Iran, Iraq discuss expansion of energy ties
Iranian Oil Minister Javad Oji and visiting Iraqi Minister of Electricity Ziyad Ali Fazel explored avenues of developing the two countries’ relations in the energy sector on Wednesday night.
Bank loans to economic sectors rises nearly 24% in 7 months
The Iranian banking system has paid 28.47 quadrillion rials (about $56 billion) of facilities to different economic sectors in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 23.9 percent rise from the figure in the same period of the previous year, the Central Bank of Iran (CBI) announced.
Rail transportation brings Iran $1.3b in fuel savings in a year
The managing director of the Islamic Republic of Iran Railways (known as RAI) has said using rail transportation has made the country $1.3 billion in fuel savings during the previous Iranian calendar year (ended on March 20).
Iran, Afghanistan determined to expand trade, transit ties
Iran and Afghanistan, two neighbors with many commonalities, believe that the current level of their mutual economic and trade ties is not satisfactory, and they should pursue the development of these ties more seriously.
‘Grounds prepared to build renewable power plants with 6,900MW capacity’
The Spokesperson of the Iranian Energy Ministry’s electricity sector has said that the necessary preparations have been made for the construction of renewable power plants with a total capacity of 6,900 megawatts (MW) across the country, IRNA reported.
NICICO exploratory excavations rise 20%
The managing director of the National Iranian Copper Industries Company (NICICO) said the company has conducted 240,000 meters of exploratory excavation since the beginning of the current Iranian calendar year (March 21) which is 20 percent more than the figure for the previous year.
National Housing Movement, a top priority of current government
The National Housing Movement is one of the major policies of the 13th government in the housing sector, and according to this policy, the construction of four million residential units is planned in four years.
Exports from mining sector rises 7.5% in 7 months on year
Iran exported 35.87 million tons of minerals and mining products worth over $7.4 billion in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 7.5 percent increase year on year.
China’s import of Iran’s oil jumps: report
China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions, Reuters reported.
Iran-Tajikistan trade up 10 folds in 2 years
Iranian Energy Minister Ali-Akbar Mehrabian has said the trade between Iran and Tajikistan has increased by 10 times over the past two years, Fars News Agency reported.