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2021-07-09 15:25
Tehran hosting Iran’s 1st exclusive EAEU exhibition
TEHRAN - Iran’s first exclusive Eurasian Economic Union (EAEU) exhibition, which is a platform to showcase the capabilities of the EAEU members and their Iranian counterparts opened at Tehran Permanent International Fairgrounds on Friday, IRIB reported.
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2021-07-09 14:39
Industrial, mining projects worth over $9.5b inaugurated
TEHRAN – President Hassan Rouhani on Thursday inaugurated five major industrial and mining projects worth 400 trillion rials (over $9.5 billion) in four provinces through video conferencing, IRNA reported.
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2021-07-09 14:15
Quarterly loading, unloading of goods up 7% in Iranian ports
TEHRAN- Loading and unloading of goods in the ports of Iran rose seven percent during the first quarter of the current Iranian calendar year (March 21-June 21), as compared to the first quarter of the previous year, the deputy head of Iran’s Ports and Maritime Organization (MPO) announced.
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2021-07-07 15:49
Economy experts call for revising bill on CBI structure
TEHRAN – A group of economy experts has written a letter to the head of the Iranian parliament’s Economy Committee calling for revising a bill passed on the responsibilities, goals, structure, and duties of the Central Bank of Iran (CBI), IRNA reported.
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2021-07-07 14:44
‘Developing downstream petchem industries to create more added-value'
TEHRAN – Developing downstream industries in Iran’s petrochemical sector is going to create three times more added value than selling raw materials, a National Petrochemical Company (NPC) board member said.
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2021-07-07 14:37
Mining exploration by GIS 16% more than sixth development plan targets
TEHRAN - Head of Geological Survey and Mineral Explorations of Iran (GSI) said his organization has carried out 16 percent more mining exploration in the county compared to the targets set for the Sixth National Development Plan (2016-2021), IRNA reported.
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2021-07-06 14:39
Electricity consumption breaks new record amid heatwave
TEHRAN - Daily electricity consumption in Iran reached 66,250 megawatts (66.25 gigawatts) on Monday to register a new record in the history of Iran’s electricity industry as a new heatwave has blanketed the country over the past few days, IRNA reported.
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2021-07-06 13:14
National housing plan’s 2nd group of units to be handed over by late July
TEHRAN- Iran’s deputy transport and urban development minister announced that the second group of the national housing plan’s units will be handed over to the applicants by the end of the current Iranian calendar month (July 22).
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2021-07-06 13:12
Development projects worth nearly $740m inaugurated in free trade, special economic zones
TEHRAN – Some 62 development projects worth 31.05 trillion rials (over $739.2 million) were put into operation in Iran’s free trade and special economic zones on Tuesday, in the 78th series of inauguration ceremonies since the previous Iranian calendar year (ended on March 20).
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2021-07-05 15:33
Industry minister inaugurates 5 major projects in Khorasan Razavi
TEHRAN –Iranian Industry, Mining, and Trade Minister Alireza Razm Hosseini inaugurated and commenced five major industrial projects in northeastern Khorasan Razavi Province during a two-day visit to the province on Saturday and Sunday, IRNA reported.
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2021-07-05 14:05
Removing barriers to bilateral trade discussed between Iran, Armenia
TEHRAN- During a meeting between Iranian commercial attaché in Yerevan and Armenian Customs Authorities, the two sides explored the ways to remove the obstacles to boosting bilateral trade between Iran and Armenia.
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2021-07-05 12:50
By Ebrahim Fallahi
Iran’s plans for promoting mining sector bearing fruit
TEHRAN - Having 68 different types of minerals, including the world’s largest copper, zinc and iron reserves, Iran is one of the top 10 mineral-rich countries across the globe. In this regard, the Iranian government has been seriously pursuing several programs for promoting the mining sector as a major contributor to the country’s economic growth.
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2021-07-05 12:13
240 idle industrial units revived since late March
TEHRAN- The head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced that 240 idle industrial units have been revived in the country since the beginning of the current Iranian calendar year (March 21).
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2021-07-04 17:37
Projects worth over $3b underway in industrial parks, zones
TEHRAN - Head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said 428 development projects worth 129 trillion rials (about $3 billion) are currently underway in the country’s industrial parks and zones.
