Economy Archives | صفحه ۱۰۸ از ۱۲۴
$113mn of foreign investments in industrial projects of Razavi Khorasan
۲ TEHRAN, Aug. 10 (MNA) – As of the beginning of the present Iranian calendar year (March 21, 2019) some $113 million of foreign investments have been absorbed in eight industrial projects of the Razavi Khorasan province, head of industry, trade and mine organization of the northeastern province announced on Saturday. According to Mohammadreza Mesforoush, […]
RAI, Iran-Venezuela Bi-National Bank ink contract to finance manufacturing wagon
۲ TEHRAN, Aug. 07 (MNA) – Managing Director of the Islamic Republic of Iran Railways (RAI) Saeed Rasouli on Wed. revealed signing of a contract between RAI and Iran-Venezuela Bi-National Bank to support domestic manufacturing of wagon. In line with supporting domestic production and in order to manufacture various types of wagon in the […]
Iran stands at 9th place in thermal power plants’ capacity
۲ TEHRAN, Jul. 26 (MNA) – The Islamic Republic of Iran stands at the world’s 9th rank in thermal power plants’ capacity with 65-gigawatt production. According to the Ministry of Energy, thermal power plants account for 80.8 percent share of total power plants in the country. The total production capacity of power plants in the […]
Japan Will Continue Importing Middle East Oil
۲ EghtesadOnline: Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy, Trade and Industry Hiroshige Seko said Tuesday. “Crude oil procurements from the Middle East will continue to be important, considering economics of oil […]
Iran to expand domestic rail equipment production
۲ TEHRAN, Jul. 24 (MNA) – Iran Railways (RAI) is looking to increase the production of rail equipment and expand the export to more foreign countries, head of Islamic Republic of Iran Railways Saeed Rasouli told Trend. “In general, no country can provide all of its needs completely but we should reach a production level that […]
Iran: $60m Deal for Auto Localization
۲ EghtesadOnline: Major Iranian automotive companies and 32 parts makers from the private sector signed a $60 million deal on Saturday to curb the auto industry’s reliance on foreign suppliers. During an event held on Saturday at Tehran’s International Exhibition Center, which was attended by Industries Minister Reza Rahmani and other officials, Iran Khodro (IKCO) […]
Central Bank of Iran Reports Growth in Deposits, Loans
EghtesadOnline: A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20. The figure indicates 24.2% growth compared to the same period last year (March 21- April 20, 2018) and 0.7% increase […]
Iran, Iraq investigate reduction of Internet transit tariffs
۲ TEHRAN, Jul. 22 (MNA) – In a meeting between the head of Telecommunication Infrastructure Company of Iran and the visiting Iraqi minister of communications, the two sides discussed reduction of Internet transit tariffs between the two countries. The head of the Iranian company Hamid Fattahi, who is also deputy for Iranian communication minister, met Iraqi […]
۱۲۴% Rise in Iran’s Non-Oil Trade With Austria
۲ EghtesadOnline: Iran traded 76,689 tons of non-oil goods worth $33.23 million with Austria during the first Iranian month (March 21-April 20) to register a 381.28% and 124.12% growth in tonnage and value respectively compared with last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show. Austria was Iran’s […]
Iran resolved to expand regional railway ties: RAI head
۲ TEHRAN, Jul. 15 (MNA) – Managing director of the Islamic Republic of Iran Railways (RAI) Saeed Rasouil said in an interview with Mehr news agency that Iran is resolved to improve its regional railway ties and will help Jordan improve its railway infrastructure and fleet by producing wagons and constructing railroad for the country. […]