TEHRAN – Gas processing facilities of Hengam gas field (in the Persian Gulf) is going to be officially inaugurated in near future, Shana reported on Monday quoting an official with the Iranian Offshore Oil Company (IOOC). According to IOOC’s Managing Director Hamid Bovard, all the field’s process, infrastructure and utility unites, including demineralization, sweetening, pipelines, […]

 Iranian knowledge-based companies are working on manufacturing a 72-seat aircraft in three years, head of Iran’s Aviation Industries Organization said Tuesday. The managing director of Iran Aviation Industries Organization, Manouchehr Manteghi, told Mehr News correspondent on Tuesday that researchers from knowledge-based companies are working on a project to complete the manufacture of a 72-seat aircraft in […]

TEHRAN – The value of trade between Iran and Armenia reached $263.5 million in 2017, a 10.3 percent increase compared to the previous year. According to Hamaiak Avadisyanes, Iran’s commercial attaché in Yerevan, the country exported $179.3 million worth of goods to Armenia in 2017 and trade balance between the two countries has been $95 […]

TEHRAN- Iran’s exports to China increased 25.2 percent in 2017 in comparison to the preceding year, Public Relations Department of Iran Trade Promotion Organization (TPO) quoted one of the organization’s officials. “China imported $18.58 billion of goods from Iran in 2017,” Hossein Rustaiee announced. “Crude oil, various types of polyethylene, methanol, sulfur, styrene, iron ore, […]

TEHRAN- In a ceremony on Monday, Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) inaugurated House of Economic Unions in a bid for creating more unity among members of the chamber and investigating their claims. The inauguration ceremony was participated by some board members of TCCIMA and also ICCIMA (Iran Chamber of Commerce, Industries, […]

TEHRAN- Transit of goods through Iran rose 20 percent during the first 10 months of the current Iranian calendar year (March 21, 2017-January 20, 2018) compared to the same period of time in the past year. Reza Nafisi, director general of Transit and International Transportation Department in Iran Road Maintenance & Transportation Organization, said 7.614 […]

The environmentalists’ concerns for tilapia farming is nothing new as the topic is being debated over the past few decades across the globe. However, the recent controversial decisions made regarding farming and importing tilapia in and to Iran has turned it into hot topic in Iran’s environmental circles. What is tilapia? Tilapia is the common […]

TEHRAN- Managing roads of the country requires eight trillion rials (about $167 million) of fund, Iranian Transport and Urban Development Minister Abbas Akhoundi said on Sunday. The minister lamented that it is while just two trillion rials of fund (about $42 million) has been allocated to this issue, IRNA reported.

Iran’s deputy energy minister said about 700 megawatts (MW) of electricity generated by the country’s clean power plants will be added to the national grid by late September 2018. Speaking to the Islamic Republic of Iran Broadcasting (IRIB), Seyed Mohammad Sadeqzadeh said the number of power plants generating electricity from renewable resources such as wind […]

Iran Air (HOMA) CEO Farzaneh Sharafbafi told the media that Iran Air will use the credit lines of French and Italian companies to buy new Airbus and ATR airplanes. “To buy some new aircrafts, the two plane-makers of France and Italy have specified two credit lines for Iran Air (HOMA),” announced Iran Air (HOMA) CEO […]