Thursday, 21 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.

3,500 kilometers of roads in rural areas to be asphalted 02 Jun 2021

3,500 kilometers of roads in rural areas to be asphalted

The head of Iran’s Road Maintenance and Transportation Organization (RMTO) announced that 3,500 kilometers of roads in the country’s rural regions will be asphalted under the framework of “Abrar Plan” by the end of the current Iranian calendar year (March 20, 2022).

Iranian delegation visiting Russia to attend SPIEF 2021 02 Jun 2021

Iranian delegation visiting Russia to attend SPIEF 2021

Iranian Energy Minister Reza Ardakanian is visiting Russia on top of a trade delegation to attend the 24th St. Petersburg International Economic Forum (SPIEF 2021), IRNA reported.

Iran to import 140MW of electricity from Turkmenistan 02 Jun 2021

Iran to import 140MW of electricity from Turkmenistan

Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said the country will import 140 megawatts (MW) of electricity from Turkmenistan in a bid to meet domestic power need.

E-commerce contribution to Iran’s GDP rises nearly 2.5 times 02 Jun 2021

E-commerce contribution to Iran’s GDP rises nearly 2.5 times

The share of e-commerce in Iran’s gross domestic product (GDP) has increased by 2.4 times, Finance and Economic Affairs Minister Farhad Dejpasand announced.

Iran will return to oil market as soon as sanctions are lifted 02 Jun 2021

Iran will return to oil market as soon as sanctions are lifted

Iranian Oil Minister Bijan Namdar Zanganeh has said Iran is ready to return to the oil market as soon as the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is revived and the U.S. sanctions are lifted, Shana reported.

Iran, China establish center for joint cooperation of SMEs 01 Jun 2021

Iran, China establish center for joint cooperation of SMEs

 Iran Small Industries and Industrial Parks Organization (ISIPO) and Shanghai International Cooperation Association of Small and Medium Enterprises (SMEs) have launched a center for joint cooperation of the two countries’ SMEs.

Iran’s biggest cement production line inaugurated 01 Jun 2021

Iran’s biggest cement production line inaugurated

Iran’s biggest cement production line was put into operation in northern Alborz Province’s Abyek Cement Complex on Tuesday in a ceremony attended by the Industry, Mining, and Trade Minister Alireza Razm Hosseini, Shata reported.

55 idle industrial units revived in Sistan-Baluchestan 01 Jun 2021

55 idle industrial units revived in Sistan-Baluchestan

A provincial official announced that 55 idle industrial units were revived in Iran’s southeastern Sistan-Baluchestan province in the past Iranian calendar year (ended on March 20).

Annual exports of polymer products exceed $1.3b 01 Jun 2021

Annual exports of polymer products exceed $1.3b

  Iran exported over $1.31 billion worth of polymer products in the previous Iranian calendar year (ended on March 20), according to the chairman of the Export Committee of Iran National Plastic and Polymer Industries Association.

Over €500m being invested to build 2 solar farms in Fars province 01 Jun 2021

Over €500m being invested to build 2 solar farms in Fars province

As announced by a provincial official, 2 mega solar farms are being constructed in Fars province via investing €567 million.