Managing Director of Iran’s Technical and Soil Mechanics Lab Company (TSML) has said his company is ready for the exports of engineering-related laboratory services to foreign markets especially neighboring countries, IRIB reported on Wednesday.

Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki has announced the approval of the draft of the operational plan for the development of the country’s food and beverage industry chain, IRNA reported.

Iranian President Seyyed Ebrahim Raisi has announced the current Iranian calendar year’s (started on March 20) amended national budget bill to be implemented by the Planning and Budget Organization (PBO), IRNA reported.

Head of Iran's Securities and Exchange Organization (SEO) has said that the country’s production units and companies can boost their employment and production by raising capital through the stock market.

Iranian Transport and Urban Development Ministry unveiled the country’s transit-oriented development (TOD) system (called Sateh) on Tuesday in a ceremony attended by the outgoing Transport Minister Mohammad Eslami.

Head of Iran's Export Confederation Mohammad Lahooti says Turkey has replaced India as one of Iran’s major destinations for its exports, adding that Iran’s exports this year has grown.

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.

Iran’s National Petrochemical Company (NPC) is planning the fourth leap of the petrochemical industry, based on which the country’s petrochemical revenues are expected to reach $50 billion by the Iranian calendar year 1406 (starts in March 2027), according to NPO Managing Director Behzad Mohammadi.

As one of the major pillars of the Iranian economy, the oil industry has been evolving continuously over the past four decades and with the world stepping into the new era of technological advances the Iranian oil industry too has been taking new steps in this regard.

Head of Iran's National Petrochemical Company (NPC) Behzad Mohammadi says for the first time this year, the revenues of petchem industry will hit $21.5b, adding that by the yearend, some 43m tons of final petrochemical products will be produced and 33m tons of it to be exported.