Total:153
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2021-02-28 16:51
By Mahnaz Abdi
Car scrapping industry dormant; scrap imported
TEHRAN- It’s a couple of years that Iran has launched a car scrappage scheme, mainly aimed at reducing air pollution, especially in the capital Tehran.
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2021-02-14 12:29
By Mahnaz Abdi
Iran’s sponge iron production leap outstanding
TEHRAN- While Iran is fighting the U.S. severe sanctions on its economy, and the country’s different industrial and economic sectors have been affected by the limitations and difficulties caused by the sanctions condition, the country’s mining sector is moving forward noticeably, overcoming such barriers.
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2021-02-07 12:36
By Mahnaz Abdi
“Domestic Production” materialized in mining sector
This month last year, the previous head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), which is the country’s major state-owned holding active in the mining sector, announced the organization’s top 10 targets to be followed up through some programs for domestic production of parts and equipment used in the mining sector as well as indigenizing required technology of this sector.
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2021-01-22 14:54
By Mahnaz Abdi
Lack of liquidity a main hurdle for production units
In early July last year, the Central Bank of Iran (CBI) instructed the country’s banking network the regulations on financing small and medium-sized enterprises (SMEs) with the aim of smoothing the path of national production and supporting enterprises in order to fulfill the slogan of the current Iranian calendar year (March 2020-March 2021), which is “Surge in Production”, through directing society's liquidity to productive sectors and financing domestic production units, as well as providing the required working capital for the enterprises.
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2021-01-11 11:41
By Mahnaz Abdi
Iran’s copper cathode production, export significantly rising
TEHRAN- The periodical reports and statistics indicate that Iran’s metals sector is progressing both in terms of production and export despite the limitations imposed by the U.S. sanctions.
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2021-01-09 15:32
By Mahnaz Abdi
Increasing tax income in budget bill not logical in current condition
Iran’s national budget bill for the next Iranian calendar year 1400 (starts on March 21), whose draft was submitted to the parliament on December 2, 2020, has predicted a tax income of 2.47 quadrillion rials (about $58.809 billion), rising from 1.95 quadrillion rials (about $46.42 billion) envisaged in the present year’s budget.
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2021-01-04 13:42
By Mahnaz Abdi
Government's ETF approach still under debate
According to Note 2 of the budget law of the current Iranian calendar year (began on March 20, 2020), the government is allowed to offer and sell its remaining shares in the state-owned companies in the usual way or through the exchange-traded funds (ETFs).
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2020-12-27 16:50
By Mahnaz Abdi
NPC’s 30 strategic projects to diversify products noticeably
TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said that a fourth step has been defined for the development of Iran’s petrochemical industry, in which the basket of petrochemical products will be noticeably diversified through 30 strategic projects.
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2020-12-26 16:01
By Mahnaz Abdi
Iran’s steel production, export not affected by sanctions
While the U.S. sanctions has targeted Iran’s metal sector besides its oil industry, the periodical reports released both by the international and domestic sources show that Iranian steel industry has not been affected by the sanctions, while it has also been booming.
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2020-12-21 14:30
By Mahnaz Abdi
Industrial units’ activities being developed to promote production
TEHRAN- Iran’s industrial parks play a significant role in making the country independent through boosting production, which is a major strategy of Iran to combat the U.S. sanctions.
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2020/12/02
By Mahnaz Abdi
Organizing automotive industry through offering cars in commodity exchange
In recent months, the price of cars in the free market has become significantly different from the factory price.
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2020-11-27 14:05
By Mahnaz Abdi
Solar energy to tackle electricity shortage in remote rural areas
The limitation and difficulty in the way of supplying electricity to the remote rural areas which are hard to reach has been always one of the major challenges in the sustainable development of villages.
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2020-11-25 16:46
By Mahnaz Abdi
Anzali Free Zone development necessary to expand trade with EAEU
TEHRAN- Located in Gilan Province, north of Iran, Anzali Free Trade-Industrial Zone is the sole free zone in the southern part of the Caspian Sea with an area of 9,400 hectares and 40 kilometers shoreline.
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2020/11/21
By Mahnaz Abdi
Capital gains tax still under debate
The recent shift of liquidity from production to the unproductive markets in Iran has caused high inflation and damage to some industries in the country.
