Category: Economy and markets
Manufacturing of refrigerators, freezers up 10% in H1_thumbnail

TEHRAN- Manufacturing of refrigerators and freezers in Iran has increased 10 percent during the first half of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, the data released by Industry, Mining, and Trade Ministry indicate. As reported, 1.07 million refrigerators and freezers have […]

Transit of goods via Iran increases 81% in 7 months on year_thumbnail

TEHRAN- Transit of goods via Iran has risen 81 percent during the first seven months of the current Iranian calendar year (March 21-October 22), as compared to the same period of time in the past year, the head of Islamic Republic of Iran Customs Administration (IRICA) announced. Mehdi Mir-Ashrafi said that 6.948 million tons of […]

Private sector operates 67% of thermal power plants_thumbnail

TEHRAN – Deputy of Planning and Management Development at Iran’s Thermal Power Plant Holding (TPPH) Amir Doudabi-Nezhad has said 67 percent of the country’s thermal power plants are currently operated by the private sector. Speaking on the sidelines of the 21st Iran International Electricity Exhibition (IEE 2021) on Saturday, the official said 381 power plant […]

Global energy shortages as we head out of pandemic_thumbnail

TEHRAN – Unprecedented global energy crisis has suffocated nations like Lebanon and brought about the prospect of a long, cold, and crazy winter for many European countries. On the one hand, oil-rich nations like Iran and Venezuela have been sanctioned from exporting crude and developing their infrastructure; on the other, nations like Lebanon have been […]

TEDPIX drops 18,000 points on Saturday_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 18,226 points to 1.375 million on Saturday (the first day of Iranian calendar week). As reported, over 5.335 billion securities worth 36.58 trillion rials (about $870.95 million) were traded at the TSE. The first market’s index lost 18,203 points, and the second market’s index […]

TSE’s main index drops 3% in a week_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 43,000 points, or three percent, to 1.393 million in the past Iranian calendar week (ended on Friday). During the past week, the indices of Isfahan Refining Company, National Iranian Copper Industries Company, Mobarakeh Steel Company, Iran Khodro, and Sabzevar Pars Steel Complex, and Arian […]

Cyberattack disrupts fuel distribution in Iran_thumbnail

TEHRAN — A cyberattack at 11:00 AM local time on Tuesday disrupted fuel distribution in Iran. The National Center for Cyberspace released a statement on Tuesday afternoon saying that the fuel distribution process will soon go back to normal. Prior to releasing the statement, Nour News, a website close to the Supreme National Security Council, […]

Loading, unloading of goods in ports up over 10% in 7 months yr/yr_thumbnail

TEHRAN – Loading and unloading of goods in the ports of Iran rose 10.7 percent during the first seven months of the current Iranian calendar year (March 21-October 22), as compared to the same period in the previous year, IRNA reported. According to PMO’s Ports Affairs Director Ravanbakhsh Behzadian, loading and unloading of goods at […]

Export from Qom province increases 89% in H1_thumbnail

TEHRAN- The value of export from Qom province in the center of Iran rose 89 percent during the first half of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, a provincial official announced. Mojtaba Farhadi, the deputy head of the province’s Industry, Mining […]

ISVAND Machine Mfg. Co. introduced exemplary entrepreneur in 2020_thumbnail

ISVAND Machine Manufacturing Company, which is producing high-quality industrial parts and equipment, was introduced as exemplary entrepreneur in the country in previous Iranian calendar year in 1399 (2020) in the field of generation of new employment opportunities. Thanks to the salient achievements of the company in terms of creation of employment, Managing Director of ISVAND […]

$11b of investment required to complete West Karoun development projects_thumbnail

TEHRAN – Managing Director of the National Iranian Oil Company (NIOC) has said the company requires $11 billion of investment for completing the development projects defined for the oil fields at the West Karoun region. Speaking in the introductory ceremony of the new head of Petroleum Engineering and Development Company (PEDEC), Mohsen Khojasteh Mehr pointed […]

IME’s weekly value of trades increases 18%_thumbnail

TEHRAN- During the past Iranian calendar week (ended on Friday), 1.913 million tons of commodities worth $543 million was traded at Iran Mercantile Exchange (IME), showing 18 percent rise in value and five percent growth in volume of trades as compared to its preceding week. As reported by the IME’s Public Relations and International Affairs […]

Zardis news | The latest news of Iran and the world