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November 28, 2025
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Iran's economy
Iran, Iraq to cement banking, foreign exchange cooperation
Tuesday, 21 July 2020 14:10
Tehran (IP) - Iran’s Director-General of Central Bank of Iran for international affairs who had paid a visit to Iraq on Sunday stated that the banking and foreign exchange cooperation would be expanded between Iran and Iraq.
Gov't policy is to back exports to boost domestic production: Rouhani
Monday, 20 July 2020 21:40
Tehran (IP)- Referring to the need to develop relations and strengthen border and trade exchanges with neighbors, Iranian President stressed the government's support for exporters, stating that the diversity of exports of non-oil goods reduces the vulnerability of the country's economy.
Petropars invests $23 billion in South Pars oilfield projects
Monday, 20 July 2020 14:26
Tehran (IP) - Managing-Director of Petropars company said that this company participated in the accomplishment of the phases 1,4,5,6,7,8,12 and 19 of the South Pars joint oilfield with the investment of $23 billion.
Iran's NIOC, Petropars sign contracts to increase oil production
Monday, 20 July 2020 13:04
Tehran (IP) - Two Iranian oil companies of National Iranian Oil Company (NIOC) and Petropars signed two contacts in a ceremony on Monday to develop South Azadegan oilfield, resulting in the increase of oil production.
$1 trillion revenue, possible in Iran's South Azadegan oilfield: Min.
Monday, 20 July 2020 11:33
Tehran (IP) - The Minister of Petroleum said that with a 10% increase in the recovery rate in the South Azadegan joint field, production from this field will increase by 2.7 billion barrels and revenues will exceed $1 trillion.
Parliament economic day; MPS form Surge in Production commission
Sunday, 19 July 2020 16:52
Tehran (IP) - Parliamentarians have had different economic plans on their agenda on Sunday by forming a new commission calling Surge in Production.
Solving economic problems, parliament’s priority: Speaker
Sunday, 19 July 2020 16:30
Tehran (IP) – In the open session of Iran's Parliament on Sunday, Parliament Speaker Mohammad Baqer Qalibaf stressed that solving the people’s economic problems as the parliament's priority.
Iran's Gov’t after solving problems by relying on domestic capabilities
Sunday, 19 July 2020 14:28
Tehran (IP) - Iran's President referred to the difficult conditions caused by the US’ economic war, sanctions and maximum pressure, as well as the inevitable restrictions caused by the spread of coronavirus in the country, saying that the Government is trying to solve the country's problems by relying on domestic capabilities.
Parliament pursues economic diplomacy: Senior MP
Saturday, 18 July 2020 13:27
Tehran (IP) - The Head of the Iranian Parliament's Economic Commission called economic diplomacy as one of the significant potentials and priorities that the Commission will pursue.
Saghand iron ore concentrate factory launched in Yazd, central Iran
Saturday, 18 July 2020 10:49
Yazd (IP) - In the year of 'Production Surge', Saghand iron ore concentrate plant in Yazd, central Iran, will be put into operation in late August during Government Week (late August 2020).
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