December 21, 2019

NDF allocates €250m to prioritized water, electricity projects

TEHRAN- National Development Fund of Iran allocated €250 million to implementation of water, and electricity projects with high priority in the country, ILNA reported on Saturday quoting an official with the Energy Ministry as saying.
December 20, 2019

Railway fleet receives 456 new wagons since March

TEHRAN- Some 456 new wagons were added to Iran’s railway fleet since the beginning of current Iranian calendar year (March 21, 2019), Saied Rasouli, the head of Islamic Republic of Iran Railways (known as RAI), announced.
December 20, 2019

Dates to be offered at IME soon

TEHRAN- The head of Iran’s Securities and Exchange Organization (SEO) has announced that dates will be offered at Iran Mercantile Exchange (IME) soon, IRNA reported.
December 20, 2019

TEDPIX gains 10,933 points in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has increase 10,933 points, or three percent, to 350,322 during the five working days of the past Iranian calendar week (Saturday to Wednesday), IRNA reported.
December 20, 2019

NIOC offers new incentives to buyers of crude oil, condensate at IRENEX

TEHRAN- National Iranian Oil Company (NIOC) has announced that the first offering of crude oil at Iran Energy Exchange (IRENEX) based on the new instructions will be done in the coming days, Shana reported.
December 20, 2019

IRISL, RAI ink co-op MOU on transit of goods

TEHRAN- Islamic Republic of Iran Shipping Lines (IRISL) and Iran’s Railways (known as RAI) signed a memorandum of understanding on cooperation for transit of commodities, IRNA reported.
December 20, 2019

‘Boosting production of base metals a serious plan of industry ministry’

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani said increasing production of base metals is one of the most serious plans that his ministry is pursuing, IRNA reported.
December 18, 2019

Iran to inaugurate a truck tire manufacturing plant next month

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani announced that a truck tire manufacturing plant will be inaugurated in the country next month to meet 25 percent of the domestic requirement, IRIB reported.
December 18, 2019

Industrial parks’ infrastructures should be improved: ISIPO head

TEHRAN- The head of Iran Small Industries and Industrial Parks Organization (ISIPO) said that infrastructures should be improved in the country’s industrial parks, IRNA reported.
December 18, 2019

TEDPIX surpasses record high of 350,000 points

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 3,451 points to stand at 350,322, hitting a new record on Wednesday, IRNA reported.
December 18, 2019

Import of basic commodities via Shahid Rajaee Port at 1.5m tons in 8 months

TEHRAN- Some 1.5 million tons of basic goods have been imported to Iran via Shahid Rajaee Port in south of the country during the first eight months of the current Iranian calendar year (March 21-November 23), director general of Hormozgan Province, wh...
December 18, 2019

Basic commodities import via Shahid Rajaee Port at 1.5m tons in 8 months

TEHRAN- Some 1.5 million tons of basic goods have been imported to Iran via Shahid Rajaee Port in south of the country during the first eight months of the current Iranian calendar year (March 21-November 23), director general of Hormozgan Province, wh...
December 18, 2019

‘Boosting annual transit capacity by five folds achievable’

TEHRAN- Iranian Transport and Urban Development Minister Mohammad Eslami said the country is capable of boosting its capacity of transit of commodities to 50 million tons per year, IRIB reported.
December 18, 2019

ICOFC signs research deal with Amirkabir University

TEHRAN- Iranian Central Oil Fields Company (ICOFC), a subsidiary of National Iranian Oil Company (NIOC), inked a research-based deal with Amirkabir University of Technology on Tuesday, Shana reported.
December 18, 2019

ICOFC signs research-based deal with Amirkabir University

TEHRAN- Iranian Central Oil Fields Company (ICOFC), a subsidiary of National Iranian Oil Company (NIOC), inked a research-based deal with Amirkabir University of Technology on Tuesday, Shana reported.
December 17, 2019

Jask Port becomes free trade zone

TEHRAN – Iran’s Jask Port in southern Hormozgan province has become a free trade zone, IRNA reported on Tuesday, quoting the Transport and Urban Development Minister as saying.
December 17, 2019

KEPCO inks 3 research-based deals with domestic firms

TEHRAN - Khazar Exploration and Production Company (KEPCO), a subsidiary of National Iranian Oil Company (NIOC) which handles exploration operation in the Caspian Sea region in northern Iran, signed three research-based deals with domestic companies, S...
December 17, 2019

PMO inks deals worth $1.3b with private sector since March

TEHRAN - The head of Iran’s Ports and Maritime Organization (PMO) said his organization has signed nine investment deals worth 55 trillion rials (about $1.31 billion) with domestic investors since the beginning of the current Iranian calendar year (Mar...
December 17, 2019

‘Boosting domestic production a must, even after sanctions’

TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said developing the country’s domestic production must be seriously pursued whether the country is under sanctions or not, Shata reported.
December 17, 2019

Switzerland asks Iran to join “Blue Peace” movement

TEHRAN – Swiss Ambassador to Tehran Markus Leitner called on Iranian Energy Ministry to join the Blue Peace movement, the portal of the Energy Ministry (Paven) reported.