TEHRAN- Transit of goods via Iran has risen 48 percent in the fourth Iranian calendar month Tir (June 22-July 22), as compared to the same month of the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced. Ruhollah Latifi said that 1.011 million tons of commodities has been transited via […]

TEHRAN – Mohammad-Hassan Motevalizadeh, the managing director of Iran’s Power Generation, Distribution, and Transmission Company (known as Tavanir), has announced the possibility of imposing electricity supply limitations for industrial subscribers, IRIB reported on Monday. “If household consumers do not cooperate by managing their consumption we might be forced to impose supply limitations for industrial subscribers […]

TEHRAN – Desalination plants in southern Iran are currently providing 600,000 cubic meters of drinkable water for the region’s coastal provinces, and the figure will be increased to one million cubic meters in the near future, the spokesman of Water and Wastewater Company of Iran told IRIB on Thursday. According to Hamidreza Kashfi, the one-million-cubic-meters […]

TEHRAN- Iran’s outgoing transport minister said that about 10,000 kilometers of railway projects are currently under study. Pointing out that the length of the country’s railway network has reached 14,000 kilometers, Mohammad Eslami said, “Eight rail lines in three provinces will be connected to the country’s railway network. The projects for connecting Kordestan, Ardebil, and […]

TEHRAN – Deputy Head of Iran’s Mass Construction Association Iraj Rahbar has said the country’s contractors are capable of constructing one million housing units a year if the necessary funding and land is provided, IRNA reported. Mentioning a plan for the construction of one million affordable housing units per year by the new government, Rahbar […]

TEHRAN – Behrouz Aghaei, the director-general of Ports and Maritime Department of Sistan-Baluchestan Province in southeastern Iran, has said the country’s largest fully mechanized grain silo, with a loading and unloading capacity of 1,200 tons per hour, will be put into operation in the next Iranian calendar year (starts in March 2022). The construction operations […]

TEHRAN — The Central Bank of Iran (CBI) reported on Tuesday it has begun legal procedures to pursue action against baseless charges of the Bahraini High Criminal Court. The central bank, based on the agreement on encouragement and mutual support of investment between the government of the Islamic Republic of Iran and the government of […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 17,716 points to 1.375 million on Tuesday. As reported, over 6.966 billion securities worth 47.296 trillion rials (about $1.126 billion) were traded at the TSE on Tuesday. The first market’s index gained 9,725 points, and the second market’s index rose 45,844 points. TEDPIX had […]

TEHRAN- Iran’s Transport and Urban Development Minister Mohammad Eslami announced that the country’s length of freeway network will be increased to 3,100 kilometers in the coming weeks. As announced two weeks ago by the deputy minister, there is currently 20,000 kilometers of highways and 2,500 kilometers of freeways across the country. Back in May, Kheirollah […]

TEHRAN – Car manufacturing by Iran’s major carmakers rose 11.2 percent during the first four months of the current Iranian calendar year (March 21- July 22), as compared to the same period of time in the past year, the data released by Codal website showed. Three major carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), climbed 34,962 points to 1.351 million on Saturday, which is the first day of Iranian calendar week. As reported, over 7.542 billion securities worth 58.18 trillion rials (about $1.385 billion) were traded at the TSE on Saturday. The first market’s index rose 28,642 points, and […]

TEHRAN –A total of 17 hotels and apartment hotels are being constructed across the central province of Qom, adding 2894 beds to the province’s hospitality sector. Over 16 trillion rials (about $381 million at the official exchange rate of 42,000 rials per dollar) has been invested in the hotel projects, the provincial tourism chief has […]