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2021-10-02 10:33
Production by major automakers exceeds 429,000 in H1
TEHRAN - Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 429,414 vehicles during the first half of the current Iranian calendar year (March 21-Septemebr 22), the data released by Codal website showed.
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2021-10-01 15:39
Tehran hosting intl. printing, packaging exhibition
TEHRAN – Iran’s 28th International Exhibition of Printing, Packing, and Related Machinery kicked off on Friday at the Tehran Permanent International Fairground, IRIB reported.
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2021-10-01 15:22
Iran negotiating ways of unblocking frozen funds in Japan
TEHRAN - The chairman of the Iran-Japan Joint Trade Committee has said the senior Iranian officials are currently negotiating ways for unblocking Iran’s frozen oil money in Japan, ILNA reported.
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2021-10-01 15:06
Iranian gas network expanding by 1,700 km
TEHRAN – Head of National Iranian Gas Company (NIGC) Majid Chegeni has said over 1,700 kilometers of high-pressure gas pipelines are currently under construction across the country, Shana reported.
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2021-09-29 16:22
Industry Ministry allocates 10,000 hectares of land to build industrial parks
TEHRAN – The head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced the allocation of 10,000 hectares of land for the development and construction of industrial parks across the country, IRNA reported on Wednesday.
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2021-09-29 16:14
Private sectors of Iran, Italy stress expansion of economic ties
TEHRAN – Heads of the Iran-Italy Joint Chamber of Commerce have stressed the need for expansion of trade ties between the two countries' private sectors, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
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2021-09-29 16:14
Iran, Russia, Azerbaijan discuss trilateral co-op in Caspian Sea
TEHRAN – Moscow hosted a panel on “Trilateral Cooperation among Russia, the Islamic Republic of Iran and the Republic of Azerbaijan in the Caspian Sea" on Tuesday, in which issues related to cooperation in major fields including industry, transit, and transportation corridors were discussed.
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2021-09-29 15:28
Iraqi delegation visits Iran seeking expansion of energy ties
TEHRAN – An Iraqi delegation headed by the country’s Electricity Minister Majid Mahdi Hantoush visited Tehran on Saturday to discuss the expansion of energy ties with Iran, especially gas imports from the country, Shana reported.
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2021-09-29 15:28
Nearly $430m of loans paid to production units in 5 months
TEHRAN – Iran’s Ministry of Industry, Mining and Trade’s data show that 18.032 trillion rials (over $429.3 million) have been paid to production units as part of a program for supporting domestic production during the first five months of the current Iranian calendar year (March 21-August 22).
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2021-09-29 11:00
Over 10.8m tons of crude steel produced in 5 months
TEHRAN- Iran produced 10.882 million tons of crude steel in the first five months of the current Iranian calendar year (March 21-August 22), according to the data released by Industry, Mining, and Trade Ministry.
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2021-09-28 15:35
‘SCO membership provides Iran with great trade opportunities’
TEHRAN – Head of Iran-Russia Joint Chamber of Commerce has said Iran’s membership in the Shanghai Cooperation Organization (SCO) is going to be a great opportunity for Iran to expand trade with the members, IRNA reported.
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2021-09-28 14:08
Home appliance production increases 8.7% in 5 months on year
TEHRAN - Production of home appliances in Iran increased 8.7 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, the data released by Industry, Mining, and Trade Ministry indicate.
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2021-09-28 13:44
By Mahnaz Abdi
Exploration operation seriously pursued in mining sector
TEHRAN- Iran has 68 different types of minerals. The country’s proven iron ore reserves are 2.7 billion tons, and copper ores are 2.6 billion tons.
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2021-09-27 14:49
Gas consumption by households drops 2bcm in H1
TEHRAN – Gas consumption by Iranian households has dropped two billion cubic meters (bcm) in the first half of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, the head of National Iranian Gas Company (NIGC)’s Dispatching Department announced.
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2021-09-27 12:42
Monthly red meat production increases 43% yr/yr
TEHRAN- Statistical Center of Iran (SCI) announced that production of red meat in Iran stood at 52,800 tons in the fifth month of the current Iranian calendar year (July 23-August 22), showing 43 percent growth compared to the same month in the past year.
