Tag Archives: Production

Governor of the Central Bank of Iran announced that his country’s national currency the rial has regained over 40 percent of its value. to Washington’s disappointment as the US is trying to damage Tehran’s economy with unilateral sanctions.

Iran’s Deputy Transportation Minister Shahram Adamnejad announced that the country’s largest airline IranAir has posted an operating profit for the last local calendar year ending on March 20. 2019.

Iranian Minister of Industry. Mine and Trade Reza Rahmani said that his country is planning to further decline the volume of imports by 2021. in a move to increase national economy’s resistance to US-posed pressures.

Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field. Oil Minister Bijan Namdar Zanganeh announced.

Minister of Industry. Mine and Trade Reza Rahmani said that country’s imports volume will decrease $10 billion by 2021.

The diversity of petrochemicals produced in Iran is expected to be enhanced by 2025 as the country is planning to realize the sector’s second and third leaps by 2025.

Iran'.s giant car-maker Iran Khodro manufactured a home-made engine named EC5 which can reduce fuel consumption in Peugeot 301 passenger cars.

The event enjoys utmost participation of those active in the economic sector. producers. and suppliers of this field.

The 8th Exhibition &. Conference on Investment Opportunities in Iran'.s Mines &. Mining Industries (MINEX2019) will gather dozens of domestic and foreign companies and investors at the largest mining events in Iran and Middle East.

Minister of Industry. Mine and Trade Reza Rahmani said that value of industrial and mineral productions in the current year (started March 21) will exceed $21 billion in the current yeasr (started March 21).