-
2021-09-20 16:06
Iran-Oman 1st virtual expo launched
TEHRAN – The first Iran-Oman Virtual Expo was launched on Monday by the Iran-Oman Joint Chamber of Commerce in collaboration with Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and Oman Chamber of Commerce and Industry (OCCI).
-
2021-09-20 14:53
Trade with ECO members rises 38% in 5 months yr/yr
TEHRAN - Iran’s trade with the members of the Economic Cooperation Organization (ECO) reached $4.976 billion in the first five months of the current Iranian calendar year (March 21-August 22) to register a 38 percent increase year on year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said.
-
2021-09-20 12:06
Iran’s Q1 GDP growth at 6.2%: CBI
TEHRAN – The Central Bank of Iran (CBI), in its latest report, has put the growth of the country’s Gross Domestic Product (GDP) in the first three months of the current Iranian calendar year (March 21–June 21) at 6.2 percent.
-
2021-09-20 11:57
TPO prepares instruction package for allocating facilities to export companies
TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) has announced the finalization of the instructions for the implementation of Article 3 of the Non-Oil Export Support Package for the current Iranian calendar year (started on March 21) which deals with paying facilities to export-oriented companies.
-
2021-09-19 14:46
New NIGC head appointed
TEHRAN – Iranian Oil Minister Javad Oji appointed Majid Chegeni as the new head of the National Iranian Gas Company (NIGC) in a decree on Sunday, Shana reported.
-
2021-09-19 14:46
Iran’s petchem, fuel sales surge in shadow of oil sale restrictions
TEHRAN – Iran’s exports of fuel and petrochemical exports have surged in recent years as the re-imposition of the U.S. sanctions on the country’s oil industry curbed crude sales, the Daily Star reported.
-
2021-09-19 13:47
5-year plan prepared for fishing fleet modernization
TEHRAN- The director-general of Fisheries Office of Iran Fisheries Organization (IFO) announced the preparation of a five-year plan for the modernization and rebuilding of the country's fishing fleet.
-
2021-09-18 17:02
By Mahnaz Abdi
Fixed income funds overtake banks in attracting people's investment
TEHRAN- It’s over two years that stock market in Iran has been playing an outstanding role in the attraction of the people’s investment.
-
2021-09-18 15:18
India calls on central Asian countries to expand trade through Chabahar
TEHRAN – Indian Prime Minister Narendra Modi has called on Central Asian countries to benefit from Iran’s southeastern Chabahar Port capacities for expanding their trade in the region, Bloomberg reported.
-
2021-09-18 10:28
Iron ore concentrate output up 4% in 5 months on year
TEHRAN- Production of iron ore concentrate in Iran has risen four 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.
-
2021-09-17 15:57
Industry ministry approves new plans for improving domestic markets
TEHRAN – Iranian Industry, Mining, and Trade Ministry approved seven programs for improving the commodity distribution system in the domestic markets in a meeting held on Thursday, IRIB reported.
-
2021-09-17 15:34
Iranian trade delegation to visit Austria in mid-October
TEHRAN – Iran-Austria Joint Chamber of Commerce will dispatch a delegation of Iranian traders and businessmen to Austria next month.
-
2021-09-17 15:32
Export to Iraq rises 31% in 5 months on year
TEHRAN- The value of Iran’s export to Iraq has risen 31 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 spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.
-
2021-09-15 14:05
Iran to open trade center in Sulaymaniyah
TEHRAN – Iran is going to open a trade and permanent exhibition center in Sulaymaniyah city of Iraqi Kurdistan in the near future, the director-general of Iran’s Trade Promotion Organization (TPO)’s Office of Arabian and African Countries announced.
-
2021-09-15 14:05
Annual investment attracted in Chabahar Free Zone up 322%
TEHRAN – The deputy managing director of Chabahar Free Zone Organization (CFZO) has said over 51.34 trillion rials (about $1.27 billion) of investment has been attracted in Chabahar Free Trade-Industrial Zone in the previous Iranian calendar year 1399 (ended on March 20), registering 322 percent rise year on year.
