Exports from mining sector up 15%
Iran’s exports of minerals rose 15 percent in the first five months of the current Iranian calendar year (March 21-August 21) compared to the same period last year. The value of exported minerals stood at about $5 billion in the mentioned time span, IRNA reported quoting Jafar Sarqini, deputy industry, mining and trade minister as […]
Private Iranian, Korean nanotechnology sectors team up
TEHRAN – On Monday, Private sectors from Iran and South Korea discussed joint projects in nanotechnology during a meeting at the venue of Iran’s National Library and Archive. The sides plan to establish a joint club to expand cooperation in the field of nanotechnology, the Iran Nanotechnology Initiative Council announced in a press release, ISNA […]
Private sector to back single digitization of currency in current year vehemently
Member of Representatives Board of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Masoud Khayyatzadeh pointed to the single digitization of exchange rate in the country and said, “unification of exchange rate is the most important decision adopted by government’s economic team in the current Iranian calendar year in 1397 (started March 21, 2018).” […]
Private sector supplies 60% of Iran’s electricity
TEHRAN- Private sector accounts for generating 60 percent of electricity in Iran, Energy Minister Hamid Chitchian announced on Saturday. The minister also mentioned foreign countries’ interest in Iran’s power sector and said several power plants have been already built in the country through foreign investment. Iran’s nominal electricity generation capacity is 77,068 megawatts (MW) at present […]
NDF to grant $2b to exports sector
TEHRAN- “Iran’s National Development Fund (NDF) will allocate $2 billion to the exports sector,” Finance Minister Masoud Karbasian was quoted on Tuesday by the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) as saying. Karbasian made the remarks on the sidelines of the Government-Private Sector Negotiation Council’s meeting, where ICCIMA Head Gholam-Hossein […]