TEHRAN- The value of trades at Iran Mercantile Exchange (IME) increased 150 percent during the past Iranian calendar week (ended on Friday). As reported by the IME’s Public Relations and International Affairs Department, 895,813 tons of various types of commodities with a total value of more than $290 million were traded at the exchange, showing […]

TEHRAN- During the past Iranian calendar month (June 22-July 22), 4.21 million tons of commodities worth $1.56 billion were traded at Iran Mercantile Exchange (IME). As reported by the IME’s Public Relations and International Affairs Department, the volume of traded commodities shows an 11-percent growth on a monthly basis. According to the report, the exchange […]

TEHRAN – Iran’s thermal power plants generated 106 million megawatt-hours of electricity since the beginning of the current Iranian calendar year (March 21) up to July 13, registering a 14-percent rise compared to the previous year’s same period. According to Esmail Namazi, the director-general of Research and Construction Office of Thermal Power Plants Holding Company […]

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 414 points to 1.303 million on Tuesday. As reported, over 7.935 billion securities worth 67.351 trillion rials (about $1.6 billion) were traded at the TSE on Tuesday. The first markets’ index dropped 1,148 points, and the second market’s index lost 201 points. TEDPIX rose […]

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 […]