December 23, 2019

Uzbekistan to transit goods to India through Iran’s Chabahar Port

TEHRAN – Uzbekistan has reached an agreement with Iran for transiting agricultural products and minerals to India through Iran’s Chabahar Port, Tasnim news agency reported, quoting the board chairman of Chabahar Free Trade–Industrial Zone Organization ...
December 23, 2019

Iran’s crude steel output up over 5% in 11 months yr/yr: WSA

TEHRAN- Iran’s crude steel production during the first eleven months of 2019 has risen 5.3 percent from that of the same period of time in 2018, World Steel Association (WSA) announced in its recent report.
December 23, 2019

Upgrading auto industry to save Iran 17 MLD of gasoline

TEHRAN – Managing director of National Iranian Oil Products Distribution Company (NIOPDC) says upgrading the country’s automotive industry will reduce gasoline consumption by 17 million liters per day (MLD), Shana reported.
December 23, 2019

TEDPIX experiences 16% monthly growth

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 49,000 points, or 16.7 percent, to stand at 353,997 points at the end of the ninth Iranian calendar month of Azar (ends on December 21), Tasnim news agency reported.
December 23, 2019

Monthly value of trades at IME rises 26%

TEHRAN- The value of trades at Iran Mercantile Exchange (IME) rose 26 percent to reach 135 trillion rials (about $3.2 billion) during the ninth Iranian calendar month of Azar (ends on December 21).
December 23, 2019

IFX grows 15% in a month

TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 15 percent in the ninth Iranian calendar month of Azar (ended on December 21), while experiencing a 102-percent rise since the beginning of c...
December 22, 2019

Budget bill envisages 10% more income for government-owned banks

TEHRAN- The national budget bill for the next Iranian calendar year (starts on March 20, 2020) has predicted a 10.2-percent more income for the Central Bank of Iran (CBI) and the government-owned banks, IRNA reported.
December 22, 2019

TEDPIX rises to 356,720 points

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 2,723 points to stand at 356,720 on Sunday, IRNA reported.
December 22, 2019

Inflation rate down 1.1%

TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on December 21, which marks the end of the ninth Iranian calendar month of Azar, stood at 40 percent.
December 22, 2019

A new wave of strange claims about Iran and the FATF

New media warfare has recently been launched about the Financial Action Task Force (FATF). Some claims have also been stated in this regard that are far away from truth.
December 22, 2019

ICCIMA plans to set up Iran-Romania Joint Trade Committee

TEHRAN- Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) plans to establish Iran-Romania Joint Trade Committee, ICCIMA news portal published on Sunday.
December 22, 2019

CNG daily consumption at 800mcm in Iran

TEHRAN- Managing director of National Iranian Oil Refining and Distribution Company (NIORDC) put the daily consumption of compressed natural gas (CNG) at 800 million cubic meters in Iran, complaining that it is a high amount, IRNA reported.
December 22, 2019

‘Oil Ministry utilizing high scientific capacities of universities’

TEHRAN- Iran’s deputy oil minister for engineering, research and technology affairs said Oil Ministry is utilizing the high scientific capacities of the country for implementation of its projects, Shana reported.
December 22, 2019

‘Oil Ministry highly applying scientific capacities of country’

TEHRAN- Iran’s deputy oil minister for engineering, research and technology affairs said Oil Ministry is highly applying the scientific capacities of the country for implementation of its projects, Shana reported.
December 22, 2019

‘Establishment of FTZs to prevent immigration from border cities’

TEHRAN- One of the major objectives behind establishment of new free trade zones (FTZs) in Iran is preventing migration of the border cities’ population to other regions, something occurred in the past 40 years creating some empty cities and villages i...
December 21, 2019

Adequate basic commodities reserved for next year: trade min.

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani said the basic goods that the country needs in the current Iranian calendar year (ends on March 19, 2020) and also in the next year have been reserved, IRIB reported on Friday.
December 21, 2019

Value of trades at IME rises 25% in a week

TEHRAN- Some 677,999 tons of commodities worth 32 trillion rials (about $761.9 million) were traded at Iran Mercantile Exchange (IME) during the past Iranian calendar week (ended on Friday).
December 21, 2019

Iran’s trade balance with Turkey positive in 10 months

TEHRAN- Trade balance between Iran and Turkey was $1.1 billion positive in favor of Iran during the first 10 months of 2019, ISNA reported on Saturday, citing the data released by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).
December 21, 2019

Copper cathode output to rise 100,000 tons in 3 months

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani inaugurated a plant and a processing unit in Sungun Copper Complex in East Azarbaijan Province on Saturday, Shata reported.
December 21, 2019

Iran’s copper cathode output to rise 100,000 tons in 3 months

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani inaugurated a plant and a refinery in Sungun Copper Complex in East Azarbaijan Province on Saturday, Shata reported.