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2024-02-16 13:00
Construction of 5 solar parks underway across Iran
TEHRAN – The head of the technical office of Iran Small Industries and Industrial Parks Organization (ISIPO) has said that five solar parks are currently being constructed across the country, Mehr News Agency reported.
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2024-02-16 13:00
Iran, Armenia ink 19 co-op documents during 18th Joint Economic Committee meeting
TEHRAN - The 18th meeting of the Iran-Armenia Joint Economic Committee was held in Tehran during February 14-15, in which the two sides signed 19 documents and memorandums of understanding (MOUs) to enhance cooperation in various areas.
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2024-02-14 13:30
Uzbek envoy calls for establishing Iran-Uzbekistan economic co-op club
THRAN – Uzbekistan’s Ambassador to Tehran Fariddin Nasriyev, in a meeting with Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Samad Hassanzadeh on Tuesday, called for establishing an Iran-Uzbekistan Economic cooperation club, the ICCIMA portal reported.
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2024-02-14 13:29
Iran’s 10-month trade with SCO members rises 5.5%
TEHRAN – Iran’s 10-month trade with the members of the Shanghai Cooperation Organization (SCO) has increased by 41 percent in terms of weight and 5.5 percent in value compared to figures reported in last year’s corresponding period.
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2024-02-14 12:57
Iran-India annual trade exceeds $1.8b
TEHRAN- The value of trade between Iran and India reached $1.836 billion in 2023, according to India’s Ministry of Commerce and Industry.
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2024-02-13 13:03
Building petro-refineries to increase Iran’s refining capacity by 30%
TEHRAN – Iran’s Deputy Oil Minister for Planning Affairs has said constructing petro-refineries across Iran is going to increase the country’s refining capacity by 30 percent, which is from 2.3 million barrels to 3.0 million barrels.
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2024-02-13 12:59
Renovating power plant equipment saves Iran $200m
TEHRAN – The managing director of Iran Power Plant Repairs Company has said renovating power plant equipment and parts has saved the country $200 million a year, IRNA reported.
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2024-02-13 12:19
Iranian ports’ capacity hits 290m tons
TEHRAN - The capacity of Iranian ports has increased to 290 million tons, according to the head of the country’s Ports and Maritime Organization (PMO).
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2024/02/12
By Mona Hojat Ansari
Taking the sting out of sanctions
Iran showcases domestic capabilities achieved during embargo
TEHRAN - When Donald Trump announced that he was re-imposing sanctions on Iran, and even intensifying them, the future began to look bleak and uncertain for me and the large population of Iranian youth.
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2024-02-12 14:36
Domestic manufacturers in deals worth $86m to build 10 vessels for IRISL
TEHRAN – The Islamic Republic of Iran Shipping Lines (IRISL) has signed deals worth $86 million with domestic manufacturers for building 10 vessels for the country’s shipping fleet, Fars News Agency reported.
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2024-02-12 14:30
Major electricity projects financed by foreign investors underway in Iran
TEHRAN – The Iranian Energy Ministry is implementing 61 major electricity projects that have been financed by foreign investment in the north and northeast of the country, according to the country’s Power Generation, Distribution, and Transmission Company (known as Tavanir).
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2024-02-12 13:30
Public transportation fleet to receive 2,500 electric vehicles by late March
TEHRAN – Iran’s public transportation fleet is expected to receive 2,500 electric vehicles by the end of the current Iranian calendar year (March 19), an official with the Industry, Mining and Trade Ministry said.
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2024-02-11 12:53
TPO head stresses need for resolving problems of industrial units
TEHRAN – The Head of Iran’s Trade Promotion Organization (TPO) Mehdi Zeyghami has stressed the need for removing the barriers in the way of the activities of production units active in the country’s industrial parks.
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2024-02-11 12:53
Non-oil trade with neighbors reaches nearly $50b in 10 months
TEHRAN – The value of Iran’s non-oil trade with its neighbors reached $49.83 billion during the first 10 months of the current Iranian calendar year (March 21, 2023-January 19, 2024), the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade said.
