Monthly inflation rate down, economic growth to improve next year

Tehran (KNA) - The government managed to curb the inflation rate in the past months and according to predictions economic growth will improve in the next Iranian calendar year," Head of Plan and Budget Organization Mohammad-Bagher Nobakht said on Wednesday.

7/3/2019 8:23:00 PM

North Khorasan three-month exports up by 51% y/y

Tehran (KNA) - Some 29,727 tons of non-oil commodities worth over $7.996 million were exported from the northeastern Iranian province of North Khorasan in the first three months of the current fiscal (March 21- June 21), a senior official said.

7/2/2019 3:46:00 PM

Russia, Iran have potential to increase bilateral trade

Tehran (KNA) - Russian-Iranian trade exceeded $1.7 billion in 2018, but the two countries have the potential to increase this indicator, Russian Minister for North Caucasus Affairs Sergei Chebotarev said on Sunday.

6/16/2019 4:14:00 PM

US Treasury hits Iran’s petrochemical industry with sanctions

Tehran (KNA) - The administration of US President Donald Trump has announced new sanctions on Iran, targeting the country’s petrochemical industry, including its largest petrochemical holding group, called Persian Gulf Petrochemical Industries Company (PGPIC).

6/7/2019 9:53:00 PM

NIDC drills 17 oil wells in 60 days

Tehran (KNA) - The National Iranian Drilling Company (NIDC) spudded 17 oil and gas wells in the first two months of the current calendar year, which began on March 21.

5/27/2019 8:04:00 PM

Annual exports from PGSEZ at $1.6bn

Tehran (KNA) - Exports from Bandar Abbas port’s Persian Gulf Special Economic Zone (PGSEZ) stood at $1.6 billion in the last Iranian calendar year (ended on March 20, 2019), the CEO of the special economic zone said on Sunday.

5/26/2019 4:09:00 PM

PGPIC to launch 7 projects by 2021

Tehran (KNA) - The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was planning to launch 7 petrochemical project by 2021.

5/6/2019 9:16:00 AM

Iran’s non-oil exports to Pakistan hits record high

Tehran (KNA) - Iran’s export value of non-oil products to Pakistan in the last Iranian calendar year (ended March 20, 2019) hit $1.247 billion, showing a considerable 36 percent hike as compared to the same period the year before.

5/2/2019 8:23:00 PM