Press TV

Iran sends major trade delegation to Serbia

Iran has sent a large trade delegation to Serbia with the aim of expanding economic relations with the European country.

Trade

Iran’s daily COVID death toll back to double digit

Iran has reported a first double digit death toll from the coronavirus (COVID-19) in months as the country prepares for a potential new surge in the number of infections.

Society Economy

Tehran’s housing price inflation continues to rise in June

The housing price inflation in the Iranian capital Tehran continued to rise in the calendar month to June 21, according to figures by the Statistical Center of Iran (SCI).

Macro Economy

OPEC chief says Iran, Venezuela oil could ease global energy crisis

OPEC Secretary General Mohammad Barkindo says a global oil supply shortage can be eased if American sanctions on Iran and Venezuela are removed and the two countries can export more oil.

Energy

Iran, Turkey, Russia consider joint car project

Iran, Turkey and Russia could launch a joint car project in the near future based on a proposal submitted to the three governments by private industries, says an Iranian industry businessman who is familiar with the issue.

Mine and Industry

Iran’s electricity consumption breaks all-time record

Iran Grid Management Company (IGMC) says the electricity usage in the country has broken an all-time record as scorching heat stretches the power grid to near its limits.

Energy

Iran limits foreignes’ access to banking services

The Central Bank of Iran (CBI) has confirmed reports it has restricted the access of foreign nationals living in the country to various banking services.

Financial Markets

Iran’s MAPNA Group rehabilitates part of power plant in Syria’s Aleppo

Iran’s MAPNA Group has managed to put part of the thermal power plant in Syria’s northern city of Aleppo back into operation.

Mine and Industry

Iran’s Q2 car output up 11.2% YOY

Car output at the three main Iranian automotive companies rose by over 11% in the three months to late June.

Mine and Industry

Major Iranian carmaker unveils first home-grown crossover

Iran’s largest carmaker the IKCO has unveiled a first fully home-made crossover amid plans to comply with government directives to diversify its models and improve the quality of its products.

Mine and Industry