August 7, 2020
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August 5, 2020

TEHRAN – Head of Iran’s National Petrochemical Company (NPC) has said that the inauguration of 17 new projects in the current Iranian calendar year (ends on March 20, 2021) is going to increase the revenues of this sector by 80 percent, Shana reported.

According to Behzad Mohammadi, the petrochemical sector is currently the country’s leading industry and the top source of revenues, which is constantly growing and excelling.

Local Firms Meet 40% of Stationery Demand
August 6, 2020

D omestic production meets almost 40% of Iran's demand for stationery products, according to the CEO of Iranian-Islamic Stationery Association.

'Domestic share was 20% eight years ago. Since then Iranian producers increasingly made forays into the market to produce varieties of stationery to suit the home market. In terms of quality, our stationery can compete with foreign products,” Mohammad Yaqini was quoted as saying by the Persian-language"...

Iran exports over 18,000 tons of goods to Iraq through Mehran border
August 6, 2020

TEHRAN- Iran has exported 18,884 tons of commodities to Ira through Mehran border since the beginning of the current Iranian calendar year (March 20), IRNA reported quoting an official as saying on Tuesday.

Mahnaz Hemmati, the head of standard department of Iran’s western Ilam Province, also said that 158,000 tons of goods were exported to Iraq from this border point in the past Iranian year.


GSI exploration operations up 15% in 4 months
August 6, 2020

TEHRAN - The head of Geological Survey and Mineral Explorations of Iran (GSI) announced a 15 percent increase in the organization’s exploration operations carried out during the first four months of the current Iranian calendar year (March 20-July 21) compared to the same period last year, IRIB reported.

According to Alireza Shahidi, GSI has set a goal for conducting mining exploration operations, including identification, and general and detailed"...

Housing construction activities down 18% in a month
August 6, 2020

TEHRAN – Housing construction activities and services across Iran decreased by 18 percent in the fourth Iranian calendar month of Tir (June 21-July 21), IRNA reported, citing Iran Chamber of Cooperatives (ICC).

As reported, the Purchasing Managers Index (PMI) for the construction sector fell to 52.78 percent in the mentioned month.

PMI is a measure of the prevailing direction"...

Economic activity in Iranian ports ongoing constantly: PMO head
August 6, 2020

TEHRAN – Head of Iran Ports and Maritime Organization (PMO) has underlined economic activity in ports as a major indicator of the Iranian economy’s dynamism, saying economic activity in the country’s ports has been constantly ongoing.

“Activities in Iranian ports do not stop even for a moment,” IRIB quoted Mohammad Rastad as saying.

“We have"...

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