NPC eyes $100b investment to expand petrochemical sector

TEHRAN – Iran’s National Petrochemical Company (NPC) is seeking to attract $100 billion in domestic and foreign investment to complete semi-finished projects and expand the country’s petrochemical value chain, a senior official said on Tuesday.

Iran taps knowledge-based firms to boost clean energy production

TEHRAN – Iran is turning to knowledge-based companies to help tackle its growing energy imbalance by promoting clean power generation, according to the head of the Industrial Development and Renovation Organization of Iran (IDRO).

Iran, Kazakhstan pledge closer transport ties via INSTC

TEHRAN – Iran’s Minister of Transport and Urban Development Farzaneh Sadegh and Kazakhstan’s Minister of Transport Nurlan Sauranbayev have agreed to strengthen transportation cooperation and jointly draft a roadmap focused on boosting transit through the International North–South Transport Corridor (INSTC).

Tehran, Baku urge acceleration of joint border projects

TEHRAN – Iran’s Minister of Transport and Urban Development Farzaneh Sadegh and Azerbaijan’s Deputy Prime Minister Shahin Mustafayev have stressed the need to accelerate the implementation of joint border projects, including the Astara border terminal and under-construction bridges along the frontier.

Iran's intl. distribution industry expo opens with strong private sector presence

TEHRAN - The 7th International Exhibition and Conference on Iran’s Distribution Industry opened Tuesday afternoon, August 5, with the participation of Tehran Chamber of Commerce Head Mahmoud Najafi Arab and a broad presence from the private sector.

By Xu Yawen

The Forgotten Front: How China's War of Resistance Against Japanese Aggression Shaped WWII Victory

BEIJING- As we commemorate the 80th anniversary of China’s victory in the War of Resistance Against Japanese Aggression and the World Anti-Fascism War, it is time to re-examine the Eastern Front – a theater of war too often overlooked, despite the pivotal role it played in defeating fascism.

TEDPIX loses 35,000 points on Tuesday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), dropped 35,000 points to 2.589 million on Tuesday, which is the fourth day of the Iranian calendar week.

Liquefied propane, Iran's major exported non-oil product in 4 months

TEHRAN- As announced by the head of the Islamic Republic of Iran Customs Administration (IRICA), liquefied propane was the major non-oil products Iran exported in the first four months of the current Iranian calendar year (March 21–July 22).

ICT exports seen as strategic lifeline for tech-driven economic growth

TEHRAN - Samad Hassanzadeh, head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), called for prioritizing information and communication technology (ICT) exports as a strategic solution to overcome economic constraints and accelerate knowledge-based growth.

TCCIMA to dispatch trade delegation to Almaty in early September

TEHRAN- Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will send a trade delegation to Astana, the capital of Kazakhstan, in early September.