November 18, 2019

Iran, China form joint arbitration committee for trade ties

TEHRAN – Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) said Iran and China have established a joint arbitration committee to supervise the trade between the two sides.
November 18, 2019

Expansion of trade ties discussed between Iran, Georgia

TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie met with Head of Parliamentary Friendship Group of Georgia-Iran Shalva Kikenaveldezia on Sunday to discuss expansion of trade ties.
November 18, 2019

‘Gasoline rationing could bring Iran $3b of exports revenue a year’

TEHRAN - Deputy minister of economic affairs and finance of Iran says the fuel rationing plan would make the country able to export 3.65 billion liters of gasoline every year and earn about 14 trillion rials (about $3.3 billion) from the exports.
November 18, 2019

Southwestern Iranian port to be connected to Syria through Iraq

TEHRAN – Iran plans to connect its southwestern port of Emam Khomeini to Syria’s Latakia Port via a railway which passes through Iraq, IRIB reported, quoting head of the Islamic Republic of Iran Railways (IRIR).
November 17, 2019

Iran’s 7-month non-oil imports down over 5% yr/yr

TERHAN - The value of non-oil imports to Iran stood at $25 billion in the first seven months of the current Iranian calendar year (March 21-October 22), down 5.3 percent from the figure for last year’s same period, IRNA reported.
November 17, 2019

Iranian, Chinese private sectors stress co-op of SMEs

TEHRAN – A trade delegation from Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) attended a meeting with representatives of Shanghai International Cooperation Association of Small and Medium Enterprises (SME), wherein the two sid...
November 17, 2019

IGTC completely ready for gas supply during winter

TEHRAN- Iranian Gas Transmission Company (IGTC)’s managing director said his company is completely prepared for sustainable gas supply throughout the country during winter, Shana reported.
November 17, 2019

No worries over supply of basic goods: GTC head

TEHRAN – Managing director of Iranian state-run Government Trading Corporation (GTC) said there are no worries over the supply of basic goods in the country, IRIB reported.
November 17, 2019

TEDPIX down 4,500 points in a day

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 4,300 points to 302,340 on Sunday, IRIB reported.
November 16, 2019

Housing price up 4.5% in Tehran City in summer

TEHRAN- Housing price in Tehran City has risen 4.5 percent during the past summer compared to the spring, Tasnim news agency reported on Saturday citing the data release by the Statistical Center of Iran (SCI).
November 16, 2019

Govt. supports fuel rationing plan

TEHRAN – Iran’s Supreme Economic Coordination Council called on all the country’s institutions and entities to cooperate in implementation of the fuel consumption management plan, IRNA reported.
November 16, 2019

‘Gasoline price hike doesn’t entail any increase in commodity prices’

TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said any increase in commodity prices on the pretext of gasoline price hike is illegal, Shana reported.
November 16, 2019

Exports of metallic minerals, products up nearly 12% in H1

TEHRAN – The value of Iran’s metallic minerals and products exports increased by 11.7 percent in the first six months of the current Iranian calendar year (March 21-September 22) compared to the figure for last year’s same period, IRNA reported on Satu...
November 16, 2019

‘Rationing expected to reduce gasoline consumption’

TEHRAN - Gasoline consumption in Iran is expected to fall up to 10 percent, considering the recent price increase and implementation of rationing plan, Tasnim news agency reported on Saturday, quoting managing director of National Iranian Oil Products ...
November 16, 2019

Commodities worth $738m traded at IME in a week

TEHRAN- During weekdays ended on November 14, while 713,476 tons of commodities worth over $738 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced a growth of 19 percent and 18 percent, respectively.
November 15, 2019

TCCIMA inks trilateral co-op MOU in China

TEHRAN – Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) signed a trilateral memorandum of understand (MOU) for cooperation with China Chamber of International Commerce (CCOIC) and the Iranian Chamber of Commerce in the North Chi...
November 15, 2019

2,000 km of roads to be inaugurated in rural areas by March 2020

TEHRAN – Iranian Transport and Urban Development Minister Mohammad Eslami said 2,000 kilometers of roads are going to be inaugurated in the rural regions by the end of the current Iranian calendar year (March 19, 2020).
November 15, 2019

Iran’s 7-month non-oil exports at $24.5b

TEHRAN - Iran exported 80 million tons of non-oil commodities worth $24.5 billion during the first seven months of the current Iranian calendar year (March 21-October 22), registering a 17-percent rise in terms of weight, IRIB reported.
November 15, 2019

Iran to host 2nd meeting of ECO energy, petchem consortium in 2020

TEHRAN - Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is going to host the second meeting of Economic Cooperation Organization (ECO)'s Public and Private Sector Energy and Petrochemical Consortium and Companies in 2020 to streng...
November 15, 2019

TEDPIX rises 71% since March

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE) has risen 71 percent since the beginning of current Iranian calendar year (March 21), Mehr news agency reported on Friday citing the data released by Iran’s Securities and Exchange Organizat...