TEDPIX climbs 8,400 points on Wednesday
TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 8,443 points to 1.256 million on Wednesday.
Foreign Hoteliers Reluctant to Invest in Iran
Head of Iran Hoteliers Association says foreign hoteliers mostly seek selling their brands in Iran rather than investment in Iran for construction of hotels.
Major automakers manufacture 203,500 vehicles in a quarter
Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 203,529 vehicles during the first quarter of the current Iranian calendar year (March 21- June 21), the data released by Codal website showed.
Over 1,000km added to Iran’s transit routes in 8 years
Iranian Transport and Urban Development Ministry data shows that more than 1,000 kilometers (km) have been added to the country’s transit routes over the past eight years, IRNA reported.
Tehran hosting 2 international exhibitions
The 18th International Exhibition of Kitchen, Bath, Sauna, Pool Industries, and Equipment, as well as the 13th edition of Doors and Windows Technology International Exhibition of Iran (Do-Win Tech 2021), opened at the Tehran Permanent International Fairgrounds on Tuesday, IRNA reported.
Water, electricity projects worth over $102m put into operation
Energy Minister Reza Ardakanian on Tuesday inaugurated five major water and electricity industry projects valued at 4.32 trillion rials (about $102.8 million) through a video conference in the 13th week of the ministry’s A-B-Iran program in the current Iranian calendar year (started on March 21).
60% of Iran’s industrial parks in need of renovation
The deputy head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced that 60 percent of the country’s industrial parks are more than 15 years old and need to be renovated, IRNA reported.
Iran Seeks Russia’s Help to Boost Its Northern Ports
Iran's Ports and Maritime Organization (PMO)'s Deputy Head for Ports and Economic Affairs Farhad Montaser Kouhsari says there has been no growth in the northern ports of the country in the past eight years and the country will seek Russia’s help to boost the northern ports.
Iran-China Trade Stands at $5.5b in 5 Months
According to China’s Customs Office report, the trade exchange between Iran and China in the first five months of 2021 stood at $5.5b which shows 14 percent decline comparing to the same period last year.
Housing price in Tehran city rises 3% in a month
Average housing price rose three percent in Tehran City during the past Iranian calendar month of Khordad (ended on June 21), compared to its previous month, according to a report by the Central Bank of Iran (CBI).