Non-oil Cargoes Doubled in Chabahar Port
Loading and unloading of non-oil cargoes increased by 97 percent in Chabahar port in the first five months of the current Iranian year.
US Tech Stocks See Worst Decline since March
US stocks ended a volatile session with major averages mixed, as declines in technology shares continued after a five-month rally came to a halt last week.
Over $2b Commodities Traded in IME
Iran Mercantile Exchange (IME) announced on Saturday that 923,380 tons of commodities, valued at over $2 billion, were traded in its domestic trading and export halls in the week.
New Contractor Picked for Key Railroad Project to Iraq
The Iranian government picked up a new contractor for construction of a key railroad extension into Iraqi territory.
Iranian Power Grid to Connect to Azerbaijan, Russia Grids
Iranian Energy Minister Reza Ardakanian said the country’s electricity network will soon be linked to Russia and Azerbaijan in a couple of months.
Annual Export of Construction Materials Hits $7b: Industry Minister
Iran earned nearly $7 billion from exports of various materials used in construction activities in the year ending March 19, 2020.
Iran Uses Sovereign Wealth Fund to Stabilize Stock Market
The Iranian government said it will put aside one percent of the country’s sovereign wealth fund to stabilize the stock market which has fallen for consecutive sessions in recent weeks.
Iran’s 25th Oil Exhibition to Be Held in October
Iran's oil company announced on Wednesday the 25th International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from October 12 to 15, 2020, in Tehran.
Iran, Malaysia Talk on Preferential Trade Deal
A third round of discussions on signing a preferential trade agreement (PTA) between Iran and Malaysia have shown a progress on Wednesday.
New Iranian Border Crossing with Afghanistan to Ease trade
A new border crossing is due to be established along the Iranian border with Afghanistan to ease trade between the two neighboring countries, an official said.