Sunday, 3 August , 2025
  • Iran’s Trade Surplus with Pakistan Grows 02 Aug 2025

    Iran’s Trade Surplus with Pakistan Grows

    TEHRAN - ran currently enjoys a favorable trade balance with Pakistan, exporting goods at a rate 3.5 times greater than its imports from the neighboring country, according to Iranian trade officials. The deepening of economic ties is expected to be a major topic during President Masoud Pezeshkian's official visit to Islamabad, his first bilateral foreign trip since Israel’s recent 12-day military campaign against Iran.

Iran to expand domestic rail equipment production 24 Jul 2019

Iran to expand domestic rail equipment production

Iran Railways (RAI) is looking to increase the production of rail equipment and expand the export to more foreign countries, head of Islamic Republic of Iran Railways Saeed Rasouli told Trend.

VP inaugurates Mapna locomotive unit’s development project 24 Jul 2019

VP inaugurates Mapna locomotive unit’s development project

Iran’s First Vice President Es’haq Jahangiri inaugurated a development project of Mapna Group’s locomotive manufacturing complex in Alborz Province on Tuesday, IRNA reported.

EGFI ranks 1st among Aman Union members 24 Jul 2019

EGFI ranks 1st among Aman Union members

Export Guarantee Fund of Iran (EGFI) has been ranked first in terms of performance among the members of the Aman Union, IRNA reported on Monday, quoting the EGFI head.

IMIDRO to implement projects worth $4.5b by March 2020 24 Jul 2019

IMIDRO to implement projects worth $4.5b by March 2020

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will put projects worth $4.5 billion into operation by the end of current Iranian calendar year (March 19, 2020), IRIB reported quoting the head of organization as announcing on Monday.

Bank Keshavarzi of Iran, Exim Bank of India Officials Meet 24 Jul 2019

Bank Keshavarzi of Iran, Exim Bank of India Officials Meet

TEHRAN – The CEO of Bank Keshavarzi of Iran Mr. Ruhollah Khodarahmi and general manager of Exim Bank of India Mr. Rikesh Chand met in Tehran and discussed ways for strengthening banking relations.

Power consumption in Iran at all time high 23 Jul 2019

Power consumption in Iran at all time high

Iran’s electricity consumption hit a new record on Monday as it reached the peak of 57,681 megawatts, the Energy Ministry’s spokesman for the power department said.

INSTEX offers ‘almost nothing’: lawmaker 23 Jul 2019

INSTEX offers ‘almost nothing’: lawmaker

A member of Iranian parliament says that Europeans should not pin hope on INSTEX as a tool for persuading Iran to stop reducing commitments to nuclear deal because the financial channel offers ‘almost nothing’.

Quarterly sponge iron output up 13% year on year 23 Jul 2019

Quarterly sponge iron output up 13% year on year

Production of sponge iron in Iran rose 13 percent during spring, which corresponds to the first quarter of Iranian calendar year, compared to the same period of time in the past year, IRNA reported on Monday.

800km of gas pipelines to be added to national network by Mar. 2020 23 Jul 2019

800km of gas pipelines to be added to national network by Mar. 2020

Head of Iranian Gas Engineering and Development Company (IGEDC) said the company plans to build 800 kilometers of pipelines for gas transmission by the end of the current Iranian calendar year (March 20, 2020).

Stock market value reaches $285.7b 23 Jul 2019

Stock market value reaches $285.7b

The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.