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2021-09-10 14:21
Iran’s share of petchem trade in West Asia rises 2%
TEHRAN – National Petrochemical Company (NPC)'s Director of Planning and Development Hassan Abbaszadeh said Iran's share in West Asia’s petrochemical trade has increased by two percent, IRNA reported on Friday.
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2021-09-10 14:21
Bank loans to economic sectors up over 51% in 5 months
TEHRAN- Iranian banking system has paid 9.007 quadrillion rials (over $214.47 billion) of facilities to domestic economic sectors in the first five months of the current Iranian calendar year (March 21-August 22), registering a 51.3-percent rise from the same period in the previous year, IRNA reported.
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2021-09-10 12:57
56% of Iran’s export to EAEU subject to preferential tariffs in 2020
TEHRAN- According to statistics, in 2020, the total value of Iran's exports to the Eurasian Economic Union (EAEU) member states was $1.041 billion, 56 percent of which was done using preferential tariffs.
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2021-09-08 16:01
Industry Ministry defines 36 programs to support strategic industries
TEHRAN - Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki said his ministry has defined 36 new programs for improving the productivity of the country’s major strategic industries in the current Iranian calendar year (ends in March 2022).
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2021-09-08 15:25
By Ebrahim Fallahi
High-efficiency power plants to help Iran compensate for power shortage
TEHRAN - Over the past decade, constant temperature rising and the significant decrease of rainfalls across Iran have put the country in a hard situation regarding electricity supply during peak consumption periods.
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2021-09-08 15:25
Exports to ASEAN rise 48% in 5 months on year
TEHRAN – The value of Iran's exports to the Association of Southeast Asian Nations (ASEAN) member states rose 48 percent in the first five months of the current Iranian calendar year (March 21-August 22) compared to the figure for the same period last year, ILNA reported.
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2021-09-08 10:20
Transit of goods via Shahid Rajaee port up 100% in 5 months yr/yr
EHRAN- Transit of goods through Shahid Rajaee port, Iran’s largest and best-equipped container port, increased 100 percent in the first five month of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, according to a provincial official.
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2021-09-07 15:47
Monthly transit of goods via Iran rises 94% yr/yr
TEHRAN- Transit of goods via Iran has risen 94 percent during the fifth month of the current Iranian calendar year (July 23-August 22), as compared to the same month of the past year, the spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced.
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2021-09-07 15:28
Gas refineries fully ready for sustained supply in winter
TEHRAN - Head of National Iranian Gas Company (NIGC)’s Production Coordination and Supervision Directorate has said the country’s natural gas refineries are completely ready for the sustained supply of gas in the cold season, Shana reported.
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2021-09-07 15:07
Tehran hosts conference on advanced industries
TEHRAN – Focusing on the role of knowledge-based companies in the industrial development of Iran, the country’s National Conference of Advanced Industries was held in Tehran on Monday.
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2021-09-06 15:57
Iran’s crude steel output rises about 10% in 7 months yr/yr: WSA
TEHRAN- Production of crude steel in Iran reached 17.8 million tons during January-July, 2021 to register a 9.9 percent growth year on year, according to the latest report released by the World Steel Association (WSA).
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2021-09-06 15:57
Petropars conducts nearly 8,000m of drilling in SP phase 11
TEHRAN - The managing director of Petropars Company, which is in charge of developing phase 11 of Iran’s South Pars gas field in the Persian Gulf, said his company has conducted nearly 8,000 meters of drilling in this phase despite limitations created by the pandemic.
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2021-09-06 11:44
Over 10m subscribers covered by free electricity program since late May
TEHRAN- Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi announced that over 10 million subscribers have been covered by the free electricity program since the third Iranian calendar month Khordad (May 22).
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2021-09-05 15:50
Major industrial firms to build 10,500MW of power plants
TEHRAN – Major Iranian industrial firms are going to fund the construction of 10,500 megawatts (MW) capacity of new power plants to meet their own electricity needs, Deputy Industry, Mining, and Trade Minister Saeed Zarandi announced.
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2021-09-05 15:50
PBO intends to amend next year’s budget structure
TEHRAN – The head of Iran’s Planning and Budget Organization (PBO) has said his organization is going to change the structure of the next fiscal year’s national budget for the better, following the guidelines of the Leader of the Islamic Revolution Seyyed Ali Khamenei on the matter.
