With the implementation of new power generation projects, Iran’s total capacity to produce electricity will increase by about 5,000 megawatts (MW) by the end of the current Persian calendar year, (March 2019 – March 2020).
News ID: 4930 Publish Date : 2019/06/29
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
News ID: 4899 Publish Date : 2019/06/25
An Iranian deputy economy minister highlighted the country’s numerous capacities to attract foreign investments and said more than 1200 foreign firms have invested in the Islamic Republic.
News ID: 4717 Publish Date : 2019/06/01
Oil prices rose again Friday and were on track for the first weekly gains this month, as rising tensions in the Middle East stoked fears of supply disruptions.
News ID: 4566 Publish Date : 2019/05/18
As per the data released by IMIDRO, major Iranian steelmakers exported around 5.54 MnT of steel during last Iranian year (21 Mar 18-20 Mar’19). Export decreased by around 25% Y-o-Y. Standalone during the twelfth month export was noted to be around 457,585 MT, registered a downfall of 44% Y-o-Y.
News ID: 4414 Publish Date : 2019/05/04
Asia's mining sector continues to hold the greatest rewards globally, with positive business environments, rich mineral deposits, supportive infrastructure and political stability in countries holding the top positions in Fitch Solutions' Asia Mining Risk/Reward Index.
News ID: 4333 Publish Date : 2019/04/12
Iranian rolling stock manufacturer, Wagon Pars Company, built 290 freight and seven passenger wagons in the last Iranian year (March 2018-19) at a cost of 812 billion rials ($6 million), the company’s CEO said.
News ID: 4315 Publish Date : 2019/04/11
Kuwait will back an extension of OPEC-led production cuts beyond June if it's clear supply and demand factors warrant it, Haitham al-Ghais, Kuwait Petroleum Corp's manager for market research and the country's OPEC governor, said Wednesday.
News ID: 4312 Publish Date : 2019/04/11
Iraqi Finance Minister Fuad Mohammed Hussein and Iranian Economy Minister Farhad Dejpasand pledged to spare no efforts to double the current volume of trade between the two countries.
News ID: 4274 Publish Date : 2019/04/09
Governor of the Central Bank of Iran (CBI) Abdol Nasser Hemmati underlined that the US designation of the Islamic Revolution Guards Corps (IRGC) as a "terrorist organization" shows its failure in anti-Iran economic pressures and policies.
News ID: 4273 Publish Date : 2019/04/09
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.
News ID: 4271 Publish Date : 2019/04/09
Indonesia recently extended anti-dumping duty on flat rolled iron & steel products from seven countries namely India, China,Taiwan, Thailand, Kazakhstan, Russia and Belarus.
News ID: 4164 Publish Date : 2019/03/29
Gas reserves in the Middle East can create opportunities for employment, business and peacemaking, according to Egypt's petroleum minister.
News ID: 3505 Publish Date : 2019/01/31
Tehran and Damascus signed a document to finalize previous agreements between the two countries for establishing a joint bank.
News ID: 3497 Publish Date : 2019/01/30
A US effort to enlist Europe in its pressure campaign against Iran faced a setback after officials said ministers from several European Union members and EU foreign policy chief Federica Mogherini will skip a summit organized by Washington on Iran and the Middle East in Poland.
News ID: 3344 Publish Date : 2019/01/21
SteelMint learned in recent conversation with market participants that local steel prices in Pakistan have come down today after witnessing a slight lift towards the closing of the last week
News ID: 3190 Publish Date : 2019/01/08
Within Fives, the Cement | Minerals Business Line recently set up a new operational entity in the Middle East to support customers with services and technical assistance.
News ID: 3174 Publish Date : 2019/01/06
Oil markets look “adequately supplied for now” after a big production increase in the last six months, but the industry is coming under strain, the West’s energy watchdog said on Friday.
News ID: 2427 Publish Date : 2018/10/13
The International Monetary Fund (IMF) in its latest World Economic Outlook titled “Cyclical Upswing, Structural Change” predicted a four-percent real gross domestic product (GDP) growth for Iran in 2018, down 0.3 percent from 4.3 percent in 2017.
News ID: 2096 Publish Date : 2018/04/19
The First International Comprehensive Marine Exhibition of Iran, also known as MARINEX, has been scheduled for Jan. 24 at Tehran’s International Fairground, the official website of the expo, www.marineex.ir, announced.
News ID: 1805 Publish Date : 2018/01/17