-
2021-09-15 10:54
Steel products export rises 88% in 5 months on year
TEHRAN- Iran’s export of steel products increased 88 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.
-
2021-09-14 15:39
Majlis gives green light to establishing Agricultural Investment and Trade Organization
TEHRAN – Iranian Parliament (Majlis) on Tuesday approved a bill for establishing the Iranian Agricultural Investment and Trade Organization, IRNA reported.
-
2021-09-14 14:05
First step to start one-million housing project to be taken by next 2 weeks
TEHRAN- Iran’s Transport and Urban Development Minister Rostam Qasemi announced that the first step for the implementation of the one-million housing project will be taken by the next two weeks.
-
2021-09-14 14:03
Steel ingots export rises 39% in 5 months on year
TEHRAN- Iran’s export of steel ingots increased 39 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.
-
2021-09-13 15:55
Energy Ministry to implement program for improving hydropower plants
TEHRAN - Iran Water and Power Resources Development Company, as a subsidiary of the Energy Ministry, is going to implement a program for maximizing the use of potentials in the country’s hydropower plants, IRIB reported.
-
2021-09-13 15:21
Tehran hosting intl. exhibition of construction industry
TEHRAN - The 21st International Exhibition of Building and Construction Industry (Iran Confair 2021) was opened by Transport and Urban Development Minister Rostam Qassemi at Tehran Permanent International Fairgrounds on Monday.
-
2021-09-13 12:03
By Mahnaz Abdi
Industry Ministry determined on massive offering of goods through commodity exchange
In a bid to bring transparency of prices to the markets of some major goods, Iran’s government is determined to offer such commodities through the commodity exchange.
-
2021-09-12 16:02
‘Macroeconomic indicators to be focused in drafting next budget bill’
TEHRAN - The head of Iran’s Planning and Budget Organization (PBO) has said his organization is going to target macroeconomic indicators in drafting the next fiscal year’s national budget, ILNA reported.
-
2021-09-12 15:51
Domestic production of 2 catalysts saves Iran’s petchem sector $70m
TEHRAN- Iranian experts succeeded in indigenizing the knowledge for the production of two catalysts used in the petrochemical sector, which saves this sector $70 million.
-
2021-09-12 15:51
PMO to modify financial framework of operatory contracts
TEHRAN - Iran's Ports and Maritime Organization (PMO)'s Deputy Head for Ports and Economic Affairs Farhad Montaser Kouhsari says his organization plans to modify the financial framework of its operatory contracts, the PMO portal reported on Sunday.
-
2021-09-12 15:43
OICO inks deal with NPC for operation, maintenance of world’s top ethylene pipeline
TEHRAN - Iranian Oil Industries Commissioning and Operation Company (OICO) has signed a deal with the National Petrochemical Company (NPC) for the operation and maintenance of the country’s West Ethylene Pipeline (WEP) which is the world’s largest ethylene pipeline.
-
2021-09-11 17:05
‘Renovation of shipping fleet a necessity for Iranian maritime trade’
TEHRAN - The Secretary of the Iranian Merchant Mariners Syndicate (IMMS) Saman Rezaei has said buying new ships and the renovation of the country’s existing maritime fleet is an important necessity for developing the maritime trade.
-
2021-09-11 16:16
Iran’s gasoline storage capacity stands at 3b liters
TEHRAN – Having the production capacity of nearly 120 million liters per day of gasoline, Iran currently has also the capacity to storage three billion liters of the strategic fuel, IRNA reported.
-
2021-09-11 14:58
By Mahnaz Abdi
Oil, gas refining capacity rising, more investment required
TEHRAN- Despite all the external challenges like the coronavirus pandemic and the U.S. sanctions, the Iranian oil and gas sector has been developing at a fast pace and the country is passing new milestones in this industry every day.
-
2021-09-11 14:56
Industrial, mining sectors account for 80% of foreign investment attracted in 5 months
TEHRAN – The volume of foreign investment attracted by the Iranian industrial and mining sectors reached $388 million in the first five months of the current Iranian calendar year (March 21-August 22), accounting for 80 percent of the total investment attracted in the said period.
