News & Events

  • Turkey aims to increase trade with Iran
    Turkey aims to increase trade with Iran Turkish businesspeople attending a meeting of the Iranian Business Council in Tehran said Sunday they are aiming to significantly increase the trade volume between Turkey and Iran. Date: 11/19/2019
  • Iran Mineral Output to Hit $22b
    Iran Mineral Output to Hit $22b The value of Iran’s mineral production will reach $22 billion by the end of the current fiscal year (ending March 19, 2020), says Deputy Industries Minister Jafar Sarqeini. Date: 11/13/2019
  • Iran 50% self-sufficient in petchem, power plant equipment
    Iran 50% self-sufficient in petchem, power plant equipment Nearly 50 percent of the equipment and machinery used in Iran’s petrochemical industries, industrial complexes and power plants are build inside the country, Mehr news agency reported on Tuesday, quoting a senior official from Iranian Ministry of Industry, Mining and Trade as saying. Date: 10/16/2019
  • Above $93 bn of investments to be made in petchem industry by 2025
    Above $93 bn of investments to be made in petchem industry by 2025 A senior Iranian petrochemical official said that the country’s investment in the petrochemical industry would reach 93 billion dollars by 2025. Date: 9/23/2019
  • Iran’s year-on-year inflation rate at 34.2%
    Iran’s year-on-year inflation rate at 34.2% Iran’s inflation rate in the 12 months ending in the Iranian calendar month of Ordibehesht (May 21) was announced at 34.2%, according to the latest statistics released by Statistical Center of Iran. Date: 6/12/2019
  • Oil prices rise as Fujairah tanker attack increases supply concerns
    Oil prices rise as Fujairah tanker attack increases supply concerns Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the Middle East after two oil tankers were attacked in the Sea of Oman. Date: 5/15/2019
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