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2023-12-06 13:32
Iran’s export to EAEU members rises 20% in 8 months
TEHRAN – The value of Iran’s exports to the members of the Eurasian Economic Union (EAEU) increased by 20 percent in the first eight months of the current Iranian calendar year (March 21-November 21) as compared to the same period last year, the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade said.
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2023-12-05 14:01
Iran offers €20b of investment packages in free trade, special economic zones
TEHRAN – The secretary of Iran’s Free Zones High Council has said that 1,000 investment packages worth nine quadrillion rials (about €20 billion) have been prepared to be offered to investors in the country’s free and special economic zones.
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2023-12-05 13:53
Intl. exhibition of advertising, branding running in Tehran
TEHRAN – The 19th International Exhibition of Advertising, Branding, Marketing, Export Chain and Related Industries was opened at the Tehran Permanent International Fairgrounds on Monday, IRIB reported.
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2023-12-05 10:55
Transit of goods via Iran’s roads rises 32% in 8 months on year
TEHRAN- Transit of commodities through the roads of Iran increased by 32.1 percent during the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same period of time in the past year, the deputy transport minister announced.
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2023-12-04 14:09
Tehran hosting 2nd EAEU exclusive exhibition
TEHRAN - The second exclusive exhibition of the Eurasian Economic Union (EAEU), which is a platform to showcase the capabilities of the EAEU members and their Iranian counterparts, was officially opened at Tehran Permanent International Fairgrounds on Monday, IRNA reported.
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2023-12-04 14:00
Iran, Cuba agree to expand agricultural co-op
TEHRAN - Iranian Agriculture Minister Mohammad-Ali Nikbakht and his Cuban counterpart Ydael Jesus Pérez Brito met in Tehran on Sunday evening to discuss ways of expanding agricultural cooperation between the two countries, the portal of Iran’s Agriculture Ministry reported.
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2023-12-04 13:59
Iran-Kazakhstan Joint Economic Committee meeting held in Tehran
TEHRAN – During the 19th Iran-Kazakhstan Joint Economic Committee meeting which was held in Tehran on Sunday, the two sides stressed the need to increase annual trade exchanges to three billion dollars, IRIB reported.
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2023-12-03 13:41
Iran ranks 25th among world’s top commercial shipping fleet owners: CIA
TEHRAN - The United States Central Intelligence Agency (CIA), in its latest report on the state of the world’s commercial fleets, has ranked Iran 25th among the countries with the largest shipping fleets, higher than the United States, Germany and France.
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2023-12-03 13:40
Iran-Turkey trade reach $4.4b in 10 months
TEHRAN - The trade exchanges between Iran and Turkey in the first 10 months of 2023 reached $4.4 billion, showing a 16 percent decline compared to the same period of last year.
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2023-12-03 12:35
Monthly transit of goods via Iran increases 6.8% on year
TEHRAN- Transit of commodities through Iran increased by 6.84 percent during the eighth Iranian calendar month Aban (October 23-November 21), as compared to the same month in the past year, the deputy transport minister announced.
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2023-12-02 13:58
Iran-Russia 9-month trade up 30%
TEHRAN - The vice president of VTB Bank, which is the second largest bank in the Russian Federation and possesses a branch in Tehran, has declared that trade exchanges between the two countries increased by 30 percent in the first nine months of the current year.
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2023-12-02 13:53
Iran, Turkey target 1m tons of rail freight transport in 2024
TEHRAN – Iran and Turkey have agreed to increase rail freight transportation between the two countries to one million tons in 2024, Head of the Islamic Republic of Iran Railways Miad Salehi said.
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2023-12-02 13:00
Loading, unloading of goods in ports up 7% in 8 months on year
TEHRAN – The loading and unloading of goods in the ports of Iran increased by seven percent in the first eight months of the present Iranian calendar year (March 21-November 21), as compared to the same period in the past year, the country’s Ports and Maritime Organization (PMO) announced.
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2023-12-01 14:42
Car manufacturing rises 20% in 8 months yr/yr
TEHRAN- Car manufacturing in Iran rose 20 percent in the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same eight months in the previous year.
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2023-12-01 14:19
Iran elected as OPEC conference alternate president in 2024
TEHRAN - Gabon and Iran have been elected as president and alternate president of the Conference of Ministers of the Organization of Petroleum Exporting Countries (OPEC) for 2024, respectively, Shana reported.