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2021-09-27 12:40
IME’s value of monthly trades up 50%
TEHRAN- The value of trades in Iran Mercantile Exchange (IME) rose 50 percent in the sixth Iranian calendar month Shahrivar (ended on September 22), as compared to its previous month.
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2021-09-27 12:37
Non-oil trade rises 47% in 6 months yr/yr
TEHRAN - The value of Iran’s non-oil trade rose 47 percent during the first six months of the current Iranian calendar year (March 21-September 22) 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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2021-09-25 16:34
By Mahnaz Abdi
Promoting shareholder culture to elevate capital market’s role
TEHRAN- Secure investment is always one of the concerns of individuals in society. For a long time, people have been looking to make the best use of their savings and market resources, so that while maintaining its value against inflationary shocks, they can benefit from the growth of their capital by creating value.
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2021-09-25 15:31
Iran elected as IMO technical committee’s vice-chair for 3rd consecutive year
TEHRAN – Iran Ports and Maritime Organization (PMO)’s representative at the International Maritime Organization (IMO), Mandana Mansourian, has been elected as IMO technical committee’s vice-chairwoman for the third consecutive year.
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2021-09-25 14:04
By Ebrahim Fallahi
Iranian oil industry shining bright despite sanctions shadow
TEHRAN – Iranian oil industry has once again proved the west to be miscalculating in its efforts for crippling the country’s move toward development as the local developer of the Azar joint oil field project has won the International Project Management Association (IPMA)’s Global Project Excellence Management Award in the mega projects section.
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2021-09-24 14:48
Iran-EAEU trade up 96% in 5 months yr/yr
TEHRAN - The value of trade between Iran and the members of the Eurasian Economic Union (EAEU) exceeded $1.957 billion in the first five months of the current Iranian calendar year (March 21 – August 22) to register 96 percent growth compared to the previous year’s same period, IRNA reported.
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2021-09-24 13:21
Khojasteh-Mehr appointed as new NIOC head
TEHRAN – Iranian Oil Minister Javad Oji has appointed oil industry veteran Mohsen Khojasteh-Mehr as the new managing director of the National Iranian Oil Company (NIOC).
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2021-09-24 13:20
Inflation rate rises 0.6%: SCI
TEHRAN - The Statistical Center of Iran (SCI) has put the average inflation rate in the twelve-month period ended on September 22, at 45.8 percent, rising 0.6 percent from the figure for the same twelve-month prior to the mentioned period.
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2021-09-22 16:32
Tehran hosting 3 international exhibitions
TEHRAN - Three international exhibitions opened on Wednesday at the Tehran Permanent International Fairgrounds and will wrap up on September 25, IRNA reported.
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2021-09-22 14:46
Container operation rises 13% in Iran’s ports in 5 months yr/yr
TEHRAN- As announced by an official with Iran's Ports and Maritime Organization (PMO), container operation has increased 13 percent in the ports of country during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year.
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2021-09-22 14:30
IMIDRO conducting mining development projects worth over $10b
TEHRAN – Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) are currently conducting mining development projects worth over $10 billion across the country, an official with the organization announced.
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2021-09-21 16:04
Major economic issues explored at TCCIMA board meeting
TEHRAN- The 26th meeting of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Board of Representatives was held on Tuesday in which major economic issues were discussed.
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2021-09-21 15:55
Over 106,000 tons of car tires produced in 5 months
TEHRAN- Iranian tire manufacturers produced 106,289 tons of the product during the first five months of the current Iranian calendar year (March 21-August 22) to register a 0.4 percent rise compared to the same period of time in the past year.
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2021-09-21 15:05
Abbas Beheshti appointed Oil Minister representative in Iraq affairs
TEHRAN - Iranian Oil Minister Javad Oji, in a decree on Monday, appointed Seyyed Abbas Beheshti as his representative in Iraq affairs in a move aimed at strengthening bilateral energy ties.
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2021-09-21 14:53
Industrial sector grows 6% in Q1
TEHRAN – Iranian Industrial sector grew by six percent in the first three months of the current Iranian calendar year (March 21-June 21), Deputy Industry Minister Mehdi Sadeqi Niaraki said citing data released by the Central Bank of Iran (CBI).