Economy

Iran, Russia determined to develop ties at maximum level: VP

TEHRAN - Iranian Vice President Mohammad-Reza Aref has announced Tehran and Moscow's strong determination to strengthen bilateral relations to the maximum level, Shana reported.
Iran eyes connecting its railway with China through Afghanistan

TEHRAN – The head of the Islamic Republic of Iran Railways (RAI), in a meeting with the head of Afghanistan Railway, said the country is eyeing to connect its railway network to China via Afghanistan, the portal of Iran’s Transport Ministry reported.
Reaching PTA, a prerequisite for boosting Iran-Tajikistan trade

TEHRAN - Iran and Tajikistan have emphasized the need to expedite a preferential trade agreement (PTA) and completely eliminate visa requirements to boost bilateral economic relations, the portal of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) reported.

Iran, Russia determined to develop ties at maximum level: VP

TEHRAN - Iranian Vice President Mohammad-Reza Aref has announced Tehran and Moscow's strong determination to strengthen bilateral relations to the maximum level, Shana reported.
Daily output of Iranian gas refineries stands at 840 mcm

TEHRAN – Iranian gas refineries are currently producing 840 million cubic meters (mcm) of gas per day, according to the director of production coordination and supervision of the National Iranian Gas Company (NIGC).
36 new water treatment plants under construction across Iran

TEHRAN - The head of Iran’s National Water and Wastewater Engineering Company has said that 36 new water treatment plants are under construction across the country, Tasnim News Agency reported.
Iran eyes connecting its railway with China through Afghanistan

TEHRAN – The head of the Islamic Republic of Iran Railways (RAI), in a meeting with the head of Afghanistan Railway, said the country is eyeing to connect its railway network to China via Afghanistan, the portal of Iran’s Transport Ministry reported.
Reaching PTA, a prerequisite for boosting Iran-Tajikistan trade

TEHRAN - Iran and Tajikistan have emphasized the need to expedite a preferential trade agreement (PTA) and completely eliminate visa requirements to boost bilateral economic relations, the portal of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) reported.
TEDPIX gains 14,000 points on Tuesday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 14,063 points to 2,269,515 on Tuesday, which is the fourth day of the Iranian calendar week.
Iran-Venezuela Joint Economic Committee meeting kicks off in Caracas

TEHRAN - The 10th meeting of the Iran-Venezuela Joint Economic Committee opened in Caracas on Monday with representatives of dozens of public and private companies and institutions, along with government officials from both countries in attendance.
Aluminum ingot output exceeds 350,000 tons in 7 months

TEHRAN - Production of aluminum ingot in Iran reached 352,423 tons in the first four months of the current Iranian calendar year (March 20-October 21), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Completing value chain to ensure balanced development of petchem industry

TEHRAN – The head of Iran’s National Petrochemical Company (NPC) has said that completing the value chain and developing complementary industries is going to ensure a balanced and sustained development of the country’s petrochemical industry.
NIDC puts renovation of drilling equipment atop agenda

TEHRAN - The head of National Iran Drilling Company (NIDC) has stated that increasing the company’s productivity from 67 percent to 90 percent is the priority of the NIDC’s future plans, adding that in this regard, modernizing and renovating the drilling equipment is on the agenda.