TEHRAN- A comprehensive support package for projects and industrial units damaged during the recent wars (the 12-Day War and the Ramadan War), proposed by the Small Industries Deputy of the Small Industries and Industrial Parks Organization of…
Category: 4. Business
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Diesel crisis deepens as Hormuz conflict bites
TEHRAN- Global energy markets are reeling from a new and dangerous shock. According to an article published on Tuesday by Foreign Policy, titled “Iran War Chokes ‘Major Driver’ of Global Economy,” the ongoing crisis in the Strait of…
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Over 10.6m tons of rebar produced in a year
TEHRAN- According to the statistics of the Iranian Steel Producers Association (ISPA), 10.631 million tons of rebar was produced in Iran during the past Iranian calendar year 1404 (ended on March 20).
Based on the ISIPA data, the country’s rebar…
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New support programs for damaged industries, low-income households on agenda
TEHRAN- The Minister of Economic Affairs and Finance, in a joint meeting with members of the Social Committee of Parliament, said that new support programs for the reconstruction of damaged industries and support for low-income households are on…
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Iran-Turkey trade should reach $30b: ICCIMA head
TEHRAN- The head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), referring to the close ties between Iran and Turkey and the significant opportunities for trade and industrial cooperation between the two countries,…
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From Dubai dream to an economic nightmare; promises that turned to smoke
TEHRAN- Imagine spending years saving money and time to build a tall tower by the sea; the tower becomes so famous that every investor in the world wants to buy a unit in it. But suddenly, a war breaks out in the neighborhood, and investors flee;…
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Loss of 1b barrels due to Iran war will slow oil market recovery, Aramco CEO warns
TEHRAN- The global oil market faces a prolonged recovery following the loss of approximately one billion barrels of crude over the past two months, the CEO of Saudi Aramco has warned. Even if key shipping routes are reopened, energy markets will…
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Iran, Turkey have high potential to rise annual trade to $30b
Speaking in a meeting with Turkish Ambassador to Iran Hicabi Kırlangıç in Tehran on Monday, Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Samad Hassanzadeh pointed to the very close relationship between Iran and…
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‘Industry-knowledge enterprise co-op; national drilling strategy for domestic production of equipmen
TEHRAN- The managing director of the National Iranian Drilling Company (NIDC) emphasized the role of knowledge-based companies in meeting the specialized needs of the drilling industry and said: “Cooperation between industry and knowledge-based…
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Pistachio export increases 250% in a month on year
TEHRAN- Deputy Minister of Horticulture at the Ministry of Agriculture said: “In the first month of the current Iranian calendar year, Farvardin (March 21-April 20), pistachio exports increased by more than 250 percent compared to the same period…
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