$1 = Iranian Rials


RSS Economic News

  • Czech official calls for removal of Tehran-Prague banking problems April 24, 2018
    Tehran, April 24, IRNA – Vice Chairman of Czech Chamber of Commerce Borivoj Minar said that the entity has started implementing a scheme dubbed ‘Towards Iran’ since two years ago, stressing the need for the two countries to move toward solving their banking problems.
  • Iran IDRO, Russia to manufacture helicopter April 24, 2018
    Tehran, April 24, IRNA - The Industrial Development & Renovation Organization of Iran (IDRO) is supposed to start a project with Russia to manufacture helicopters.
  • CBI Chief: Single parity rate system not to influence imports April 24, 2018
    Tehran, April 24, IRNA – Governor of Central Bank of Iran Valiollah Seif says single parity rate system will not affect volume of imports of basic goods and raw materials and all can use foreign exchange so easily.
  • Spain ready to share tourism experience with Iran: Envoy April 24, 2018
    Abadan, April 24, IRNA - Spanish envoy to Tehran Eduardo López Busquets expressed readiness to share tourism experiences with Iran.
  • Iran, Turkmenistan to settle gas disputes April 24, 2018
    Tehran, April 24, IRNA – Managing Director of National Iranian Gas Company Hamid-Reza Araqi says by next month, Iranian and Turkmen experts will investigate Iran-Turkmenistan differences on their dispute and they are hoped to reach agreement on the issue so that the case is not referred to the court.

RSS Energy News

  • Iran Revenues from Azar Oilfield at $600 Million April 24, 2018
    TEHRAN (Shana) -- Iran has so far generated 600 million dollars of revenues from producing crude oil from Azar joint oilfield.
  • Stronger role of Petchem Industry in Economy Envisaged April 24, 2018
    TEHRAN (Shana) -- Plans and objectives have been devised to bolster the share of petrochemical industry in Iran’s economy in the new Iranian calendar year, an official says.
  • Iran, China ink Major Petchem Deal April 24, 2018
    TEHRAN (Shana) -- Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU) for construction of a petrochemical park in Iran by Chinese companies.
  • Iran eyes 60mcm/d Gas Exports by March 2019 April 24, 2018
    TEHRAN (Shana) -- A senior Iranian gas official said the country’s natural gas exports will cross 60 million cubic meter per day by the end of the current Iranian calendar to March 20 2019.
  • High Oil Prices, no OPEC Plot: Iran April 23, 2018
    TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh has dismissed US President Donald Trump's recent-OPEC remarks, saying current oil prices have nothing to do with the oil producer group.