Iran Ranks 4th in Attracting FDI in West Asia: Economy Minister
TEHRAN (Tasnim) – The Islamic Republic of Iran ranks fourth in West Asia in attracting Foreign Direct Investment (FDI) after the United Arab Emirates, Saudi Arabia and Turkey, an official said.
Iran’s Internet Bandwidth Doubles in 3 Years: ICT Minister
TEHRAN (Tasnim) – Iran’s minister of communications and information technology (ICT) said the country’s internet bandwidth has doubled since August 2021.
IsDB to Offer €700 Million Credit to Iran
TEHRAN (Tasnim) – The Islamic Development Bank (IsDB) is offering Iran a credit line worth €700 million following the negotiations made and reimbursement of arrears of the Iranian government at the bank.
Over 500 Wagons Added to Iran Rail Fleet
TEHRAN (Tasnim) – A total of 558 brand-new and overhauled wagons were added to the rail fleet of Iran.
Talks Ongoing for Release of Iran’s Blocked Assets in Bahrain
TEHRAN (Tasnim) – Banking officials from Iran and Bahrain started negotiations regarding the release of the blocked assets of the Central Bank of the Islamic Republic of Iran and other Iranian banks in Bahrain.
Tehran, Moscow Ink MoU on Gas Supply: Iran Oil Minister
TEHRAN (Tasnim) – Iranian oil minister revealed the signing of a memorandum of understanding (MoU) between Tehran and Moscow on the supply of Russian gas to Iran.
Iran’s Non-Oil Exports Up 40% in One Year: IRICA
TEHRAN (Tasnim) – The Islamic Republic of Iran Customs Administration (IRICA) said the country’s export of non-oil commodities registered a 40 percent hike in the previous Iranian calendar year (ended March 19, 2024).
Iran Foreign Exchange Revenues Rise $4 Billion in 3 Months: CBI
TEHRAN (Tasnim) – The figures of the Central Bank of Iran showed that the country's foreign exchange reserves increased by 4 billion dollar in the first quarter of the current Iranian calendar year (March 19 to May 22, 2024).
Iran’s Generation of Electricity Up 13.5% during President Raisi’s Administration
TEHRAN (Tasnim) – Statistics indicate that Iran’s generation of electricity during the administration of the late President Ebrahim Raisi registered a 13.5 percent growth, with Iran generating more electricity than industrialized countries like the UK and Italy.
Iran’s Transit of Goods via Rial Up 89% in Late President Raisi’s Term: Official
TEHRAN (Tasnim) – Iran’s minister of roads and urban development revealed an 89 percent growth in the transit of goods via rail during the administration of the late President Ebrahim Raisi compared to the previous administration.
Iran to Produce over 20 Million Tons of Grains in 2024, FAO Predicts
TEHRAN (Tasnim) – The UN Food and Agriculture Organization (FAO) said Iran will produce more than 20 million tons of grains in the 2024-2025 Farming Year and will stand in the third rank in terms of grain reserves after China and India.
Largest Hydrocracker Unit in West Asia Goes on Stream in Iran
TEHRAN (Tasnim) – The largest hydrocracker unit in West Asia was put into operation with a daily production capacity of 42,000 barrels of oil as the last part of the plan for the development and stabilization of the capacity of the Abadan Oil Refinery (Phase II).
Iran Unveils Digital Currency to Strengthen Payment Infrastructures
TEHRAN (Tasnim) – Iran unveiled the digital currency “CBDC” in a ceremony on Sunday attended by Governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin and some senior CEOs of the country’s banks.
Iran World's 30th Producer of Nuclear Electricity in 2023
TEHRAN (Tasnim) – Iran managed to produce 6.6 terawatt/hour of nuclear electricity last year, becoming the 30th producer of nuclear electricity in the world.
Iran Imports 6.6 Tons of Gold Ingots in 3-Month Period: IRICA
TEHRAN (Tasnim) – Some 6.6 tons of gold ingots were discharged and imported into the customs offices of Iran in the first three months of the current Iranian calendar year (March 20 to May 22, 2024), registering a more than threefold hike compared to last year’s corresponding period.
800 km of Rail Lines Inaugurated during Administration of Late President Raisi: Iranian Official
TEHRAN (Tasnim) – With the inauguration of three rail lines in the provinces of Yazd and Isfahan, the total length of rail lines inaugurated during the administration of the late Iranian President Ebrahim Raisi reached 800 kilometers, an official said.
Manufacturing 400,000 Electric Motorcycles on Agenda of Iran Industry Ministry: Official
TEHRAN (Tasnim) – Iran’s deputy minister of industry, mine and trade for transportation affairs said the ministry has prioritized manufacturing 400,000 electric motorcycles in the current Iranian calendar year (started March 20, 2024).
Over 2 Million Cellphone Handsets Imported into Iran in 3 Months: IRICA Chief
TEHRAN (Tasnim) – The president of the Islamic Republic of Iran Customs Administration (IRICA) said more than two million mobile handsets were imported into the customs offices of the country in the first three months of the current Iranian calendar year (started March 20, 2024).
