Category: 4. Business

TEHRAN – The National Iranian Drilling Company (NIDC) has completed the drilling and development of 20 onshore oil and gas wells during the first two months of the current Iranian year (March 20 – May 21), according to Shana.

Hamidreza…

TEHRAN – Iran’s exports to Oman increased in the previous Iranian year 1403 (March 2024–March 2025), while imports from the Arab country declined, boosting Tehran’s trade surplus with Muscat, according to data from Iran’s Customs…

The countries of the Shanghai Cooperation Organization (SCO) have developed a roadmap on settlements in national currencies, Deputy Secretary-General of the organization Sohail Khan told TASS.

“Yes, we already have a common roadmap in this area….

Farzaneh Sadegh made the remarks on Sunday during a meeting between two Iranian and Iraqi trade-transport delegations, held in the presence of Iraqi minister of transport, and called for the formation of a trilateral meeting between Iran, Iraq…

TEHRAN – Production of iron ore pellet in Iran stood at 6.248 million tons in the first month of the current Iranian calendar year, Farvardin (March 21-April21), down 1.4 percent from the figure in the first month of the past year, which was…

TEHRAN – Algeria’s strategic position as a gateway to both Europe and Central Africa makes it an ideal platform for expanding Iran’s trade ties, said Saeed Zare’ Haghighi, head of Iran’s Trade Office in Algeria.

Speaking at a conference on…