Iranian Deputy Industry Minister Mohsen Salehinia said that there are about 80,000 production units in the country, of which 68,000 units are active. Of the mentioned number, 90 percent are small industrial units, six percent are medium-sized industrial units and four percent are large industrial units, the official said. The deputy minister further said that […]

Platform 14C of Iran’s South Pars gas field (in the Persian Gulf), which had been loaded at Sadra industrial yard in the southwestern province of Bushehr on September 1, was installed on its designated offshore spot on Wednesday, Shana reported. The 2,200-ton structure, which is the second platform of South Pars phase 14 of development, […]

 China’s crude imports from Iran in August have reached 874,000 b/d which is the highest record in oil trading of the two countries. The last record high was in April 2014 when china imported 803,000 b/d from Iran. As reported by S&P Global Platts, the imports in August included barrels directly shipped to China and […]

The Iranian Intellectual Property Center and the Danish Patent and Trademark Office inaugurated their three-year close cooperation within the area of intellectual property (IP) rights on Tuesday in a bid to make a closer tie between Iran and Denmark on protection of IP in Iran, to ease attract foreign investments into the Asian country and […]

 Trade Promotion Organization (TPO) of Iran plans to dispatch a trade delegation to Omani capital Muscat from October 7 to 11, TPO website published. The Iranian delegates active in the fields of maritime logistic services and port industries will be sent to Oman to visit Supply Chain & Logistics Expo 2018 which will be held […]

Iran will set up a pavilion in an energy exhibition which will be held in Minsk, the capital city of Belarus, from October 9 to 12, 2018. The Iranian companies to participate in Energy Expo Minsk 2018 are active in the fields of oil, gas, petrochemicals, electricity, renewable energy, power plant and dam building, and […]

 “Government has prepared five new packages and 12 programs to tackle the current economic conditions and is ready to brief the parliament members about them,” government spokesman Mohammad-Baqer Nobakht announced addressing the parliament on Wednesday, IRNA reported. Some 300 trillion rials (about $7.1 billion) of budget has been allocated for implementation of these strategies, according […]

Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 2,726 points to end Tuesday’s trade at 137,983, IRNA reported. As reported, 2.561 billion shares worth 6.192 trillion rials (about $147.4 million) were traded through 138,820 deals in the stock market. The first market’s index fell 2,176 points while the second market’s index added 4,621 points on […]

 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 […]

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 […]