TEDPIX gains over 6,000 points on Wednesday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), gained 6,231 points on Wednesday to stand at 2,208,214.

Iran to share agricultural experiences with Venezuela

TEHRAN - An official at Iran’s Ministry of Agriculture said the ministry is keen to share agricultural experience and technical know-how with Venezuela.

Biden unlikely to intensify sanctions on Iran's oil sector: report

TEHRAN – A Reuters report on Tuesday said the Biden administration is unlikely to take any dramatic sanctions action on Iran's oil exports after Iran’s response to Israel, due to worries about boosting oil prices and angering top buyer China.

Monthly PMI hits 10-month high

TEHRAN - Iran’s new Purchasing Managers' Index (PMI) data for the fiscal month of Esfand (February 20 – March 19, 2024), released by the Iran Chamber of Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), has marked a 10-month high.

TPO inks 30 deals to export technical engineering services

TEHRAN – The Director General of the Export Office of Iran’s Trade Promotion Organization (TPO) has said his organization has signed 30 deals with foreign partners to export technical and engineering services.

TEDPIX falls nearly 5,000 points on Tuesday

TEHRAN – TEDPIX, the main index of the Tehran Stock Exchange (TSE), dropped 4,998 points to 2,201,908 on Tuesday, which is the fourth day of the Iranian calendar week.

TEDPIX gains 10,000 points on Monday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 10,140 points to 2,206,907 on Monday, which is the third day of Iranian calendar week.

Iran’s annual exports to Russia rises 26%

TEHRAN - The value of Iran’s exports to Russia rose 26 percent in the past Iranian calendar year (ended on March 19), as compared to the preceding year, an official with Iran’s Trade Promotion Organization (TPO) said.

Iran to launch several water projects in Sri Lanka

TEHRAN – Several major water and energy projects are going to be inaugurated by the presidents of Iran and Sri Lanka in the near future, ISNA reported.

Water inflow to dam reserves declines 10%

TEHRAN - Water inflow to Iran’s dams has decreased by 10 percent since the beginning of the current water year (September 23, 2023) up to April 13, 2024, compared to the same period last year, the new report released by the Water Resources Management Company shows.

Iran’s annual exports to India hit $2.217 billion

TEHRAN - Iran has exported $2.217 billion worth of goods to India during the past Iranian calendar year (ended on March 19), according to an official with Iran’s Trade Promotion Organization (TPO).

TEDPIX loses 11,000 points on Sunday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 11,193 points to 2,196,776 on Sunday, which is the second day of the Iranian calendar week.

Iran’s fishery output to reach 206,000 tons in 2 years

TEHRAN – The Head of Shrimp and Marine Aquatic Affairs of Iran Fisheries Organization (IFO) Ghobad Mokarami has said the country’s fishery production is expected to reach 206,000 tons in the next two years.

Hydropower plants ready for summer peak period: IWPCO

TEHRAN – Iran’s hydroelectric power plants are completely ready to supply electricity during the summer peak consumption period, an official with Iran Water & Power Resources Development Company (IWPCO) said.

By Ebrahim Fallahi

Iran eyeing observer status in Eurasian Economic Union

TEHRAN – A few months after signing a Free Trade Agreement with the Eurasian Economic Union (EAEU), Iran’s Ambassador to Moscow Kazem Jalali has announced the Islamic Republic is seeking to gain observer status in the union soon.

Iran Oil Show 2024 poster, motto unveiled

TEHRAN - The poster of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2024) with the motto “Oil Industry; Surge in Production, Technological Optimization” was unveiled on Wednesday.

CBI to collaborate with Oil Ministry to fund projects: Oji

TEHRAN – Iranian Oil Minister Javad Oji has said the ministry is going to collaborate with the Central of Bank of Iran (CBI) to provide foreign exchange funds for oil projects, Shana reported.

Annual dates export reach $345m

TEHRAN - Iran exported 390,000 metric tons of fresh dates, valued at $345 million, in the previous Iranian calendar year (from March 21, 2023, to March 19, 2024), as announced by an official from Iran’s Ministry of Agriculture.

Parliament gives green light to Tavanir to pursue dispute with Turkish firm

TEHRAN - The Iranian parliament (Majlis) has given the green light to the country’s Power Generation Transmission and Distribution Company, known as Tavanir, to pursue its claims of $263 million in a dispute with Turkish firm Ghent.

Iran, Iraq stress completing construction of Shalamcheh-Basra railway

TEHRAN - The transport ministers of Iran and Iraq have emphasized completing the construction operation of the Shalamcheh-Basra Railway project and boosting bilateral cooperation in the transportation field.

By Ebrahim Fallahi

Iran, Pakistan explore avenues of economic cooperation

TEHRAN – Prior to the official visit of Iran’s President Ebrahim Raisi to Pakistan, a delegation of Pakistani officials visited Iran to discuss ways of expanding economic ties and negotiate the preparation of the agreements expected to be signed during President Raisi’s visit to their country.

Over 21m tons of basic goods unloaded in Iranian ports in a year

TEHRAN - The Iranian Ports and Maritime Organization (PMO) said 21,517,788 tons of basic commodities were unloaded at the ports of the country during the 12 months of the previous Iranian calendar year (March 21, 2023 to March 19, 2024).

Annual exports of steel products reach $7.6 billion

TEHRAN - Iran exported $7.6 billion worth of steel products last calendar year ending March 19, according to figures released by the Iranian Steel Producers Association (ISPA).

Sugar imports drop 36% amid rise in domestic yields

TEHRAN - Iran imported 47 percent less sugar during the first 11 months of the last Iranian calendar year (beginning on March 21, 2023) compared to the year before.

IRHF constructing over 730,000 National Housing Movement units across Iran

TEHRAN – As announced by the head of the Islamic Revolution Housing Foundation (IRHF), the foundation is constructing 731,087 units of the National Housing Movement across the country of which 250,892 units have been completed and handed over to the owners.

Hydropower plants produce 250,000 MWh of power since late Mar.

TEHRAN - Iran’s hydroelectric power plants produced more than 250,000 megawatt hours (MWh) of electricity since the beginning of the current Iranian calendar year (March 20), an official with Iran Water & Power Resources Development Company (IWPCO) said.

Tehran, Ankara agree on cross-border electricity exchange

TEHRAN - Energy officials from Iran and Turkey stressed the need to operationalize the electricity exchange between the two neighbors as soon as possible to promote bilateral ties in the relevant field.

Iran’s maritime transportation capacity increases by 6,000 tons

TEHRAN – The capacity of Iran’s commercial maritime fleet has increased by 6,000 tons after a new cargo vessel joined the Caspian Sea fleet, an official at Iran’s Ports and Maritime Organization (PMO) said.

Mazandaran exports over $318 million of goods in a year

TEHRAN - An official at the customs offices of Iran’s Mazandaran province announced the export of more than $318 million of good from the customs of this northern province in the previous Iranian calendar year (ended March 19, 2024), showing a 14 percent growth compared to a year earlier.

Iran, Turkey hold talks to expand energy cooperation

TEHRAN - Iran and Turkey on Thursday expressed willingness to enhance cooperation in the energy sector, particularly in the gas industry, Shana reported.