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Economy News

Official puts Iran’s six-month trade surplus in Aras Free Zone at $210m

Tabriz, Nov 27, IRNA – Iran has registered a $210 million trade surplus in Aras Free Zone, in northwestern country, in the first half of the Iranian calendar year (started on March 20), according to an official with Aras Free Zone Organization.
Iran’s oil production from shared fields with Iraq grows by 460% in seven years

Tehran, Nov 27, IRNA – Iran is producing more than 400,000 b/d of oil from West Karoon fields, shared with Iraq, which shows a 460 percent growth compared to figures from seven years ago.
FM spox upbeat with inauguration of Khaf-Herat railway

Kabul, Nov 26, IRNA - Spokesman for the Iranian Foreign Ministry says that completion and inauguration of Khaf-Herat railroad project is an important success for both Iran and Afghanistan.
President inaugurates national oil projects

Tehran, Nov 26, IRNA - President Hassan Rouhani on Thursday inaugurated national oil projects in three provinces with online speech.
Landmark Khaf-Herat railway to strengthen Iran position in regional transit

Tehran, Nov 26, IRNA - Railroad project linking Khaf in northeastern Iranian province of Razavi Khorasan to Herat in neighboring Afghanistan strengthens Iran's position in the regional transit, an official announced on Thursday.
Maturity of Iran's oil industry amid sanctions

Tehran, Nov 26, IRNA -- Three oil and petrochemical projects will be inaugurated by Iran's President Hassan Rouhani via videoconference today, at a time when Iran has been facing the most severe oil sanctions in the last 3 years, but this economic war against the Iranian nation could not stop the development of oil the country.
Tehran-Najaf flights resumed

Tehran, Nov 26, IRNA – Qeshem Airline flights for Tehran-Najaf, Mashad-Najaf and Najaf-Mashad routes were resumed and they are scheduled for Mondays and Thursdays of course by observing health protocols.
Minister: Khaf-Herat railway to be inaugurated within weeks

Tehran, Nov 25, IRNA – Iran’s Minister of Roads and Urban Development Mhammad Eslami said on Wednesday that Khaf-Herat railway project, joining Iran and Afghanistan, will be inaugurated within the next few weeks.
Tehran province exports 1b euro worth of goods in six months

Tehran, Nov 25, IRNA - Iran's Tehran province has exported one billion euro's worth of different types of commodities during the first six months of the Iranian calendar year (started March 20, 2020).
Iran, Qatar sign MoU for trade, economic cooperation

The seventh meeting of the Iran-Qatar Joint Economic Commission concluded in Isfahan on Tuesday with the signing of a Memorandum of Understanding (MoU) to reinforce trade relations. Isfahan, Iran. November 25, 2020. IRNA/Zahra Baghban.