October 21, 2019

Efforts for halting Iranian oil industry’s development failed: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. efforts for stopping development of the country’s oil industry has failed, Tasnim news agency reported.
October 21, 2019

Tehran hosting intl. fishery exhibition

TEHRAN- The Iranian capital is hosting the 4th International Fisheries Industry Exhibition (IFEX 2019) from October 21 to 24 at the Tehran Permanent International Fairground, IRNA reported on Monday.
October 20, 2019

‘2500 new rooftop PV stations under construction across Iran’

TEHRAN – Some 2500 new rooftop photovoltaic power stations (known as PV systems) are being constructed to be installed for households across Iran, the spokesman of Renewable Energy and Energy Efficiency Organization (SATBA) announced.
October 20, 2019

Value of trades at IME rises 22% in a week

TEHRAN- During weekdays ended on October 17, while 566,556 tons of commodities worth over $642 million were traded at Iran Mercantile Exchange (IME), the trading value and volume experienced growth of 22 percent and 29 percent, respectively.
October 20, 2019

Industry ministry to amend tax exemption regulations for free zones

TEHRAN – Iran’s Deputy Finance and Economic Affairs Minister said the ministry is planning on amending the regulations pertain to tax exemptions in the country’s free economic zones.
October 20, 2019

Iran, Turkmenistan draft document on energy, transportation co-op

TEHRAN – Iran and Turkmenistan have prepared a document for cooperation in energy and transportation areas on the sidelines of the 15th Iran-Turkmenistan Joint Economic Committee meeting, Tasnim news agency reported on Sunday, quoting a senior official.
October 20, 2019

Annual saffron output to reach 430 tons by Mar. 2020

TEHRAN- Production of saffron in Iran will reach 430 tons in the current Iranian calendar year (ends on March 19, 2020), according to an official in the Ministry of Agriculture.
October 20, 2019

Iran’s economy moving forward: CBI governor

TEHRAN –Governor of the Central Bank of Iran (CBI) said that the positive balance in Iran’s non-oil trade is an indication that the country’s economy is moving forward, Mehr news agency reported.
October 19, 2019

Industrial unit establishment permits rise 19% in 5 months

TEHRAN- Issuance of permits for setting up industrial units in Iran increased 19 percent during the first five months of the current Iranian calendar year (March 21-August 22) compared to the same period of time in the past year, IRIB reported citing t...
October 19, 2019

Iran, Azerbaijan considering border areas for joint industrial parks

TEHRAN – Governor of Ardebil Province in northwest of Iran met with Azerbaijan’s deputy economy minister on Saturday and visited some border regions which have been selected for establishing joint industrial parks, IRNA reported.
October 19, 2019

Iran capable of boosting electricity exports to Afghanistan

TEHRAN – Iranian Energy Minister Reza Ardakanian said the country is cable of boosting its electricity exports to Afghanistan under the framework of the two sides’ energy agreements, IRIB reported on Saturday.
October 19, 2019

Iran’s 5-month tobacco exports rise 10 folds

TEHRAN - Exports of tobacco from Iran have increased by nearly 10 times in the first five months of the current Iranian calendar year (March 21- August 22), Press TV reported citing the data released by Iran’s Ministry of Industry, Mining and Trade.
October 19, 2019

TEDPIX down 3,402 points in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has fallen 3,402 points to 309,647 during the five working days of the past Iranian calendar week (Saturday to Wednesday), Tasnim news agency reported.
October 19, 2019

U.S. extends sanction waiver for Iraq to continue gas, electricity imports from Iran

TEHRAN - The U.S. has extended a waiver on Iran sanctions, granted to Iraq first in November, to let the Arab country continue gas and electricity imports from Iran for another four-month period, Press TV reported on Thursday, quoting a senior U.S. off...
October 19, 2019

Path for legal trade with Iran open: BICC

TEHRAN - Vice-President of the British-Iranian Chamber of Commerce (BICC) Richard Dalton said on Friday that the channel for legal trade with Iran is still open despite U.S. sanctions against the country.
October 19, 2019

Iran plans to build 200 cargo ships inside country

TEHRAN – Iranian industry, mining and trade minister said Iran is planning to build 200 cargo ships inside the country based on its maritime development program, Tasnim news agency reported.
October 19, 2019

‘EAEU ready for vast trade ties with Iran’

TEHRAN- Eurasian Economic Union (EAEU) is ready for vast trade ties with Iran, Veronika Nikishina, the union’s minister of trade, told IRNA on Saturday.
October 16, 2019

Intl. Iran Downstream Show slated for Feb. 2020

TEHRAN – The first international exhibition of Iranian oil, gas and petrochemical industries downstream sector (Intl. Iran Downstream Show) is going to be held during February 2-4, 2020 at Tehran Permanent International Fairgrounds, Shana reported.
October 16, 2019

Iran, Iraq to synchronize power grids by yearend

TEHRAN - Deputy Head of Iran Electricity Industry Syndicate said power grids of Iran and Iraq will be interconnected by the end of 2019, Mehr news agency reported.
October 16, 2019

ISIPO revives 600 idle production units

TEHRAN – Iran Small Industries and Industrial Parks Organization (ISIPO) has revived 600 idle production units since the beginning of the current Iranian calendar year (March 21, 2019), IRNA reported on Wednesday.