Domestic knowledge-based companies to build ICT, electronic equipment for ports
Iranian knowledge-based companies have signed four deals with the Ports and Maritime Organization (PMO) for manufacturing electronic as well as Information and Communications Technology (ICT) equipment for the country’s ports.
Electricity projects worth over $320m put into operation
Iranian Energy Minister Reza Ardakanian inaugurated major electricity projects worth 13.45 trillion rials (about $320.2 million) across the country on Tuesday, in the sixth week of the ministry’s A-B-Iran program in the current Iranian calendar year (started on March 21).
Gas condensate output expected to reach 1.3m bpd
Iran’s gas condensate production is expected to reach 1.3 million barrels per day (bpd) by the end of the current Iranian calendar year (March 20, 2022), the Iranian Oil Ministry announced.
15 idle mines to be revived in Qom province
As announced by a provincial official, 15 idle mines are planned to be revived in Iran’s central Qom province by the end of the current Iranian calendar year (March 20, 2022).
Industry Ministry allows approved producers to export steel products
Iranian Industry, Mining, and Trade Ministry has issued a three-month waiver for some approved steel production units to be able to export steel products especially long sections, ILAN reported.
Tehran-Seoul Trade Hits Record Low in 15 Years
Head of the Iran-South Korea Joint Chamber of Commerce Mr. Hossein Tanhaei says the trade between Iran and South Korea has reached its lower level in the past 15 years.
Economic Growth Without Political Agreement “Unlikely”
Chairman of the Iran-Switzerland Chamber of Commerce believes economic growth of the country without political agreement with the world is unlikely and he welcomed the new 25-year cooperation document with China.
Iran Presses U.S for Guaranteed Relief From Banking Sanctions
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has revealed that Iran is pressing the United States for a guaranteed relief from sanctions that have targeted the country’s entire banking system in recent years.
Annual export, re-export from Anzali free zone surpasses $188m
The managing director of Anzali Free Zone Organization put the value of export and re-export from this zone at $188.7 million in the past Iranian calendar year (ended on March 20).
Cellphone prices fall 10-15% in Iranian market
The price of some cellphone models has dropped 10-15 percent in Iran in recent days following the drop in U.S. dollar exchange rates, an official with the Iranian Association of Cellphone, Tablet, and Accessories Importers announced on Monday.