January 5, 2020

Construction of S. Azadegan field’s CTEP to be completed by 2022

TEHRAN – The construction of the South Azadegan oil field’s Central Treatment Export Plant (CTEP) is going to be completed by the end of the Iranian calendar year of 1400 (March 20, 2022), IRNA reported, quoting an official with Iran’s Petroleum Engine...
January 5, 2020

‘Thwarting U.S. economic pressure best way to follow martyr Soleimani’s path’

TEHRAN – Governor of the Central Bank of Iran (CBI) says neutralizing U.S. plans for economic pressure on the country is the best way to follow the path of Martyr Soleimani, IRIB reported on Saturday.
January 5, 2020

Iran’s 8-month iron ore exports up 46% yr/yr

TEHRAN - Iran exported 10.609 million tons of iron ore during the first eight months of the current Iranian calendar year (March 21-December 22, 2019), registering a 46-percent rise year on year, IRNA reported, citing the data from Islamic Republic of ...
January 4, 2020

Stock market closes down on Saturday

TEHRAN- On Saturday, the first day of the Iranian calendar week, Iran’s stock market wrapped up with some drops, IRNA reported.
January 4, 2020

‘Martyr Soleimani, a model not only in military but in economic battle’

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani said that the method, strategies and approaches of Martyr Soleimani were not a model only in the military resistance but also in our economic battle, IRIB reported.
January 4, 2020

Worth of trades at IME increases 73% in a week

TEHRAN- The value of trades at Iran Mercantile Exchange (IME) rose 73 percent during the past Iranian calendar week (ended on Friday), IME International Affairs and Public Relations Department announced.
January 4, 2020

Tehran hosting intl. expo on airport, related industries

TEHRAN – Iran’s 5th International Exhibition of Airport, Airplane, Flight Industries and Related Equipment kicked off at Tehran International Permanent Fairgrounds on Saturday, IRIB reported.
January 4, 2020

Govt. to raise cigarette taxes by 28% next year

TEHRAN – The Iranian National Tax Administration (INTA) is going to increase the taxes imposed on cigarette sales by 28 percent in the upcoming Iranian calendar year (starts on March 20, 2020), IRIB reported, quoting an official with the organization.
January 4, 2020

Industrial units establishment up 15.8% in 8 months

TEHRAN – According to the latest data released by Iran’s Industry, Mining and Trade Ministry, during the first eight months of the current Iranian calendar year (March 21–November 22, 2019), 17,054 licenses were issued for establishing new industrial u...
January 4, 2020

License issuance for industrial units establishment up 15.8% in 8 months

TEHRAN – According to the latest data released by Iran’s Industry, Mining and Trade Ministry, during the first eight months of the current Iranian calendar year (March 21–November 22, 2019), 17,054 licenses were issued for establishing new industrial u...
January 4, 2020

Cement, clinker exports from Iran up 22% in 8 months yr/yr

TEHRAN- Iran exported 11.4 million tons of cement and clinker in the first eight months of the current Iranian calendar year (March 20- November 21), which was 22 percent higher than the figure for the same period of time in the past year, IRNA reporte...
January 4, 2020

‘Developing renewables industry requires govt. support’

TEHRAN - Director General of the Office of Economic, Social and Environmental Studies at Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA) says the country’s renewables industry needs government support to reach the desired le...
January 4, 2020

Iran’s exports to Eurasia rising after preferential trade pact

TEHRAN – Head of the Export Promotion Committee of Iran Chamber of Commerce, Industries, Mines and agriculture (ICCIMA) says the exports of some highly-demanded goods to Eurasia has been facilitated after implementation of a preferential trade deal wit...
January 3, 2020

Lack of enough CNG stations could rise gasoline consumption

TEHRAN - Head of Tehran Compressed Natural Gas (CNG) Association says although converting gasoline-fuel cars into dual-fuel ones in the country is expected to raise CNG consumption by up to 10 percent, lack of enough CNG stations could once again rise ...
January 3, 2020

Major auto makers to be privatized by March 2021

TEHRAN – Iranian Industry, Mining, and Trade Ministry plans to hand over the country’s major automakers to the private sector by the end of the next Iranian calendar year (March 2021), IRIB reported, quoting a deputy in the named ministry.
January 3, 2020

Tehran hosting intl. exhibit of decorative lights

TEHRAN- The 27th International Exhibition of Chandeliers and Decorative Lights of Iran kicked off on Thursday at Tehran Permanent International Fairgrounds, IRIB reported.
January 3, 2020

Tajikistan looks for rising trade with Iran up to $1b: envoy

TEHRAN - Tajikistan's Ambassador to Iran Nizamuddin Zahedi said his country is looking for increasing trade turnover with Iran to $1b, IRNA reported.
January 3, 2020

Caspian port to be linked with national rail network by March 2021

TEHRAN - Head of Iran’s Budget and Planning Organization (BPO) said Caspian Port in Gilan Province’s Anzali Free Trade Zone, will be connected to the national rail network by the end of the next Iranian calendar year (March 20, 2021).
January 3, 2020

‘No worries over supply of basic goods’

TEHRAN – Iranian Industry, Mining, and Trade Minister Reza Rahmani said on Thursday that the government has stored enough amounts of basic goods and there are no worries over the supply of such commodities in the country, ILNA reported.
January 3, 2020

Refrigerators, freezers output up 4.5% in 8 months yr/yr

TEHRAN- Manufacturing of refrigerators and freezers in Iran has increased 4.5 percent during the first eight months of the current Iranian calendar year (March 21-November 21, 2019), from the same period of time in the previous year.