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2021-05-15 13:24
By Ebrahim Fallahi
Iran taking big steps for development of free trade, special economic zones
TEHRAN – Over the past two decades, free and special economic zones have played a significant role in Iran’s economy, and the Iranian government has been seriously pursuing a program for the development of the existing zones and establishing new ones.
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2021-05-14 13:42
NPC’s plan for diversifying petchem products underway
TEHRAN – Managing director of National Petrochemical Company (NPC) said the company is seriously pursuing a plan for diversifying the product basket of the country’s petrochemical industry by implementing new projects in the downstream sector.
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2021-05-14 13:41
TSE experiences a slight weekly growth of its main index
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 11,000 points, or one percent, in the past Iranian calendar week.
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2021-05-14 13:38
Development projects worth $1.47b inaugurated in free trade, special economic zones
TEHRAN – President Hassan Rouhani on Thursday inaugurated numerous projects valued at 62 trillion rials (about $1.47 billion) in the free trade and special economic zones of five different provinces across the country in an online event.
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2021-05-11 15:03
Gas condensate output expected to reach 1.3m bpd by Mar. 2022
TEHRAN – Iran’s gas condensate production is expected to reach 1.3 million barrels per day (bpd) by the end of the current Iranian calendar year (March 20, 2022), the Iranian Oil Ministry announced.
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2021-05-11 13:49
Electricity projects worth over $320m put into operation
TEHRAN – Iranian Energy Minister Reza Ardakanian inaugurated major electricity projects worth 13.45 trillion rials (about $320.2 million) across the country on Tuesday, in the sixth week of the ministry’s A-B-Iran program in the current Iranian calendar year (started on March 21).
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2021-05-11 13:13
Domestic knowledge-based companies to build ICT, electronic equipment for ports
TEHRAN – Iranian knowledge-based companies have signed four deals with the Ports and Maritime Organization (PMO) for manufacturing electronic as well as Information and Communications Technology (ICT) equipment for the country’s ports.
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2021-05-10 15:58
Iran’s annual saffron exports exceed $190m
TEHRAN - Iranian saffron farmers exported 324.589 tons of products worth over $190 million to 60 foreign destinations during the previous Iranian calendar year (ended on March 20), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2021-05-10 15:28
Cellphone prices fall 10-15% in Iranian market
TEHRAN - The price of some cellphone models has dropped 10-15 percent in Iran in recent days following the drop in U.S. dollar exchange rates, an official with the Iranian Association of Cellphone, Tablet, and Accessories Importers announced on Monday.
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2021-05-10 12:29
Lifting banking sanctions a must for nuclear negotiations to succeed: CBI
TEHRAN – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday that guaranteed and comprehensive lifting of sanctions against the country’s banking system is a priority for Iran in order for the nuclear talks to proceed.
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2021-05-09 14:29
Iran ranks 1st among West Asia’s top electricity producers
TEHRAN - Deputy Head of Iran Electricity Industry Syndicate said Iran is currently the region’s top country in terms of power generation with over 85 gigawatts of installed capacity, IRNA reported.
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2021-05-09 13:44
Over 130,000 public transport vehicles to become dual-fuel
TEHRAN - The Director of the National Iranian Oil Refining and Distribution Company (NIORDC)’s compressed natural gas (CNG) programs Mohammad-Hossein Baqeri has said that 132,000 public transport vehicles are going to become dual-fueled across the country.
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2021-05-09 13:13
Nearly 10,000 national housing units ready to be handed over to applicants
TEHRAN- Iran’s deputy transport and urban development minister announced that nearly 10,000 national housing units are ready to be handed over to the applicants.
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2021-05-08 16:18
By Mahnaz Abdi
Maritime sector to realize ‘supporting production, eliminating obstacles’
Based on the latest statistics, over 80 percent of cargo transportation in the world is conducted through sea, which highlights the significance of maritime transportation.
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2021-05-08 15:49
Business environment improves in last calendar year’s Q4
TEHRAN - Iran’s Business Environment Index improved by 0.13 percent in the winter, the fourth quarter of the previous Iranian calendar year (December 21, 2020-March 20, 2021), data released by the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Research Center showed.
