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2019-08-21 20:44
Over $554m of FDI approved for industry, mining, trade projects in 4 months
TEHRAN- Some $554.4 million of foreign direct investment (FDI) has been approved by the Ministry of Industry, Mining and Trade during the first four months of the current Iranian calendar year (March 21-July 22).
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2019-08-21 20:20
Over 60m tons of goods loaded, unloaded at Iran’s ports since March
TEHRAN- loading and unloading of goods at ports of Iran has exceeded 60 million tons since the beginning of current Iranian calendar year (March 21), the portal of the Roads and Urban Development Ministry reported quoting the minister as saying on Tuesday.
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2019-08-21 19:47
Rouhani issues directive on supporting oil and gas industry’s downstream sector
TEHRAN –President Hassan Rouhani has passed a directive on supporting oil industry’s downstream sector to the oil ministry, Shana reported on Wednesday.
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2019-08-20 21:16
‘Iran won’t wait for India on Farzad-B gas project’
TEHRAN – Iran is not going to wait for India on developing Farzad-B gas field and soon the project will know its operator, deputy head of the National Iranian Oil Company (NIOC) said, ISNA reported on Friday.
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2019-08-20 21:13
Iran to repair Afghanistan’s power plant turbines
TEHRAN - Iran is going to repair two turbines at Afghanistan’s power plants in the near future, head of Iran Power Plant Repairs Company, Einollah Salehi, said.
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2019-08-20 21:09
Tehran, Moscow in talks to set up Caspian Sea ferry line
TEHRAN - Tehran is in talks with Moscow over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan, RT reported.
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2019-08-20 21:05
Shalamcheh-Basra railway project to start soon: RAI head
TEHRAN - Managing Director of the Islamic Republic of Iran Railways (known as RAI) said Shalamcheh-Basra railway project will be commenced in the upcoming months, IRNA reported.
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2019-08-20 21:04
Iran, Turkmenistan to establish direct shipping route
TEHRAN – Iran and Turkmenistan have reached an agreement for establishing a direct shipping route between the two countries, ISNA reported on Monday, quoting the Iranian Transport and Urban Development Minister Mohammad Eslami as saying.
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2019-08-20 21:01
Iran to open business center in Ghana
TEHRAN - Iran is set to open a permanent exhibition of its products in Accra, the capital of Ghana in September, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
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2019-08-18 21:30
Iran-Syria joint chamber of commerce to recruit members
TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has published an announcement, inviting capable private companies to join Iran-Syria joint chamber of commerce’s founding board.
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2019-08-18 18:57
Development of upstream oil sector atop agenda: Zanganeh
TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh has said that the development of the upstream oil sector in collaboration with universities and research institutions is the ministry’s top priority in the current Iranian calendar year, 1398 (March 2019-March 2020).
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2019-08-18 18:24
630,000 tons of goods exported to Iraq via Mehran border
TEHRAN – Iran exported 630,000 tons of goods to neighboring Iraq through Mehran border in the first four months of the current Iranian calendar year (March 21-July 21), Mehr news agency reported, quoting a customs official as saying on Sunday.
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2019-08-17 21:12
Bangladesh private sector seeking enhanced co-op with Iran
TEHRAN – Bangladesh’s commercial attaché in Iran said his country’s private sector is seeking to boost cooperation with the Iranian counterpart, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
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2019-08-17 21:09
Iran, Afghanistan considering energy projects in border areas
TEHRAN – Iran and Afghanistan are considering realization of 16,000 megawatts potential of renewable energy projects in border areas, IRNA reported.
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2019-08-17 19:06
Russia eyes Iran’s Chabahar to transit goods
TEHRAN – Russia is seeking to use Iran’s Chabahar port in order to transit goods to other countries especially to the Indian subcontinent, Tasnim reported, quoting Sergei Milushkin, managing director of Astrakhan Special Economic Zone in Russia, as saying.
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2019-08-17 19:00
Iranian heavy crude oil price rises $1.77 per barrel in July: OPEC
TEHRAN- Iranian heavy oil price increased $1.77 in July, according to OPEC’s latest monthly report published on Friday.
