Today News
  • project 2021-06-29 15:14

    Water, electricity projects worth over $102m put into operation

    TEHRAN - Energy Minister Reza Ardakanian on Tuesday inaugurated five major water and electricity industry projects valued at 4.32 trillion rials (about $102.8 million) through a video conference in the 13th week of the ministry’s A-B-Iran program in the current Iranian calendar year (started on March 21).

  • Car manufacturing 2021-06-29 11:22

    Major automakers manufacture 203,500 vehicles in a quarter

    TEHRAN - Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 203,529 vehicles during the first quarter of the current Iranian calendar year (March 21- June 21), the data released by Codal website showed.

  • NPC 2021-06-28 16:24

    Petchem industry to add 22 new products to output basket

    TEHRAN – National Petrochemical Company (NPC)’s Director of Planning and Development Hassan Abbaszedeh has said the implementation of 33 new pioneering projects is going to add 22 new products to the country’s petrochemical products basket.

  • china 2021-06-28 15:54

    Iran-China 5-month trade stands at $5.5b

    TEHRAN - The value of trade between Iran and China reached $5.5 billion in the first five months of 2021, registering a 14-percent decline compared to the figure for the previous year’s same period.

  • steel 2021-06-28 12:21

    Iran ranked world’s 10th largest steelmaker in Jan.-May 2021: WSA

    TEHRAN - Iran was ranked the world’s tenth-largest steel producer in the first five months of 2021, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced referring to the latest data released by the World Steel Association (WSA).

  • Copper concentrate 2021-06-27 16:39

    Nearly 215,000 tons of copper concentrate produced in 2 months

    TEHRAN- Iran produced 214,854 tons of copper concentrate during the first two months of the current Iranian calendar year (March 21-May 21), which was three percent more than the figure for the same period of time in the past year.

  • petchem 2021-06-27 16:24

    Iran’s Q1 petchem output up 7% yr/yr

    TEHRAN- Petrochemical production has risen seven percent in Iran during the first three months of the current Iranian calendar year (March 21-June 21), compared to the same period of time in the past year, according to an official in the National Petrochemical Company (NPC).

  • goreh 2021-06-27 15:19

    Domestic manufacturers supply 80% of equipment used in Goreh-Jask pipeline project

    TEHRAN – More than 80 percent of the equipment, machinery, and technical parts used in the strategic Goreh-Jask pipeline project have been supplied by domestic companies, the former Acting Industry, Mining, and Trade Minister Hossein Modarres Khiabani has said.

  • Dehqan Dehnavi 2021-06-26 17:05

    By Mahnaz Abdi

    ‘Capital market capacities at the service of production growth’

    TEHRAN- The head of Iran’s Securities and Exchange Organization (SEO) stated that the capacities of the country’s capital market are at the service of production growth.

  • electricity 2021-06-26 15:52

    By Ebrahim Fallahi

    Long-term solutions for electricity crisis

    TEHRAN – Over the past few years, numerous articles and news pieces have been written on Iran’s electricity issues that have become more intensified recently due to the severe drought and the significant increase in the temperature across the country, and also illegal activities of cryptocurrency miners.

  • EAEU 2021-06-26 15:51

    100 Eurasian companies to participate in Iran’s 1st EAEU exclusive expo

    TEHRAN – More than 100 companies from the member states of the Eurasian Economic Union (EAEU) are scheduled to participate in Iran’s first exclusive EAEU exhibition which is due to be held during July 9-12 in Tehran, the exhibition’s director told IRIB.

  • mahshahr 2021-06-26 15:44

    Construction of mega petrochemical complex begins in southwestern Iran

    TEHRAN - Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) has started the construction of a mega petrochemical complex in the Mahshahr region, southwestern Iran, Shana reported on Saturday.

  • Trade 2021-06-25 12:09

    Quarterly non-oil exports increase 69% yr/yr

    TEHRAN - The value of Iran’s non-oil exports reached $10.7 billion in the first three months of the current Iranian calendar year (March 21-June 21), up 69 percent compared to the last year’s same period, IRNA reported quoting the head of the Islamic Republic of Iran Customs Administration (IRICA).

  • NIGC 2021-06-25 12:09

    Zanganeh inaugurates gas supply projects in 6 provinces

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh, on Thursday, inaugurated numerous gas supply projects with a total investment of 63.31 trillion rials (about $1.5 billion) in six provinces through video conference, Shana reported.

  • TSE 2021-06-25 12:09

    TSE’s main index gains 66,000 points in a week

    TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 66,000 points in the past Iranian calendar week.

  • projects 2021-06-23 16:11

    Water, electricity projects worth nearly $215m inaugurated in 8 provinces

    TEHRAN – Iranian Energy Minister Reza Ardakanian on Wednesday inaugurated 24 major water and electricity industry projects valued at 9.028 trillion rials (about $214.9 million) through video conference in eight provinces.

