News Categories

Switzerland ready to invest in Iran: Swiss envoy

26 August 2020 - 02:32
Swiss Ambassador to Tehran Markus Leitner expressed his country’s readiness to make investment in Iran.

Economy Ministry issues over $19.5b of bonds in a year

26 August 2020 - 02:26
Iranian Finance and Economic Affairs Ministry’s Deputy for Financial Supervision and Treasury Affairs issued a total of 820 trillion rials (about $19.5 billion) of Islamic bonds in the previous Iranian calendar year (ended on March 19), IRNA reported citing the deputy’s annual performance report.

Industrial projects to create 41,000 direct jobs by next March

10 August 2020 - 00:05
Iran’s acting minister of industry, mining, and trade said that inaugurating 200 major projects by the end of the current Iranian calendar year (March 20, 2021) is going to create 41,000 new direct jobs across the country, Mehr news agency reported.

Offering of shares through 3rd ETF to begin in late 2020

4 August 2020 - 00:34
The deputy head of Iran’s Privatization Organization said that offering of shares through the country’s third exchange-traded fund (ETF) will be done in the ninth Iranian calendar month Azar (November 21-December 20).

Industrial parks attract $2.1b of foreign investment

27 July 2020 - 01:20
Latest data released by Iran’s Industry, Mining, and Trade Ministry show that the country’s industrial parks managed to attract 231 investors with a total $2.1 billion of investment in the previous Iranian calendar year (ended on March 19).

IDRO to invest $6.3b in deprived regions

26 June 2020 - 04:28
Industrial Development and Renovation Organization of Iran (IDRO) will make 265 trillion rials (about $6.3 billion) of investment in the country’s deprived areas, according to the acting head of the organization.

Saudi Arabia aims to boost investment with mining law

10 June 2020 - 02:44
Saudi Arabia’s cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons.

Over $700m to be allocated for mining exploration projects

9 June 2020 - 03:01
Iran's Deputy Industry, Mining, and Trade Minister Darioush Esmaili says the country’s Mining Investment Insurance Corporation (MIIC) is going to allocate 30 trillion rials (over $714.2 million) for supporting mining exploration projects, IRIB reported.

Indonesia to ask Freeport to build copper smelter

7 June 2020 - 02:16
The Indonesian government will ask PT Freeport Indonesia to build a copper smelter in Weda Bay, a newly built metal industrial park in Halmahera, the senior minister overseeing mining said on Friday.

Energy ministers of Iran, Russia discuss trade, investment relation

31 May 2020 - 03:58
Iranian Energy Minister Reza Ardakanian discussed trade ties and investment cooperation with his Russian counterpart Alexander Novak in a phone conversation on Friday, Reuters reported, citing Russia’s energy ministry.
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