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2024-11-03 12:46
International industry exhibition running in Tehran
TEHRAN – The 24th International Industry Exhibition of Iran (TIIE 2024) kicked off at Tehran International Permanent Fairgrounds on Sunday, IRNA reported.
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2024-11-03 12:45
IMF sees inflation in Iran falling to 31.7% in 2024
TEHRAN - The International Monetary Fund (IMF), in its latest World Economic Outlook, has estimated Iran’s inflation to decline to 31.7 percent in 2024 from 40.7 percent last year.
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2024-11-03 12:45
Bank loans up over 24% in 7 months on year
TEHRAN - The Iranian banking system has paid 36.71 quadrillion rials (about $73.42 billion) of facilities to various sectors in the first seven months of the current Iranian calendar year (March 20 -October 21), registering a 24.1 percent rise from the figure in the same period of the previous year, the Central Bank of Iran (CBI) announced.
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2024-11-03 12:45
Iran-UAE 7-month non-oil trade stands at $16.2b
TEHRAN- The value of non-oil trade between Iran and the United Arab Emirates (UAE) stood at $16.2 billion in the first seven months of the current Iranian calendar year (March 20-October 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-11-03 12:44
CBI provides over $41.5b of subsidized foreign currency for imports
TEHRAN - The Central Bank of Iran (CBI) has provided more than $41.543 billion of subsidized foreign currency to importers of basic goods since the beginning of the current Iranian calendar year (March 20) up to November 2.
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2024-11-02 13:05
Iran to attend China International Import Expo
TEHRAN- The 7th China International Import Expo (CIIE), will be held in Shanghai from November 5 to 10, with the participation of many countries including Iran.
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2024-11-02 12:29
Over 4,000 tons of honey produced annually in Lorestan
TEHRAN- The director-general of Lorestan province’s Veterinary Department said that over 4,000 tons of honey is produced in the province per annum.
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2024-11-02 12:25
Bank loans to knowledge-based firms rise nearly 53% in H1
TEHRAN - The Iranian banking system paid 1.599 quadrillion rials (about $3.198 billion) of facilities to knowledge-based companies in the first six months of the current Iranian calendar year (March 20-Septemebr 21), to register a 52.8 percent rise compared to the same period in the previous year.
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2024-11-02 12:21
Iran self-sufficient in producing jet fuel: NIOPDC
TEHRAN - The head of National Iranian Oil Products Distribution Company (NIOPDC) says the country’s refineries are fully capable of meeting the needs for airplane fuel and Iran does not need to import such products, IRNA reported.
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2024-11-02 12:20
100 sewage treatment plants under construction across Iran
TEHRAN – The head of Iran’s National Water and Wastewater Engineering Company has said that 100 wastewater treatment plants are under construction across the country, Tasnim News Agency reported.
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2024-11-02 12:18
Tehran hosting Woodex 2024 exhibit
TEHRAN – The seventh edition of Iran’s International Exhibition of Machinery, Accessories, and Raw Materials of Wood Industry (Woodex 2024) kicked off at Tehran’s Shahr-e-Aftab International Exhibition Center on Thursday.
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2024-11-02 12:17
Iran’s petchem production capacity to rise significantly
TEHRAN – Based on Iran’s seventh National Development Plan (2022-2027), the country’s petrochemical production capacity is planned to increase by eight percent to reach 130 million tons, Shana reported.
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2024-11-01 13:48
18,000 National Housing Movement units under construction in Khuzestan
TEHRAN- Some 18,000 units of the National Housing Movement plan are under construction in the cities and villages of Khuzestan province, in the southwest of Iran, Amirhossein Jafarzadeh, deputy of Housing and Building Office of Khuzestan Transport and Urban Development Department, announced.
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2024-11-01 13:42
TCCIMA underlines need for using AI in agricultural sector
TEHRAN - The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)’s Agriculture and Process Industries Committee held a meeting on Thursday during which the members underlined the need for using Artificial Intelligence (AI) in various agricultural fields.
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2024-11-01 13:09
Tax income up 39% in next year’s budget bill
TEHRAN- Tax revenues are predicted to be 17 quadrillion rials (about $26.153 billion) in the budget bill for the next Iranian calendar year 1404 (starts on March 21, 2025), which is 39 percent more than the figure for the current year’s budget bill.
