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Iran plans 9 strategic rail corridors with €10b investment
TEHRAN - Iran's Deputy Head of Construction and Development of Transportation Infrastructure Company announced plans to build nine strategic rail corridors spanning 17,000 kilometers, contingent upon securing €10 billion in funding.
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Tehran, Astana to strengthen economic ties with new initiatives
TEHRAN - Mahmoud Najafi Arab, head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and Ontalap Onalbayev, Kazakhstan’s ambassador to Iran, met at the chamber on Monday to discuss ways to expand trade relations between the two countries.
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Iranian business delegation to accompany Pezeshkian on Tajikistan visit
TEHRAN - Iranian President Masoud Pezeshkian has emphasized private sector involvement in international and political trips, with a business delegation set to accompany him on his January 16 visit to Tajikistan, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) announced.
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South Azadegan oil output rises by 2,000 bpd
TEHRAN - The managing director of Arvandan Oil and Gas Company announced a 2,000-barrel-per-day increase in oil production from the shared South Azadegan field.
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Iran plans 9 strategic rail corridors with €10b investment
TEHRAN - Iran's Deputy Head of Construction and Development of Transportation Infrastructure Company announced plans to build nine strategic rail corridors spanning 17,000 kilometers, contingent upon securing €10 billion in funding.
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Iranian business delegation to accompany Pezeshkian on Tajikistan visit
TEHRAN - Iranian President Masoud Pezeshkian has emphasized private sector involvement in international and political trips, with a business delegation set to accompany him on his January 16 visit to Tajikistan, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) announced.
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Tehran, Astana to strengthen economic ties with new initiatives
TEHRAN - Mahmoud Najafi Arab, head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and Ontalap Onalbayev, Kazakhstan’s ambassador to Iran, met at the chamber on Monday to discuss ways to expand trade relations between the two countries.
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Iran invests $360m in agricultural industries, mechanization
TEHRAN - The head of Iran's Center for Agricultural Mechanization and Industries, affiliated with the Ministry of Agriculture, announced an investment of 180 trillion rials (about $360 million) in agricultural industries and mechanization since the beginning of the current Iranian calendar year (March 2024). He emphasized that these efforts have significantly reduced raw material exports, improved resource efficiency, and created jobs across the country.
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Value of Iran’s petchem export rises 32% in 9 months on year
TEHRAN- The value of Iran’s petrochemical export has increased 32 percent in the first nine months of the current Iranian calendar year (March 20 - December 21, 2024), as compared to the same period of time in the past year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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By Mahnaz Abdi
Solar systems for 1m families can generate 5,000 MW of electricity per year
TEHRAN- The head of the Association of Iranian Manufacturers and Suppliers of Renewable Energy Products and Services (known as SATKA) has said that if a five-kilowatt solar system is installed in each house and one million families are equipped in this way, and loans are allocated for this purpose, 5,000 megawatts (MW) of solar electricity will be produced annually.
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Free zones, marine industries councils sign cooperation MOU
TEHRAN – A memorandum of understanding (MOU) was signed between Iran’s Free Zones High Council and the High Council of Marine Industries to advance maritime economy initiatives.
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Iran sets official oil prices for January 2025
TEHRAN – The National Iranian Oil Company (NIOC) has announced its official crude oil prices for January 2025, IRNA reported.
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Iran, Uzbekistan commited to expanding regional transport, transit cooperation
TEHRAN - The Ambassador of Uzbekistan to Tehran Fariddin Nasriev met with Ali Akbar Safaei, Iran's deputy Minister of Transport and Urban Development and head of the Ports and Maritime Organization (PMO), to discuss strengthening bilateral and regional transport and transit collaboration.
