Economy

Addressing the inaugural ceremony of executive operations for the second cooling towers of Shahid Mofatteh Power Plant in Hamedan on Saturday, he added that so far foreigners have applied for investment to the tune of 1,500 megawatts of renewable energies in Iran which have been approved by the Finance Ministry.Today …

Japan's Kobel Co. Company will share its technology of reducing water consumption in direct reduced iron factories and to be used for Iran's direct reduced iron factories.Ken Hiroseh, deputy head of Kobel Co. affiliated to Japan's Kobe Steel Mill in a meeting with Head of IMIDRO Company said that by …

He said that Iran, Russia economic exchange level have witnessed growth in the past two years.Sanaei said that one of the reasons for low level of bilateral trade is similarity between economy of the two countries as exporters of oil and gas, adding that if both sides complete their reciprocal …

'As per a contract signed between Iran Khodro and Peugeot, the joint production line will be launched in late February,' Salehi-Nia told reporters on the sidelines of touring Farda car manufacturing company in Semnan Industrial Township on Saturday.He also said that a memorandum of understanding (MoU) between Saipa automaker and …

Deputy Head of the Presidential Office Morteza Bank told a group of officials in Damavand, a city northeast of Tehran, on Saturday that for the first ever after triumph of the Islamic Revolution, Iran has reached the point that value of non-oil exports exceeds imports.Bank said that otherwise, fall in …

Speaking in a meeting with Marko Čadež on Friday, Iranian Ambassador Hossein Abdollahi pointed to holding the 15th Joint Economic Commission between the two countries soon, expressing hope for holding a meeting on the sidelines of the event to introduce Iran’s economic attractions and capacities to Serbian business people.Čadež also …

Speaking to reporters here on Saturday, Asghar Fakhriyeh-Kashan said that ATR will deliver three or four passenger planes to IranAir- the Airline of the Islamic Republic of Iran- by the end of the Iranian calendar year on March 20.After finalization of the deal valued at 400 million dollars for 20 …

Within his two-day stay, Keong will meet and confer with Iran’s Minister of Industries, Mines and Trade, Mohammad-Reza Nematzadeh, Minister of Agricultural Jihad, Mahmoud Hojjati, and Head of the Health Committee of the Parliament (Majlis), Ali Nobakht Haghighi.Concurrent with the visit, a seminar will be held on wood and an …

Nobakht said Iran experienced 11.5 billion dollar investment in 2016 which brought also knowledge and technology to the country.He added that removal of sanctions provided abundant opportunities for promotion of country’s economy.Despite limitation of financial resources, the government did its best to activate the industrial units affected by the sanctions, …

Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM), Masoud Khansari, made the remarks in an address to the Iran- Denmark trade session on Thursday.Khansari said sound implementation of the Joint Comprehensive Plan of Action (JCPOA) has prepared the ground for the European countries play an active role …