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Economy News

Iran unveils anti-sanctions plan - Tehran Times

Iran unveils anti-sanctions plan - Tehran TimesTEHRAN - Mohammad Baqer Nobakht, head of Budget and Planning Organization, unveiled the first section of a comprehensive plan aimed to tackle U. S. led sanctions against Iran, ISNA reported....
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Russia ready to invest $50b in Iran’s oil, gas projects

Russia ready to invest $50b in Iran’s oil, gas projectsTEHRAN- Ali Akbar Velayati, an international adviser to the Leader of the Islamic Revolution, said that Russian President Vladimir Putin has announced his country’s readi...
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Daily gasoline imports 3.3m liters less than projected

Daily gasoline imports 3.3m liters less than projectedTEHRAN- Iran imported 5. 7 million liters per day of gasoline during the three-month period from the beginning of current Iranian calendar year (March 21), which was 3. 3...
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Iran’s crude steel production grows 22% annually

Iran’s crude steel production grows 22% annuallyTEHRAN- Iran’s annual crude steel production increased 22 percent in 2017, while the world’s production improved by six percent in the said time, Iranian Industry Ministe...
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NIGC supplies power plants with 285mcm of gas per day

NIGC supplies power plants with 285mcm of gas per dayTEHRAN- National Iranian Gas Company (NIGC) has been supplying the power plants in the country with 285 million cubic meters (mcm) of gas per day since the beginning of s...
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Italian, Chinese firms to build solar farms in Iran

Italian, Chinese firms to build solar farms in IranTEHRAN – Italy’s Denikon and Chinese Sinosteel Corporation signed a memorandum of understanding in Iran’s central province of Yazd on Sunday for cooperation in various so...
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Private sector makes $355m of investment in gas projects

Private sector makes $355m of investment in gas projectsTEHRAN- Iranian private sectors made 15 trillion rials (about $355. 4 million) of investment in gas projects during the past Iranian calendar year (ended on March 20, 201...
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Iran to continue oil exports despite U.S. disruptive measures: Zanganeh

Iran to continue oil exports despite U.S. disruptive measures: ZanganehTEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the country’s oil production and exports have not changed significantly despite U. forts for disrupting Iran’s ma...
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Tehran, Moscow sign insurance MOU

Tehran, Moscow sign insurance MOUTEHRAN- In a meeting between Head of the Central Insurance of Iran Abdolnasser Hemmati and Russian National Reinsurance Chief Nikolay Galushin the two sides inked an insu...
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Petrochemicals account for 26% of Iran’s non-oil exports

Petrochemicals account for 26% of Iran’s non-oil exportsTEHRAN – Petrochemical products account for 26 percent of Iran’s current non-oil exports, IRNA reported on Wednesday quoting an industry official....
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Over $163m spent on constructing industrial parks

Over $163m spent on constructing industrial parksTEHRAN – Iran expended 7 trillion rials (about $163. 3 million) for 19 under-construction industrial parks across the country in the last Iranian calendar year (ended on ...
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

Travel tips

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.
  • What’s the best time to travel to Iran?
  • Iranian don’t hate Americans
  • Iran is a great place for backpacking

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