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2021-08-13 15:42
Govt., private sector discuss issues facing industrial units
TEHRAN - The 77th meeting of the dialogue council of the government and the Tehran Province’s private sector was held on Thursday, in which issues pertaining to the supply of raw materials, especially steel sheets, for the province’s industrial units was discussed.
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2021-08-13 14:35
Oil minister candidate releases future plans
TEHRAN - Javad Owji, who is President Raisi’s suggested candidate for the Oil Ministry, has released a comprehensive program for the development of the country’s oil and gas industry during his tenure, Shana reported.
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2021-08-13 13:53
400 idle industrial units revived since late March
TEHRAN- The head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced that 400 idle industrial units have been revived in the country since the beginning of the current Iranian calendar year (March 21).
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2021-08-11 16:16
Industry ministry approves plan for developing food industry
TEHRAN – Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki has announced the approval of the draft of the operational plan for the development of the country’s food and beverage industry chain, IRNA reported.
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2021-08-11 16:01
By Mahnaz Abdi
Renewable energy development behind schedule
TEHRAN- Renewables, including hydropower, account for about seven percent of Iran’s total power generation, versus natural gas’ 90 percent share.
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2021-08-11 15:37
President forwards budget bill amendments for execution
TEHRAN – Iranian President Seyyed Ebrahim Raisi has announced the current Iranian calendar year’s (started on March 20) amended national budget bill to be implemented by the Planning and Budget Organization (PBO), IRNA reported.
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2021-08-11 15:03
Iran ready to export laboratory engineering services
TEHRAN – Managing Director of Iran’s Technical and Soil Mechanics Lab Company (TSML) has said his company is ready for the exports of engineering-related laboratory services to foreign markets especially neighboring countries, IRIB reported on Wednesday.
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2021-08-10 15:27
Iran’s petchem revenues to reach $50b by 2027
TEHRAN – Iran’s National Petrochemical Company (NPC) is planning the fourth leap of the petrochemical industry, based on which the country’s petrochemical revenues are expected to reach $50 billion by the Iranian calendar year 1406 (starts in March 2027), according to NPO Managing Director Behzad Mohammadi.
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2021-08-10 13:36
By Ebrahim Fallahi
Oil industry taking big steps for promoting innovation, technology
TEHRAN – As one of the major pillars of the Iranian economy, the oil industry has been evolving continuously over the past four decades and with the world stepping into the new era of technological advances the Iranian oil industry too has been taking new steps in this regard.
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2021-08-10 11:31
Transit of goods via Iran rises 48% in a month
TEHRAN- Transit of goods via Iran has risen 48 percent in the fourth Iranian calendar month Tir (June 22-July 22), as compared to the same month of the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2021-08-09 16:44
Iran, Brazil mulling over expansion of mining cooperation
TEHRAN – Iran and Brazil are considering expansion of cooperation in the mining sector, according to the Head of Iran Mine House (IMH) Mohammadreza Bahraman.
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2021-08-09 16:31
NIOC’s monitoring center officially launched
TEHRAN - The monitoring center of the National Iranian Oil Company (NIOC) was officially inaugurated in a ceremony attended by the outgoing Oil Minister Bijan Namdar Zanganeh on Sunday, Shana reported.
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2021-08-09 15:13
Trade with Afghanistan in limbo as exporters look for alternative markets
TEHRAN – Following the recent unrests in Afghanistan, Iran’s exports to the country have fallen significantly and Iranian exporters should look for alternative markets to replace the neighboring country, the head of the Iran-Afghanistan Joint Chamber of Commerce said on Sunday.
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2021-08-08 16:03
No problem in providing funds needed to import Covid-19 vaccines: CBI
TEHRAN – The Governor of the Central Bank of Iran (CBI) has said the bank has no problem in providing the necessary funding for the imports of Conid-19 vaccines into the country, IRIB reported on Sunday.
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2021-08-08 16:03
Iran, Finland discuss expansion of technological, trade ties
TEHRAN – Head of Iran-Finland Joint Economic Committee Gholamhossein Jamili met with the Finnish economic and international trade advisor in Tehran to discuss the expansion of technology and trade ties.
