ICCIMA sends $2.7m Covid-19 aid package to Sistan-Baluchestan province

TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has sent 115 billion rials (about $2.7 million) worth of medicine and medical equipment to the southeastern Sistan-Baluchestan Province to help battle the coronavirus pandemic in the region.

WB sees Iranian economy continuing positive growth until 2024

TEHRAN - Iranian economy is projected to grow by 2.1 percent in the current fiscal year (March 2021-March 2022) as the domestic markets are getting back on track and the negative impacts of the coronavirus pandemic begin to wane, according to the World Bank’s Macro Poverty Outlook (MPO) report for spring 2021.

Iran’s frozen money in Seoul to pay off Korean exports: ambassador

TEHRAN – South Korea’s new Ambassador to Tehran Yun Kang-hyeon has said Iran’s frozen oil money in his country will be used to pay off Korean companies that had previously exported basic commodities to Iran.

Over 46m tons of goods loaded, unloaded at Iran’s ports in 4 months

TEHRAN- Some 46.18 million tons of commodities have been loaded and unloaded at Iranian ports during the first four months of the current Iranian calendar year (March 21– July 22), an official with the Ports and Maritime Organization (PMO) announced.

TEDPIX loses 8,400 points on Tuesday

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 8,401 points to 1.314 million on Tuesday.

Iran’s exports to India increases 240% in a quarter on year

TEHRAN – The value of Iran’s exports to India has risen 240 percent during the first quarter of the current Iranian calendar year (March 21-June 21), as compared to the same period of time in the past year, an official with Iran’s Trade Promotion Organization (TPO) announced.

Iranian company constructs sponge iron production plant for China

TEHRAN – Iran’s Mines and Metals Company (MME) has established China’s first gas-based sponge iron production unit using the Persian Direct Reduction (PERED) technology, the portal of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported.

Daily electricity demand in Iran tops 65,000 MW

TEHRAN - Daily electricity consumption in Iran is currently over 65,000 megawatts (65 gigawatts), nearly 11,000 MW more than the country’s current power generation, Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi has said.

TEDPIX gains 12,000 points on Monday

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 12,113 points to 1.323 million on Monday.

Iran to hold 5 exclusive exhibitions in Iraq by March 2022

TEHRAN - Director-General of Iranian Trade Promotion Organization (TPO)’s Office of Arabian and African Countries has said the country plans to hold at least five exclusive exhibitions in Iraq during the current Iranian calendar year (ends in late March 2022).

CBI puts Iran’s annual GDP growth at 3.5%

TEHRAN – The Governor of the Central Bank of Iran (CBI) Akbar Komeijani has put the growth of the country’s Gross Domestic Product (GDP) in the previous Iranian calendar year 1399(ended on March 20) at 3.5 percent, IRIB reported.

Plans are underway for managing Khuzestan water problems: Energy min.

TEHRAN – Iranian Energy Minister Reza Ardakanian has said good programs are underway for managing Khuzestan Province’s water problems, ISNA reported.

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Iran’s annual export to Azerbaijan rises 18%

TEHRAN- The value of Iran’s export to Azerbaijan rose 18 percent in the past Iranian calendar year (ended on March 20), the spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced.

Over $9.5b invested to develop gas supply in 8 years

TEHRAN- Over the past eight years (the current government’s incumbency) some 400 trillion rials (about $9.523 billion) has been invested for the development of gas supply in Iran, IRNA reported on Saturday.

Domestic manufacturing of each car saves Iran $400-$500 in a year

TEHRAN- The director-general of automotive department of Iran’s Industry, Mining and Trade Ministry announced that domestic manufacturing of each car saved the country $400-$500 in the past Iranian calendar year (ended on March 20).

Quarterly poultry meat supply increases 10.5%

TEHRAN- Statistical Center of Iran (SCI) announced a 10.5-percent increase in the supply of poultry meat in the country in the first quarter of the current Iranian calendar year (March 21-June 21), as compared to its previous quarter.

212,000 washing machines manufactured in 3 months

TEHRAN- Manufacturing of washing machines in Iran during the first quarter of the current Iranian calendar year (March 21-June 21) has risen 40 percent from that of the same period of time in the previous year, IRNA reported citing the data released by the Ministry of Industry, Mining and Trade.