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2024-11-04 12:27
TPO head to visit China International Import Exhibition
TEHRAN- Iran’s Trade Promotion Organization (TPO) Head Mohammad-Ali Dehghan Dehnavi left Tehran for Shanghai to visit the China International Import Exhibition (CIIE).
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2024-11-03 18:23
Iran’s foreign trade closes $100b in 7 months
TEHRAN- The value of Iran’s foreign trade reached $99.7 billion during 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 12:46
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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2024-11-02 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 12:18
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 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
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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2024-10-30 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 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 14:38
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 12:29
Iran’s oil, gas condensate output up 8% in Q3 2024
TEHRAN – Iranian Oil Ministry has said that despite the U.S. sanctions the Islamic Republic’s crude oil and gas condensate production in the third quarter of 2024 has increased by over eight percent compared to the same period last year.
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2024-10-29 12:29
China eyes bolstering trade ties with Iran
TEHRAN - Chinese Ambassador to Iran Cong Peiwu has emphasized that China is willing to strengthen trade ties with Iran in all fields.
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2024-10-28 14:08
Loading, unloading of goods in Bushehr port up 69% in H1
TEHRAN – As announced by a provincial official, the loading and unloading of goods in Bushehr port, in the southwest of Iran, increased by 69 percent during the first half of the current Iranian calendar year (March 20-September 21), as compared to the first half of the past year.
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2024-10-28 12:54
Iran, China to expand cooperation in renewables
TEHRAN – Iranian Energy Minister Abbas Ali-Abadi has said the country is in talks with China to expand cooperation in the renewables sector.
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2024-10-28 11:00
Export of agricultural products up 28% in 7 months yr/yr
TEHRAN- The value of Iran’s agricultural products export increased by 28 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, the Islamic Republic of Iran Customs Administration (IRICA) reported.
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2024-10-28 10:57
‘Islamic capital markets, good platforms for offering financial instruments’
TEHRAN - The head of Iran Securities and Exchange Organization (SEO) has said that Islamic capital markets are great platforms to offer financial instruments with positive socio-economic impacts, IRNA reported.
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2024-10-27 13:57
Iran’s exports to OIC member states rises 22%
TEHRAN - The value of Iran’s exports to the members of the Organization of Islamic Conference (OIC) increased by 22 percent in the first seven months of the current Iranian calendar year (March 20-October 21), the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-10-27 13:54
Non-oil trade with neighbors up 23% in 7 months on year
TEHRAN- The value of Iran’s non-oil trade with its neighboring countries increased 23 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, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-10-27 13:53
Over 135m tons of goods loaded, unloaded at Iranian ports in 7 months
TEHRAN – Based on the latest data released by the Iranian Ports and Maritime Organization (PMO), some 135,555,142 tons of goods were loaded and unloaded at the country’s ports in the first seven months of the current Iranian calendar year (March 20- October 21).
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2024-10-26 15:15
ICCIMA hosts meeting on Iran-Hungary trade opportunities
TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has hosted a meeting to explore the trade opportunities of Iran and Hungary, the ICCIMA portal reported on Saturday.
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2024-10-26 14:01
NIDC digs 52 oil, gas wells in 7 months
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2024-10-26 13:52
Transit of goods via Iran rises 42% in 7 months yr/yr
TEHRAN - The transit of commodities through Iran increased by 42 percent in the first seven months of the current Iranian calendar year (March 20-October 21) compared to the previous year’s corresponding period, according to a report released by the Islamic Republic of Iran Customs Administration (IRICA).
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2024-10-25 15:17
Iran, Pakistan explore avenues of cross-border energy cooperation
TEHRAN – Energy ministers of Iran and Pakistan met and held talks on the sidelines of the Third Belt and Road Ministerial Conference held in Qingdao, China.
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2024-10-25 15:05
Tehran hosting intl. electricity exhibition
TEHRAN – The 24th Iran International Electricity Exhibition (IEE 2024) kicked off at Tehran Permanent International Fairgrounds on Thursday, IRIB reported.
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2024-10-25 14:54
Iran seeks cooperation with China for developing renewables
TEHRAN – Iran’s Deputy Energy Minister Homayoun Haeri has said the Islamic Republic is seeking to use Chinese expertise and technology to develop the country’s renewable industry, IRNA reported.