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2023-12-01 14:06
Iran exports non-oil goods worth $434m to Africa in 7 months
TEHRAN- Iran exported 1.205 million tons of non-oil commodities valued at $434 million to Africa during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran's House of Industry, Mining and Trade announced.
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2023-11-29 15:16
Iran, Syria discuss expansion of monetary, banking relations
TEHRAN- During a meeting between the governor of the Central Bank of Iran (CBI) and the Syrian prime minister in Damascus, the two sides explored the ways to expand monetary and banking relations between the two countries.
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2023-11-29 14:32
All-electric bus mass production line inaugurated in Iran
TEHRA- The mass production line of all-electric buses in Iran was inaugurated on Tuesday, with the presence of Industry, Mining and Trade Minister Abbas Ali-Abadi, his deputies, and some MPS.
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2023-11-29 14:13
Transit of goods via Iran up over 28% in 8 months on year
TEHRAN- Transit of commodities through Iran increased by 28.2 percent during the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same period of time in the past year, the deputy transport minister announced.
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2023-11-28 15:30
By Mahnaz Abdi
Justice Shares to be allocated to more 5m-6m people: SEO head
TEHRAN- The head of Iran’s Securities and Exchange Organization (SEO) announced that “Justice Shares” will be allocated to more five million-six million people by the end of the current Iranian calendar year (March 20, 2024).
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2023-11-28 13:57
RMTO allocates $40m to renovating road construction machinery
TEHRAN - Head of Iran Road Maintenance and Transportation Organization (RMTO) Dariyoush Amani said his organization has allocated 20 trillion rials (about $40 million) to renovate 1,000 road construction and maintenance machines, IRNA reported on Tuesday.
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2023-11-28 13:46
Iran’s GDP growth stands at 7.1% in Q2: SCI
TEHRAN- Iran's gross domestic product (GDP) including oil grew 7.1 percent in the second quarter of the current Iranian calendar year (June 22-September 22), compared to the second quarter of last year, according to the Statistical Centre of Iran (SCI).
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2023-11-27 13:49
Gas storage in Iran breaks 10-year record high
TEHRAN – Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr said three billion cubic meters (bcm) of natural gas have been stored in the country’s storage facilities during the first eight months of the current Iranian calendar year (March 21-November 22) which is a new 10-year record high.
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2023-11-27 13:43
Iran becomes a member of AHAC board of directors
TEHRAN – Iran has become a member of the board of directors at the Association of Halal Certifiers (AHAC), IRNA reported.
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2023-11-27 13:41
By Ebrahim Fallahi
Iran’s Maku Free Zone, a connecting link between Asia, Europe
TEHRAN – As Iran’s largest free zone, Maku stands at the juncture between Asia and Europe and has great potential to become a hub for exporting agricultural and foodstuff products from east to west.
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2023-11-26 14:41
Iran’s crude steel output exceeds 25m tons in 10 months: WSA
TEHRAN - Production of crude steel in Iran reached 25.1 million tons in the first 10 months of 2023, registering a 0.1 percent decline as compared to the same period of time in the past year, according to the latest report released by the World Steel Association (WSA).
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2023-11-26 14:41
IPRC achieves knowledge for domestic manufacturing of over 6,000 power plant parts
TEHRAN - Iran Power Plant Repairs Company (IPRC) has managed to achieve the knowledge for the domestic production of more than 6,300 power plant parts and equipment in the first eight months of the current Iranian calendar year (March 21-November 21), the company’s managing director said.
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2023-11-26 14:23
Inflation rate drops 0.6%
TEHRAN - The Statistical Center of Iran (SCI) has put the average inflation rate in the twelve-month period ended on November 21, which marks the end of the eighth Iranian calendar month Aban, at 44.9 percent, falling 0.6 percent from the figure for the twelve-month ended to the seventh month.
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2023-11-25 16:17
By Mahnaz Abdi
SATBA, INIF ink MOU to pay $6m of facilities to renewable energy small-scale projects
TEHRAN- Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA) and Iran National Innovation Fund (INIF) signed a memorandum of understanding (MOU) for paying 3 trillion rials (about $6 million) of facilities to small-scale projects in the field of renewable energy.
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2023-11-25 15:20
Annual production of road construction, mining machinery rises 100%
TEHRAN - Manufacturing of road construction and mining machinery in Iran has increased by 100 percent in the previous Iranian calendar year 1401 (ended on March 20), an official with the Industry, Mining, and Trade Ministry said.