Energy Economy

Vice Chairman of Board of Directors of Iran Electricity Industry Syndicate [IEIS] Payam Bagheri said that the Islamic Republic of Iran requires €5 billion worth of investment in its power plant’s industry per annum.

Statistical tables showed that 6,908,000 tons of steel ingot was exported from the country in the past Iranian calendar year [from March 21, 2019 to March 20, 2020].

Eurasia is a suitable opportunity for the expansion of trade cooperation between Islamic Republic of Iran and Belarus.

The Rimdan border between Iran and Pakistan has reopened since April 25, according to an official at Iran customs.

The Rimdan border customs between Iran and Pakistan has resumed operations since yesterday (April 25), said Spokesman for Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi, Trend reports citing IRICA. According to Latifi, 14 trucks (which were exporting Iranian products) crossed the border last day. Latifi added that Pakistan …

Concurrent with 1.4 percent decline in the global steel production volume in three months of the current year in 2020 [from Jan. to March].

In spite of cruel sanctions imposed against the Islamic Republic of Iran, the country managed to export products to 128 countries.

Concurrent with 1.4 percent decline in the global steel production volume in three months of the current year in 2020 [from Jan. to March], Iran’s steel output volume registered a 13.2 hike as compared to the last year’s corresponding period. According to the World Steel Association (WSA), Iran’s production volume …

EU Foreign Policy Chied Josept Borrell expressed his deep regret over the US opposition of Iran’s loan request from the International Monetary Fund (IMF) in the fight against the novel coronavirus, COVID-19.

Iranian President’s Chief of Staff Mahmoud Vaezi said that launch of Iran’s first military satellite Noor’1 by the Islamic Revolutionary Guards Corps (IRGC) is a golden page in country’s space technology.