Saturday, 23 August , 2025
  • Tehran Chamber Warns of Widespread Stagflation 20 Aug 2025

    Tehran Chamber Warns of Widespread Stagflation

    TEHRAN - The 29th monthly session of the Tehran Chamber of Commerce’s 10th board convened with sharp warnings from private sector representatives and government officials over mounting economic challenges, from shortages in animal feed to rising energy costs, stagnant investment, and signs of deepening stagflation.

Iranians Rush to Armenia to Vaccinate 05 Jul 2021

Iranians Rush to Armenia to Vaccinate

Head of Iran-Armenia Joint Chamber of Commerce says the number of Iranians visiting Armenia is on the rise for COVID-19 jabs.

Projects worth over $3b underway in industrial parks, zones 04 Jul 2021

Projects worth over $3b underway in industrial parks, zones

Head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said 428 development projects worth 129 trillion rials (about $3 billion) are currently underway in the country’s industrial parks and zones.

No worries over supply of basic, strategic goods 04 Jul 2021

No worries over supply of basic, strategic goods

Iranian President Hassan Rouhani said on Sunday that enough basic and strategic goods have been produced and imported into the country and there are no worries over the supply of such commodities, Mehr News Agency reported.

NIDC allocates over $123m to renovate, drilling rigs 04 Jul 2021

NIDC allocates over $123m to renovate, drilling rigs

National Iranian Drilling Company (NIDC) has allocated 5.2 trillion rials (about $123.8 million) for the renovation and upgrading of its drilling rigs and equipment in the company’s operational, technical, specialized, and logistical departments.

178m Kwh of electricity generated from renewable sources in a month 04 Jul 2021

178m Kwh of electricity generated from renewable sources in a month

Iranian renewable power plants generated 178 million kilowatt-hours (Kwh) of electricity in the third month of the current Iranian calendar year (May 22- June 21), IRNA reported.

Washcoat Production Line Inaugurated in Qom 04 Jul 2021

Washcoat Production Line Inaugurated in Qom

Concurrent with National Industry and Mine Day, the production line of washcoat (kind of catalyst used in the auto industry) was inaugurated in Qom in presence of Deputy Minister of Industry, Mine and Trade and Head of Industrial Development  and Renovation Organization of Iran (IDRO)Mr. Mohsen Salehinia.

Value of Traded Goods on IME Hit 350,000b Tomans 04 Jul 2021

Value of Traded Goods on IME Hit 350,000b Tomans

Managing Director of Iran MercantileExchange (IME) Hamed Soltaninejad, referring to setting a new record for offering commodities on IME, said the value of the commodities traded on IME stood at about 350,000b tomans last year.

Iran almost self–sufficient in production of home appliances 03 Jul 2021

Iran almost self–sufficient in production of home appliances

Iranian Industry, Mining and Trade Minister has said the country is on the verge of self-sufficiency in the production of various types of home appliances, IRNA reported.

1st meeting of Iran-Serbia energy, mining working group held online 03 Jul 2021

1st meeting of Iran-Serbia energy, mining working group held online

The first meeting of an Iran-Serbia energy and mining working group, which has been established under the framework of the two countries’ Joint Economic Committee, was held through video conference on June 30.

RAI takes new steps for domestic railway signaling 03 Jul 2021

RAI takes new steps for domestic railway signaling

The Islamic Republic of Iran Railways (known as RAI) has inked a memorandum of understanding (MOU) with two local entities namely Iran Khodro Company (IKCO) and Farab Industrial Group for equipping a railway line near capital Tehran with signaling systems.