Thursday, 8 May , 2025
  • Kerman, Bukhara Propose Joint Carpet Market 07 May 2025

    Kerman, Bukhara Propose Joint Carpet Market

    TEHRAN - In a bid to revive the global recognition of two historic carpet-producing cities, Kerman and Bukhara, a joint market for their traditional handwoven rugs is being proposed. Seyed Mehdi Tabibzadeh, head of the Kerman Chamber of Commerce, emphasized the importance of collaborative efforts between the two cities to restore the reputation of Kerman and Bukhara carpets, which are currently being produced and marketed under these names by third-party countries.

Early Repayment of Sukuk Bonds Through Crude Oil Allowed 29 Sep 2020

Early Repayment of Sukuk Bonds Through Crude Oil Allowed

Iran’s Finance Ministry issued a notice allowing the repayment of sukuk, debt bonds that are compliant with Islamic financial principles, through the use of export crude.

Foreign Trade Exceeded $24b in Five Months: IRICA 29 Sep 2020

Foreign Trade Exceeded $24b in Five Months: IRICA

The Islamic Republic of Iran Customs Administration (IRICA) said the country’s foreign trade has exceeded $24.6 billion in the first five months of the current year.

Iran, Qatar Discuss Linking Power Grids through Sea 29 Sep 2020

Iran, Qatar Discuss Linking Power Grids through Sea

Iranian Energy Minister and Qatari Minister of State for Energy Affairs held an online meeting to discuss linking the two countries’ electricity grids via the sea.

Sugar Beet Production to Jump by March 28 Sep 2020

Sugar Beet Production to Jump by March

Iran will produce over five million tons of sugar beet by the end of the current calendar year (March 2021).

IGTC Reports of Increased Gas Injection into Iranian Storage Facilities 28 Sep 2020

IGTC Reports of Increased Gas Injection into Iranian Storage Facilities

Iran increased gas injection into storage facilities in the first half of the current calendar year (March 20-September 21).

VP Inaugurates Projects in Hormuzgan, Iran 27 Sep 2020

VP Inaugurates Projects in Hormuzgan, Iran

Iran’s First Vice President Es’haq Jahangiri inaugurated several development projects valued at about $425.9 million on Saturday during a visit to the southern province of Hormuzgan.

Exports of Raw Iron Decreased: Iranian Caretaker Minister 27 Sep 2020

Exports of Raw Iron Decreased: Iranian Caretaker Minister

Iran has decreased its raw iron exports nearly by six times in seven years to help a booming steel industry.

$1.7b Worth Commodities Traded at IME 27 Sep 2020

$1.7b Worth Commodities Traded at IME

IME announced on Saturday that 619,083 tons of commodities, valued at over $1.73 billion, were traded in its domestic trading and export halls.

New Platform in Persian Gulf Oilfield Installed 26 Sep 2020

New Platform in Persian Gulf Oilfield Installed

Iranian technicians and engineers have successfully installed another offshore drilling rig in the Persian Gulf waters.

Gas Consumption Tops 104 bcm in H1: NIGC 26 Sep 2020

Gas Consumption Tops 104 bcm in H1: NIGC

Iran’s natural gas consumption reached 104 billion cubic meters (bcm) in the first half of the current calendar year ending September 21.