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Economy News

Daily gasoline consumption falls 50m liters in Norouz holidays

Daily gasoline consumption falls 50m liters in Norouz holidaysTEHRAN – Average daily gasoline consumption in Iran fell to 44 million liters during the Iranian New Year (Norouz) holidays (March 20-April 3) following the travel restrictions applied amid the COVD-19 outbreak, IRIB reported....
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South Pars gas output ‘more than projected’

South Pars gas output ‘more than projected’TEHRAN – All of the platforms of Iran’s South Pars gas field are operating in full swing so that their total output has exceeded the figure projected by the Oil Ministry’...
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ISIPO revives 1,185 idle production units in a year

ISIPO revives 1,185 idle production units in a yearTEHRAN – Iran Small Industries and Industrial Parks Organization (ISIPO) managed to revive 1,185 idle production units across the country during the past Iranian calendar...
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ISIPO revives 1,185 idle production units in a year

ISIPO revives 1,185 idle production units in a yearTEHRAN – Iran Small Industries and Industrial Parks Organization (ISIPO) managed to revive 1,185 idle production units across the country during the past Iranian calendar...
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‘Iran’s gas production stable despite sanctions’

‘Iran’s gas production stable despite sanctions’TEHRAN- Iran has managed to have a stable gas production status despite the sanctions on the country’s energy sector, the managing director of National Iranian Gas Compan...
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‘Iran’s gas production stable despite sanctions’

‘Iran’s gas production stable despite sanctions’TEHRAN- Iran has managed to have a stable gas production status despite the sanctions on the country’s energy sector, the managing director of National Iranian Gas Compan...
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Finance Ministry outlines plans to materialize ‘Surge in Production’

Finance Ministry outlines plans to materialize ‘Surge in Production’TEHRAN- Iranian Finance and Economic Affairs Ministry has outlined a roadmap to materialize the motto of the current Iranian calendar year (started on March 20) which is ...
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Indigenizing petchem catalysts: a big step toward total independence

Indigenizing petchem catalysts: a big step toward total independenceTEHRAN – As the second-biggest source of revenue for Iran, the petrochemical industry is one of the most important pillars of the country’s resilient economy and one of t...
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Indigenizing petchem catalysts: a big step toward total independence

Indigenizing petchem catalysts: a big step toward total independenceTEHRAN – As the second-biggest source of revenue for Iran, the petrochemical industry is one of the most important pillars of the country’s resilient economy and one of t...
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Number of real estate deals falls 70% in a month

Number of real estate deals falls 70% in a monthTEHRAN- The number of real estate deals in Iran has dropped 70 percent in the past Iranian calendar month of Esfand (ended on March 19) which is also the last month of th...
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Domestic production to save Iran over $3b in a year

Domestic production to save Iran over $3b in a yearTEHRAN- Domestic production of industrial and mining products is planned to save the country over $3 billion in the current Iranian calendar year (began on March 20), Ira...
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

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Things to Know Before Trip
One of the most important things to remember is that Iranians aren’t Arabs, they’re Persian. They speak Farsi (and other dialects), not Arabic, and some people might feel offended if you great them with Arabic words.
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