Railroads network to be expanded by 530km
Iran will inaugurate 530 kilometers of railroads by the end of the present Iranian calendar year (March 20, 2019), Deputy Transport Minister Kheirollah Khademi announced. The official, who is also the managing director of Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC), mentioned completion of building 1,000 kilometers of railroads to connect five centers […]
5th Assembly of Experts meeting reviews economic situation
The 5th meeting of Assembly of Experts was held on Tuesday morning chaired by Ayatollah Ahmad Jannati. Reviewing the nation’s current livelihood status and the economic situation was put atop agenda of the meeting. The meeting was attended by Judiciary Chief Ayatollah Sadegh Amoli Larijani and Parliament Speaker Ali Larijani. President Rouhani was absent at the meeting […]
ICCIMA to dispatch trade delegation to Bulgaria in mid-Sep.
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will dispatch a trade delegation to Bulgarian capital city of Sofia in mid-September, ICCIMA website reported. The Iranian delegation’s visit will be concurrent with the meeting of Iran-Bulgaria Joint Economic Committee chaired by Iranian Transport Minister Abbas Akhoundi which will be held in Sofia from September […]
Bank loans to agriculture sector rise 35% in 5 months on year
The value of facilities that Iranian banking system paid to the agriculture sector rose 35.1 percent during the first five months of current Iranian calendar year (March 21-August 22), the managing director of Iran’s Keshavarzi Bank (literally meaning Agriculture Bank) announced in a press conference on Sunday. Ruhollah Khodarahmi said 150 trillion rials (about $3.5 […]
Iran’s largest CNG station put into operation in Isfahan Province
Iran’s largest compressed natural gas (CNG) station was put into operation in Na’een County in Isfahan Province, Shana reported on Monday. Mostafa Alavi, the managing director of Isfahan Province’s Gas Company, put the capacity of this station at 10,000 cubic meters per hour and said the stations has been built at the cost of 130 […]
Austria supports expansion of economic, industrial ties with Iran: envoy
Austrian Ambassador to Tehran Stefan Scholz said his country supports expansion of economic and industrial relations with Iran. Making the remarks in a meeting with Mansour Moazami, the head of Industrial Development and Revolution Organization (IDRO) of Iran, at the place of IDRO in Tehran on Sunday, the envoy put emphasis on the more progress […]
2 large aluminum, copper plants to be put into operation by Mar. 2019
Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that two large plants for production of aluminum and copper will be put into operation in the country by the end of current Iranian calendar year (March 20, 2019). Mehdi Karbasian also said that the 300,000-ton capacity aluminum plant in the south […]
Foreign tourists to Iran rise by 38% in first 4 months: official
The head of Cultural Heritage, Handicrafts and Tourism Organization said Sunday that the number of foreign tourists to Iran has risen by 38 percent during the first four months of current [Iranian calendar] year 1397 (starting March 21), compared to the same period last year. Last year (March 2017 – March 2018), some 5.1 million […]
Iranian companies to take part in Rebuild Syria Expo in Damascus
Director General of Trade Promotion Organization (TPO) of Iran’s Arabic-African Affairs Office Farzad Piltan announced that Iranian firms plan to participate in Rebuild Syria Exhibition which is going to be held on October 2-6, in Damascus, the portal of TPO reported on Sunday. The Iranian official voiced TPO’s readiness for setting proper ground for participation […]
Development of South Pars phase 14 achieves 82% progress
The project for implementing phase 14 of developing South Pars gas field, which Iran shares with Qatar in the Persian Gulf, has already achieved 82 percent progress, according to the operator of this phase.Hamidreza Masoudi also said that phase 14 enjoys the most Iranian technical and engineering capabilities among the similar projects, Public Relations Department […]