Category: 4. Business

TEHRAN – Iran’s small-scale power plants have increased their total daily electricity generation capacity to over 1,600 megawatts, according to the Power Generation, Transmission and Distribution Company (Tavanir).

Abolfazl Asadi, Tavanir’s…

TEHRAN – Iran and Russia’s Astrakhan region are strengthening cooperation in trade, industry, energy and logistics as part of efforts to enhance connectivity along the International North–South Transit Corridor (INSTC), Iran’s Consul…

Snapback Mechanism Seen as Major Challenge for Oil Equipment Manufacturers

TEHRAN (Iran News) Speaking at a press conference in Tehran, Ehsan Saqafi highlighted the central role of domestically produced equipment in sustaining Iran’s oil…

Paknejad announced on Monday that the discovery would add an estimated 10 trillion cubic feet (tcf) of Iran’s gas reserves.

He added that the exploration efforts in the Pazan field, located in southern Fars Province and extending toward northern…

Akbar Godari, the head of TPO’s Central Asia, Caucasus, and Russia Office reported a significant growth in trade exchanges between Iran and Russia, stating: “Given the current trend and predicted trade plans, it is expected that Iran’s exports to…

TEHRAN- Mohammad Masoud Samieinejad was appointed as the new head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) in a ceremony attended by Industry, Mining and Trade Minister Mohammad Atabak.

Atabak…

TEHRAN- The value of non-oil export from Khorasan Razavi province, in the northeast of Iran, rose 34 percent during the first half of the current Iranian calendar year (March 21-September 22), as compared to the first half of the previous year,…

TEHRAN- The head of Iranian Railways stated: “In order to provide financial resources for companies active in the railway sector, new financing models will soon be unveiled at an event attended by the Ministers of Transport and…

Gilan Positioned as Key Hub for Expanding Iran–Russia Trade

TEHRAN (Iran News) Speaking at the session hosted by the Gilan Chamber of Commerce, Saman Nazari Mo’afi, head of the Rasht Chamber, emphasized the province’s unique geographical…

Speaking at the National Conference on Investment Opportunities in North Khorasan Province of Iran, attended by Iran’s Vice President for Executive Affairs, Turkmenistan’s Ambassador to Iran, Ylyas Gayypov highlighted the longstanding…