آرشیو

Iran’s car production expected to rise by 50%: Deputy minister

Deputy Industry, Mine, and Trade Minister Mehdi Sadeqi Niaraki said the country’s car production is expected to rise by 50 percent in the next Iranian year (to start on March 21, 2022).

OPEC will continue with supply adjustments for oil market, chief says

The Organization of the Petroleum Exporting Countries (OPEC) will continue with its supply adjustments for the oil market, the OPEC secretary general said.

Iran-Turkmenistan-Azerbaijan gas swap deal outcome of activated diplomacy: Official

Head of the presidential office said that the recent gas swap deal between Iran, Turkmenistan and Azerbaijan was the result of activating Asia-based economic diplomacy.

Iran’s seven-month iron ore concentrate production nears 30m tons

Iran produced 29.95 million tons of iron ore concentrate in the first seven months of the current Iranian year (March 21-October 22), showing a four-percent rise year-on-year.

China top customer of Iranian saffron in March-October: IRICA

China topped the list of major saffron buyers from Iran in the seven months to October 22, showed figures by the Islamic Republic of Iran Customs Administration (IRICA) despite a fall in sales of the lucrative spice this calendar year.

Syria invites Iranian firms to invest in post-war reconstruction

Syria’s Minister of Industry Ziyad Sabbagh invited Iranian companies and advanced industries to invest in the Arab country’s process of reconstruction and recovery from a destructive Western-sponsored campaign of militancy.

Bitcoin falls by a fifth, cryptos see $1b worth liquidated

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.

Iran’s six-month handwoven carpet output hits 1.7m square meters

Head of Iran National Carpet Center, Farahnaz Rafe’, said on Saturday that 1.7 million square meters of handwoven carpets were produced in Iran during the six months to September 22.

Iran plans to add 10,000MW to power grid capacity

A report by the Iranian Ministry of Energy shows that the country has planned to add 10,000 megawatts (MW) of power production to its electricity grid capacity.

Iran-Russia payment clearing mechanism starts work

Chairman of Russian-Iranian Business Council Vladimir Obydenov announced on Saturday that a payment clearing mechanism between his country and Iran has been launched.