Category: 4. Business

TEHRAN – The economy ministers of more than 30 African countries are expected to take part in the second Iran-Africa summit which is scheduled to be held in Tehran on April 26. High-profile officials, including ministers of economy, from over 30 African countries are to participate in the international event. In a meeting on foreign…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has designated the new Persian year of 1403 as the year of “Surge in Production Through People’s Participation”. For several years, the Leader has noted that solving the country’s problems depends on the boom in production and then the economy. If we can boost production, many problems…

TEHRAN – President Ebrahim Raisi on Thursday inaugurated 16 water and wastewater management projects worth 170 trillion rials (about $340 million) in the capital Tehran, IRNA reported. The inauguration ceremony was attended by senior officials including Energy Minister Ali-Akbar Mehrabian. The inaugurated projects include three major water treatment projects and five drinking water transmission projects.…

TEHRAN – The production of iron ore concentrate in Iran increased by nine percent in the first 11 months of the previous Iranian calendar year (March 21, 2023-February 19, 2024), as compared to the same period in the year before, according to the data released by the Iranian Mines and Mining Industries Development and Renovation…

BEIJING- Most of Muslims around the world celebrated Eid al-Fitr, which marks the end of Ramadan, the Islamic holy month of fasting, on April 10. Muslims all over the world mark the end of the fasting period through a celebratory feast named Eid al-Fitr. For Muslims, it not only signals the breaking of the fast,…

TEHRAN – The poster of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2024) with the motto “Oil Industry; Surge in Production, Technological Optimization” was unveiled on Wednesday. The 28th edition of the exhibition will be held at Tehran International Permanent Fairground from May 8-11. More than 1,500 domestic and…

TERHAN – Iranian Oil Minister Javad Oji has said the ministry is going to collaborate with the Central of Bank of Iran (CBI) to provide foreign exchange funds for oil projects, Shana reported. “Given the great forex reserves, we are faced with no limitations on hard currency,” the minister said. Oji, in an X post,…

TEHRAN – Iran exported 390,000 metric tons of fresh dates, valued at $345 million, in the previous Iranian calendar year (from March 21, 2023, to March 19, 2024), as announced by an official from Iran’s Ministry of Agriculture. Zahra Jalili-Moghaddam, the director-general of Iran’s Ministry of Agriculture for tropical and semi-tropical fruits, said on Tuesday…

Payam Baqeri called on the government to throw its weight behind the private sector and economic enterprises of the country in line with spurring trade and economic activities. He went on to say that high-quality Iranian products are highly welcomed not only in neighboring countries but also in most other countries. Iran’s non-oil products have been welcomed by 15…

Speaking in the first meeting of the “Foreign Economic Relations Coordination Headquarters” in the new year in the Iranian calendar (which began on March 21) in Tehran on Tuesday chaired by the Deputy Foreign Minister for Economic Diplomacy Mehdi Safari in Tehran, he emphasized the importance of using the opportunity of holding the second edition of…