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2019-08-16 17:42
21 new power plants to go operational by March 2020
TEHRAN – Iranian Energy Minister Reza Ardakanian said 21 new power plant projects worth 210 trillion rials ($5 billion) will go operational by the end of the current calendar year (March 20, 2020) to add 3000 megawatts (MW) to the country’s power generation capacity.
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2019-08-16 17:39
Iranian section of Khaf-Herat railroad to be built by March 2020
TEHRAN – Transport and Urban Development Deputy Minister Abbas Khatibi said construction of the Iranian section of the Khaf-Herat railway will be completed by the end of the current Iranian calendar year (March 20, 2020).
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2019-08-16 17:37
Iran, Russia, Azerbaijan to set up INSTC working group
TEHRAN – In a meeting on Thursday, transport ministries of Iran, Russia and Azerbaijan agreed to form a working group in order to activate the International North–South Transport Corridor (INSTC).
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2019-08-14 20:03
NIOC research directorate to conduct 25 major projects
TEHRAN – Head of the National Iranian Oil Company (NIOC) Research and Technology Directorate said his office is going to conduct 25 major research projects worth nearly 700 billion rials (about $16 million).
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2019-08-14 19:37
Non-oil exports up 45% in weight
TEHRAN - Head of the Trade Promotion Organization (TPO) of Iran has said the country’s non-oil exports rose by 45 percent in terms of weight during the first three months of the current Iranian calendar year (March 21-June 21) compared to the same period last year.
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2019-08-14 19:29
North Yaran oilfield to increase output
TEHRAN – Installing the second Electric Submersible Pump (ESP) in the well No.4 of the North Yaran oilfield is going to increase the field’s output by 1,000 barrels per day (bpd), Shana reported on Wednesday.
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2019-08-14 00:10
Iran’s H1 exports to Germany hit €110m
TEHRAN – Iran exported nearly €110 million (about $123 million) worth of commodities to Germany in the first six months of 2019, Reuters reported on Monday, citing data from Germany’s Federal Statistics Office.
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2019-08-13 20:15
Tehran, Ashgabat discuss expansion of trade ties
TEHRAN – Head of Iran Chamber of Commerce Industries, Mines and Agriculture (ICCIMA) held talks with Turkmenistan’s Minister of Trade and Foreign Economic Relations on Monday to discuss avenues of economic cooperation.
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2019-08-13 19:29
Nicaragua ready for barter trade with Iran
TEHRAN – Nicaragua’s Minister of Finance and Public Credit has voiced his country’s readiness for barter trade with Iran to mitigate the impact of the U.S. sanctions on the two countries’ trade.
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2019-08-13 19:19
U.S. after increasing oil price to $200: lawmaker
TEHRAN - An Iranian lawmaker believes that the United States is trying to sow the seeds of insecurity in the Persian Gulf region to increase oil price to around $200.
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2019-08-12 20:45
RCUWM governing board to gather in Tehran in early Dec.
TEHRAN – The 10th meeting of the UNESCO Regional Centre on Urban Water Management (RCUWM)’s governing board is slated to be held in Tehran on December 5, IRNA reported, quoting a water official.
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2019-08-12 18:01
Iran ready to expand economic co-op with Caspian Sea littoral states
TEHRAN – Iran is ready to expand economic cooperation with all neighboring countries, especially with the Caspian Sea littoral states, deputy industry minister Mohammad-Baqer Ali said in the first Caspian Economic Forum which was held in Turkmenistan’s Avaza on August 11-12.
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2019-08-12 17:59
Uzbekistan welcomes Iranian investment in its economy
TEHRAN – Uzbekistan’s Prime Minister Abdulla Nigmatovich Aripov said his country welcomes Iranian investors and private sector’s contribution to its economy, Tasnim news agency reported on Monday.
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2019-08-10 17:39
Paper, cardboard production up 4% in 4 months on year
TEHRAN- Production of paper and cardboard in Iran rose four percent during the first four months of the current Iranian calendar year (March 21-July 22) compared to the same period of time in the previous year, Tasnim news agency reported on Saturday, quoting Deputy Industry Minister Farshad Moqimi as saying.
