Dehqan Dehnavi appointed as new head of SEO

TEHRAN- Mohammad-Ali Dehqan Dehnavi was appointed as the new head of Iran’s Securities and Exchange Organization (SEO), IRNA reported.

Tehran, Muscat stress expansion of economic, banking ties

TEHRAN- During a meeting between the Governor of the Central Bank of Iran (CBI) and Oman’s Foreign Affairs Minister Sayyid Badr bin Hamad, in Muscat on Tuesday, the two sides emphasized the necessity of expanding bilateral economic and banking relations.

IPEC 2021 underway in Tehran

TEHRAN - The 6th Iranian Petroleum and Energy Club Congress and Exhibition (IPEC 2021) kicked off in Tehran on Tuesday, at Industrial Management Institute Conference Center, Shana reported.

Monthly loading, unloading of goods fall 18% at Iranian ports

TEHRAN- The loading and unloading of commodities have been dropped 18.8 percent at the ports of Iran during the ninth Iranian calendar month Azar (November 21-December 20, 2020), as compared with the same month in the past year.

Electricity, water projects worth over $163m put into operation

TEHRAN – Some 23 water and electricity projects worth 6.86 trillion rials (about $163.33 million) were put into operation in four provinces through video conference.

Trade co-op discussed between Iran, Armenia

TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie met with Armenian Economy Minister Vahan Kerobyan on Monday to discuss ways of removing barriers to the expansion of economic cooperation.

NISOC inks research agreements with RIPI, Sharif University

TEHRAN - National Iranian South Oil Company (NISOC) has signed agreements with the Sharif University of Technology and Research Institute of Petroleum Industry (RIPI) for developing scientific and technological cooperation.

Intercity passenger car fleet to be renovated

TEHRAN – Iran’s Transport and Urban Development Ministry, in collaboration with domestic firm Supplying Automotive Parts Company (SAPCO) has started a program for renovating the country's intercity passenger car fleet.

ICCIMA hosts private sector’s meeting with Majlis speaker

TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)’s board members gathered on Sunday in a meeting with parliament (Majlis) Speaker Mohammad-Baqer Qalibaf, to discuss the issues and problems that the private sector is currently facing.

Inflation rate increases 8.1% in rural regions

TEHRAN- The Statistical Center of Iran (SCI) has announced that the inflation rate has risen 8.1 percent in the country’s rural areas in the tenth Iranian calendar month of Dey (December 21, 2020-January 19, 2021).

4m tons of basic commodities imported in 10 months

TEHRAN- Iran has imported four million tons of basic goods during the first ten months of the current Iranian calendar year (March 20, 2020-January 19, 2021), according to the deputy managing director of Government Trading Corporation of Iran (GTC).

Iran begins boosting oil output to reach pre-sanction level

TEHRAN – Iran’s Deputy Oil Minister Amir Hossein Zamaninia said on Friday the country has started boosting its oil production and will be able to reach pre-sanction levels within two months.

‘Bid Boland Refinery leading in benefitting from domestic capabilities’

TEHRAN- The managing director of Persian Gulf Bid Boland Gas Refinery, in southwestern Khouzestan Province, said that Bid Boland project is leading in terms of benefiting from domestic capabilities.

ISOICO to build 1st Iranian-made jack-up drilling rig

TEHRAN - Iran Shipbuilding and Offshore Industries Complex (ISOICO) has signed a memorandum of understanding (MOU) with North Drilling Company (NDCO) for the construction of the country’s first locally-made jack-up offshore drilling rig.

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Domestic company inks $33m deal with PMO to build 5 vessels

TEHRAN – Iran’s Ports and Maritime Organization (PMO) has signed a deal worth 1.408 trillion rials (about $33.5 million) with a domestic company called SADRA Iran Marine Industrial Company (SIMIC), based on which SIMIC will build five small-scale vessels for PMO.

Iran, Armenia ink MOU on expansion of trade ties

TEHRAN – Iran, and Armenia signed a memorandum of understanding (MOU) on Saturday for the expansion of trade ties between the two countries.

Inflation rate rises 3.1% in urban areas

TEHRAN- The Statistical Center of Iran (SCI) has announced that the inflation rate has risen 3.1 percent in the country’s urban areas in the tenth Iranian calendar month of Dey (December 21, 2020-January 19, 2021).

Qanbari appointed as new head of IPO

TEHRAN- Hassan-Ali Qanbari was appointed as the new head of the Iranian Privatization Organization (IPO).

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TEDPIX gains 38,000 points on Saturday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 38,092 points on Saturday, which is the first day of the Iranian calendar week.

‘Iran is biggest gasoline producer, exporter in region’

TEHRAN – Managing director of National Iranian Oil Refining and Distribution Company (NIORDC) has said his company is currently the biggest producer and exporter of gasoline in West Asia, Shana reported.

NPC establishes office for developing knowledge-based businesses

TEHRAN – Head of Iran’s National Petrochemical Company (NPC) Behzad Mohammadi has announced the establishment of an office of development of knowledge-based businesses in the petrochemical industry.

IME monthly value of trades increases 7%

TEHRAN- Over 2,893 tons of commodities worth nearly $1.5 billion have been traded at Iran Mercantile Exchange (IME) during the tenth Iranian calendar month of Dey (December 21, 2020-January 19, 2021).