Industries
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TCCIM to Hold Course on Social Security Insurance Services
EghtesadOnline: The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a course titled “Social Security…
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58% Growth in Iran's Aluminum Output
EghtesadOnline: Iranian aluminum producers had an aggregate output of 65,170 tons of aluminum ingots during the first two months of the current Iranian year (March 20-May 20) to register a 58%…
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PMI Shows Industries Recovering From Steep Slump
EghtesadOnline: Iranian industries are seeing significant improvement in their latest indices from purchasing manager surveys after steep declines earlier in the current fiscal year (started…
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Rise in Home Appliance Output
EghtesadOnline: Iran’s output of home appliances increased by nearly 8% in the last Iranian year (March 2019-20), the deputy industries minister said.
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Mining Investments Rise 60% to $3.2b
EghtesadOnline: About $3.2 billion were invested in Iran’s mining and mineral industries during the last fiscal year (ended March 19, 2020) to register a 60% rise compared to the year before,…
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Industries Ministry Caretaker Bans New Contracts
EghtesadOnline: The new caretaker of the Ministry of Industries, Mining and Trade Hossein Modarres Khiyabani has banned senior officials of the ministry from signing new agreements or contracts,…
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Iran's Copper Ore Extraction Capacity Tops 32 Million Tons
EghtesadOnline: Iran has the capacity to extract 32.5 million tons of copper ores per year, making it the world's eighth biggest country in this respect, says Ardeshir Sa'd-Mohammadi, managing…
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Leather Production at 124 Million Ft2 in Fiscal 2019-20
EghtesadOnline: A total of 124 million square feet of leather were produced in Iran during the last fiscal year (March 2019-20), according to the Ministry of Industries, Mining and Trade’s Planning…
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The Theatrics of State-Run Housing Projects
EghtesadOnline: State-run housing projects in Iran are usually theatrics staged by governments, despite millions of dollars of spending that usually lead to the squandering and misappropriation…
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Exporters Want Changes in CBI’s Forex Repatriation Rules
EghtesadOnline: Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture has called on the government to revise stringent rules guiding repatriation of overseas earnings by non-oil…
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Industrial PMI Plunges to Record Low
EghtesadOnline: The novel coronavirus led to further deterioration of Iranian industries in the month ending April 19.
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Business Prospects Dim in Q4
EghtesadOnlne: Iran’s business environment deteriorated in winter (Dec. 22, 2019-March 19) on a quarter-on-quarter basis, ending its four-season streak of improvement registered in autumn, Iran…
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Treated Water: Last Option for Yazd Industries
EghtesadOnline: Yazd Regional Water Company annually draws one million cubic meters of water from groundwater sources to supply industries in Yazd Province, the company managing director said.
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Underground Water Resources Crucial
EghtesadOnline: Underground water resources meet close to 57% of the domestic water demand from households, farming and industries. The balance (43%) comes from renewable resources.
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Gas Supply to Industries, Petrochem Plants, Power Sectors Hits a Wall
EghtesadOnline: The sharp rise in household gas consumption due to the cold weather has resulted in cutting gas supply to other sectors, including cement factories and power plants. In the past…
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Industries in Iran Eye Capital Market for Funds
EghtesadOnline: The Ministry of Industries, Mining, and Trade is planning a bigger role for the stock market in funding the industrial sector, the Minister said.
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Tech Firms’ Deals With Industries Top $210m Since March 2018
EghtesadOnline: About 30% of short-term agreements signed between knowledge-based companies and industries since March 2018 have grown into long-term contracts worth 27.8 trillion rials ($214.4…
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Recapitalization of Industries Tops List of Borrowers
EghtesadOnline: Loans to raise working capital of industrial units had a 72% share of the total loans given to mining and industrial companies in the first seven months of the current calendar…
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Recycled Wastewater for Varamin Farms and Industries
EghtesadOnline: An estimated 91 million cubic meters of wastewater was transferred from the South Tehran Wastewater Treatment Complex to farms in the Varamin Plain 40km southeast of the capital…
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Industries Financed Mainly by Lenders
EghtesadOnline: Banks met nearly 57% of industrial units' capital need in the last Iranian fiscal year (ended March 2019), says a deputy minister of industries.
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MoU With Nicaragua for Joint Investment
EghtesadOnline: Iran and Nicaragua signed a memorandum of understanding in the Iranian capital Tehran on Saturday for joint investments in the fields of oil, agricultural outsourcing and industries.
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80% of Iran's Industries Have Access to Piped Gas
EghtesadOnline: All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday.
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Foreign Investment in Iran Industries Down 67%
EghtesadOnline: Iran approved $914.45 million worth of foreign investments during the period from March 2018, to February 2019, which shows a 67.4% decline compared to the $2.8 billion a year…
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Iran's Q3 Industrial Production Down
EghtesadOnline: The three main sectors of Iran’s economy, namely agriculture, mining and industries, delivered a poor performance in terms of production during the third quarter of the last fiscal…
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Khansari Reelected President of TCCIM
EghtesadOnline: Masoud Khansari has been reelected the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture for another four-year term.
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ICCIMA Hosts Tehran-Canberra Economic Conference
EghtesadOnline: A conference was held at Iran Chamber of Commerce, Industries, Mines and Agriculture in cooperation with Australian Trade and Investment Commission and Iran-Australia Chamber…
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Iran Interbank Rate Tweak to Impact Interest Rates
EghtesadOnline: Officials at the Central Bank of Iran have announced the decision to change interbank interest rates in a move that will subsequently impact deposit interest rates, a senior official…
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Tehran Power Outages Hampering Industries
EghtesadOnline: Frequent power outages in Tehran have adversely affected industrial units, taking a toll on electrical equipment and reducing efficiency.
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Cumbersome Foreign Investment Rules Need Reform
EghtesadOnline: The Foreign Investment Promotion and Protection Act (FIPPA) requires major procedural revision, according to a new study carried out on the order of the Tehran Chamber of Commerce,…
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Iranian Private Sector Mission Heads to France
EghtesadOnline: President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is leading a business delegation to France, which departed from Tehran on Sunday,…