Category: 4. Business

Minister of Industry, Mines and Trade Mohammad Atabak on Saturday inaugurated Iran’s first monazite production plant, marking a milestone in the country’s rare earth industry.   

The pilot plant at the Abbas Abad…

The signing ceremony was also attended by the chief executive of the Islamic Republic of Iran Railways, private sector investors, and activists of the rail and transport industry.

Under the agreement signed, 600 tanked freight wagons, 300 diesel…

The Saturday report by Fars news agency said Iran has been investing heavily in the Salakh port of Qeshm, which is only 5 miles (8 kilometers) from major shipping routes in the Persian Gulf, to encourage more ships to bunker at the port instead…

Tajikistan’s Minister of Energy and Water Resources Daler Juma has described Iran as one of the country’s most important strategic partners in the region.

Juma made the remarks while meeting with Ali Najafi Khoshrudi, the vice president’s…

TEHRAN- The First Action Plan of the Islamic Republic of Iran against money laundering and financing terrorism has been announced by the country’s Financial Intelligence Unit (FIU).

This plan was developed in compliance with Article 4 of the…

The estimated in-place reserves of these blocks total more than 193.8 billion barrels of oil and 783 trillion cubic feet of gas.

A set of investment opportunities, comprising 23 exploration blocks across various regions of the country, has been…

TEHRAN – The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) commissioned $2.0 billion worth of mining and mineral industry projects in the past Iranian calendar year 1403 (ended on March 20), according to…