TEHRAN – Managing Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Sadegh Najafi said the organization has 37 major projects underway with $2 billion of foreign investment. “We have extensive planning to attract foreign investment in our projects; in this regard ISIPO seeks to present highly profitable projects to foreign companies as well […]

TEHRAN- During the first 11 months of the present Iranian calendar year (March 21, 2017- February 19, 2018) above 1.035 quadrillion rials (about $23.11 billion) of goods have been traded at Iran Mercantile Exchange (IME), registering 39 percent increase in comparison with the same period in the previous year, IRNA quoted the CEO of Iran […]

The visiting Omani Minister of Tourism Ahmed bin Nasser al-Mahrizi met with the Chief of Iran Cultural Heritage, Tourism and Handicrafts Organization (CHTHO) Ali-Asghar Moonesan in Sa’adabad Historical and Cultural Complex on Saturday Feb. 24. The two sides exchanged their views on the issues of tourism and cultural heritage and emphasized to broaden and enhance […]

Director general of Kurdistan province Customs Office Bakhtiar Rahmanipour revealed the 113 percent growth of goods import from borders of this province in the 11 months of the current Iranian calendar year in 1396 (to end March 20, 2018) as compared to the same period of last year. Speaking on late Saturday at 11th session […]

TEHRAN- Iran’s light crude oil price fell $3.18 in the week ended on February 16 to settle at $59.96 per barrel, Shana reported on Saturday. The country’s light oil price was reported $66.20 on average since the beginning of 2018 until February 16. Iran’s heavy crude oil also experienced a $2.71 fall in the said […]

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate for the 12-month period ended on the last day of the eleventh Iranian calendar month Bahman (February 19) compared to the same period in the previous year hit 9.9 percent. It is while the Statistical Center of Iran had previously put the inflation […]

TEHRAN- Iran’s Industrial Development and Renovation Organization (IDRO) plans to implement some 54 projects using 660 trillion rials (about $14.73 billion) of investments by March 20, 2022, the organization’s Head Mansour Moazzami announced on Saturday. As IRNA quoted him as saying, implementation of these projects, which are aimed at supporting production and job creation in […]

Political, Security and Social Deputy Governor-Generalship of Hormozgan Province Behrouz Akrami here on Saturday pointed to the significant status of this province in economic and trade activities of the country and said, “according to statistics, more than 56 percent of products in the country is imported and exported through this province. As a trade and […]

TEHRAN- Some 3,000 semi-finished governmental projects are ready to be offered to the private sector, an official announced. As IRNA quoted Ali Abdolalizadeh, the chairman of task force for transferring semi-finished governmental projects to the private sector, completion of these projects requires five quadrillion rials (about $111.11 billion) of finance. In addition to the named […]

TEHRAN – Malaysia’s Port Klang hosted the first meeting between Iranian and Malaysian officials focusing on potentials of Iranian ports especially Chabahar Port in southern Iran. As reported by IRNA, held on Friday, the meeting was attended by representatives of Malaysian maritime and logistics sectors, including shipping, warehouses, packaging and consulting. As part of Iran-Malaysia’s […]