Iran to offer incentives for foreign investments of over $250,000
Iranian Finance and Economic Affairs Minister Farhad Dejpasand said on Tuesday that the government is providing especial facilities for foreign companies that bring in over $250,000 of investment into the country, IRNA reported.
ESCO in Touch With 15,000 Suppliers of Parts and Raw Material
TEHRAN – The CEO of Esfahan Steel Company (ESCO) Eng. Mansur Yazdizadeh says the company is to boost its current amount of its cast iron production from 3m to 4m tons in 2020.
Goods exports volume from Astara railway at $4bn in Q1
Statistics showed that $4 billion worth of products were exported from Astara Railway in the first three months of the current Iranian year (March 21 – June 21).
Iran repairs oil supertanker for first time in country
For the first time in the history of Iran’s shipping industry and in line with supporting domestic industry, repairing supertanker of the National Iranian Tanker Company (NITC) became operational in domestic repair yards.
Majlis passes bill for boosting gas condensate, oil refining capacity
Iranian Parliament has approved the generalities of a bill for increasing the capacity of the country’s oil and gas condensate refineries by domestic investment, IRNA reported.
IRISL ranks 14th among world’s top 100 shipping lines
Islamic Republic of Iran Shipping Lines (IRISL) is ranked 14 in Alphaliner’s latest list of world’s top 100 shipping lines published on June 20, Tasnim news agency reported on Monday.
Zanganeh denies reports of decline in Iran’s oil exports
Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that reports about recent declines in Iranian oil exports are not true.
Pakistan-Iran freight train service back on track
The Pakistan-Iran freight train service has been restored after remaining suspended for four days due to the derailment of nine bogies in Pakistan’s Taftan area, Chagai district.
NIDC drills 28 oil wells in Q1
The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year, which began on March 21.
Inflation rate at 37.6%: statistical center
The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on June 21, which marks the end of the third Iranian calendar month of Khordad, stood at 37.6 percent, IRNA reported.