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2020-03-10 15:05
Iran’s installed electricity generation capacity at 83.35GW
TEHRAN – Iran’s total installed electricity generation capacity has reached 83,350 megawatts (MW) or 83.35 gigawatts (GW), IRNA reported on Tuesday, quoting the Deputy Energy Minister Homayoon Haeri.
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2020-03-10 13:47
Iran-EAEU trade exceeds $1.2b in 11 months
TEHRAN- The value of trade between Iran and Eurasian Economic Union (EAEU)’s member states reached $1.244 billion during the first eleven months of the current Iranian calendar year (March 21, 2019-February 19, 2020), according to the spokesman of Islamic Republic of Iran Customs Administration (IRICA).
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2020-03-10 12:32
Iran to set up pavilion at Syria’s BUILDEX 2020
TEHRAN- Iran plans to set up a pavilion at Syria’s 17th International Exhibition for Construction (BUILDEX 2020), which is going to be held during June 10-14, Iran’s Trade Promotion Organization (TPO) published on its website.
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2020-03-10 12:17
Major electricity projects worth $1.7b inaugurated in 5 provinces
TEHRAN- Iranian Energy Minister Reza Ardakanian inaugurated 25 major electricity projects worth 71.81 trillion rials (about $1.709 billion) in five provinces on Tuesday, Tasnim news agency reported.
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2020-03-09 15:29
Stocks plummet on Monday
TEHRAN- Iranian stock markets faced some sharp decline on Monday, IRNA reported.
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2020-03-09 14:43
IMIDRO identifies 760 new promising mineral zones
TEHRAN – Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that his organization has managed to identify over 760 new promising mineral zones across the country, IRIB reported on Monday.
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2020-03-09 14:42
Industry Ministry to facilitate imports of healthcare products
TEHRAN – Iranian Industry, Mining, and Trade Ministry has released a statement offering companies active in the field of importing hygiene and healthcare products facilitative services, IRIB reported on Sunday.
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2020-03-09 14:37
Govt., private sector hold talks on coronavirus containment
TEHRAN – Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), Masoud Khansari, met with the Head of Coronavirus Combat Operations Headquarters, Alireza Zali, in Tehran on Monday to discuss ways of collaboration between the private sector and the government for containing coronavirus.
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2020-03-09 14:37
Iran’s oil rig operations ongoing despite coronavirus outbreak
TEHRAN – Head of National Iranian Drilling Company (NIDC) says despite the coronavirus outbreak, all operations in the country’s oil and gas rigs are ongoing in full compliance with safety and healthcare standards, Shana reported.
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2020-03-08 14:00
Industry ministry authorizes 17 companies to import healthcare products
TEHRAN – Iranian Industry, Mining, and Trade Ministry has sent the list of 17 companies authorized for importing healthcare products to the Health Ministry.
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2020-03-08 13:08
Honey output at over 112,000 tons in nearly a year
TEHRAN- Director of Iranian Agriculture Ministry’s beekeeping development plan said over 112,000 tons of honey was produced in the country during the current Iranian calendar year (ends on March 19), about 22,000 tons more than the figure for the previous year, ILNA reported.
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2020-03-08 13:08
Iran to set up pavilion at Syria’s MEDICARE 2020
TEHRAN- Iran plans to set up a pavilion at Syria’s 17th International Medical Exhibition (MEDICARE 2020), which is going to be held during June 2-5, Iran’s Trade Promotion Organization (TPO) published on its website.
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2020-03-08 13:08
Iran designs AVC system for hydroelectric power plants
TEHRAN – Iranian experts and engineers have indigenized the knowledge for manufacturing automatic voltage control (AVC) system, which is high-technology equipment used in hydroelectric power plants, IRNA reported.
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2020-03-08 13:07
Last offshore platform of South Pars phase 13 installed
TEHRAN - Platform 13C, the fourth and last platform of phase 13 of Iran’s South Pars gas field’s development project, was installed on its designated offshore spot on Saturday evening, Public Relations Department of Pars Oil and Gas Company (POGC), which is in charge of developing the gas field, announced.
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2020-03-08 12:34
Commodities worth over $1b traded at IME in a week
TEHRAN- Some 735,525 tons of commodities valued at $1.047 billion were traded at Iran Mercantile Exchange (IME) during the past Iranian calendar week (ended on Friday).