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2021-05-08 13:13
Iran, India discuss removing trade barriers, expanding ties
TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) held online talks with Indian Ambassador to Tehran Gaddam Dharmendra to discuss removing trade barriers and expansion of ties.
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2021-05-07 14:10
Trade rising between Iran, Syria
TEHRAN- The chairman of Iran-Syria Joint Chamber of Commerce said that trade is rising between the two countries.
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2021-05-07 13:39
Iran’s annual petrochemical exports up 13%
TEHRAN – Iranian exports of petrochemical products increased by 13 percent in the previous Iranian calendar year (ended on March 20) compared to the preceding year, general secretary of Iran's Association of Petrochemical Industry Corporation (APIC) said.
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2021-05-07 13:38
20 new free trade, special economic zones to be established in Iran
TEHRAN - The Secretary of Iranian Free Zones High Council Hamidreza Mo’meni announced the approval for the establishment of 13 new special economic zones and seven free trade zones across the country, IRNA reported.
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2021-05-07 13:38
Iran’s annual petrochemical exports up 13%
TEHRAN – Iranian exports of petrochemical products increased by 13 percent in the previous Iranian calendar year (ended on March 20) compared to the preceding year, general secretary of Iran's Association of Petrochemical Industry Corporation (APIC) said.
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2021-05-05 13:28
Urban Development Ministry provides land for 81,000 national housing units
TEHRAN – Iranian Transport and Urban Development Ministry has provided Housing Foundation of the Islamic Revolution with land for the construction of 81,000 housing units under the framework of the National Housing Action Plan.
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2021-05-05 13:28
Over 140m Kwh of electricity generated from renewable sources in a month
TEHRAN – Iranian renewable power plants generated over 140 million kilowatt-hours (Kwh) of electricity in the first month of the current Iranian calendar year (March 21- April 20), IRNA reported.
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2021-05-05 11:43
Monthly transit of goods via Shahid Rajaee port up 160% yr/yr
EHRAN- Transit of goods through Shahid Rajaee port, Iran’s largest and best-equipped container port, increased 160 percent in the first month of the current Iranian calendar year (March 21-April 20), as compared to the same period of time in the past year, according to a provincial official.
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2021-05-04 12:48
Overhaul operation starts in South Pars platforms
TEHRAN- A director in Pars Oil and Gas Company, who is in charge of developing Iran’s giant South Pars gas filed in the Persian Gulf, announced the beginning of the overhaul operation in 31 gas platforms of the field.
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2021-05-04 12:33
Mining sector records annual positive trade balance
TEHRAN – Iranian mining industry has registered a $4.271 billion positive trade balance in the previous Iranian calendar year (ended on March 20), according to the Industry, Mining and Trade Ministry data.
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2021-05-04 12:28
Water projects worth over $37m inaugurated
TEHRAN – Iranian Energy Minister Reza Ardakanian on Tuesday inaugurated seven major water industry projects valued at 1.57 trillion rials (about $37.3 million) through video conference in five provinces, IRNA reported.
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2021-05-02 15:13
Tehran, Ashgabat discuss expansion of oil co-op
TEHRAN – Managing Director of Iran’s Khazar Exploration and Production Company (KEPCO) Ali Osouli met with Turkmenistan’s Ambassador to Tehran Ahmad Ghorbanov to discuss expansion of cooperation in the oil industry.
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2021-05-02 15:12
Baghdad ready to pay off gas debts to Tehran
TEHRAN – Iran and Iraq have reached an agreement on the ways for settling Baghdad’s gas debts to Tehran, Iraqi Electricity Minister Majid Mahdi Hantoush announced after a meeting with Iranian Energy Minister Reza Ardakanian in Tehran on Sunday.
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2021-05-02 13:29
Exports from Shahid Rajaee port rises 59% in a month on year
TEHRAN- Exports from Shahid Rajaee port, Iran’s largest and best-equipped container port, increased 59 percent in the first month of the current Iranian calendar year (March 21-April 20), as compared to the same period of time in the past year, according to a provincial official.
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2021-05-01 15:45
Iran continues to raise oil output in April: survey
TEHRAN – Iran has continued boosting its crude oil output in April as the country is getting prepared for a comeback into the oil market, a survey conducted by Reuters showed.