  • TSE 2021-06-23 15:01

    TSE re-elected as FEAS board member

    TEHRAN - Tehran Stock Exchange (TSE) has been elected once again as a main member of the Board of Directors at the Federation of Euro-Asian Stock Exchanges (FEAS), IRNA reported.

  • Housing 2021-06-23 11:43

    By Mahnaz Abdi

    Can CGT increase homebuyers’ purchasing power?

    TEHRAN- During an open session of the parliament on May 26, the Iranian MPs approved the general outline of capital gains tax (CGT) plan.

  • copper cathode 2021-06-22 16:12

    Production of copper cathode up 16% in 2 months yr/yr

    TEHRAN- Iran’s production of the copper cathode has increased 16 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.

  • Qatar 2021-06-22 14:41

    8th meeting of Iran-Qatar joint economic committee to be held in Doha soon

    TEHRAN - Iranian Energy Minister Reza Ardakanian and Qatar’s Minister of Commerce and Industry Ali bin Ahmed Al Kuwari, who are the chairs of the two countries’ Joint Economic Committee, held online talks on Tuesday and expressed hope that the next meeting of the committee will be held in Doha in near future.

  • NIOC 2021-06-22 14:41

    By Ebrahim Fallahi

    NIOC pushing EOR projects in preparation for oil market return

    TEHRAN – As Vienna nuclear talks between Iran and world powers show signs of progress, the National Iranian Oil Company (NIOC) is also getting prepared for boosting the country’s oil output to pre-sanction levels or even higher.

  • projects 2021-06-21 14:25

    Development projects worth $14.7b inaugurated in free trade, special economic zones

    TEHRAN – Some 52 development projects worth 620 trillion rials (over $14.7 billion) were put into operation or commenced in Iran’s free trade and special economic zones on Monday, in the 74th series of inauguration ceremonies since the previous Iranian calendar year (ended on March 20).

  • allahyar 2021-06-21 11:53

    Iran among the leading countries in maritime telecommunications

    TEHRAN – Mohammad-Reza Allahyar, the deputy of engineering and infrastructure development at Iran’s Ports and Maritime Organization (PMO), has said Iran is among the world’s leading countries in maritime technologies and telecommunications.

  • Trade 2021-06-21 10:42

    Exports to Syria jumps 73% in 2 months on year

    TEHRAN- Iran’s value of export to Syria hit $49 million during the first two months of the current Iranian calendar year (March 21-May 21), which was 73 percent higher than the figure for the same period of time in the past year, a director in Iran’s Trade Promotion Organization (TPO) announced.

  • Industrial units 2021-06-20 15:39

    Issuance of industrial unit establishment permits rises 27% in 2 months

    TEHRAN – According to the latest data released by Iran’s Industry, Mining and Trade Ministry, during the first two months of the current Iranian calendar year (March 21-May 21) 6,489 permits have been issued for establishing new industrial units in the country, which marked a 27-percent increase year on year.

  • nuts 2021-06-20 14:51

    Exports of dried fruits, nuts up 36% in 2 months yr/yr

    TEHRAN – The value of the Iranian exports of dried fruits, nuts and seeds in the first two months of the current Iranian calendar year (March 21-May 21) increased by 36 percent compared to the same period last year, a senior official at Iran’s Trade Promotion Organization (TPO) said.

  • MOU 2021-06-20 14:25

    Research institutes ink MOU to co-study Oman Sea gas reserves

    TEHRAN - Research Institute of Petroleum Industry (RIPI) and the Iranian National Institute for Oceanography and Atmospheric Science have signed a memorandum of understanding (MOU) for cooperation in studying gas hydrate resources in the Oman Sea, Shana reported.

  • industry 2021-06-20 14:25

    Over $2.3b of facilities paid to SMEs, semi-finished projects in 2 months

    TEHRAN - Iran’s Ministry of Industry, Mining and Trade’s data show that 99.161 trillion rials (about $2.36 billion) has been paid to small and medium-sized enterprises (SMEs) and semi-finished industrial projects with an over 60 percent physical progress during the first two months of the current Iranian calendar year (March 21-May 21).

  • agriculture 2021-06-19 16:30

    Agricultural, foodstuff exports bring Iran $896m of revenues in 2 months

    TEHRAN – Iran exported over $896 million worth of agricultural and foodstuff products in the first two months of the current Iranian calendar year (March 21-May 21), according to the Deputy Agriculture Minister Ahmad-Ali Keykha.

  • TSE 2021-06-19 16:29

    By Mahnaz Abdi

    Capital market’s unprecedented growth in 2 years

    TEHRAN- Over the past two years, a number of factors affecting Iranian economy have created a new status in the country’s capital market, in a way that this market experienced such a growth in the past Iranian calendar year 1399 (ended on March 20) that was never seen in its history of more than 50 years.