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2021-09-05 15:49
Monthly cement production stands at 4.5m tons
TEHRAN- Iran produced 4.5 million tons of cement during the previous Iranian calendar month (ended on August 22), the director-general of the Industry, Mining and Trade Ministry’s Mineral Industries Office announced.
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2021-09-04 11:54
Iran’s 1st permanent virtual water, electricity expo to kick off on Monday
TEHRAN – Iran’s Water, Electricity Virtual Exhibition (WEVEX 2021), as the first permanent online exhibition in the said sectors, is going to kick off on Monday, the portal of the Energy Ministry known as Paven reported.
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2021-09-04 11:54
‘Managing budget deficit a priority of Economy Ministry next year’
TEHRAN – Iranian Finance and Economic Affairs Minister Ehsan Khandouzi has said controlling budget deficit will be the main priority of his ministry in the next Iranian calendar year (begins in March 2022), IRIB reported.
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2021-09-04 10:25
Exports from Shahid Rajaee port rises 28% in 5 months on year
TEHRAN- Exports from Shahid Rajaee port, Iran’s largest and best-equipped container port, increased 28 percent in 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, according to a provincial official.
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2021-09-03 15:33
Iran determined to boost oil exports despite sanctions: Oji
TEHRAN – Iranian Oil Minister Javad Oji has said the Islamic Republic is determined to increase its oil exports despite the U.S. sanctions on the country’s oil industry, adding that the use of oil sanctions as a "political tool" would harm the market.
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2021-09-03 12:49
‘Maintaining production level at South Pars requires proper planning’
TEHRAN – Managing Director of Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars gas field in the Persian Gulf, has said proper planning must be made in order to maintain the field’s production level in the future.
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2021-09-03 12:33
Loading, unloading of goods up 20% at Imam Khomeini port
TEHRAN- Loading and unloading of goods rose 20 percent at Imam Khomeini port, in the southwest of Iran, 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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2021-09-01 15:43
Former CBI governors stress bank’s authority in economic decisions
TEHRAN – The former governors of the Central Bank of Iran (CBI) have said the president should not intervene in the country’s specialized economic decisions which are mainly made by the CBI, Mehr News Agency reported.
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2021-09-01 13:29
Reaching 8% economic growth possible: PBO head
TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) has said achieving an eight percent economic growth is possible if the government manages the budget properly and implements correct planning, IRNA reported.
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2021-09-01 11:04
‘Economic diplomacy seeks to expand relations with neighbors'
TEHRAN- “By promoting economic diplomacy, we can develop relations with neighboring countries, which will also lead to prosperity for the free zones”, Hossein Garousi, the acting managing director of Arvand Free Zone Organization, stated.
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2021-08-31 15:44
POGC to begin new drilling operations in South Pars gas field
TEHRAN – Iran’s Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars gas field in the Persian Gulf, is preparing to begin new drilling operations in this field, an official with the company announced.
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2021-08-31 15:02
Loading, unloading of goods in ports up 14% in 5 months yr/yr
TEHRAN - Loading and unloading of goods in the ports of Iran rose 14 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of the previous year, the portal of the Ports and Maritime Organization (PMO) reported.
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2021-08-31 14:22
Tehran hosting Islamic banking conference
TEHRAN – Iran’s 31st Islamic Banking Conference kicked off at the place of the Central Bank of Iran (CBI) in capital Tehran on Tuesday, IRIB reported.
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2021-08-30 15:56
‘Raising tax revenue to GDP ratio through smart collection on agenda’
TEHRAN – Iranian Finance and Economic Affairs Minister Ehsan Khandouzi said, “We should increase the tax revenue to GDP ratio up to 50 percent through smartening of tax collection process”, IRIB reported on Monday.
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2021-08-30 13:54
Iran-EAEU trade up 93% in 4 months yr/yr
TEHRAN - The value of non-oil trade between Iran and the members of the Eurasian Economic Union (EAEU) exceeded $1.6 billion in the first four months of the current Iranian calendar year (March 21 – July 22) to register 93 percent growth compared to the previous year’s same period, IRNA reported.