Industry Ministry approves over $1b of foreign investment in 7 months

TEHRAN- The Ministry of Industry, Mining and Trade has approved 75 foreign investment cases valued at about $1.02 billion in the first seven months of the current Iranian calendar year (March 20-October 21).

Issuance of industrial unit establishment permits rises 40%

TEHRAN – According to the latest data released by Iran’s Industry, Mining and Trade Ministry, during the first five months of the current Iranian calendar year (March 20-August 21), 14,806 permits have been issued for establishing new industrial units in the country, which mark a 40.3-percent increase year on year.

TCCIMA calls for resolving commercial ID cards issuance, extension problems

TEHRAN- In a statement on Tuesday, Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) called on the Ministry of Industry, Mining, and Trade and also Trade Promotion Organization (TPO) to resolve the problems related to the issuance and extension of commercial ID cards, TCCIMA published on its website.

Permits issued for establishment of 26 industrial, mining research centers in a year

TEHRAN- Iranian Industry, Mining, and Trade Ministry has issued permits for the establishment of 26 industrial and mining research centers in the country during the past Iranian calendar year 1398 (ended on March 19), according to an official with the ministry.

Issuance of industrial unit permits up 26% in 2 months yr/yr

TEHRAN- The latest data released by Iran’s Industry, Mining and Trade Ministry indicates that the issuance of permits for the establishment of industrial units in Iran has risen 26.4 percent during the first two months of the current Iranian calendar year (March 20-May 20) compared to the same period of time in the past year.

By Mahnaz Abdi

Imposing duty on exports of iron ore a right decision?

In a bid to prevent the exports of unprocessed minerals, creating more value added and meeting the requirements of domestic producers for the raw materials, Iran has levied a 25-percent duty on the exports of raw minerals (specially iron ore) since September 23.

IDRO invests nearly $12m in southeast Iran since March

TEHRAN- Iran’s Industrial Development and Renovation Organization (IDRO) has invested over 500 billion rials (about $11.9 million) for launching and completing industrial projects in the southeastern province of Sistan-Baluchestan since the beginning of current Iranian calendar year (March 21, 2019), according to a deputy at the organization.

A peek into 28th Iran Handmade Carpet Exhibition

TEHRAN – Photos show visitors and exhibitors bargaining over handwoven goods at the 28th Iran Handmade Carpet Exhibition.

Fund to provide facilities for knowledge-based firms

TEHRAN – The electronic support fund for research and development (ESFRD) of the Ministry of Industry, Mining and Trade will provide services and facilities for knowledge-based companies, ISNA reported on Sunday.

576 industrial, mining projects to be inaugurated in early Feb.

TEHRAN- An official from the Iranian ministry of industry, mining and trade informed that some 576 industrial and mining projects will be inaugurated during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), IRNA reported on Saturday.

Copper cathode production up 70% in H1

TEHRAN- Production of copper cathode in Iran during the first half of the current Iranian calendar year (March 21-September 22) rose 70 percent compared to the first half of the past year, IRIB reported on Tuesday citing the data released by the Ministry of Industry, Mining and Trade.

Major handmade carpet expo opens in Tehran

TEHRAN - The 27th Iran Handmade Carpet Exhibition opened its doors to the public on Saturday at the Tehran Permanent International Fairgrounds.