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Economy News

Iran, Lebanon discussing preferential trade agreement

Iran, Lebanon discussing preferential trade agreementTEHRAN - Director-General of Iranian Trade Promotion Organization (TPO)’s Office of Arabian and African Countries has said Iran and Lebanon are discussing a preferential trade agreement between the two countries....
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Industry Ministry defines 36 programs to support strategic industries

Industry Ministry defines 36 programs to support strategic industriesTEHRAN - Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki said his ministry has defined 36 new programs for improving the productivity of the country’s ma...
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Nearly $620m paid for agricultural mechanization since late-Mar.

Nearly $620m paid for agricultural mechanization since late-Mar.TEHRAN - The head of Iran’s Agricultural Mechanization Development Center said the government has paid 26 trillion rials (about $619. 4 million) of the allocated budget f...
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PGSEZ infrastructure ready for attracting investment

PGSEZ infrastructure ready for attracting investmentTEHRAN – Managing Director of Iran’s Persian Gulf Mining and Metal Industries Special Economic Zone (PGSEZ) has said the necessary infrastructure including water, electri...
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Export from South Khorasan province rises 40%

Export from South Khorasan province rises 40%TEHRAN- The value of export from South Khorasan province, in the east of Iran, rose 40 percent during the first five months of the current Iranian calendar year (March 21...
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Export from South Khorasan province rises 40%

Export from South Khorasan province rises 40%TEHRAN- The value of export from South Khorasan province, in the east of Iran, rose 40 percent during the first five months of the current Iranian calendar year (March 21...
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1st train of SP phase 14 refinery to go operational this winter

1st train of SP phase 14 refinery to go operational this winterTEHRAN - The first train of the Phase 14 Refinery of Iran’s South Pars complex is going to go operational this winter (starts on December 22), Oil Minister Javad Oji anno...
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2500MW of new power plants to come on stream by May 2022

2500MW of new power plants to come on stream by May 2022TEHRAN – Some 2,500 megawatts (MW) capacity of new power plants are planned to join Iran’s electricity network by the next summer’s peak consumption period (Iranian calen...
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Over 4m tons of basic goods stored at Iranian ports

Over 4m tons of basic goods stored at Iranian portsTEHRAN – Head of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad says over four million tons of basic goods are already stored at the country’s ports, the PM...
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Over 4m tons of basic goods stored at Iranian ports

Over 4m tons of basic goods stored at Iranian portsTEHRAN – Head of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad says over four million tons of basic goods are already stored at the country’s ports, the PM...
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Former CBI governors stress bank’s authority in economic decisions

Former CBI governors stress bank’s authority in economic decisionsTEHRAN – The former governors of the Central Bank of Iran (CBI) have said the president should not intervene in the country’s specialized economic decisions which are mai...
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Photography

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.
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  • Iranian don’t hate Americans
  • Iran is a great place for backpacking

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