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Economy News

India stresses fulfilling commitments for developing Chabahar

India stresses fulfilling commitments for developing ChabaharTEHRAN - Indian Minister of Ports, Shipping and Waterways Mansukh Mandaviya has emphasized his country’s determination for fulfilling its commitments for the development of Iran’s southeastern Chabahar Port, IRNA reported....
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Annual policy package for return of export revenues ratified

Annual policy package for return of export revenues ratifiedTEHRAN – Iran’s Supreme Council for Economic Coordination has ratified a package of provisions to clarify the regulations and procedures regarding the re-injection of non...
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Over 3,600 industrial projects with over 80% progress underway in Iran

Over 3,600 industrial projects with over 80% progress underway in IranTEHRAN - There are 3,639 semi-finished industrial projects with over 80 percent physical progress across Iran, Director General of Planning and Financing Office of the Mi...
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Iran capable of boosting electricity exchange with neighbors to 10GW

Iran capable of boosting electricity exchange with neighbors to 10GWTEHRAN – Iranian Energy Minister Reza Ardakanian has said the country is capable of boosting its electricity exchange with the neighboring countries to 10,000 megawatts (...
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Iranian heavy crude oil price rises 6% in March: OPEC

Iranian heavy crude oil price rises 6% in March: OPECTEHRAN- Iranian heavy oil price increased $3. 64 in March to register a six-percent rise compared to the previous month, according to OPEC’s latest monthly report publish...
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Over 7m tons of goods transited through Iran in a year

Over 7m tons of goods transited through Iran in a yearTEHRAN – Some 7. 32 million tons of commodities were transited through Iran in the previous Iranian calendar year (ended on March 20) despite the restrictions created by ...
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Over 7m tons of goods transited through Iran in a year

Over 7m tons of goods transited through Iran in a yearTEHRAN – Some 7. 32 million tons of commodities were transited through Iran in the previous Iranian calendar year (ended on March 20) despite the restrictions created by ...
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Gas supply noticeably successful during winter

Gas supply noticeably successful during winterTEHRAN- Despite the unprecedented increase in natural gas consumption in the country, the gas industry was able to register a record high in terms of gas supplying during...
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Efficiency of Iran’s thermal power plants reaches new record high

Efficiency of Iran’s thermal power plants reaches new record highTEHRAN - The efficiency of Iran’s thermal power plants has reached a new record high of 39 percent for the first time in the history of Iran’s electricity industry, IRIB ...
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Efficiency of Iran’s thermal power plants reaches new record high

Efficiency of Iran’s thermal power plants reaches new record highTEHRAN - The efficiency of Iran’s thermal power plants has reached a new record high of 39 percent for the first time in the history of Iran’s electricity industry, IRIB ...
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‘PMO to fully support entities active in maritime sectors’

‘PMO to fully support entities active in maritime sectors’TEHRAN – Head of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad has said his organization plans to take all the necessary measures for supporting the compan...
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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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