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2021-07-04 14:15
NIDC allocates over $123m to renovate, upgrade drilling rigs
TEHRAN - National Iranian Drilling Company (NIDC) has allocated 5.2 trillion rials (about $123.8 million) for the renovation and upgrading of its drilling rigs and equipment in the company’s operational, technical, specialized, and logistical departments.
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2021-07-04 12:52
178m Kwh of electricity generated from renewable sources in a month
TEHRAN – Iranian renewable power plants generated 178 million kilowatt-hours (Kwh) of electricity in the third month of the current Iranian calendar year (May 22- June 21), IRNA reported.
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2021-07-03 16:21
RAI takes new steps for domestic railway signaling
TEHRAN - The Islamic Republic of Iran Railways (known as RAI) has inked a memorandum of understanding (MOU) with two local entities namely Iran Khodro Company (IKCO) and Farab Industrial Group for equipping a railway line near capital Tehran with signaling systems.
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2021-07-03 15:21
Railway fleet receives 169 domestically-made, renovated wagons, locomotives
TEHRAN- Iranian railway fleet received 169 new domestically-made or renovated locomotives and wagons worth 3.52 trillion rials (about $83.8 million) on Saturday in a ceremony attended by senior transport officials, IRIB reported.
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2021-07-03 14:20
Iran to return to oil market in shortest possible time post-sanctions: Zanganeh
TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has said his country will return to the oil market in the shortest possible time after the removal of the U.S. sanctions on the country’s oil industry, ISNA reported.
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2021-07-03 12:37
TCCIMA to hold Iran-Tajikistan business forum in late July
TEHRAN- Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) will hold an Iran-Tajikistan business forum on July 27, the chamber announced on its website.
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2021-07-03 12:31
Iran almost self–sufficient in production of home appliances
TEHRAN – Iranian Industry, Mining and Trade Minister has said the country is on the verge of self-sufficiency in the production of various types of home appliances, IRNA reported.
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2021-07-02 14:48
OPEC pays tribute to Iran's veteran oil minister
TEHRAN – The Organization of Petroleum Exporting Countries (OPEC) in its 181st meeting in Vienna on Thursday paid tribute to Iranian Oil Minister Bijan Namdar Zanganeh for his long-lasting contribution to the organization and the oil market.
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2021-07-02 14:35
TSE’s main index gains 43,000 points in a week
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 43,000 points in the past Iranian calendar week.
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2021-07-02 14:22
Industrial, mining projects worth over $850m inaugurated
TEHRAN – President Hassan Rouhani on Thursday inaugurated six major industrial and mining projects worth 35.77 trillion rials (over $851 million) in four provinces through video conferencing, IRNA reported.
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2021-06-30 15:16
By Mahnaz Abdi
Iranian port activities noticeably ongoing despite limitations
The condition created by the coronavirus outbreak has had some devastating effect on different aspects of global trade.
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2021-06-30 14:23
Komijani appointed as new CBI governor
TEHRAN – Iranian cabinet appointed Akbar Komijani, the former deputy governor of the Central Bank of Iran (CBI), as the bank’s new governor, Mahmoud Vaezi, the president's chief of staff announced.
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2021-06-30 14:07
Tehran, Yerevan call for removal of trade barriers
TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) Hamid Zadboum and Armenian Deputy Economy Minister Varos Simonyan met on Tuesday in Tehran to discuss ways of removing the barriers in the way of trade between the two countries.
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2021-06-29 15:54
Tehran hosting 2 international exhibitions
TEHRAN - The 18th International Exhibition of Kitchen, Bath, Sauna, Pool Industries, and Equipment, as well as the 13th edition of Doors and Windows Technology International Exhibition of Iran (Do-Win Tech 2021), opened at the Tehran Permanent International Fairgrounds on Tuesday, IRNA reported.
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2021-06-29 15:14
Water, electricity projects worth over $102m put into operation
TEHRAN - Energy Minister Reza Ardakanian on Tuesday inaugurated five major water and electricity industry projects valued at 4.32 trillion rials (about $102.8 million) through a video conference in the 13th week of the ministry’s A-B-Iran program in the current Iranian calendar year (started on March 21).
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2021-06-29 11:22
Major automakers manufacture 203,500 vehicles in a quarter
TEHRAN - Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 203,529 vehicles during the first quarter of the current Iranian calendar year (March 21- June 21), the data released by Codal website showed.