EghtesadOnline: In the first quarter of the current Iranian year (started March 20), a total of 211 inactive industrial units across Iran resumed operations with the help of Iran Small Industries and Industrial Parks Organization, affiliated to the Ministry of Industries, Mining and Trade. In a recent meeting with officials from the organization, Hossein Modarres […]
TEHRAN, Jul. 05 (MNA) – Underling the ability of the CBI in controlling forex rates and in the fight against enemies’ psychological warfare, the Iranian President assured on Sunday that the country’s economy will not collapse. In his remarks during the government economic committee meeting, Rouhani named the recent fluctuations in foreign currency rates, gold coin prices, […]
EghtesadOnline: Deputy Minister of Roads and Urban Development Shahram Adamnejad said 35,000 billion rials ($175 million) worth of loans will be allocated to the coronavirus-hit transportation sector (air, rail, sea and road) over the next few months. “These loans will have an interest rate of 12%. Loans worth 60 million rials ($300) will be extended […]
TEHRAN (Tasnim) – Iranian and Russian officials agreed to hold the 16th session of the Joint Economic Cooperation Commission in September. In a meeting in Moscow, Iran’s Ambassador to Russia Kazem Jalali and Russian Deputy Energy Minister Anatoly Tikhonov agreed to hold the next meeting of the Joint Commission on Trade and Economic Cooperation in […]
EghtesadOnline: Esfahan Steel Company (ESCO) supplied 15,000 tons of rails to the domestic market during the first three months of the current Iranian year (March 20-June 20) to register a threefold rise compared with the similar period of last year, according to an official with the company. “ESCO supplied its first-ever locally-manufactured rail to the […]
TEHRAN, Jul. 01 (MNA) – The spokesperson of National Iranian Gas Company announced the resumption of Iranian gas exports to Turkey today. Mohammad Asgari said on Wednesday that Iran has resumed gas export to Turkey today with the completion of gas pipeline repairs in Turkey. Iran’s gas exports to Turkey continue as before, he added. […]
Tehran, June 30, IRNA – Iran’s First Vice-President Eshaq Jahangiri said on Tuesday that the 12th government under President Hassan Rouhani has created some 3.5 million jobs. Jahangiri made the remarks during a ceremony in the Iranian capital to mark the National Day of Industry, Mine and Trade. He said that the country is facing […]
TEHRAN (Tasnim) – The commander of the Islamic Revolution Guards Corps Aerospace Force said the force can provide Iranian automakers with advanced technologies so that they can overcome their shortcomings and reduce their reliance on foreign firms. In comments during a visit to Iran University of Science and Technology on Monday, Brigadier General Amir Ali […]
Over the fourth week of June; Tehran (ISNA) – During weekdays ending up to June 25, 2020, while 870,896 MT of commodities worth over 1,452 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growths of 65 and 95 percent, respectively. According to the report from IME International Affairs […]
Tehran, June 27, IRNA – Thanks to its strategic position, Chabahar Port can play key role in boosting Iran’s political and economic relations with Central Asia and Indian subcontinent. Chabahar, the sole Iranian oceanic port, is an important area on the Persian Gulf and Sea of Oman shores and in North-South Corridor. It is located […]