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2021-06-18 11:29
Iran, Syria stress facilitating barter trade to boost economic ties
TEHRAN – Iranian Transport and Urban Development Minister met with Syria’s Internal Trade and Consumer Protection Minister Talal al-Barazi to discuss ways for expanding trade ties between the two countries.
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2021-06-18 11:28
Iranian SMEs to expand international cooperation
TEHRAN- The head of Iran Small Industries and Industrial Parks Organization (ISIPO) aid that the cooperation of Iranian small and medium-sized enterprises (SMEs) will be expanded in the international areas.
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2021-06-16 16:37
Tehran, Damascus put expansion of co-op in construction, transport on agenda
TEHRAN – Iranian Transport and Urban Development Minister Mohammad Eslami has traveled to Syria on top of a delegation to meet with Syria’s senior officials for discussing the expansion of ties, especially in civil construction and transportation.
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2021-06-16 15:58
Research indicates huge new gas reserves in northeastern Iran
TEHRAN – Managing Director of Iran’s Khazar Exploration and Production Company (KEPCO) has said new research shows that huge gas reserves could be laid beneath Iran’s northeastern Gorgan plain, Shana reported.
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2021-06-16 13:57
500 idle small mines revived in 2 years
TEHRAN- The head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that 500 idle small-scale mines have been revived throughout the country during two-year period from June 2019 until June 2021.
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2021-06-16 10:57
Steel exports rise 146% in 2 months yr/yr
TEHRAN- Iran's major steel producers exported 1.14 million tons of steel during the first two months of the current Iranian calendar year (March 21-May 21), which was 146 percent more than the figure of the same period of time in the past year.
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2021-06-15 15:57
Exports from Industrial sector rise 80%
TEHRAN – Exports from Iran’s industrial sector have increased by 80 percent since the beginning of the current Iranian calendar year (March 21) compared to the same period in the previous year, the head of Iran Small Industries and Industrial Parks Organization (ISIPO) said on Tuesday.
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2021-06-15 15:47
By Ebrahim Fallahi
Comprehensive plan underway for developing industrial parks, SMEs
TEHRAN – Over the past two decades, the Iranian economy has been constantly faced with external deterrents like sanctions and political pressure, thus the country has been urged to push for a more resilient and independent economy.
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2021-06-15 14:43
Exclusive exhibit of Iranian products to be held in Sulaymaniyah in late-June
TEHRAN- An exclusive exhibition of Iranian products will be held in Sulaymaniyah of Iraqi Kurdistan during June 22-26, a director in Trade Promotion Organization of Iran (TPO) announced.
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2021-06-14 16:40
Oil industry accounts for 80% of Iran’s newly indigenized products
TEHRAN - Iranian Vice-President for Science and Technology Sorena Sattari has said that 80 percent of the products that are being produced for the first time in the country are related to the oil industry.
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2021-06-14 14:04
Iran implements project for injecting gas condensate into oilfield for 1st time
TEHRAN - Iranian Offshore Oil Company (IOOC), in collaboration with the National Iranian Tanker Company (NITC), has started implementing a project for injecting gas condensate into Soroush oil field in the Persian Gulf to maintain its production level.
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2021-06-14 13:15
Annual polymer exports from Imam Khomeini port up 14%
TEHRAN - Some 109,000 tons of polymer products were exported from Imam Khomeini Port in southwestern Khuzestan province during the previous Iranian calendar year (ended on March 20), up 14 percent compared to the preceding year.
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2021-06-14 13:01
By Mahnaz Abdi
Sirik power plant highlighting Iran-Russia energy cooperation
In August 2016, Iran had signed a memorandum of understanding (MOU) with Russia for implementing a 1,400-megawatt power plant project in Iran’s southern Hormozgan Province.
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2021-06-13 14:41
Banks finance over 27,000 SMEs in a year
TEHRAN – Iranian banking system has provided 856.48 trillion rials (about $20.3 billion) of financial facilities to 27,084 small and medium-sized enterprises (SMEs) over the previous Iranian calendar year (ended on March 20), the Central Bank of Iran (CBI) announced.
