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2024-11-29 13:56
Longest Iran-Armenia power transmission line reaches 90% progress
TEHRAN – A 270-kilometer power transmission line between Iran and Armenia, the longest overseas line in Armenia, has reached 90 percent of physical progress, IRIB reported.
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2024-11-27 13:23
Loading, unloading of goods in Bushehr port up 64% in 7 months on year
TEHRAN – As announced by a provincial official, the loading and unloading of goods in Bushehr port, in the southwest of Iran, increased by 64 percent in the first seven months of the current Iranian calendar year (March 20- October 21), as compared to the same period of time in the past year.
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2024-11-27 13:23
Average daily gasoline consumption rises 7%
TEHRAN - Average daily gasoline consumption in Iran has reached about 126 million liters since the beginning of the current Iranian calendar year (March 20) up to November 27, registering a seven percent rise compared to the figure for the previous year, according to the head of the National Iranian Oil Refining and Distribution Company (NIORDC).
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2024-11-27 13:23
Over $1.1b invested in mining projects in over 3 months
TEHRAN - Iranian Ministry of Industry, Mining and Trade has invested $1.1 billion in development and infrastructure projects in the mining and mineral industries sector in the first 100 days since the 14th government took office.
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2024-11-27 13:23
Iran ready to expand maritime cooperation with IMO members
TEHRAN – Iranian Transport and Urban Development Minister Farzaneh Sadegh has said the country is ready to expand maritime cooperation with members of the International Maritime Organization (IMO), IRIB reported.
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2024-11-27 12:53
Non-oil export increases 18% in 8 months yr/yr
TEHRAN - The value of Iran’s non-oil exports increased by 18 percent in the first eight months of the current Iranian year (March 20-November 21) compared to the same period last year, according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).
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2024-11-27 12:53
Iran ends power outages amid fuel supply improvements
TEHRAN - Iran’s Energy Minister Abbas Aliabadi confirmed on Tuesday that scheduled power outages have ceased, following assurances of improved fuel supply to power plants.
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2024-11-27 12:32
Daily gas output in Iran rises significantly
TEHRAN - The Iranian oil minister boasted about his ministry’s success in increasing the production of unprocessed natural gas after identifying the bottlenecks.
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2024-11-27 12:31
Tehran, Riyadh discuss joint investment programs
TEHRAN - Officials from Iran and Saudi Arabia weighed plans to further mutual investment opportunities, Tasnim News Agency reported.
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2024-11-27 12:31
Some 30m liters of oil products being smuggled per day
TEHRAN - The speaker of the Iranian parliament Mohammad Bagher Qalibaf has said that 25 to 30 million liters of oil products are smuggled out of the country daily, which is undoubtedly organized.
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2024-11-26 14:51
TEDPIX gains over 25,000 points on Tuesday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 25,876 points to 2.415 million on Tuesday, continuing its upward trend for the third consequent day.
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2024-11-26 13:31
Over 920,000 tons of goods loaded, unloaded in Anzali port in H1
TEHRAN – As announced by a provincial official, 924,526 tons of commodities were loaded and unloaded in Anzali port, in the north of Iran, during the first half of the current Iranian calendar year (March 20-September 21).
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2024-11-26 13:31
Tehran, Doha eye $1b in annual trade
TEHRAN - The head of Iran’s Trade Promotion Organization (TPO) has said the country seeks to reach one billion dollars in annual trade with Qatar, expressing hope that economic cooperation between Tehran and Doha will take an upward trend with the holding of the two countries’ Joint Economic Committee meeting.
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2024-11-26 13:29
Private sector urges action to remove Iran from FATF blacklist
TEHRAN – Deputy Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammad Reza Bahraman has highlighted the impact of the Financial Action Task Force (FATF) blacklist on Iranian trade operations, urging the need for addressing the challenge.
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2024-11-26 13:28
OPEC Fund welcomes co-op with Iranian companies
TEHRAN - Iran’s Minister of Finance and Economic Affairs Abdolnasser Hemmati, who has traveled to Riyadh to participate in the 28th WAIPA World Investment Conference, met and held talks with OPEC Fund’s President Abdulhamid Alkhalifa on Monday. During the meeting, Alkhalifa said the Fund is ready to provide services to Iranian companies.
