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Press TV

Iran Khodro reports 45% surge in output in six months

Iran’s largest car manufacturer the Iran Khodro Company (IKCO) says its output increased by 45 percent in nearly six months since the start of the current calendar year in March.

Mine and Industry

Iran taps National Development Fund to shore up stock market

The Iranian government says it will put aside one percent of the country’s sovereign wealth fund to stabilize the stock market which has fallen for consecutive sessions in recent weeks.

Macro Economy

Iran petrochemical output rises by 6% YoY

Iran has seen its output of petrochemical products increase on a yearly basis despite forecasts predicting that the sector would experience a major slump after the spread of the coronavirus in the country and in major export markets.

Mine and Industry

Iran’s IKCO develops panoramic sunroof for Peugeot 207

Iran’s largest car manufacturer the IKCO is launching a new version of its popular French model Peugeot 207 with a panoramic sunroof.

Mine and Industry

Iran says its e-commerce expanded over 200% during pandemic

Iranian government authorities say the spread of the coronavirus pandemic and restrictions imposed to contain the virus have caused a major boom in electronic commerce in the country. The sector had grown by 236 percent since the infection began to spread in Iran in late February.

Modern Enterprise

Iran’s Ministry of Energy signs contract for power purchase from biogas plant

Two departments from Iran’s Ministry of Energy have signed a contract for guaranteed purchase of electricity from the country’s largest biogas plant located south of the capital Tehran.

Energy

Second 5G mast installed in Tehran

An Iranian mobile operator has installed a second antenna for providing superfast internet based on the so-called fifth generation technology (5G) in the capital Tehran.

Modern Enterprise

Iran planning to build new port for super-size ships on Gulf of Oman

Iranian port authorities say the country is planning to build a second ocean port after Chabahar on the Gulf of Oman.

Transportation

Flights over Iran airspace up 71% YoY

A study of recent figures from the Iranian aviation industry shows the number of flights that pass through the country’s airspace has increased significantly months after a plane downing incident caused major global airlines to reroute their flights from Iran.

Transportation

Iran eyes 15% increase in annual fishery output

Iran is expecting a moderate 15-percent increase in fishery production in the current calendar year as the country keeps expanding its aquaculture sector to alleviate concerns about reaching biological limits in marine fishery.

Agriculture and Environment

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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