Khadem Mansouri: No Bike Imports From India
Head of Iran Bicycle, Motorcycle and Spare Parts Sellers Union Mohammad Khadem Mansouri says there are currently no imports of bikes from India and as long as sanctions are not lifted, Indians will not sell bikes to Iran.
Border Fencing Has No Effect on Iran-Pakistan Official Trade
A member of board of directors of Pakistan-Iran Joint Chamber of Commerce says Iran’s schedule for exports to Pakistan has not been materialized and Pakistan’s action for fencing the border with Iran has no impact on the both countries’ official trade.
4,800MW capacity of new power plants under construction in Iran
Iranian Energy Minister Reza Ardakanian said on Thursday that 12 power plants with a total capacity of 4,800 megawatts (MW) are currently under construction across the country, IRIB reported.
TSE’s main index gains 3,000 points in a week
TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 3,000 points, or less than one percent, in the past Iranian calendar week.
Tire output climbs 3% in 2 months on year
Production of tires in Iran has risen three percent during the first two months of the current Iranian calendar year (March 21-May 21), compared to the same period of time in the past year.
Iran starts electricity import from Azerbaijan
Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said that in order to reduce restrictions on electricity supply, electricity imports from Azerbaijan began on Thursday.
‘Selected president should have an understanding of capital market’
Regarding the capital market expectations from the future president, a board member of Iran’s Securities and Exchange Organization (SEO) said the people's choice must have an understanding of the capital market and its place in the economy.
Iran, Azerbaijan ink MOU for constructing bridge over Astarachai
Iran and the neighbor Azerbaijan have signed a memorandum of understanding (MOU) for cooperation in constructing a bridge over the Astarachai border river, IRNA reported.
Aluminum ingot output up 33% in 2 months on year
Production of aluminum ingot in Iran rose 33 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year.
Energy projects worth over $7.5b inaugurated in 3 provinces
President Hassan Rouhani on Thursday inaugurated several major water and electricity industry projects valued at over $7.5 billion through video conference in three provinces, IRNA reported.