IME Weekly Trade Surpasses $221m
IME announced that 543,582 tons of commodities, valued at over $221 million, were traded in its domestic trading and export halls in the week ending October 8.
Iran Providing 90% of Refining Parts by Domestic Manufacturers
An official with the Tehran Oil Refining Company said more than 90% of the company's refining parts and equipment are provided by domestic manufacturers.
US Sanctions Won’t Affect Iran-Switzerland Financial Channel
Chaiman of Iran-Switzerland Chamber of Commerce noted, "New sanctions of the US on 18 Iranian banks will not affect the Iran-Switzerland financial channel.
$100 Million Allocated to Buy COVID-19 Rapid Test Kits: Iranian President
Iranian President Hassan Rouhani said the administration has allocated $100 million to purchase the test kits that allow rapid detection of coronavirus infection.
Iran, Russia Discuss Ways for Resumption of Flights
Iran’s envoy to Moscow and head of Russia’s Federal Air Transport Agency discussed ways for the resumption of direct passenger flights between the two countries.
Divest Shares of Farming Company to Private Owners Canceled
Iran’s Supreme Audit Court has canceled a government decision made two years ago to divest shares in the country’s largest farming company to private owners.
Iran: Aluminum Production Exceeds 200,000 Tons in 6 Months
Iran’s aluminum production reached 211,779 tons during the first six months of the current Iranian year (Mar. 20, 2020-Sept. 21, 2020).
Kish Island Hosting International Steel Exhibition
The 22nd Iran International Steel Exhibition opened on Monday evening at the permanent grounds of Kish Island’s International Exhibitions.
Iran Opens Teflon Cables Factory
Iran’s defense minister inaugurated a factory producing Teflon cables with application in military and civilian industries.
Iran Oil Exhibition Postponed due to Coronavirus Outbreak
Iran oil show will be postponed as the coronavirus outbreak grows once again in the capital Tehran, according to a statement by Oil Ministry.