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Exports capacity at $700mn for home appliances this year: Official 15 May 2019

Exports capacity at $700mn for home appliances this year: Official

"Iran has the capacity to export $700 million of home appliance by the current Iranian calendar year 1398 (March 20, 2020)," director general of Metal Products and Home Appliances Department of Industry Ministry announced on Wednesday.

Tehran handicrafts exports exceed $84 million 15 May 2019

Tehran handicrafts exports exceed $84 million

A total of $84.12 million worth of handicrafts were exported from Tehran province during the last fiscal year (ended on March 20), a deputy at Tehran’s Cultural Heritage, Handicraft and Tourism Directorate said.

Lengeh Port throughput hikes 15 May 2019

Lengeh Port throughput hikes

During the first month of the current Iranian year (March 21- April 20), Iran's Lengeh Port and its subsidiaries in the western part of Hormozgan province handled a total of 1.268 million tons of oil and non-oil products, showing a 71% increase compared to the same period last year.

Plans under way to complete petchem value chain in Asaluyeh 15 May 2019

Plans under way to complete petchem value chain in Asaluyeh

An official with the National Petrochemical Company (NPC) said the company viewed completion of the value chain in Asaluyeh, south Iran, as a strategy.

Mogherini hopes Iran-EU financial channel to become operational in next few weeks 14 May 2019

Mogherini hopes Iran-EU financial channel to become operational in next few weeks

European Union (EU) Foreign Policy Chief Federica Mogherini hoped that financial channel between Iran and EU dubbed “INSTEX” would become operational in the next few weeks.

Value of textile exports rises 6% in a year 14 May 2019

Value of textile exports rises 6% in a year

The value of Iran’s textile exports rose six percent during the past Iranian calendar year (ended on March 20, 2019), Afsaneh Mehrabi, director general of Textile and Clothing Industry Office at Ministry of Industry, Mining and Trade told IRNA on Sunday.

Monthly coal concentrate output up 33% yr/yr 14 May 2019

Monthly coal concentrate output up 33% yr/yr

Production of coal concentrate in Iran increased 33 percent during the first Iranian calendar month of Farvardin (March 21-April 20, 2019) compared to the output in the first month of the previous year, IRIB reported on Monday citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Hemmati lashes out at EU for ‘threadbare’ remarks over INSTEX 14 May 2019

Hemmati lashes out at EU for ‘threadbare’ remarks over INSTEX

Governor of the Central Bank of Iran criticized European countries for repeating ‘threadbare’ remarks over their promised trade mechanism for Iran (INSTEX) and their failure to make it operational.

No alternative to Iran electricity, says Iraqi minister 13 May 2019

No alternative to Iran electricity, says Iraqi minister

Iraq’s new electricity minister says there is no alternative that competes on volume or price or speed of delivery of Iran’s electricity.

TSE index slips down 5,000 points on Sunday 13 May 2019

TSE index slips down 5,000 points on Sunday

Tehran Stock Exchange (TSE)’s main index (TEDPIX) lost 5,000 points to stand at 204,069 points on Sunday.