Production of home appliances in Iran increased 8.7 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, the data released by Industry, Mining, and Trade Ministry indicate.

According to the latest report released by Iran Trade Promotion Organization, Iran’s exports to Uzbekistan have increased by 370 percent in the first five months of the current year comparing to the same period last year and Uzbekistan became the second major export destination after Russia among the CIS states.

Iran’s former Ambassador to Venezuela says among the Club of the Sanctioned, the win-win game has begun,  adding that those sanctioned countries enter this club will themselves become a major power in making sanctions ineffective like the fuel which was sent to Syria and Lebanon while both countries are under sanctions.

 Iran’s customs office (IRICA) says that exports from the country rose by 61% in value terms in the first half of the calendar year that started in late March as its foreign trade hit $45b.

Iran currently stands in 20th place among the world’s top automobile manufacturers producing 821,060 vehicles by the end of 2019, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), worldpopulationreview.com reported.

The value of Iran’s non-oil trade rose 47 percent during the first six months of the current Iranian calendar year (March 21-September 22) as compared to the same period of time in the past year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

The annual overhaul program of Iran’s power plants has begun for 40 units of power plants with a total capacity of 7,000 megawatts across Iran, Managing Director of Iran Grid Management Company Mostafa Rajabi Mashhadi announced.

A Ugandan trade delegation accompanied by Ugandan Ambassador to Tehran met with Iranian businessmen at Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) in Tehran and during the meeting they explored ways to expand trade ties by resolving current problems and removing obstacles.

Secure investment is always one of the concerns of individuals in society. For a long time, people have been looking to make the best use of their savings and market resources, so that while maintaining its value against inflationary shocks, they can benefit from the growth of their capital by creating value.Secure investment is always one of the concerns of individuals in society. For a long time, people have been looking to make the best use of their savings and market resources, so that while maintaining its value against inflationary shocks, they can benefit from the growth of their capital by creating value.

Oil Minister Javad Owji said Iran’s oil production in the western province of Ilam is projected to increase by 100,000 barrels per day.