TEHRAN – Head of Iran’s Ports and Maritime Organization (PMO) has announced that 16 major projects worth over $267 million are going to be inaugurated in the country’s ports by the end of the current week, IRNA reported. According to Mohammad Rastad, some 6.876 trillion rials (about $163 million) plus 87.9 million euros has been […]

TEHRAN- The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) announced that the necessary permits for the construction of the power plants were issued for the big industries. Making the remarks in a press conference on Wednesday, Mohsen Tarztalab said that the big and high-consuming industries of steel, metals, and mining have been […]

TEHRAN – Over 154 million tons (mt) of goods were transported through Iran’s roads in the first three months of the current Iranian calendar year (March 21-June 21) of which 6.5 million tons of basic goods were distributed from the country’s ports, according to the head of Iran Road Maintenance and Transportation Organization. “Some 62 […]

TEHRAN – Deputy Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Mohammadreza Karbasi met with the Hungarian commercial attaché in Tehran on Monday to discuss ways of expanding trade ties between the two countries. During the meeting, the two sides explored some of the potential areas for mutual cooperation and called for […]

TEHRAN – Iranian Ministries of Energy and Industry, Mining and Trade are going to sign a memorandum of understanding (MOU) within a week for collaboration in constructing 13 power plants for industrial units across the country. “This week or during the next week, a memorandum of understanding will be signed between the two ministers of […]

With the arrival of scorching summer, power outages have become frequent in Iran. Low precipitation, which its effects are seen in every part of the country, has exacerbated the situation. Mostafa Rajabi, spokesman for the electricity industry, has said low precipitation has led to a reduction in generating hydroelectricity. Add to this bitcoin mining that […]

TEHRAN – Iran’s First Vice President Es’haq Jahangiri on Saturday announced the cabinet’s new resolution for organizing systematic power outages for domestic and commercial subscribers and to prevent blackouts in the country, IRNA reported. As reported, in a meeting on July 7, the cabinet made some decisions based on the Energy Ministry proposals for reducing […]

TEHRAN- As announced by a provincial official, the value of exports from Iran’s northern Gilan province rose 24 percent during the first quarter of the current Iranian calendar year (Marc 21-June 21), as compared to the first quarter of the previous year. Farhad Dalqpoush, the head of Gilan’s Industry, Mining, and Trade Department, said that […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 26,569 points to 1.281 million on Tuesday. Over 7.356 billion securities worth 60.777 trillion rials (about $1.447 billion) were traded at the TSE on Tuesday. The first market’s index rose 21,708 points, and the second market’s index climbed 46,019 points. TEDPIX rose 43,000 points […]

TEHRAN –Iranian Industry, Mining, and Trade Minister Alireza Razm Hosseini inaugurated and commenced five major industrial projects in northeastern Khorasan Razavi Province during a two-day visit to the province on Saturday and Sunday, IRNA reported. Razm Hosseini who arrived in the mentioned province on Saturday inaugurated a washing machine production line, a tile and ceramic […]

TEHRAN- During a meeting between Iranian commercial attaché in Yerevan and Armenian Customs Authorities, the two sides explored the ways to remove the obstacles to boosting bilateral trade between Iran and Armenia. As reported by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), during the meeting it was emphasized on the reform of some […]

TEHRAN – Head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said 428 development projects worth 129 trillion rials (about $3 billion) are currently underway in the country’s industrial parks and zones. “Currently, 3,212 production units based in industrial parks and zones are installing machinery and have a physical progress of more than […]