• Persian Gulf Star Refinery capacity rises 3m liters

    Persian Gulf Star Refinery capacity rises 3m liters

    TEHRA- With the implementation of major repairs in the gasoline production unit of phase two of the Persian Gulf Star Refinery and the installation of a new heat exchanger for this unit, the production capacity of gasoline at the world's largest gas condensate refinery has been increased by three million liters.

  • Tehran, Tashkent eye joint investment fund to boost economic ties

    Tehran, Tashkent eye joint investment fund to boost economic ties

    TEHRAN – A senior Uzbek delegation welcomed Iran's proposal to establish a joint investment fund during a high-level meeting with the National Development Fund of Iran, as both countries explore broader economic cooperation spanning energy, infrastructure, and mining.

  • Over 1,300 idle industrial units revived in a year

    Over 1,300 idle industrial units revived in a year

    TEHRAN – Iran revived 1,344 idle industrial units across the country in the past Iranian calendar year (ended on March 20) as part of efforts to boost production capacity and bring workers back to factories, according to a senior official from the Ministry of Industry, Mining and Trade.

  • Iran seeks closer agricultural ties with BRICS members

    Iran seeks closer agricultural ties with BRICS members

    TEHRAN - Iran's Agriculture Minister said the country’s relations with BRICS members are set to deepen, following Tehran’s active participation in the 15th BRICS Agriculture Ministers Meeting, IRIB reported.

  • Iran’s annual hand-made carpet export value up about 4%

    Iran’s annual hand-made carpet export value up about 4%

    TEHRAN- Iran's handmade carpet exports have experienced approximately a four-percent growth in value in the past Iranian calendar year (ended on March 20), after two decades of decline, according to Zahra Kamani, the head of Iran National Carpet Center.

  • Mashhad to host investment expo aimed at boosting industrial financing

    Mashhad to host investment expo aimed at boosting industrial financing

    TEHRAN – The International Exhibition of Exchange, Banking, Insurance, Privatization, and Investment Opportunities will be held from May 21 to 24 at the permanent fairground in Mashhad, providing what organizers say is a valuable platform for financing production and attracting investment.

  • South Pars phase 11 gas output hits 20 mcm/d

    South Pars phase 11 gas output hits 20 mcm/d

    TEHRAN – Gas production from Phase 11 of the South Pars field has reached 20 million cubic meters per day (mcm/d) following the completion and commissioning of the eighth well, the managing director of Pars Oil and Gas Company announced.

  • IOMOU 2024 CIC results: High MLC compliance in Iranian ports

    IOMOU 2024 CIC results: High MLC compliance in Iranian ports

    TEHRAN – The Indian Ocean Memorandum of Understanding (IOMOU) Secretariat has released the results of its 2024 Concentrated Inspection Campaign (CIC), highlighting widespread compliance with the Maritime Labor Convention (MLC) among ships calling at Iranian ports and other IOMOU member states.

  • TEDPIX gains 59,400 points on Monday

    TEDPIX gains 59,400 points on Monday

    TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 59,432 points to 3.137 million on Monday, which is the third day of the Iranian calendar week.

  • IMIDRO eyes joint projects with China, from solar power to copper chain development

    IMIDRO eyes joint projects with China, from solar power to copper chain development

    TEHRAN – Iran’s state-owned mining and metals development body, IMIDRO, is exploring new areas of cooperation with Chinese partners, ranging from building solar power plants to expanding the copper value chain, according to its chairman.