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2021-08-08 14:34
Tabriz refinery taking steps to place among Asia’s top 10 refineries
TEHRAN – Managing Director of Tabriz Refinery in northwestern Iran has said his company is taking new steps for placing among Asia’s top ten refineries in the coming years, IRNA reported.
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2021-08-07 14:18
Iran’s new president holds talks with OPEC secretary general
TEHRAN - New Iranian President Seyed Ebrahim Raisi hosted a meeting with the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo in Tehran on Friday, Shana reported.
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2021-08-07 11:56
Domestic contractors able to construct 1m housing units per year
TEHRAN - Deputy Head of Iran’s Mass Construction Association Iraj Rahbar has said the country’s contractors are capable of constructing one million housing units a year if the necessary funding and land is provided, IRNA reported.
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2021-08-07 11:20
About 10,000 km of railway projects under study
TEHRAN- Iran's outgoing transport minister said that about 10,000 kilometers of railway projects are currently under study.
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2021-08-06 15:49
TSE’s main index climbs 8.5% in a week
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 90,000 points, or 8.5 percent, in the past Iranian calendar week.
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2021-08-06 15:16
Desalination plants providing 600,000m3 of drinkable water to southern Iran
TEHRAN - Desalination plants in southern Iran are currently providing 600,000 cubic meters of drinkable water for the region’s coastal provinces, and the figure will be increased to one million cubic meters in the near future, the spokesman of Water and Wastewater Company of Iran told IRIB on Thursday.
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2021-08-06 14:05
Projects worth $3.5b ready to be inaugurated in free trade, special economic zones
TEHRAN- The secretary of the Iranian Free Zones High Council says projects worth 150 trillion rials (about $3.571 billion) are ready to be inaugurated in the country’s free trade zones (FTZs) and special economic zones by the next two months.
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2021-08-04 16:56
CBI to take all necessary measures for curbing liquidity, inflation: governor
TEHRAN – The Governor of the Central Bank of Iran (CBI) Akbar Komeijani has said the bank is going to take all the necessary measures for preventing the liquidity growth which will consequently lead to inflation, IRIB reported.
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2021-08-04 15:09
Energy Ministry unveils water, electricity training system
TEHRAN – Iranian Energy Ministry unveiled a comprehensive system for training and data analysis in the water and electricity industry, in a virtual ceremony on Tuesday, the portal of the Energy Ministry known as Paven announced.
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2021-08-04 12:44
Loading, unloading of goods up 16% at Shahid Rajaee port
TEHRAN- Loading and unloading of goods rose 16 percent at Shahid Rajaee port, Iran’s largest and most-equipped container port, during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, a provincial official stated.
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2021-08-03 13:51
Iran’s foreign debt falls 4.3%: CBI
TEHRAN – The latest report published by the Central Bank of Iran (CBI) puts the country’s foreign debt at $8.744 billion at the end of the first quarter of the current Iranian calendar year (June 20), down 4.35 percent from $9.142 billion at the end of the previous year, IRIB reported.
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2021-08-03 11:53
Jask oil terminal’s storage capacity to be increased
TEHRAN- The director of the Goreh-Jask oil transfer project’s storage tanks said that according to the planning done for Makran region, 10 million barrels of storage capacity will not definitely meet the need in the future, so increasing storage capacity in the second and third phases is inevitable.
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2021-08-03 10:30
Monthly exports from mining sector stands at $1.29b
TEHRAN- The value of Iran’s export from the mining sector stood at $1.29 billion in the third Iranian calendar month Khordad (May 22-June 21), which was a record high, the data released by the Islamic Republic of Iran Customs Administration (IRICA) indicates.
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2021-08-02 16:55
By Mahnaz Abdi
National Housing Action Plan to provide affordable houses for variable groups
It was in the winter of 2018 when Iranian Transport and Urban Development Ministry launched the National Housing Action Plan, which includes the construction of 400,000 small and medium-sized apartments (70-100 square meters in size) across the country and particularly in Tehran, where housing prices have risen most sharply.
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2021-08-02 15:07
Major projects inaugurated in South Pars
TEHRAN – With the completion of all 37 offshore platforms of Iran’s giant South Pars gas field, which the country shares with Qatar in the Persian Gulf, the offshore sector of the field was officially inaugurated by President Hassan Rouhani on Sunday.