Economy Archives | صفحه ۱۱۴ از ۱۳۰
Banks’ Surplus Assets Fall Out of Favor
۲ EghtesaadOnline: While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done. The primary problem is that in most, if not all, cases there are no buyers or the potential buyers can’t afford the (high) prices demanded by banks whose lending and […]
Cigarette Production Up 42%
EghtesadOnline: A total of 18 billion cigarettes were produced in Iran during the first four months of the current fiscal year (started March 21), registering a more than 42% growth compared with the corresponding period of last year, ISNA reported, citing the Ministry of Industries, Mining and Trade’s data. The ban on imports is […]
Kish Air launches Mashhad-Herat direct flight
۲ TEHRAN, Aug. 23 (MNA) – The Director General of Khorasan Razavi Airports Company Mohammad Bagher Ghasemzadeh on Fri. announced the launch of Mashhad-Herat flight route by Kish Airlines. The air route between Iran’s Mashhad and Afghanistan’s Herat was launched by Kish Air due to the cultural, political, religious and economic commonalities of people of […]
South Pars Gas Field to Boost Output
۲ EghtesadOnline: In line with plans to boost gas output from South Pars Gas Field in the Persian Gulf, the third offshore deck of SP Phase 23 was shipped Wednesday to its designated location, the deputy in charge of developing phases 22-24 said. “Weighing 2,500 tons, the structure was loaded on a barge in Iran […]
SMEs export $4bn worth of products
Deputy ISIPO: ۲ TEHRAN, Aug. 13 (MNA) – Deputy Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Asghar Masaheb said on Monday that Small- and Medium-sized Enterprises exported $4 billion worth of products in the past two years. Stabilizing the current situation at industrial parks is the main priority of ISIPO, he said, […]
Industrial units account for $4bn exports share
۲ TEHRAN, Aug. 10 (MNA) – Deputy Minister of Industry, Mine and Trade revealed that industrial units account for $4 billion share of Iran’s total exports. He made the remarks in a press briefing on Saturday on the occasion of supporting Small- and Medium-sized Enterprises (SMEs). He pointed to the development projects of the ministry […]
$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 […]