October 13, 2019

TPO to hold seminar on exporting industrial machinery

TEHRAN – Iran’s Trade Promotion Organization (TPO) plans to hold a specialized seminar on exporting industrial machinery and production lines on November 12, the portal of TPO announced.
October 13, 2019

Energy ministry announces new regulations for electricity purchase

TEHRAN - Iranian Energy Ministry has announced new regulations on guaranteed purchase of electricity from the country’s renewable power suppliers, IRIB reported on Sunday.
October 13, 2019

GSI to award 60 new areas for mining exploration

TEHRAN – Head of Geological Survey and Mineral Explorations of Iran (GSI) said 60 new areas are going to be opened and awarded to the private sector for mining exploration, on the occasion of the organization’s 60th establishment anniversary.
October 13, 2019

Coal concentrate output up 13% in a month on year

TEHRAN- Production of coal concentrate in Iran increased 13 percent in the past Iranian calendar month of Shahrivar (August 23-September 22) compared to the same month in the past year, IRIB reported citing the data released by Iranian Mines and Mining...
October 13, 2019

IME launches futures contract for pistachio deals

TEHRAN- In a bid for more risk management in the country’s capital market, Tehran Stock Exchange (TSE) officially launched futures contract during a ceremony held last December at the place of Central Securities Depository of Iran (CSDI), which is the ...
October 13, 2019

Iran unveils online power plant monitoring system

TEHRAN – Iranian Energy Minister Reza Ardakanian unveiled the first phase of a system for online monitoring of the country’s power plants, portal of the ministry (Paven) reported on Sunday.
October 13, 2019

Gas field discovered with $40b worth of reserves

TEHRAN – A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.
October 12, 2019

Business index improves in Iran during second quarter

TEHRAN - Iran’s business environment witnessed a slight improvement in the summer which is the second quarter of the current Iranian calendar year (June 22-September 22) compared with the previous quarter, a survey was undertaken by Iran Chamber of Com...
October 12, 2019

Iran, Syria call for cooperation in standardization

TEHRAN – Head of Institute of Standards and Industrial Research of Iran (ISIRI) met with Syrian Ambassador to Tehran Adnan Hassan Mahmoud to discuss cooperation in standardization areas, IRIB reported on Saturday.
October 12, 2019

Iran to hold pavilion at Kazakhstan’s PLAST WORLD Exhibition next month

TEHRAN- Iran will set up a pavilion at Kazakhstan’s 11th international exhibition for plastic industry (PLAST WORLD) next month, Trade Promotion Organization of Iran (TPO) published on its official website.
October 12, 2019

Iran’s external debt in 2018 down 6.5% on year: WB

TEHRAN – World Bank (WB) in its latest report on global debts dubbed “International Debt Statistics 2020” has put Iran’s external debts for 2018 at $6.324 billion, down about 6.5 percent from $6.761 billion in 2017.
October 12, 2019

Intl. kitchen expo underway in Tehran

TEHRAN – The third edition of Iran’s International Trade Show for Hotel, Restaurant and Catering Equipment (Iran Kitchen 2019) kicked off on Friday at Tehran’s Shahr-e-Aftab Exhibition Center.
October 12, 2019

Iran, the Netherlands mulling over water, power co-op

TEHRAN – Iran and the Netherlands are considering cooperation in water and electricity sectors, especially in water management and flood control, the portal of Iran’s Energy Ministry (known as Paven) reported.
October 12, 2019

Industry, mining sectors witness 18% growth in H1

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani announced that industry and mining sectors of the country have experienced a growth of 18 percent during the first half of the current Iranian calendar year (March 21-September 22) compar...
October 12, 2019

Industry, mining sectors witness 18% growth in H1: industry min.

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani announced that industry and mining sectors of the country have experienced a growth of 18 percent during the first half of the current Iranian calendar year (March 21-September 22) compar...
October 11, 2019

Intl. building industry expo running in Isfahan

TEHRAN – The 22nd International Exhibition of Building Industry kicked off on Thursday at Isfahan International Fairground, in the central province of Isfahan.
October 11, 2019

TEDPIX down 13,069 points in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has fallen 13,069 points to 313,048 during the five working days of the past Iranian calendar week (Saturday to Wednesday) which was the third week of the seventh Iranian calendar month of ...
October 11, 2019

Oil output from West Karoun region to rise by March 2020

TEHRAN- Production of oil from West Karoun oilfields is expected to increase by 10,000 barrels per day (bpd) by the end of the current Iranian calendar year (March 19, 2020), IRNA reported on Thursday, quoting an oil official as saying.
October 11, 2019

Investment in Iran’s petchem industry to rise 75% by 2026

TEHRAN – Head of Iran’s National Petrochemicals Company (NPC) said investment in the country’s petrochemical sector is going to increase by 75 percent by the end of the Iranian calendar year 1404 (March 2026), IRNA reported.
October 11, 2019

Iran, China confer about customs cooperation

TEHRAN – Iran and China discussed expansion of customs cooperation and trade facilitation in a meeting between Chinese Ambassador to Tehran Chang Hua and Head of Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mirashrafi, IRIB reported.