Economy
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Free dual-fuel conversion program for public vehicles launched
TEHRAN – The director of the CNG project at the National Iranian Oil Products Distribution Company (NIOPDC) announced the launch…
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Lingering energy subsidy system is fundamentally wrong
TEHRAN – Inexpert decisions coupled with populist policies have led to alarming energy consumption at the cost of the environment,…
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Iran’s trade balance with West Asian countries turns positive in 9 months
TEHRAN – Iran’s trade balance with West Asian countries turned positive during the first nine months of the current Iranian…
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Heavy machinery production in Iran rises by 15%
TEHRAN – The production of heavy construction and mining machinery in Iran increased by over 15 percent in the first…
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Power plants with 3,500 MW capacity to go online by mid-2025
TEHRAN – The deputy for project development at Iran’s Thermal Power Plants Holding Company (TPPHC) announced that by the summer…
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Inflation rate drops 0.5%
TEHRAN – The Statistical Center of Iran (SCI) has put the average inflation rate in the twelve-month period ended on…
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Iran-Germany trade reaches €1.37b in 11 months
TEHRAN – Trade between Iran and Germany totaled €1.37 billion from January to November 2024, marking a four percent increase…
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Iran's steel production sees modest growth in 2024, reaching 31m tons
TEHRAN – Iran’s steel producers ended 2024 with modest growth, as the country’s production of this key metal reached 31…
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ICCIMA outlines requirements for boosting mining growth
TEHRAN – Mohammadreza Bahraman, deputy head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), has outlined the…
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Smart Solutions to Combat Electricity Wastage and Smuggling in Country
TEHRAN- Ali Mahmoudian, an entrepreneur and the head of the National Union of Alternative Fuels and Related Services, drawing from…
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