Press TV

Turkey to keep up trade with Iran despite coronavirus restrictions

Turkey has developed a formula to continue cross-border trade with Iran despite a travel ban due to the coronavirus, the country’s Hurriyet newspaper reports.

Trade

Iran skeptical about US waiver to Swiss humanitarian initiative

The governor of the Central Bank of Iran (CBI) has expressed doubts about the practicality of a decision by the US government to allow Switzerland to use Iranian finances to ship food and medicine into the country.

Trade

Iran carries out regular sanitization in public places

As the new coronavirus claims more lives in Iran, the country speeds up efforts to combat the highly-contagious disease.

Transportation

Iran reports above-average rainfall in February

Iranian authorities say rainfalls in February helped mark a higher average precipitation for the water year in the country.

Agriculture and Environment

Iran opens part of mega freeway linking capital to Caspian Sea

Iran has opened a section of a 121-km freeway linking its capital to Mazandaran province on the Caspian Sea, a feat which has challenged the country’s financial resources and technical capacity for decades.

Transportation

Iran ramps up mask production amid coronavirus surge

Iranian factories producing face masks have swung into full gear amid a surge in coornavirus cases in the country that has caused deaths for a dozen people and infected scores more.

Mine and Industry

Tehran Stock Exchange index hits all-time high

The total value in the main Iranian stock exchange has reached all-time high of nearly 499,000.

Financial Markets

Iran inflation down by 1.6% in February: SCI

Data published by the Iranian government’s statistics department shows inflation has nudged down by 1.6 percent in the month ending on February 19, 2019.

Macro Economy

Iranian carmaker unveils first all-electric car

The Iran Khodro Compnay (IKCO), the largest carmaker in Iran, has unveiled a first electric car that could reach mass production in two years time.

Mine and Industry

Iranian egg producers to remove cartons to save $20 million a year

Iranian egg producers say they will remove the use of cardboard boxes from packaging to save around $20 million a year.

Agriculture and Environment