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Economy

NIDC completes digging operation of 73 oil, gas wells in 5 months

NIDC completes digging operation of 73 oil, gas wells in 5 monthsTEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 73 oil and gas wells during the first five months of current Iranian calendar year (March 21-August 22), according to an official with the NIDC....
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8GW of new power capacity needed to avoid outages: energy minister

8GW of new power capacity needed to avoid outages: energy ministerTEHRAN – Iran is going to need 8000 megawatts (MW) of new electricity capacity to prevent outages in the next summer, Tasnim news agency reported on Saturday quoting the ...
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Iran’s exports to U.S. grows 37.8% in 5 months

Iran’s exports to U.S. grows 37.8% in 5 monthsTEHRAN- During the first five months of the present Iranian calendar year (March 21-August 22, 2018), Iran’s exports to the U. reached $45. 11 million, increasing by 37. ...
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Exports from mining sector up 15%

Exports from mining sector up 15%TEHRAN - Iran’s exports of minerals rose 15 percent in the first five months of the current Iranian calendar year (March 21-August 21) compared to the same period last ye...
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Sahraie appointed new director of TSE

Sahraie appointed new director of TSETEHRAN- Board of directors at Tehran Stock Exchange appointed Ali Sahraie as the new director of TSE....
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GDP growth at 1.8% in spring

GDP growth at 1.8% in springTEHRAN- Iran's growth of gross domestic product (GDP) stood at 1. 8 percent in the first three months of the current Iranian calendar year 1397 (March 21-June 21), corres...
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Capital market unfazed by economic problems

Capital market unfazed by economic problemsTEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 3,058. 2 points or 1. 97% on Saturday to end trading at 158,119. 2. About 4. 16 billion shares valued at ...
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Medical herbs to fetch Iran $1.5b annually: official

Medical herbs to fetch Iran $1.5b annually: officialTEHRAN – Iran is expected to export $1. billion worth of medical herbs each year by March 2021, ISNA reported quoting an official with the Ministry of Agriculture....
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Medical herbs to fetch Iran $1.5b annually: official

Medical herbs to fetch Iran $1.5b annually: officialTEHRAN – Iran is expected to export $1. billion worth of medical herbs each year by March 2021, ISNA reported quoting an official with the Ministry of Agriculture....
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$1b allocated for creating, preserving jobs

$1b allocated for creating, preserving jobsTEHRAN- The Iranian government has prepared a protective plan worth one billion dollars aiming to create jobs, support the domestic production and preserve the existing j...
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Supertankers loaded with Iranian crude headed for China: data

Supertankers loaded with Iranian crude headed for China: dataTEHRAN - Two supertankers loaded with crude oil left Iran’s biggest export terminal for China on Wednesday, Bloomberg reported citing ship-tracking data....
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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.
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