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Economy News

Over €840m allocated to support domestic auto parts manufacturers

Over €840m allocated to support domestic auto parts manufacturersTEHRAN - The industry ministry has allocated €844 million to support the country’s auto parts manufacturers, director general of the industry ministry’s automotive and transportation industries office said....
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Sinopec still negotiating to develop Iran’s Yadavaran oilfield

Sinopec still negotiating to develop Iran’s Yadavaran oilfieldTEHRAN – Managing director of Iran’s Petroleum Engineering and Development Company (PEDEC) has said the company is still negotiating the second phase of Yadavaran oilfiel...
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Iran-Bulgaria business forum slated for late-August

Iran-Bulgaria business forum slated for late-AugustTEHRAN – An Iran-Bulgaria business forum is due to be held on August 24 in Tehran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) repo...
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Iran-Syria joint chamber of commerce to recruit members

Iran-Syria joint chamber of commerce to recruit membersTEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has published an announcement, inviting capable private companies to join Iran-Syria joint c...
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503 Backend fetch failed

503 Backend fetch failedTEHRAN - Presidential chief of staff Mahmoud Vaezi said on Wednesday that the government has allocated $1. 5 billion for job creation in the country’s rural areas, IRIB r...
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NISOC to offer 3 new contracts for developing oil reservoirs

NISOC to offer 3 new contracts for developing oil reservoirsTEHRAN – National Iranian South Oil Company (NISOC) has finalized three new development packages worth 39 trillion rials (about $928. million) for developing southern oil...
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Industry ministry to revive 2,000 idle production units

Industry ministry to revive 2,000 idle production unitsTEHRAN – Iranian Industry, Mining and Trade Ministry plans to revive 2,000 idle production units by the end of the current Iranian calendar year (March 20, 2020), IRIB re...
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Khani named new Iranian Privatization Organization head

Khani named new Iranian Privatization Organization headTEHRAN – Davoud Khani was appointed as the new managing director of Iranian Privatization Organization (IPO), IRIB reported on Wednesday....
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Khani named new Iranian Privatization Organization head

Khani named new Iranian Privatization Organization headTEHRAN – Davoud Khani was appointed as the new managing director of Iranian Privatization Organization (IPO), IRIB reported on Wednesday....
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TSE main index surpasses 261,000 points

TSE main index surpasses 261,000 pointsTEHRAN- Tehran Stock Exchange (TSE) main index (TEDPIX) gained 4,352 points on Wednesday to reach 261,441, IRIB reported....
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TSE main index surpasses 261,000 points

TSE main index surpasses 261,000 pointsTEHRAN- Tehran Stock Exchange (TSE) main index (TEDPIX) gained 4,352 points on Wednesday to reach 261,441, IRIB reported....
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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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