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2024-02-11 12:36
NIOC to ink deals worth $14b to develop oil, gas fields by late March
TEHRAN – The head of the National Iranian Oil Company (NIOC) has said the company is going to ink contracts worth $14 billion with domestic companies for the development of the country’s oil and gas fields by the end of the current Iranian calendar year (March 19).
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2024-02-10 08:06
Over 20m tons of garden products produced in Iran per annum
TEHRN- As announced by the chairman of Iran’s Horticultural Sciences Research Institute (HSRI), over 20 million tons of garden products are produced in the country every year.
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2024-02-10 07:59
Sponge iron export rises over 109% in 10 months on year
TEHRAN- Iran’s export of sponge iron rose 109.9 percent during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period of time in the past year, Bahram Sobhani, the chairman of the Iranian Steel Producers Association (ISPA), announced.
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2024-02-09 06:39
Number of National Housing Movement units exceeds 2.1m
TEHRAN- The number of National Housing Movement units has exceeded 2.1 million throughout the country, Hadi Abbasi, the deputy Transport and Urban Development Minister for the housing and construction, announced.
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2024-02-09 06:27
Over 95% of Iran’s population enjoy natural gas
TEHRAN- Based on the released data, 95.54 percent of Iran’s population enjoys natural gas at the present.
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2024-02-09 06:16
Steel products export up 5.1% in 10 months on year
TEHRAN- Iran’s export of steel products rose 5.1 percent during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period of time in the past year, Bahram Sobhani, the chairman of the Iranian Steel Producers Association (ISPA), announced.
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2024-02-06 13:43
Monthly road transit record broken after 10 years
TEHRAN- The head of Iran Road Maintenance and Transportation Organization (RMTO) announced that the record of monthly transit of goods via Iran’s roads was broken in the tenth month of the current Iranian calendar year (December 22, 2023-Jnuary 20, 2024), after ten years.
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2024-02-06 13:26
‘Boosting production & export, approach of free trade, special economic zones’
TEHRAN- The Secretary of Iran’s Free Zones High Council Hojatollah Abdolmaleki said that the approach of these zones is to strengthen domestic production and increase the export of domestically produced products.
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2024-02-06 12:59
Iran’s annual greenhouse output stands at 4m tons
TEHRAN- Iran’s deputy agriculture minister for horticulture affairs announced the annual production of four million tons of quality greenhouse products in the country.
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2024-02-05 13:48
Railway fleet receives 685 domestically made wagons, locomotives
TEHRAN- The Iranian railway fleet received 685 new domestically-made or renovated wagons and locomotives worth 33.58 trillion rials (about $67.7 million), in a ceremony on Monday.
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2024-02-05 13:48
Iran calls for expanding ties with Romania, especially in machinery sector
TEHRAN – The head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has said the country welcomes the expansion of economic ties with Romania, especially in the machinery sector, the ICCIMA portal reported.
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2024-02-05 12:48
Agro-food exports rise 22% in 10 months on year
TEHRAN – The value of Iran’s exports of agricultural and foodstuff products increased by 22 percent in the first 10 months of the current Iranian calendar year (March 21, 2023-January 20, 2024), the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade said.
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2024-02-04 13:35
Oji meets with Venezuela’s top officials to discuss expansion of ties
TEHRAN – Iranian Oil Minister Javad Oji, who traveled to Venezuela on Wednesday, has visited with Venezuela’s senior officials including the country’s oil and foreign ministers to explore ways to expand economic ties.
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2024-02-04 09:45
Loading, unloading of goods in Bushehr ports up 5% in 10 months yr/yr
TEHRAN – The loading and unloading of goods in the ports of Bushehr province, in the southwest of Iran, increased by five percent in the first ten months of the present Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period in the past year, a provincial official announced.
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2024-02-04 09:42
Production of iron ore concentrate rises 6% in 9 months on year
TEHRAN- The production of iron ore concentrate in Iran increased by six percent in the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2023), as compared to the same period of time in the past year, according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
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2024-02-03 15:27
Loading, unloading of oil products in ports up 4% in 10 months yr/yr
TEHRAN- The loading and unloading of oil products in the ports of Iran increased by four percent in the first ten months of the present Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period in the past year, the country’s Ports and Maritime Organization (PMO) announced.