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2024-11-01 12:52
Natural gas transmission exceeds 130 bcm in H1
TEHRAN - Gas transmission through Iran’s natural gas network reached 133 billion cubic meters (bcm) in the first six months of the current Iranian calendar year (March 20-September 21), Iranian Gas Transmission Company (IGTC)’s Managing Director Peyman Khazraei announced.
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2024-11-01 12:49
Tomato export stands at $226m in 7 months
TEHRAN- Iran exported $226 million of tomatoes in the first seven months of the current Iranian calendar year (March 20-October 21), the Islamic Republic of Iran Customs Administration (IRICA) reported.
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2024-11-01 12:49
Iran, Iraqi Kurdistan region annual trade to reach $6b
TEHRAN - The head of the Kurdistan Regional Union of Importers and Exporters has said the trade exchange between Iran and the Kurdistan Region is going to reaches $6.0 billion annually, IRNA reported.
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2024-11-01 12:48
NIDC indigenizes know-how for manufacturing 610 drilling equipment
TEHRAN - National Iranian Drilling Company (NIDC) has managed to indigenize the knowledge for manufacturing 610 drilling equipment items in collaboration with domestic manufacturers and engineers over the past two years, an official with the company said.
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2024-11-01 12:44
Non-oil goods worth $313m exported from Zanjan province in H1
TEHRAN- As announced by a provincial official, 533,000 tons of non-oil commodities valued at $313 million were exported from Zanjan province during the first six months of the current Iranian calendar year (March 20-September 21).
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2024-10-30 14:29
TEDPIX up 4,400 points on Wednesday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 4,420 points to 2,056,089 on Wednesday, which is the fifth day of the Iranian calendar week.
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2024-10-30 14:08
Honey production in West Azarbaijan anticipated to rise 10%
TEHRAN- Production of honey in West Azarbaijan province, in the northwest of Iran, is expected to increase by 10 percent in the current Iranian calendar year (ends on March 20, 2025), according to a provincial official.
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2024-10-30 14:05
Exports from mining sector surpassed $6b in H1
TEHRAN – Iran exported 30.477 million tons of minerals and mining products worth $6.33 billion in the first six months of the current Iranian calendar year (March 20 - September 21), IRNA reported.
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2024-10-30 14:03
Iran, Japan stress boosting cooperation in transport, technology development
TEHRAN – In a meeting between Iranian Transport and Urban Development Minister Farzaneh Sadegh and Japan’s Ambassador to Tehran Tamaki Tsukada on Tuesday, the two sides stressed cooperation in transportation, infrastructure, and technology development, the portal of Iran’s Transport Ministry reported.
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2024-10-30 13:56
ICCIMA holds meeting on industrial development strategy
TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) held the fist meeting of the Industrial development strategy on Wednesday with experts and scholars from various industrial sectors in attendance.
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2024-10-30 13:51
‘Iran, Turkey play significant role in regional transit as bridge between Asia, Europe’
TEHRAN - Iran and Turkey play a fundamental role in regional transit and freight transportation as the bridge between East and West, Iranian Minister of Transport and Urban Development Farzaneh Sadegh said at an event organized in Tehran on October 29 on the occasion of Turkey's Republic Day.
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2024-10-30 13:45
Annual exports of nano-products up 110%
TEHRAN—Secretary of Iran Nanotechnology Innovation Council Emad Ahmadvand said that the country’s export of nano-products in the previous Iranian calendar year (ended on March 19) increased 110 percent compared to a year earlier.
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2024-10-29 14:40
Tehran, Tashkent reach primary agreement to ink PTA
TEHRAN – Iran and Uzbekistan plan to increase their annual trade exchanges to $5.0 billion and the two sides have reached a primary agreement to sign a preferential trade agreement (PTA) soon, an official with Iran’s Trade Promotion Organization (TPO) said.
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2024-10-29 14:38
Parliament approves general outlines of national budget bill
TEHRAN - The Iranian parliament has approved the general outlines of the national budget bill for the next Iranian calendar year 1404, which starts on March 21, 2025, Tasnim News Agency reported.
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2024-10-29 12:48
Iran to dispatch 10 new commercial attachés to target markets by Mar. 2025
TEHRAN – Iran is going to send 10 new commercial attachés to its economic partner countries by the end of the current Iranian calendar year, an official with Iran’s Trade Promotion Organization (TPO) announced.