Iran to Increase Cigarette Output amid Lower Imports
The Iranian Tobacco Company (ITC) has extensive plans to boost output for cigarettes as demand for local brands surges amid lower imports.
IMIDRO: Iran Saves €1.5b in Steel Industry with Domestic Equipment
By using domestically-made equipment, Iran saved €1.5 billion in its steel industry for 12 years, said an official of Iranian Mines and Mining Industries.
Rouhani Administration Preparing Road Map for Economy
Iran’s President Hassan Rouhani said his administration has prepared a road map to the economy for the one remaining year of his tenure.
Iran to Build Giant Port along Southern Coast of Mokran
Iran is planning to build a giant port along the coast of Mokran, southern Sistan and Baluchestan province, a senior official said.
Pakistan to Establish Markets Along Iran Border
Pakistan Prime Minister’s Advisor for Textile, Industry & Production Abdul Razak Dawood announced that his country is to establish markets at its common border with Iran.
NIOC Inks Oilfield Development Contracts with Iranian Companies
The National Iranian Oil Company (NIOC) signed 13 contracts with domestic companies for the development of the country’s oilfields.
Russia, China Financial Alliance, Makes Dollar Crash?
A slew of current figures supports the trend, as the US dollar's share of trade between Moscow and Beijing dropped to a record low of 46 percent in the first quarter of 2020.
Sweets Exported from Iran Tops $152m in Four Months
Iran exported more than $152.89 million worth of sweets, chocolates, and biscuits to 56 countries in the first four months of the current Iranian year.
OPEC Stabilizing Crude Price Appreciated
OPEC has managed to raise crude prices and stabilize the oil market, Iran's Oil Minister Bijan Namdar Zanganeh said Monday.
Turkey Planning to Extend Search for Gas in East Mediterranean
Turkey said it plans to extend its search for gas in a disputed area of the Eastern Mediterranean.