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2020-03-07 18:11
Iran saves $7bn with indigenizing industries in 5yrs.: cmdr.
TEHRAN – Khatam-al Anbiya Construction Headquarters managed to save the country more than $7 billion by localizing the equipment in some industries including oil and gas within five years, according to its commander.
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2020-03-07 17:51
Mehran border crossing to suspend goods transit for one week
TEHRAN – The Mehran crossing on the Iran-Iraq border will be closed on Sunday for one week in line with the plans to contain the spread of the new coronavirus.
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2020-03-07 17:41
Iran’s Mahan Air to bring home Iranian passengers from India
TEHRAN – After five days of waiting for Iranian passengers stranded in India due to coronavirus fears, a permit was issued for Iran’s Mahan Air for returning the passengers home
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2020-03-07 16:28
Official urges govt., private sector to set up taskforce to spur export amid coronavirus outbreak
TEHRAN – Head of Energy Commission of Tehran Chamber of Commerce Hamid-Reza Salehi on Sat. called on government and private sector to set up Economy-Industry Headquarters amid the outbreak of the novel coronavirus in the country.
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2020-03-07 09:32
‘OPEC, non-OPEC agreement reachable before April’
TEHRAN- Iranian Minister of Petroleum Bijan Namdar Zanganeh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March., Shana reported.
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2020-03-06 07:43
Oil market reeling from supply glut: Zanganeh
TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh says there is an oversupply in the crude oil market, saying OPEC and non-OPEC producers need to discuss how to ensure market balance.
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2020-03-04 15:20
IIEC to hold Tehran's virtual exhibits under coronavirus outbreak
TEHRAN- Iran International Exhibitions Company (IIEC) plans to host exhibitions, due to be held in Tehran, virtually for the first time as the coronavirus outbreak has put the country in danger.
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2020-03-04 14:47
More growth for stock markets on Wednesday
TEHRAN- Iran’s two major stock markets, i.e Tehran Stock Exchange (TSE) and Iran’s over-the-counter (OTC) market known as Iran Fara Bourse (IFB), witnessed some more growth on Wednesday, IRNA reported.
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2020-03-04 14:44
Economic bodies call on govt. to support businesses against coronavirus outbreak
TEHRAN – Heads of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), Iran Chamber of Cooperatives (ICC), and Iran Chamber of Guilds (ICG), in a letter to President Hasan Rouhani, called for special measures to be taken for supporting various economic sectors at least until the end of the next summer (September 22, 2020) amid the coronavirus outbreak.
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2020-03-04 14:44
TPO’s foreign trade council holds meeting amid Covid-19 outbreak
TEHRAN - Iranian Trade Promotion Organization (TPO)’s Foreign Trade Coordination Council held an extraordinary meeting to explore ways of facilitating trade exchanges with the neighboring counties amid the coronavirus outbreak, the TPO portal announced.
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2020-03-04 14:44
Zanganeh arrives in Vienna to attend OPEC meeting
TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh arrived in Vienna on Wednesday to take part in the 178th Meeting of the Organization of the Petroleum Exporting Countries (OPEC), Shana news agency reported.
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2020-03-04 14:44
Majlis releases draft of revised budget bill for next year
TEHRAN – Iranian parliament’s ad hoc budget review committee has released the revised version of the administration’s budget bill for the next Iranian calendar year (starting March 20), after the Leader of Islamic Revolution Ayatollah Ali Khamenei approved the parliament’s request for taking necessary actions on the matter.
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2020-03-04 14:43
Daily gasoline consumption falls to 70m liters
TEHRAN – Average daily gasoline consumption in Iran has fallen another 10 percent to reach 70 million liters following the implementation of the rationing scheme, according to National Iranian Oil Products Distribution Company (NIOPDC)’s planning director.
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2020-03-03 15:41
Budget review committee OKs €2.795b withdrawal from NDF
TEHRAN - Iranian parliament’s ad hoc budget review committee has passed a bill to allow withdrawing €2.795 billion from the National Development Fund (NDF) for compensating the next calendar year’s budget deficits.
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2020-03-03 15:40
Plan for reviving small mines progresses over 95%: IMIDRO
TEHRAN – Over 95 percent of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)’s plan for reviving small mines across the country has been realized in the first 11 months of the current Iranian calendar year (March 21, 2019-February 19, 2020).
