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Armenian deputy minister of economic development visits ICCIMA

Armenian Deputy Minister of Economic Development and Investments Varos Simonyan visited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and held talks with Gholam Hossein Shafei, president of the ICCIMA.

Iran private sector to send delegation to Syria for talks on cement export

Iran-Syria Joint Chamber of Commerce is going to send a business delegation to Damascus for holding talks on export of Iranian cement to Syria.

Iran pumps one billion cubic meters of gas per day from South Pars

Iran has recovered nearly 13% of the total gas reserves in its side of the world’s largest gas field in the Persian Gulf, says its top oil and gas development company, as the country boasts of a major success at a time of brutal US sanctions on its oil and gas industry.

Trade halted in two border crossings between Iran, Afghanistan

Iran’s customs office IRICA has urged businesses not to send export shipments to two main border crossings with Afghanistan after reports showed that Taliban insurgents had occupied facilities on the other side of the border.

Iran reduces electricity supply to industries to tackle power shortage

The Iranian government has decided to significantly reduce electricity supplies to industries as it struggles to minimize power outages in large cities during the current summer heat wave.

Iran blames crypto mining for blackouts

Head of Iran’s state electricity company Tavanir has blamed a fresh surge in illegal crypto mining activity in the country as a main cause of shortage in power supplies during hot summer days.

Bushehr nuclear power plant back on grid after repair works

Iran’s state electricity company Tavanir has resumed using supplies from the country’s only nuclear power plant some 11 days after it went off grid due to repair works.

Six large factories come online across Iran, over 800 jobs added

Several new factories have come on line in Iran as the country boosts its manufacturing activity to add more jobs along with plans to diversify the economy away from crude.

Iran to return to oil markets as soon as sanctions lifted: Zanganeh

Iranian Oil Minister Bijan Zanganeh said on Friday he told an OPEC+ meeting that Iran would return to the markets swiftly if U.S. sanctions are lifted, regardless of decisions made by the producer group.

Iran approves Pasteurcovac COVID-19 vaccine for emergency use

Iranian health ministry has approved a second COVID-19 vaccine developed and manufactured inside the country for emergency use.