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Economy News

9-month aluminum ingot production exceeds 185,000 tons

9-month aluminum ingot production exceeds 185,000 tonsTEHRAN- Iran’s major aluminum producers produced 185,570 tons of aluminum ingots during the first nine months of the current Iranian calendar year (March 21-December 21), IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)....
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CNG consumption up 31% following gasoline rationing

CNG consumption up 31% following gasoline rationingTEHRAN – Consumption of compressed natural gas (CNG) in Iran has increased by 31 percent since the implementation of the gasoline rationing scheme, according to the Natio...
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400 kilometers of highways to be inaugurated by Feb. 11

400 kilometers of highways to be inaugurated by Feb. 11TEHRAN – About 400 kilometers of highways will be inaugurated throughout Iran during the Ten-Day Dawn (Feb. 1-11 which marks the 41st anniversary of the Islamic Revolutio...
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Iran not relying on Swiss mechanism for supplying medicine, basic goods

Iran not relying on Swiss mechanism for supplying medicine, basic goodsTEHRAN – Central Bank of Iran (CBI) Governor Abdolnasser Hemmati has said Iran is not relying on the recently launched Swiss-based mechanism for supplying agricultural co...
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FTA with EAEU, a turning point for Iran’s trade

FTA with EAEU, a turning point for Iran’s tradeAfter several years of negotiations, Iran and Eurasian Economic Union (EAEU) finally reached a free trade agreement (FTA) in 2018 based on which about 862 commodity items...
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NIMA supplies over €25b for imports of goods, services since April 2018

NIMA supplies over €25b for imports of goods, services since April 2018TEHRAN - Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied over €25 billion for imports of goods and services since it was launched ...
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133 major energy projects inaugurated across Iran

133 major energy projects inaugurated across IranTEHRAN – Iranian Energy Minister Reza Ardakanian said on Saturday that 133 major energy projects have been inaugurated across the country in recent months, IRNA reported,...
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TEDPIX down 954 points on Saturday

TEDPIX down 954 points on SaturdayTEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), fell 954 points to 426,184 on Saturday, IRNA reported....
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Industrial unit establishment permits rise 18% in 9 months

Industrial unit establishment permits rise 18% in 9 monthsTEHRAN- The number of permits issued for establishment of industrial units in Iran has increased by 18 percent during the first nine months of the current Iranian calenda...
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Manufacturing of refrigerators, freezers rises 3.9% in 9 months on year

Manufacturing of refrigerators, freezers rises 3.9% in 9 months on yearTEHRAN- Manufacturing of refrigerators and freezers in Iran has increased 3. 9 percent during the first nine months of the current Iranian calendar year (March 21-Decembe...
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TEDPIX up 4% in a week

TEDPIX up 4% in a weekTEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 15,928 points, or four percent, to 427,139 during the past Iranian calendar week (ended on Friday), IR...
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Mount Damavand is the highest peak in Iran and the highest volcano in Asia.

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