Press TV

Iran Khodro resumes car production in Africa

Iran Khodro, the biggest automobile producer in the Middle East, has reactivated its assembly line for production of Samand sedans in Senegal, its deputy director for exports and international affairs says.

Mine and Industry

Iran fully ready to roll out coronavirus booster program

Iran’s Vice President Mohamamd Mokhber has announced the country’s full preparedness for rolling out coronavirus booster vaccinations amid efforts by the government to prevent a fresh surge in the number of infections.

Society Economy

Iran plans overseas farming in Russia, Brazil

Iran plans overseas farming in Brazil and Russia to grow crops and secure a stable supply amid surging food prices and lingering drought.

Agriculture and Environment

Iran’s rial dips on speculation over Vienna talks

Iran’s rials has hit a two-year low against major international currencies amid growing speculative fervor in the market about how a new round of talks between the country and world powers on reviving a 2015 nuclear deal will proceed in Vienna in the coming weeks.

Financial Markets

Trade flows normally across Iran-Afghan border after brief clashes

The Iranian customs office (IRICA) says one of its main checkpoints on the eastern border with Afghanistan has resumed processing trade cargoes after a brief closure that was caused by clashes in the region.

Trade

Iran cuts sugar imports by 12% amid rise in domestic output

Iran cut sugar imports by 12% in the eight months to late November amid a major rise in domestic output, says an official in the country’s Government Trading Corporation (GTC).

Trade

Iran aluminum output rises 23% in March-October: Report

Iran’s aluminum production rose by 23% in the seven months to October 22, shows a report, as the country continues to expand its production capacity for precious metals.

Mine and Industry

Iran automakers to produce 6,000 trucks with Chinese help

Iran has signed contracts with two domestic automakers to produce 6,000 trucks with the help of Chinese manufacturers, the head of Iran’s Road Maintenance and Transportation Organization said on Tuesday.

Mine and Industry

Iran steel exports up 30% in March-October: Report

Iran’s steel exports rose by almost a third in the seven months to October 22, shows a report by the country’s top metals holding IMIDRO.

Mine and Industry

Iran’s monthly oil export revenues at $1.3 billion in Aug-Oct: Report

A report shows that Iran has been earning an average of around $1.3 billion per month in oil exports revenues despite sanctions imposed by the United States.

Energy