Purchasing stocks of Chinese banks by Iran’s private sector entities is at the final stage, so that Bank of China (BoC) issued necessary license for this move. Buying stocks of Chinese banks by Iranians has long been raised. For his part, Chairman of Iran and China Joint Chamber of Commerce Asadollah Asgarowladi said, “suitable ways […]

Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholamhossein Shafe’ei put Iran’s share of global export market at 0.24 percent. Speaking on Thursday afternoon in commemoration of Exports Day and exemplary exporters in Kerman Province, held at the venue of Kerman Chamber of Commerce, he put the rate for each ton of […]

TEHRAN- Iran exported $183 million worth of home appliances during the nine-month period ended on December 21, 2017, according to an official in Iran’s Trade Promotion Organization (TPO). Masoud Kamali Ardakani, the director for Industrial and Mineral Products Export Development Office of TPO, mentioned Iraq, Afghanistan, Sudan, Tajikistan, Turkey and Italy as some export destinations […]

TEHRAN – Iran’s production of gold ingots is seen to reach the record high of six tons by the end of the current Iranian calendar year (March 20, 2018), IRNA reported quoting Iranian deputy industry, mining and trade minister as saying on Wednesday. According to Jafar Sarqeini, the figure was expected to reach seven tons […]

TEHRAN – Iran’s production of gold ingots is seen to reach the record high of six tons by the end of the current Iranian calendar year (March 20, 2018), IRNA reported quoting Iranian deputy industry, mining and trade minister as saying on Wednesday. According to Jafar Sarqeini, the figure was expected to reach seven tons […]

TEHRAN– Bulk carrier ‘Ocean Master’ carrying 5,500 tons of Iron docked and was unloaded at Chabahar port in south Iran. The first ship from South Korea carrying an iron consignment arrived at Chabahar port last month (December). Iranian president inaugurated international Shahid Beheshti Port in Chabahar on December 3, 2017. Chabahar Port is a seaport […]

TEHRAN – A university scholar says that transferring water from the Caspian Sea to the Iranian central plateau may be more dangerous than an atomic explosion. “The detrimental impacts of transferring water from the Caspian Sea to the central province of Semnan can be more catastrophic than a nuclear explosion,” Mohammad Darvish, a faculty member […]

TEHRAN – After a landmark nuclear deal signed between Iran and six world’s major powers, rosy and bright future was opened for the Islamic Republic of Iran in a way that a number of 21 shipping lines resumed their activities in Shahid Rajaee Port. Director General of Hormozgan Province Ports and Maritime Organization Allah-Morad Afifi […]

TEHRAN- Construction of 50 new industrial estates will be started in the rural areas in early February, the head of Iran Small Industries and Industrial Parks Organization announced. As IRNA quoted Sadeq Najafi on Tuesday, the constructions will be commenced on the occasion of Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic […]

TEHRAN- Electricity will be supplied to some 400 villages, with population of less than 10 families, by the end of the current Iranian year (March 20, 2018), an official from Iranian Energy Ministry announced in a conference on Tuesday. “Some 900 billion rials (about $19.7 million) of finance is to be granted for supplying electricity […]