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2021-06-13 14:41
Tavanir to install solar PV stations for agricultural wells across Iran
TEHRAN - Iran's Power Generation, Distribution, and Transmission Company (known as Tavanir), in collaboration with the Iranian Fuel Conservation Company (IFCC), is going to implement a program for installing free solar power stations for agricultural wells across the country, IRNA reported.
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2021-06-13 14:27
WB sees Iranian economy expanding 2.1% in 2021
TEHRAN - Iranian economy is projected to grow by 2.1 percent in 2021 as booming domestic production outweighs the negative impacts of the coronavirus pandemic, according to the World Bank’s Global Economic Prospects (GEP) report released on June 8.
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2021-06-12 14:48
‘Next president should have an understanding of capital market’
TEHRAN- Regarding the capital market expectations from the future president, a board member of Iran’s Securities and Exchange Organization (SEO) said the people's choice must have an understanding of the capital market and its place in the economy.
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2021-06-12 14:43
Iran starts electricity import from Azerbaijan
TEHRAN- Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said that in order to reduce restrictions on electricity supply, electricity imports from Azerbaijan began on Thursday.
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2021-06-12 11:30
Tire output climbs 3% in 2 months on year
TEHRAN- Production of tires in Iran has risen three percent during the first two months of the current Iranian calendar year (March 21-May 21), compared to the same period of time in the past year.
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2021-06-11 15:23
Iran, Azerbaijan ink MOU for constructing bridge over Astrachai
TEHRAN –Iran and the neighbor Azerbaijan have signed a memorandum of understanding (MOU) for cooperation in constructing a bridge over the Astarachai border river, IRNA reported.
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2021-06-11 13:00
Energy projects worth over $7.5b inaugurated in 3 provinces
TEHRAN – President Hassan Rouhani on Thursday inaugurated several major water and electricity industry projects valued at over $7.5 billion through video conference in three provinces, IRNA reported.
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2021-06-11 12:18
Aluminum ingot output up 33% in 2 months on year
TEHRAN – Production of aluminum ingot in Iran rose 33 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year.
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2021-06-09 16:40
Iran, Nakhchivan confer on expanding transport, trade co-op
TEHRAN - Iranian Transport and Urban Development Minister Mohammad Eslami held talks with the Chairman of the Supreme Assembly of the Nakhchivan Autonomous Republic Vasif Talibov on Tuesday to explore avenues for expansion of economic and transport ties.
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2021-06-09 16:38
NPC inks co-op MOU with German QMS institute
TEHRAN – Iran’s National Petrochemical Company (NPC) and the German Institute for Quality Management Services (QMS), which is the representative of the European Foundation for Quality Management (EFQM), have signed a memorandum of understanding (MOU) for cooperation in business excellence.
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2021-06-09 15:42
‘NIOC prepared to boost oil output to pre-sanction levels within a month’
TEHRAN – National Iranian Oil Company (NIOC) has taken all the necessary measures and is ready for boosting oil output to the pre-sanctions level within a month, a senior official with the company announced.
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2021-06-08 16:21
Dushanbe hosts 14th meeting of Iran-Tajikistan Joint Economic Committee
TEHRAN - The 14th meeting of the Iran-Tajikistan Joint Economic Committee kicked off on Monday in Tajikistan, IRNA reported.
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2021-06-08 14:47
10 major transport projects to be inaugurated by late August
TEHRAN – The Transport and Urban Development Ministry plans to inaugurate 10 major projects including five roads and five railway projects across the county by the end of the fifth Iranian calendar month of Mordad (August 21), IRNA reported.
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2021-06-08 14:27
Housing price in Tehran city falls 2% in a month
TEHRAN- Housing price in Tehran city dropped two percent in the second month of the current Iranian calendar year (April 21-May 21), from its previous month, according to the deputy transport and urban development minister.
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2021-06-07 15:34
By Mahnaz Abdi
Iranian ports’ capacity can double in a 5-year course
TEHRAN- Iran’s ports, as the major gates of exports and imports, play some significant role in the country’s global trade, and the ongoing operation at the ports indicates that they are playing their part perfectly in this regard.
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2021-06-07 15:26
By Ebrahim Fallahi
Iran’s presidential election: private sector expectations and demands
TEHRAN – Iran is on the verge of yet another political turning point as the current government incumbency gets closer to its end and seven new presidential candidates line up to try their luck for leading the next government.