Tag: Economy
China expands foreign business access at world’s largest FTP
TEHRAN, Oct. 31 (MNA) – China has unveiled 16 measures to make it easier for foreign businesses and professionals to operate in the Hainan Free Trade Port (FTP), the world’s largest FTP by area, with new policies covering energy trade, medical servic
Iran’s economy has capacity to overcome war pressures: economic analyst
TEHRAN- An economic analyst, emphasizing Iran’s economic capacity to overcome the pressures caused by war and to revive production and employment, stated: “Erosive bureaucracy and delays in decision-making have prevented the utilization of the country’s economic power.”
Reconstruction of residential units damaged in war to be finished in 1 month
TEHRAN- The head of the Islamic Revolution Housing Foundation, Manouchehr Khajeh Dalouei, said reconstruction of residential units damaged in the 12-day imposed war has been completed, while repairs and rebuilding of units damaged in the 40-day war have passed 92 percent physical progress and should finish within one month.
South Pars phase 11 development continues with drilling of 13th well on platform B
TEHRAN- The CEO of Petropars Group announced the continuation of drilling operations for the 13th well on Platform B of South Pars Phase 11 and stated: After the completion and commissioning of 12 wells at this location, drilling of the 13th well has also been placed on Petropars’ agenda beyond its contractual commitments, and it…
‘Opportunities for agricultural cooperation with Africa available’
TEHRAN- Iran’s Minister of Agriculture, Gholamreza Nouri Ghezeljeh, addressed the First National Meeting on Iran-Africa Agricultural Cooperation, stressing that opportunities for joint agricultural cooperation with Africa are available and must be converted into concrete, operational, and lasting economic ties.
Gas prices in Europe nearly triple in October
TEHRAN, Oct. 31 (MNA) – Natural gas prices in Europe nearly tripled in October, exceeding $1,000, media reported on Saturday.
Iran-Africa trade turnover registers a 66% growth in H1
TEHRAN, Oct. 31 (MNA) – Iran’s minister of agriculture has emphasized that the value of bilateral trade between Iran and South Africa has registered a considerable 66 percent growth in the first half of the current Iranian calendar year (Mar. 21).
Tehran hosting international industry exhibition
TEHRAN- The 26th Tehran International Industry Exhibition opened on October 28 at the Tehran Permanent International Fairground, with the participation of 157 domestic companies, including 30 knowledge-based companies, and the presence of representatives of foreign brands from Germany, Japan, China, Taiwan, and Hong Kong.
Iran, Belarus discuss establishing joint power plant repair center
TEHRAN- Iran’s deputy energy minister announced plans to establish a joint Iran-Belarus power plant repair center and stated that Iran is ready to export MAPNA-built gas turbines and wind equipment to Tatarstan.
Iran, Turkey’s capacities pave way for expanding bilateral co-op: Iran’s minister
TEHRAN- The Minister of Transport and Urban Development emphasized the necessity of expanding bilateral cooperation between Iran and Turkey in the political, economic, and transport/communications fields and said: Expanding economic and transport/communications relations between Iran and Turkey, in addition to securing mutual interests, can make an effective contribution to strengthening cooperation, prosperity, and sustainable development…