TEHRAN – Iranian Energy Minister Ali-Akbar Mehrabian has said the country is currently able to exchange electricity with Afghanistan, Iraq, Azerbaijan, Turkmenistan, Armenia, and Turkey, IRNA reported. As reported, developing energy diplomacy and exchange of electricity with the neighboring countries has been among the top priorities of the energy minister and in this regard, Mehrabian […]

TEHRAN – Like the past years farmers are preparing to cultivate water-intensive crops that are mostly fed by ground waters. This is mostly noticeable in lands used to grow rice and onion. It has been proven over the last three decades that farmers mostly don’t care about the gradual depletion of underground waters. They are […]

TEHRAN – Car manufacturing in Iran has risen 4.7 percent during the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same period of time in the past year. According to the data released by the Industry, Mining, and Trade Ministry, Iranian carmakers manufactured 651,408 vehicles in the […]

TEHRAN- Iran exported 137,000 tons of dates in the first seven months of the current Iranian calendar year (March 21-October 22), which was 14 percent more than the exported amount in the same period of time in the past year, an official with Trade Promotion Organization (TPO) announced. Mahmoud Bazari, director-general of TPO’s Coordination Office […]

TEHRAN – TEDPIX, the main index of the Tehran Stock Exchange (TSE), jumped 11,349 points to 1.349 million on Wednesday. As IRNA reported, over 4.8 billion securities worth 33.462 trillion rials (about $796.7 million) were traded at the TSE. The first market’s index rose 11,856 points, and the second market’s index gained 11,722 points. Back […]

TEHRAN – The Imam Khomeini Relief Foundation and the Basij will provide 5,000 houses for the underprivileged families across the country, Mehr reported on Monday. A memorandum of understanding has been signed with the Basij and Housing Foundation regarding the construction of 5,000 out of a total 40,000 planned housing units, Morteza Bakhtiari, Head of […]

TEHRAN – The Ministry of Industry, Mining and Trade has approved 6.702 quadrillion rials (about $159.6 billion) of investment projects in the first seven months of the current Iranian calendar year (March 21 -October 22), which shows a 133.3 percent rise compared to the last year’s same period. According to the latest data released by […]

TEHRAN – A total of 158 trillion rials (nearly $3.7 billion at the official rate of 42,000 rials) allocated from the national budget to school construction, Mehrollah Rakhshanimehr, director of the Organization for Development, Renovation, and Equipment has announced. Last year, school building benefactors have allocated a sum of 33 trillion rials (around $781 million […]

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 5,337 points to 1.334 million on Saturday (the first day of Iranian calendar week). Over 4.311 billion securities worth 90.917 trillion rials (about $736 million) were traded at the TSE. The first market’s index lost 5,105 points, and the second market’s index dropped […]

TEHRAN- As announced by the managing director of Maku Free Trade Zone Organization, commodities valued at $2.030 billion were exported from the Maku FTZ, in Iran’s northwestern province of West Azarbaijan, during the first half of the current Iranian calendar year (March 21-September 22). Mohammadreza Abdol-Rahimi said that the export of non-oil products worth nearly […]

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), fell 6,845 points to 1.357 million on Tuesday. As reported, over 4.215 billion securities worth 29.628 trillion rials (about $705.4 million) were traded at the TSE. The first market’s index fell 2,932 points and the second market’s index declined 20,357 points. Over the past […]

TEHRAN- Iran has produced 136,640 tons of alumina powder during the first seven months of the current Iranian calendar year (March 21-October 22). As reported, the figure shows two percent decline as compared to the output in the seven-month period of the previous year, which was 139,307 tons. Aluminum oxide, which is commonly called alumina, is an […]