN- The 17th Iran International Stone Exhibition was inaugurated on Tuesday in Nimvar City, Mahallat County, Markazi Province, in center of Iran, with the presence of South Korean Ambassador to Iran Kim Junpyo, as well as other ambassadors…

World Bank Revises Growth Outlook for Iran and the Middle East

TEHRAN (Iran News) In its latest report released on Tuesday, the Washington-based lender projected that gross domestic product (GDP) growth for the Middle East, North Africa,…

Warm Welcome for Mazandaran’s Role as Lead Province in Eurasian Trade Agreement

TEHRAN (Iran News) “Although foreign trade conditions may become more challenging, the private sector has proven it can find ways to overcome obstacles,”…

TEHRAN- The head of Iran-Oman Joint Chamber of Commerce said that a delegation of 50 Iranian businessmen and traders will be dispatched to the 7th edition of the Oman AgroFood Industries Exhibition.

Jamal Rezaqi Jahromi said: “The AgroFood Oman…

TEHRAN – The South Korean Ambassador to Iran Kim Junpyo has praised Markazi Province’s industrial capacity, saying it has become a highly attractive destination for investment with over 3,000 manufacturing units already established there.

He…

Iran’s steel production volume showed a 3.2 percent growth in the first half of the current Iranian calendar year (March 21 to Sep. 22, 2025), compared to the same period last year. 

Among steel chain’s products, rebar and iron ore…