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2020-11-20 17:22
By Mahnaz Abdi
Expansion of trade ties with Pakistan a priority
TEHRAN- Pakistan has a relatively large consumer market with a population of over 200 million.
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2020/11/18
By Mahnaz Abdi
High capacities available to boost technical, engineering services export
Iran’s policy of increasing non-oil exports as a strong strategy to nullify the U.S. sanctions is not limited just to the products, while the country is also determined to expand the export of technical and engineering services.
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2020-11-14 15:44
By Mahnaz Abdi
Construction of PGSR a big step to nullify sanctions
Persian Gulf Star Refinery in Iran’s southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock received from the South Pars gas field which Iran shares with Qatar in the Persian Gulf.
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2020-11-09 12:02
By Mahnaz Abdi
Sweets, chocolates export of $1b targeted, but production faces challenges
The confectionery and chocolate industry is one of the oldest food industries in Iran, and it is now the second-largest exporter in the country's food sector after the dairy industry.
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2020-11-08 11:35
By Mahnaz Abdi
Neighboring countries hold 60% share of Iran’s non-oil exports
TEHRAN- Combatting the U.S. sanctions on its oil exports, Iran is determined to boost the export of non-oil products, and has defined a number of strategies to materialize this target.
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2020-11-06 13:17
By Mahnaz Abdi
Rural development, a major priority of government
Villages are often mentioned as some keys to the development of countries, and the allocation of a proper amount of budget to rural development always brings fruitful economic results.
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2020-11-03 12:41
By Mahnaz Abdi
NIDC indigenizes know-how for manufacturing highly-used parts
After the U.S. reimpostion of sanctions against Iran, indigenizing the know-how for the manufacturing of the parts and equipment applied in different industrial sectors is one of the major strategies that the Islamic Republic has been strongly following up to reach self-reliance and nullify the sanctions.
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2020-10-30 15:31
By Mahnaz Abdi
Iran planning to boost construction materials export to Africa
Africa with over 50 countries has been experiencing some partial stability over the past years, which has led to elevating the infrastructures and increasing economic activities in this large continent.
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2020-10-27 09:59
By Mahnaz Abdi
Fruitful co-op between NIDC, contractors expedites digging operation
TEHRAN- National Iranian Drilling Company (NIDC) dug and completed the digging operation of 72 oil and gas wells during the first seven months of the current Iranian calendar year (March 20-October 21).
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2020-10-26 13:12
By Mahnaz Abdi
TCCIMA holding business forums online during coronavirus pandemic
TEHRAN- Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA), which used to hold business forums between Iran and other countries regularly, has not stopped such activity during the coronavirus pandemic, while the chamber is holding such events online.
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2020-10-20 14:20
By Mahnaz Abdi
Copper concentrate production hits record high in H1
TEHRAN- Production of copper concentrate in Iran stood at 599,624 tons during the first half of the current Iranian calendar year (March 20-September 21).
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2020-10-18 16:42
By Mahnaz Abdi
Ports operating non-stop despite sanctions, pandemic
While the coronavirus pandemic has created many limitations for the economic activities all around the world, operations at Iranian ports are underway continuously, and even the U.S. sanctions could not halt activities at the ports.
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2020-10-13 14:37
By Mahnaz Abdi
Iran determined to become fully independent in railway industry
After the U.S. imposed a new round of sanctions on the Iranian economy, a national determination was formed inside Iran for empowering its domestic production to achieve self-reliance.
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2020-10-11 14:49
By Mahnaz Abdi
Decommissioning program to be carried out for Tehran power plants
TEHRAN-One of the major programs that Iran’s Energy Ministry is currently following up seriously is increasing the average efficiency of the country’s power plants.
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2020-10-05 14:24
By Mahnaz Abdi
Mining sector’s performance in stock market outstanding
TEHRAN- While Iran’s stock market has been developed noticeably in recent years, especially since the previous Iranian calendar year (March 2019-March 2020), the performance of some sectors in this market has been very outstanding.
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2020-09-29 14:59
By Mahnaz Abdi
Complete steel chain supply in IME for real price discovery
TEHRAN- Iranian steel industry, which plays a significant role both in materializing the country’s motto of achieving self-reliance and in boosting the non-oil exports, has been in a development route in recent years.