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2024-11-26 13:12
Iran's steel output up 0.6% in 10 months: WSA
TEHRAN - Iran's crude steel production reached over 25 million tons in the first 10 months of 2024, registering a 0.6 percent increase compared to the same period last year, according to the latest report by the World Steel Association (WSA).
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2024-11-26 13:02
Iran says exporting gas to Iraq underway as planned
TEHRAN - The National Iranian Gas Company (NIGC) has confirmed that the commitment to export gas from Iran to Iraq is proceeding as planned, Shana reported.
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2024-11-26 13:02
‘Iran determined to fulfill obligations towards IDB’
TEHRAN - Iran's Minister of Economic Affairs and Finance Abdolnasser Hemmati stated in a meeting with the head of the Islamic Development Bank (IDB) that the Islamic Republic is determined to fulfill its obligations towards IDB.
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2024-11-26 12:57
Oil exports continue as usual: Paknejad
TEHRAN – Iranian Oil Minister Mohsen Paknejad says following President Trump’s election in the United States, Iran is taking new measures to ensure that the country’s oil exports continue without or with minimal challenges.
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2024-11-25 13:50
TEDPIX gains 57,000 points on Monday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 57,930 points to 2,389,125 on Monday, which is the third day of the Iranian calendar week.
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2024-11-25 13:50
Iran exports iron ore pellet worth $513m in 7 months
TEHRAN- Iran exported iron ore pellet worth $513 million in the first seven months of the current Iranian calendar year (March 20-October 21), the Iranian Steel Producers Association (ISPA) reported.
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2024-11-25 13:20
Iran-Turkey Joint Economic Committee to hold meeting in early Dec.
TEHRAN – Iran’s capital Tehran is going to host the next meeting of the Iran-Turkey Joint Economic Committee on December 9, an official with the Iranian Foreign Ministry said.
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2024-11-25 13:18
Digital Rial to be launched soon: CBI
TEHRAN - The Central Bank of Iran (CBI) intends to launch its digital currency, the Digital Rial, in the near future as part of a larger effort to modernize the country's banking system and improve international financial cooperation.
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2024-11-25 13:16
New IRICA head appointed
TEHRAN - Iranian Finance and Economic Affairs Minister Abdolnaser Hemmati appointed Foroud Asgari as the new head of the Islamic Republic of Iran Customs Administration (IRICA), IRIB reported.
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2024-11-25 13:16
Iran, Belarus discuss closer cooperation in mining sector
TEHRAN - Deputy Head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammad Reza Bahraman has stated that Iran and Belarus have significant potential for collaboration in supplying mining machinery.
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2024-11-25 13:15
Over 150m tons of goods loaded, unloaded at Iranian ports
TEHRAN - Based on the latest data released by the Iranian Ports and Maritime Organization (PMO), some 155,429,115 tons of goods were loaded and unloaded at the country’s ports in the first eight months of the current Iranian calendar year (March 20- November 21).
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2024-11-25 13:12
Trade via Sistan-Baluchestan hits 1.9m tons in 8 months
TEHRAN - Nearly 2.0 million tons of goods were traded through the customs terminals and border markets of Sistan-Baluchestan province during the first eight months of the current Iranian calendar year (March 20-November 20), according to a senior provincial official.
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2024-11-25 13:11
281 idle industrial units revived in over 3 months
TEHRAN - In line with supporting production and employment, the government has revived 281 stagnant industrial units across the country since the government took office in August, IRNA reported.
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2024-11-24 14:01
Export from Golestan province rises 44% in 7 months yr/yr
TEHRAN – As announced by a provincial official, the value of non-oil export from Golestan province, in the northeast of Iran, rose 44 percent during the first seven months of the current Iranian calendar year (March 20-October 21), as compared to the same period of time in the past year.
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2024-11-24 14:01
Iranian economy minister to attend WAIPA Conference in Riyadh
TEHRAN – Iran’s Minister of Finance and Economic Affairs Abdolnaser Hemmati is traveling to Saudi Arabia to participate in the 28th World Association of Investment Promotion Agencies (WAIPA) Conference which is due to be held from November 25 to 27, 2024 in Riyadh.