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As Iran’s largest free zone, Maku stands at the juncture between Asia and Europe and has great potential to become a hub for exporting agricultural and foodstuff products from east to west. Located in Iran’s northwestern province of West Azarbaijan, Maku is one of the seven major free zones of Iran; it has 140 kilometers […]
Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr said three billion cubic meters (bcm) of natural gas have been stored in the country’s storage facilities during the first eight months of the current Iranian calendar year (March 21-November 22) which is a new 10-year record high. s Mehr News Agency reported, Khojasteh-Mehr […]
Production of crude steel in Iran reached 25.1 million tons in the first 10 months of 2023, registering a 0.1 percent decline as compared to the same period of time in the past year, according to the latest report released by the World Steel Association (WSA). The WSA data put the world’s 10-month crude steel […]
The 15th International Conference on Islamic Capital Market (ICM) kicked off in Tehran on Sunday, IRIB reported. The opening ceremony of the conference was attended by Head of the Securities and Exchange Organization (SEO) Majid Eshghi, senior capital market managers and 42 participants from Russia, Kuwait, Indonesia, Syria, Iraq, Pakistan, Maldives, Malaysia, Turkey, India along […]
Iranian Industry, Mining and Trade Minister Abbas Ali-Abadi has said currently three models of electric vehicles have been manufactured in the country which will come to the market in the first half of the next Iranian calendar year (starting in late March 2024), Tasnim News Agency reported. “We have two or three examples of domestic […]
Tehran Permanent International Fairgrounds is hosting the 20th edition of Iran’s international exhibition of metallurgy, dubbed IRAN METAFO, during November 24-27, IRIB reported. As reported, over 570 domestic companies along with 230 foreign exhibitors active in the fields of metallurgy, steel, mining industries, non-ferrous metals, casting, industrial furnaces, heat treatment, and related industries, are presenting […]
The 29th Exhibition of Chandeliers and Decorative Lights of Iran kicked off on Friday at Tehran Permanent International Fairgrounds, IRIB reported. Speaking to IRIB in a televised interview, Hamidreza Manafi, the head of Tehran Chandelier Manufacturers Union, said 140 companies active in various fields are showcasing their latest products and services in this four-day exhibition. […]
The Islamic Republic of Iran is aiming to expand its economic and trade relations with Pakistan through establishing joint free zones and trade centers with the country, IRIB reported. According to Ahmad Jamali, the deputy secretary of Iran’s Free Zones High council, Tehran has reached an agreement with Islamabad to establish a joint free zone […]
As announced by a provincial official, 73,000 tons of products are produced in the greenhouses of Sistan-Baluchestan province, in the southeastern Iran, every year. Mohammad-Reza Seyed-Hosseini, the head of the province’s Agriculture Department, said that every year, 73,000 tons of different types of products such as tomatoes, cucumbers, bell peppers, eggplants, strawberries and leafy vegetables […]
Wheat production in Iran has increased by six percent in 2023, putting the Islamic Republic in 14th place among the world’s top producers of the strategic grain, according to the United States Department of Agriculture (USDA)’s World Agricultural Production report. Based on the said report, Iranian farmers managed to produce 14 million tons of wheat […]